Anglo American's De Beers, the world's largest rough diamond producer by value, has sold the first roughs produced under the GemFair program, aimed at removing conflict diamonds from the market by tracing the route of precious stones dug up by artisanal and small-scale miners (ASM).The company said several ethically sourced, traceable diamonds from prospectors in Sierra Leone were available at the...Read More
This week's episode features First Cobalt CFO Ryan Snyder in conversation with Mining.com executive editor Frik Els at the Global Mining Symposium. Ryan discusses the global cobalt market and how Western governments are seeking to shorten supply chains to become more independent of China, which is seen as increasingly unreliable trade partner. He also explains how auto manufacturers are being pres...Read More
Newmont (TSX: NGT; NYSE: NEM) has cut full-year production guidance for its Boddington gold mine in Western Australia by 140,000 ounces below the originally set target of 830,000 ounces. The announcement comes as Newmont delivered the gold industry's first Autonomous Haulage System (AHS) fleet at the operation, comprised of 36 trucks, with a total investment of US$150 million. The company...Read More
Following two months of ramp-up, commercial production has been achieved at Thor Explorations' (TSXV: THX) wholly owned Segilola gold mine in Nigeria.Segilola, located in Osun state, was considered Nigeria's most advanced gold project with total probable reserves of 517,800 gold ounces grading 4.02 grams gold per tonne, and now becomes the nation's first ever commercial gold mine.The open-pit mine...Read More
Space: the final frontier. These are the voyages of the starship Enterprise. Its five-year mission: to explore strange new worlds. To seek out new life and new civilizations. To boldly go where no man has gone before!Certainly the nerds out there are familiar with the famous tagline from Star Trek.I was always more of a Leonard Nemoy/Spock guy, but there is no arguing that William Shatner as Capta...Read More
Jochen Staiger, Founder and Chief Editor of Commodity-TV hosted a Mining Pitch Battle at Mines and Money Online Connect in ...Read More
Tokens change everything and that is why INK is developing its own community coin Viva. In this week's newsletter, learn how Viva fits into INK's journey to web 3.0 which will be guided by the meta-map.NFTs are front and centre in the INK meta-mapMeanwhile, expect markets to be volatile over the next few weeks, but they could be poised for a rally into year-end. Darius Dale explains. Click here to...Read More
The big spike has come since December 2020 as prices surged 100% in market conditions that can only be described as a perfect storm.Read More
Share this article TORONTO - O2Gold Inc. [OTGO-TSXV] reported results from its continuing drill program that confirm the mineralized system of the main Aurora vein at depth located at its 30,000-hectarer property in Colombia.Drill hole AUR-21-002, located 100 metres north of hole AUR-21-001, intercepted the main Aurora vein and showed the following results: 0.7 metres of 19.26 g/t gold and 10.5...Read More
This might be an unpopular opinion, but I absolutely hate driving. It's hands-down one of the most dangerous things we do on any given day, yet it's normalized to the point of being boring. In a way, I've always found driving to be remarkably similar to my high-school summers spent working as a lifeguard. It was soul-crushingly boring for 99.999% of the time but potentially lethal if I looked aw...Read More
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 "makes a lot of strategic sense" but is likely to be the last blockbuster M&A deal by a major in the Canadian mining sector, according to Haywood Securities mining analyst Kerry Smith."Most of the big deals are done," Smith says in an interview. "T...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has inked a deal to supply nickel sulphate from Western Australia to a battery-making joint venture between Toyota Motor and Panasonic called Prime Planet Energy & Solutions (PPES). The deal will expand BHP's footprint in the electric vehicle (EV) sector. The nickel sulphate will come from the miner's newly opened Kwinana plant, which is expected to produ...Read More
Barrick Gold's (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto gold complex in Mali is set to remain a major contributor to the African nation's economy well into the future as the company continues to replace the ore depleted by mining, according to president and CEO Mark Bristow.The Loulo-Gounkoto complex comprises two distinct mining permits, Loulo and Gounkoto, owned 80% by Barrick, with the remaining 2...Read More
Group Ten Metals (TSXV: PGE; US-OTC: PGEZF) expects to publish its first resource estimate in the coming weeks for the Stillwater West platinum-group elements (PGE) plus gold, copper, nickel and cobalt project in Montana, U.S., president and CEO Michael Rowley tells The Northern Miner.Group Ten is the second-largest landholder in the Stillwater Complex, with a US$15 billion major, Sibanye-Stillwat...Read More
The S&P/TSX Composite Index fell 251.83 points or 1.23% to finish the September 27-Oct. 1 trading week at 20,150.87. The S&P/TSX Global Mining Index fell 0.52 points or 0.55% to 93.45 and the S&P/TSX Global Base Metals Index rose 0.7 points or 0.44% to 158.34. The S&P/TSX Global Gold Index fell 4.12 points or 1.55% to 261.20 and spot gold rose US$10.80 per oz. or 0.62%% to US$1,761.00 per ounce....Read More
The Dow Jones Industrial Average dropped 471.54 points or 1.36% to finish the September 27 to October 1 trading week at 34,326.46 and the S&P 500 fell 98.44 points or 2.21% to 4,357.04. Spot gold rose US$10.80 per oz. or 0.62% to US$1,761 per ounce.Arch Resources topped the list of value gains, jumping US$19.49 to US$97.54 per share on no corporate news. The company announced on September 9 that p...Read More
The S&P/TSX Venture Composite Index fell 10.25 points or 1.17% to finish the Sept. 27 to Oct. 1 trading week at 865.88. Spot gold rose US$10.80 per oz. or 0.62% to US$1,761 per ounce.Shares of Baselode Energy rose 22 ? to 80 ?. The junior announced it intersected a "wide zone of elevated radioactivity" in the first drill program at its Hook uranium project in northern Saskatchewan's Athabasca Basi...Read More
Equity Metals (TSXV: EQTY; US-OTC: EQMEF) is an exploration company with precious metal and diamond projects in B.C. and the Northwest Territories.The Canadian junior is focused on advancing its 100%-owned Silver Queen gold-silver-base metal project in central B.C., about 590 km northwest of Vancouver and 35 km south of the town of Houston.The 18,852-hectare property "offers excellent potential f...Read More
Dear Outsider,It's never been a better time to know what's happening on the inside.Stuffy boardrooms, financial presentations in which you feign interest, cigars that seemed like a good idea 20 minutes ago, glossy business cards, booze that burns, slimy smiles, greasy hair...Now, some of us genuinely enjoy these business dealings.But frankly, it isn't much fun...I'd much rather sit in my backyard...Read More
Hi, Fools! Happy Sunday. If you’re reading this article, you’re here to learn what you can expect from the TSX in the following week. While there are certainly going to be a number of surprises, there are a few things to keep on your radar in the week ahead. So, let’s take a look at a few things Motley Fool investors might want to pay attention to this first full week of October....Read More