Recent News

The United States is giving ANOTHER $10 billion to Ukraine in coming days, says Treasury Secretary Janet Yellen

February 23, 2023 / marketsanity.com

The Indian Express (via MSN), Released on 2/23/23"Our economic assistance is making the resistance possible, funding key public services and is keeping the (Ukrainian) government running," she said, noting that February 24 would mark one year of Russia's Continue... The United States is giving ANOTHER $10 billion to Ukraine in coming days, says Treasury Secretary Janet Yellen added by Herman James...Read More

Gold: What "Colossal" Central Bank Buying May Mean / Commodities / Gold & Silver 2023

February 23, 2023 / www.marketoracle.co.uk

"Central banks are so confident that gold prices will continue rising that they are..."Central banks have been scooping up gold with a vengeance.Here's a Jan. 31 Financial Times headline:'Colossal' central bank buying drives gold demand to decade highInterestingly, just a few days later on Feb. 3, the precious metal dropped by more than 2%. But setting aside near-term price moves in gold, what yo...Read More

Los Andes grows Vizcachitas with PFS

February 23, 2023 / www.mining-journal.com

An increase in throughput from 110,000tpd to 136,000tpd would see the project produce 183,000tpa of copper, 11Mlb of molybdenum and 1.Read More

Hurry up and wait: mining's predicament

February 23, 2023 / www.mining-journal.com

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesGreat change and innovation are needed to meet the demands of the energy...Read More

Newmont sees growth and reduced costs

February 23, 2023 / www.mining-journal.com

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesThis became adjusted net earnings of $1.7 billion after including&n...Read More

Rio Tinto turns its attention to growth

February 23, 2023 / www.mining-journal.com

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resources"We're turning ourselves into a company that is again growing after quit...Read More

Albemarle and MinRes restructure lithium JV

February 23, 2023 / www.mining-journal.com

The companies have restructured the MARBL joint venture, which owns the Wodgina lithium mine in the Pilbara and the Kemerton hydroxide plant in Western Australia's South West.Read More

Lithium Americas looks to derisk Thacker Pass with...

February 23, 2023 / www.mining-journal.com

The letter determines that all the information for the loan is in order and means that the company can now progress with due diligence and term sheet negotiation.Read More

Explorers celebrate conference freedom

February 23, 2023 / www.mining-journal.com

New World's Antler points to high-return copper productionSPONSOREDnew world resources Nordic Nickel gears up for Pulju pushSPONSOREDnordic nickelSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAruma sprinting through lithium field raceSPONSOREDaruma resourcesWith thousands registered, hundreds of attendees continually weaved thei...Read More

Lucapa Recovers 150-ct Diamond at Lulo

February 23, 2023 / www.idexonline.com

(IDEX Online) - Lucapa has recovered a 150-carat Type IIa D-color white diamond at its Lulo alluvial mine, in Angola.The Australian miner says it's the 36th +100-carat diamond (pictured) from the mine since it began commercial production in 2015.The recovery, the fifth +100-carat from block 28 of the mine, was made with partners Endiama and Rosas & Petalas.Lucapa, which also operates the...Read More

Back to Work at India's Only Diamond Mine

February 23, 2023 / www.idexonline.com

(IDEX Online) - India's mothballed diamond mine at Majhgawan-Panna is due to resume production this July, with a forecast output of up to 84,000 carats a year.Work was halted at the country's only industrial mine at the end of December 2020 when environmental clearances lapsed following concerns from the nearby Panna Tiger Reserve.But the National Mineral Development Corporation (NMDC),...Read More

First Quantum suspends Cobre Panama

February 23, 2023 / www.mining-journal.com

The company said it believes that all of AMP's requirements under to allow concentrate loading have been met and exceeded, but the authority continues to block export operations.Read More

Trident sells gold royalties, to focus on new acquisitions...

February 23, 2023 / www.mining-journal.com

Trident has a strategy of investing in a range of commodities, differenting it from most other royalty companies Trident has sold gold royalties for Rebecca2, Spring Hill3, and three other projects toRead More

Copper production to rise as Gilar and Zafar mines openCopper News

February 23, 2023 / www.mining-journal.com

Anglo Asian guided for 2023 gold production of 30,000-32,000oz, down from full-year 2022 production of 43,114 oz. Copper production is guided for 4,100- 4,300t, up from 2,516t in 2022.Read More

Atalaya releases new Riotinto PEA

February 23, 2023 / www.mining-journal.com

Atalaya noted strong potential economic results, after the PEA showed a net present value (NPV) of US$1.57 based on a base case range of copper, zinc and lead prices, and up to US$1.Read More

Tech Talk for Thursday February 23rd 2023

February 23, 2023 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade. Index futures moved lower following release of second estimate of fourth quarter real GDP at 8:30 AM EST. Consensus was unchanged at an annual growth rate of 2.9%. Actual was growth at 2.7%.NVidia advanced $18.06 to $225.60 after reporting higher than consensus fourth quarter earnings. M...Read More

"How Are People Paying for This Shopping Spree?"

February 23, 2023 / dailyreckoning.com

"How are people paying for this shopping spree?"Here market analyst Michael Maharrey makes indirect reference to the "strong" economy presently in existence.And we are assured this economy bulges with the highly striated musculature of a he-man.MarketWatch, for example, informs us that:"Mortgage Rates Rise Again on Signs of Strong Economy"…No less an authority than The New York Times exults...Read More

The Lesser Rewriters of a Great Author

February 23, 2023 / dailyreckoning.com

Good morning on this fine Thursday.I bring news from my other adopted country, the United Kingdom.You may know I lived in London for nearly ten years and consider myself a cultural Anglophile. (But not a political one; the British polity lost the plot ages ago.)The UK is the home of European Woke, especially London. If you think Prince Harry (that ginger idiot) is a one-off, you'd be wrong. He was...Read More

GMS: Hecla chairperson promotes family offices, solar power, North America focus

February 23, 2023 / www.northernminer.com

Catherine Boggs, chairperson of Hecla Mining (NYSE: HL), the largest silver producer in the United States, sees opportunities for juniors to tap private wealth, a new lifeline in solar panels and geopolitical soundness in North American operations. Boggs, speaking online Wednesday at The Northern Miner's first Global Mining Symposium for 2023, mentioned how family funds under private management...Read More

Los Andes Copper prefeasibility for Vizcachitas outlines 'Tier 1 asset'

February 23, 2023 / www.northernminer.com

Los Andes Copper (TSXV: LA; US-OTC: LSANF) has completed a positive prefeasibility study for its 100% owned Vizcachitas project in Chile, highlighted by a US$2.8-billion post-tax net present value using an 8% discount rate and an internal rate of return of 24%.The economics were calculated using metals prices of US$3.68 per lb. for copper, US$12.9 per lb. for molybdenum and US$21.79 per oz. for si...Read More

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