News and Reports

Mining inflation may have peaked, says Yamana's Marrone...

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

Cost inflation has fanned all-in-sustaining costs (AISC) for mining firm this year, exacerbated by higher energy prices after Russia's invasion of Ukraine in February and ongoing supply chainsRead More

Ariana's Tavsan resource increased by 22% in updated...

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

The update also shows the additional potential of 1.7Mt of below cut-off grade material, which occurs in the 0.5-0.7 g/t gold range for 34,000 oz.Read More

Williamson Mine Closure Extended to Mid-2023

November 30, 2022 / www.idexonline.com

(IDEX Online) - Petra Diamonds today said its Williamson mine, in Tanzania, is likely to remain closed for longer than expected following the dam breach a month ago."Interim deposition options are being developed that may enable the Williamson mine to resume production around the middle of 2023," said the UK-based miner.A week after the breach, Petra said a preliminary estimate suggested productio...Read More

Employee Hit with Gun in Jewelry Raid

November 30, 2022 / www.idexonline.com

(IDEX Online) - A jewelry store worker was struck on the head with a gun during a violent $500,000 raid.Police are hunting five masked men responsible for a smash-and-grab robbery at Sara Jewelry (pictured), in Jersey City, New Jersey, USA.The raiders smashed display cases, stole jewelry and escaped in two getaway cars waiting outside.They forced one woman employee at gunpoint to open the safe, an...Read More

Rio Tinto's Unique $1.24m Midnight Sun Diamond Ring

November 30, 2022 / www.idexonline.com

(IDEX Online) - Pink and yellow diamonds from two iconic Rio Tinto mines - Argyle and Diavik - have been brought together to create a unique ring.It's called Diavik Midnight Sun and has been valued at $1.24m.An 18.08 carat fancy intense yellow oval diamond from Diavik, in sub-Arctic Canada, contrasts with an intricate setting of rare Argyle pink diamonds, from the now-closed mine in in the re...Read More

Base metals buoyed as Beijing bends on COVID-19 controls

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, geopoliticsSPONSOREDBase metals markets have been buoyed by hopes that changes to China's pandemic c...Read More

Toronto exchange shares concern on Chinese termination

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

The controversial decision by Ottawa on November 2 to force the firms developing critical minerals to jettison their Chinese investors has raised concerns about the potential impact on issuers and theRead More

An Inconvenient Truth

November 30, 2022 / dailyreckoning.com

'Tis is a shame that the United Nations Framework Convention on Climate Change doesn't follow the science more closely...At its recent climate confabulation it announced a:Breakthrough agreement to provide "loss and damage" funding for vulnerable countries hit hard by climate disasters.That is, a breakthrough agreement to fleece the United States taxpayer. It is he - and she - whose pocket the Uni...Read More

Bravo's Brazilian PGM project finds higher grades than Vale years ago

November 30, 2022 / www.northernminer.com

Bravo Mining (TSXV: BRVO; OTCQX: BRVMF) is confirming the potential of its Luanga platinum group metals project in northern Brazil by re-sampling old drill cores collected by former owner Vale (NYSE: VALE). Highlights of the re-sampling at the site about 500 km south of Bel?(C)m on the country's north coast include 30 metres starting at surface grading 2.34 grams platinum group metals (PGM) and g...Read More

Strategic Metals reports high-grade copper, cobalt and gold mineralization in Yukon

November 30, 2022 / www.northernminer.com

Strategic Metals (TSXV: SMD) has announced high-grade results from its Batt property in southwestern Yukon. Its wholly-owned site covers volcanogenic massive sulphide (VMS) and overprinting epigenetic vein and fracture hosted, copper, cobalt, gold, silver and zinc mineralization. Result highlights include 0.71% copper, 0.21% cobalt and 1.18 grams gold per tonne over 5.7 metres from a hand trench...Read More

Fireweed Metals increases Lundin-backed financing, stock hits 52-week high

November 30, 2022 / www.northernminer.com

Due to strong investor interest, Yukon-focused critical minerals explorer Fireweed Metals' (TSXV: FWZ; OTC: FWEDF) says it will increase its previously announced financing to about $35 million.Earlier in the week, the company formerly known as Fireweed Zinc announced a private placement to raise aggregate proceeds of $27.5 million. The financing consists of three parts: 28.3 million common shares...Read More

Fate of Barrick's US$7B project in Pakistan to be decided next week

November 30, 2022 / www.northernminer.com

Barrick Gold (NYSE: GOLD; TSX: ABX) will hear next week whether it can proceed with its US$7-billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and Afghanistan.The country's Supreme Court, which has been tasked with ensuring the project is in line with Pakistan's constitution and laws, finished its due diligence on Wednesday. The final verdict, however, won't be announc...Read More

Petra Diamonds to keep Williamson mine idled until mid-2023

November 30, 2022 / www.northernminer.com

Petra Diamonds (LSE: PDL) said on Wednesday its Williamson mine in Tanzania would not resume production before the middle of 2023, following the partial collapse of a tailings storage facility (TSF) earlier this month. The company said the decision comes after an assessment by a team of experts which concluded there is a low risk of further failures of the mine's TSF. They also warned of a poss...Read More

Gold's Secret Investment Benefit

November 30, 2022 / www.outsiderclub.com

Investing in physical gold and silver bullion holds a secret and powerful benefit... one that both creates a hedge and builds a foundation for wealth accumulation.But I'll tell you now that it's not an equal benefit. It's something that can financially help some people much more than others.In fact, some investors are going to call this "benefit" a disadvantage. And, for them, they wouldn't be wro...Read More

Paramount Gold hits permitting milestone in Oregon

November 29, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Paramount Gold Nevada Corp. (PZG-NYSE American) said Tuesday the Federal Bureau of Land Management (BLM) has accepted the plan of operations for the proposed high-grade underground Grassy Mountain gold mine in eastern Oregon as complete.With completeness, Paramount said the BLM will issue a notice of intent, thereby initiating the Environmental Impact Statement proc...Read More

Alamos drilling at Island Gold highlights resource...

November 29, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumNew drilling results relased by the firm today included 97.21 g/t gold (58.55 g/t cut) over 5.05 metres and 525.28 g/t A...Read More

Fortescue ends year-long search for new CEO

November 29, 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, geopoliticsSPONSORED"Fiona will deliver Fortescue's global metals strategy - to be the most successf...Read More

Agnico Eagle Mines aims to rival Barrick

November 29, 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 ongoing rivalry between the world's fourth and third-largest gold miners by...Read More

US coal miner Alpha sees higher costs in 2023

November 29, 2022 / www.mining-journal.com

In terms of the expected cost of coal sales, Alpha is guiding to a range of US$106-$112.00t for metallurgical coal next year, reflecting inflation led by higher labour and supply costs.Read More

Biden urges legislation to derail rail strike

November 29, 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 legislation would impose a contract on four railroad unions and end a threat...Read More

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