News and Reports

Huntington changing name to Angel Wing Metals

May 18, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Huntington Exploration Inc. [HEI-TSXV] is changing its named to Angel Wing Metals Inc. and will begin trading under the new name on May 19, 2022. The shares will trade under the symbol AWM."The name "Angel Wing Metals" is inspired by the bladed wing-shaped amethyst crystals present in the Angel Wing prospect, one of five priority targets identified at the recently ac...Read More

Goliath launches major Golden Triangle drill program

May 18, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Goliath Resources Ltd. [GOT-TSXV, GOTRF-OTCQB, B41F-FSE] has mobilized for a 24,000-metre diamond drilling campaign on a high-grade gold-silver discovery at the company's 100%-owned Golddigger project in British Columbia.The announcement comes after Goliath raised $14.6 million from an offering of flow-through units priced at $1.19 each, money that has enabled Gol...Read More

Tesla future supplier Talon in record drill

May 18, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryDrill hole 22TK0380 set a new record at the Tamarack project, with 23.44 meters of massive sulphide nickel and copper mineralization, the...Read More

Teck sees revenue rebalance with Chile copper

May 18, 2022 / www.mining-journal.com

The greater exposure to copper will start with production from its majority-owned Quebrada Blanca 2 (QB2) copper operation in Chile in the fourth quarter and further planned mines in Mexico andRead More

Neo re-opens China rare earth plant after Covid lockdown...

May 18, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryProduct shipments from the plant had resumed, the firm said.Read More

Harrods hits Russian Buyers with $370 Spending Limit

May 18, 2022 / www.idexonline.com

(IDEX Online) - Harrods, the landmark department store for the super-rich, in Knightsbridge, London, will no longer sell expensive jewelry, watches or other luxury goods to Russian customers.It has contacted all customers on its database with a Russian address, warning them they can no longer buy items priced at over ?, ?300 ($370) because of UK sanctions."The UK authorities have introduced furthe...Read More

Surat hit by Shortage of Russian Diamonds

May 18, 2022 / www.idexonline.com

(IDEX Online) - Indian manufacturers are working short weeks or closing their factories altogether as supplies of Russian diamonds run out.The rough supplied in normal times by Alrosa - mostly smaller stones - accounts for 40 per cent of their needs (by volume), but Surat is now feeling the full force of sanctions and banking restrictions.There will also be an inevitable knock-on effect in the US,...Read More

Lucapa Recovers 204-ct Diamond at Mothae

May 18, 2022 / www.idexonline.com

(IDEX Online) - Lucapa has announced the recovery of a 204-carat diamond at its Mothae mine, in Lesotho.It's the eighth +100 carat diamond, and third +200 carat, to be recovered since commercial mining started there in January 2019.The Australian miner owns 70 per cent of the kimberlite mine, the remainder belongs to the Government of the Kingdom of Lesotho.Mothae is the world's highest...Read More

De Beers Sells $604m Rough amid "Strong Demand"

May 18, 2022 / www.idexonline.com

(IDEX Online) - De Beers today announced 4th cycle rough sales of $604m, a year-on-year increase of 56 per cent.The UK-based miner said demand remained strong, but faced possible threats from Covid lockdowns in China, and sanctions on Russia for its invasion of Ukraine.It was De Beers' second full sales cycle since the US and EU sanctioned Alrosa, part-owned by the Russian government, and its...Read More

Banyan Gold CEO: AurMac could achieve Tier 1 status this fall

May 18, 2022 / www.northernminer.com

Banyan Gold (TSXV: BYN) has delivered a mineral resource update on its flagship AurMac property nestled in an emerging mining district of the Yukon between Alexco Resource Corp's (TSX: AXU) Keno Hill mine and Victoria Gold's (TSX: VGCX) Eagle gold mine.CEO Tara Christie tells The Northern Miner on the Vancouver Resource Investment Conference (VRIC) sidelines that the project is living up to expect...Read More

TDG releases initial resource for former Shasta gold-silver mine in B.C.

May 18, 2022 / www.northernminer.com

TDG Gold (TSXV: TDG) has published an initial resource estimate for the former producing Shasta gold-silver mine in north-central B.C. following the conclusion of its 2021 drill program, which confirmed the historic drilling results on the property since 1983. The resource amounted to 22 million tonnes averaging 0.79 g/t gold and 26.7 g/t silver in the inferred category.The resource is restricted...Read More

Trevali's missing workers failed to reach Perkoa mine's refuge chamber during floods

May 18, 2022 / www.northernminer.com

Trevali Mining (TSX: TV) said the eight missing miners, for whom rescuers have been searching since the company's Perkoa mine in Burkina Faso was hit by flash floods last month, have failed to reach the mine's refuge chamber situated more than 500 metres below the surface. "This is devastating news," the company's CEO Ricus Grimbeek said in a press release on May 17. "We would like to offer our...Read More

BHP to speed up Jansen potash mine as Ukraine war weighs on supplies

May 18, 2022 / www.northernminer.com

BHP's (NYSE: BHP; ASX: BHP) chief executive Mike Henry wants to gear up on the company's US$5.7 billion Jansen potash project in Canada as Russia's invasion of Ukraine has caused major disruptions to global fertilizer supplies.The ongoing war in Ukraine has left the world not only short of important grains but also fertilizers since neighbours Russia and Belarus account for almost 40% of global pr...Read More

Millennial raises C$15M for Nevada exploration

May 18, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Company president and CEO Jason Kosec that the financing was filled quickly, despite there being a difficult financing market for junior gold explo...Read More

"The Year of Breakdown"

May 18, 2022 / dailyreckoning.com

The stairs up and the elevator down. Today the stock market boarded the elevator... again...The Dow Jones careened another 1,164 stomach-wrenched points today - the fifth collapse of at least 800 points this year - and the greatest single-day plunge since 2020.Both the S&P and Nasdaq were crowded into the identical box. Both endured the identical harrows.The S&P plummeted 165 points; the N...Read More

The Highest-Grade Gold Mines in the World

May 18, 2022 / www.outsiderclub.com

There are a million factors for investors to consider when investing in gold stocks. And among the factors considered to be most important is ore grades.When a mining company talks about ore grades, it is usually referring to the concentration of mineral contained within the rock. For gold, grades are typically reported to the public in grams per tonne (g/t).A gold grade of five g/t simply means t...Read More

RT @RoverMetals: Rover Metals Q2-2022 Corporate Presentation - recorded Webinar with walk-through by our CEO:

May 17, 2022 / youtu.be

Judson Culter, CEO of Rover Metals, provides an update on current operations and upcoming milestones, including progress on the Nevada based Tobin Gold proje...Read full newsRead More

BHP bets big on Canada potash

May 17, 2022 / www.mining-journal.com

"We are making good progress and we're looking at potential to accelerate Jansen Stage 1 first production into 2026," Henry said. This would be around a year earlier than previously guided.Read More

Patriot Battery probes Quebec lithium-tantalum discovery

May 17, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Patriot Battery Metals Inc. [PMET-CSE, PMETF-OTCQB, R9GA-FSE] on Tuesday released the first series of analytical results for winter-spring drilling at its Corvette - FCI gold-copper-silver-lithium project in the James Bay Region of Quebec.Assays announced on Tuesday are for holes designed to test the northeastern and down-dip extension of the lithium-tantalum minerali...Read More

Lumina Gold drilling up a treat for Cangrejos

May 17, 2022 / www.mining-journal.com

Lumina raised C$24 million in October 2021 which it is using for a 30,000m drilling programme to take both pits to the indicated and measured resource categories to use in a pre-feasibility studyRead More

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