News and Reports

Lumina Gold grows its Cangrejos project in Ecuador

August 18, 2022 / www.northernminer.com

Lumina Gold (TSX-V: LUM) has concluded its drilling program at the Cangrejos gold-copper project in Ecuador, delivering what are likely the penultimate batch of results before the conclusion on a pre-feasibility study, expected mid-2022. The Vancouver-based company said resource estimate work has now started following the completion of drilling at both Gran Bestia and Cangrejos, one of the world'...Read More

Teck CEO meets with Chile's President Boric to discuss investments, royalties

August 18, 2022 / www.northernminer.com

Chile's President Gabriel Boric and the chief executive of Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Don Lindsay, met in the capital Santiago to discuss the Canadian miner's projects in the country, including its biggest ever: the Quebrada Blanca phase 2 (QB2) expansion.The US$5.2 billion QB2 expansion project has the objective of extending the open pit mine's life by 28 years, boosting...Read More

Constitution vote may sway Chile mining tax reform...

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

Following a call with Chilean mining taxes with mining and tax lawyers Marco Zavala and Alejandro Chechilnitzky from Guerrero Olivos, "a less onerous increase to the royalty rate, perhaps with theRead More

We, the Deep State

August 18, 2022 / dailyreckoning.com

To be governed - observed 19th-century philosopher Pierre-Joseph Proudhon - is to be:Watched, inspected, spied upon, directed, law-driven, numbered, regulated, enrolled, indoctrinated, preached at, controlled, checked, estimated, valued, censured, commanded... registered, counted, taxed, stamped, measured, numbered, assessed, licensed, authorized, admonished, prevented, forbidden, reformed, correc...Read More

TomaGold reports strong geophysical anomalies on the southern portion of Obalski

August 17, 2022 / bit.ly

Company starts 3,000-metre drilling program to test the new anomalies CEO Interview today at 9:00 AM ET:Update on ObalskiTomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) (Read full newsRead More

New forces join old dynamics in China's bulks market

August 17, 2022 / www.mining-journal.com

Seasonality is looming for China's bauxite and iron ore markets, as changes in weather at home and abroad will affect the domestic market for both bulks in coming months.Read More

NorthWest continues chalcocite breccia hits at Kwanika...

August 17, 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 metalsDrilling highlights included 109.05m grading 0.89% copper equivalent including 1.45m grading 14.52% copper equivalent, with the hole containing intervals of chalcocite...Read More

Calibre expanding Pan resources

August 17, 2022 / www.mining-journal.com

Highlights included 18.3m grading 3.35 grams per tonne at the Black Stallion target, 47.2m grading 0.8g/t at the Pegasus target, 10.7m grading 1.06g/t at the Palomino target, 22.9m grading 0.Read More

Colombia gold sector pushes back on export tax

August 17, 2022 / www.mining-journal.com

The government is seeking to impose a 10% export tax on gold above a reference value of US$400 per ounce.Read More

Legendary Cartier Cheich Could Sell for $400,000

August 17, 2022 / www.idexonline.com

(IDEX Online) - A legendary Cartier watch - one of only four ever made - could fetch $400,000 when it is auctioned at Sotheby's Paris next month.It was presented to Belgian motocross driver Gaston Rahier for a unique achievement, winning his class of the grueling Paris-Dakar Rally across the Sahara Desert in both 1984 and 1985.The Cartier Cheich (pictured) has a dial framed by a gol...Read More

Love Podcasts Promote Natural Diamonds in India

August 17, 2022 / www.idexonline.com

(IDEX Online) - The Natural Diamond Council (NDC) is promoting mined gems with 12 love-story podcasts in India.Pyaar Actually - Love Stories like No Other are narrated by TV and stage stars Shriya Pilgaonkar, Aahana Kumra and Akshay Oberoi, drawing on parallels between natural diamonds and real-life loving relationships.Richa Singh, managing director of the Natural Diamond Council in India an...Read More

Star Diamond reports $1.5m Loss Ahead of Care and Maintenance

August 17, 2022 / www.idexonline.com

(IDEX Online) - Canadian miner Star Diamond has announced a first-half net loss, up to 30 June, of $1.5m, down from $3.1m for the same period in 2021.It blamed ongoing operating costs and the fact that exploration and evaluation expenditures had exceeded interest and other income earned. Star Diamonds joint venture partner Rio Tinto Canada, which holds a 75 per cent stake in the Fort ?? la...Read More

NorthWest Copper's Kwanika high-grade core shows more promise

August 17, 2022 / www.northernminer.com

The results from a second set of assays from NorthWest Copper's (TSXV: NWST; US-OTCQX: NWCCF) ongoing 2022 Kwanika drill program in north-central British Columbia highlights the discovery of additional very high-grade copper and gold mineralization within a previously undrilled shallow area of the deposit.The company reported on Wednesday it had intersected several near-surface intervals of 'chalc...Read More

Metal Energy gains 70% interest in Manibridge nickel project in Manitoba

August 17, 2022 / www.northernminer.com

Metal Energy (TSXV: MERG) has officially acquired a 70% interest in the Manibridge nickel-copper project in Manitoba. The company expects to continue exploration on the property and shortly complete the milestones required for 100% ownership.As part of the Manibridge earn-in agreement, Metal Energy has issued a total of 5 million common shares to the optioner of the project, CanAlaska Uranium (TSX...Read More

Avalon begins works for demo plant at Separation Rapids lithium project

August 17, 2022 / www.northernminer.com

Avalon Advanced Materials (TSX: AVL; OTC: AVLNF) has started road work and site preparations for the installation and commissioning of its demonstration dense media separation (DMS) plant for the Separation Rapids lithium project located 70 km north of Kenora, Ont.The work is happening at the Avalon quarry site along the Avalon road leading to the Separation Rapids project. The quarry is a permitt...Read More

Frontier Lithium advances PAK project towards year-end prefeasibility

August 17, 2022 / www.northernminer.com

Frontier Lithium (TSXV: FL; US-OTC: LITOF) continues to cut long intervals of high-grade lithium in infill drilling on the Spark pegmatite at its PAK project near Red Lake, in northern Ontario. The current drill campaign is focused on upgrading inferred open-pittable resources at Spark as the company works towards a prefeasibility study later this year. Highlights from the latest four holes repo...Read More

Canada Nickel confirms second notable discovery at new property in Ontario

August 17, 2022 / www.northernminer.com

Canada Nickel Co. (TSXV: CNC; OTC: CNIKF) has confirmed a second significant discovery through new assay results from its Deloro property in Ontario, acquired by the miner less than one year ago.Deloro is located 9 km southeast of Timmins and contains an ultramafic target that measures 1.4 km north-south by 450 metres east-west based on the total magnetic intensity (TMI). Ultramafic lithologies an...Read More

MIT Says THIS Metal Will Outperform Them All

August 17, 2022 / www.outsiderclub.com

In 2018, a study completed by a research group at MIT ranked various metals and minerals that were expected to be most positively affected by new technologies in the future.At the top of that list were the usual suspects: lithium and cobalt. That's because both of these metals play a critical role in EV and other green energy technologies, which will be vital to combating climate change going forw...Read More

The Grim Mathematics of Debt

August 17, 2022 / dailyreckoning.com

But whence will growth originate?Since the Great Financial Crisis the monetary and fiscal authorities have conjured over $43 trillion from the great void of nothingness.Within the past 24 months alone, the Federal Reserve has plucked - from the same vast void - 50% more dollars than all dollars that ever existed in 256 previous years of American history.Each of these dollars are representations of...Read More

Zijin's profits surge as projects complete

August 16, 2022 / www.mining-journal.com

With all projects meeting their schedules, Zijin reported production for the six-month period of 410,000 tonnes copper and 27 tonnes gold, which are up 70% and 23% year on year, respectively.Zijin chairman Chen Jinghe said the company intends to continue to add assets to its global mix."As the world races towards a ‘net-zero' transition, we have also allocated resources globally to increase...Read More

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