News and Reports

Osisko Development posts first resource for San Antonio gold project in Mexico

June 30, 2022 / www.northernminer.com

Osisko Development (TSXV: ODV; NYSE: ODV) has provided an initial open-pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario deposits at its San Antonio project in Sonora state, Mexico.Indicated resources total 14.9 million tonnes grading 1.2 grams gold per tonne and 2.9 grams silver for 576,000 oz. of gold and 1.4 million oz. of silver. An additional 16.6 million...Read More

Rio Tinto puts Star-Orion JV with Star Diamond on hold

June 30, 2022 / www.northernminer.com

Shares of Star Diamond (TSX: DIAM) fell by more than 50% on June 29, after the company announced that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) had exercised its voting power to place the Star - Orion South Diamond project on care and maintenance until the end of the year. Star Diamond holds a 25% interest in certain Fort ? la Corne kimberlites, including the Star - Orion South Diamond project...Read More

Precious metals miner Sibanye-Stillwater seeks control of Finnish lithium firm

June 30, 2022 / www.northernminer.com

Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) revealed on Thursday that is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to have an 80% in the company, which aims to be Europe's first fully integrated lithium producer.The South African miner currently has a 30.3% stake, held through Keliber Oy which owns the namesake project in Fin...Read More

Video: How mining could get to net zero before 2050 - ESG panel

June 30, 2022 / www.northernminer.com

The mining world has quickly embraced environmental, social and governance (ESG) principles and more companies are seeing the need to meet those priorities, even on the level of investment, said Michel Brutti, founder and president of Clear Skies Investment Management, at the Mining Investment Event of the North conference on June 21."On the 'E' side, we can see there are solutions out there to go...Read More

IDEX Price Report for 1 July: More Losses as Uncertainty Continues

June 30, 2022 / www.idexonline.com

(IDEX Online) - There were many losses in June, as there were in May. The war continues in Ukraine, as do the sanctions on Russian rough, and Indian manufacturers are still filling the supply gaps, especially among smalls, by switching to lab grown. In May we saw more increase among goods over 2.0-cts seeking refuge from the stock market. In June those increases were limited to goods over 4.0-cts....Read More

US miners group backs Supreme Court, Biden slams it...

June 30, 2022 / www.mining-journal.com

The landmark ruling by the Supreme Court to curb the EPA's powers to force a reduction in carbon emissions from coal and gas-fired power stations is seen as a major setback to President Joe Biden's climate policies.Biden termed the Court's ruling "another devastating decision that aims to take our country backwards".The NMA, whose members include over 250 firms involved in the mining and supply in...Read More

Green technology and resource security may benefit from the low-carbon Stillwater West projectstill waters critical minerals

June 30, 2022 / www.mining-journal.com

Stillwater Critical Minerals (TSXv:PGE, OTCQB:PGEZF, FSE:5D32), formerly Group Ten Metals, has just undergone a complete rebranding, adopting a fresh image that showcases its enviable position in the market.The company's flagship project is the district-scale, 100%-owned Stillwater West PGE-Ni-Cu-Co-Au property in Montana, where Stillwater Critical Minerals ("SWCM") is the second-largest landholde...Read More

The Deep State Is Sadistic

June 30, 2022 / dailyreckoning.com

Remember the old days of the Clinton administration?It came to power riding a center-left push against the messes of the Bush administration. Clinton was careful to distance himself from the crazies with a series of high-profile rebuffs of the worst among them.The hope was to advertise as a moderate but govern slightly to the left.But then the polls and the markets started to speak, and loudly. Th...Read More

Common Ground for Capitalists and Communists? You'd Be Surprised...

June 30, 2022 / www.outsiderclub.com

Once upon a time, President Reagan said, "The nine most terrifying words in the English language are: I'm from the government, and I'm here to help."Decades earlier, Aim?(C) C?(C)saire wrote a blistering screed against European colonialism that started with:A civilization that proves incapable of solving the problems it creates is a decadent civilization.A civilization that chooses to cl...Read More

VVC Confirms Helium Shows Of Up To 1.14% From Its Second Well In Syracuse Project

June 29, 2022 / bit.ly

VVC Exploration Corporation (Read full newsRead More

UK sanctions Norilsk's Potanin

June 29, 2022 / www.mining-journal.com

Potanin, known as the "Nickel King", was sanctioned by the UK government for his ties to Russian President Vladimir Putin.Read More

BHP launches new ESG framework

June 29, 2022 / www.mining-journal.com

Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesIn a presentation made yesterday, BHP chief legal, governance and external affairs offi...Read More

Canada's Alamos Gold goes large to beat inflation

June 29, 2022 / www.mining-journal.com

While 2022 capital spend remains unchanged, 2023 is expected to increase by $60 million to between $280 and $320 million on the scheme, and in 2024 is expected to increase by $60 million to betweenRead More

Coeur sells part stake in Yukon-focused Victoria Gold...

June 29, 2022 / www.mining-journal.com

The sale was at a share price of C$10.90 and reduces Coeur's holding in Victoria Gold to 9.5% on a non-diluted basis.   The sale transaction is scheduled to close on or about June 30.Read More

UK sanctions Norilsk's Potanin

June 29, 2022 / www.mining-journal.com

Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesPotanin, known as the "Nickel King", was sanctioned by the UK government for his ties t...Read More

Break with Tradition: Zales Launches the 185-Facet Diamond

June 29, 2022 / www.idexonline.com

(IDEX Online) - Zales has launched a new diamond cut with 185 facets -  compared with the 58, including the culet, of a traditional brilliant cut - claiming it creates a "breathtaking sparkle".The US jeweler, which has 2,800 stores and is part of the Signet group, says its Celebration Infinite diamonds, with more than three times the regular number of facets, are expertly cut for excellent li...Read More

Russia Condemns "Far-Fetched" Claims over Conflict Diamonds

June 29, 2022 / www.idexonline.com

(IDEX Online) - The Russian Ministry of Finance has condemned "far-fetched" accusations that diamonds are funding its invasion of Ukraine and should therefore be outlawed by the Kimberley Process.It issued a statement insisting Russia "has always been and remains an exceptionally responsible participant of the Kimberley Process".And it said tax and dividend payments from Russian diamond mining ope...Read More

How Hercules Planes Helped in Demolition of Canada's Victor Mine

June 29, 2022 / www.idexonline.com

(IDEX Online) - The demolition of Canada's Victor diamond mine -  which involved flying in specialist machinery in Hercules cargo planes - was completed ahead of time, despite many challenges.The site, in a remote and frozen area of northern Ontario, is now being returned to its natural state.Victor was identified in 1987 as Canada's first economically viable diamond deposit.De Beer...Read More

Anger over Paltrow's $8,000 "Everyday" Jewelry

June 29, 2022 / www.idexonline.com

(IDEX Online) - Gwyneth Paltrow is again under fire, over the price of her new "everyday" jewelry collection.Social media users say the new range - including a $7,900 gold necklace with 1.96 ctw of white diamonds - is "out of touch", "unaffordable" and far from being "everyday".The Hollywood A-lister, aged 49, launched new pieces branded as G. Label through her online business Goop last week. ...Read More

Swarovski Appoints First CEO from Outside the Family

June 29, 2022 / www.idexonline.com

(IDEX Online) - Swarovski, the family-owned crystal and jewelry company, is to have an "outsider" permanently at the helm for the first time in its 127-year history.The Austria-based business has appointed Alexis Nasard (pictured), from Switzerland, currently a senior business advisor at management consultants McKinsey & Company.He replaces Michele Molon, a non-family member, who served as CEO...Read More

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