Новости за 07.09.2022

Canadian company Sabina Gold & Silver has formally committed to building the C$610-million Goose mine in Nunavut, with full construction set to start in 2023 and first production in 2025. The Goose mine is Sabina’s first mine on the 80-km long Back River gold district, a multi-generational mining district already with a high-grade world-class gold endowment.

Gold prices inched higher on Wednesday as a slight pullback in US bond yields and bargain-hunting underpinned the market, although a stronger dollar and aggressive interest rate hike fears limited gains. Spot gold edged up 0.1% to $1 702.59 per ounce by 12:07 GMT, having dropped to its lowest since September 1 at $1 690.10. US gold futures were little changed at $1 713.30.

Bullion miner Gold Fields is strengthening its presence in Chile with a C$15-million investment in TSX-V-listed explorer Torq Resource. “An investment of this size at this early stage of exploration represents tremendous confidence in our projects, our approach and our team,” comments Torq CEO Shawn Wallace.

Precious metals miner Great Panther Mining on Tuesday filed for creditor protection, as the company warned that it would likely default on several material debtor agreements owing to liquidity constraints. The TSX-listed miner also announced that it would place its Tucano gold and silver mine, in Brazil, on care-and-maintenance.

Indonesia will likely lose in its trade dispute against the European Union (EU) over the Southeast Asian country's 2020 ban on exports of nickel ore, President Joko Widodo said on Wednesday. But regardless of the World Trade Organisation's (WTO) decision in the dispute, Indonesia will move ahead with plans to impose similar bans on exports of other raw commodities, the president told an economists' forum in Jakarta.

Financially troubled Trevali Mining will be delisted from the TSX on October 3. Trading in Trevali’s shares has been suspended since August 22, when the company filed for protection under the Companies' Creditors Arrangement Act and this suspension will continue until the delisting takes effect.

Federal Resources Minister Madeleine King said that there was still scope for Australia to provide traditional commodities such as iron-ore and coal to meet global demand, but that the country should also capitalise on the net-zero drive. Speaking at a Minerals Week event, in Canberra, King vowed that the government would provide the policy certainty necessary for a domestic economy as the world underwent a massive energy transformation.

Two indigenous communities from Ecuador's Amazon region on Tuesday demanded the Constitutional Court enforce rulings from 2018 and 2019 to protect thousands of hectares (thousands of acres) of tropical jungle from oil and mining projects. Local courts in Ecuador ruled separately in favor of the A'i Cofan community of Sinangoe, in the country's Sucumbios province, as well as 16 Waorani communities in Pastaza province, arguing they had not received prior consultation concerning extractive projects slated for their territories... Читать дальше...

Uranium developer Bannerman Energy has started share trading on the OTCQX in the US, after having been upgraded from the OTCQB. The company, which will continue to trade under the OTC market symbol BNNLF, said on Wednesday that the approval to trade on the OTCQX was a significant corporate milestone, and appropriately timed ahead of the definitive feasibility study for the Etango-8 project, in Namibia, which is due for completion in the December quarter.

The Industrial Development Corporation of South Africa (IDC) has struck a deal with copper developer Orion Minerals to fund 43.75% of the pre-development costs and facilitate black economic enterprise (BEE) ownership at the Okiep project, in South Africa. Under the terms of the agreement, the IDC will become a major shareholder in the New Okiep Mining Company (NOM), alongside Orion, which will hold 56.25% of NOM’s ordinary shares.