Recent News

N.America investors close books with mixed performance...

December 22, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadership4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpM&A also remains the prime stock mover. Toronto-listed Read More

Indonesia to ban bauxite exports in June

December 22, 2022 / www.mining-journal.com

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp"The Government will impose the export ban on bauxite ore and stimulate domestic bauxite processing and refining industry," he said.Read More

"Santa rally" in gold ends with US data

December 22, 2022 / www.mining-journal.com

Gold has gained around $200 an oz after it fell to more than a two-year low in September this year on investor expectations that interest rate increases by the US Federal Reserve will moderate.Read More

Bling Bishop in $1m Jewelry Robbery Accused of Fraud and Extortion

December 22, 2022 / www.idexonline.com

(IDEX Online) -  A flamboyant pastor who was robbed at gunpoint of $1m of jewelry during a live-streamed sermon has been indicted on fraud and extortion charges.Lamor Miller-Whitehead, 45, of Paramus, New Jersey, dubbed the Bling Bishop by newspapers, is charged with two counts of wire fraud and one count of extortion, all of which carry a maximum 20-year sentence. He's also charged with...Read More

Sarine Launches Instant Traceability Check

December 22, 2022 / www.idexonline.com

(IDEX Online) - A new tracaeability check that will instantly confirm a diamond's country of origin from its Sarine ID number.Sarine, the diamond tech company behind the innovation, says traceability and sustainability have become just as important as an accurate 4Cs evaluation. Its Traceability Origin Check is being introduced as "a complimentary service for the natural diamond communit...Read More

Choksi's Diamond Firm Named India's Biggest Willful Defaulter

December 22, 2022 / www.idexonline.com

(IDEX Online) - Gitanjali Gems, the company established by Mehul Choksi, the fugitive diamantaire, has been named India's biggest willful defaulter, with unpaid loans of Rs 7,848 crore ($947m). The Reserve Bank of India (RBI), has announced a Top 50 of "can pay, won't pay" borrowers.Gitanjali once had 4,000 points of sale, and more than a 50 per cent share of India's overa...Read More

AfriTin Mining posts encouraging output results following...

December 22, 2022 / www.mining-journal.com

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpProduction during the company's third quarter of this year, which runs to the end of November 2022, was impacted by a planned 5-week pr...Read More

Canada blocks Glencore coal project

December 22, 2022 / www.mining-journal.com

"The government of Canada has determined the significant adverse environmental effects of the proposed Sukunka coal mine…could not be mitigated.Read More

No green light for industry recovery

December 22, 2022 / www.mining-journal.com

4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpWith hundreds, perhaps thousands, of indicators tracking aspects of mining industry investment attractiveness, confusion comes easily.Read More

Tech Talk for Thursday December 22nd 2022

December 22, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade.Index futures moved lower following release of the updated U.S. third quarter annualized GDP growth report at 8:30 AM EST. Consensus was unchanged at 2.9%. Actual was growth at a 3.2% rate.Micron dropped $0.93 to $50.26 after reporting lower than consensus fiscal first quarter results. T...Read More

The facility is at an interest rate of 6.95% plus the greater of SOFR and 2% per annumCopper News

December 22, 2022 / www.mining-journal.com

"Securing project finance is a very significant milestone for the Company, and we believe this agreement maximises risk-adjusted value per share for existing shareholders," Foran's executive chairmanRead More

Premium Nickel aims to re-open Selebi mine in Botswana

December 22, 2022 / www.northernminer.com

Premium Nickel Resources (TSXV: PNRL) says drill results at its Selebi nickel-copper-cobalt project in Botswana advance the concept that two past-producing deposits there are connected at depth. The Toronto-based company acquired the project, 400 km north of the capital of Gaborone, in January and is aiming to find links between the Selebi north and south deposits, which are separat...Read More

Canadian firms ink multiple deals on lithium projects

December 22, 2022 / www.northernminer.com

The past few days have seen a flurry of activity in the lithium space, with four Canadian and Australian firms announcing acquisitions and earn ins.Li3 Lithium (TSXV: LILI) announced Wednesday that its 50%-owned Li3 Resources has earned a 50% interest in the Mutare lithium project in eastern Zimbabwe through its US$250,000 funding of initial exploration at the site.Li3 Resources has until Dec. 31...Read More

Ecuador signs investment contract with Solaris on Warintza project

December 22, 2022 / www.northernminer.com

Solaris Resources (TSX: SLS; US-OTC: SLSSF) has signed an investment contract with the government of Ecuador on its 100%-owned Warintza copper-gold project, which president and CEO Daniel Earle says "provides a foundation of certainty" and represents a "major milestone" for the company.The investment contract ratifies the Investment Protection Agreement announced in June and "significantly" de-ris...Read More

Rio Tinto venture makes strategic investment in Regulus Resources

December 22, 2022 / www.northernminer.com

Nuton, a Rio Tinto (ASX: RIO; LSE: RIO; NASDAQ: RIO) venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources (TSXV: REG; US-OTC: RGLSF) for US$15 million.Nuton's technologies have the potential to process arsenic-bearing copper sulphides with a lower carbon footprint and less impact on water resources than traditional concentrator proc...Read More

Canada nixes Glencore's proposed open pit coal mine project in BC

December 22, 2022 / www.northernminer.com

Canada has rejected Glencore's (LSE: GLEN) proposed open-pit Sukunka coal mine project near Tumbler Ridge in British Columbia on environmental grounds.The coal mine, 55 km south of Chetwynd and 40 km west of Tumbler Ridge, would have produced three million tonnes of hard coking coal per year.The metallurgical coal mine would have had a mine life of up to 20 years, and a coal handling and processin...Read More

Argosy Minerals becomes Argentina's newest lithium producer

December 22, 2022 / www.northernminer.com

Argosy Minerals (ASX: AU) has produced battery quality lithium carbonate at its Rincon lithium project in Argentina's Salta province.The 99.76% lithium carbonate was produced as part of the commissioning phase of the 2,000 tonne per year lithium operation and the company says it plans to finish the ramp-up phase and achieve steady-state production by the end of the second quarter of fiscal 2023.Au...Read More

Fury drills high grade gold at Eau Claire's Percival prospect

December 22, 2022 / www.northernminer.com

Fury Gold Mines (TSX: FURY, NYSE-AM: FURY) says drill results from its Percival prospect may expand the resources at its Eau Claire project near James Bay in Quebec.The Vancouver-based company drilled five step-out holes on the westerly down plunge of its "considerably under-explored" Percival target, where high-grade mineralization has been defined in a 500 metre by 100 metre surface footprint to...Read More

Vital Metals pivots to Nechalacho permitting as plant capex double

December 22, 2022 / www.northernminer.com

Australia-based Vital Metals (ASX: VML; US-OTCQB: VTMXF) says it is pivoting from completing the rare earths separation plant in Saskatoon to better align with its Norwegian offtake partner while the cost of the processing facility has doubled.The cost of the Saskatoon plant has been estimated at "over $20 million" as recently as Vital's Sept. 20 press release. It now says the amount spent to date...Read More

Regulus Announces Strategic Investment by Rio Tinto

December 22, 2022 / www.youtube.com

Dec 22, 2022 Join Regulus Resources' CEO & Director, John Black, for a corporate update. Regulus Resources Inc. (TSX.V: REG ...Read More

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