MAG Silver (TSX: MAG; NYSE-A: MAG) is acquiring Canadian junior Gatling Exploration (TSXV: GTR) in an all-share deal.Gatling shareholders would receive 0.017 of a MAG common share for each Gatling share held, valuing Gatling at approximately $0.40 per share. The share consideration reflects a 49.1% premium relative to the company's closing price on the TSX Venture Exchange on March 10 and a 47.4...Read More
The New York-quoted equity of Wheaton Precious Metals Corp. (Nasdaq: WPM: TSX: WPM) fell on Friday after the company overnight reported lower earnings and revenue, missing analyst forecasts for the fourth quarter of 2021.Unphased by the equity performance, president and CEO Randy Smallwood tells MINING.COM in an interview, the company is generating strong free cash flow. WPM reported nearly $200 m...Read More
Guinea's ruling junta has ordered a full halt of Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) vast Simandou iron ore project in the country's southeast, with interim president Mamady Doumbouya saying it is not clear how the mine will preserve national interests.The current government, which took power in a military coup in September, said in a statement that Doumbouya had not seen any progress in...Read More
Russia is going to default on its debt.It could happen as soon as next month, if not next week.It's a given.Russia's next bond payment is due on March 16, but even with a 30-day grace period, no one in their right mind believes Russia is actually going to pay it.In fact, it probably couldn't even if it wanted to.That's because Western sanctions have barred Russian banks from accessing foreign curr...Read More
MJ Nighthawk Gold had a management team change last year and you came on board. Why was the management team changed and what was the board of directors looking to achieve with this?Read More
Drilling extended the 55 Zone mineralisation to a strike length which is now 800m and a width of 250m with a highlight of 37m grading 1.04 grams per tonne in hole 200 including 4m grading 5.31g/t.Read More
Highlights included 11m grading 4.04 grams per tonne at Victory, including 1m grading 36.6g/t.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherThe 12-month extension involves a repayment of $30 million this August, $20 million in both January and March next year, and the final $80 million in March 2024.Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherBlackstone executives scheduled a three hour virtual briefing for investors last week following release of a pre-feasibility study into the company's Ta Khoa nickel...Read More
(IDEX Online) - India's only industrial diamond mine sold over 8,000 carats in an e-auction, though it did not disclose prices or further details.There are over 1,000 licensed artisanal mines in the country, but only the state-run Majhgawan mine, in the central state of Madhya Pradesh, is mechanized.Mining at Majhgawan (pictured) has been stopped several times over the last 50 years because o...Read More
(IDEX Online) - Two men have been jailed for a $400,000 armed raid on a jewelry store on the outskirts of Chicago, USA. They stole watches by Frederique Constant, Patek Phillipe and Tudor, as well as high-value jewelry from Razny Jewelers (pictured) in Hinsdale, Ilinois, in March 2017.The defendants later "sold, attempted to sell, or disposed of some of the stolen items" in the Chicago area a...Read More
(IDEX Online) - The company behind the first regulator-approved diamond commodity is now offering investors a higher-value diamond bar, in addition to the coins it launched last year.New York-based Diamond Standard says it has received regulatory approval for the 70mm by 35mm transparent bar containing "a set of certified natural diamonds with identical geological scarcity".They each have an initi...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat panther"Geopolitics and markets will likely be different, but the question is, how different? The crisis looks to be prolonging the pandemic recovery boom, and our commodi...Read More
Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has released assay results from seven new drill holes targeting the Copala and Christiano veins, located east of the Tajitos resource area, at its 100%-owned Panuco silver-gold project in Mexico. Highlights included 7.81 meters grading 1,559 grams silver per tonne and 7.29 grams gold per tonne starting from 274 meters in drill hole CS-21-116 and 2.09 meters...Read More
Environmental, social and governance (ESG) reporting has become more important in the mining industry, especially as companies seek fresh capital for projects, and as investors start to scrutinize ESG disclosures. A Thought Leadership panel at The Northern Miner's Q1 2022 Global Mining Symposium in late February explored the issues. Moderator Ani Markova, co-founder of Onyen Corp., began the di...Read More
Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData.The result, such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer," the analysts argue.According to GlobalData's Mining Commodity Analyzer, Russia was the third-largest nickel pro...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has become the first major mining company to announce it was cutting all ties with Russian businesses, joining a massive exodus of Western companies since Moscow's invasion of Ukraine.The world's second largest miner, which operates aluminum refineries in Russia's east together with aluminum producer Rusal International, had said it wanted to keep its rela...Read More
The Mining Association of Canada (MAC) has urged the government to invest more in critical minerals in this year's budget to avoid "slipping behind" its competitors in the sector, while revealing its annual report on the state of Canadian mining.Pierre Gratton, president of the association that includes about 50 of Canada's leading mining companies, told The Northern Miner in an interview that the...Read More
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has released more high grade results from drilling in the Bralorne West area of its Bralorne gold project in British Columbia.One highlight of the latest batch of drill results is SB-2021-100, which intersected 38.01 grams gold per tonne over 1.55 metres and 13.43 grams gold per tonne over 1.70 metres. Another hole, SB-2021-102, returned 7.50 grams gold...Read More
Environmental, social and governance (ESG) reporting has become more important in the mining industry, especially as companies seek fresh capital for projects, and as investors start to scrutinize ESG disclosures. A Thought Leadership panel at The Northern Miner's Q1 2022 Global Mining Symposium in late February explored the issues. Moderator Ani Markova, co-founder of Onyen Corp., began the di...Read More