News and Reports

Inflection secures grants to fund NSW drilling

March 07, 2022 / www.mining-journal.com

"We are proud to be awarded these grants for the second time, which validates the company's bold exploration strategy exploring the northern, covered extension of the Macquire Arc, Australia's premierRead More

Chile steps closer to resource nationalism

March 07, 2022 / www.northernminer.com

A committee tasked with rewriting the Chilean constitution has approved an early-stage proposal that opens the door to the country nationalizing some of the world's most significant copper and lithium mines.The local media outlet, emol, reported on Monday the constituent assembly's motion brought by the environmental committee received 13 votes in favour, with three against and three abstentions.T...Read More

Geodrill CEO guides for growth as exploration budgets expand

March 07, 2022 / www.northernminer.com

The growing demand for Geodrill's (TSX: GEO; OTC-US: GDLFF) suite of services is set to increase amid heightened investor demand for haven assets like gold. This, in turn, drives interest in metal production and pushes exploration budgets higher, CEO David Harper tells The Northern Miner.The Toronto-based services company reported fourth-quarter and full-year 2021 revenue growth of 8.2% year-over-...Read More

Closure plan approval keeps Electra Battery Materials' refinery on track for December commissioning

March 07, 2022 / www.northernminer.com

In another important milestone towards its goal of developing a sustainable battery supply chain in North America, Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF), the company formerly known as First Cobalt, has obtained final approval of the updated closure plan for its hydrometallurgical facility in Ontario.Electra's business strategy is to produce sufficient battery material on an annual...Read More

In charts: EV metal demand accelerates in the second half of 2021

March 07, 2022 / www.northernminer.com

A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector, the latest data release from Adamas Intelligence shows.According to the market analyst, an 86% increase in passenger EV registrations in the Asia Pacific region positions it as the top EV market, followed by the Ameri...Read More

Days after suspending operations, Kinross mulls a 'full exit' from Russia

March 07, 2022 / www.northernminer.com

Kinross Gold (TSX: K; NYSE: KGC) may permanently exit from Russia after operating in the country for about 25 years, a BMO metals and mining analyst said, as the nation continues to attack Ukraine. On Mar. 2, Kinross announced that it would suspend its Russian operations following Western sanctions. However, in a research note to clients on Mar. 6, BMO analyst Jackie Przybylowski stated that the...Read More

JV Article: Tier One Silver hits bonanza-grade silver in first drill program at Curibaya in Peru

March 07, 2022 / www.northernminer.com

Canadian explorer Tier One Silver (TSXV: TSLVF; US-OTC: TSLVF) believes it is in the early stages of a new discovery in Peru.The Vancouver-headquartered junior recently completed the first ever drill program on its 100%-owned Curibaya silver-gold project in southwest Peru, about 48 km northeast of the provincial capital Tacna, close to the border with Chile.The drilling comprised 16 holes (5,347...Read More

How much could battery recycling actually aid cobalt, lithium supply shortages?

March 07, 2022 / www.northernminer.com

A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030.According to the market analyst, a combined total of over 180,000 tonnes of lithium, cobalt, nickel, and manganese could be recovered by 2030 through Li-ion recycling, a value which is forecast to grow by approximately 10 times by 20...Read More

The Mystery Man at the State of the Union

March 07, 2022 / www.outsiderclub.com

Dear Outsider,An unmistakable neon glow emanates from an abandoned storefront in Philadelphia's University City. As part of a massive real estate investment, Drexel University acquired an old Firestone car repair shop and turned it into a pop-up art gallery, complete with retro neon signs, some dating back to the 1950s. It gives students a glimpse into Philadelphia's past as they work toward a bet...Read More

Hedging back in vogue for gold developers

March 04, 2022 / www.mining-journal.com

Hedging is typically frowned upon by investors in gold miners on the grounds that people invest in gold and gold stocks because they believe the gold price will go higher, and so they want fullRead More

Marimaca sells Ivan copper cathode plant for US$11M...

March 04, 2022 / www.mining-journal.com

At one point, the 10,000 tonnes per year Ivan copper cathode plant was considered as a processing option for Marimaca's Marimaca copper project, but the growth in the scale of the deposit means theRead More

Mazumdar: Copper exploration in the wrong place?

March 04, 2022 / www.mining-journal.com

Citing data compiled by S&P Global Market Intelligence, Mazumdar observed that copper exploration budgets in Canada, the USA and Australia saw a significant increase in 2021 to some US$855 million of the $2.3 billion global spend, although the countries are not large copper producers.These three countries have historically attracted 30% of exploration spend, but this has now jumped to 40-45%."...Read More

Brazil's Bolsanaro backs legalization of mining in Indigenous lands amidst Russia invasion

March 04, 2022 / www.northernminer.com

Brazilian president Jair Bolsonaro has reiterated the need to allow mining in the nation's Indigenous territories to strengthen food security, as he expects Russia's ongoing invasion of Ukraine to increase the price of potassium.The far-right leader said that it was important for the country to not depend on foreign nations for commodities available in abundance in Brazil."With the Russia/Ukraine...Read More

GMS: Invest in exploration and skilled labour to tackle critical metals supply chain, says World Bank mining expert

March 04, 2022 / www.northernminer.com

From heading towards a more "diversified and less concentrated" supply chain of critical metals to the need for skilled people in the global mining industry, World Bank mining specialist Martin Lokanc believes that the world needs to take a number of crucial steps to successfully transition away from fossil fuels and meet its net-zero goals. Speaking at The Northern Miner's first Global Mining...Read More

Buenaventura to kick off San Gabriel gold mine construction in 2023

March 04, 2022 / www.northernminer.com

Buenaventura (NYSE: BVN), Peru's largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country's southern region of Moquegua in 2023.The company had planned to start site works at the US$328 million project in the second half of 2021 but had to postpone the move and focus on reducing debt first.The needed cash injection came...Read More

Alrosa suspends Natural Diamond Council membership

March 04, 2022 / www.northernminer.com

Russia's Alrosa (MCX: ALRS), the world's top diamond miner by output, suspended on Friday its membership in the Natural Diamond Council (NDC), a market alliance of the world's leading producers of precious stones.The move comes only a day after the company, which was placed in the U.S. sanctions list, decided to step down from its position as vice chair of the Responsible Jewellery Council (RJC),...Read More

You Have No Idea What's Coming

March 04, 2022 / www.outsiderclub.com

I would love nothing more than to sit here and enumerate to you all of the ways in which the war in Ukraine will affect the economy and your portfolio going forward.But I can't.No one can.And anyone who says otherwise is a liar.Remember, I was one of the few people who actually saw all of this coming.And I don't just mean two weeks ago, when I backed up Luke Burgess' call on triple-digit oil price...Read More

RT @AZoMining: Rover Metals Declares Acquisition of Tobin #Gold Project.

March 03, 2022 / www.azomining.com

Rover Metals Corp. declared the acquisition of the Tobin Gold Project located in the Mt. Tobin range, present in northern Nevada. The Tobin Project is situated 77 km by road south of the city of Winnemucca, NV, and it is in the heart of a rich gold jurisdiction that has evidenced large consolidation in the last two years.Read full newsRead More

Brunswick Expands Into Lithium Exploration With District Scale Land Package in Quebec

March 03, 2022 / bit.ly

Brunswick Exploration Inc. (Read full newsRead More

Welcome to the Meat Grinder, and the Advantage That Comes With It

March 03, 2022 / www.outsiderclub.com

It's been a wild ride, eh? Hold onto your butts, we're just getting started.There's a lot of talk about what investors are comfortable with when it comes to market volatility and churn.Even that is buried under the daily "market move" headlines.One day they claim investors seem to be okay with the myriad of risks in the market. The next is a massive sell-off.Risk on, risk off, then risk on with a...Read More

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