News and Reports

Stakiw to steer Element 29 to Peruvian copper production...

April 01, 2022 / www.mining-journal.com

"With 2022 developing as a year of significant milestones at both Elida and Flor de Cobre, I see strong opportunity to enhance the company's market profile and valuation," the incoming presidentRead More

Osisko Gold lands US$250 million

April 01, 2022 / www.mining-journal.com

 The offering of 18.6 million common shares, announced on March 17, was done at a price of US$13.45 per share.   Read More

IDEX Price Report for 1 April: Price Rises Continue, Especially for Rounds

April 01, 2022 / www.idexonline.com

(IDEX Online) - Prices kept rising overall during March, but there were more price drops among both rounds and fancies than we have seen of late.Rounds Price increases again dominated for most sizes, although there were more drops than in recent months. Among 1.50-cts-4.99-cts most goods K+ and SI3+ saw prices rise.  There were price rises in 1.00-cts-1.24-cts among J+ and SI1+, but a sm...Read More

Biden invokes Defense Act on critical minerals

April 01, 2022 / www.mining-journal.com

US mining firms, especially those developing lithium projects which will be used in the move to electric vehicles, welcomed the news.Read More

Torex Gold updates Morelos Complex plans

April 01, 2022 / www.northernminer.com

Torex Gold Resources (TXG.TO) has released an updated technical report for the Morelos gold complex in Mexico, including an integrated life of mine plan and economics for the El Lim??n Guajes mine and the Media Luna project.The company outlined the Morelos complex's net present value at US$458 million with a 16.1% internal tax return, based on a 5% discount rate.Annual sales were estimated at 374,...Read More

Miners welcome Biden's Defense Production Act use as 'urgently' needed

April 01, 2022 / www.northernminer.com

Mining companies and analysts have described U.S. President Joe Biden's decision to authorize the Defense Production Act to increase battery metals production and reduce the country's reliance on China and Russia as an "urgent" move that provides "further proof" of the minerals' growing importance in the geopolitical arena. The act gives the president authority to prioritize the production of sp...Read More

Operating troubles hold back Nevada Copper

April 01, 2022 / www.northernminer.com

Shares of Nevada Copper (TSX: NCU) traded at their lowest value this year after the company revealed in its annual report that the ramp-up of its Pumpkin Hollow underground copper mine in Nevada continued to struggle in the first quarter of 2022. The company said it had lost a scoop due to a stope's sidewall failure in its underground mine earlier this year. "As a result, the company was not abl...Read More

Chile environmental regulator files charges against Teck at Quebrada Blanca

April 01, 2022 / www.northernminer.com

Teck Resources (TSX: TECK.A | TECK.B) (NYSE: TECK), Canada's largest diversified miner, is facing eight charges filed by Chile's environmental regulator SMA, which claims the miner failed to comply with measures to avoid impacts on vegetation and animals at its Quebrada Blanca copper mine.The agency said audits carried out in 2019, 2020 and 2021 at the operation, located in Chile's northern Ta...Read More

Serbian elections to reshape debate on Rio Tinto's Jadar project

April 01, 2022 / www.northernminer.com

Rio Tinto (ASX, LON: RIO) might have the licence for its $2.4 billion lithium project in Serbia reinstated should the country's pro-mining president, Aleksandar Vu??i??, and his ruling Serbian Progressive Party (SNS) win the elections this weekend, analysts say.The country heads to the polls on Sunday to vote for both president and parliament, with opinion surveys showing that Vu??i?? is likely to...Read More

Li-ion battery breakthrough improves safety profile

April 01, 2022 / www.northernminer.com

U.S. and China-based researchers have developed a 3D, interconnected, thermally-conductive boron nitride network that greatly improves thermal conductivity in lithium-ion batteries.In a paper published in the journal Green Energy & Environment, scientists explain that although electric cars travel longer distances with shorter battery charging times, the lifespan of those batteries has also decrea...Read More

AGA posts 3.4Moz at Silicon

April 01, 2022 / www.mining-journal.com

The resource is based on 127 drill holes for 54,893m, with the company stating that it is a large low-grade deposit, with a smaller high-grade core which lends itself to conventional large-scale open pit mining. The resource does not include the Merlin zone, 2km south of Central-Silicon, and on the same structural trend.The company said it evaluated three broad flowsheets in a conceptual study to...Read More

The End of Pax Americana?

April 01, 2022 / www.outsiderclub.com

While the U.S. sits comfortably distant from any potential foes, a startling new set of numbers was just released by the United Nations.We are now seeing the most armed conflicts across the globe since the end of World War II.In many ways, it marks the end of an era.Pax Americana has long been used to describe the relative peace we've seen over the last fifty years.Many terrible wars were fought,...Read More

This Proposal Is Outrageous!

April 01, 2022 / dailyreckoning.com

Two years ago, I was in a debate about a crazy idea being floated around at the time. It was about a new kind of tax, not on income but on wealth. There was already something legally sketchy about the idea.It is pure punishment for increased value of assets even if they were never converted into income.How can it possibly make sense that you should pay taxes on the market value of something that i...Read More

Victory Completes Smokey Lithium Drilling Program Phase One

March 31, 2022 / bit.ly

Phase One, 3 of 15-hole Drill Program, is focused on determining the relationship to High Li Zone on the adjacent Jindalee PropertyExploration team is optimistic, as the third hole drilled demonstrated as thick sequence of claystone/siltstone with minimal overburdenGeologic data from core logging is...Read full newsRead More

Usha Resources Acquires Drill-Ready Lithium Project in Nevada

March 31, 2022 / bit.ly

Usha Resources Ltd. (Read full newsRead More

RT @1969Enigma: $USHA $USHAF @UshaResources

March 31, 2022 / www.accesswire.com

VANCOUVER, BC / ACCESSWIRE / March 31, 2022 / Usha Resources Ltd. (Read full newsRead More

RT @Cdn_Mining_Jrnl: FPX Nickel creates new subsidiary focused on carbon capture and storage

March 31, 2022 / ow.ly

FPX Nickel (TSXV: FPX; OTC: FPOCF) is establishing a new subsidiary company, CO2 Lock Corp., that will pursue opportunities in large-scale, low-cost and permanent carbon [...]Read full newsRead More

Tharisa takes majority stake in Karo

March 31, 2022 / www.mining-journal.com

Tharisa has exercised a farm-in option to invest US$27.0 million to increase its stake in Karo Holdings from 26.8% to 66.3%. The balance of the project will by held by The Leto Settlement.Read More

Megumagold drills 3.46 g/t gold over 23.28 metres at Elmtree, New Brunswick

March 31, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Megumagold Corp. [NSAU-CSE; NSAUF-OTC; 2CM2-FDSE] reported drilling a thick core intervals ranging up to 3.46 g/t gold over 23.28 metres, including samples grading up to 12.6 g/t gold over 1.35 metres, at the 100%-owned Elmtree gold project, located in New Brunswick, Canada. All seven holes were drilled into the west gabbro zone (WGZ) for a total of 707 metres. Refe...Read More

Hot Chili boosts Costa Fuego resource

March 31, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWest Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.The high-grade component of 156 million tonnes at 0.79% copper equivalent is within overall indicated resources of 725Mt at 0.47% copper equivalen...Read More

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