News and Reports

Albemarle, Mineral Resources to speed up Wodgina lithium mine restart

April 05, 2022 / www.northernminer.com

Albemarle (NYSE: ALB) and its partner Mineral Resources (ASX: MIN) will speed up the restart of production at their jointly owned Wodgina lithium mine in Australia to respond to "unprecedented" demand for the battery metal.The companies, which modified in February their ownership of Wodgina to make it a 50-50 split, now expect first spodumene concentrate production from Train 1 operations in M...Read More

Kinross Gold sells Russian assets to Highland for US$680M

April 05, 2022 / www.northernminer.com

Kinross Gold (TSX:G; NYSE:KGC) is selling its Russian assets to Highland Gold Mining for a total of US$680 million in cash, the Canadian miner said on Tuesday, a month after suspending its operations in the country.Along with needing to comply with Western sanctions against Moscow over its invasion of Ukraine, several companies with exposure to Russia have taken steps to avoid reputational damage...Read More

Did You Hear About the Crashed Russian Jet?

April 05, 2022 / www.outsiderclub.com

Did you hear about the Russian jet that crashed outside of Kyiv?It ran out of coal.Kidding.But if Ukrainian intelligence is accurate, 150 Russian aircraft have been successfully downed over the course of the war so far.And if British intelligence is correct, at least one of those jets was shot down by fellow Russians in a friendly-fire incident."We've seen Russian soldiers - short of weapons and m...Read More

Nobel Provides Drill Results From Initial Program, La Salvadora Copper Project, Chile

April 04, 2022 / bit.ly

Nobel Resources Corp. (TSX-V: NBLC; OTC: NBTRF) (theRead full newsRead More

RT @1969Enigma: $USHA @UshaResources @Volt_Strategic @USHAF

April 04, 2022 / www.accesswire.com

NOT FOR DISTRIBUTION OR DISSEMINATION TO THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / April 4, 2022 / Usha Resources Ltd. (Read full newsRead More

RIP: Roger Ellis

April 04, 2022 / www.mining-journal.com

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  Roger was an experienced geologist, who brought his love of the subject to bear in his editing of t...Read More

China eyes Bolivia's lithium, EnergyX deploys DLE pilot...

April 04, 2022 / www.mining-journal.com

Bolivia authorized several groups to take samples from its salars, or salt lakes, to develop pilot DLE projects capable of producing lithium-ion battery grade lithium hydroxide.Read More

Australian government backs new rare earth refinery...

April 04, 2022 / www.mining-journal.com

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 company said the board took the decision after completion of a feasibility study that suggested offer...Read More

Ascot sinks after Sprott pulls funds

April 04, 2022 / www.mining-journal.com

Shares in the firm fell 10.7% or C$0.12 to C$1.00 on the Toronto Stock Exchange.Read More

TMC pushes boat down in battery adventure

April 04, 2022 / www.mining-journal.com

Canada-based The Metals Company (TMC), which is aiming to develop deepsea polymetallic nodules in the Pacific Ocean, has successfully lowered its pilot nodule collector vehicle to the North Sea seabedRead More

EMX Royalty hit by Nevada woe

April 04, 2022 / www.mining-journal.com

EMX Royalty posted a loss of C$29.7 million for 2021, higher than the C$6 million loss made in the previous year.  The loss included C$10.Read More

Mercury, the Planet with 1,000,000,000,000,000 Tons of Diamonds

April 04, 2022 / www.idexonline.com

(IDEX Online) - The planet Mercury could be awash with diamonds, say experts.Their research suggests its heavily-cratered surface could be home to 16 quadrillion tons of diamonds.A quadrillion is a million billion - or one followed by 15 zeros. And that measurement is in tons, not carats.The research was presented at the Lunar and Planetary Science Conference (LPSC) in Houston, Texas, USA. Ke...Read More

Metal road blocks

April 04, 2022 / www.mining-journal.com

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 That view was evident in comments made last week by the Governor of the Bank of England, Andrew Bailey, w...Read More

Alrosa Quits RJC due to "Unprecedented Realities"

April 04, 2022 / www.idexonline.com

(IDEX Online) - Alrosa has quit the Responsible Jewellery Council (RJC).The move came days after the RJC's own executive director resigned in frustration that the miner - a third owned by the Russian government - had been allowed to remain as a member.Alrosa stood down as vice chair of the London-based watchdog shortly after Russia invaded Ukraine on 24 February, but did not suspend its membe...Read More

India Probes Alleged $200m Rough Diamond "Round-Tripping" Scam

April 04, 2022 / www.idexonline.com

(IDEX Online) - Allegations of a $200m rough diamond and foreign exchange scam involving customs officers in Mumbai are being investigated by India's Directorate of Revenue Intelligence (DRI), the Free Press Journal reports.The Mumbai-based newspaper says the DRI stumbled upon corrupt "hawala" transactions - money transfer without money movement - allegedly carried out with the connivance of...Read More

Slowdown in the IDEX Polished Price Index

April 04, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index rose steeply over a couple of days early in March, but declined steadily day by day during the rest of the month. The initial leap outweighed subsequent losses, so the Index closed up 0.54 per cent on the start of the month, setting another decade-high record.  But the trend since the 5th of the month has clearly been downwards...Read More

Rio avoids strike at US copper operation

April 04, 2022 / www.mining-journal.com

It followed seven weeks of negotiations and involves around 1,300 union employees at the copper complex which is near Salt Lake City.Read More

Dundee extends Chelopech's life

April 04, 2022 / www.mining-journal.com

"Our updated mineral reserve estimate is an indication of Chelopech's consistent track record of replacing mineral reserves, and we believe there is strong potential to continue this trend," president and CEO of Dundee David Rae said. The new life-of-mine plan predicts gold production in 2022 of 171,000oz, which is up from the previous plan's 158,000oz. There has been little change to 2023 an...Read More

Avalon partners with India's Essar Group to build Ontario lithium refinery

April 04, 2022 / www.northernminer.com

Ontario's strategic push to establish a fully integrated lithium-ion battery supply chain got a massive boost on Monday after Avalon Advanced Materials (TSX: AVL) reached an agreement with India-based Essar Group to fund and provide development support for a lithium refinery in Thunder Bay.Avalon and RenJoules International have partnered to co-develop a regional lithium battery materials supply c...Read More

Hemlo Explorers stock jumps 53% as Barrick weighs Pic earn-in

April 04, 2022 / www.northernminer.com

The Toronto-quoted equity of Hemlo Explorers (TSXV: HMLO) jumped more than 53% on Monday after the company revealed it had entered a binding term sheet with Barrick Gold (TSX: ABX; NYSE: GOLD) that will give Barrick a right to earn up to 80% of the Pic project in Ontario.Located 25 km west of Barrick's Hemlo mine, Barrick will have to deliver to Hemlo Explorers a pre-feasibility study within six...Read More

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