News and Reports

MMG posts record profit, moves ahead with copper expansion...

March 25, 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 A big rise in zinc and copper prices saw the company's record net profit after tax jump to US$920.5 milli...Read More

Lithium developer Piedmont closes big US raising

March 25, 2022 / www.mining-journal.com

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 goldJP Morgan and Evercore ISI were lead underwriters.Aside from the underwriters, investors bought $113.75 million worth of s...Read More

ValOre doubles Pedra Branca PGM and gold resource

March 25, 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 increase stood at 106% and the company's CEO, Jim Paterson, said that several of the zones that form...Read More

South Star shoots for graphite offtake deal

March 25, 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 Canada-based company announced that it has signed a letter of intent, which will run over a pe...Read More

Black swans in Ukraine

March 25, 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 world has recently had to adjust to some new obvious facts. The immediate human cost of the wa...Read More

Australian company rejects allegations from Spanish...

March 25, 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 Representatives for minor party Unidas Podemos sent the letter directly to some of Rafaella's shareholder...Read More

Diesel drought threatens costs and the viability of...

March 25, 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  While just one of many costs in a mining operation, diesel fuel is an essential item, especially in...Read More

Finalisation of Sprott-led funding boosts prospects for Canada's largest gold-copper-silver projectCopper News

March 25, 2022 / www.mining-journal.com

Seabridge's wholly owned subsidiary, KSM Mining, last month agreed to sell a $255 secured note that would be exchanged at maturity for a silver royalty on its 100%-owned KSM project, which the firmRead More

Western Copper receives final assay results for Casino project

March 25, 2022 / www.mining-journal.com

The results, taken from the deposit core area, have confirmed the presence of long intercepts of grades higher than the average resource grades in neighbouring zones.Results included a 300.23m interval grading 0.70% copper-equivalent and a 248.41m interval grading 0.58% copper equivalent.Drilling in the northeast of the deposit core also returned a 300.23m interval grading 0.57% copper equivalent,...Read More

Analysts warn of demand destruction

March 25, 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 "A look at notional margins enjoyed by miners suggests that the price rises are fragile at best," WoodMac...Read More

Global Gold Snapshot: Eight companies scouring the globe for gold

March 25, 2022 / www.northernminer.com

With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers to watch. ANACORTES MINING Anacortes Mining's Tres Cruces project in North Central Peru. Credit: Anacortes Mining.Vancouver-headquartered?EUR?Anacortes Mining?EUR?(TSXV: XYZ; US-OTC: XYZFF) is exploring its 100%-owned Tres...Read More

Spanish transport strike halts Orvana's Orovalle operation

March 25, 2022 / www.northernminer.com

An ongoing transportation strike in Spain has accentuated supply chain disruptions that have forced Canadian miner Orvana Minerals (TSX: ORV) to suspend operations at the critical Orovalle copper-gold operation in the country's north.In a news release Friday, the company said that the lack of timely supply of materials caused by a national strike of transportation services prompted the temporary s...Read More

Skeena involved in 'ground-breaking' permit process at Eskay Creek

March 25, 2022 / www.northernminer.com

Between 1988 and 2008, the Eskay Creek mine in northwest B.C. produced about 3.3 million oz. gold and 160 million oz. silver, boasting the world's highest average grades of 45 grams gold per tonne and 2,224 grams silver per tonne. Almost a decade after it shut down due to high operating costs and a relatively low gold price, Skeena Resources (TSX: SKE, NYSE: SKE) acquired the property with th...Read More

ValOre Metals doubles PGM resource at Pedra Branca in Brazil

March 25, 2022 / www.northernminer.com

ValOre Metals (TSXV: VO)?EUR?has doubled the mineral resource estimate for its 100%-owned Pedra Branca platinum group metals project in northeast Brazil with several zones within the property still open for expansion, the company said. The project's inferred resource totals 63.5 million tonnes grading 0.03 gram gold per tonne, 0.68 gram palladium and 0.36 gram platinum for contained metal of 61...Read More

New Budget Just Dropped... You'll to Want to See It

March 25, 2022 / www.outsiderclub.com

I knew the number was going to be big - but I didn't know how big.But according to Bloomberg, President Biden plans to request $813.3 billion in national security spending - including $773 billion for the Pentagon - in the federal budget he sends to Congress on Monday, according to officials familiar with the plan.That would be a $31 billion, 4% increase from approved spending for the current fisc...Read More

#Diesel shortage in Europe threatens to slow economic growth #OOTT

March 24, 2022 / www.reuters.com

European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited.Read full newsRead More

Barrick exercises warrants, sells Skeena shares

March 24, 2022 / www.mining-journal.com

Some 2.8 million of the shares were acquired as a result of Barrick exercising warrants on March 23. Skeena received about $30.Read More

Skeena raises $30.4 million from Barrick warrants

March 24, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Skeena Resources Ltd. [SKE-TSXV, SKREF-OTCQX, RXFB-FRA] said it has received approximately $30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. [ABX-TSX, GOLD-NYSE].The warrants were originally issued to Barrick with an exercise price of $10.80 in October, 2020, in connection with Skeena's acquisition of a 100% interest of the Eskay Cre...Read More

Moneta expanding Garrcon

March 24, 2022 / www.mining-journal.com

The holes released today were designed to test both the open pit and underground resource expansion potential at Garrcon and confirmed gold mineralization over a strike length of 750m and width ofRead More

Wallbridge develops into Fenelon deposit

March 24, 2022 / www.mining-journal.com

Preliminary results of tightly spaced underground drilling, geologic mapping and grade control sampling have confirmed the geological modelling and interpretation derived from surface drilling.Read More

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