News and Reports

Newmont buys land for Iskut community

March 30, 2022 / www.mining-journal.com

The mining claims around Iskut are not being purchased for development or their mineral potential.Read More

War in Ukraine: Richemont and Pandora Quit RJC

March 30, 2022 / www.idexonline.com

(IDEX Online) - The Richemont group and Pandora both announced today that they have quit the Responsible Jewellery Council (RJC) over its failure to take a strong enough stand against Russia.Richemont, the Swiss-based company that counts Cartier, Van Cleef & Arpels, Jaeger-leCoultre and Piaget among its 26 maisons, said: "If RJC cannot uphold highest of standards, then we cannot be part of tha...Read More

Gang in $5m Smash and Grab at Beverly Hills Jeweler

March 30, 2022 / www.idexonline.com

(IDEX Online) - A brazen gang of masked raiders used sledgehammers and crowbars to smash the window a jewelry store in Beverly Hills and fled with items valued at up to $5m.They struck in broad daylight on a busy street, in full view of drivers and pedestrians. The five men snatched what they could in a matter of seconds and fled on foot.  The heist was captured by shocked passers-by on...Read More

Chile royalty could threaten 660,000tpy of copper production...

March 30, 2022 / www.mining-journal.com

The royalty bill is currently in the Senate and has already been modified from its original state.Read More

Zinc price to remain high in the near term on Russia-Ukraine conflict - report

March 30, 2022 / www.northernminer.com

Market analyst Fitch Solutions Country Risk & Industry Research has revised its 2022 zinc price forecast higher by more than 20% to US$3,500 per tonne.In a market commentary, Fitch argues that metal prices are being bolstered by the energy crisis stemming from the ongoing Russian invasion of Ukraine that has led to many smelters halting or reducing zinc metal production.Zinc prices have rallied si...Read More

Skeena inks deals to acquire BC-based QuestEx and sell selected properties to Newmont

March 30, 2022 / www.northernminer.com

Skeena Resources (TSX: SKE; NYSE: SKE) has signed a cash-and-stock deal to acquire B.C.-based QuestEx Gold & Copper (TSXV: QEX; US-OTC: QEX) for about $48.6 million. Following the acquisition, Skeena will sell QuestEx's Heart Peaks, Castle/Moat and North ROK/Coyote properties to Newmont (TSX:NGT; NYSE: NEM) for about $27 million as per a separate agreement inked by the two companies. The tra...Read More

NDP MPs table bills for more scrutiny on Canadian companies operating abroad

March 30, 2022 / www.northernminer.com

MPs from the New Democratic Party (NDP) have tabled two private bills aimed at increasing accountability for Canadian companies that violate human rights abroad and have criticized the Liberal Party for not doing enough, days after the two parties announced a confidence-and-supply deal that could allow the Liberals to govern until 2025.MPs Peter Julian and Heather McPherson believe that the bills...Read More

FPX Nickel creates new subsidiary focused on carbon capture and storage

March 30, 2022 / www.northernminer.com

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 capture and storage (CCS). CO2 Lock has raised $1.7 million in a seed round financing, leaving FPX Nickel with an approximately 76% ownership interest (fully diluted) in the subsidiary.CO2 Lock is expected to operate as a st...Read More

Frontier Lithium successfully pilots spodumene concentrate for hydromet conversion

March 30, 2022 / www.northernminer.com

Frontier Lithium (TSXV: FL; OTC: LITOF; FRA: HL2) has successfully concluded a pilot-scale campaign to produce 500 kg of spodumene concentrate that will be used to conduct piloting of a hydrometallurgical conversion process.A 7,800-kg sample of blended material from the Spark (89%) and PAK (11%) deposits - both part of Frontier's PAK project in northwestern Ontario - was collected. It averaged 1.5...Read More

RANKED: World's biggest nickel projects - 2022

March 30, 2022 / www.northernminer.com

Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far this year.This week alone, the price jumped by the 15% daily limit on the London Metal Exchange, adding to a string of sharp price moves as the market seeks to reset following an unprecedented short squeeze and week-long trading...Read More

CRU: US$100B investment needed to fill copper supply gap

March 30, 2022 / www.mining-journal.com

With an estimated 6 million tonnes per year supply gap forecast over the next 10 years Heimlich questioned whether the current pipeline of projects is able to respond given the bigger scaleRead More

BHP dangles $10 billion to Chile

March 30, 2022 / www.mining-journal.com

Chile's recently elected leftist government is considering changes to the country's mining royalty regime to fund its social spending ambitions.Read More

Biden's Blame Plan

March 30, 2022 / www.outsiderclub.com

"Stop making excuses!"Oh boy, I hate that phrase.It might be my least favorite phrase in the English language.But it's not the words I dislike; it's how that phrase is used.Too often, "stop making excuses" is used as a response to what really amounts to a reasonable explanation. And when someone is unhappy with an explanation, they'll often use the phrase as what's known as a "thought-terminating...Read More

AfriTin boosts output as tin prices soar

March 29, 2022 / www.mining-journal.com

Uis exceeded nameplate capacity by 12%, reaching 804 tonnes, as the company ran production hard in response to record tin prices.Read More

Asante Gold makes gold discovery at Bibiani, Ghana

March 29, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Asante Gold Corp. [ASE-CSE; ASGOF-OTC; 1A0-FSE] has identified a high-grade gold discovery in initial drilling at its South Russel prospect. The discovery is located on the company's 100%-owned Bibiani mining lease in Ghana, West Africa, 3.8 km from the process plant.The discovery hole, MGRCD21-047, returned 16 metres at 5.75 g/t gold, and was spotted to test anomal...Read More

Aris to listen to Santander communities

March 29, 2022 / www.mining-journal.com

Previous operator Minesa saw its environmental license application archived by the ANLA National Environmental Licensing Authority in January 2021, effectively stopping the project in its tracks,Read More

Liberty Gold hits loss, eyes Pine prize

March 29, 2022 / www.mining-journal.com

Liberty Gold posted a net loss of US$29.5 million or a loss of US$0.11 per share for 2021, reversing a profit of US$8.6 million and US$0.03 per share the previous year.Read More

Rio buys Rincon lithium

March 29, 2022 / www.mining-journal.com

It comes after the company received Foreign Investment Review Board approval.   Rio announced the acquisition from Sentient Equity Partners' Rincon Mining, just before Christmas.Read More

AfriTin boosts output as tin prices soar

March 29, 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 Uis exceeded nameplate capacity by 12%, reaching 804 tonnes, as the company ran production hard in respon...Read More

CAML delivers dividend surprise despite Sasa headwinds...

March 29, 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 Central Asia Metals shrank its balance sheet by $48.4 million in 2021, bringing net cash to $22.7 million...Read More

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