News and Reports

Condor Gold says La India 'construction ready'

May 13, 2022 / www.northernminer.com

Nicaragua-focused Condor Gold (LSE: CNR; TSX: COG) said on Friday its flagship La India open pit gold project in the Central American country, was "construction ready" and "materially de-risked."Delivering first quarter results, chief executive Mark Child said a definitive feasibility study for the project, which will provide the economic forecasts on which project finance discussions will be base...Read More

Mining Indaba: The US touts green energy as the key to bridging Africa's growth gap

May 13, 2022 / www.northernminer.com

The United States government's initiatives to help address Africa's power and growth gaps are increasingly hinging on boosting the continent's ability to produce green energy and facilitate foreign investment, the Investing in Africa Mining Indaba heard this week.The US undersecretary for economic growth, energy and the environment, Jose W. Fernandez, said any energy policy that warms our planet s...Read More

I'm Not Worried About the Market - I'm Worried About THIS

May 13, 2022 / www.outsiderclub.com

In my line of work, we tend to fixate on numbers, line charts, and tables.So much so that it often distracts from the life around us. That's made this past week pretty difficult. Stocks have been getting hammered, and crypto is taking it even harder. But last night, when I got off work, I went axe-throwing. I'm in a league and it was the playoffs. (This is a real thing, I swear.) I lost, but i...Read More

Prismo Metals Samples 28 g/t Gold at Los Pavitos

May 12, 2022 / bit.ly

Prismo Metals Inc. (CSE: PRIZ) (Read full newsRead More

Food Protectionism Adds to "Chaos in Global #Food Markets," While Ukraine Could Plant a Majority of Spring Crops

May 12, 2022 / farmpolicynews.illinois.edu

Financial Times writers Oliver Telling, Benjamin Parkin and Emiko Terazono reported yesterday that,Read full newsRead More

Grid Metals drills 1% Li2O over 12.9 metres at Donner Lake, Manitoba

May 12, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Grid Metals Corp. [GRDM-TSXV; MSMGF-OTC; NJF1-FSE] reported results for three additional holes from the recently completed phase 1 drill program at its Donner Lake lithium property in southeastern Manitoba. The property is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite. The Donner Lake Lithium Property is a 75%/25% joint ven...Read More

Moneta Tower resource grows to 11.7Moz

May 12, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpThe consolidated indicated resource now totals 4.27 million ounces and 7.5Moz inferred, which is a 70% increase in to...Read More

Mexican Torex Gold costs rise ahead of Media Luna

May 12, 2022 / www.mining-journal.com

Stronger anticipated output and ongoing cost management to minimize the impact of inflationary pressures would reduce costs, Torex Gold said.Read More

Rio starts critical mineral tellurium output in Utah...

May 12, 2022 / www.mining-journal.com

Around 20 tonnes of tellurium will be produced annually through a new US$2.9 million circuit built at the Kennecott refinery, Rio Tinto said.Read More

ALP promises 'transformation'

May 12, 2022 / www.mining-journal.com

Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsAustralian Labor Party (ALP) trade and resources spokesperson Madeleine King outlined a "transfor...Read More

Record 228-ct White Diamond Sells for $21.9m

May 12, 2022 / www.idexonline.com

(IDEX Online) - The largest white diamond ever auctioned sold yesterday for $21.9m at Christie's Magnificent Jewels sale in Geneva.The 228.31-ct G/VS1 pear-shaped gem, called The Rock, beat its low estimate of $20m, but fell short of the $30m high estimate.The record auction price for a white diamond remains with a 163.41-ct D/IF Type IIa rectangular cut-cornered diamond, which sold at Christ...Read More

Pandora to Build $100m Factory in Vietnam

May 12, 2022 / www.idexonline.com

(IDEX Online) - Pandora today announced plans to build a $100m factory in Vietnam, as part of a plan to boost its total production capacity by 60 per cent.It will create 6,000 jobs, producing up to 60m jewelry items a year.The Danish jeweler, best known for its charm bracelets, aims to double revenue in the US and treble it in China (both from 2019 levels).  The new factory in Vietnam will su...Read More

Canada Mints Collectors' Coins with 47 carats of Argyle Pinks

May 12, 2022 / www.idexonline.com

(IDEX Online) - A pure platinum coin weighing 1kg, and set with 462 fancy vivid pink diamonds (6.5 tcw) from the Argyle mine is to be auctioned.The one-off creation is the highlight of the Royal Canadian Mint's Opulence Collection, featuring gems from the iconic Australian mine that closed in November 2020.There are 436 coins altogether, using a total of 46.7 carats of Argyle pinks.The Ultima...Read More

Mining in Africa Snapshot: Eight companies to watch

May 12, 2022 / www.northernminer.com

Africa is home to bountiful reserves of metals such as gold, copper, and lithium. The continent also offers mineral exploration and development companies with large areas of underexplored terrain as well as several mining-friendly jurisdictions looking to harness mining revenues for development purposes. Here are eight miners active within Africa.ASANTE GOLDThe mill at the Bibiani gold mine, in Gh...Read More

Brumadinho won't break Vale, but the piper still hasn't been fully paid

May 12, 2022 / www.northernminer.com

Vale, one of the world's biggest producers of iron ore and nickel, has been in the news a lot lately. The Brazilian miner has been making strikes towards "green" credentials on the nickel side - making deals to supply low-carbon nickel to Sweden's Northvolt and to EV market leader Tesla. On the iron ore side, it's building a "green" pig iron plant in Brazil that will be the first to use its Tecno...Read More

Arc Minerals inks multi-million JV deal with Anglo American

May 12, 2022 / www.northernminer.com

Anglo American (LSE: AAL) has inked a joint venture deal with base-metals focused junior Arc Minerals (LSE: ARCMA) to explore for copper and cobalt in Zambia, marking the first new investment the global miner makes in the country in about two decades.Arc Minerals said Anglo American will take 70% of the JV for an aggregate investment of up to US$88.5 million, including a cash consideration of up t...Read More

Manganese X PEA outlines Battery Hill mine with US$486M NPV, 25% IRR

May 12, 2022 / www.northernminer.com

Manganese X Energy (TSXV: MN; OTC: MNXXF) has delivered a positive preliminary economic assessment (PEA) for its wholly-owned Battery Hill project located near Woodstock, N.B., demonstrating the potential for a low-capital, long-life manganese mine operation in North America.The study expects the project to produce about 68,000 tonnes of high-purity manganese sulphate over a 47-year mine life. At...Read More

Hochschild Mining earmarks US$200M to build gold mine in Brazil

May 12, 2022 / www.northernminer.com

Precious metal producer Hochschild Mining (LSE: HOC) will invest about $200 million to build the Posse gold mine in Brazil, a project added to its portfolio last year through the acquisition of Amarillo Gold.Speaking at a mining conference in Peru, chief executive officer Ignacio Bustamante said the company expects to start production at the mine, located in Brazil's central state of Go?-as, in...Read More

Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts - Veracity Worldwide

May 12, 2022 / www.northernminer.com

Russia's war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week.Veracity Worldwide CEO Steven Fox told the conference that Russia's invasion of Ukraine had triggered an increased focus on geopolitical factors that had once been the topic of polite conversation among corporate leaders."This is...Read More

Manganese X Energy PEA for Battery Hill

May 12, 2022 / www.mining-journal.com

The project would yield an after-tax net present value of US$486 million at a 10% discount rate and a 25% internal rate of return with a 2.Read More

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