Recent News

Failed Yamana bid sees Griffith step down

December 13, 2022 / www.mining-journal.com

"The Yamana setback should not be allowed to impede the company's strategy," Griffith said.Read More

Tech Talk for Tuesday December 13th 2022

December 13, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 106 points in pre-opening trade.Index futures moved higher following release of the November Consumer Price Index at 8:30 AM EST. November CPI was expected to increase 0.3% versus a gain of 0.4% in October. Actual was an increase of 0.1%. On a year-over-year basis November Consumer Price Index was expected to increase...Read More

The Northern Miner Podcast - episode 321: Around the world in 60 minutes-Taking stock of pipelines, sanctions, BRICS+ and the LME

December 13, 2022 / www.northernminer.com

This week's episode features Northern Miner podcast host Adrian Pocobelli on mining stories from around the world, including spoofing charges against JP Morgant traders, pipeline updates, LME buyout rumours, BRICS+ developments, as well as the resurgence of coal in the United Kingdom and upward momentum in metals prices.All this and more with host Adrian Pocobelli."Rattlesnake Railroad", "Big West...Read More

Brixton pivots to cobalt at Langis with strong drill results

December 13, 2022 / www.northernminer.com

Brixton Metals (TSXV: BBB) says the first batch of drill results from its Langis cobalt project in northeast Ontario confirms high-grade ore. Hole LM-22-254 cut 30.5 metres of 0.35% cobalt, 5.97 grams silver per tonne and 0.08% nickel from 121 metres down hole, Brixton said in a news release on Dec. 13. The core included 10.02 metres of 0.92% cobalt, 3.5 metres of 1.89% cobalt and 0.5 metre of 9....Read More

Barrick responds to rights abuse allegations in Tanzania

December 13, 2022 / www.northernminer.com

Barrick Gold (TSX: ABX; NYSE: GOLD) has issued a statement in response to claims of alleged rights abuses in Tanzania.Twenty-one Tanzanian nationals filed a lawsuit in Ontario Supreme Court on Nov. 21 against Barrick for alleged human rights violations at the company's North Mara gold mine in Tanzania.It is the first time the Canadian gold giant has faced legal action in its home country for all...Read More

Maple Gold assays confirm near-surface continuity at former Eagle mine

December 13, 2022 / www.northernminer.com

Maple Gold Mines (TSXV: MGM) reported complete assay results for four drill holes and partial assay results for five additional drill holes from its 100% controlled Eagle mine property in Quebec. The holes were drilled in an area northwest of the past-producing Eagle mine that the company had previously identified as a potential southern splay of the main mine horizon. The new results confirm the...Read More

Probe Metals drills 'record gold interval' at Val-d'Or project in Quebec

December 13, 2022 / www.northernminer.com

Probe Metals (CVE: PRB) has drilled the highest-grade core?EUR?yet at its Val-d'Or East project's Monique deposit in Quebec as it prepares to expand its mineral resource estimate next month. Expansion drill hole MO-22-475 cut 22.9 metres grading 4.9 grams gold per tonne cut and 19.2 grams gold uncut (with a 100 grams per tonne cap) from 22.6 metres down hole, Probe said in a news release on Tuesd...Read More

Rio Tinto hunts for lithium deals, eyes Jadar revival

December 13, 2022 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Tuesday it is actively searching for lithium assets as its expects prices for the metal used in the making of batteries that power electric vehicles (EVs) to remain high for a "long period of time." The company had to shelve its proposed US$2.4 billion Jadar lithium mine in Serbia early this year after the government revoked the project's licences...Read More

Global miners' ESG strategies show 'concerning' lack of focus on gender

December 13, 2022 / www.northernminer.com

The mining industry shows a lack of focus on gender and diversity in their environmental, social and governance strategies, a recent report by Stratum International and Digbee has found.Based on a survey of global mining sector decision-makers, the study deems "concerning" such an overlook in an industry that "needs to change the perception that mining is a male-only environment."According to the...Read More

Gold Fields CEO Griffith leaves after failed Yamana takeover

December 13, 2022 / www.northernminer.com

Gold Fields' (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company's failed attempt to take over Canada's Yamana Gold (TSX: YR; NYSE: AUY).Griffith, 57, was appointed CEO of the South African gold miner in April 2021, taking over from Nick Holland, who retired after 13 years. Griffith had previously held the top job at Anglo American P...Read More

SolGold shares dive despite raising US$36M with Jiangxi backing

December 13, 2022 / www.northernminer.com

Shares in Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) dropped on Monday more than 7% after revealing it had completed a US$36-million capital raise with the participation of new investors, including Jiangxi Copper Investing.The company, which saw its chief executive and managing director of less than a year leave last month, is said to be at the centre of a bidding war between Jiangxi, China's...Read More

Marathon sees inflation come off as Valentine build...

December 13, 2022 / www.mining-journal.com

In September, Marathon updated its initial capex estimate for Valentine by 57% to C$470 million to $490 million, compared with the $305 million estimate in its April 2021 feasibility.Read More

What Really Drives the World

December 13, 2022 / dailyreckoning.com

"The world is not driven by greed. It's driven by envy."Here is the sage conclusion of Mr. Charles Munger, aged 98 years. Mr. Munger is of course the partner of Warren Buffett and legendary vice chairman of Berkshire Hathaway.What human vice ranks fourth among the seven lethal sins? That is correct - envy.Today we evaluate the acid emotion of envy. We further document how envy can wreck a man's we...Read More

Secret Chinese Bot Attack Unveiled - Here's What the CCP Is Trying to Hide...

December 13, 2022 / www.outsiderclub.com

The Chinese Communist Party (CCP) has officially shown its hand. Mandiant, a U.S. cybersecurity firm, recently uncovered a shockingly desperate cyberattack against a single private company.A series of fake social media profiles, typically called "bots," made some bizarre posts. According to Mandiant's report, these posts all came from within CCP-friendly IP addresses.Hilariously pseudo-American n...Read More

Business Insider: Gold Hopes for 'Pivot' in 2023

December 13, 2022 / www.bullionvault.com

LONDON, 13 December 2022 - Comment from BullionVault is quoted today by a report on the gold market posted at Business Insider, the global financial news and opinion site."Gold bulls are far from alone in hoping and praying for a Fed pivot in 2023," says Adrian Ash, director of research at BullionVault, pointing to expectations that the US central bank will reverse course and start cutting interes...Read More

More Chaos At The Comex? What's Going To Ultimately Lift Silver Prices? - Adrian Day

December 13, 2022 / www.youtube.com

Hey guys! Let's try and break 2000 likes on this video! Don't forget to SUBSCRIBE to the Channel and enjoy the video! Adrian Day ...Read More

One Unique Lithium Stock To Watch Now? Grounded Lithium CEO Interview w/ Gregg Smith (TSXV:GRD)

December 13, 2022 / www.youtube.com

GroundedLithium #Lithium #CEO #Interview Grounded Lithium, Lithium Stock, CEO Interview, Grounded Lithium Stock, EV Stock, ...Read More

Vancouver Rents At All Time Highs

December 13, 2022 / www.youtube.com

Time for another update on the current rental market in Downtown Vancouver. Also it's now official the NDP has removed all rental ...Read More

Marimaca Copper Deposit Exploration Update - December 2022 Webinar and Live Q&A session

December 13, 2022 / www.youtube.com

Marimaca is an exciting TSX-listed copper company. The Company's flagship asset is the Marimaca Copper Project in Chile's ...Read More

China's Economy, Fed Chair Interest Rates, and Foreign Currency Woes

December 13, 2022 / www.youtube.com

President Xi's absolute control of the Politburo in China allows as much Zero Covid policy as desired. Regardless of the short-term ...Read More

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