News and Reports

Argentina Lithium reports positive lithium brine values at Rincon West, Argentina

October 25, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Argentina Lithium & Energy Corp. [LIT-TSXV; PNXLF-OTC; OAY3-FSE] reported positive lithium brine values from the third and fourth diamond drill holes at its Rincon West project in Salta province, Argentina.The Rincon West project covers 3742.8 hectares of the salar basin, located west and north of the adjacent Rincon Project owned by Rio Tinto. The property is curre...Read More

SQM Carmen expansion approved

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

The US$250 million investment will increase the plant's production capacity to 270,000 tonnes per annum of lithium carbonate equivalent by incorporating new technologies, operational improvements andRead More

Lithium firm Critical Metals to list on Nasdaq

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

Proceeds of the transaction, including a non-redeemed portion of US$159M cash-in-rust of Sizzle Acquisition, will be used for the construction and commissioning of  European Lithium's spodumeneRead More

Toronto-listed Aya secures US$100M for Zgrounder expansion...

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

The European Bank for Reconstruction and Development (EBRD) will provide $92 million.Read More

Base maintains FY 2023 production guidance

October 25, 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 metalsProduction guidance for...Read More

Barrick Gold buys option on Pearl String

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

Pearl String is a high sulfidation epithermal gold project located in Nevada's Walker Lane.Read More

Breitling Unveils First "Fully Traceable" Watch

October 25, 2022 / www.idexonline.com

(IDEX Online) - Breitling says its new $20,000 Super Chronomat Automatic 38 Origins is the first "fully traceable" watch.The gold is sourced from a single artisanal mine, all the diamonds are from lab-grown supplier Fenix, and buyers get a blockchain-backed NFT as a guarantee of provenance.Sourcemap, which provides transparency solutions for over 100,000 luxury goods companies,  is verifying...Read More

Sapphire Hunters Finds 834-ct Monster, Thanks to Rain

October 25, 2022 / www.idexonline.com

(IDEX Online) - Lucky sapphire hunter Matt Betteridge found an 834-carat monster thanks to heavy rains in Queensland, Australia.He was out "specking" - scanning the ground for precious gems - when he chanced upon the stone, which was the size of a "small child's fist". It's been valued at AUD $12,500 (USD $8,000).Speckers often go out after wet weather because rain washes away the topsoi...Read More

Lupita Nyong'o Becomes De Beers Ambassador

October 25, 2022 / www.idexonline.com

(IDEX Online) - De Beers has appointed actress Lupita Nyong'o as its first global ambassador, to front its new Where It Begins campaign.The first Kenyan and Mexican to win an Academy Award for Best Supporting Actress, said it would allow her to extend her advocacy for women and girls around the world."This campaign brings to life the  transformative power that I feel when I wear  De...Read More

Jetti raises $100 mil for copper tech rollout

October 25, 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 "Series D" financin...Read More

Swarovski Rolls Out Lab Grown Collection

October 25, 2022 / www.idexonline.com

(IDEX Online) - Swarovski is to roll out its lab grown range of diamond jewelry across 200 stores in the USA and Canada.The launch of the Created Diamonds collection follows a successful pilot program, the company said.Earrings, rings, necklaces, and bracelets featuring diamonds 0.25-cts and larger will be available online from next month and in stores next year. The family-owned crystal and...Read More

Turquoise Hill recommends Rio offer after ISS

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

It follows last week's decision by shareholder advisory firm Institutional Shareholder Services (ISS) that support of the deal was "not warranted" and that Rio Tinto's offer under-valued the firmRead More

Copper producers in Americas stress market tightness

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

Freeport-McMoRan has led the charge, highlighting that the physical copper market is "so tight" and that customers were "really fighting to get products".Read More

Calibre shares fall to a fresh low on expanded U.S.-Nicaragua sanctions

October 25, 2022 / www.northernminer.com

The Toronto-quoted equity of Nicaragua-focused Calibre Mining (TSX: CXB; US-OTC: CXBMF) has fallen to a fresh 12-month low following the imposition by the U.S. government of tighter sanctions aimed at stifling the regime of Daniel Ortega.The new U.S. sanctions under President Joe Biden expand a previously signed Trump-era executive order to include specific potential restrictions on trade and inve...Read More

More near-term pain for copper companies despite strong fundamentals, analysts warn

October 25, 2022 / www.northernminer.com

Against a testing backdrop for base metals equities, analysts will be hawkeyed during the upcoming third-quarter earnings reporting, looking for key metrics such as cash flow and cash on hand amid an unforgiving funding environment.According to Haywood Capital Markets analyst Pierre Vaillancourt, considering the economic prospects and pressure on the equities in its coverage universe, Haywood rema...Read More

As Ontario joins clean energy talks, federal minister Wilkinson looks to streamline project approvals

October 25, 2022 / www.northernminer.com

Ontario has joined a country-wide consultation process to hammer out energy and mining strategies for transitioning to clean power using critical minerals, Canada's natural resources minister said on Tuesday.The province joins nine other provinces and territories who've already signed up for the ministry's Regional Energy and Resource Tables or said they will soon join the effort, Minister Jonatha...Read More

The Northern Miner Podcast - episode 314: 'Stick with it'-Chris Taylor on building and selling an exploration company at the Global Mining Symposium

October 25, 2022 / www.northernminer.com

This week's episode features Chris Taylor, advisor to the Discovery Group, in conversation with Northern Miner editor-in-chief Alisha Hiyate at the Global Mining Symposium. Chris was most recently CEO, President and Director of Great Bear Resources Ltd., which was acquired in February 2022 by Kinross Gold Corp. for $1.8B. Currently, Mr. Taylor is Chairman of TSX.V listed companies Kodiak Copper Co...Read More

Skeena expands 23 zone to surface at Eskay Creek with 96 metres of 1.2 g/t gold equivalent

October 25, 2022 / www.northernminer.com

Skeena Resources (TSX: SKE; NYSE: SKE) has completed this year's regional and near-mine exploration programs at the former Eskay Creek gold-silver mine in B.C.'s Golden Triangle.Skeena said the program extended the 23 zone of mineralization to the surface. Infill hole SK-22-1090 averaged 1.35 grams gold per tonne and 6.6 grams silver (1.2 grams gold equivalent) over 96 metres. The company also sai...Read More

Cypress tests world's first battery-grade lithium from hydrochloride process at Nevada plant

October 25, 2022 / www.northernminer.com

Cypress Development (TSXV: CYP) says it has successfully tested the world's first hydrochloric acid process to extract battery-grade lithium carbonate from clay at its half-a-billion-dollar project in Nevada.The Clayton Valley lithium project about 270 km northwest of Las Vegas is producing lithium carbonate at a 99.94% purity level, Cypress chief executive officer Bill Willoughby said in an inter...Read More

Aya secures US$100M financing for Zgounder mine expansion, shares rise

October 25, 2022 / www.northernminer.com

Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has secured a US$100 million debt financing package to support the expansion of its Zgounder silver project in Morocco. The financing package comprises a senior debt facility of US$92 million from the European Bank for Reconstruction and Development (EBRD), plus a US$8 million tranche from Climate Investment Funds."We are thrilled to be partnering with...Read More

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