News and Reports

7.1-ct Ruby Ring Sells for $3.26m in Monaco

July 27, 2023 / www.idexonline.com

(IDEX Online) - A 7.105-carat pigeon blood ruby and diamond ring sold for $3.26m - almost 12 times its high estimate - at auction in Monaco.The Burmese gemstone was set by Paris jeweler Guillemin & Soulaine in an 18k yellow gold bague marguerite (daisy ring), surrounded by 10 old-cut diamonds, each weighing between 0.4 carats and 0.5 carats The ruby was described by SSEF (Swiss Gemmologic...Read More

Junior explorers face 'cash drought'

July 27, 2023 / www.mining-journal.com

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedIn addressing Melbourne's Mines and Money conference on 14 June, MinEx managing director Richard Schodde said the number of...Read More

Mila shares jump on Liontown exploration deal

July 27, 2023 / www.mining-journal.com

Liontown, the ASX listed lithium developer, has struck a deal with Mila to explore on the Kathleen Valley Licence Area in Western Australia.Read More

Friedland: Why invest in "barbaric" gold?

July 27, 2023 / www.mining-journal.com

Friedland said the efforts to undertake an energy transition and limit global warming "will take an astronomic amount of mining to try and limit that," which would produce "the revenge of the miners"Read More

Education Has Become a Battlefield

July 27, 2023 / dailyreckoning.com

Last week, I taught a graduate course in New York City for one of the big banks.I thoroughly enjoyed myself and the students did, as well.The experience reminded me of this piece I wrote about 18 months ago, before I was writing for the Morning Reckoning.You see, I'm not licensed to teach. I've just got a lot of experience that banks demand. They want me to pass on that experience to their new hir...Read More

Anglo De Beers rough diamond sales softer

July 26, 2023 / www.mining-journal.com

"In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year.Read More

UN body delays deep-sea mining regulations by two more...

July 26, 2023 / www.mining-journal.com

For the past two weeks, members of the ISA have been meeting in Jamaica to discuss the creation of a mining code for international waters.Read More

Rio Tinto to step up growth

July 26, 2023 / www.mining-journal.com

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedChief executive Jakob Stausholm acknowledged Rio had not grown much in the past decade but had delivered growth in the June...Read More

China's Killing the Oceans

July 26, 2023 / dailyreckoning.com

Today the Congress of the United States conducted hearings on the existence of extraterrestrial spacecraft...Today first son Hunter Biden appeared in federal court on criminal charges...And today the Federal Reserve elevated its target rate by 0.25%.Which of these subjects shall we tackle? The answer is none. We shall tackle none of them.We might normally take up the Federal Reserve's pinprick rat...Read More

Swiss Watch Exports Boosted by Hong Kong Recovery

July 26, 2023 / www.idexonline.com

(IDEX Online) - Swiss watch exports enjoyed another surge during June, buoyed in part by a 46 per cent increase in sales to Hong Kong, its third biggest market.   Overall foreign sales for the month were up by 14 per cent year-on-year, according to the Federation of the Swiss Watch Industry to $2.81bn (CHF2.44bn).   That's an increase of almost 10 per cent on exports in May, when C...Read More

The #1 Reason to Buy Your Kids Gold

July 26, 2023 / www.outsiderclub.com

You've read a million articles about why you should buy gold...And you've read a million others about why you shouldn't.But today I'm going to tell you why I think you should buy gold for your children.First, let me be clear: I'm just talking about physical gold bullion. I'm not suggesting you get your kids into gold stocks or any other "gold-backed" asset; I'm only talking about physical gold coi...Read More

De Beers Rough Sales Hit Two-Year Low

July 26, 2023 / www.idexonline.com

(IDEX Online) - De Beers today announced a further steep drop in rough sales, down almost 36 per cent year-on-year for cycle 6 to $410m, amid ongoing midstream caution.It's the lowest figure for any De Beers cycle since May 2021, when it recorded sales of $380m. Prices of stones over 2-cts were reportedly reduced by as much as 20 per cent at the sight in Gaborone earlier this month.De Be...Read More

El Ni?o is coming for commodity markets

July 26, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDDeclared on July 4 by the World Meteorological Organisation, El Niño is another complication for the commodity market...Read More

Vietnam's plan to tap huge REE reserves

July 26, 2023 / www.mining-journal.com

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedVietnam has the world's largest reserves of rare earths.Read More

Anglo De Beers rough diamond sales softer

July 26, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSORED"In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year.Read More

First Quantum earned $93M in June quarter 2023

July 26, 2023 / www.mining-journal.com

The net earnings exceeded the $75 million First Quantum brought in during the March quarter.Read More

Indonesian officials detained over illegal nickel mining...

July 25, 2023 / www.mining-journal.com

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDThe ministry's head of geology and former director of mineral and coal entrepreneur development, Sugeng Mujiyanto, was named...Read More

Hochschild gold and silver production down on Inmaculada...

July 25, 2023 / www.mining-journal.com

In the first half of 2023, Hochschild produced 11.4Moz gold equivalent, down 15% compared to the same period last year. Hochschild produced 2.4Moz silver in the June quarter of 2023, up from 2.Read More

Chevron is latest oil major to consider lithium production...

July 25, 2023 / www.mining-journal.com

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedAccording to Wirth, lithium production aligns with the US oil major's "core capabilities" as a fossil fuel producer. Lithium...Read More

Indonesian officials detained over illegal nickel mining

July 25, 2023 / www.mining-journal.com

The ministry's head of geology and former director of mineral and coal entrepreneur development, Sugeng Mujiyanto, was named as one of the detainees, according to Tempo Inti Media.Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok