News and Reports

War in FSU hits Glencore zinc, boosts trading revenues...

October 28, 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"Following...Read More

Global Atomic homes in on Dasa financing

October 28, 2022 / www.mining-journal.com

With steady progress being made on the ground,company president and CEO Stephen Roman, CEO, Global Atomic Corp.Stephen Roman hopes to wrap up project financing shortly as his team vies to bring what is Africa's largest highest-grade uranium project online in a little over two years from now. Several pieces must fall into place in order for that to happen, but favourable uranium market co...Read More

Canada boosts protections for critical minerals

October 28, 2022 / www.mining-journal.com

François-Philippe Champagne, Minister of Innovation, Science and Industry, today issued additional direction with regard to the application of the Investment Canada Act in cases involvingRead More

LME Week shows mood surprisingly upbeat

October 28, 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 limitedTypically a...Read More

Spac started by ex-Rusal M&A wiz hunts for green metals giant

October 28, 2022 / www.northernminer.com

ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several hundred million dollars as soon as possible.The new asset will form the core of ACG, a special purpose acquisition company, or "spac", chief executive officer Artem Volynets said in an interview. "Our intention is to ac...Read More

Federal government stiffens guidelines on foreign involvement in Canada's critical mineral sectors

October 28, 2022 / www.northernminer.com

The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada's critical minerals sectors.In a joint news release issued Friday, Fran??ois-Philippe Champagne, Minister of Innovation, Science and Industry, and Natural Resources Minister Jonathan Wilkinson said that under the updated guidelines for ho...Read More

Calibre granted environmental permits to develop Eastern Borosi project in Nicaragua

October 28, 2022 / www.northernminer.com

Nicaragua authorities have granted critical environmental permits to Calibre Mining (TSX: CXB; OTC: CXBMF), greenlighting the open pit and underground mine developments at its Eastern Borosi gold project (EBP).Calibre is advancing the development of the high-grade EBP deposits, which are scheduled to be in production by next year, feeding into the company's Libertad processing facility."Approval o...Read More

Argonaut completes financing package for Magino

October 28, 2022 / www.northernminer.com

Argonaut Gold (TSX: AR) has closed the sale of a 2% net smelter return royalty on its Magino project and surrounding land package in Ontario to Franco-Nevada (TSX: FNV) for US$52.5 million and a US$10 million equity private placement. Argonaut issued 34.69 million common shares to Franco-Nevada at a price of $0.3931 per share.In addition, the company has closed its previously announced US$250 mill...Read More

Teck Resources hikes cost of QB2 copper project in Chile again

October 28, 2022 / www.northernminer.com

Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least US$500 million.Canada's largest diversified miner now expects QB2 to cost between US$7.4 billion and US$7.75 billion, up from a July 2022 guidance of US$6.9 billion to US$7 billion, and an earlier estimate of US$4.7 billion...Read More

Indigenous-led EAs are on the horizon

October 28, 2022 / www.northernminer.com

At the recent Indigenous Led Projects Forum in Toronto in late September - the first event of its kind - co-host Michael Fox shared some of the big changes that he's seen in Canada's Indigenous communities over his lifetime.The 54-year-old said it wasn't until the 1980s that an Indigenous family member owned a car - - - a symbol of success. Later, the high water mark was the first Indigenous perso...Read More

Osisko Mining bulk sample averages 65.5 grams gold per tonne

October 28, 2022 / www.northernminer.com

Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau.Recently it mined a 4,809-tonne bulk sample from the 600 level of the Lynx deposit. The sample averaged 65.5 grams gold per tonne. The actual grade of the material processed was 169% higher than the block model predi...Read More

It's Just Noise!

October 28, 2022 / dailyreckoning.com

Finally, the pundits and government people get a positive GDP report they can get excited about. Q3 GDP grew at a 2.6% annualized rate, according to the Bureau of Economic Analysis (BEA).Happy days are here again, folks! And right before the midterm elections, no less.But in reality, the report is basically noise. As Mark Zandi, chief economist at Moody’s Analytics, says:If you take a step b...Read More

Why Elon Musk Is Suddenly Afraid of Putin

October 28, 2022 / www.outsiderclub.com

A few weeks ago Elon Musk took me - and really, all of us - by surprise when he tried to broker an end to the Russian invasion of Ukraine on Twitter.Because sensitive geopolitical matters are best solved by crowdsourcing on social media platforms, Musk tweeted:Now, there's a lot to unpack here, but one thing that really stood out to me was the parenthetical "(until Khrushchev's mistake)."That is...Read More

Newrange Signs Definitive Agreement to Acquire Coricancha Au-Ag-Cu-Pb-Zn Mine in Peru

October 27, 2022 / bit.ly

(TheNewswire) TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (Read full newsRead More

Collective looking to drill 20,000m in 2023

October 27, 2022 / www.mining-journal.com

Having raised C$10 million via a bought deal financing earlier in October, the company is funded to have another big year with the drill to both continue to work up Apollo and its grassrootsRead More

US Standard Lithium in lithium hydroxide pilot

October 27, 2022 / www.mining-journal.com

The experimental plant takes a lithium chloride feed produced by the firm's Direct Lithium Extraction (DLE) demonstration plant and converts this feed directly into a lithium hydroxide solution.Read More

Elon Musk now ready for lithium integration?

October 27, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)With lithium prices rocketing to new records this month and battery manufa...Read More

Sprott's one-stop-shop for private placements

October 27, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenSprott's Resource Exploration and Developm...Read More

Alamos continues to keep costs in check

October 27, 2022 / www.mining-journal.com

The company's total cash costs of US$868 per oz and all-in sustaining costs of $1178 per oz fell by 8% and 7%, respectively, from the first half of the year, and were both lower than the annualRead More

Agnico Eagle's EPS beat expectations; guidance maintained...

October 27, 2022 / www.mining-journal.com

"Despite headwinds from a lower gold price and cost inflation, the Company's financial position remains strong," president and CEO Ammar Al-Joundi said.Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok