News and Reports

TNM Drill Down: Top Ten copper drill results year to date

September 01, 2022 / www.northernminer.com

Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the "green metal" for its central importance in electrification. Below we highlight the top five copper drill results of the year so far (to Aug. 17), ranked by grade x width, as identified by data provider Mining Intelligence. Best copper drill results year...Read More

McEwen Copper completes US$81.9M financing, including US$25M investment by Rio Tinto

September 01, 2022 / www.northernminer.com

McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each.This financing tranche comprised a US$25 million investment by Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) copper leaching technology venture, Nuton, and US$1.9 million from other investors. This brings the...Read More

Marathon Gold board gives nod to Valentine mine build in Newfoundland

September 01, 2022 / www.northernminer.com

Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company's board approved construction."The company's decision to proceed with construction of the Valentine Gold project considers the impact of almost two years of market inflation on the project's costs, as well as a necessarily cautious approach to project management, contin...Read More

Turquoise Hill agrees to beefed up US$3.3B offer from Rio Tinto

September 01, 2022 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian miner it doesn't already own for US$3.3 billion.The move would grant the global miner direct ownership of the giant Oyu Tolgoi copper-gold mine in Mongolia, located 550 km south of the capital Ulaanbaatar. It also brings the six-month takeover battle to an end,...Read More

Colombia government favours project participation

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"No one is against the companies, but we are looking for distinct economic models.Read More

Primitive vegetation played key role in composition of earth's continental rocks

September 01, 2022 / www.northernminer.com

An international team of researchers has pinpointed a dramatic shift in the composition of rocks making up earth's continents that was driven by the primitive vegetation trapping mud on land, stopping it from washing down rivers and out into the sea.The discovery was made by linking the fossil record of plants with archives of environmental change, and with records of the chemical composition of t...Read More

Orea secures 100% of French gold deposit, shares up 54%

August 31, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Orea Mining Corp. [OREA-TSX, OREAF-OTCQX, 3CG-FRA] shares rose sharply Wednesday after the company said it has secured a 100% interest in the Montagne d'Or gold deposit in French Guiana by acquiring the 55.01% interest held by United Kingdom-based Nord Gold SE [NORD-LSE].Montagne d'Or is a permitting-stage open pit gold mining project that hosts proven reserves of 8...Read More

Brixton Metals drills 0.63 g/t gold over 146 metres at Thorn, British Columbia

August 31, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Brixton Metals Corp. [BBB-TSXV; BBBXF-OTCQB] reported further drill results from its 2022 drill program at the wholly owned Thorn project, located in the Golden Triangle trend of northwestern British Columbia. The project is located within the Taku River Tlingit's and Tahltan First Nation's traditional territory.Further drilling at the Trapper Target has yielded num...Read More

Tesoro's Ternera continues to show promise

August 31, 2022 / www.mining-journal.com

The company said both holes reported were drilled to test and confirm the down plunge continuity of gold mineralisation within the main intrusive body hosting gold mineralisation at Ternera.Read More

CRD discovery could see i-80 Gold produce base metals...

August 31, 2022 / www.mining-journal.com

Sky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedInvestor Insight: InterGroup MiningSPONSOREDintergroup miningAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe results came from the Hilltop target and included 515.3g/t silver, 28.9% lead, 10.5% zinc, and 0.9g/t gold over 28.3 metr...Read More

Cerro Las Minitas gets after-tax NPV5% of $349M

August 31, 2022 / www.mining-journal.com

Sky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedInvestor Insight: InterGroup MiningSPONSOREDintergroup miningAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe base case PEA uses $21.95/oz Ag, $3.78/lb Cu, $0.94/lb, and $1.33/lb Zn."Total acquisition, exploration and development c...Read More

Santacruz Silver to focus on improving costs, production...

August 31, 2022 / www.mining-journal.com

Emerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto minerals"Our second quarter financial results include the first full quarter of contributions from our Bolivian operations," company...Read More

Steppe Gold sees power supply cutting Mongolia cash...

August 31, 2022 / www.mining-journal.com

Connecting the mine to the state grid power system and reducing its reliance on diesel generators for power will dramatically reduce projected energy costs by 75%, or from approximately $32 million toRead More

De Beers' Cycle 7 Sale up to $630m

August 31, 2022 / www.idexonline.com

(IDEX Online) - De Beers today reported a robust performance at cycle 7, with sales (provisional) of $630m, up more than 21 per cent year-on-year.Actual sales at sight 6, announced at the end of July, were $638m, up 23 per cent on the same period in 2021.Bruce Cleaver, CEO, De Beers Group, said: "Rough diamond sales continued at a steady level in the seventh sales cycle of 2022."In line with norma...Read More

Rosario Dawson and Ashley Graham Promote Pandora Lab Growns

August 31, 2022 / www.idexonline.com

(IDEX Online) - Pandora is urging women to buy their own lab grown diamonds, in a campaign fronted by "champions of self-empowerment" - Rosario Dawson and Ashley Graham.The Danish jeweler has ditched all mined diamonds and pledged to use only recycled silver and gold.Dawson, 43, (pictured) the US actress best known for the Sin City movies, and Ashley Graham, 34, the US supermodel, entrepreneur and...Read More

The Stock Market's Worst Month

August 31, 2022 / dailyreckoning.com

The canine days of August are clearing out, beach sand through the hourglass. Tomorrow the calendar furls to September.Many consider September a snoozing month of market peace before dreaded October.They will remind you that the market's most violent cataclysms - the Panic of 1907, the Crash of 1929, “Black Monday” 1987 - all came barreling through in October.October’s reputation...Read More

Quebec-focused Patriot Battery Metals rides high on best lithium hit to date

August 31, 2022 / www.northernminer.com

The Toronto-quoted equity of Patriot Battery Metals (TSXV: PMET; OTCQB: PMETF) jumped to a fresh 12-month high on Aug. 31 following the release of the company's best lithium drill intercept to date on its Quebec-based Corvette property.The Vancouver-domiciled company released the results of six holes as part of the summer phase of the 2022 drill program on the prospective wholly owned property in...Read More

Ford asks US government to speed up mining permits

August 31, 2022 / www.northernminer.com

U.S. carmaker Ford Motor Co. (NYSE: F) is asking the Biden administration to speed up the permitting process for mining projects, particularly those targeting critical metals such as lithium, cobalt, nickel and graphite.In a letter to the Department of the Interior on Tuesday, the auto maker said the current "lengthy, costly and inefficient permitting process" makes it difficult for American busin...Read More

Quebec Nickel drills greater than 1% nickel at Ducros project

August 31, 2022 / www.northernminer.com

Ultramafic rocks mineralized with nickel, copper and platinum group elements that were discovered at surface and drilled in the mid-2000s are now getting a more fulsome examination in a 20,000-metre drill program by Quebec Nickel (CSE: QNI; US-OTC: QNICF). New assay results from the Fortin Sill Zone at the junior's 100%-owned Ducros project in Quebec, 80 km northeast of Val-d'Or, returned 35.6 m...Read More

Europe's coal conundrum

August 31, 2022 / www.northernminer.com

As industries and nations fret about getting the raw materials needed to power the energy transition, coal is also seeing a stunning rise. In September 2021, the price of ICE Newcastle coal was around US$120 per tonne. In March, after Russia's invasion of Ukraine it spiked to nearly US$380 per tonne. At press time at the end of August - shortly after a European Union embargo against Russian coal c...Read More

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