Stock Articles

Nicaragua approves Calibre's EBP scheme

28 October 2022 / Staff reporter

The approvals come just days after the US Treasury Department extended sanctions against the Nicaraguan General Directorate of Mines on 24 October  in an attempt to isolate the country'sRead More

Perpetua gets US Forest Service backing for Stibnite...

28 October 2022 / Staff reporter

Identification of the preferred alternative by the USFS is a major milestone in the advancement of the project and provides clarity for the remainder of the Read More

More US Fed pain seen next week

28 October 2022 / Staff reporter

The Federal Open Market Committee is expected to raise interest rates for a fourth consecutive meeting next week as its tackles 40-year high inflation.Read More

N.America miners cautiously see inflation dip

28 October 2022 / Staff reporter

Cost inflation has been a major drag on the financial performance of miners since COVID-19 disrupted global supply changes.Read More

Yamana Gold Q3 backs case for Gold Fields takeover...

28 October 2022 / Staff reporter

Yamana Gold reiterated its 2022 production guidance of 1 million gold equivalent ounces (GEO) and indicated all-in sustaining costs (AISC) costs would be at the upper end of its target of US$1,080/oz.Read More

War in FSU hits Glencore zinc, boosts trading revenues...

28 October 2022 / William Clarke

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limited"Following...Read More

Global Atomic homes in on Dasa financing

28 October 2022 / Staff reporter

With steady progress being made on the ground,company president and CEO Stephen Roman, CEO, Global Atomic Corp.Stephen Roman hopes to wrap up project financing shortly as his team vies to bring what is Africa's largest highest-grade uranium project online in a little over two years from now. Several pieces must fall into place in order for that to happen, but favourable uranium market co...Read More

Canada boosts protections for critical minerals

28 October 2022 / Staff reporter

François-Philippe Champagne, Minister of Innovation, Science and Industry, today issued additional direction with regard to the application of the Investment Canada Act in cases involvingRead More

LME Week shows mood surprisingly upbeat

28 October 2022 / Staff reporter

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedTypically a...Read More

Tech Talk for Friday October 28th 2022

28/10/2022 / Staff reporter

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade.Index futures were virtually unchanged following releases of economic news at 8:30 AM EDT: September PCE Price Index, September Personal Income and September Personal Spending.Intel $INTC added $$1.17 to $27.44 after reporting higher than consensus quarterly earnings. Pinterest $PINS gai...Read More

Spac started by ex-Rusal M&A wiz hunts for green metals giant

October 28, 2022 / Posted Colin McClelland

ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several hundred million dollars as soon as possible.The new asset will form the core of ACG, a special purpose acquisition company, or "spac", chief executive officer Artem Volynets said in an interview. "Our intention is to ac...Read More

Federal government stiffens guidelines on foreign involvement in Canada's critical mineral sectors

October 28, 2022 / Posted Blair McBride

The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada's critical minerals sectors.In a joint news release issued Friday, Fran??ois-Philippe Champagne, Minister of Innovation, Science and Industry, and Natural Resources Minister Jonathan Wilkinson said that under the updated guidelines for ho...Read More

Calibre granted environmental permits to develop Eastern Borosi project in Nicaragua

October 28, 2022 / Staff Reporter

Nicaragua authorities have granted critical environmental permits to Calibre Mining (TSX: CXB; OTC: CXBMF), greenlighting the open pit and underground mine developments at its Eastern Borosi gold project (EBP).Calibre is advancing the development of the high-grade EBP deposits, which are scheduled to be in production by next year, feeding into the company's Libertad processing facility."Approval o...Read More

Argonaut completes financing package for Magino

October 28, 2022 / Posted Northern Miner Staff

Argonaut Gold (TSX: AR) has closed the sale of a 2% net smelter return royalty on its Magino project and surrounding land package in Ontario to Franco-Nevada (TSX: FNV) for US$52.5 million and a US$10 million equity private placement. Argonaut issued 34.69 million common shares to Franco-Nevada at a price of $0.3931 per share.In addition, the company has closed its previously announced US$250 mill...Read More

Teck Resources hikes cost of QB2 copper project in Chile again

October 28, 2022 / Posted Cecilia Jamasmie

Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least US$500 million.Canada's largest diversified miner now expects QB2 to cost between US$7.4 billion and US$7.75 billion, up from a July 2022 guidance of US$6.9 billion to US$7 billion, and an earlier estimate of US$4.7 billion...Read More

Indigenous-led EAs are on the horizon

October 28, 2022 / Posted Alisha Hiyate

At the recent Indigenous Led Projects Forum in Toronto in late September - the first event of its kind - co-host Michael Fox shared some of the big changes that he's seen in Canada's Indigenous communities over his lifetime.The 54-year-old said it wasn't until the 1980s that an Indigenous family member owned a car - - - a symbol of success. Later, the high water mark was the first Indigenous perso...Read More

Osisko Mining bulk sample averages 65.5 grams gold per tonne

October 28, 2022 / Posted Marilyn Scales

Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau.Recently it mined a 4,809-tonne bulk sample from the 600 level of the Lynx deposit. The sample averaged 65.5 grams gold per tonne. The actual grade of the material processed was 169% higher than the block model predi...Read More

Gareth Soloway: Economy Will Fall Off A Cliff

28/10/2022 / Herman James

Liberty and Finance, Released on 10/28/22"There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation. The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts. "You're going to see a prolonged bear market," he says, "I don't think we're going to make...Read More

Canada to launch digital ID together with WEF

28/10/2022 / Herman James

Wall Street Silver - Twitter, Released on 10/28/22Canada to launch digital ID together with WEF... the initiative removes the need for physical passports and can also be used as a combined vaccine passport... and will fit well with the CBDC and social credit score...All for your safety and well-being of course.#WEF #KlausSchwab pic.twitter.com/HTesMKYdEZ- Wall Street Silver (@WallStreetSilv) Octob...Read More

Glenn Greenwald: Meet The Consortium Imposing The Growing Censorship Regime

28/10/2022 / Herman James

Glenn Greenwald's Substack, Released on 10/28/22The rapid escalation of online censorship, and increasingly offline censorship, cannot be overstated. The silencing Continue... Glenn Greenwald: Meet The Consortium Imposing The Growing Censorship Regime added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More

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