News and Reports

LVMH and Pandora Join the $100m Supersellers' Club

June 01, 2022 / www.idexonline.com

(IDEX Online) - Pandora and LVMH are both enter the Top 10 of $100m supersellers in National Jeweler magazine's annual State of the Majors report published yesterday. Signet remains in first place, with sales across North American of $7.30bn in 2021, a huge increase from $4.84bn the previous year. Walmart, Amazon and Costco are second, third and fourth respectively, unchanged from last year,...Read More

IDEX Price Report for 1 June: Smaller Diamonds Down, Larger Goods Up

June 01, 2022 / www.idexonline.com

(IDEX Online) - There were many losses during May, especially among goods under 0.3-cts, and many gains, especially among goods over 2.0-cts, amid ongoing uncertainty. Manufacturers have been switching to LGDs as the preferred replacement for naturals smalls, which have been in desperately short supply, especially since sanctions were imposed on Russia. This largely accounts for these price d...Read More

Mayfair Gold purchases offsets to make Fenn-Gib a rare 'carbon-neutral' project in Canada

June 01, 2022 / www.northernminer.com

Mayfair Gold (TSXV: MFG) recently completed the purchase of carbon offsets to account for its 2021 emissions, making its Fenn-Gib gold exploration project in northern Ontario carbon neutral. Companies can buy carbon offsets to decrease theircarbon footprints. The funds provided are often invested in environment-friendly projects. Ontario-based Mayfair bought carbon offsets worth $14,760 for...Read More

New Found Gold probes 'elephant' potential of Queensway project

June 01, 2022 / www.northernminer.com

Success begets success; in the mining industry, jurisdictions that continually reward exploration companies for their efforts will attract more attention and more exploration. In Newfoundland and Labrador, a number of gold projects in stages between initial drilling to mine development - including Matador Mining's (US-OTC: MZZMF; ASX: MZZ) Cape Ray gold project and Marathon Gold's (TSX: MOZ; UT-O...Read More

Nuinsco publishes first resource for Prairie Lake critical minerals in Ontario

June 01, 2022 / www.northernminer.com

Nuinsco Resources (CSE: NWI; OTC: NWIFF) has published an initial resource estimate for its Prairie Lake critical minerals and phosphate project. The property is located 28 km north of the Trans-Canada Highway and 45 km northwest of town of Marathon, Ont.The initial Prairie Lake resource is based on 73 inclined diamond drill holes completed between 1969 and 2010, for a total of 12,180 metres. Addi...Read More

GMS: US needs to take urgent steps to prevent getting 'shut out' from critical minerals, says Duncan Wood

June 01, 2022 / www.northernminer.com

The United States needs to smooth out its mine permitting processes, conduct more geological surveys and make the most of its mining relationship with Canada, if it wants to contend with a competitive critical minerals market, researcher Duncan Wood said at The Northern Miner's quarterly Global Mining Symposium in late May. The vice-president for strategy and new initiatives at the Wilson Center,...Read More

Adventus, Salazar granted ESIA for copper-gold project in Ecuador

June 01, 2022 / www.northernminer.com

Salazar Resources (TSX-V: SRL) and Adventus Mining (TSX-V: ADZN) continue to expand their footprint in Ecuador with the government approving the environmental and social impact assessment (ESIA) for their Curipamba-El Domo gold and copper project.The technical endorsement paves the way for the citizen participation process, final environmental licence issuance and construction decision in the...Read More

Biden's Loose Lips May Sink Ships

June 01, 2022 / dailyreckoning.com

There's already one going on in Ukraine. But did President Biden just increase the chances of another shooting war, this one with China? Let's get started, first in Ukraine...Russia's assault is slow and brutal, but it is proving effective in achieving Russia's goals.Those objectives include building a land bridge from Russian territory to Crimea (and possibly beyond to Odessa), cutting Ukraine of...Read More

She Found a $20,000 Penny With Her Kids

June 01, 2022 / www.outsiderclub.com

There's a new trend that has been sweeping YouTube with hundreds of videos - one that claims you can earn hundreds, or even thousands, of dollars with this hobby.It's called "coin roll hunting." And it's pretty much exactly what you imagine it is: searching through rolls of coins to hunt for collectible and valuable coinage.The main thing most hunters are looking for are old 90% sil...Read More

Asian Battery Metals Alliance

June 01, 2022 / www.mining-journal.com

In February 2022, copper explorer Aranjin Resources Ltd announced a joint venture agreement in Mongolia with lithium explorer ION Energy. The alliance leverages the technical expertise of the two teams, provides access to each other's tenements and allows Aranjin (listed on the TSX Venture Exchange) to benefit from ION's strong track record in Mongolia.The deal between Aranjin and ION is innovativ...Read More

SilverCorp drilling for growth, eyeing Africa/Latam

June 01, 2022 / www.mining-journal.com

The company produced 6.1 million ounces of silver, 3,400oz of gold, 64.4 million pounds of lead and 26.8 million pounds of zinc in fiscal 2022 from its Ying mining district in Henan province at a peer-group leading all-in sustaining cost of US$8.77 per ounce, giving it a margin of 40.7%, compared with the peer group average of about 35%.Production could potentially double starting in calendar 2024...Read More

Explainer Video: FPX Nickel Positive Testing of Carbon Sequestration #nickel

May 31, 2022 / youtu.be

FPX Nickel is a publicly-traded company in Canada and the USA with a focus on developing a large source of low-cost, low-carbon nickel for electric vehicle b...Read full newsRead More

Gold Fields to acquire Yamana Gold for US$6.7 billion

May 31, 2022 / www.canadianinvestor.com

Share this article TORONTO - Yamana Gold Inc. [YRI-TSX, AUY-NYSE] is set to be acquired by South African giant Gold Fields Ltd. [GFI-NYSE] in a share exchange transaction worth US$6.7 billion. The combined company is expected to rank as the globe's third largest gold producer and fourth largest by market capitalization.Yamana is a Canadian precious metals producer with significant gold and silver...Read More

Canada's Foran gets permit for zero carbon copper

May 31, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesForan is planning to mine a 4,400-tonne bulk sample to confirm metallurgical test-work and further optimize process design after receiving the permit which allows the c...Read More

Aurania finds lost city with Metron

May 31, 2022 / www.mining-journal.com

Metron worked through historical, geological, geochemical, and geophysical information from the concessions to generate probability maps for the Lost Cities and likelihood ratio surfaces showingRead More

Marrone not done building gold companies

May 31, 2022 / www.mining-journal.com

Marrone is far from thinking about retirement or resting on his laurels, which will include a change of control payment of around US$26 million. "There are plenty of opportunities in this industry.Read More

Kinross buys into E2Gold project

May 31, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningAs part of a planned C$3 million private placement, Kinross will acquire around 9.9% of the issued and outstanding common shares of E2Gold following the cl...Read More

Diamond Merchant Faces Court on $26m Smuggling Charges

May 31, 2022 / www.idexonline.com

(IDEX Online) - A diamond merchant accused of smuggling $26m of diamonds has been arrested by customs officials at Delhi airport.  Meet Kachhadiya, who ran a Universal Diamonds, in Surat's Sachin Special Economic Zone (SEZ), allegedly evaded duty when he exported 30 consignments of "lab grown" diamonds to Hong Kong from February 2021 to May 2021.   He'd reportedly been evading...Read More

Petro faces Hernandez in Colombia run-off

May 31, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningLong-time poll leader Petro won the first round as expected with about 40% of the vote, but centrist populist outsider Hernandez surprised many by taking 2...Read More

Sibanye-Stillwater gets Carter for Americas

May 31, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningCarter will be responsible for the firm's platinum group metals operations in the US and projects and exploration activities in Argentina.Read More

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