News and Reports

Bravo gets Brazil government backing ahead of IPO

June 21, 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 mines  The designation by the Brazilian government will allow prioritised permitting for the scheme, Bravo Mining (...Read More

The supercycle has been postponed

June 21, 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 minesMiners face a double whammy of rising costs and depressed demand.Read More

KP Blasted for Silence over Ukraine

June 21, 2022 / www.idexonline.com

(IDEX Online) - The Kimberley Process (KP) is facing renewed pressure to consider whether it should still be certifying Russian diamonds.The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees KP activities, blasted the watchdog for its "silence" over the invasion of Ukraine."The fact that the KP is unable to even discuss whether it should continue certifying Russian diamon...Read More

Ultra-Wealthy Invest $1.1bn in Tycoon's Jewelry Fund

June 21, 2022 / www.idexonline.com

(IDEX Online) - Hong Kong billionaire Calvin Lo has launched a jewelry investment for the ultra-rich to take financial refuge in pieces by Van Cleef & Arpels, Cartier and Bulgari.The insurance tycoon has already attracted $1.1bn from a group of 42 high net worth individuals, mostly from Hong Kong.Lo, aged 46, who is reckoned to have a $1.7bn fortune, is head of RE Lee International, specializi...Read More

Price Gap: Sotheby's Sell Two +100-ct Diamonds - for $13m and $693,000

June 21, 2022 / www.idexonline.com

(IDEX Online) - An anonymous buyer paid $12.96m for the flawless 101.41-carat Juno diamond at Sotheby's New York - and promptly renamed it Claire G, after his wife.The Type IIa pear-shaped D-color IF stone sold for way over its $10m high estimate.It was only the 12th +100-ct D-color diamond ever to sell at auction, and it is the fourth-largest pear diamond to be offered at auction.It was the...Read More

Petro is Colombia's president elect

June 21, 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 minesPetro and his Historic Pact party will be the first Leftist government in Colombia's history. Together with running...Read More

Fireweed to blaze exploration trail this summer

June 21, 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 minesThe C$10 million, 8,000m programme will focus on step-out and infill drilling at the Boundary Zone and Boundary Wes...Read More

Amex builds copper potential at Perron

June 21, 2022 / www.mining-journal.com

"Today's results illustrate that the copper rich core of QF zone is becoming more robust at the 600 metre level and shows a very good eastern lateral extension with copper values of about 2% over a thickness of approximately four to five metres," executive chairman of Amex Exploration Jacques Trottier said.Amex highlighted the following results from the new follow-up drillholes on the copper rich...Read More

The Northern Miner Podcast - episode 296:How Quebec is positioning for the global transition to battery metals, ft Camden, Brisson and Choquette

June 21, 2022 / www.northernminer.com

This week's episode features the Quebec Thought Leadership panel at the Global Mining Symposium, featuring Tony Brisson, President and CEO, SOQUEM, Nathalie Camden, Associate Deputy Minister, Mines Minist??re de l'??nergie et des Ressources naturelles, Amyot Choquette, Senior Director Investments, Ressources Qu?(C)bec, and moderator Henry Lazenby, Senior Reporter at The Northern Miner. The panel d...Read More

NexGen submits draft EIS for its Rook uranium project in Saskatchewan

June 21, 2022 / www.northernminer.com

NexGen Energy (TSX: NXE; NYSE: NXE) has advanced its 100% owned Rook uranium property by submitting the project's draft environmental impact statement (EIS) to Saskatchewan's Ministry of Environment and the Canadian Nuclear Safety Commission. The submission includes letters of support for the project from Clearwater River Dene Nation (CRDN), Birch Narrows Dene Nation (BNDN), and Buffalo River De...Read More

Australia-based lithium supplier to Tesla targets first shipment by year-end

June 21, 2022 / www.northernminer.com

Australia's Core Lithium (ASX: CXO), which counts electric vehicles giant Tesla among its future costumers, is planning to send its first shipment of the key battery material by the end of the year.The company's flagship Finniss lithium project, near Darwin in Australia's Northern Territory, is expected to produce 175,000 tonnes of high-quality lithium spodumene concentrate a year.Tesla is expecte...Read More

Surge Copper boosts Ootsa resource in BC by 96%

June 21, 2022 / www.northernminer.com

B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals' (TSX: III) Huckleberry mine, since 2016.Pit-constrained measured and indicated resources at the project now total 439 million tonnes averaging 0.18% copper, 0.12 gram gold per tonne, 0.02% molybdenum an...Read More

Glencore unit pleads guilty to bribery in Africa

June 21, 2022 / www.northernminer.com

A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud Office (SFO), which relate to the firm's oil operations in Africa.Glencore Energy confessed paying $28 million in bribes to secure preferential access to oil, including increased cargoes, valuable grades of oil...Read More

Founder and President: "We Will Not Comply"

June 21, 2022 / www.outsiderclub.com

In 2006, I hired a young dude who had just graduated from a large Midwestern university. I actually didn't personally hire him but gave the go-ahead to one of our editors who was looking for an assistant to groom (when the term "grooming" was still benign).Everyone told me he was "the smartest guy in the room." Like I said, he was fresh out of college and starting a career far from home. So he s...Read More

"Three Steps and a Stumble"

June 21, 2022 / dailyreckoning.com

Stocks were up big today, which will have the talking heads saying that everything's fine again; it's time to jump back into the market.My advice is don't fall for it.With the Fed's third rate hike in the rearview, more market downside is inevitable if you look at the historical record. There's much more to come. Here's why:Last week's hike was the third-consecutive hike. And that's a very bad sig...Read More

RT @GlenResources: News Release: Glen Eagle Resources Signs Agreement to Option 100% of Moose Lake Property

June 20, 2022 / gleneagleresources.ca

Montreal, Quebec, CANADA - June 20, 2022 - Glen Eagle Resources Inc. (the "Corporation") (TSXV: GER) is pleased to announce that it has entered into an option agreement (the "Agreement") with an unlisted reporting issuer (the "Optionee"), which provides the Optionee the right to acquire (the "Option") a 100% interest in the Moose Lake Property (the "Property") located in the Province of Quebec. Th...Read More

Glencore partially re-starts Raglan

June 20, 2022 / www.mining-journal.com

From June 17 authorized personnel gradually returned to the site to perform tasks related to infrastructure maintenance as well as increasing the ore reserve at the surface.Read More

Bunker Hill gets Sprott backing

June 20, 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 minesThe net proceeds of the financing will be primarily used to meet the firm's financial assurance obligations with th...Read More

Glencore partially re-starts Raglan

June 20, 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 minesFrom June 17 authorized personnel gradually returned to the site to perform tasks related to infrastructure mainten...Read More

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