News and Reports

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

August 10, 2022 / dlvr.it

JOHANNESBURG (AP) - South African prosecutors have charged seven self-employed miners...Read full newsRead More

Victoria Gold takes Yukon Water Board to court over $74M increase to mine security

August 10, 2022 / dlvr.it

Water board ordered company to post $104.9M in security after review, up from $30.7MThe Victoria Gold Corp. is taking the Yukon Water Board to court over an order for the company to pay an additional $74 million in security for its Eagle Gold mine, on top of the approximately $30.7 million the comRead full newsRead More

Toronto Stocks Rise; Centerra Gold Falls On Slashed Production Outlook

August 10, 2022 / dlvr.it

By Kathryn Hardison Stocks in Canada were higher in midday trading Wednesday. Canadian base metals, health care and information technology sectors led the...Read full newsRead More

Hochschild Mining granted environmental permit for Brazil gold project

August 10, 2022 / dlvr.it

The Mara Rosa gold mine, in Brazil's central state of Go?-as, is expected to begin production in the first half of 2024.Read full newsRead More

Hochschild Obtains Environmental Permit for Gold Mine in Brazil

August 10, 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 10, 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 10, 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

Denison, UEC bidding war for UEX heats up

August 10, 2022 / www.mining-journal.com

It had looked like shareholders would vote through a UEC bid on 9 August, but the vote was postponed following a last-minute superior proposal from Denison.Read More

US in $675 million critical materials supply chain move

August 10, 2022 / www.mining-journal.com

The program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadvantage and an impediment to the clean energy transition, the departmentRead More

Centerra lowers 2022 gold production target

August 10, 2022 / www.canadianinvestor.com

Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CAGDF-OTC] on Wednesday reported a second quarter net loss of US$2.6 million ($0.01 per share) and sharply reduced gold production guidance for 2022.As a result of the suspension of certain activities at the Oksut Mine (Turkey) together with the continuing impact of declining copper prices at the Mount Milligan mine (British Columbia), the co...Read More

Pure Gold updates resource

August 10, 2022 / www.mining-journal.com

This resource will form the basis of a new prefeasibility study and updated life of mine plan, which is expected to be released in the December quarter.Read More

London's Alkemy plans Pilbara lithium plant

August 10, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsAtherley, whose been involved with the mining sector for decades, most recently as former CEO of uranium hopeful Berkley Ener...Read More

Triple Flag sees funding opportunities for royalty...

August 10, 2022 / www.mining-journal.com

Higher global interest rates and the most difficult capital markets since the 2008-2009 financial crisis have made capital raising for many mining firms with development projects challenging and thisRead More

Earnings slump as Endeavour holds onto its silver

August 10, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe company's adjusted net earnings of US$2.4 million in Q2 last year slumped some 280% to a loss of $4.3 million in the quar...Read More

US in $675 million critical materials supply chain...

August 10, 2022 / www.mining-journal.com

Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsThe program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadv...Read More

State Bank of India Will Lend to Lab Grown Factories

August 10, 2022 / www.idexonline.com

(IDEX Online) - The State Bank of India (SBI) is to start lending to manufacturers of lab grown diamonds.The move, by the country's largest private lender, is widely seen as boost to an emerging sector. India produces 15 per cent of the world's lab growns, but has been calling on the government to invest and help it grow into $5.1bn-a-year industry.The government-owned SBI has formalized...Read More

India's Pearl Imports 10 Times Higher Than Global Production

August 10, 2022 / www.idexonline.com

(IDEX Online) - India's gem and jewelry trade faces a major "round tripping" probe after it emerged that documented imports of pearls exceeded global production by as much as 10 times.The Comptroller and Auditor General of India (CAG) suspects fraud on a massive scale.It reports evidence of round tripping, when companies sell and buy back the same assets in to artificially increase their...Read More

Osisko Gold Royalties weighed down by mine costs

August 10, 2022 / www.mining-journal.com

Osisko Gold Royalties posted higher second-quarter adjusted earnings from its royalty and stream segment of C$25.7 million or $0.14 per basic share versus $23.9 million and $0.Read More

Pure Gold cuts Red Lake resource base by 20%

August 10, 2022 / www.northernminer.com

Pure Gold Mining (TSXV: PGM) has released an updated mineral resource estimate for its namesake operation in Ontario's Red Lake gold camp, reporting 20% fewer ounces in the resource categories.A new technical report completed by SRK sees the mine's global resource base falling to 2 million oz. from 2.5 million oz. and the average grade reduced to 7.2 grams gold per tonne from 8.7 grams per tonne.T...Read More

St Barbara staves off Touquoy suspension with tailings dam raise approval

August 10, 2022 / www.northernminer.com

St Barbara (ASX: SBM) has released its fiscal 2023 guidance after receiving approval of a tailings raise for its Touquoy gold mine in Nova Scotia. The Australian miner's consolidated gold production is now expected to total between 280,000 and 315,000 oz. at an all-in sustaining cost (AISC) of US$2,050 to US$2,150 per oz.The company's guidance was previously in question as it awaited provincial go...Read More

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