News and Reports

Caprock Mining Corp. Announces Option and RSU Grant

March 11, 2022 / dlvr.it

Toronto, Ontario--(Newsfile Corp. - March 10, 2022) - Caprock Mining Corp. (CSE: CAPR) (Read full newsRead More

Bullish Or Bearish For Harmony Gold Mining Company Limited (NYSE: HMY) In 2022

March 11, 2022 / dlvr.it

Harmony Gold Mining Company Limited (NYSE:HMY) shares, rose in value on Thursday, March 10, with the stock price up by 2.96% to the previous day's close as strong demand from buyers drove the stock to $5.32. Actively observing the price movement in the recent trading, the stock is buoying the sessRead full newsRead More

MAG Silver acquiring Gatling Exploration

March 11, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - MAG Silver Corp. [MAG-TSX, NYSE American] signed a definitive arrangement agreement to acquire all of the issued and outstanding common shares of Gatling Exploration Inc. [GTA-TSXV; GATGF-OTCQB] in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 of a common share of MAG Silver for each share of Gatling held.The consideration...Read More

MAG to acquire Gatling for C$18M in stock

March 11, 2022 / www.mining-journal.com

Gatling shareholders will receive 0.01702627 of a MAG share for each Gatling share held, which values Gatling at about C40c per share, representing a premium of about 47.4%.Read More

Solid Q4 sees Franco-Nevada's 2021 draw 'best results...

March 11, 2022 / www.mining-journal.com

In Q4, the diversified company reported revenue of US$327.7 million, which is up 8% year on year. Net income rose 25% to $327.7 million, or $1.16/share, while adjusted net income was flat at $163.Read More

Wesdome sees record gold production

March 11, 2022 / www.mining-journal.com

Wesdome produced 123,843 ounces of gold, up 37% from the previous year. This includes 101,403 ounces at its Eagle River complex in Ontario, Canada.Read More

Escondida fined US$6.6M for water infraction

March 11, 2022 / www.mining-journal.com

The fine relates to the mine reducing the level of the water from the surface by than 25cm and since 2005, exceeding the maximum acceptable decrease that vegetation in the area can withstand.Read More

Wyloo Metals earmarks $4.9 million to explore West Raglan project in Quebec

March 11, 2022 / www.northernminer.com

Wyloo Metals has approved a $4.9 million drill program to explore the West Raglan project in northern Quebec's Nunavik region as part of its earn-in agreement with Orford Mining (TSXV: ORM). Wyloo, run by Australian billionaire Andrew Forest, aims to drill about 2,500 to 3,000 metres at West Raglan this year and will focus on the Frontier, Beverly and Boomerang zones. Last year Orford identif...Read More

MAG Silver to acquire Gatling Exploration in all-share deal

March 11, 2022 / www.northernminer.com

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

Wheaton Precious shares drop on earnings miss

March 11, 2022 / www.northernminer.com

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 junta halts Rio Tinto's Simandou project

March 11, 2022 / www.northernminer.com

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

How Will a Russian Default Affect YOU?

March 11, 2022 / www.outsiderclub.com

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

Nighthawk benefits from greater ambition

March 10, 2022 / www.mining-journal.com

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

Moneta grows the high-grade 55 Zone at Tower Gold

March 10, 2022 / www.mining-journal.com

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

Marathon expands Victory and Sprite deposits

March 10, 2022 / www.mining-journal.com

Highlights included 11m grading 4.04 grams per tonne at Victory, including 1m grading 36.6g/t.Read More

Resolute buys some time with lenders

March 10, 2022 / www.mining-journal.com

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

Blackstone unveils perpetual profit model

March 10, 2022 / www.mining-journal.com

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

India's Only Industrial Diamond Mine Sells 8,000 carats Online

March 10, 2022 / www.idexonline.com

(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

Two Jailed for $400,000 Armed Raid on Jewelry Store

March 10, 2022 / www.idexonline.com

(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

Diamond Standard Launches $67,000 Bar for Investors

March 10, 2022 / www.idexonline.com

(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

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok