News and Reports

Video: Jim Grosdanis of Sprott Resource Lending - 'Our business is NOT to be an owner'

June 28, 2022 / www.northernminer.com

As a lender to resource companies at the prefeasibility and later stages, Sprott Resource Lending routinely sees a "massive" range in the quality of work that mining companies perform on reserves and resources statements, said managing partner Jim Grosdanis, at the Mining Investment Event of the North conference in June. "While they might be at the [definitive feasibility study] stage... we woul...Read More

The Reluctant Banker and Tom Joad

June 28, 2022 / www.outsiderclub.com

Shelter line stretchin' round the corner,Welcome to the new world order,Families sleepin' in their cars in the Southwest,No home no job no peace no rest.The highway is alive tonight,But nobody's kiddin' nobody about where it goes,I'm sittin' down here in the campfire light,Searchin' for the ghost of Tom Joad."The Ghost of Tom Joad" - Bruce SpringsteenDear Friend,...Read More

Netherlands' cabinet will reveal plans for 2 new #nuclear power stations this week #energy #uranium

June 27, 2022 / nltimes.nl

This week, the Cabinet will reveal its plans for two new nuclear power stations. Climate and Energy Minister Rob Jetten called the stations "a good addition to all sustainable techniques," according to the NOS.Read full newsRead More

E3 starts drilling Alberta's first lithium well

June 27, 2022 / www.mining-journal.com

"We are working with a local Alberta company, CWC Energy Services' drilling division, Ironhand, using a conventional oil and gas drill rig," E3 CEO Chris Doornbos said.Read More

Global Helium increases Saskatchewan land position and adds third Montana property

June 27, 2022 / www.canadianinvestor.com

Share this articleCALGARY - Global Helium Corp. (CSE: HECO) (OTC: HECOF) one of Canada's largest and most aggressive helium exploration and development companies, announced that it has increased its landholdings in Saskatchewan's famed "helium runway" by 13% to 1.7 million acres. The Company has simultaneously acquired a third helium property in Montana through a strategic State and freehold leas...Read More

African Gold Group changes name to Toubani Resources

June 27, 2022 / www.canadianinvestor.com

Share this articleTORONTO - Toubani Resources, Inc. (formerly African Gold Group, Inc.) (TSX-V: TRE, FRA: 3A61) announced that in line with its corporate strategy and shareholders' approval, the Company completed its change of name to "Toubani Resources Inc." on June 15, 2022. Common shares of the Company began trading on the TSX Venture Exchange under the new trading symbol "TRE" at the opening...Read More

CanAlaska shares advance on uranium project update

June 27, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - CanAlaska Uranium Ltd. [CVV-TSXV, CVVUF-OTCQB, DH7N-Frankfurt] said Monday it has launched a high-resolution helicopter-borne aeromagnetics and radiometrics survey on its Key Extension project near Saskatchewan's Athabasca Basin.CanAlaska shares advanced on the news, rising 4.7% or $0.015 to 33 cents on volume of 130,770. The shares are currently trading in a 52-w...Read More

Cornish Lithium receives development backing

June 27, 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 minesThe study tested a 20-year operation producing an average of 7,800 tonnes per annum of...Read More

Rio Tinto's US copper scheme may head to Supreme Court...

June 27, 2022 / www.mining-journal.com

A coalition of Apaches and other Native peoples will appeal to the US Supreme Court a San Francisco Court of Appeals split ruling on June 24 that upheld legislation under the Obama Administration on aRead More

Spearmint cleared to drill Goose Gold

June 27, 2022 / www.mining-journal.com

"Not only do we border New Found Gold, but our Goose property is approximately 1 km from their ‘Keats Zone' discovery making this one of, if not the closest projects to the discovery,"Read More

E3 starts drilling Alberta's first lithium well

June 27, 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 mines"We are working with a local Alberta company, CWC Energy Services' drilling division, I...Read More

Miners line up to confess ahead of results season

June 27, 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 minesThe drop from A$3.41 to A$2.Read More

Strong Support for KP Conflict Diamond Reforms, says Asscher

June 27, 2022 / www.idexonline.com

(IDEX Online) - Edward Asscher, president of the World Diamond Council (WDC), said there was "strong support" for reforms at the Kimberley Process's intersessional meeting, despite its failure to address the redefinition of conflict diamonds."This year, throughout our engagements with many government participants here in Kasane (Botswana), there seems to be strong support for further reforms,...Read More

G7 Impose Sanctions on Russian Gold

June 27, 2022 / www.idexonline.com

(IDEX Online) - US president Joe Biden yesterday announced plans by G7 - the world's seven richest nations - to impose sanctions on Russian gold.Russia supplies around a tenth of the world's gold and has reserves valued at $140bn, according to estimates by the World Gold Council.The G7 nations - Canada, France, Germany, Italy, Japan, the US and the UK - resolved to outlaw imports of newl...Read More

"Russian Diamonds Sponsor Killings," says Ukraine Diplomat

June 27, 2022 / www.idexonline.com

(IDEX Online) - A Ukrainian diplomat is urging consumers not to buy Russian diamonds, because they fund the war in her country.Liubov Abravitova, who serves as her country's ambassador to South Africa, Botswana and Mozambique, made the comments as members the Kimberley Processes failed to reach any agreement over calls to broaden its definition of conflict diamonds."When you see Bucha, Irpin,...Read More

MAC poll shows public support at all-time high for Canada's miners

June 27, 2022 / www.northernminer.com

The Mining Association of Canada (MAC) released a new national poll that for the first time finds high levels of support for Canadian mining. The shift indicated increased understanding on the role Canada's mining industry must play in producing the green technologies essential to a low carbon future.For the past 12 years, MAC has worked with Abacus Data to assess public opinion on Canada's mining...Read More

Westhaven continues to cut gold at Shovelnose as it aims to expand resource

June 27, 2022 / www.northernminer.com

Westhaven Gold (TSXV: WHN) has reported new high grade drill results from its ongoing program at its Shovelnose gold property in British Columbia, as it looks to expand resources in its next update in early 2023.Highlights of the drill results included 2 metres grading 39.67 grams gold per tonne and 30.38 grams silver starting from 104 metres depth in hole SN22-240; and 24.9 metres grading 3.47 gr...Read More

Calibre Mining cuts high grade at Panteon north in Nicaragua

June 27, 2022 / www.northernminer.com

Calibre Mining's (TSX: CXB; US-OTC: CXBMF) shares rose this morning after the company reported high-grade precious metals intercepts from drill results at the Panteon north zone at its Limon mine in Nicaragua.Highlights included 5.8 metres (estimated true width of 5.6 metres) grading 66.03 grams gold per tonne, and 50.1 grams silver starting from 306.2 metres in hole LIM-22-4630; and 5.1 metres (5...Read More

Canada Nickel confirms discovery at Reid, drilling 354 metres of 0.24% nickel

June 27, 2022 / www.northernminer.com

Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has received results from drilling at the Reid property in Ontario, where two holes were recently completed as part of its regional exploration program and led to the discovery of nickel mineralization.This discovery has now been confirmed with the latest set of assays. The highlight was hole REI21-02, which intersected 354 metres of 0.24% nickel an...Read More

EU strengthens position against deep-sea mining

June 27, 2022 / www.northernminer.com

Just a few days ahead of the 2nd UN Ocean Conference taking place in Lisbon from June 27th to July 1st, the European Commission issued a communiqu?(C) that, among other things, strengthens the bloc's position against deep-sea mining. The idea of banning mineral extraction in the exclusive economic zones of EU countries was one of the many items on the EU agenda on International Ocean Governance (...Read More

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