News and Reports

Fear of a 15% Drop in India's Gem and Jewelry Exports

July 25, 2023 / www.idexonline.com

(IDEX Online) - India's gem and jewelry exports could fall by as much as 15 per cent this year as demand from key markets remains slow."We expect that overall we should see a 10 to 15 per cent decline in the gems and jewellery exports," Vipul Shah (pictured), chairman of the Gems and Jewellery Export Promotion Council (GJEPC) told reporters last week."For gems and jewellery, the major contrib...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

Indonesia, Musk to resume talks Aug 2: minister

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 LandscapeSPONSORED"I plan on meeting Elon Musk on August 2. We would like to finalise [Tesla's investment in Indonesia]," the country's chief...Read More

Security Guard Slept Through Heist on Jewelry Truck

July 25, 2023 / www.idexonline.com

(IDEX Online) -  A Brinks security guard was sleeping in the front of his truck as raiders broke a padlock and stole million of dollars worth of jewelry, according to newly-obtained bodycam footage.The vehicle was on its way from the International Gem and Jewelry Show in San Mateo, south of San Francisco, to an event at the Pasadena Convention Center, northeast of Los Angeles. Guards who had...Read More

Rail issues slow Kumba iron ore sales

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 limitedKumba Iron Ore, which is 70% owned by Anglo American, reported production of 18.8Mt in the six months to June 2023, up by 6%...Read More

Amman gets Indonesian copper export permit

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

The export permit is for 900,000wt of copper concentrate and is valid from July 24 to May 31, 2024, parent company PT Amman Mineral Internasional said. Last week, Indonesia announced 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

NGEx to raise C$85M

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

The company will sell 13.1 million shares priced at $6.Read More

SolGold: 'A lot of interest in our portfolio'

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 LandscapeSPONSOREDIn the world of public relations, a key part of the job is to manage expectations.Read More

De Beers' $2.2bn Underground Mine at Venetia Goes Live

July 25, 2023 / www.idexonline.com

(IDEX Online) - De Beers today announced the delivery of first production from the new underground operation at its Venetia mine, in South Africa.The $2.2bn underground expansion began in 2012, is expected to extend the life of the mine to the mid-2040s and is expected to produce an average of 4.5m carats a year.De Beers describes it as "the biggest single investment in the country's diamond...Read More

3 Big Questions for a Roaring Market

July 25, 2023 / dailyreckoning.com

I'm on the road early this week.We packed the van for an extended weekend to visit family before summer slips away for good. In just a few short weeks, the kids will be back in school, while the financial pundits will start shouting about end-of-year S&P targets.We should enjoy the quiet calm while we still can.Due to my travel schedule (and a painfully slow internet connection), I'm not able...Read More

Race to the Bottom

July 25, 2023 / dailyreckoning.com

The currency wars are alive and well. Here's the latest battle...Over the past nine months, the Japanese yen rallied 13% against the dollar. But now the yen has started to fall in value.This decline is not surprising. Japan's economy has been flirting with recession. A new recession, likely in my view, would be the ninth recession since the historic stock market and real estate crash in Japan in 1...Read More

Drone Attacks Destroy Europe's Longest Bridge What's Next?

July 25, 2023 / www.outsiderclub.com

Want to see the world's longest leash?Here it is...This is the Kerch Bridge. It's 12 miles long, linking the Taman Peninsula of Krasnodar Krai in Russia and the Kerch Peninsula of Crimea with a four-lane highway and a two-way rail line. That makes it the longest bridge in Europe, as well as one of Vladimir Putin's grandest achievements. The contract for the bridge was awarded in 2015, just a year...Read More

NGEx to raise C$85M

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

Look beyond market approach to project valuations: van ZylLeadershipExcitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDThe company will sell 13.1 million shares priced at $6.Read More

Colombia proposes restrictions on mining in protected...

July 24, 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 Susana Muhamad, Colombia's minister of environment and sustainable development, the new decree isn't meant to h...Read More

Gold explorer Oriole seeks lithium partner in Cameroon...

July 24, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdWith two CLP licences, Ndom and Gamboukou, being assessed for their potential to host hard rock lithium,...Read More

Canadian miner Arbor pushes for critical mineral funding...

July 24, 2023 / www.mining-journal.com

Arbor Metals wants support for the industry to mirror the support already seen for major battery manufacturers.Read More

China's Liaoning Province shuts mines due to flooding

July 24, 2023 / www.mining-journal.com

As of Saturday, 116 "non-coal mines" and 14 tailing ponds in the province stopped production for the flood season, according to the Liaoning Provincial Flood Control and Drought Relief HeadquartersRead More

South32 takes billion dollar hit on Hermosa

July 24, 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 LandscapeSPONSOREDSouth32 put Hermosa on the approvals fast-track in May, but its recent studies have shown that the Taylor zinc-lead-silver a...Read More

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