News and Reports

Wheaton Precious cancels Glencore-Yauliyacu silver stream

August 19, 2022 / www.northernminer.com

At least one analyst has trimmed their target price forecast for Wheaton Precious Metals (TSX: WPM; NYSE: WPM) equity after the miner announced it has agreed to terminate its silver stream on Glencore's (LSE: GLEN) Yauliyacu mine in Peru.As compensation, WPM will receive an upfront cash payment of US$150 million, minus net proceeds already received from the stream in the year to date. The Yauliyac...Read More

TMX's dealLink simplifies non-brokered placements

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

dealLink aims to remove some of the barriers to the private capital raising process related to the completion of the paper forms which can be extensive, confusing and result in a high error rate of upRead More

TMX's dealLink simplifies non-brokered placements

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

Look beyond market approach to project valuations: van ZylLeadershipSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limiteddealLink aims to remove some of the barriers to the private capital raising process related to the completion of the paper f...Read More

The Solution to the Global Energy Crisis

August 19, 2022 / www.outsiderclub.com

When people talk about "supply chain" issues, it could mean any number of things.But one of the biggest, nastiest supply chain issues we're facing right now is an energy crisis that is driving up prices and eating into material production. Europe has been especially hard-hit. Scorching temperatures have resulted in droughts so catastrophic that they've damaged infrastructure and transport hubs....Read More

Prismo Metals Commences Drill Program at Palos Verdes

August 18, 2022 / bit.ly

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (Read full newsRead More

Toth promoted at Newmont

August 18, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdToth, who was previously group executive strategy and development at Rio Tinto, joined Newmont in November 2021 as executive vice presid...Read More

US rare earths hopeful in equity raising

August 18, 2022 / www.mining-journal.com

The company's major shareholder Fidelity is putting in about $1.4 million to maintain its 9.9% equity stake, with other investors undisclosed.American Rare Earth's two key projects are La Paz in Arizona and Halleck Creek in Wyoming, with the company of the belief they have the potential to be two of the largest deposits in North America.Ongoing and planned work includes permitting, drilling and me...Read More

Stratabound up 75% on California resource estimate

August 18, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Stratabound Minerals Corp. [SB-TSXV, SBMIF, OTC-Pink] shares soared in active trading Thursday after the company released an updated resource estimate for its 100%-owned Fremont Gold project in California.In early trading, the shares jumped 75% or $0.03 to $0.07 on volume of 1.23 million. The shares currently trade in a 52-week range of 13.5 cents and $0.04.The Frem...Read More

Aldebaran hits 1km of mineralisation at Altar

August 18, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe hole returned an intercept of 1,059.5m grading 0.40% copper quivalent from 228m depth including a sub interval of 50m grading 0.72%...Read More

Stratabound increases Fremont resource

August 18, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsThe company said the indicated resource increased 121% to 19 million tonnes grading 1.9 grams per tonne gold containined 1.2 million ounces while and the inferred resou...Read More

US rare earths hopeful in equity raising

August 18, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedThe company's major shareholder Fidelity is putting in about $1.4 million to maintain its 9.9% equity stake, with other investors...Read More

Superior falls on weak Q2

August 18, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe tale the Toronto-based company told when releasing its disappointing second quarter results overnight is a familiar one across the W...Read More

Uranium miner waits for higher prices

August 18, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdLotus directors want investors to think of it as an early beneficiary of a long-term recovery in uranium demand as they hint at a potent...Read More

FBI Sting on Alleged Gold Bar Fraud

August 18, 2022 / www.idexonline.com

(IDEX Online) - A man has appeared in court in the US accused of posing as a government official and persuading a woman to buy gold bars worth $330,000.Gaurang Contractor, 38, from New Jersey, is accused of attempted larceny from a person over 60.Police say he claimed to be a government official investigating an identity fraud ring and told the woman to buy the gold from a jewelry store, to "avoid...Read More

Pandora Reports Record $771m Revenue for Q2

August 18, 2022 / www.idexonline.com

(IDEX Online) - Pandora reported its "third straight quarter with record revenue," in spite of lockdowns in China and a year-on-year comparison with post-Covid stimulus checks in the US.The Danish jewelry giant said sales in the three months to 30 June were $771m, three per cent up on the same period last year.Key European markets delivered double digit organic growth vs 2021, but the US was down...Read More

Daytrip Diamond Mine Celebrates $1m Find

August 18, 2022 / www.idexonline.com

(IDEX Online) - The USA's only active diamond mine is celebrating its 50th anniversary with limited edition replicas of its most valuable find - a $1m-plus gem.The Crater of Diamonds State Park, near Murfreesboro, in Arkansas, charges day trippers $10 a day to sift the soil - and lets them keep any gems they find.In 2015, Bobbie Oskarson, from Colorado, found a rough, icicle-shaped 8.52-cts s...Read More

Copper deficit a critical destabilizing threat to international security, says S&P Global

August 18, 2022 / www.northernminer.com

Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week."Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil but may be accentuated by an even higher geographic concentration for copper resources and the do...Read More

Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global

August 18, 2022 / www.northernminer.com

Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months through June.In its quarterly 'State of the Market: Mining Q2' report released this week, senior analyst Sean DeCoff said metals and mining companies' valuations had been significantly impacted by these marke...Read More

Moneta Gold closes $15.4M bought deal to fund Tower exploration

August 18, 2022 / www.northernminer.com

Moneta Gold (TSX: ME; OTC: MEAUF) has closed its previously announced and upsized bought deal private placement for aggregate gross proceeds of $15.4 million. The offering, which was oversubscribed, consists of 6 million flow-through common shares at an issue price of $2.40 per share and 608,000 shares at $1.64 per share.The financing was led by Stifel GMP, on behalf of itself and a syndicate of u...Read More

Permitting woes have Chile's miners feeling 'under threat'

August 18, 2022 / www.northernminer.com

A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile's mining industry. First came the rejection of Anglo American's (LSE: AAL) US$3-billion expansion of its Los Bronces mine in May this year. Since then, authorities have also scrapped Rio2's (TSXV: RIO) US$200 million Fenix gold project and investments at Anglo's El Soldado operation, as wel...Read More

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