News and Reports

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

March 30, 2022 / dailyreckoning.com

"God has a special providence for fools, drunkards and the United States of America."Thus concluded 19th-century Germany's Otto von Bismarck - the Iron Chancellor. The years have heavily affirmed the Teutonic autocrat.All available evidence indicates it is true. And of these God-blessed categories, we conclude God has most blessed the United States of America.She has absorbed more divine favor tha...Read 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

Polymetal teases separate Kazakhstan-focused entity...

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

The gold and silver miner is duel listed in Moscow and London, and headquartered in Jersey, but is primarily focused on Russia.Read More

Antofagasta and the Chilean question

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

West Africa an improved opportunitySPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Anglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining To be sure, this is a well-run mining company which runs on cash, not debt, with plenty in the developmen...Read More

$6m High Estimate: 45-ct Diamond Could Break Online Auction Record

March 29, 2022 / www.idexonline.com

(IDEX Online) - Christie's say a 45.46-ct round brilliant diamond is the highest value gem ever to be offered in an online-only auction.The Flawless Star (pictured), a D/IF Type IIa stone, carries at estimate of $4m to $6m and is being sold without reserve.The record high price actually paid for a diamond in an online-only sale was set in June 2020 when a 28.86-carat, D-color, emerald-cut dia...Read More

Louis Vuitton's LV "Looks Like Russia's Pro-War Z"

March 29, 2022 / www.idexonline.com

(IDEX Online) - Louis Vuitton has been come under fire online over its new fine jewelry collection - because the LV initials look like Russia's pro-war 'Z' symbol. Thousands of social media have pointed out the similarities between the two.Rapper Kid Cudi and actresses Jin Chen and Alicia Vikander have been photographed with the range of unisex pendants, rings, earrings and bra...Read More

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