News and Reports

Argonaut's earnings fall as costs rise

August 12, 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 company's adjusted earnings per share fell to US$0.02 in Q2, which is down from $0.07 a year earlier."We were slightly ahead of our...Read More

Fortuna Silver's Q2 earnings miss estimates

August 12, 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 ltd"Our business generated healthy free cash flow of US$21.9 million in spite of declining metal prices in the quarter and the compounding...Read More

Previously guided 65,000-70,000 GEOs for this yearGold and Silver News

August 12, 2022 / www.mining-journal.com

Higher production will be supported by a gold royalty payment from the Hod Maden gold-copper mine in Turkey.Read More

Karora completes PEA for nickel resources at Beta Hunt mine

August 12, 2022 / www.northernminer.com

Karora Resources (TSX: KRR; US-OTC: KRRGF) says a preliminary economic assessment for the nickel resources at its Beta Hunt mine in Western Australia has outlined a low capex project with strong leverage to rising metal prices.The operating gold mine, 600 km from Perth, is home to a deposit that hosts both gold and nickel in adjacent discrete mineralized zones, which the company describes as a "ve...Read More

The View from England: Unsighted, so expect the unexpected

August 12, 2022 / www.northernminer.com

Only newsletter writers and commodity analysts see the future with perfect clarity, the rest of us must muddle along with probabilities and best guesses. A strategist was quoted recently in The Northern Miner as having a US$5,000 per ounce two-year outlook on gold. He might be gifted with foresight but, for mere mortals, Doris Day explained it perfectly in 1956 with what became her signature so...Read More

Global Atomic hits new milestones at Dasa project in Niger

August 12, 2022 / www.northernminer.com

Global Atomic (TSX: GLO; US-OTC: GLATF) has finalized the formation of Societe Miniere de Dasa (Somida) as its mining subsidiary for the Dasa uranium project in Niger and the government has increased its interest to 20%, which includes a 10% free carried interest and an additional 10% interest to be funded.Somida will be headed up by Moussa Souley, a Nigerian mining engineer who previously served...Read More

Stanmore Coal pays Mitsui $380M for full control of Queensland coal mines

August 12, 2022 / www.northernminer.com

Australia's Stanmore Coal (ASX: SMR) has acquired the remaining 20% stake in the South Walker Creek and Poitrel coal mines in Queensland from Japanese trading house Mitsui & Co. in a deal valued at US$380 million.The move, which seeks to complete the takeover of the metallurgical coal joint venture BHP Mitsui Coal (BMC), follows a deal inked in November with BHP to buy the mining giant's majority...Read More

Canadian miners in Mexico Snapshot: Eight companies to watch

August 12, 2022 / www.northernminer.com

With its mining friendly policies, highly prospective mineral belts, and well-developed infrastructure and regulatory regimes, Mexico is an attractive jurisdiction for mining companies of all sizes. Below are eight companies with exploration, development, and production-stage projects in the country. ALTALEY MINING Mining equipment at Altaley's Tahuehueto Gold Mine project in north-western Duran...Read More

How Would You Like to Play With These Plushies?

August 12, 2022 / www.outsiderclub.com

It's kind of embarrassing to admit, but when I was growing up, I had a small army of stuffed animals.They had cute, fun names like Pound Puppies, Popples, My Favorite Monster, and, of course, Teddy Ruxpin. Well, the children of Ukraine, if they ever get a reprieve from the ongoing war crime that is Russia's invasion, are going to grow up with an entirely different set of plushies. Ones that look...Read More

Did Lockdowns Turn Americans Into Lazy Bums?

August 12, 2022 / dailyreckoning.com

It looks as if we can add another line to the long list of lockdown harms: sloth.This explains so much actually. For months, we've been watching working/population ratios and labor participation rates and have been stunned by how they both continue to plummet.We search for explanations. Early retirement. Women driven out due to child care shortages. Unemployment payments.All these factors contribu...Read More

Gold Rush Finance Launches as a Seamless BNB Mining Platform

August 11, 2022 / dlvr.it

Hong Kong , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Gold Rush Finance an NFT Game-Fi project aimed at giving players both gaming and passive income launches as a seamless BNB mining platform. The Game-Fi industry has transitioned over the years, with most of the revolutionary changes taking place in the few months. New features have been introduced to the space making it one of the most sought-after dom...Read More

Artisanal gold mining in South Africa is out of control. Mistakes that got it here

August 11, 2022 / dlvr.it

Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More

Gold Rush Finance To Make Your BNB Mining Experience Seamless

August 11, 2022 / dlvr.it

The Game-Fi industry has transitioned over the years, with most of the revolutionary changes taking place in the few months. New features have been introduced to the space making it one of the most sought-after domains in the crypto space. The excitement of gaming coupled with the rewarding protocols has got the gaming community hooked! [...]Read full newsRead More

ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA

August 11, 2022 / dlvr.it

Vancouver, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interes...Read More

Centerra Gold shares plummet as permit issue halts production from Turkish mine

August 11, 2022 / dlvr.it

Shares fell to lowest value in over two years as miner nearly halved annual gold production guidanceRead full newsRead More

Hochschild Obtains Environmental Permit for Gold Mine in Brazil

August 11, 2022 / dlvr.it

By Jaime Llinares Taboada Hochschild Mining PLC said Wednesday that it has been granted an environmental authorization for its Mara Rosa gold project in...Read full newsRead More

In the UP, a new chapter begins in 20-year clash over gold mine

August 11, 2022 / dlvr.it

The planned Back Forty gold mine along the Menominee River has new owners who pledge to protect the environment. But opponents hardened by a long fight are skeptical of gilded promises.Read full newsRead More

Artisanal gold mining in South Africa is out of control. Mistakes that got it here

August 11, 2022 / dlvr.it

Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More

South Africa to charge 14 miners with the rapes of 8 women

August 11, 2022 / dlvr.it

JOHANNESBURG (AP) - South African prosecutors have charged seven self-employed miners with the rapes of eight women nearly two weeks ago in Krugersdorp, west of Johannesburg. Seven more men are to ...Read full newsRead More

Centerra Gold shares plummet as permit issue halts production from Turkish mine

August 11, 2022 / dlvr.it

Shares fell to lowest value in over two years as miner nearly halved annual gold production guidanceRead full newsRead More

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