News and Reports

Mining Indaba: Bristow pleads with African miners to create 'partnerships for prosperity'

May 09, 2022 / www.northernminer.com

A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark Bristow told the Investing in Africa Mining Indaba on May 9.The chief executive of the world's second-largest gold producer by volume calls it "partnerships for prosperity," whi...Read More

Imperial Metals speeds up work to reopen Mount Polley copper mine

May 09, 2022 / www.northernminer.com

Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a looming deficit.Work to reopen the mine began late last year, with hundreds of former and new employees focused on removing water from the pit, pre-stripping waste rock to expose ore bodies and preparing the processing mill...Read More

Mining Indaba: First Quantum pulls trigger on US$1.3B Kansanshi expansion

May 09, 2022 / www.northernminer.com

The board of First Quantum Minerals (TSX: FM) has resolved to proceed with a US$1.3 billion expansion of the company's cornerstone Kansanshi copper mine in Zambia, including the Enterprise nickel project.Called the S3 Expansion, the project is expected to transition the mine from its current selective high-grade, medium-scale operation to a medium-grade, larger-scale mine able to deal with a highe...Read More

JV Article: The mining industry 'needs to do a better job telling its story on climate-related risks and opportunities,' says Manifest Climate's Pete Richardson

May 09, 2022 / www.northernminer.com

Increasingly, financial regulators and investors are focused on ensuring that mining companies are prepared for the risks and opportunities of climate change.However, the consequences of climate change for the mining industry "are informed by a complex and evolving dynamic, which presents both threats to the way the industry operates and significant business opportunities as the world pushes towar...Read More

Orla mulls processing options for sulphide deposit

May 09, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Orla Mining Ltd. [OLA-TSX] has announced Phase one metallurgical test results at its Camino Rojo sulphide deposit in Zacatecas, Mexico with findings that support the potential for a standalone processing option.Camino Rojo consists of a near-surface oxide gold-silver deposit with a large deeper gold-silver-zinc-lead- sulphide zone.Camino Rojo reached the commercial pr...Read More

This Gives a Whole New Meaning to "Sell in May and Go Away"

May 09, 2022 / www.outsiderclub.com

Dear Outsider,An interesting trade came across my desk yesterday.My colleague showed me how he's profiting from all the volatility going on this week.I'll share that with you if you stick with me.And I'll spare you too much of the Fed talk since you're probably getting it from every angle of Google's algorithm right now.But it's important to remember a few key points about the implications of rate...Read More

US Diamond Sanctions Bite in India

May 08, 2022 / www.idexonline.com

(IDEX Online) - Diamond sanctions are beginning to bite in India, as US buyers demand guarantees that polished stones were not mined in Russia, according to news reports.The US outlawed rough, gem-quality diamonds shortly after the invasion of Ukraine in February, but the ban does not cover stones that are "substantially transformed" - namely cut and polished - elsewhere.However, manufacturers in...Read More

JSA Urges Caution after Jewelry Salesperson is Stabbed

May 08, 2022 / www.idexonline.com

(IDEX Online) - Jewelry salespeople in the US are being urged to take extra care, after one was stabbed and two others were targeted by criminals within a week.The Jewelers' Security Alliance (JSA) says it's important to check nobody's following your vehicle, and to take "evasive driving techniques" if necessary.A traveling salesperson was stabbed twice after four males  smashe...Read More

Indian Economy could take 12 Years to Recover from Covid

May 08, 2022 / www.idexonline.com

0(IDEX Online) - India's economy could take 12 year to recover from COVID-19 losses, says the Reserve Bank of India (RBI).The country sustained losses of $24.8bn during 2020-21, as a direct result of the pandemic, it said. The figure for 2021-22 is estimated at $22.22bn and for 2022-23 it is $21.3bn.India's gold and diamond trade contributed 7.5 per cent of the country's GDP last ye...Read More

Brazil's Vale signs nickel deal with Tesla

May 06, 2022 / www.mining-journal.com

Vale would supply the nickel to Tesla's manufacturing facilities in the US.  It did not give a financial value to the deal.Read More

Green Battery drills 28.48 metres of graphite at Berkwood, Quebec

May 06, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Green Battery Minerals Inc. [GEM-TSXV; GBMIF-OTCQB; BK2P-FSE] reported initial assay results from 12 diamond drill holes completed as part of the company's successful first phase of drilling on the newly discovered zone 6 area at the 100%-owned Berkwood graphite project, situated 280 km north of Baie-Comeau, Quebec. The program drilled into the outcrops and proved up...Read More

Tahltan Nation Development Corporation wins top Indigenous Business of the Year Award

May 06, 2022 / www.canadianinvestor.com

Share this articleDEASE LAKE - For over 30 years, the Tahltan Nation Development Corporation (TNDC) has played an instrumental role in developing Northwest British Columbia, including the mining and exploration sector in BC's Golden Triangle.Last night, TNDC was selected Top Indigenous Business of the Year for Northern BC at the 5th Annual Arctic Indigenous Investment Conference in Whitehorse...Read More

Sprott lifts Q1 earnings on uranium and gold

May 06, 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 mineralsNet income was $6.47 million or $0.26 per share in the first three months of this year, up from $...Read More

Royalty firm Wheaton sees 1Q revenue fall

May 06, 2022 / www.mining-journal.com

The fall was mainly because of a 4% drop in gold equivalent ounces sold due to setbacks at Brazilian miner Vale's Salabo mine operation, Wheaton's largest royalty revenue stream.Read More

Brazil's Vale signs nickel deal with Tesla

May 06, 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 mineralsVale would supply the nickel to Tesla's manufacturing facilities in the US.  It did not give...Read More

Big copper miners disappoint with March quarter production...

May 06, 2022 / www.mining-journal.com

The 9% drop in the copper price from US$4.84 a pound in early April to latest trades at $4.Read More

North American miners caught up in Fed sell-off

May 06, 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 mineralsThe Toronto-based S&P/TSX global mining index fell 4% to 113 on May 5 and 15% off its record...Read More

Dundee's Q1 costs impress

May 06, 2022 / www.mining-journal.com

"With solid performance at Chelopech and Ada Tepe and a continued focus on cost management, we achieved an all-in sustaining cost of US$684 per ounce of gold sold, which is below the low end of our guidance range, and continued to generate significant free cash flow," Dundee's president and CEO David Rae said.Dundee's 2022 AISC guidance is $750-$890/oz. Chelopech is an underground gold-copper mine...Read More

The view from England: Mining events avalanche

May 06, 2022 / www.northernminer.com

Rejoice, in-person events are suddenly back, with Mines and Money, Indaba, PDAC and, of course, the Venice Biennale crowding our calendars. I expect most of you have already made plans to attend the glittering jewel that sits atop the contemporary art calendar every two years. La Biennale di Venezia was founded in 1893 by the Venetian City Council to celebrate the silver anniversary of King Umb...Read More

Green Battery Minerals rises on graphite assays from Berkwood project in Quebec

May 06, 2022 / www.northernminer.com

Shares of Green Battery Minerals (TSXV: GEM) rose to their highest price since mid-January as the company reported its initial assay results from 12 diamond drill holes completed in Zone 6 of its Berkwood graphite project in Quebec. Highlights from the drilling included 29.5 metres grading 27.39% graphite sampled from 28 metres in drill hole BK6-21-01 and 8.2 metres grading 15.51% graphite samp...Read More

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