News and Reports

The Tragedy of Democratic Politics

November 03, 2022 / dailyreckoning.com

The "most important election in our lifetimes" is but five days distant.Thus the Republic's very fate dangles in the balance... we are warned.Good vs. evil, light vs. darkness, democracy vs. fascism - these are the life-and-death combats before us.You must therefore take to the polls next week, and vote.Perhaps there is justice here. Perhaps the nation perches truly and precariously upon the devil...Read More

Osisko releases Cariboo, B.C., gold mine update

November 02, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Osisko Development Corp. [ODV-TSXV] says that as of September 30, 2022, the company produced 19,874 ounces of gold from three projects, located in the U.S., Canada and Mexico.That amount includes 7,163 ounces from the Bonanza Ledge Test mine at the company's flagship Cariboo Gold project in British Columbia, material was extracted from 53,352 tonnes of ore, grading...Read More

Atlantic hits up to 4.5% lithium at Ewoyaa

November 02, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipDigital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedMultiple promising results outside the resource included 45m at 1.16%...Read More

Canadian lithium developer Critical gets permit

November 02, 2022 / www.mining-journal.com

The issuance of the Certificate of Authorisation is an important milestone that will allow Critical Elements to advance project financing discussions to start mine construction following the issuanceRead More

Toronto-listed Calibre posts lower Nicaragua output...

November 02, 2022 / www.mining-journal.com

Calibre produced 38,928 ounces of gold from its Nicaragua mines in Q3, down from 44,579 oz a year earlier.Read More

Toronto-listed Ero Copper faces capex risk, says analyst...

November 02, 2022 / www.mining-journal.com

Ero Copper reported adjusted Q3 earnings per share (EPS) of US$0.04, below the market consensus of $0.18.Read More

US Fed lifts rates by 75 bps, signals smaller increases...

November 02, 2022 / www.mining-journal.com

But the central bank also signaled that future increases in rates would be made in smaller steps to account for "cumulative tightening of monetary policy".Read More

Botswana Slams "False" Claim it could Ditch De Beers

November 02, 2022 / www.idexonline.com

(IDEX Online) - Botswana's president has slammed a newspaper suggestion that the country would no longer be selling its larger diamonds to De Beers.Mokgweetsi Masisi told delegates at the Natural Diamond Summit, in the capital Gaborone, that the report was "false" and "ludicrous". The Sunday Standard newspaper ran a story headlined "Masisi to ditch De Beers for Lucara and HB Antwerp?".It...Read More

Emerald from 400-year-old Shipwreck to help Ukraine

November 02, 2022 / www.idexonline.com

(IDEX Online) -  A long-lost emerald, salvaged from a 400-year-old shipwreck is to be auctioned by Sotheby's New York.The octagonal step-cut 6.25 carat emerald ring will be sold with a $50,000 to $70,000 estimate and all proceeds will go to humanitarian efforts in Ukraine.The gemstone was lost for 363 years after the galleon Nuestra Senora de Atocha sank during the hurricane season in th...Read More

Bharat Diamond Bourse Celebrates 12 Years

November 02, 2022 / www.idexonline.com

(IDEX Online) - The Bharat Diamond Bourse (BDB), in Mumbai, India, has celebrated 12 years of operations.   Vice president Mehul Shah thanked the Israel Diamond Exchange (IDE), in Ramat Gan, saying it had served as inspiration for the venture.   The BDB complex (pictured), covering 2m sq ft, was designed in the shape of a diamond and, like IDE, it has interconnected high-rise buildings....Read More

Mineworx changes name, shuffles executive list

November 02, 2022 / www.mining-journal.com

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limited  &nbs...Read More

BHP buys into Thorn copper project in Canada

November 02, 2022 / www.mining-journal.com

BHP will acquire a 19.9% stake in Brixton Metals at C$0.18 a share in deal which potentially totals C$13.4 million.Read More

Pentwater confirms agreement with Rio on Turquoise

November 02, 2022 / www.mining-journal.com

"The Pentwater parties have agreed to withhold their votes at the special meeting and have delivered notices of the exercise of their dissent rights in respect of the arrangement," Pentwater CapitalRead More

Rio agrees ceasefire with Turquoise Hill minority shareholders

November 02, 2022 / www.mining-journal.com

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedIt comes af...Read More

Look Out Below!

November 02, 2022 / dailyreckoning.com

Just as I predicted, the Fed raised the fed funds target rate (also called the policy rate) today by 0.75%.The new target rate is a range of 3.75-4.00%, the highest since 2008. This is the sixth rate hike this year and the fourth consecutive 0.75% rate hike.That's the steepest, fastest series of Fed rate hikes since the Paul Volcker days in the early 1980s.Today's hike demonstrates that the Fed is...Read More

Ottawa forces Chinese divestments in critical minerals companies

November 02, 2022 / www.northernminer.com

The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On a Wednesday list of forced divestitures were Sinomine Rare Metals Resources's holdings in Vancouver-based Power Metals (CVE: PWM); Chengze Lithium International's investment in Calgary-based Lithi...Read More

Nutrien earnings outlook sours on pared potash guidance

November 02, 2022 / www.northernminer.com

Canada's top potash producer Nutrien (TSX: NTR) has guided for lower full-year headline profit as September-quarter sales volumes and prices slid lower than expected.The Saskatoon, Saskatchewan-based crop nutrient producer, distributor and retailer now guides for adjusted earnings per share of US$13.25 to US$14.50, below average analyst forecasts calling for US$14.45, and down from its prior Aug....Read More

Arizona Sonoran Copper rises on thick Parks-Salyer drill hit

November 02, 2022 / www.northernminer.com

Arizona Sonoran Copper's (TSX: ASCU) ongoing 32,000-metre infill drill program at its Parks-Salyer (P/S) porphyry copper deposit has delivered an intercept of 217.7 metres grading 1.01% copper.The robust intersection comes from an additional three drill holes drilled at P/S, following the initial Inferred resource in September of 143.6 million tonnes grading 1% copper for 2.92 million lb. of conta...Read More

New Found Gold announces high-grade results from new Lotto North zone

November 02, 2022 / www.northernminer.com

The latest assay results from New Found Gold (TSX-V: NFG; NYSE-A: NFGC) show near-surface, high-grade mineralization at its Lotto zone in northeast Newfoundland.The drilling shows that Lotto North is in fact a new, shallow and brittle fault zone north of Lotto proper, which hosts high-grade, epizonal-style gold mineralization in a north-south striking open-ended structure.Highlights from recent dr...Read More

Critical Elements gets Quebec's environmental OK to move Rose lithium-tantalum project forward

November 02, 2022 / www.northernminer.com

Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF) has received a certificate of authorization (CA) under Quebec's Environment Quality Act for its Rose lithium-tantalum project located in the province's James Bay region. The CA was issued by the Quebec Minister of the Environment, the Fight against Climate Change, Wildlife and Parcs.The CA is an important milestone that would allow Critical Elem...Read More

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