News and Reports

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

Vale scores multi-year nickel supply deal with Tesla

May 06, 2022 / www.northernminer.com

Vale (NYSE: VALE), the world's top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs) icon with nickel mined in Canada.Confirming markets rumours, the miner said the supply contract fit in its plans to deliver 30% to 40% of Class 1 nickel sales into the fast-growing EV industry.The Rio d...Read More

Two of McEwen Mining's top execs step down

May 06, 2022 / www.northernminer.com

McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons.Chief financial officer Anna Ladd-Kruger will retire to focus on her health and family, the company said. She will depart after reporting is complete and an "orderly transition" is in place.Perry Y. Ing, former McEwen CFO who had the same...Read More

Plunging metals prices expected to rebound in H2 - report

May 06, 2022 / www.northernminer.com

Enduring Covid-19-linked lockdowns in the world's largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report by Fitch Solution Country Risk & Industry Research notes.Nevertheless, market analysts at Fitch maintain their 2022 metal price forecasts as prices generally remain above levels see...Read More

A $2 Trillion Bombshell

May 06, 2022 / www.outsiderclub.com

Let me be clear about something...What we are currently witnessing is the greatest military buildup - the largest global arms race in the history of the world.Globally, total military spending reached more than $2 trillion for the first time in 2021, according to an April report from the Stockholm International Peace Research Institute."Even amid the economic fallout of the COVID-19 pandemic, worl...Read More

OPAWICA Commences Maiden 5,000m Drill Program at Arrowhead

May 05, 2022 / bit.ly

(TheNewswire)Vancouver, B.C. TheNewswire - May 5 th 2022 - Opawica Explorations Inc. (TSXV:OPW) (FSE:A2PEAD) (OTC:OPWEF) (theRead full newsRead More

S&P Global: Exploration recovering

May 05, 2022 / www.mining-journal.com

While non-ferrous exploration budgets increased 35% in 2021 to an eight-year high of US$11.Read More

Trigon secures funding for Namibia copper mine

May 05, 2022 / www.canadianinvestor.com

Share this articleTORONTO - Trigon Metals Inc. [TM-TSXV] shares were active Thursday after the company said it has closed on a $5.5 million convertible security funding agreement with Lind Global Fund 11, LP, an entity managed by the Lind Partners LLC, a New York-based institutional fund manager.Trigon has also entered into a financing letter with Sprott Mining Inc. under which Sprott has agreed t...Read More

GSilver hits bonanza grades, Santa Cecilia development...

May 05, 2022 / www.mining-journal.com

The company reported a true width highlight of 35cm grading 1,956 grams per tonne silver and 12.Read More

S&P Global: Exploration recovering

May 05, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpWhile non-ferrous exploration budgets increased 35% in 2021 to an eight-year high of US$11.Read More

Mining Indaba returns to Cape Town

May 05, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe February 2020 event was held at the start of the COVID-19 pandemic.Read More

US Federal Reserve ups inflation fight

May 05, 2022 / www.mining-journal.com

The increase is the largest since 2000 and raises the bank's federal-funds rate to a target range between 0.75%-1%.Read More

Filo targets winter drilling in Chile-Argentina

May 05, 2022 / www.mining-journal.com

Toronto-listed Filo Mining, backed by a recent C$100 million investment from BHP, is stepping up winter exploration activity at its Filo del Sol copper-gold-silver deposit located in Chile's RegionRead More

Funding shortage looms

May 05, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsThe 2022 Mining Journal Global Finance Report, released in March, characterised the mining industr...Read More

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