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Dave Kranzler: Love the Weakness When It Comes-and Buy More

April 28, 2022 / marketsanity.com

Sprott Money, Released on 4/28/22It's been a tumultuous month, with a market correction where all the latecomers got flushed fast. Does this mean the bull market is over? Host Craig Hemke sits down with Dave Kranzler of The Mining Stock Journal to break down all the month's gold and silver news.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily...Read More

Analyst: Red Metal Stock Set to Grow

April 29, 2022 / www.theaureport.com

This junior mining explorer hopes drilling will confirm the high-grade copper it has found in fieldwork at its project in British Columbia.Like it has every week for the last 15 weeks, Fabled Copper Corp. (FABL:CSE) on Wednesday released more surface fieldwork results from its Muskwa copper project in British Columbia.The results from the fieldwork have been so good - including samples of 27.2% co...Read More

'Resource Update Bodes Well for Upcoming PFS'

April 29, 2022 / www.theaureport.com

This development-stage mining company upgraded the mineral resources for two deposits at its B.C. project, noted a Red Cloud Securities report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) increased the combined updated gold equivalent resources at its Mitchell and East Mitchell deposits at KSM by 21%, reported Red Cloud Securities analyst David Talbot in an April 18 research note. As such, Red Cloud...Read More

Metals Explorer Targets Untapped Deposits in Alaska

April 29, 2022 / www.theaureport.com

Blackwolf Copper and Gold Ltd. has increased its resources and holdings in Alaska by staking new claims and continuing with infill and expansion drilling. Couloir Capital Ltd. commented in a research note that it has initiated coverage on Blackwolf Copper and Gold Ltd. with a "Buy" rating and estimates that the company has a "Fair Value" of CA$1.28 per share.Couloir Capital Ltd. Mining Analyst Nia...Read More

Mining Co. Boosts M&I Resources by Nearly 1 Billion Tons

April 29, 2022 / www.theaureport.com

The upgrading of resources from Inferred to Measured and Indicated "should allow the company to demonstrate improved economics compared to [its] previous prefeasibility study," noted a ROTH Capital Partners report.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) converted a significant amount of Inferred resources to the Measured and Indicated (M&I) category with its resource estimate update for KSM's M...Read More

GR hits big with Plomosas infill drilling

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

The hole was part a surface infill drilling programme at the Plomosas mine area, targeting intervals on the upper levels of the historical Plomosas underground mine where unsampled intervals ofRead More

Rio Tinto invests in Arizona Sonoran Copper

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

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Nuton is Rio's portfolio of proprietary copper leach related technologies which aim to deliver increased copper reco...Read More

Lithium Americas backs ASX newcomer

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

Look beyond market approach to project valuations: van ZylLeadershipEro Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixHistoric assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsGT1 was formed to take control of Ardiden's legacy lithium assets is raising $55 million, including LAC's investment.&nb...Read More

Biden ties $33bn Ukraine funds to strategic minerals...

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

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Part of the $33 billion funding request to Congress would, if approved, be used to develop US domestic production of...Read More

US SEC charges Vale over Brazil dams, ESG disclosures...

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

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron The SEC's complaint, filed in U.S.Read More

Rapaport Weekly Market Comment

April 28, 2022 / www.diamonds.net

News: Market sentiment mixed. US retail and high-end jewelry sales strong and supporting the trade. China slow. Dealer caution stemming from inflation concerns, China Covid-19 lockdowns, and Russia-Ukraine war. Expectations that Russian sanctions will lead to shortages, especially in smaller goods. UK imposes 35% import duty on Russian diamonds. De Beers 1Q production +25% to 8.9M cts., sales vol...Read More

Fawaz Gruosi Leaves Role at Eponymous Brand

April 28, 2022 / www.diamonds.net

RAPAPORT... Fawaz Gruosi has departed his position as creative consultant to the jewelry brand that bears his name.The designer stood down in recent days after three years working with Creative Luxury Holding (CLH), the company said in a statement on Tuesday."CLH and Mr Gruosi had committed to a clear long-term commercial strategy for the business," CLH said. "However, recent decisions by Mr...Read More

Lucapa Sales Drop as Polished Profits Dry Up

April 28, 2022 / www.diamonds.net

RAPAPORT... Revenue at Lucapa Diamond Company slipped in the first quarter amid a lack of large-stone sales and the absence of income from a supply agreement with Safdico.Revenue from the miner's Mothae deposit in Lesotho plunged 49% year on year to $5.9 million, Lucapa said Thursday. This reflected an unfavorable comparison with the same period of 2021, when the company sold two D-color diamonds...Read More

Rio Tinto to Help 1,100 Workers when Diavik Closes

April 28, 2022 / www.idexonline.com

(IDEX Online) - Plans to close Canada's Diavik mine in 2025 will have a significant impact on the local economy, owners Rio Tinto warned this week.The deposit (pictured), 300 km northeast of Yellowknife, is one of the largest employers in Northwestern Territories, providing 1,100 jobs, and contributing almost 10 per cent of its GDP.However, Rio Tinto says it will helps workers redeploy within...Read More

Burgundy Encouraged by Fancy Orange and Yellow Diamonds Found at Naujaat

April 28, 2022 / www.idexonline.com

(IDEX Online) - Bulk sampling has confirmed a "significant population of fancy orange and yellow diamonds" at Canada's Naujaat mine.Australian owners Burgundy say they are encouraged by results of the project, which is 70 per cent complete.A total of 268 diamonds over 0.21 carats, weighing 117.98 caratswere recovered from 1,316 dry tonnes of kimberlite at the mine, in the remote, Arctic terri...Read More

Bonhams Hires Jewelry Chief in Hong Kong

April 26, 2022 / www.diamonds.net

RAPAPORT... Bonhams has appointed Stewart Young as director of jewelry and head of Asia for the category.Young has more than 10 years of experience in the auction industry, having previously held the position of deputy director and specialist at Sotheby's, as well as of director of jewelry at Tiancheng International Auctioneer in Hong Kong. He also worked as an independent jewelry designer, Bonham...Read More

Glencore revises full year production guidance

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

Glencore has reduced its copper guidance for 2022 by 3% or 40,000 tonnes and cut its cobalt guidance by 6% or 3,000 tonnes because of setbacks at the Katanga mine, the Zug-headquartered commoditiesRead More

Lundin beats estimates, lands Josemaria

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

Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Lundin posted attributable earnings of US$345.1 million or $0.47 per share for the first three months of this year,...Read More

Vale's soft production hits financials

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

West Africa an improved opportunitySPONSOREDMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesLake Resources targeting 100ktpa lithium productionSPONSOREDlake resources"Despite the challenging quarter in our operations, we are on track to deliver on our commitments for 2022," the mining giant's CEO Eduardo Bar...Read More

Tech Talk for Thursday April 28th 2022

April 28, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 63 points at 7:30 AM EDT. First quarter annualized real GDP in the U.S. is scheduled to be released at 8:30 AM EDT. Consensus is an increase of 1.0% versus a gain of 6.9% in the fourth quarter. Meta Platforms (i.e. Facebook) jumped $32.95 to $207.80 after reporting higher than consensus first quarter earnings. Teledoc...Read More

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