News and Reports

Daytrip Diamond Hunter Recovers 2.38-ct Gem

May 10, 2022 / www.idexonline.com

(IDEX Online) - Seasoned diamond hunter Adam Hardin has found his biggest stone yet - a 2.38-carat brown gem.He's been a regular visitor to the Crater of Diamonds State Park, in Arkansas, for a decade and says he's found hundreds of smaller stones. But this is by far the biggest.It's the USA's only active diamond mine, where visitors pay $10 a day to sift the soil - and keep an...Read More

Ramaphosa pitches solutions to South African mining...

May 10, 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 minerals"Mining is a continuous sunrise sector in our economy," Ramaphosa said, as he laid out his plans...Read More

Elon Musk says buying a mining company 'not out of the question'

May 10, 2022 / www.northernminer.com

Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not "out of the question" for the company to enter the mining business, as the world's largest electric vehicle (EV) manufacturer looks to tackle raw material constraints. In a keynote interview at The Financial Times Future of the Car summit, Musk said that the demand for raw materials is exceeding production "to a ridiculous degree." "I...Read More

Aton's shares rise on gold-silver-zinc intercept from Rodruin in Egypt

May 10, 2022 / www.northernminer.com

Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. Highlights from the diamond drill results included 9.9 metres grading 39.4 grams gold per tonne, 261.7 grams silver, 0.84% copper, 0.02% tin and 3.55% zinc starting from 138.1 metres in hole ROD-071 and 5.7 m...Read More

Argentina expects US$4.2B investment in its lithium sector

May 10, 2022 / www.northernminer.com

Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000 tonnes of the battery metal in 2025.The country has attracted in the past year a fury of companies, including the world's second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) and South Korean steelmaker Posco,...Read More

The Northern Miner Podcast - episode 290: Cameco warns of uranium supply shock with 'geopolitical realignment in the nuclear fuel cycle'

May 10, 2022 / www.northernminer.com

This week's episode features Cameco's Q1 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as driven strongly by "security supply concerns." He also discusses how the Russia-Ukraine war is increasing pressure on the uranium supply around the world and how nuclear energy is essential to reducing greenhouse gases and achieving 'net zero' carbon emissions....Read More

Mining Indaba: Marampa Mines commissions 3.25mtpa iron ore expansion

May 10, 2022 / www.northernminer.com

The Gerald Group-owned Marampa Mines Limited has commissioned a 3.25 million tonnes per annum expansion of the namesake iron ore mine in Sierra Leone.The expansion follows a restart of mining on September 1, 2021, and ups output from 2 million tonnes per annum, producing the company's trademarked Marampa Blue product.Marampa Blue entails a >65% iron content concentrate currently in high demand as...Read More

Decennium horriblis continues for McEwen

May 10, 2022 / www.mining-journal.com

The bad news continued with the company's results for the quarter to March 31 as production plummeted 37.5% to 25,100 gold equivalent ounces at an all-in sustaining cost of $2,146 per ounce, from 40,150oz in the December 2021 quarter.The fall in production saw the company report a net loss of US$19.3 million on revenue of $25.5 million in the quarter compared with a net loss of $21 million in the...Read More

Peru suspended from EITI

May 10, 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 mineralsPeru failed to meet its March 31 reporting deadline for its 2019 EITI report. The suspension can...Read More

Wanblad touts hydrogens future in the mining industry

May 09, 2022 / www.mining-journal.com

Last week Anglo Amewrican's nuGen haul truck began work at the Mogalakwena PGM mine in Limpopo province, South Africa.Read More

Imperial Metals poised to reopen Mount Polley mine

May 09, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Imperial Metals Corp. (III-TSX) is working to reopen its Mount Polley mine in British Columbia. The company said it is targeting the start of milling operations in the second quarter of 2022.Details of the reopening plan are revealed in the company's first quarter 2022 financial results which were released after the close of trading on May 6, 2022.Imperial's principal...Read More

Collective says Olympus is one system

May 09, 2022 / www.mining-journal.com

The company said geological modelling, drilling, underground sampling and detailed mapping now leads to an interpretation of Olympus Central and Olympus South to be one large interconnectedRead More

Pure Gold to raise C$30M

May 09, 2022 / www.mining-journal.com

The company said its largest shareholder AngloGold Ashanti has yet to indicated whether it will invest to retain its 19.9% pro rata stake.Read More

Wanblad touts hydrogens future in the mining industry...

May 09, 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 mineralsLast week Anglo Amewrican's nuGen haul truck began work at the Mogalakwena PGM mine in Limpopo pr...Read More

Chile constitution: expands environmental rights

May 09, 2022 / www.mining-journal.com

The rejected state ownership article will return to the environmental commission, where it can be reworked before being advanced for second vote by the assembly.Read More

Save the chuditch or save the planet

May 09, 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 mineralsAs with many of its fury friends the cat-sized chuditch, also known as the western quoll, looks u...Read More

Vast Resources Still Hopes to Mine Marange Diamonds

May 09, 2022 / www.idexonline.com

(IDEX Online) - UK-based miner Vast Resources has indicated it still hopes to win the go-ahead from Zimbabwe's government to operate in the Marange diamond fields.It has partnered with Chiadzwa Community Company (CCC) and had hoped to sign a deal back in 2019.Despite a series of delays, Vast's CEO Andrew Prelea has indicated that the company remains hopeful it will be granted licenses to...Read More

Bookkeeper "Stole $2.8m" from Jeweler Julie Vos

May 09, 2022 / www.idexonline.com

(IDEX Online) -  The former bookkeeper at New York jewelry company Julie Vos has been charged with stealing over $2.8m to pay his American Express bills.Francisco Lopez, 36, from Bayside, New York, was indicted with grand larceny in the first degree and criminal possession of stolen property in the first degree.He is alleged to have made thousands of fraudulent transactions - "regularly but d...Read More

Tamper-Proof Provenance Platform will Track Every De Beers Diamond

May 09, 2022 / www.idexonline.com

(IDEX Online) - De Beers says its blockchain-backed Tracr platform is now able to track the journey of every diamond it sells, from Sight to retailer.The UK-based miner says the tamper-proof technology has already been used for a quarter of its production by value during its first three Sights of 2021.Tracr, which employs blockchain, artificial intelligence, the Internet of Things and advanced sec...Read More

No trace of missing workers from Trevali's flood-hit mine after three weeks

May 09, 2022 / www.northernminer.com

Trevali Mining (TSX: TV; US-OTC: TREVF) has said that it is yet to locate or communicate with the eight underground miners who went missing on Apr. 16 at its Perkoa zinc mine in Burkina Faso after flooding caused by heavy rainfall disrupted operations, the company said. The Burkina Faso government is conducting an investigation into the flooding event, Trevali's director of investor relations,...Read More

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