Mining Articles

Wheaton downgrades production guidance

12 August 2022 / Nathan Richardson

"While not without its challenges, our diverse portfolio once again delivered strong operating cash flow and an attractive dividend yield, highlighting the resiliency of the streaming model to the inflation pressures currently being felt across the global economy," Wheaton's president and CEO Randy Smallwood said.The company's adjusted net earnings for the three-month period fell 7% year on year t...Read More

Victoria Gold faces inflation, recruitment challenges

August 12, 2022 / Editor

Share this article VANCOUVER - Victoria Gold Corp. [VIT-TSXV] on Friday said production at its flagship Yukon mine for 2022 is expected to be close to the lower end of the company's original guidance of between 165,000 ounces and 190,000 ounces.The forecast is contained in the company's second quarter financial report and is attributed to increased unplanned downtime within the crushing and con...Read More

The Last Winning Oil Stock of 2022

August 12, 2022 / Keith Kohl

Last week, it was hard for us NOT to take the EIA's gasoline demand numbers seriously.Am I alone in thinking it's absurd to say that gasoline demand right now is comparable with that of July 2020, when the world was locked down tight as a drum (except you, Florida)? Those of you who did the unthinkable and ventured out of your house during the summer of 2020 and found that entire interstates had b...Read More

Karora completes PEA for nickel resources at Beta Hunt mine

August 12, 2022 / Northern Miner Staff

Karora Resources (TSX: KRR; US-OTC: KRRGF) says a preliminary economic assessment for the nickel resources at its Beta Hunt mine in Western Australia has outlined a low capex project with strong leverage to rising metal prices.The operating gold mine, 600 km from Perth, is home to a deposit that hosts both gold and nickel in adjacent discrete mineralized zones, which the company describes as a "ve...Read More

The View from England: Unsighted, so expect the unexpected

August 12, 2022 / Chris Hinde

Only newsletter writers and commodity analysts see the future with perfect clarity, the rest of us must muddle along with probabilities and best guesses. A strategist was quoted recently in The Northern Miner as having a US$5,000 per ounce two-year outlook on gold. He might be gifted with foresight but, for mere mortals, Doris Day explained it perfectly in 1956 with what became her signature so...Read More

Global Atomic hits new milestones at Dasa project in Niger

August 12, 2022 / Northern Miner Staff

Global Atomic (TSX: GLO; US-OTC: GLATF) has finalized the formation of Societe Miniere de Dasa (Somida) as its mining subsidiary for the Dasa uranium project in Niger and the government has increased its interest to 20%, which includes a 10% free carried interest and an additional 10% interest to be funded.Somida will be headed up by Moussa Souley, a Nigerian mining engineer who previously served...Read More

Stanmore Coal pays Mitsui $380M for full control of Queensland coal mines

August 12, 2022 / Cecilia Jamasmie

Australia's Stanmore Coal (ASX: SMR) has acquired the remaining 20% stake in the South Walker Creek and Poitrel coal mines in Queensland from Japanese trading house Mitsui & Co. in a deal valued at US$380 million.The move, which seeks to complete the takeover of the metallurgical coal joint venture BHP Mitsui Coal (BMC), follows a deal inked in November with BHP to buy the mining giant's majority...Read More

Canadian miners in Mexico Snapshot: Eight companies to watch

August 12, 2022 / Carl A Williams

With its mining friendly policies, highly prospective mineral belts, and well-developed infrastructure and regulatory regimes, Mexico is an attractive jurisdiction for mining companies of all sizes. Below are eight companies with exploration, development, and production-stage projects in the country. ALTALEY MINING Mining equipment at Altaley's Tahuehueto Gold Mine project in north-western Duran...Read More

How Would You Like to Play With These Plushies?

August 12, 2022 / Jason Simpkins

It's kind of embarrassing to admit, but when I was growing up, I had a small army of stuffed animals.They had cute, fun names like Pound Puppies, Popples, My Favorite Monster, and, of course, Teddy Ruxpin. Well, the children of Ukraine, if they ever get a reprieve from the ongoing war crime that is Russia's invasion, are going to grow up with an entirely different set of plushies. Ones that look...Read More

RT @SonoroGold: Geopolitical uncertainty has quietly supported #gold prices, but now the volume has been turned up

Thu Aug 11 14:44:02 2022 / Sonoro Gold Corp. (TSX.V:SGO)

Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead full newsRead More

RT @stockhouse: NextSource Materials (#TSX: $NEXT) provides update on Molo Graphite Mine in Madagascar

Thu Aug 11 13:18:28 2022 / Stockhouse Publishing

Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More

RT @stockhouse: Conifex Timber (#TSX: $CFF) announces Q2 2022 results and NCIB

Thu Aug 11 13:18:12 2022 / Stockhouse Publishing

Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More

RT @stockhouse: Hero Innovation Group (#CSE: $HRO) introduces Hero Financials

Thu Aug 11 13:18:07 2022 / Stockhouse Publishing

Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More

RT @stockhouse: Talon Metals (#TSX: $TLO) acquires exploration rights for Henry Ford land package

Thu Aug 11 13:18:04 2022 / Stockhouse Publishing

Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More

Promising Results from Summer Exploration at Donlin Gold Mine

Thu Aug 11 08:42:16 2022 / Staff reporter

Developers of Donlin Gold in Alaska say they are pleased with initial results of this season's exploratory drilling.Read full newsRead More

Gold Rush Finance Launches as a Seamless BNB Mining Platform

Thu Aug 11 08:42:15 2022 / Staff reporter

Hong Kong , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Gold Rush Finance an NFT Game-Fi project aimed at giving players both gaming and passive income launches as a seamless BNB mining platform. The Game-Fi industry has transitioned over the years, with most of the revolutionary changes taking place in the few months. New features have been introduced to the space making it one of the most sought-after dom...Read More

Artisanal gold mining in South Africa is out of control. Mistakes that got it here

Thu Aug 11 08:42:14 2022 / Staff reporter

Artisanal gold mining is highly organised and rule-bound. Men, women and even children participate a hierarchy sustained by a web of buyers, sponsors and customers.Read full newsRead More

Gold Rush Finance To Make Your BNB Mining Experience Seamless

Thu Aug 11 08:42:11 2022 / Staff reporter

The Game-Fi industry has transitioned over the years, with most of the revolutionary changes taking place in the few months. New features have been introduced to the space making it one of the most sought-after domains in the crypto space. The excitement of gaming coupled with the rewarding protocols has got the gaming community hooked! [...]Read full newsRead More

ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA

Thu Aug 11 05:40:50 2022 / Staff reporter

Vancouver, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) ("Asante" or the "Company") is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interes...Read More

Centerra Gold shares plummet as permit issue halts production from Turkish mine

Thu Aug 11 05:40:49 2022 / Staff reporter

Shares fell to lowest value in over two years as miner nearly halved annual gold production guidanceRead full newsRead More

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