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Australia turns the tables on China in coal spat

July 18, 2022 / www.mining-journal.com

Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsIn the latest twist to the global energy crisis there has been a dawning in China that it made...Read More

Diamcor Achieves $246 per Carat Amid 'Strong Demand'

July 18, 2022 / www.idexonline.com

(IDEX Online) - Canadian junior miner  Diamcor achieved an average of US$246.62 per carat at its rough tender from the Krone-Endora at Venetia Project, in South Africa.That's down over a fifth on the $330 per carat it achieved in February, when it sold 3,063 carats for $1,010,406.It sold a total of 1,939.81 carats sold earlier this month, generating gross revenues of USD $478,3...Read More

Police in Israel Open Probe on 'Tindler Swindler'

July 18, 2022 / www.idexonline.com

(IDEX Online) - A criminal investigation has reportedly been opened in Israel against "Tinder Swindler" Shimon Hayut, following a complaint from the Leviev family, owners of Leviev Diamonds.It follows Netflix's true-crime documentary which told how Hayut, 31, seduced numerous women over the Tinder dating app with his jet set lifestyle, then persuaded them to hand over money with claims that h...Read More

METALS-Copper bounces on short-covering as China supports property sector

July 18, 2022 / www.kitco.com

(Updates prices) By Eric Onstad LONDON, July 18 (Reuters) - Copper and other industrialmetals prices bounced on Monday as bearish investors bought backpositions following news about government support for theeconomy in top metals consumer China, with further supportcoming from a weaker dollar. Three-month copper on the London Metal Exchange(LME) had gained 3.3% to $7,427 a tonne by 1615 GMT, rebou...Read More

Peru protests pain becomes clearer

July 18, 2022 / www.mining-journal.com

Protests by the Fuerabamba and Huancuire communities at Las Bamas started in mid-April this year and continued until June when the firm signed a 30-day truce with protestors that allowed mineRead More

Anglesey hopeful of resource upgrade

July 18, 2022 / www.mining-journal.com

"The intention of this programme was to increase the amount of resources in the Indicated category for the White Rock deposit, which stood at 4.7 million tonnes, or 79% prior to commencing the drilling," Anglesey's CEO Jo Battershill said.The company listed the following intersections:9.0 metres at 4.9% Zn, 3.1% Pb, 0.2% Cu, 24g/t Ag & 0.3g/t Au (WD-20 from 133.5 metres) including 6.0 metres a...Read More

Tech Talk for Monday July 18th 2022

July 18, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points in pre-opening trade. Goldman Sachs advanced $9.42 to $303.29 after reporting higher than consensus second quarter results. The company also increased its dividend by 255.Bank of America slipped $0.12 to $32.13 after reporting less than consensus second quarter earnings. Boeing added $6.19 to $153.93 after De...Read More

IsoEnergy reports 44M lb. U3O8 initial resource for Hurricane deposit

July 18, 2022 / www.northernminer.com

IsoEnergy (TSXV: ISO; OTC: ISENF) has announced an initial mineral resource estimate for the Hurricane uranium deposit, part of its 100% owned Larocque East project in the eastern Athabasca Basin of Saskatchewan. The resource estimate was conducted by SLR Consulting, using assays from 52 diamond drill holes totaling 20,387 metres and 785 samples.Indicated mineral resources totalled 48.61 milli...Read More

Vital Metals upbeat on test results of first rare earths processing

July 18, 2022 / www.northernminer.com

Australia's Vital Metals (ASX: VML) has in less than three months progressed from shipping out its first load of mixed rare earth carbonate to receiving positive results on the first processing pass at its new facility in Saskatoon, Sask. Vital is the first rare earth producer in Canada and the second in North America, after MP Materials' (NYSE: MP) Mountain Pass mine in California.The dense medi...Read More

US markets flat over July 11-15 trading week

July 18, 2022 / www.northernminer.com

Over the July 11-15 trading week, the Dow Jones Industrial Average gained 113.23 points, or 0.36%, to 31,451.38, and the S&P 500 fell 8.27 points or 0.21% to 3,891.11.Shares in coal miner Arch Resources gained US$1.26 during the week to US$140.06. The company has scheduled a highly anticipated second-quarter conference call for July 28. The market is bullish on coal against an apparent pause, or e...Read More

TSX Venture falls during July 11-15 trading week

July 18, 2022 / www.northernminer.com

Over the July 11-15 trading week, the S&P/TSX Venture Composite Index fell 21.95 points or 3.7% to end at 584.43. Shares of IsoEnergy rose 21 ? to $3.03 during the trading week as the company provided an update on its winter exploration results and announced summer exploration plans for its eastern Athabasca Basin uranium properties. Highlights of drill results from the Larocque East project incl...Read More

TSX sees more pain during July 11-15 trading week

July 18, 2022 / www.northernminer.com

July 11-15 was another painful week for metals markets and equities. The S&P/TSX Composite Index slid 628.41 points, or 3.3% to 18,394.45; the S&P/TSX Global Mining Index lost 5.44 points or 5.8% of its value; and the S&P/TSX Global Base Metals Index dropped 9.85 points or 6.6% to 139.75. The S&P/TSX Global Gold Index gave up 14.45 points or 5.6% to 245.45, while spot gold finished the week at US$...Read More

Franco-Nevada invests US$352M in Tocantinzinho gold project in Brazil

July 18, 2022 / www.northernminer.com

Gold streaming company Franco-Nevada (TSX: FNV; NYSE: FNV) has committed US$352.5 million to a finance package totalling US$481 million for the Tocantinzinho project located in Par?? state, Brazil, currently held by G Mining Ventures (TSXV: GMIN). The project is construction-ready, and first production is expected in the second half of 2024.Located 200 km southwest of the city of Itaituba, Tocanti...Read More

Barrick close to final deal with Pakistan on US$7B copper project

July 18, 2022 / www.northernminer.com

Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it's close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the borders of Iran and Afghanistan.The project, which hosts one of the world's largest undeveloped open pit copper-gold deposits, has been on hold since 2011 due to a dispute over the legality of its licensing proces...Read More

FPX begins stepout drilling program at new Van discovery in Decar #Nickel District

July 18, 2022 / fpxnickel.com

Vancouver, July 18, 2022 - FPX Nickel Corp. (TSX-V: FPX, OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that the Van Target ("Van") step-out drilling program has started at the Company's Decar Nickel District ("Decar") in central British Columbia. This year's drilling is focused on expansion of mineralization at Van, where an initial [...]Read full newsRead More

RT @stockhouse: Has Silvercorp investee, New Pacific Metals, made its second transformative discovery?

July 18, 2022 / ow.ly

By Tom Azzopardi Silvercorp Metals Inc. (TSX:SVM) consistently appears as one of...Read full newsRead More

Empress Royalty Receives First Silver from Tahuehueto Mine

July 18, 2022 / bit.ly

Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (Read full newsRead More

Russia Loses the Battle, Oil Wins the War

July 12, 2022 / www.outsiderclub.com

Right now Russia's chief export is chaos. Its biggest import? Cash from desperate nations. Putin's sudden ousting from the global energy market triggered a massive energy panic, forcing both Russia and its former customers into an incredibly uncomfortable position. In Russia's case, the economy is showing significant damage. Sanctions have practically wiped out all other export revenue. Putin i...Read More

Monarch Mining drills 0.97 g/t gold over 174 metres at Swanson, Quebec

July 19, 2022 / www.canadianinvestor.com

Share this articleVANCOUVER - Monarch Mining Corp. [GBAR-TSX; GBARF-OTCQX] reported the second set of results from its 2021-2022 drilling program on its 100%-owned Swanson gold project, located 55 km northeast of Val d'Or, Quebec. The Swanson property comprises a contiguous group of 127 map-designated claims and one mining lease covering an area of 5,125.8 hectares. The project is also located 50...Read More

The Old Normal Is Never Coming Back

July 19, 2022 / www.energyandcapital.com

On March 5, 1946, Winston Churchill famously declared, "From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the continent."In the following years, the communist government of East Germany built an actual wall of concrete and barbed wire, an Antifaschistsischer Shutzwall, between East and West Berlin. Thus did the Cold War begin in earnest, framing the geopol...Read More

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