The latest assay results from New Found Gold (TSX-V: NFG; NYSE-A: NFGC) show near-surface, high-grade mineralization at its Lotto zone in northeast Newfoundland.The drilling shows that Lotto North is in fact a new, shallow and brittle fault zone north of Lotto proper, which hosts high-grade, epizonal-style gold mineralization in a north-south striking open-ended structure.Highlights from recent dr...Read More
Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF) has received a certificate of authorization (CA) under Quebec's Environment Quality Act for its Rose lithium-tantalum project located in the province's James Bay region. The CA was issued by the Quebec Minister of the Environment, the Fight against Climate Change, Wildlife and Parcs.The CA is an important milestone that would allow Critical Elem...Read More
Maverix Metals (TSX: MMX; NYSE-AM: MMX) says it's on track to meet its revised 2022 guidance of 28,000 to 31,000 attributable gold-equivalent ounces and unveiled a new royalty deal on the Sleeping Giant mine in Quebec's Abitibi region.The company acquired a 2% net smelter return royalty (NSR) on all metallic and non-metallic minerals recovered from the Geant Dormant and Dormex claims of the Sleepi...Read More
The Kimberley Process (KP), an international scheme that certifies rough diamond exports, is expected to decide this week whether Russian diamonds should be declared conflict gems.Members of the KP are meeting in Gaborone, Botswana, until Friday and one of the main topics in the agenda is to discuss whether Russian diamonds are funding the war in Ukraine.The debate would be around whether to broa...Read More
Vale (NYSE: VALE) has signed three memorandums of understanding (MOUs) to jointly study the feasibility of developing industrial complexes or 'mega hubs' in the Kingdom of Saudi Arabia, the United Arab Emirates, and the Sultanate of Oman.The hubs will produce hot briquetted iron (HBI) and steel products, Vale says, noting that "the production of HBI using natural gas emits around 60% less CO2 [car...Read More
Canada's B2Gold (TSX: BTO; NYSE-AM: BTG) and South Africa's AngloGold Ashanti (NYSE: AU; ASX: AGG) have decided to put their US$925-million Gramalote gold project in Colombia up for sale before year-end.After completing a comprehensive review of the alternatives for the gold project in the northwestern department of Antioquia, the joint venture (JV) partners determined it would be in the best inte...Read More
From 2003-2011, the price of gold increased from about $400 an ounce to over $1,900. And by the summer of 2011, the market was going crazy with expectations.There were predictions of $10,000 an ounce... $50,000 an ounce... even $100,000 an ounce. And people were talking about gold everywhere. If you think back, I bet you'll remember all those "cash for gold" advertisements that ran back in 2011.Bu...Read More
The BC Regional Mining Alliance is collaborating to create sustainable investment opportunities in the Province of British Columbia, Canada. Learn more at www.bcrma.com.Read full newsRead More
The new estimate, to be prepared by SRK Consulting, will include an additional 7,200 meters (m) of drilling completed in May this yearRead full newsRead More
Bank of America and Morgan Stanley have hired for their metals divisions while Deutsche Bank is considering a return to the business it abandoned just under a decade ago, Bloomberg reported.Read More
I've been investing in stocks for a long time, and I've made my share of mistakes. For instance, I lost about half my money by buying Microsoft in 1999 right before the dot-com bust.The company had gone up so much by 2000 that it had a P/E ratio over 100 and took 11 years of making money for it to become a value stock.From 2002 to 2012, the stock consolidated. The chart showed one of the biggest "...Read More
Driving through the forested hills of northern Idaho, one could be forgiven for assuming the growing recreational city of Coeur d'Alene brings all the buzz and value to the region.After all, it offers year-round recreational activities in stunning natural landscapes, serves as a commercial hub for the northern part of the state, and its adjacent Lake Coeur d'Alene hosts shoreline homes for a few H...Read More
The world's largest gold producer by volume and market cap Newmont (TSX: NGT; NYSE: NEM) says it is maintaining the full-year production guidance despite a weaker September-quarter performance.Newmont said its headline profit fell to US$212 million, or US27 ? per share, in the quarter that ended Sept. 30, from US$483 million, or US60 ? per share, a year earlier. Analysts, on average, had an expect...Read More
The first deep drill hole in the down dip extension of the Eskay Creek deposits in northwestern B.C. has identified a new occurrence of rhyolite-hosted mineralization about 650 metres down dip of the NEX Zone in the Eskay Deeps, and at a vertical depth of 850 metres below surface, Skeena Resources (TSX: SKE; NYSE: SKE) reports.Drill hole SK-22-1081 returned 3.79 grams gold per tonne and 59.4 grams...Read More
First Majestic Silver (TSX: FR; NYSE: AG) has announced positive drill results from its ongoing exploration program at the Jerritt Canyon gold mine in Elko County, Nevada.The 2022 drilling campaign at Jerritt Canyon consists of short-term focused underground core drilling testing extensions of known ore controls near active mining, mid-term focused drilling to validate/test the presence of mineral...Read More
This week's episode features EY Canada's Theo Yameogo, Canada's Mining & Metals Sector Leader, in conversation with Northern Miner podcast host Adrian Pocobelli at the Global Mining Symposium. Theo explains how ESG (environmental, social and governance) policies have transformed from CSR (corporate social responsibility), and how he expects the trend towards ESG to take a similar trajectory to the...Read More
Precious metals miner Sibanye-Stillwater (NYSE: SBSW) may axe more than 2,000 jobs at some of its gold mines in South Africa as part of a restructuring of those operations struggling to make a profit.The Johannesburg-based miner said on Tuesday it would enter into consultations with labour groups and other stakeholders, which could impact 1,959 employees and 465 contractors at its Beatrix 4 shaf...Read More
In case you haven't noticed, the majority of Big Tech's most notable recent moonshots are far from critical. I've asked it before, and I'll ask it again: Do we really need a metaverse? I'm struggling to imagine anyone working a 9-to-5 job as a legless, dead-eyed denizen of Mark Zuckerberg's uncanny valley. Or how about self-driving vehicles? I'll be the first to admit I can't wait to hand...Read More
Get to know Kinross' 2022 Living Our Values Awards (LOVA) winners, and find out about their extraordinary accomplishments and ...Read More
Mike Spreadborough, Executive Co-Chairman and Acting CEO of Novo Resources (TSX:NVO | OTCQX:NSRPF) and Kas De Luca ...Read More