News and Reports

Sibanye-Stillwater's Montana mine to remain halted for 4-6 weeks

June 24, 2022 / www.northernminer.com

Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) said on Friday that its Stillwater platinum mine will remain halted for four to six weeks, as the company works on repairing damage caused after widespread flooding in Montana.Following an initial assessment of the impact of weather-triggered inundation and mudslides, Sibanye-Stillwater said that its operations were largely unaffec...Read More

FS due for Casino then Rio talks

June 24, 2022 / www.mining-journal.com

Rio invested C$25.6 million in the junior to take a 7.8% stake in 2021 to fund an 18-month work programme geared towards completing a technical work programme to get the major comfortable with potentially buying the junior.Casino is a large, at surface open pit deposit which could sustain production for decades, including a high-grade starter pit, which could see the multi-billion project developm...Read More

The Top-Secret Technology Behind "Darkstar"

June 24, 2022 / www.outsiderclub.com

I've been talking about hypersonic weapons for years now, but I've never received more questions about them than I have these past few weeks. It took me a while to figure out why, but eventually someone told me that Tom Cruise takes a joyride in the opening scene of this summer's blockbuster movie Top Gun: Maverick.I'm not a movie-goer myself, but I did watch the scene and I will concede that it...Read More

The Biggest Story NOT Being Told

June 24, 2022 / dailyreckoning.com

With so much going on with the war in Ukraine, skyrocketing inflation, looming food shortages and more, it's easy to overlook the elites' ongoing war on cash.But that's a serious mistake because it has serious implications not only for your money, but for your privacy and personal freedom as you'll see today. My view is that the war on cash is dangerous in terms of lost privacy and the risk of gov...Read More

Blue Star Gold Commences Drill Program at its Ulu Gold Project @BlueStarGold1 #gold #silver #mining #investing

June 23, 2022 / bit.ly

Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) (Read full newsRead More

Patriot Battery rallies on Quebec lithium results

June 23, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Patriot Battery Metals Inc. [PMET-CSE, PMETF-OTCQB, R9GA-FSE] shares rallied Thursday after the company released results from the last four drill holes to be reported from the 2022 winter drill program at the Corvette - FCI gold-copper-silver-lithium project in the James Bay Region of Quebec.The results include some of the strongest drill intersections to date, includ...Read More

Osisko Mining provides Windfall catalysts

June 23, 2022 / www.mining-journal.com

Toronto-listed Osisko Mining is on course to provide an updated mineral resource estimate for its Windfall gold project in Canada in the fourth quarter.Read More

Minera Alamos sees more Mexican gold potential

June 23, 2022 / www.mining-journal.com

The firm on June 21 announced it had secured surface rights from local Mexican authorities for Cerro de Oro.Read More

US Interior sets $76mn for critical minerals mapping...

June 23, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningThe new finance is from the Bipartisan Infrastructure Law and is aimed at funding new research o...Read More

Argonaut gets Magino funding package

June 23, 2022 / www.mining-journal.com

The company has received a binding commitment letter from a syndicate of lenders for a six-year, US$200 million loan and a three-year US$50 million revolving credit facility for a total debt limit ofRead More

Chile allows Codelco to retain profits

June 23, 2022 / www.mining-journal.com

CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesCodelco typically has to pass its profits to the national treasury and request funds from the national budget, whic...Read More

Central bank confusion threatens miner prosperity

June 23, 2022 / www.mining-journal.com

CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesExcited by forecasts of strong long term metal demand growth and indefinite supply shortfalls, miners have been pos...Read More

Gemfields Sells a Record $95m of Rubies

June 23, 2022 / www.idexonline.com

(IDEX Online) - Gemfields says it sold rough rubies worth $95.6m at its latest online auction, setting a new company record.The London-based ruby and emerald miner described the results as "glittering", despite failing to sell a single lot that accounted for almost a quarter of the total weight of rubies sold.The rubies were all extracted by Montepuez Ruby Mining (MRM) which is 75% owned by Gemfie...Read More

Angola Ditches Chinese Investment, Takes Control of Catoca

June 23, 2022 / www.idexonline.com

(IDEX Online) - The Angolan government now has majority stake in Catoca, the world's fourth biggest diamond mine.It transferred part-control from Chinese investors LLI International after a ruling by the attorney general, and it now holds 59 per cent of its shares.The remainder are held by Alrosa, the Russian miner, although it is exempt from US sanctions because it owns under 50 per cent.The...Read More

Assays may bolster development case despite copper price dropCopper News

June 23, 2022 / www.mining-journal.com

Recent drilling successes at Filo del Sol have raised industry expectations that Filo del Sol could be a major regional copper resource and developed alongside nearby projects in VicuñaRead More

Embattled PolyMet notches up a win

June 23, 2022 / www.mining-journal.com

"The court agreed with PolyMet that the case should be dismissed because project opponents failed to properly serve PolyMet under the Minnesota Rules of Civil Appellate Procedure, and that failure meant that the court lacked jurisdiction," PoyMet said."Barring an appeal to the Minnesota Supreme Court, the ruling lays to rest multiple legal challenges that mining opponents have brought against the...Read More

Construction, first gold gold pour delayed at Premier as Ascot seeks financing

June 23, 2022 / www.northernminer.com

The first gold pour at Ascot Resources' (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues.On Thursday, Ascot said it still hasn't secured financing for the 2022 building season and as a result some aspects of the project have been decelerated or put on hold. First gold at Premier is now expected at the end of 2023 or the...Read More

Northern Graphite reports first production since acquiring Lac des Iles mine; says market is 'tightening'

June 23, 2022 / www.northernminer.com

Northern Graphite (TSXV: NGC; US-OTC: NGPHF) sold 965 tonnes of graphite, worth US$1.5 million, and produced 1,281 tonnes in May at its Quebec-based Lac des Iles mine, which the company acquired in April. While the sale of the majority of the mine's graphite is contracted on an annual basis, in early June the company received a spot order for 152 tonnes of the material, which Northern Graphite...Read More

Xtra-Gold rises on expansion drilling results from its Kibi gold project in Ghana

June 23, 2022 / www.northernminer.com

Shares of Xtra-Gold Resources (TSX: XTG; US-OTC: XTGRF) rose to their highest in a month on Thursday afternoon as the company reported results from ongoing resource expansion drilling at its wholly-owned Kibi gold project in Ghana.Highlights from the 24 holes released included 77 metres grading 1.59 grams gold per tonne starting from 122 metres in hole KBDD22481; and 43 metres grading 1.57 grams...Read More

1911 Gold begins tailings reprocessing at True North complex in Manitoba

June 23, 2022 / www.northernminer.com

1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical tailings this year to recover approximately 3,500 to 4,000 oz. of gold.Early in 2022, the company completed a sampling program to characterize the grade, thickness, grain-size and moisture content of...Read More

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