News and Reports

Codelco output falls 5.7%

May 03, 2022 / www.mining-journal.com

The company, the world's second largest copper producer, attributed the decline to lower grades at its Ministro Hales operation and lower throughput at the Chuquicamata concentrator.Read More

Green fund backs Sovereign capital raising

May 03, 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 Luxembourg-based green energy fund, Thematica Future Mobility, is the "cornerstone" backer of...Read More

BMG returns eye-catching high-grade gold at Abercromby...

May 03, 2022 / www.mining-journal.com

Australian BMG Resources Ltd reported promising high-grade gold results at the Capital Prospect within its Abercromby project in West Australia's goldfields region.Read More

Standard Lithium starts Arkansas PFS

May 03, 2022 / www.mining-journal.com

Standard Lithium has started a preliminary feasibility study at its South West Arkansas lithium project, located around 35 miles west of its Lanxess project.Read More

ArcelorMittal tests green hydrogen at Canada site

May 03, 2022 / www.mining-journal.com

The test was to assess the ability to replace the use of natural gas with green hydrogen in the iron ore reduction process.   During this first test, 6.Read More

The return of oil sands mining

May 03, 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 mineralsSuncor Energy, a C$67 billion Canadian business with a foot in both the mining and oil industries,...Read More

Rumours swirl Anglo plotting $1.5bn Botswana copper...

May 03, 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 minerals Stories are doing the rounds that CEO Duncan Wanblad and his team are casting a slide rule over t...Read More

Petra's Rough Sales Fall by almost 40%

May 03, 2022 / www.idexonline.com

(IDEX Online) - Petra's rough sales tally was down by almost 40 per cent at its latest tender. In March the UK-based miner sold 735,222 carats for $140.6m. In April it sold 635,806 carats for $86.1m, down by 38.8 per cent.Like-for-like rough diamond prices decreased by almost a quarter (23.7 per cent). Like-for-like prices at its March tender were up 37.6 per cent on December 2021.Per-ca...Read More

Christie's Flawless 103-ct Diamond Could Sell for $18m

May 03, 2022 / www.idexonline.com

(IDEX Online) - Christie's New York is to auction a 103.49-ct diamond with a high estimate of $18m.The Light of Africa Diamond is a D color, flawless, Type IIa emerald-cut from the iconic Cullinan mine, in South Africa.It will lead the New York Magnificent Jewels sale on 8 June, as part of Christie's Luxury Week.The diamond (pictured) was cut and polished in South Africa from a 299.3 car...Read More

US Consumers put Brakes on Watch and Jewelry Sales

May 03, 2022 / www.idexonline.com

(IDEX Online) - Jewelry and watch sales in the US slowed suddenly in March.  They were still growing, but at just 8.5 per cent year-on-year, compared with 28.4 per cent in February. Growth in March was the slowest we've seen since January 2020, during the very early days of the pandemic. Year-on-year growth peaked last April - up by an unprecedented 218 per cent - indicating strong...Read More

Anglo's Los Bronces permit denied

May 03, 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 mineralsAnglo American said it is examining the details of the decision and expects to continue following...Read More

NGM: breaking the staffing mould or retention issues?...

May 03, 2022 / www.mining-journal.com

NGM holds three tier-one gold mines (Turquoise Ridge, Carlin and Cortez) within ten underground and 12 open pit mines, two autoclave facilities, two roasting facilities, four oxide mills, a flotationRead More

Australia's worker shortage starting to bite

May 03, 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 mineralsA countrywide shortage of labour, skilled and unskilled, had a significant effect on mine producti...Read More

Artemis Gold inks $312M construction contract for Blackwater plant in BC

May 03, 2022 / www.northernminer.com

Artemis Gold (TSXV: ARTG) has moved closer to the start of construction at its Blackwater gold project in British Columbia with the award of a $312-million, engineering, procurement, construction and commissioning (EPC) contract for the processing plant and associated infrastructure to Sedgman Canada. The contract is expected to be executed by June 30, this year. Construction of the plant, whi...Read More

The Northern Miner Podcast - episode 289: Demand and political risk weigh on mining stocks, ft Global X director of research Rohan Reddy

May 03, 2022 / www.northernminer.com

This week's episode features Global X director of research Rohan Reddy in conversation with host Adrian Pocobelli on mining stocks, market sentiment, the dollar and precious metals. Reddy suggests that mining stock valuations are suffering because of jurisdicitional risk and he expects the rally in uranium to maintain itself based on low supplies.All this and more with host Adrian Pocobelli.Music...Read More

Copper Mountain, Gahcho Ku?(C) receive MAC's 2022 TSM Excellence Awards

May 03, 2022 / www.northernminer.com

The Mining Association of Canada's (MAC) Community of Interest Advisory Panel has selected the Gahcho Ku?(C) mine, owned as a joint venture between De Beers Group and Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVDF), and Copper Mountain Mining (TSX: CMMC) to receive this year's prestigious Towards Sustainable Mining (TSM) Excellence Awards in recognition of their innovative sustainability p...Read More

Ivanhoe eyes Phase 3 expansion at Kamoa-Kakula in the DRC

May 03, 2022 / www.northernminer.com

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has said that the Phase 3 expansion at its Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC) will increase its annual copper production to about 600,000 tonnes by the fourth quarter of 2024, making it the world's third-largest copper mining complex. Commercial production at the operation began on July 1, 2021, with Phase 2 produc...Read More

Unions set to intensify Sibanye-Stillwater strike on exec 'wage wallop'

May 03, 2022 / www.northernminer.com

South Africa's Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater's (JSE: SSW; NYSE: SBSW) local gold mines.Amcu general secretary, Jeff Mphahlele, tells The Northern Miner the union and the rival National Union of Mineworkers (NUM) met with Sibanye-Stillwater on May 2 for another round of...Read More

Deconstructing Ross Beaty: Exclusive interview at the Mining Legends Speaker Series

May 03, 2022 / www.northernminer.com

The Mining Legends Speaker Series kicked off with an inaugural in-person event in Vancouver featuring mining entrepreneur and Canadian Mining Hall of Fame inductee Ross Beaty and rising talent Maggie Layman, vice-president of Osisko Development (TSXV: ODV). Organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals, the series pairs CMHF inductees with accom...Read More

Collapse Is Happening Before Our Eyes

May 03, 2022 / dailyreckoning.com

Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book, Currency Wars (2011), and in several other books in the years since.This process can take many years. For example, the decline of sterling as the leading global reserve currency played out over 30 years from 1914 (the beginn...Read More

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