Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
The Automatic Earth (via Zero Hedge), Released on 3/11/23By defying American pressure upon it to unilaterally concede on those aforementioned objective national interests,Continue... India Takes A Leading Role In De-Dollarization added by Herman James on 03/15/2023View all posts by Herman James ?+'Read More
World Copper Ltd. released an updated mineral resource estimate (MRE) for its 100%-owned Zonia copper project in Arizona.World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQB) has released an updated mineral resource estimate (MRE) for its 100%-owned Zonia copper project in Arizona.The total resources have increased by about 90% to about 198 million tons from a 2017 estimate, with contained metal increasing b...Read More
LONDON, 7 March 2023 - Live precious metal prices from BullionVault are quoted today in a listicle of "The most valuable substances on Earth" published by popular UK personal finance site Lovemoney.BullionVault's live price data is quoted for platinum, palladium and gold. You can see the full story at Lovemoney here:The most valuable substances on Earth Read More
'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Th...Read More
The announcement comes as 70% owner Newcrest is expected to sit down for face-to-face talks with Newmont, which made an unsolicited US$16.Read More
Snowline burst into the industry's consciousness in mid-2022 with some of the best open pitable bulk tonnage drill intercepts of the year at its Rogue target in Yukon, including 318.8m grading 2.Read More
The "Express" ground covers 73.5sq.km 12km southeast of Allkem's James Bay deposit and reportedly features outcropping pegmatites.Read More
Recent weeks have bought another flurry of activity from policymakers in support of critical materials, with initiatives announced, international deals signed, and legislation proposed, but the miningRead More
According to the China Association of Automobile Manufacturers, sales of new energy vehicles in China rebounded in February, rising by 29% month-on-month.Read More
(IDEX Online) - Ekati, Canada's first diamond mine, is to be sold to Burgundy Diamond Mines in the latest ownership twist. Current owner Arctic Canadian Diamond Company (ACDC) announced yesterday that it was selling the deposit, 200 km south of the Arctic Circle, for $136m.ACDC acquired the mine from Dominion Diamonds in February 2021 after it filed for insolvency, and had been planning...Read More
(IDEX Online) - Dubai's diamond trade with Israel increased by more than two-and-a-half times in 2022, up from $665.5m in 2021 to $1.75bn."These numbers highlight the blossoming and deepening relationship between the two countries and the diamond industry," said the Dubai Multi-Commodities Centre (DMCC), home to the Dubai Diamond Exchange.Israeli diamond companies have been operating in the c...Read More
(IDEX Online) - The New York-based GCAL (Gem Certification and Assurance Lab) grading lab says its 8X Cut Grades certificates - with the added attributes of brilliance, fire, scintillation, and optical symmetry analysis - can now be customized for clients.Their brand and logo can be added to the certificates, which were launched in 2021 to provide consumers with "a higher level of transparency" fo...Read More
(IDEX Online) - A regular visitor to the "sift your own diamond" park in Arkansas, USA, unearthed a a 3.29-carat brown gem, the biggest find there in 18 months.David Anderson is no stranger at the Crater of Diamonds State Park, near Murfreesboro, where day-trippers pay $10 to sift soil at the disused mine for gems, and get to keep whatever they find.He says he's found more than 400 diamonds o...Read More
(IDEX Online) - Owners of a family-run jewelry store watched in horror on a smartphone app as raiders emptied display cabinets of goods valued at $1.2m.The break-in at Queens Jewelers was the latest in a string of burglaries at WestGate Mall, in Spartanburg, South Carolina, USA.Four raiders escaped with Cartier and Rolex watches, 35 diamond necklaces, more than 50 diamond bracelets, and men's...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 75 points in pre-opening trade. Index futures turned lower in overnight trade on news of liquidity concerns at Credit Suisse. Credit Suisse dropped $0.41 to $1.81. Index futures moved slightly lower following release of a series of U.S. economic news at 8:30 AM EDT:February Producer Price Index was expected to increas...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade. Index futures moved lower following release of the February inflation report at 8:30 AM EDT. February Consumer Price Index was expected to increase 0.4% versus a gain of 0.5% in January. Actual was an increase of 0.4%. On a year-over-year basis, February CPI was expected to increase 6.0%...Read More
"Give a man a gun and he will rob a bank," claimed fictional television character Tyrell Wellick, adding pithily:"Give a man a bank and he will rob everyone."The bank - the banking system - will shortly be robbing everyone. This it will do to make whole the moneyed depositors of Silicon Valley Bank, presently in receivership.The regulatory authorities insist the robbing is not a "bailout." That is...Read More
After listing on the Australian Stock Exchange in January, VHM (ASX: VHM) said it will make a final investment decision in the second half of this year on its flagship, 100%-owned rare earth and mineral sands Goschen project in Australia.The initial public offering followed a conditional memorandum of understanding with a subsidiary of China's Shenghe Resources Holding Company for a three-year tak...Read More
In its quest for bonanza returns, high-tech capital is willing to take a bet on mining, an industry not noted for producing steady returns and challenged by its comparatively small size.Silicon Valley capitalists and entrepreneurs are bringing fresh investment and talent to upstart mining companies, said panellists on Mar. 7 at the PDAC convention in Toronto.A wave to the tune of US$10-US$15 billi...Read More
Canada Nickel's (TSXV: CNC; US-OTC: CNIKF) first metallurgical test at Reid, an ultramafic nickel project near its flagship Crawford nickel sulphide project in Ontario, returned a head grade of 0.35% nickel, 0.10% sulphur and 6.2% iron.The company said the initial open pit circuit test was done on a sample from the higher-grade area of the Reid property, 16 km southwest of Crawford and 37 km north...Read More