News and Reports

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

PDAC showed industry eager to return to 'normal'

June 23, 2022 / www.northernminer.com

A few things were top of mind for delegates as they converged on the Metro Toronto Convention Centre June 13-15 for the first in-person Prospectors and Developers Association of Canada (PDAC) convention in more than two years. Excitement about meeting in person again; mild shock at how pleasant a city Toronto can be outside of early March, when the convention is normally scheduled; and despite the...Read More

US allots US$74M to critical minerals mapping

June 23, 2022 / www.northernminer.com

The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as President Joe Biden's administration seeks to strengthen key domestic supply chains.The funding will also cover geoscience data collection, data preservation, and scientific interpretation of areas with potential for critical...Read More

Emerita Resources cuts high grade gold at Romanera polymetallic deposit in Spain

June 23, 2022 / www.northernminer.com

Shares of Emerita Resources (TSXV: EMO) rose by about 10% in the morning as the company reported its latest, high-grade drill results from the Romanera deposit at its wholly-owned Iberia Belt West project in southwestern Spain.Highlights of the results from drill hole LR002 included 14.3 metres grading 7.61 grams gold per tonne, 311.1 grams silver, 0.4% copper, 2.9% lead and 3% zinc starting from...Read More

The U.S. Is Focusing on Europe When It Should Be Looking to the Pacific

June 23, 2022 / www.outsiderclub.com

"We must be the great arsenal of democracy. For us this is an emergency as serious as war itself. We must apply ourselves to our task with the same resolution, the same sense of urgency, the same spirit of patriotism and sacrifice, as we would show were we at war."This quote from one of President Franklin Delano Roosevelt's "fireside chats" may not entirely apply today, but at its heart is the sam...Read More

RT @Z_Mikhailovich: What is irony?

June 22, 2022 / www.nationthailand.com

A gunman who stole necklaces worth 2 million baht from a Bangkok gold shop on Saturday was attempting to make up for his massive losses in cryptocurrency trading, police said on Sunday.Read full newsRead More

RT @Cdn_Mining_Jrnl: FPX, Indigenous partner sign MOA for Decar nickel project in B.C.

June 22, 2022 / ow.ly

FPX Nickel (TSXV: FPX; OTC: FPOCF) has executed a new development memorandum of agreement (MOA) for the Decar nickel district with Binche [...]Read full newsRead More

Rio opens "breath-taking" new mine

June 22, 2022 / www.mining-journal.com

About 100 guests were invited to the opening yesterday, including Banjima Traditional Owners and Western Australian mines minister Bill Johnston.Read More

Guanajuato discovers high-grade gold and silver material at El Cubo, Mexico

June 22, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Guanajuato Silver Company Ltd. [GSVR-TSXV; GSVRF-OTCQX; VAQ-FSE] has discovered high-grade gold and silver material in an historical tailings area at the wholly owned El Cubo mine complex in Guanajuato, central Mexico.A 43,000-square metre, 1.0-1.5-metre thick layer of high-grade surface material has been identified from a retired tailings facility named Mastrantos IV...Read More

Collective adds Apollo to Olympus in Colombia

June 22, 2022 / www.mining-journal.com

Drill hold APC-1, which is the first ever diamond drill hole to test the Apollo target, resulted in 87.8 metres @ 2.49 g/t gold equivalent, the Toronto-headquartered firm said. Read More

Argentina-focused lithium developer hit by ceo exit...

June 22, 2022 / www.mining-journal.com

The departure of former chief executive Steve Promnitz sparked uncertainty in the market on the future direction of the firm and the status of his 10.Read More

Making a Mint-o in Yukon

June 22, 2022 / www.mining-journal.com

Exploration resumed in 2021 after a decade hiatus under previous operators, with the company planning 30,000m of drilling this year as it seeks to build on the 23 million tonnes grading 1.37% copper Minto resource. Some 60% of the resource is not in the current mine plan.The company has identified priority targets including possible extensions to underground mining areas at Minto North II, Minto E...Read More

Perpetua backs US critical minerals move as defense...

June 22, 2022 / www.mining-journal.com

Voting on the NDAA is scheduled for later this year and is expected to include increased US government support for the mining and processing of critical minerals, including antimony, and to increaseRead More

Rio opens "breath-taking" new mine

June 22, 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 minesAbout 100 guests were invited to the opening yesterday, including Banjima Traditional Owners and Western Australian...Read More

Getting boots back on the ground

June 22, 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 minesBut attending the Mining Indaba in South Africa, which itself is back after being suspended for over two years, it...Read More

De Beers Sales up to $650m at Sight 5

June 22, 2022 / www.idexonline.com

(IDEX Online) -  De Beers today announced $650m (provisional) of rough sales at its fifth sales cycle of 2022 - up over a third on last year amid ongoing sanctions against Russia.The UK-based miner attributed the rise in sales to positive sentiment in the US and China's gradual emergence from Covid lockdowns, but made no mention of its biggest rival, Alrosa.De Beers reportedly hiked the...Read More

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