News and Reports

The Biggest and Most Profitable Myth About Gold

July 08, 2022 / www.outsiderclub.com

Here's a fun fact about me...I'm a real history buff. I love history. Always have. Always will. I've read thousand-page books on the Ottoman Empire. I've spent way more time than I should have researching World War I. And just last week, my father-in-law walked in on me watching a PBS special about the ancient civilizations of Mesopotamia. There are more embarrassing things for a person to admi...Read More

Solaris rallies on Ecuador exploration update

July 07, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Solaris Resources Inc. [SLS-TSXV, SLSSF-OTCQB] shares rallied Thursday after the company released an exploration update that included reports of new regional targets in the vicinity of its Warintza copper project in southeastern Ecuador.The company said it has identified three new copper-molybdenum porphyry targets, five new skarn/carbonate replacement targets and a h...Read More

Ecuador peace seen as supportive of Solaris

July 07, 2022 / www.mining-journal.com

Ecuador is slowly recovering from more than two weeks of popular and deadly protests over rising prices.  Read More

Canada's Taseko collars copper price at $3.75-$4.72/lb...

July 07, 2022 / www.mining-journal.com

This collar was purchased in mid-June when the price of copper was approximately US$4.20 per pound, the firm said.Read More

Brazil simplifies rules on lithium exports

July 07, 2022 / www.mining-journal.com

Legislation signed by Brazilian President Jair Bolsonaro and published in the Diario Oficial da Uniao on July 6 removes the need for lithium exporters to obtain a permit from the National CommissionRead More

Peru sees higher mining investment

July 07, 2022 / www.mining-journal.com

Investments in the month of May totalled $443 million, 14% higher than the $389 million in the same month a year earlier.Read More

CEOs no guide to future outcomes

July 07, 2022 / www.mining-journal.com

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesEvery day, on business news channels like CNBC and Bloomberg, reporters are asking company chief executives for insights about the direction of the eco...Read More

Fancy Yellow Diamonds Found at Ellendale, Australia

July 07, 2022 / www.idexonline.com

(IDEX Online) - Fancy yellow diamonds have been discovered at the Ellendale mine, in Australia.Production ceased in 2015 when previous owner Kimberley Diamond Company went into liquidation, but India Bore Diamond Holdings (IBDH) and Burgundy Diamond Mines, both based in Australia, now have tenements there.IDBH said gravel from two separate layers of diamondiferous deposits had yielded a range of g...Read More

Petra's Fortunes Reversed as Rough Prices Rise

July 07, 2022 / www.idexonline.com

(IDEX Online) - Petra Diamonds saw its fortunes reversed at its June tender as rough prices rose by 7.7 per cent.In May the UK-based miner reported like-for-like rough diamond prices down by 23.7 per cent. It blamed "ongoing uncertainty around the impact of the conflict in Ukraine".The company sold 569,496 carats at its June tender, raising a total of $93m. At the May tender it sold more - 635,806...Read More

Nexa Resources ramps up in Brazil

July 07, 2022 / www.mining-journal.com

Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesRamp-up activities are currently focused on steadily increasing the plant throughput rate with commercial production expected to start by the fourth qu...Read More

The Dollar Is a Victim of Its Own Success

July 07, 2022 / dailyreckoning.com

America's most powerful weapon of war does not shoot, fly or explode. It's not a submarine, plane, tank or laser. America's most powerful strategic weapon today is the dollar. The U.S. uses the dollar strategically to reward friends and punish enemies.The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. The doll...Read More

"The Writing Is on the Wall"

July 07, 2022 / dailyreckoning.com

"The writing is on the wall."This is the studied conclusion of a certain Frank Giustra, co-chairman of the International Crisis Group.What writing - precisely - adorns the wall?The writing is on the wall that some form of change is imminent, and a global monetary system reset may already be underway... the U.S. dollar feels like a lame-duck currency. It still rules, but the world is clearly jockey...Read More

Labrador Gold's shares gain on best grades cut at Kingsway to date

July 07, 2022 / www.northernminer.com

The Toronto-quoted equity of Labrador Gold (TSXV: LAB; US-OTCQX: NKOSF) closed 4% higher on Thursday after reporting the highest-grade intercepts to date from the flagship Kingsway project in Newfoundland.The company reports that hole K-22-174 intersected 284.1 grams per tonne of gold over 0.58 metres from 309.47 metres depth, and 15.05 grams per tonne over 1.11 metres from 310.71 metres depth.The...Read More

Canada's Top Ten precious metals juniors

July 07, 2022 / www.northernminer.com

The following companies are the Top Ten Canadian-headquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market capitalization as of June 7 and compiled by Mining Intelligence. Royalty and streaming companies are not included in this list.1 NovaGold ResourcesMarket Cap: $2.1 billionEmployees at Novagold Resources and Barrick Gold's Donli...Read More

Asante pours first gold at Bibiani mine in Ghana

July 07, 2022 / www.northernminer.com

Asante Gold (TSXV: ASE) has poured first gold at its Bibiani gold mine in Ghana.The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months.The news follows the commissioning of the processing plant and associated equipment at the mine in early June.The Vancouver-based company said this was the final operating area of the process plant to be commissioned, adding...Read More

Moneta drills bonanza intercept at Tower project in Ontario

July 07, 2022 / www.northernminer.com

Moneta Gold (TSX: ME; US-OTC: MEAUF) has delivered new assay results from 12 drill holes totalling 6,266 metres. These were completed during exploration drilling on new targets at its Tower gold project, located 100 km east of Timmins, Ont.Highlight of the batch was drill hole MGA21-012, which intersected 5.1 metres at a bonanza grade of 50.09 grams gold per tonne, including 1.0 metre at 251.0 gra...Read More

China's Tianqi Lithium lists on Hong Kong stock market

July 07, 2022 / www.northernminer.com

Shenzhen-listed Tianqi Lithium has raised about HK$13.5 billion (US$1.71) billion in a secondary listing on the Hong Kong Stock Exchange, according to the Financial Times.The British daily newspaper reported that South Korea's LG Chem, a diversified chemical company, was a "cornerstone" investor in the IPO, which saw Tianqi sell about 164 million shares at about HK$82 ($10.45) apiece.The share sal...Read More

Solaris Resources rises on new targets near Warintza in Ecuador

July 07, 2022 / www.northernminer.com

Shares of Solaris Resources (TSX: SLS; US-OTC: SLSSF) rose 10% in Thursday morning trading after the company reported identifying three new copper-molybdenum porphyry targets, five skarn targets s and a high-sulphidation epithermal gold target near its Warintza project in southeastern Ecuador.Solaris is exploring the project with seven drill rigs in a bid to expand Warintza's mineral resource es...Read More

Centamin shares jump on potential Sukari mine extensions

July 07, 2022 / www.northernminer.com

Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.The West Africa-focused gold miner also said it had completed the first airborne geophysical survey in Egypt, which it described as a milestone for the c...Read More

Political changes boost risk for miners in Latin America

July 07, 2022 / www.northernminer.com

A rising demand to participate in the revenues from natural resources, tougher environmental protection rules and changes to laws are increasing risks for mining and energy companies across Latin America, even in countries once considered safe investment destinations, a new study shows.According to the 2022 Latin America Mining Risk Index, published by consultancy Americas Market Intelligence (AMI...Read More

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