News and Reports

Chile Constitution Convention rejects environmental...

April 22, 2022 / www.mining-journal.com

In a close vote, the report and its 52 articles was rejected by five votes and returned to the Committee for further revision.Read More

Obrador nationalises Mexico lithium

April 22, 2022 / www.mining-journal.com

The reform, approved in a record two days, defines lithium as a strategic mineral with the state having the exclusive right to explore, exploit and use lithium, despite the state lacking the abilityRead More

South Africa's miners worry for the future

April 22, 2022 / www.mining-journal.com

But behind the surge in earnings there remain deep seated challenges for the sector, including the cost and availability of electricity delivered by state-owned Eskom and a deterioration in key railRead More

Vital Metals blazing path to commercial production with Canada's first rare earth mine

April 22, 2022 / www.northernminer.com

It's a year of many firsts for Australia's Vital Metals (ASX: VML; US-OTC: VTMXF) and its rare earth elements operation in the Northwest Territories. Following the establishment in 2021 of Nechalacho, Canada's first rare earths mine, Vital's Yellowknife-based subsidiary Cheetah Resources will this week ship its first load of mixed rare earth concentrate to a processing facility in Saskatchewan....Read More

Chile constitution drafters reject mining-adverse proposal

April 22, 2022 / www.northernminer.com

Chile's constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country's natural resources, which would have hit the mining sector if they became law.Among the changes suggested, there was one granting nature the status of a legal subject with rights, keeping environmental crimes free of any statutes of limitati...Read More

The view from England: Miners suffering from unintended consequences

April 22, 2022 / www.northernminer.com

As mining booms, the industry is suffering from the employment consequences of earlier bear-market bites. Most of us are aware from an early age that every action has consequences. Adults learn that these outcomes might be complicated, and that not all are foreseeable. This is especially true when multiple independent corporate decisions are taken that come to have an impact at the global level...Read More

As demand for critical minerals rises, Canada's North hopes to be a clean player

April 22, 2022 / www.northernminer.com

This week, Canada's Minister of Transport, Omar Alghabra, travelled nearly 5,000 km away from his base in Ontario to Yellowknife in the Northwest Territories, not to make a new announcement, but to promote elements of this year's federal budget tabled in early April that allocates a massive $3.8 billion to support the country's critical minerals sector. Standing in front of an Air Tindi plane at...Read More

Codelco to create mining carbon footprint calculator

April 22, 2022 / www.northernminer.com

Chile's Codelco, the world's largest copper producer, is developing a free-to-use platform for suppliers to calculate their greenhouse gas emissions (GHG), a service the company said is not currently available in the mining industry.The project, supported by the Inter-American Development Bank (IDB), the Alta Ley Corporation and the Association of Industrial Mining Suppliers (Aprimin), aims to me...Read More

Hycroft moving to centre stage

April 22, 2022 / www.mining-journal.com

At the time, president and CEO Diane Garrett, said the financing would be transformational for the company, as the funds will enable the company to continue advancing the metallurgical and processRead More

One Simple Trick Made Congress Rich - Time for You to Do the Same

April 22, 2022 / www.outsiderclub.com

In the past 40 years, the median net worth of members of Congress has quadrupled - even when adjusted for inflation.Meanwhile the real median household income has improved by just 27%.In fact, more than half of the people serving in Congress are millionaires, representing less than 1% of the population.How did they get so rich?Well, it's not the salary...We know that because the annual salary of a...Read More

An Explosion Is Coming

April 22, 2022 / dailyreckoning.com

Did you catch the absolute frenzy about Elon Musk's proposed takeover of Twitter? Employees at Twitter were falling on their fainting couches repeatedly.The Washington Post warned of the grave danger to democracy.Now think about this. This is a highly censored platform. They ban you for raising questions about vaccines. You are dinged for wondering a bit about Zelenskyy's war drums. They body-bag...Read More

UPDATED: Eight workers missing at Trevali's Perkoa mine as flooding suspends operations

April 21, 2022 / www.northernminer.com

Eight workers from Trevali Mining's (TSX: TV; US-OTC: TREVF) Perkoa zinc mine in Burkina Faso have been missing for five days as flooding caused by heavy rainfall in Burkina Faso on Apr. 16 disrupted operations, the company said. In an updated statement on Apr. 21, the company said that the eight workers were yet to be found and that the company had decided to suspend its production guidance for...Read More

Nevada Sunrise drills 950.57 ppm lithium over 200 feet at Gemini, Nevada

April 21, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Nevada Sunrise Gold Corp. [NEV-TSXV; NVSGF-OTC] reported intersecting lithium mineralization over significant widths in the inaugural drilling program at its 100%-owned Gemini lithium project, located in the Lida Valley basin in Esmeralda County, Nevada. Drilling began in the second week of March 2022 and concluded in the first week of April 2022. Two boreholes were...Read More

Judge orders Libero to stop Mocoa exploration

April 21, 2022 / www.mining-journal.com

The judge ordered the suspension on the grounds that the no prior consultation process had been undertaken with local communities.Read More

Freeport-McMoRan shares fall on cost concerns

April 21, 2022 / www.mining-journal.com

Shares in the firm fell 6% or $3.14 to $46.70 on the New York Stock Exchange following the new guidance. Average unit net cash costs in first-quarter 2022 were $1.Read More

Anglo American cuts iron ore, coal guidance

April 21, 2022 / www.mining-journal.com

"Production in the normally slower first quarter was 10% lower than the same period in 2021, impacted by peak Covid-related absenteeism, high rainfall affecting operations in South Africa and Brazil,Read More

US Fed looks for way out

April 21, 2022 / www.mining-journal.com

Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThree events occurring in quick succession are combining to set the scene for a once in a generation economic policy challenge.Read More

GIA to Verify Diamonds' Country of Origin for Consumers

April 21, 2022 / www.idexonline.com

(IDEX Online) - The GIA grading lab says it will soon be able to tell retailers and consumers which country their diamonds come from.It says it is developing a service called Source Verify, that buyers will access through its online Report Check service at no extra cost.GIA (Gemological Institute of America) does not specifically mention sanctions on Russian diamonds, but president and CEO Susan J...Read More

Petra's Revenue up a Third as Diamond Prices Surge

April 21, 2022 / www.idexonline.com

(IDEX Online) - Petra Diamonds says revenue increased by a third (33 per cent) in the last quarter to $140.6m, driven by a surge in prices.The UK-based miner said like-for-like prices at its March tender were up 37.6 per cent on December and a 157.88ct Type IIa white stone from its Cullinan mine sold for $5.5m.CEO Richard Duffy spoke of a "positive outlook for the business" in a trading update pub...Read More

Record revenue for Base in hot mineral sands market...

April 21, 2022 / www.mining-journal.com

Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThe US$740/t achieved compares to the $459-668/t recorded in the previous four quarters and represents a revenue to cost ratio of 3.3 to 1 - ver...Read More

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