News and Reports

US Watch and Jewelry Sales Growth Hits Two-Year Low

August 09, 2022 / www.idexonline.com

(IDEX Online) - The growth in US sales of jewelry and watches in June dropped to its lowest level in two years, barely above zero at 0.8 per cent (and too small to register on the graph below).Think back just over a year to April 2021, when year-on-year growth was an unprecedented 218 per cent. And to the previous April when it was minus 54 per cent.June 2022 was the month when the US annual infla...Read More

Transition backed by alliance with EV Metals Groupzenith minerals limited

August 09, 2022 / www.mining-journal.com

Executive chairman David Ledger provides an update on Zenith Minerals' transition to focus on its lithium assets in Western Australia and the demerger of its non-battery minerals projects.Read More

Taseko Mines hit by lower grade at Canadian Gibraltar

August 09, 2022 / www.mining-journal.com

The firm's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) slumped to C$1.684 million in the second quarter from $47.Read More

Hudbay Minerals beats on "impressive" costs

August 09, 2022 / www.mining-journal.com

This improvement in costs was a result of higher zinc and gold by-product credits and higher copper production, the firm said.Read More

Resource and grade growth bodes well for Osino's Twin Hills prefeasibility

August 09, 2022 / www.northernminer.com

Osino Resources (TSXV: OSI; US-OTC: OSIIF) has released an updated resource estimate for the Twin Hills gold discovery in Namibia, which could add more ounces to the company's impending prefeasibility study expected out by September.The new resource (at a 0.5 grams gold per tonne cut-off) holds 2.75 million troy oz. in the measured and indicated categories grading 1.13 grams per tonne in 6.7 milli...Read More

Can Alberta's petrobrines help meet the 'huge demand' for lithium?

August 09, 2022 / www.northernminer.com

Calgary-based E3 Lithium (TSXV: ETL; US-OTC: EEMMF) recently announced the successful manufacture of a small batch of sorbent, a critical chemical component of its plan to produce battery-grade lithium products at its Clearwater project from brines in the historic Leduc Formation in Alberta.The company, which has developed direct lithium extraction technology as capable of generating more than 90%...Read More

Denison makes improved offer in attempt to hijack Uranium Energy's UEX bid

August 09, 2022 / www.northernminer.com

Denison Mines (TSX: DML) has made an improved offer to acquire UEX Corp. (TSX: UEX) after seeing its U.S.-based rival Uranium Energy Corp. (UEC) trump its original bid earlier this week. The new proposal would see UEX shareholders receive 0.32 of a Denison share for UEX share held, representing an implied purchase price of $0.51 per UEX share on a spot basis.Denison said this offer represents...Read More

The Northern Miner Podcast - episode 303: 'Gold target for two years out for $5000', ft Gareth Soloway on currencies, commodities and mining stocks

August 09, 2022 / www.northernminer.com

This week's episode features InTheMoneyStocks.com chief market strategist Gareth Soloway in conversation with host Adrian Pocobelli on recent developments in financial markets. Gareth explains the background of his investment style, while giving his view on the stock market, bonds, currencies, industrial metals, and his $5000 outlook on gold.All this and more with host Adrian Pocobelli.Music Credi...Read More

Foran Mining lines up $200M for McIlvenna Bay copper project

August 09, 2022 / www.northernminer.com

Foran Mining (TSX.V: FOM; OTCQX: FMCXF) has inked a preliminary deal for a $200-million investment by the Ontario Teachers' Pension Plan Board, for the company's McIlvenna Bay copper project in Saskatchewan.The agreement locks the parties into an exclusivity period deal, with the goal of signing a definitive agreement in the third quarter.The proceeds of the proposed $180-million convertible secur...Read More

Lower grades at Gibraltar mine dent Taseko Mines results

August 09, 2022 / www.northernminer.com

Canada's Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) saw its finances shaken in the second quarter of the year due to lower mined grades at its 75%-owned Gibraltar open pit copper mine in British Columbia.The company posted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.7 million for the three months ended June 30, a 96% drop when compared to the almost...Read More

This Shadowy AI Network Controls 40% of Humanity's Wealth

August 09, 2022 / www.outsiderclub.com

The reins of global wealth management haven't been in human hands for years now. The vast majority of all trades today are executed by advanced computer programs. Artificial intelligence (AI) has been quietly shaping the world's economy for much longer than most of us realize. And just like a sci-fi movie, the bad guys have the most advanced weapons. BlackRock, the world's largest asset man...Read More

South Harz highlights potential of German potash project

August 08, 2022 / www.mining-journal.com

This morning's study has outlined a US$620 million underground development with "technical and financial robustness" that will feed into the PFS that's due late in 2023.Read More

South Harz highlights potential of German potash project...

August 08, 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 mineralsThis morning's study has outlined a US$620 million underground development with "technical and financial robustness" that wil...Read More

Solid Q2 for Capstone, costs to ease

August 08, 2022 / www.mining-journal.com

In light of the recent drop in copper prices, the company said it has reduced its capital guidance by $40 million, mainly at Santo Domingo in Chile and Pinto Valley in Arizona, USA, initiatedRead More

BHP in $5.8B offer for OZ

August 08, 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 mineralsOZ has mines in South Australia and Brazil and expects to produce 120,000-135,000 tonnes of copper and 208,000-230,000 ounces...Read More

Nutrien gives Seitz top job

August 08, 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 mineralsSeitz has served as interim chief executive since January this year and has overseen a surge in fertilizer demand and prices...Read More

Rare earths could be affected by Taiwan tension

August 08, 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 minerals  An embargo on rare earth exports, which are essential in some high-tech applications and defence equipment, was last u...Read More

Tanzania Eyes Deal with Dubai Diamond Exchange

August 08, 2022 / www.idexonline.com

(IDEX Online) - Tanzania is reportedly looking to sell its rough through the Dubai Diamond Exchange (DDE).Minerals minister Dotto Biteko said the country needs to seek more lucrative markets for the estimated 500,000 carats it produces annually, according to The Citizen newspaper.He was speaking ahead of a meeting of the 18-member African Diamond Producers' Association, of which Tanzania is t...Read More

Gang Flee with $2m Diamonds in 30-second Raid

August 08, 2022 / www.idexonline.com

(IDEX Online) - A gang ran off with high-end diamond jewelry after a 30-second smash and grab at a store in the Bronx, New York.A "customer" who was buzzed into Rocco's Jewelry on Friday afternoon ushered in three accomplices who smashed glass display cabinets with hammers and emptied trays of merchandise."Once inside the store, the three individuals used a hammer to smash open the display ca...Read More

Gustavo Petro sworn in as Colombia's president

August 08, 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 mineralsPetro wants Colombia to produce energy transition minerals such as lithium [even though the country has no lithium deposits],...Read More

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