News and Reports

Diamcor Produces More Carats, More Specials

October 20, 2022 / www.idexonline.com

(IDEX Online) - Canadian junior miner Diamcor says it is refining its operation in South Africa and is producing more carats and more specials.It reported yesterday that it had delivered 5,593 carats of rough diamonds for its first tende3r of the quarter, from processing quarry material at the Krone-Endora at Venetia Project."The total includes several individual gem quality diamonds in the Specia...Read More

Boliden results show impact of higher power prices

October 20, 2022 / www.mining-journal.com

In terms of production, strikes in Norway hampered zinc supply in September, with the company's Odda smelter coming offline for 10 days.Read More

The AP "Fact-Checks" Jim Rickards

October 20, 2022 / dailyreckoning.com

Our humble publishing house has attracted the worried attention of the mainstream press...Some months back we sounded the klaxon about "Biden Bucks."Biden Bucks? This is Jim Rickards' colorful expression for the digital dollar - the American example of central bank digital currencies - CBDCs.To speed the digital dollar along, Mr. Biden signed Executive Order 14067 on March 9. From which:My adminis...Read More

Omai doubles Guyana gold resource

October 20, 2022 / www.northernminer.com

Guyana-focused Omai Gold Mines (TSXV: OMG) has reported a near-doubling of the resource base after releasing a new resource estimate for its namesake gold project.The new resource update incorporates an expansion of the Wenot pit and adds the Gilt Creek deposit.The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 grams per tonne....Read More

Biden hands out first EV battery metals funding to Albemarle, Piedmont and Talon among others

October 20, 2022 / www.northernminer.com

Albemarle (NYSE: ALB), Piedmont Lithium (NASDAQ: PLL) and Talon Metals (TSX: TLO) are among the companies marked for US$2.8 billion in Biden administration funding announced this week to help the critical minerals industry meet electric vehicle and other green energy targets. The White House selected 20 U.S. manufacturers and processors across 12 states for some of the first green metals fundi...Read More

Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO

October 20, 2022 / www.northernminer.com

Los Andes Copper (TSXV: LA; US-OTCQX) is eager to restart drilling at the flagship Vizcachitas porphyry copper-molybdenum deposit in Chile while it works in parallel to publish a pre-feasibility study on the project before year-end."General engineering work, infrastructure planning, plant design and environmental considerations are all on track with the plan to complete the (prefeasibility) in the...Read More

Nouveau Monde Graphite lands framework deal with Mitsui, Panasonic

October 20, 2022 / www.northernminer.com

Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has entered into a framework agreement with Mitsui & Co. and Panasonic Energy establishing the terms of a commercial relationship that enables the next development steps of the company's ore-to-battery-market integrated graphite project in Quebec.Under the strategic partnership framework, there is a non-binding memorandum of understanding on an offtake...Read More

Royalty firm Ecora plans transition to green metals despite lucrative coal contract

October 20, 2022 / www.northernminer.com

Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will propel it through a looming recession. The London-based company formerly called Anglo Pacific has a US$200-million war chest in revolving credit from lenders such as CIBC, Scotiabank and RBC w...Read More

Uranium Snapshot: Seven juniors searching for the energy metal

October 20, 2022 / www.northernminer.com

As the world looks for low-carbon energy solutions, more nations are coming to the conclusion that nuclear power needs to be part of the mix. Here are seven junior companies looking for the next uranium deposits to power the nuclear renaissance. BASIN URANIUM In early September, Basin Uranium (CSE: NCLR, US-OTC: BURCF) announced the intersection of significant uranium mineralization in first-pha...Read More

A scary time for everyone as gloomy forecasts for mining and exploration show

October 20, 2022 / www.northernminer.com

With annual financial budgets looming, the end of October is a frightening time in the calendar. This year is especially scary because of the considerable political and financial uncertainty. Soaring inflation, energy supply concerns and exchange rate volatility mean that the macroeconomic environment is weighing on all metals prices, regardless of fundamentals. Halloween is also upon us, and d...Read More

Los Andes Copper on track to deliver Vizcachitas prefeasibility by year-end, says CEO

October 20, 2022 / www.northernminer.com

Los Andes Copper (TSXV: LA; US-OTCQX) is eager to restart drilling at the flagship Vizcachitas porphyry copper-molybdenum deposit in Chile while it works in parallel to publish a pre-feasibility study on the project before year-end."General engineering work, infrastructure planning, plant design and environmental considerations are all on track with the plan to complete the (prefeasibility) in the...Read More

Heritage Mining Ltd. Provides Field Program Update

October 19, 2022 / bit.ly

(TheNewswire) Final Sampling Results from 2022 Summer Check Sampling Program and Channel Sampling Program Underway VANCOUVER, BC TheNewswire - October 19, 2022 Heritage Mining Ltd. (CSE:HML) (Read full newsRead More

Analysts favour BHP over Rio after quarterly results

October 19, 2022 / www.mining-journal.com

Iron ore production was up 1% quarter-on-quarter and 3% year-on-year to 65.1 million tonnes as the new South Flank mine continued to ramp up.Read More

Equinox Los Filos expansion attractive, decision pending...

October 19, 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)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedThe expansion would increase average annual gold production to 280,000 ounces through to 2036 at an all-in sustai...Read More

K92 shows upside with PNG drilling

October 19, 2022 / www.mining-journal.com

K92 released the detailed results of the latest 93 diamond drill holes completed from the surface and underground drilling at Kora-Kora South, Judd-Judd South, and the first results from Kora NorthernRead More

Proxy adviser recommends Turquoise Hill shareholders...

October 19, 2022 / www.mining-journal.com

In making its recommendation, Glass Lewis noted that Turquoise Hill undertook a reasonably comprehensive review process in the months preceding the execution of the arrangement agreement with RioRead More

Investors look for Q4 Americas silver catalysts

October 19, 2022 / www.mining-journal.com

Key upcoming events in the region's silver sector include firms Fresnillo, SilverCrest Metals, Hecla Mining, and Hochschild Mining which are listed in London, Toronto and New York.Read More

Suitors line up for Shanta Gold

October 19, 2022 / www.mining-journal.com

"Whilst discussions are continuing with each party, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made.Read More

US DOE provides US$2.8B for critical minerals

October 19, 2022 / www.mining-journal.com

Funding will be used to build and expand commercial-scale facilitiesin 12 US states to extract and process lithium, graphite and other battery materials, manufacture components, and demonstrate newRead More

Albemarle, Piedmont get US funds for lithium

October 19, 2022 / www.mining-journal.com

The grant funding from the Department of Energy (DOE) is intended to support a portion of the anticipated cost to construct a new, commercial-scale lithium concentrator facility at Albemarle's KingsRead More

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