News and Reports

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Hochschild Mining's (LSE: HOC) rare earths spin-off Aclara Resources (TSX: ARA) has withdrawn an environment impact assessment (EIA) application for its Penco Module project in central Chile to resolve issues raised by the South American nation's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

Axis to Allies: Two Nations Are About to Transform

March 24, 2022 / www.outsiderclub.com

This new world is chaotic and leveraged to the hilt. It is also desperately dysfunctional.Nowhere else it is more obvious than in two countries -both reduced to ashes in World War II. Both long since rising, phoenix-like, except in one key sector.Finally, 80 years later, the mantle of history and shame are being shed in the face of necessity.Let's dive a bit into where Germany and Japan stand toda...Read More

St. James Gold advances on Yukon drilling news

March 23, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - St. James Gold Corp [LORD-TSXV, LRDJF-OTCQB, BVU3-Frankfurt] on Wednesday released assay results from initial drilling at its Florin gold project in the Canadian Yukon. The company said assay results from five of the 16 initial diamond drill holes are "encouraging.''"These latest results show broad intersections of gold, including intermittent higher-grade intervals...Read More

Filo Mining steps up exploration with BHP funding

March 23, 2022 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook 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.Two additional diamond rigs are being mobilized to site, bringing the total diamond rig count to seven. The...Read More

Rockfire announces maiden resource for Copperhead

March 23, 2022 / www.mining-journal.com

Rockfire has drilled five diamond drill holes to validate the historical results from the 1970s, allowing for a JORC resource of 64 million tonnes 0.Read More

Sweetwater growing revenues with sustainability focus...

March 23, 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 company has 12 trona production royalties on assets in Wyoming,...Read More

Canada rail stoppage will have impact, says fertilizer...

March 23, 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 Read More

Diamond Foundry Sues US Government over Polishing Tariffs on China

March 23, 2022 / www.idexonline.com

(IDEX Online) - Diamond Foundry is suing the US government over the "egregious" tariffs it has to pay to have its lab growns polished in China.The Silicon Valley start-up, which counts Leonardo DiCaprio among its high-profile backers, says the tariffs are higher than the actual cost of the polishing.It blames former president Donald Trump for imposing four punitive increases during his term, and J...Read More

Eric Clapton's Gold Rolex set to Fetch over $1.6m

March 23, 2022 / www.idexonline.com

(IDEX Online) - A Rolex watch that belonged to British rock icon Eric Clapton is expected to fetch at least $1.6m at auction.The gold Daytona (pictured), known as the Crazy Doc (reference 6239) leads The Geneva Watch Auction: XV by Phillips in association with Bacs & Russo.Clapton, 76, bought the watch in Italy in 1990 and went on to sell it at auction in 2003.Other highlights of the sale, to...Read More

Manufacturers Switch Rough Imports from Mumbai to Surat

March 23, 2022 / www.idexonline.com

(IDEX Online) - Diamond manufacturers in Surat are now importing the vast majority of rough direct to the city, rather than via Mumbai.In the financial year to March 2020, rough imports to both cities were on a par, at just over $6bn.But in the 10 months to February 2022, Surat imported $13.2bn of rough, almost four times as much as Mumbai's $3.7m, according to new figures from the Gem and Je...Read More

AngloGold to resubmit Quebradona permit application...

March 23, 2022 / www.mining-journal.com

The company saw ANLA archive its environmental licence application in October 2021 on the grounds that it did not have enough information to decide on the viability of the project.Read More

AngloGold's Calderon promotes gold's green credentials...

March 23, 2022 / www.mining-journal.com

A focus on ESG and decarbonisation has left some wondering what gold mining's role is in the world. Calderon made a strong case for gold mining during a speech to the Melbourne Mining Club yesterday.Read More

War in Europe but copper is outperforming...

March 23, 2022 / www.mining-journal.com

The relationship between gold and copper reflects economic and political sentiment.Read More

Ivanhoe's Kamoa-Kakula phase two starts early

March 23, 2022 / www.mining-journal.com

Most recently, the 3.8 million tonne per year plant had been scheduled to start in April and Ivanhoe said the early hot commissioning is four months ahead of the original development schedule. It doubles the size of the mine's concentrator plant. Ivanhoe's co-chair Robert Friedland said the commissioning is a big step towards establishing Kamoa-Kakula as one of the two largest copper mining c...Read More

B2Gold grows Anaconda resource in Mali by nearly five times

March 23, 2022 / www.northernminer.com

B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More

Stellantis and LG Energy to invest $5B in EV battery plant in Windsor

March 23, 2022 / www.northernminer.com

Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More

The view from England: Gold's copper foil

March 23, 2022 / www.northernminer.com

Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More

Capstone Mining completes Mantos merger, becomes Capstone Copper

March 23, 2022 / www.northernminer.com

Following receipt of all regulatory approvals, Capstone Mining (TSX: CS) has successfully completed its previously announced business combination with Mantos Copper, creating a new Americas-focused copper producer named Capstone Copper Corp.The merger agreement stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following completion, Capstone shareholders wou...Read More

The Newest Case for Gold

March 23, 2022 / dailyreckoning.com

The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation all point to much higher gold prices. Today, I'll break it all down.If you believe that the war in Ukraine will end soon, that global supply chains will heal quickly and that inflation is transitory, then you're probably in for a rude awakening. In fact, none of those things is likely.Even if...Read More

3 Safe Silver Stocks to Play the Precious Metals Rally

March 23, 2022 / www.outsiderclub.com

The Federal Reserve just raised interest rates for the first time since 2018.And popular belief among most investors holds that interest rate hikes are generally bearish for gold and precious metals.But that's not exactly the case.In fact, rising interest rates might even be positive for precious metals.The truth is, there is really no good connection we can make between interest rates and preciou...Read More

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