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Canadian Critical Minerals Inc V.CCMI

Alternate Symbol(s):  RIINF

Canadian Critical Minerals Inc. is a Canada-based mining company primarily focused on two near-term copper production assets in Canada. The Company’s main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia, which has a Mineral Resource containing copper, gold and silver. It also owns a 30% interest in the Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario, which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold. The Thierry Project is a past-producing copper and nickel mine located approximately 15 kilometers (km) west of Pickle Lake, Ontario. The property is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource. Its subsidiaries include Bull River Mineral Corporation, Gallowai Metal Mining Corporation, Grand Mineral Corporation, and Stanfield Mining Group of Canada Ltd.


TSXV:CCMI - Post by User

Comment by Wayned52on Dec 04, 2021 1:11pm
98 Views
Post# 34198521

RE:Alpine project

RE:Alpine projectSorry I can`t find the storyfor China`s gold imports in October . Few people will read it anyway .
  BUT :

Singapore increased its gold reserves by about 20% earlier this year in a largely under-the-radar move that saw holdings expand for the first time since the secular gold bull market began at the turn of the century. The purchases, which totaled over 26 tons, took place over May and June, according to data from the Monetary Authority of Singapore's International Reserves and Foreign Currency Liquidity reports.

The Irish central bank has also been adding to its gold reserves, announcing the purchase of 2 tons of gold in recent months. This ended a more than decade-long period of unchanged holdings in bullion. While the institution has given no reason for the increase in its stockpile, the Governor Gabriel Makhlouf last week warned that policy makers cannot afford to be complacent on inflation.

Then this morning, Russia's finance ministry said its regular FX and gold purchases on the market will total 502 billion rubles ($6.81 billion) over the month of December. A Reuters poll of analysts predicted that FX buying would total 475 billion rubles.

According to the World Gold Council, which noted strong purchases by Thailand, Hungary and Brazil earlier this year, central bankers' appetite for gold grew in the first half of the year. Global reserves expanded 333.2 tons in H1/2021, 39% higher than the five-year average for the period.

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