News and Reports

Nighthawk Gold reports new results from Colomac project in NWT

September 02, 2022 / www.northernminer.com

Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the Northwest Territories, about 200 km north of Yellowknife.Colomac Centre contains the Grizzly Bear, Colomac Main, Goldcrest, 24 and 27 deposits. The project also has four higher grade satellite deposits: Kim, Cass, Damoti and Treasure Island.Highlights...Read More

Barrick sells 22 royalties to Maverix Metals for up to US$60 million

September 02, 2022 / www.northernminer.com

Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources' (TSX: SKE; NYSE: SKE) Eskay Creek gold-silver project in British Columbia for US$50 million in cash and a contingent consideration of up to US$10 million.The contingent payment will be broken down into three payments within six years of closing: US$...Read More

Lucapa finds Angola mine's sixth-largest white diamond

September 02, 2022 / www.northernminer.com

Australia's Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date.The diamond was found at the same alluvial mining block as the Lulo Rose, a 170-carat pink-coloured diamond believed to be the largest of its kind found in Angola in 300 years.Lucapa has a 40% stake in the Lulo mine, w...Read More

Russia Isn't Stopping - and China Is Just Getting Started

September 02, 2022 / www.outsiderclub.com

Chinese warplanes have crossed the median line of the Taiwan Strait on a daily basis since Nancy Pelosi made her breezy little visit to the embattled island.On average, seven Chinese warships appear on the horizon each day, cruising by to send a message.That message: We own you.It's not one Taiwan or its president Tsai Ing-wen can accept.So they've begun to retaliate.Earlier this week, Taiwan fire...Read More

The Forgotten Man

September 02, 2022 / dailyreckoning.com

The classic movie Gold Diggers of 1933 featured a song-and-dance number called "Remember My Forgotten Man."The movie was ostensibly about how farm girls who moved to the city and faced economic depression would do whatever it took to get along. That was the theme of the opening song, "We're in the Money," the lyrics of which are truly hilarious once you understand the point.But the deeper theme wa...Read More

Rover Metals @RoverMetals Rover Metals Options Brownfields Critical Minerals Project At 60th Parallel, NT,

September 01, 2022 / www.globenewswire.com

VANCOUVER, British Columbia, Aug.16, 2022(GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) ("Rover" or the "Company") is...Read full newsRead More

Aston Bay drills 4.18% copper over 41 metres at Storm project, Nunavut

September 01, 2022 / www.canadianinvestor.com

Share this article TORONTO - Aston Bay Holdings Ltd. [BAY-TSXV; ATBHF-OTCQB] reported the first assay results from drilling at the company's high-grade Storm Copper Project on Somerset Island, Nunavut. This is the maiden drilling program for American West Metals Limited who are the project operator, since entering an option agreement with Aston Bay in March 2021.Highlights include drill hole ST22...Read More

Rio may need more to land Turquoise Hill - analysts...

September 01, 2022 / www.mining-journal.com

The two firms announced on September 1 that they had reached an agreement in principle for a US$3.Read More

Altaley keen to put difficult Q2 in the past

September 01, 2022 / www.mining-journal.com

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThis resulted in the delivery of lower grade or to the mill, which negatively affecting recoveries and concentrate grades, the company's CEO Ralph Shearing said."In addition, the mine installed a copper recovery...Read More

Wesdome borrows more money

September 01, 2022 / www.mining-journal.com

The company said the facility, which is led by National Bank Financial, features more favourable covenants, lowers the margin of borrowing, and extends the term to 25 August 2025 from 29 March 2024."With this facility and ongoing free cash flow generation from our Eagle River mine, Wesdome maintains significant financial liquidity and flexibility as we look towards ramping up Kiena in the near ter...Read More

Ford urges US to deliver mine permits for critical...

September 01, 2022 / www.mining-journal.com

Mining firms, including those in the copper, lithium and nickel sectors, have faced regular delays in securing environmental approvals and other permits to develop new mines in the US, especiallyRead More

N.American uranium sector supported by nuclear shift...

September 01, 2022 / www.mining-journal.com

US President Joe Biden's Inflation Reduction Act, signed into law on August 16, is also expected to support the North American uranium and nuclear sectors through US$30 billion in tax credits over 10Read More

Why investors spurn gold stocks

September 01, 2022 / www.mining-journal.com

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDLast week's ‘From the Capital' column discussed the link between movements in the prices of gold companies with established production and the price of the metal itself.Read More

Rio's Nuton makes $25M investment in McEwen Copper...

September 01, 2022 / www.mining-journal.com

McEwen Copper said it is well-funded to advance its Los Azules project in San Juan, Argentina—which is expected to see the completion of an updated preliminary economic assessment early next year and an initial public offering during the first half. As part of the deal, however, the IPO, or any liquidity event, is not to take place until after 31 March."Los Azules is among the largest undeve...Read More

IDEX Price Report for 1 September: Significant Losses Among Rounds

September 01, 2022 / www.idexonline.com

(IDEX Online) - There were significant losses among rounds, as the war in Ukraine enters its seventh month. A more mixed picture among fancies. Indian manufacturers are still filling the supply gaps, especially small goods, by switching to lab growns. However Alrosa is reportedly selling $250m of rough a month despite sanctions, circumventing dollar restrictions by accepting rupee payments. Alrosa...Read More

Colombia will not return to extractivism: minister...

September 01, 2022 / www.mining-journal.com

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Meeting the challenge of the demand for energy transition minerals could imply an exacerbated extractivism for Colombia.Read More

IDEX Online Launches Service for Lab Grown Diamonds

September 01, 2022 / www.idexonline.com

(IDEX Online) - Members of the IDEX diamond trading network can now search, buy and sell Lab Grown diamonds online for the first time. The new feature has been introduced as part of IDEX's Guaranteed Diamond TransactionsTM, the fully automated online diamond trading service. All Lab Grown diamond listings are uploaded in separate inventory files to assure no confusion with natural diamon...Read More

Rio Tinto and Turquoise Hill reach agreement on deal

September 01, 2022 / www.mining-journal.com

North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio already owns 51% of Turquoise Hill and in March bid C$34 per share for the remaining shares it didn't hold. Turquoise Hill rejected that offer and Rio returned last week with a $40 per share bid.Read More

Moody's cuts metals price calls amid slowing global growth

September 01, 2022 / www.northernminer.com

Credit rating firm Moody's Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.Essential commodities affected include gold, silver, steel, aluminum and copper, as slack demand dents global growth momentum."China is a major consumer of base metals, coal and iron ore, and the largest steel p...Read More

Mining industry on track to meet decarbonization targets, say analysts

September 01, 2022 / www.northernminer.com

The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.Russell emphasizes the need for decarbonization strategies to become mainstream and incorporated into the industry's routine management, operating and...Read More

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