News and Reports

Prison Conman Steals Forevermark Diamonds

December 01, 2022 / www.idexonline.com

(IDEX Online) - The FBI has recovered $1m of Forevermark diamonds that were stolen by notorious conman James Sabatino - from his prison cell.Sabatino, 46, serving a 20-year term in Miami, USA, posed as a music executive and used a smuggled phone to persuade the De Beers subsidiary to provide gems, supposedly for a video of Justin Timberlake and wife Jessica Biel.Nine pieces of jewelry, among...Read More

Watchmaster Files for Insolvency after $10m Raid

December 01, 2022 / www.idexonline.com

(IDEX Online)  - Watchmaster, the online retailer that had $10m of luxury watches stolen from a vault in Berlin, yesterday filed for insolvency.The company says it's appointed an insolvency administrator to restructure the business, and hopes it will be able to continue trading.Its insurance only covers the purchase value of the watches, but not its investment in processing, certifying a...Read More

IDEX Price Report for 1 December: Rounds Down Yet Again, Some Rises Among Fancies

December 01, 2022 / www.idexonline.com

(IDEX Online) - Rounds fell yet again during November as the recession showed no sign of easing. Consumers turned to cheaper goods, pushing up some fancy prices.   Rounds  The decline that began in March continued, with price drops dominating almost every size category shown in 0.40-cts to 1.00-ct goods. There were very few price rises of any sort in goods below 1.25-cts. There...Read More

Rio Tinto outlines extent of inflation on costs

December 01, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe company reported 2023 guidance yesterday at its investment seminar in London...Read More

Agnico Eagle banks on Canadian production upside

December 01, 2022 / www.northernminer.com

The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive chair Sean Boyd told the recent Canadian Mining Symposium in London, England.In an era where most gold majors have exited the Abitibi Gold Belt, including Barrick Gold (TSX: BX; NYSE:...Read More

Orezone Gold's Bombor?(C) mine in Burkina Faso enters commercial production

December 01, 2022 / www.northernminer.com

Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced Thursday that its Bombor?(C) gold mine in Burkina Faso has now entered commercial production."Commercial production at Bombor?(C) is a significant milestone and transforms the company to producer status. We congratulate the Bombor?(C) team for their excellent execution in achieving this goal," Patrick Downey, president and CEO of Orezone, said in a...Read More

Brazil to let private sector mine for uranium

December 01, 2022 / www.northernminer.com

Brazil's lower house has approved a constitutional reform that authorizes the private sector to enter the uranium sector, which is currently the exclusive responsibility of state-run Ind??strias Nucleares do Brasil (INB).INB controls all activities related to mining of materials used for generating nuclear power. This has traduced into the country having to import most of the uranium used to powe...Read More

Mayfair Gold shares climb on Fenn-Gib drilling

December 01, 2022 / www.northernminer.com

Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) shares rose this morning on the latest drill results from the company's flagship Fenn-Gib project in northeast Ontario, as it works toward a prefeasibility study next year.Highlights included hole FG22-253, which intersected 1.1 grams gold per tonne over 366.7 metres near the surface, including 4.12 grams gold over 14 metres and 5.66 grams gold over 16 metre...Read More

Nunavut rise in exploration spending masks North's lack of competitiveness, says mining chamber

December 01, 2022 / www.northernminer.com

Nunavut will see the highest proportional increase in exploration spending in Canada this year, according to data released last week by Natural Resources Canada (NRCan). Exploration will rise 95% - almost doubling total spend to $232.4 million from $119.2 million last year.However, while exploration spending is expected to increase this year across the Far North, and shows the region is climbing o...Read More

Canada approves Marathon palladium mine environmental plan

December 01, 2022 / www.northernminer.com

The federal government has approved Generation Mining's (TSX: GENM) Marathon palladium-copper project's environmental assessment, as part of a country-wide strategy that seeks to boost production of metals and minerals considered key for the energy transition towards renewables.The proposed mine, located 10 km from Marathon, Ont., is expected to produce an average of 245,000 oz. of palladium equiv...Read More

Sorry, Russia's Winning the War

December 01, 2022 / dailyreckoning.com

Here's the mainstream narrative:The status of the war in Ukraine is best understood as a competition between the narrative and reality. The narrative consists of what you hear from mainstream media, the White House, the Pentagon and official sources in the U.K., France, Germany and both EU and NATO headquarters in Brussels.The reality consists of what's actually going on based on the best availabl...Read More

We Need to Talk About Ukraine

December 01, 2022 / dailyreckoning.com

There's plenty to discuss, from the Fed to inflation to the supply chain issues.But we need to talk about Ukraine. Yes, that's right. We need to talk about Ukraine. That's because nothing is more important in the world right now.Why? Because Ukraine is the spider in the spider web of the global economy.Ukraine affects geopolitics, geo-economics, energy and food shortages, supply chains and the des...Read More

Quadro Resources Arranges $1-Million Private Placement

November 30, 2022 / bit.ly

Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO, OTC Pink: QDROD, FRA: G4O2) is pleased to announce that, subject to regulatory approval, it will conduct a non-brokered private placement of up to 10,000,000 units (the "Units"), each Unit priced at $0.05 and consisting of 1 common share ...Read full newsRead More

Xander Resources Commences Maiden Drilling Program at the Timmins Nickel Project

November 30, 2022 / bit.ly

(TheNewswire) Xander Resources Inc. (Read full newsRead More

Brunswick Exploration Options Potential Extension to Allkem's James Bay Lithium Deposit

November 30, 2022 / bit.ly

Brunswick Exploration Inc. (TSX-V:BRW; "BRW" or the "Company") is pleased to announce it has signed an option agreement with Osisko Development Corp. (TSX-V: ODV) to acquire a 90% interest in the Anatacau Property (the "Property") located in the James Bay-Eeyou Istchee region of Quebec and which is...Read full newsRead More

RT @corp_tru: NEWS Release - $TRU Acquires 100% Ownership of Altius' Golden Rose Project

November 30, 2022 / tinyurl.com

TRU Precious Metals Corp. is pleased to announce that it has concurrently exercised three option agreements to acquire 100% ownership of the Company's flagship Golden Rose Project, as described below (Figure 1), located in the highly prospective Central Newfoundland Gold Belt.Read full newsRead More

RT @Investor_Intel: #TRU Acquires 100% Ownership of Altius' #GoldenRose Project

November 30, 2022 / bit.ly

November 30, 2022 (Source) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has concurrently exercised three option agreements to acquire 100% ownership of the Company's flagship Golden Rose Project ("Golden Rose" or the "Project"), as described below (Figure 1), located in the highly prospective [...]Read full newsRead More

CanAlaska, Metal Energy hit nickel in Manitoba

November 30, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - CanAlaska Uranium Ltd. [CVV-TSXV; CVVUF-OTCQX; DH7N-FSE] on Wednesday said drilling results have confirmed the presence of nickel-copper-cobalt mineralization on the Manbridge project in Manitoba.Manbridge is a joint venture held 30% by CanAlaska and 70% by operator Metal Energy Corp. [MERG-TSXV], a company that is funding the drill program.The joint venture has rel...Read More

Bristow confident on Pakistan Supreme Court decision...

November 30, 2022 / www.mining-journal.com

The Supreme Court has been tasked with ensuring that the project is in line with the country's constitution and is legal following a reconstitution of the firms to develop the project.Read More

Miners give lessons for the industry at London event...

November 30, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe mood at the event varied depending on who was delivering the news.Read More

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