Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains.Moody's Investors Service released a report on Apr. 6 flagging spiking prices for commodities Russia is a crucial producer of. These include aluminum, zinc, nickel, copper, gold and metallurgical and thermal coa...Read More
Kinross Gold (TSX: K; NYSE: KGC) is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ont., by the end of the year. The gold miner, which paid $1.8 billion in cash and shares for Great Bear in a deal that closed in late February, plans to start a prefeasibility study on the project in 2023. With 10 drill rigs at work at Dixie, Kinros...Read More
With the addition of a first resource for the Larkin Zone at its Beta Hunt mine in Western Australia, Karora Resources (TSX: KRR; US-OTC: KRRGF) has increased its measured and indicated gold resources, net of depletions, by 8% and its inferred resources by 43%. The Larkin Zone holds 1.4 million tonnes grading 2.6 grams gold per tonne for 119,000 oz. gold in the measured and indicated category....Read More
Colombia plans to hold two bidding rounds - one for gold and one for coal exploration contracts - before the end of June, as part of ongoing efforts to strengthen the country's mining sector.Speaking at the ELAMI mining conference held this week, the president of the national mining association ANM, Juan Miguel Dur??n, said the first round of bids will be launched this month and will focus on coa...Read More
According to a recent Associated Press-NORC Center for Public Affairs Research poll, most Americans are giving Biden far more credit than they should.About 40% are giving him far more credit than they should for prices at the pump, in particular.The simple fact of the matter is that Biden's administration has less control than it wants. And far less control than Americans think it has.A historic o...Read More
Our fathomless disfaith in experts is validated yet again...The United States Department of Labor issued December's unemployment figures this morning.A Dow Jones survey of economic wiseacres soothsaid that December would register 422,000 fresh jobs. How many fresh jobs did December register?199,000 - under half the projected figure.Here Mr. Nick Bunker, economic research director with Indeed, wrin...Read More
Falcon Gold Corp. (TSX-V:FG)(FRA:3FA)(OTCQB:FGLDF); (Read full newsRead More
Steppe Gold Limited (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (Read full newsRead More
Graphite One (GPH: TSXV; US-OTC: GPHOF) has signed a non-binding memorandum of understanding (MOU) with battery materials recycler Lab 4 to build a recycling facility for end-of-life electric vehicle (EV) and lithium-ion batteries in Washington state. With the proposed recycling division, the company aims to bring "the full circular economy" to the U.S. graphite supply chain, the company said. "...Read More
The placement, priced at 13c per share, with one 18c option per two shares expiring in 2025 also offered, comes just two months after the company raised $7 million at 5c in another placement. EUR said the cash would be used for "strategic land acquisition", extensional drilling and metallurgical test work at Wolfsberg, and resource studies at could add to the existing 12.8 million tonne at 1%...Read More
Share this article VANCOUVER - Westhaven Gold Corp. [WHN-TSXV; WTHVF-OTC] reported drill results from its continuing drill campaign at its 10%-owned, 17,623-hectare Shovelnose gold property located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 km south of Merritt, southwestern British Columbia.Gareth Thomas, President and CEO, commented: "We are p...Read More
Look beyond market approach to project valuations: van ZylLeadershipWest Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldThe placement, priced at 13c per share, with one 18c option per two shares expiring in 2025 also offered, comes just two m...Read More
The firm has also amended its US$50 million senior secured term loan facility to gain financial flexibility in addition to its main owner's funding which will be in the form of a new US$15 millionRead More
The mine - which supplies Sumitomo Corporation in Japan - produced a record 9.1 million pounds of payable copper in the first quarter of this year, up 70.7% from 5.3 million pounds year-on year.Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The audit by the tax authority Canada Revenue Agency (CRA) covered the firm's filings for tax years 2012-...Read More
(IDEX Online) - US President Joe Biden is under pressure from a group of congressmen to impose effective sanctions on Russian diamonds.Lawmakers say current restrictions, announced on 11 March, will have a negligible effect because they only prohibit the importation of rough diamonds, not gems that have been cut and polished outside Russia.They urge the Biden administration to close the loophole t...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has suffered further backlash over its refusal to cut ties with Russia. Kering, French owner of Boucheron (pictured), Gucci, Alexander McQueen and Yves Saint Laurent, has left the the London-based watchdog over its "inability to face the current situation in Europe" in a manner consistent with its values.Bulgari's jewelry boss Mauro...Read More
(IDEX Online) - The Moscow Diamond Bourse (MDB) has suspended its membership of the World Federation of Diamond Bourses (WFDB) in response to Russia's invasion of Ukraine.Trading at the bourse ceased on 7 March, two weeks after troops entered the country."We look forward to see the end of hostilities and hope that we all will be able to return to normal in the future," MDB president Alex Popo...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Modern life is fundamentally dependent on the metals, energy and chemicals that the natural resources sec...Read More
A judge of the Federal District of Alaska is expected to render a decision soon in a dispute regarding the development of a 340-km, east-west-running controlled industrial access road that would provide access to the Ambler Mining District in northwestern Alaska.In its first-quarter financial report released on Wednesday, Trilogy Metals (TSX: TMQ; NYSE American: TMQ) revealed that the U.S. Departm...Read More