Four Mines students received the 2018 National Science Foundation Graduate Research Fellowship (GRF), which provides three years of support for the graduate education of individuals who have demonstrated potential for significant achievements in science, technology, engineering and mathematics disciplines. The program, started in 1952 shortly after Congress established NSF, is the oldest contin...Read More
Lucara Diamond recovered a 472 carat, top light brown gem diamond from its 100% owned Karowe Diamond Mine located in Botswana. "In 2018, mining at Karowe is focused in the high value south lobe, which consistently delivers large, high quality diamonds in excess of 10.8 carats in size,"said CEO Eira Thomas. "The 472 carat is the third largest diamond ever recovered from the mine and will be sold al...Read More
Increasing disposable income in emerging economies, as well as the adoption of greener technologies, rather than a touted electric cars boom, will drive most of the expected increased demand in copper during the next five years, CRU analyst Robert Edwards said."Electric vehicles (EVs) are a great long-term story, but demand is only expected to be around 1.5% of world refined copper consumption thi...Read More
A group of Spanish archaeologists ran a chemical and isotopic analysis to examine gold fragments that had broken off from one of the artifacts that make up the Carambolo Treasure, a 2,700-year-old cache whose origin has been a source of debate.According to National Geographic, some experts say the pieces were created by Tartessos, a wealthy civilization that thrived in southern Spain between the n...Read More
Canada's Torex Gold Resources (TSX: TXG) announced that, following last week's negotiations that put an end to a five-month blockade at its El Lim??n-Guajes mine, today it received a notification stating that the union in conflict had withdrawn its case before Mexico's Federal Labour Board. Los Mineros Union, led by expat in Vancouver Napole??n G??mez Urrutia, had been fighting since November 3, 2...Read More
https://www.reuters.com/(Reuters) – Not far from Linjiang, people in thin, head-to-toe rubber suits were diving in the river. Locals said they were part of North Korea's smuggling operations.We couldn't figure out what the divers were doing – mending pipes in the river bed, fishing? One local walking along the Chinese side of the river bank was happy to fill us in. "They're mining for...Read More
Lucara Diamond Corp (CN:LUC) has recovered a 472 carat, top light brown gem diamond from its 100%-owned Karowe diamond mine in Botswana.Staff reporterThe 472 carat, top light brown gem diamond recovered from Karowe12 APRIL 201812/04/2018commentsshareThe stone is the third biggest diamond ever to be recovered at the mine and the fourth over 100ct to be discovered so far this year.It recovered 218 d...Read More
India's copper smelters could soon renew buying of mine and project stakes abroad to guarantee access to concentrates, the head of India's largest copper smelter said at the World Copper Conference in Santiago, Chile.Tom Azzopardi in Santiago Hindalco business Birla Copper needs access to quality copper reserves in the ground12 APRIL 201812/04/2018commentsshare Jadish Laddhra, CEO of Birla Copper,...Read More
Two years after acquiring part of Anglo American's Chilean operations, private equity-backed Mantos Copper is preparing investments worth about US$1 billion to expand and extend production, executive chairman John MacKenzie told Mining Journal.Tom Azzopardi in Santiago Copper charge: Mantos Copper ready for new investment at Mantos Blancos in Chile12 APRIL 201812/04/2018commentsshare Speaking at t...Read More
Today, I have a tale of horror and treasure on the high seas for you...On September 12, 1857, the SS Central America - known as the "Ship of Gold" - sank 160 miles east of Cape Hatteras, North Carolina.She was caught in a violent hurricane, with 100-mile-per-hour winds whipping the ship around, shredding the sails, and eventually causing the boiler to fail - leaving the ship without power. The SS...Read More
The timing is fit for a movie plot climax!Just as Trump announced intentions to get out of Syria, Assad did something unspeakable. According to Assad’s opposition, the Syrian government “once again” used chemicals weapons on civilians.At a time when the war is almost won for Assad, he decided to re-ignite international calls for his ouster by senselessly murdering about the same...Read More
The timing is fit for a movie plot climax!Just as Trump announced intentions to get out of Syria, Assad did something unspeakable. According to Assad’s opposition, the Syrian government “once again” used chemicals weapons on civilians.At a time when the war is almost won for Assad, he decided to re-ignite international calls for his ouster by senselessly murdering about the same...Read More
MICROMINE is pleased to announce Micromine 2018, the latest version of its leading exploration and 3D mine design solution, is now available for download. Through Micromine's intuitive software, mining and exploration companies are able attain an in-depth understanding of their project so that prospective regions can be targeted more effectively, increasing the chance of a project's...Read More
CloseGain/LossGold $1351.10+$10.40Silver$16.66+$0.08XAU83.69+2.14%HUI182.93+3.23%GDM635.47+2.36%JSE Gold1118.09+28.31USD89.56-0.06Euro123.64+0.07Yen93.61+0.37Oil$66.82+$1.3110-Year2.780%-0.013T-Bond146.28125+0.34375Dow24189.45-0.90%Nasdaq7069.03-0.36%S&P2642.19-0.55% The Metals: Gold gained $24.40 to as high as $1365.10 in late morning New York trade before it fell back under $1350 by a li...Read More
- Dow set to drop 300 points at open after Trump tweet today- Stocks see sell off and gold pops to test resistance at $1,350/oz- US stock futures suggest over 1% losses at New York open- Oil surged to a two-week high and has surged nearly 7% this week- U.S. bombing Syria may provoke escalation of conflict with Russia and wider conflict in volatile Middle EastPresident Donald Trump warned Russia...Read More
The gold price received a boost when US President Donald Trump requested increased tariffs on China, sparking concerns over a trade war.Read full newsRead More
A Vancouver blockchain tech company is teaming up with a digital security operation to put the finishing touches on its platform ahead of its ICO product launch.Etherparty Smart Contracts Inc. has enlisted Aporeto to add a layer of security to it's FUEL token, a digital coin deployed on the Ethereum...Read full newsRead More
Bitcoin's (BTC) price has been relatively stable over the past 48 hours, in the US$6,900 range. After a minor drop from US$7,100 to US$6,700, the Bitcoin price has been able to sustain its resistance level, rebounding from its decline. For Bitcoin investors, a key level to watch is US$7,200...Read full newsRead More
But it needs your supportRead full newsRead More
Morning Market Breakdown, April 11: Following a strong finish across the markets on Tuesday, the TSX saw more gains while Wall Street struggled.Read full newsRead More