Mining Articles

Power Nickel up 14% on Quebec drill results

March 15, 2022 / Editor

Share this article VANCOUVER - Power Nickel Inc. [PNPN-TSXV, CMETF-OTCQB] shares rallied Tuesday after the company released drilling results from its Nisk nickel sulphate project near James Bay, Quebec"The results showcase Nisk's potential to have a commercial high-grade nickel sulphate deposit,'' said Power Nickel CEO Terry Lynch. "Our objectives in this initial drill program conducted by Powe...Read More

Thin Edge of the Wedge: Crypto Regulation

March 15, 2022 / Christian DeHaemer

Last week, President Joe Biden signed an executive order that instructed government agencies to study the idea of developing a digital U.S. dollar to combat "illicit finance.""We need a comprehensive, all-of-government framework to address the emerging risks and opportunities that digital assets pose," said White House economic adviser Brian Deese.Cameron Winklevoss, early proponent of Bitcoin and...Read More

Probe Metals hits new gold mineralization at Monique property in Quebec

March 15, 2022 / Jackson Chen

Probe Metals (TSXV: PRB; US-OTC: PROBF) has released additional results from last year's drill program at the Monique property, part of the company's district-scale Val d'Or East project in Quebec.These included 71 holes from the 2021 resource expansion and infill drill program, which revealed new gold mineralization along strike and at depth to the east, southeast and south of the former Monique...Read More

Nickel trading to restart on March 16: LME

March 15, 2022 / Posted Naimul Karim

The London Metal Exchange (LME) will resume trading nickel contracts at 08:00 London Time on March 16, the exchange announced, and it will set daily price limits in either direction for all base metals. The LME was forced to cancel nickel trading on March 8 following an abnormal 250% price spike triggered by Western sanctions against Russia that pushed the price of the metal above a record US$1...Read More

Power Nickel's shares rise as it announces drill results from Nisk project in Quebec

March 15, 2022 / Naimul Karim

Power Nickel (TSXV: PNPN; US-OTC: CMETF) has announced drill results from its Nisk nickel sulphate project near James Bay in Quebec, which the company expects to become one of the "greenest ESG mines" in the future. The drill results have "confirmed" the presence of "high-grade nickel mineralization" in the central portion of the Nisk Main zone, the company said. Highlights from the drill re...Read More

Stuhini tables resource estimate for Ruby Creek in B.C.

March 15, 2022 / Jackson Chen

Stuhini Exploration (TSXV: STU) has completed a pit-constrained mineral resource estimate for the Ruby Creek molybdenum deposit located 35 kilometres east of Atlin in British Columbia. The resource estimate was undertaken by Mine Development Associates (MDA), a division of RESPEC, and according to its calculations, Ruby Creek contains pit-constrained measured and indicated resources of 432.99 mil...Read More

Blockade halts Southern Copper's Cuajone mine in Peru

March 15, 2022 / Cecilia Jamasmie

Operations at Southern Copper's Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company's access to a water reservoir and other key supplies, the country's mining and energy industry body has revealed.The blockade began on February 28, when Southern Copper made the decision to replace a 50-year-old water pipe that supplies nearby communities.According to Raul J...Read More

The Northern Miner Podcast - episode 282: Russia-Ukraine war leading to 'multipolar' world, ft George McLeod on commodities, sanctions and the dollar

March 15, 2022 / Posted Adrian Pocobelli

This week's episode features Access Mining managing partner George McLeod in conversation with Northern Miner Podcast host Adrian Pocobelli on the Russian invasion of Ukraine, the potential boomerang impact of sanctions, and which metals are most likely to be impacted by the conflict.George McLeodGeorge McLeod is a Southeast Asia specialist who has worked in the region for 12 years. He served as P...Read More

Canada's capex raising credentials remain a siren call for mine developers

March 15, 2022 / Posted Henry Lazenby

For more than a century, Canada has been the global leader in capital formation for the mineral exploration and development industry. However, in the wake of modern demand for niche technology minerals, a general underperformance in mining equities and dwindling investor interest, the mining finance sector needs to innovate to help keep its participants engaged and keep them from considering listi...Read More

Bluestone Resources on Crux Investor: $2.35B Free Cash Flow over Life of Mine

Mar 15, 2022 / Lundin Group of Companies

Matthew Gordon spoke to Jack Lundin, CEO of Bluestone Resources (TSX-V: BSR), to discuss the company's recently released ...Read More

Johan Sverdrup Phase 2 Offshore Installation Completed

Mar 15, 2022 / Lundin Group of Companies

Lundin Energy (Nasdaq Stockholm: LUNE) is an experienced Nordic oil and gas company that explores for, develops and ...Read More

Kinross pours first gold bar at La Coipa - March 9, 2022

Mar 15, 2022 / KinrossGold

On March 9th, we announced that our La Coipa project in Chile had achieved a significant milestone and poured its first gold bar.Read More

What are the Risks in the Current Resource Market?

Mar 15, 2022 / Junior Stock Review

https://www.juniorstockreview.com/premium Bill Powers of Mining Stock Education asks me to give my view on the risks in the ...Read More

Rio Tinto unveils US$2.7 billion Turquoise Hill bid

March 14, 2022 / Editor

Share this article TORONTO - Rio Tinto Rio Tinto Plc [RIO-NYSE] said Monday it has made a non-binding proposal to acquire the 49% stake in Turquoise Hill Resources Ltd. [TRQ-TSX] it does not already own for US$2.7 billion.Under the all-cash proposal, Turquoise Hill minority shareholders would receive $34 per share, an amount that represents a 32% premium on the last closing price of the shares on...Read More

The Day We've Been Waiting for Is Here

March 14, 2022 / Luke Sweeney

I didn't think it would arrive so soon, but unpredictability seems to be the only thing we can count on nowadays. This might be the biggest year for electric vehicles on record. The whiplash-inducing swings we've seen from the oil market have a lot of drivers reconsidering their addiction to gasoline. But like I've mentioned before, the world isn't quite ready for that. That's where Putin comes...Read More

Garrett Ainsworth, President and CEO, District Metals Corp. (TSX-V: DMX, FRA: DFPP) Discusses their Advanced, Exploration-stage, Polymetallic Property, in a World Class Mining District: Bergslagen, Sweden

14/3/2022 / Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, USA

We spoke with Garrett Ainsworth, who is President and CEO of District Metals Corp. (TSX-V: DMX, FRA: DFPP). District Metals is focused on their advanced, exploration-stage, polymetallic Tomtebo Property, located in the Bergslagen Mining District of south-central Sweden. Tomtebo comprises 5,144 ha and is situated between the historic Falun Mine and Boliden's Garpenberg Mine that are located 25 km t...Read More

UPDATE: Rio Tinto goes after Turquoise Hill in US$2.7B bid

March 14, 2022 / Cecilia Jamasmie

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has offered US$2.7 billion for the 49% of shares it doesn't already own in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) in a move that seeks gaining direct controlling ownership of the vast Oyu Tolgoi copper-gold mine in Mongolia.The world's second-largest miner is offering $34 per each outstanding share of Turquoise Hill Resources it does not already ow...Read More

Marathon Gold buys net profit interest royalty on Valentine project

March 14, 2022 / Jackson Chen

As exploration continues on its Valentine gold project in central Newfoundland, Marathon Gold (TSX: MOZ) has purchased for cancellation the historical 7.5% net profit interest royalty covering certain mineral resource areas on the property.The royalty relates to certain properties at the Valentine project initially granted to Reid Newfoundland Company in the early part of the last century, in conn...Read More

FPX Nickel continues to showcase strong near-surface grades from Baptiste project

March 14, 2022 / Jackson Chen

FPX Nickel (TSXV: FPX; US-OTC: FPOCF) has released results from its summer 2021 infill drill program at the Baptiste project, part of the company's 100%-owned Decar nickel district in central British Columbia.The Decar district covers 245 sq. km of area in the Mount Sidney Williams ultramafic/ophiolite complex, and is located 90 km northwest of Fort St. James. The Baptiste nickel deposit is the mo...Read More

Mineral Resources takes stake in Global Lithium, boosts battery metals exposure

March 14, 2022 / Cecilia Jamasmie

Australia's Mineral Resources (ASX: MIN) will pump A$13.6 million (US$9.80 million) into fellow explorer Global Lithium Resources (ASX: GL1) as part of a A$30 million (US$21.61 million) placement that seeks to speed up exploration programs at Marble Bar and Manna lithium projects in Western Australia.The move gives Mineral Resources 10.1 million shares or a 5% stake in Global Lithium. It also gran...Read More

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