News and Reports

HighGold stock rises on best intersection drilled at JT deposit in Alaska

November 29, 2022 / www.northernminer.com

HighGold Mining (TSXV: HIGH, US-OTC: HGGOF) has reported assay results from four infill and expansion drill holes completed at the JT deposit, part of the company's Johnson Tract polymetallic project in south-central Alaska that holds an indicated resource of 1 million gold-equivalent oz. at 9.4 grams per tonne.The latest drilling focused on gaps between inferred resource domains and step-outs at...Read More

Osisko's Windfall feasibility shows robust 306,000 oz per year gold producer

November 29, 2022 / www.northernminer.com

Osisko Mining (TSX: OSK) has delivered a positive feasibility study for its high-grade Windfall gold project in Quebec that outlines average annual production of 306,000 oz. of gold over a 10-year mine life.The numbers for Windfall, located in Urban Township, Eeyou Istchee James Bay, Que., all point toward a successful underground, dual ramp-access project with an on-site mill. According to the f...Read More

Fortescue keeps women on the top job with Fiona Hick's appointment

November 29, 2022 / www.northernminer.com

Australia's Fortescue Metals Group (ASX: FMG) has named former Woodside Energy (ASX: WDS) executive Fiona Hick as its new chief executive officer, effective February 2023.With the appointment, the iron ore miner ends a year-long search for a leader to replace current CEO Elizabeth Gaines, who will remains on Fortescue's board as a non-executive director.Hick, who began her mining career at Hamersl...Read More

World's First "Eternal Battery" Has Me Stumped...

November 29, 2022 / www.outsiderclub.com

It's not the mechanism or the engineering that confuses me. Those are both shockingly simple. No, what truly blows me away is that no one has built one until now. Long-term storage is one of the most common criticisms for renewable energy. It's a major consideration, but not the dealbreaker that green energy opponents think it is. "But where will we get the batteries?" they tend to whine, "And...Read More

Power Nickel encouraged by Quebec drill results

November 28, 2022 / www.canadianinvestor.com

Share this article TORONTO - Power Nickel Inc. [PNPN-TSXV, CMETF-OTCQB] on Monday said initial results from drilling at its Nisk nickel sulphate project near James Bay, Quebec have confirmed the presence of high-grade nickel-copper-cobalt-platinum group element (PGE) mineralization in the Main zone.It said results have also extended the mineralization by an additional 150 metres at depth and to t...Read More

Sibanye-Stillwater approves ?,?588m capex for Keliber...

November 28, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe funds will first pay for the construction of a 1,500 tpy battery-grade lithi...Read More

Escondida workers accept BHP offer, cancel strike

November 28, 2022 / www.mining-journal.com

The union, Sindicato No.1, said that they moved to accept the offer which relates not just to wage increase, but also better health and safety conditions at the mine site.Read More

Adriatic halfway complete at Vares

November 28, 2022 / www.mining-journal.com

Project construction is now halfway complete, with first concentration production planned for the third quarter of 2023, with the final project cost estimate of US$173 million.Read More

Super squeeze. The new commodities super cycle

November 28, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThat simple observation goes to the heart of what the father of market economics...Read More

Satellite Images Showed Warning Signs Before Williamson Dam Burst

November 28, 2022 / www.idexonline.com

(IDEX Online) - Experts say satellite monitoring of the dam that burst at the Williamson diamond mine, in Tanzania, would have revealed signs of instability.Thick gray sludge - waste from the mining operation - flooded an area at least five miles long after a wall in the tailings storage facility (TSF) was breached earlier this month.Value.Space, a UK based tech company, says Interferometric Synth...Read More

Faberge Launches Game of Thrones High Jewelry Collection

November 28, 2022 / www.idexonline.com

(IDEX Online) - Faberge has launched a series of high jewelry creations inspired by the TV fantasy drama Game of Thrones.The collection will be launched in a series of 'chapters' over the next two years, staring with Chapter One: Dragon. It features five designs, with each creation limited to 10 collectible pieces.It lifts design details from the dramatic sets, costumes, characters...Read More

Metalla buys First Majestic Silver royalty portfolio

November 28, 2022 / www.northernminer.com

Self-styled royalty consolidator Metalla Royalty & Streaming (TSXV: MYA; NYSE-AM: MTA) has signed a deal to acquire a portfolio of eight precious metals royalties from First Majestic Silver (TSX: FR; NYSE: AG) in exchange for US$20 million in Metalla scrip.The deal will add about 7 million silver-equivalent ounces at about US$2.90 per oz. on royalties covering an underlying 343 million oz. of meta...Read More

TNM Drill Down: Lundin leads week's top assays with Fruta del Norte in Ecuador

November 28, 2022 / www.northernminer.com

Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence (www.miningintelligence.com).Projects in Ecuador, Australia and Canada led the Nov. 18-25 period. Drilling at Lundin Gold's (TSX: LUG) Fruta del Norte project in southeast Ecuador topped the chart, followed by De Grey...Read More

E3 Lithium awarded $27M in federal innovation funding

November 28, 2022 / www.northernminer.com

Alberta-focused E3 Lithium (TSXV: ETL; OTC: EEMMF) has received a $27 million investment from the federal government's Strategic Innovation Fund (SIF), the company said on Monday. The SIF, a program of Innovation, Science and Economic Development Canada provides funding for projects in manufacturing, agri-food, clean technology and health and biosciences.As Alberta's leading lithium developer a...Read More

Rupert Resources shares rise on Ikkari gold PEA outlining 22-year mine life

November 28, 2022 / www.northernminer.com

Rupert Resources (TSXV: RUP) announced the results from its preliminary economic assessment (PEA study) for the company's 100%-owned Rupert Lapland project, including its flagship Ikkari gold discovery and Pahtavaara mine and mill located in northern Finland.According to the study, the after-tax net present value (at a 5% discount) comes to US$1.6 billion. The unlevered internal rate of return was...Read More

Sibanye-Stillwater to spend $821M advancing Finnish lithium project

November 28, 2022 / www.northernminer.com

Precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) approved on Monday a ?,?588 million ($821.6 million) investment to advance its Keliber lithium project in Finland.The South African miner said its board-approved capital expenditure program would start with construction of a lithium hydroxide refinery within Finland's Kokkola Industrial Park, located about 480 km north of Helsinki. T...Read More

BHP averts strike at world's biggest copper mine

November 28, 2022 / www.northernminer.com

Unionized workers at Escondida mine in northern Chile have accepted BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) latest offer and will not move forward with a strike that was planned for Nov. 28 and 30.Workers at Sindicato 1, which represents more than 2,000 members, backed on Monday the agreement reached last week between union representatives and the Australian miner.The deal, which was subject to vo...Read More

UK, South Africa seek deeper cooperation on critical minerals

November 28, 2022 / www.northernminer.com

London and Pretoria announced a partnership to promote the responsible exploration, development, production, and processing of critical minerals in South Africa.In a statement, both governments said that this new collaboration will start with the launching of regular ministerial and technical dialogues between South Africa's Department for Mineral Resources and Energy and the U.K.'s Department for...Read More

JV Article: Metal Energy expands high-grade nickel zones at past-producing Manibridge mine

November 28, 2022 / www.northernminer.com

Metal Energy Corp. (TSXV: MERG; US-OTC: MEEEF) a Toronto-based battery metal exploration company, is actively expanding high-grade nickel sulphide mineralization at the past-producing Manibridge mine in the world-class Thompson Nickel Belt of northern Manitoba.The company is expecting to complete a 10,000-metre diamond drill program in December at Manibridge, a former Falconbridge operation that p...Read More

About Black Fiday's "Blowout" Numbers

November 28, 2022 / dailyreckoning.com

It's official - good times are here again!Black Friday's sales set a new record this year, up 2.3% over 2021. Thanksgiving online sales were also up 2.9%. So don't listen to any gloom and doom talk about a recession. Just look at the numbers.That's what they'll tell you. Well, here's what they won’t tell you:All of those sales figures are nominal. In other words, they don't account for infla...Read More

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