News and Reports

Noram Lithium gets Zeus drilling permits

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

"With a robust treasury now exceeding C$18 million, we are now fully financed to execute our goal of aggressively further de-risking the Zeus project," said Noram chief executive SandyRead More

GSilver takes new OCIM pre-payment facility

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

The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld 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 pre-payment facility is for an 18-month term, secured against t...Read More

Barrick exercises warrants, sells Skeena shares

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

Look beyond market approach to project valuations: van ZylLeadershipThe tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldSome 2.8 million of the shares were acquired as a result of Barrick exercising warra...Read More

Atlantic boosts Eowyaa resource

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

Total indicated and inferred resources have risen by 42% to 30.1 million tonnes of lithium oxide, beating its target of increasing the resource to 24 million tonnes.Read More

US Treasury warns on gold transactions with Russia...

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

Treasury cited Executive Order 14024 which authorised sanctions against "persons determined to be responsible for or complicit in, or to have directly or indirectly engaged or attempted to engage in,Read More

Inflation risk stifles commodity leverage

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

The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld 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 Venture Minerals is confronting a typical top of the cycle phenomen...Read More

War in Ukraine: Britain Announces Sanctions on Alrosa

March 24, 2022 / www.idexonline.com

(IDEX Online) - The British government today announced sanctions against Alrosa.It named the diamond producer as one of 65 new Russian businesses and individuals being sanctioned in a move to "to cut off vital industries fuelling Putin's war machine".A statement from Foreign Secretary Liz Truss (pictured) describes Alrosa as "the world's largest diamond mining company specializing in exp...Read More

Millennials and Gen-Zs Opt for Lab Growns

March 24, 2022 / www.idexonline.com

(IDEX Online) - Young adults are more likely to buy a lab grown than a mined diamond, says new research.Forty-four per cent said they'd opt for a lab grown, compared to 32 per cent who said they'd buy a mined diamond. The remaining 22 per cent were unsure.Size and price were the key factors for Millennial and Gen-Z shoppers, according to market research company the MVEye, which quizzed 7...Read More

Two Thirds of Tiffany Staff Leave after LVMH Buyout

March 24, 2022 / www.idexonline.com

(IDEX Online) - Two thirds of Tiffany & Co employees have left the company since the LVMH buyout last January.The current workforce is "one-third original Tiffany staff, one-third LVMH veterans, and another equal share coming from outside both companies," says the fashion Bible WWD, after an interview with the jeweler's president and CEO Anthony Ledru.He said: "We are living in a fast-mov...Read More

8.82-cts Purple-Pink Diamond Could Sell for $6m

March 24, 2022 / www.idexonline.com

(IDEX Online) - An extremely rare 8.82-ct fancy intense purple-pink pear modified brilliant-cut diamond, set in a platinum ring with two smaller stones, is to be auctioned with a high estimate of $6m.It is among the highlights at Christie's Magnificent Jewels auction in New York on 13 April.The Fuchsia Rose diamond (pictured) is certified by GIA as "VVS1 clarity, potentially Internally Flawle...Read More

Company will advance engineering and environmental studies in Northern PeruCopper News

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

The funds are being raised through a private placement with the Lind Global Fund II, LP, and is to comprise an initial C$3 million investment, followed by C$7 million of additional investments upon mutual agreement. For the initial C$3 million, Candente is to issue Lind convertible security with a value of C$3.6 million and a 24-month maturity date. The company will concurrently issue wa...Read More

Atlantic Lithium shares rise on new Ghana resource estimate

March 24, 2022 / www.northernminer.com

The London-quoted equity of Atlantic Lithium (AIM: AAL) has more than doubled over the past 12 months after the company reported on March 24 a new resource estimate on the Ewoyaa deposit in Ghana had expanded the compliant resource base by 42%.Sitting within the company's Cape Coast Lithium Portfolio, the West Africa asset now sports a Joint Ore Reserves Committee-compliant indicated and inferred...Read More

BDO study shows that mining sector needs to rebrand to attract Gen Z talent

March 24, 2022 / www.northernminer.com

About 70% of Canadians born in the mid-1990s aren't interested in pursuing careers in the mining or oil and gas industries reveals a new survey, based on 148 'Generation Z' respondents from school and universities. The global study by BDO, an accounting and business advisory group, also states that nearly half of the world's natural resources organizations find it difficult to attract and retai...Read More

Commodity price spikes could signal lasting market changes - report

March 24, 2022 / www.northernminer.com

Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tension, could result in long-lasting market changes.In recent months, factors including the Russia-Ukraine conflict, stimulated economies, thriving post-pandemic demand, and ongoing Covid constraints on logistics have put supply chains under immense stress, triggerin...Read More

New Found drills 69.2 grams gold over 14.2 metres at Golden Joint, demonstrating width of high-grade vein

March 24, 2022 / www.northernminer.com

New Found Gold (TSXV: NFG) has released assay results from 23 diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint and Lotto discoveries, located within a 1-km segment of the Appleton fault zone (AFZ).This corridor is part of more than 20 km of prospective strike along the regional-scale Appleton and JBP fault zones on the the company's flagship Queensway p...Read More

Aclara Resources withdraws EIA application for its Penco Module project in Chile

March 24, 2022 / www.northernminer.com

Hochschild Mining's (LSE: HOC) rare earths spin-off Aclara Resources (TSX: ARA) has withdrawn an environment impact assessment (EIA) application for its Penco Module project in central Chile to resolve issues raised by the South American nation's government on the protection of local flora and fauna. The company, which is focused on developing rare earth mineral resources and providing a supply...Read More

Ariana Resources rises on Newmont exploration alliance

March 24, 2022 / www.northernminer.com

The London-quoted equity of Ariana Resources (AIM: AAU) gained more than 10% on Thursday after it announced an exploration alliance with the world's biggest gold producer, Newmont Corp (NYSE: NEM, TSX: NGT).The alliance will focus on copper and gold exploration in south-eastern Europe via Ariana's 75%-owned Western Tethyan Resources (WTR) subsidiary, focusing on prospective regions within Bosnia a...Read More

Wallbridge goes underground at Fenelon Area 51 zone to confirm continuity and grade

March 24, 2022 / www.northernminer.com

Wallbridge Mining Company (TSX:WM; OTC: WLBMF) has finished the underground development allowing it direct access to the Area 51 zone at its flagship Fenelon gold project. The deposit is 75 km northwest of Matagami in northern Quebec.The company calls reaching the Area 51 zone a 'significant milestone' in that it allows tightly spaced underground drilling, geologic mapping and grade control sampli...Read More

Putin for Sainthood?

March 24, 2022 / dailyreckoning.com

We recently nominated Mr. Vladimir Putin for a Nobel Prize. Today we elevate him once again, to a roll of honor higher yet.That is, we nominate him for membership in the canon catalog of saints...He suffers the blackened reputation of a brutish and even homicidal fellow - a reputation hard earned, it is true.Yet he has performed something of a miracle; hence our nomination. He has succeeded in uni...Read More

Orla Mining lays out its Mexico and Panama exploration aims

March 24, 2022 / www.northernminer.com

Following the first gold pour in December at Orla Mining's (TSX: OLA; NYSE: ORLA) Camino Rojo oxide gold mine in Mexico, the company is embarking on a 2022 exploration strategy that seeks to drive more value through the drill bit, COO Andrew Cormier tells The Northern Miner.The Vancouver-based developer is currently ramping up production and anticipates declaring commercial production at its first...Read More

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