News and Reports

BHP to speed up US$5.7B Jansen potash mine

July 19, 2022 / www.northernminer.com

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is seeking to accelerate construction at its US$5.7-billion Jansen potash project in Saskatchewan as high gas prices and sanctions on key exporters continue to disrupt global supplies of fertilizers.The world's largest miner had originally planned to kick off production at Jansen in 2027. Markets conditions, however, have prompted it to attempt bringing forward...Read More

Higher copper prices needed to incentivize new production, says Stifel exec

July 19, 2022 / www.northernminer.com

The current and consensus forecast copper price levels are insufficient to incentivize the new supply that will be needed as the world moves to a fully electrified economy, a senior Stifel GMB analyst tells The Northern Miner.According to Egizio Bianchini, vice-chairman and Stifel's head of metals and mining investment banking, the copper industry's average price and company valuation multiples bo...Read More

Goldsource running Eagle Mountain PFS trade-offs

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

The company released an updated resource estimate in June which included the 17,000m of infill drilling undertaken in 2021 and which boosted the indicated resource by 40% to 1.Read More

Power Nickel issues maiden Nisk nickel resource

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

The open pit and underground resource totals 2.6 million tonnes grading 0.72% nickel, 0.42% copper with cobalt, platinum, gold and silver for a 1.Read More

This Tragedy Was Entirely Avoidable

July 19, 2022 / dailyreckoning.com

The war in Ukraine will have huge ramifications for the international system in the coming years. Many will prove negative for the U.S. as sanctions backfire and the world moves more rapidly toward dollar alternatives.Unfortunately, the war in Ukraine was totally avoidable. Had the U.S. pursued closer ties with Russia years ago, rather than antagonizing it and driving it into a deeper alliance wit...Read More

Europe Is Sold out of EVs Until 2023

July 19, 2022 / www.outsiderclub.com

Volkswagen, the world's second-largest plug-in EV manufacturer, just announced something alarming: Any new orders for plug-in vehicles won't be fulfilled until sometime next year.That's some pretty terrifying news. It shows that ongoing supply chain disruptions are starting to choke some of the industry's recent growth. Critical metals like lithium, nickel, and cobalt are becoming harder and hard...Read More

RT @stockhouse: Has Silvercorp investee, New Pacific Metals, made its second transformative discovery?

July 18, 2022 / ow.ly

By Tom Azzopardi Silvercorp Metals Inc. (TSX:SVM) consistently appears as one of...Read full newsRead More

FPX begins stepout drilling program at new Van discovery in Decar #Nickel District

July 18, 2022 / fpxnickel.com

Vancouver, July 18, 2022 - FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that the Van Target ("Van") step-out drilling program has started at the Company's Decar Nickel District ("Decar") in central British Columbia. This year's drilling is focused on expansion of mineralization at Van, where an initial [...]Read full newsRead More

Empress Royalty Receives First Silver from Tahuehueto Mine

July 18, 2022 / bit.ly

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (Read full newsRead More

Bravo ready to IPO on Luanga PGM project

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

The funds will be used to explore the Luanga platinum group metals, gold and nickel project in the Carajas mining district in Para, Brazil, and to make payments under the optionRead More

First Mining consolidating Duparquet

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

Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesBeattie owns the mineral rights to mining claims that make up the former Beattie mining conces...Read More

Bravo ready to IPO on Luanga PGM project

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

Look beyond market approach to project valuations: van ZylLeadershipAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesThe funds will be used to explore the Luanga platinum group metals, gold and nickel p...Read More

JP Morgan cuts First Quantum Q2 estimates

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

JP Morgan sits 3% below market consensus of the firm's forecast second quarter results which First Quantum will release on July 27 after the close of trading on the Toronto Stock Exchange.Read More

BHP warns Chile on tax plans

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

"We have serious concerns with regards to the new royalties," BHP said in a statement. "If the proposed royalty (hike) materializes, we would have to re-evaluate our investment plans for Chile.Read More

Australia turns the tables on China in coal spat

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

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsIn the latest twist to the global energy crisis there has been a dawning in China that it made...Read More

Diamcor Achieves $246 per Carat Amid 'Strong Demand'

July 18, 2022 / www.idexonline.com

(IDEX Online) - Canadian junior miner  Diamcor achieved an average of US$246.62 per carat at its rough tender from the Krone-Endora at Venetia Project, in South Africa.That's down over a fifth on the $330 per carat it achieved in February, when it sold 3,063 carats for $1,010,406.It sold a total of 1,939.81 carats sold earlier this month, generating gross revenues of USD $478,3...Read More

Police in Israel Open Probe on 'Tindler Swindler'

July 18, 2022 / www.idexonline.com

(IDEX Online) - A criminal investigation has reportedly been opened in Israel against "Tinder Swindler" Shimon Hayut, following a complaint from the Leviev family, owners of Leviev Diamonds.It follows Netflix's true-crime documentary which told how Hayut, 31, seduced numerous women over the Tinder dating app with his jet set lifestyle, then persuaded them to hand over money with claims that h...Read More

Peru protests pain becomes clearer

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

Protests by the Fuerabamba and Huancuire communities at Las Bamas started in mid-April this year and continued until June when the firm signed a 30-day truce with protestors that allowed mineRead More

Anglesey hopeful of resource upgrade

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

"The intention of this programme was to increase the amount of resources in the Indicated category for the White Rock deposit, which stood at 4.7 million tonnes, or 79% prior to commencing the drilling," Anglesey's CEO Jo Battershill said.The company listed the following intersections:9.0 metres at 4.9% Zn, 3.1% Pb, 0.2% Cu, 24g/t Ag & 0.3g/t Au (WD-20 from 133.5 metres) including 6.0 metres a...Read More

IsoEnergy reports 44M lb. U3O8 initial resource for Hurricane deposit

July 18, 2022 / www.northernminer.com

IsoEnergy (TSXV: ISO; OTC: ISENF) has announced an initial mineral resource estimate for the Hurricane uranium deposit, part of its 100% owned Larocque East project in the eastern Athabasca Basin of Saskatchewan. The resource estimate was conducted by SLR Consulting, using assays from 52 diamond drill holes totaling 20,387 metres and 785 samples.Indicated mineral resources totalled 48.61 milli...Read More

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