News and Reports

US SEC to allow executive bonuses to be recouped

October 26, 2022 / www.mining-journal.com

Cerrado 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 riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe so-called clawback...Read More

No trough in US equities visible, says Goldman Sachs...

October 26, 2022 / www.mining-journal.com

The conclusion is likely to have an impact on North American-listed mining stocks which are already under pressure from falling metals prices, rising costs, and prospects of economic downturns in keyRead More

Kore cast into confusion following Congo arrests

October 26, 2022 / www.mining-journal.com

Cerrado 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 riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsEarlier this month, a s...Read More

Chile government unveils new royalty proposal

October 26, 2022 / www.mining-journal.com

Cerrado 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 riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe bill proposes a fla...Read More

Adriatic confirm rupice extension with drill campaign...

October 26, 2022 / www.mining-journal.com

A total of nine holes were drilled Rupice Northwest, which forms part of the company's Vares project in Bosnia & Herzegovina.Read More

Biden creates Nicaragua uncertainty for Canadian gold...

October 26, 2022 / www.mining-journal.com

Cerrado 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 riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsCalibre Mining said it...Read More

De Beers Eases Buybacks for Sight Holders as Demand Softens

October 26, 2022 / www.idexonline.com

(IDEX Online) - De Beers is reportedly easing its buyback terms for sight holders - an indication that the post-lockdown surge in demand is well and truly over.In a memo issued last Friday, the UK-based miner said it would give buyers increased freedom to refuse stones they don't want at the sight currently taking place in Gaborone, Botswana.They're now able to reject 20 per cent of good...Read More

Rishi Sunak Faces New Koh-i-Noor Demands

October 26, 2022 / www.idexonline.com

(IDEX Online) - The appointment of Rishi Sunak as Britain's new prime has again provoked calls for the Koh-i-Noor diamond to be returned to India.On Monday Mr Sunak, 42, (pictured) became the country's first leader of Indian origin, fueling hopes that he may respond more favorably to  calls for him to intervene.The iconic 105.6-ct Type IIa D-color gem, center-piece of the late Queen...Read More

Revenue Slips as Petra Predicts Volatility

October 26, 2022 / www.idexonline.com

(IDEX Online) - Petra produced and sold fewer diamonds in the first quarter, ending 30 September, according to the company's latest operating update.Revenue was down nine per cent year-on-year to $104.3m. It sold 520,011 carats, down 10 per cent.The UK-based miner said it had benefitted from a weaker rand, and it was closely monitoring current macro-economic uncertainties.Petra, which has min...Read More

Chile's recast mining royalty bill gets mixed reception from industry

October 26, 2022 / www.northernminer.com

The Chilean government has presented a bill to the Senate's Mining and Energy committee that "significantly reformulates the mining royalty bill," the finance ministry said in a statement on Tuesday.Finance Minister Mario Marcel said recent discussions have helped "find an alternative that better balances out the goals of the collection with growth and the industry's development."The bill proposes...Read More

First Quantum posts disappointing Q3, revises guidance on Kansanshi struggles

October 26, 2022 / www.northernminer.com

First Quantum Minerals (TSX: FM) has reported considerably lower third-quarter financial results, citing margin compression because of a declining copper price, cost inflation, and challenged performance from its Kansanshi copper mine in northwestern Zambia.The Toronto-domiciled base metals major reported that headline earnings fell 72% quarter-on-quarter from US$337 million in the second quarter...Read More

Denison in 'milestone' EIS submission for Wheeler River uranium project

October 26, 2022 / www.northernminer.com

Denison Mines (TSX: DML; NYSE: DNN) has filed its environmental impact statement (EIS) with the Saskatchewan Ministry of Environment and the Canadian Nuclear Safety Commission, reaching another milestone for its Wheeler River uranium project in northern Saskatchewan. The EIS outlines the company's assessment of the potential effects (including applicable mitigation measures) of the proposed in-si...Read More

Hochschild makes new discovery at Pallancata

October 26, 2022 / www.northernminer.com

Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has discovered a new zone to the west of operations at its Pallancata silver-gold mine in southern Peru.The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery "has the potential to secure the medium-term future of the Pallancata mine."Highlights from the discovery include 17.6 metres grading 8.5...Read More

Mantoro hits high-grade at Golden Hill in Bolivia

October 26, 2022 / www.northernminer.com

Earlier this month Mantoro Precious Metals (TSXV: MNTR; US-OTC: MSLVF) reported results from the first drill hole at the La Escarcha gold deposit on its Golden Hill project in Bolivia, 140 km northeast of Santa Cruz, the country's second-largest city.The first drill hole returned 4.69 metres of 5.15 grams gold per tonne starting 171.5 metres downhole, including 2.2 metres of 9.38 grams gold, in dr...Read More

Equinox Partners riles at industry over-boarding

October 26, 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 riskSPONSOREDorenOver-boarding is a phenomenon which sees r...Read More

A Superpower Just Declared War

October 26, 2022 / dailyreckoning.com

"A superpower declared war on a great power and nobody noticed."This is the studied conclusion of journalist Edward Luce, unfurled in a recent Financial Times column. The war-declaring superpower in this instance is the United States. The declared-against great power is the People's Republic of China.Like an Easter egg laid strategically in high grass... the unnoticed war declaration lies obscure...Read More

Adidas to Lose Hundreds of Millions in Sales Dropping Kanye West

October 26, 2022 / www.outsiderclub.com

I'm going to go out on a limb and defend the Adidas company. But before you cancel me, just hear me out for a minute...Adidas got put into a dilemma - a "damned if it does and damned if if doesn't" situation - that was going to cost the company hundreds of millions of dollars with any decision it made.If you've followed the news or social media over the past few days, you probably know the story:...Read More

2023 #Nickel Market Deep-Dive with Alex Laugharne (CRU Group) and Martin Turenne (FPX Nickel)

October 25, 2022 / youtu.be

Listen to a nickel market deep dive with experts Alex Laugharne of the CRU Group and Martin Turenne of FPX Nickel hosted by investor Brian Leni of JuniorStoc...Read full newsRead More

Jetti raises $100 mil for copper tech rollout

October 25, 2022 / www.mining-journal.com

The "Series D" financing included multinational investment bank Rothschild & Co, DNS Capital, and early investors among others, the company said.Read More

Base maintains FY 2023 production guidance

October 25, 2022 / www.mining-journal.com

Production guidance for 2023 financial year maintains at 62-73,000t rutile, 260-310,000t ilmenite and 22-27,000t zircon. The company mined a total of 4.Read More

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