News and Reports

Vale ramps up production amid lower prices

July 19, 2023 / www.mining-journal.com

Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNickel hit by planned maintenance Nickel production for the three months was 36,900t, which is up 8% year-on-year and down 10% qu...Read More

Tata confirms major UK battery plant

July 19, 2023 / www.mining-journal.com

Tata, the owner of Jaguar Land Rover, has confirmed that it will invest £4 billion in a new battery plant in Somerset, England, with the UK government expected to contribute additional subsidiesRead More

India's Polished Exports Slide Again in June

July 19, 2023 / www.idexonline.com

(IDEX Online) - India's gross exports of polished diamonds slipped again in June, down 31.5 per cent on the same month last year, to $1.382bn.That's broadly in line with April's year-on-year decline of 33 per cent, but well down on May, which appeared to show some recovery with a more moderate fall of 17.5 per cent.Polished exports for April to June are down 29.3 per cent to $4.426b...Read More

Petra's FY2023 Revenue Down 44%

July 19, 2023 / www.idexonline.com

(IDEX Online) - Petra Diamonds reported a 44 per cent drop in revenue for FY2023 as recoveries and sales fell, especially among exceptional stones.The UK-based miner is closing its loss-making Koffiefontein mine, in South Africa, but says it's ahead of schedule to re-open Williamson, in Tanzania, after the breach of a tailings dam last October.It also reports operational turnarounds at its Cu...Read More

Indian Manufacturers Eye Opportunities in Brazil

July 19, 2023 / www.idexonline.com

(IDEX Online) - Indian diamond and jewelry manufacturers are to take part in a new trade event in Brazil aimed at strengthening ties between the two countries. The inaugural two-day BSM (Buyer Seller Meeting)  Brasil 2023, takes place in Sao Paulo in August.Among the exhibitors from India are UniDesign Jewellery, Hari Krishna Exports, Dharmanandan Diamonds, AuroStar Diamonds, Jewel Art b...Read More

Antofagasta drops copper guidance on desalination delay...

July 19, 2023 / www.mining-journal.com

"The delay to the completion of the desalination plant and concentrator expansion, and the reduced availability of water in the second half of 2023, has impacted expected copper production for theRead More

Indonesian metals exports hit by new taxes

July 19, 2023 / www.mining-journal.com

Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpThe move is being made "in order to encourage the completion of the construction of metal mineral refining facilities in the coun...Read More

Ariana gets go ahead for Tavsan goldmine from local...

July 19, 2023 / www.mining-journal.com

The company's Tavsan project, in Turkey, has been stalled since March 2023.Read More

Rio Tinto lowers copper guidance

July 19, 2023 / www.mining-journal.com

Mined copper for the June quarter and half was flat at 145,000 tonnes and 290,000t, respectively.Read More

Newmont cleared to buy Newcrest

July 19, 2023 / www.mining-journal.com

This is the latest in the regulatory approvals need for the acquisition to take place. The company said it expected the transaction to close in the fourth quarter of this year.Read More

Snowline site visit shows high gold potential in Yukon...

July 19, 2023 / www.mining-journal.com

With a scarcity of potentially significant discoveries in recent years, Snowline landed in a depressed market with a high-grade, open pittable, heap-leachable project with scale potential, a genuinelyRead More

Vale ramps up production amid lower prices

July 19, 2023 / www.mining-journal.com

Nickel hit by planned maintenance Nickel production for the three months was 36,900t, which is up 8% year-on-year and down 10% quarter-on-quarter.Read More

We're at War!

July 19, 2023 / dailyreckoning.com

I've been studying monetary economics for about 50 years. All of my research has led me to one conclusion we're going to see the collapse of the international monetary system.When I say that, I specifically mean a collapse in confidence in paper currencies around the world. It's not just the death of the dollar or the demise of the euro. It's a collapse of confidence in all paper currencies.Over...Read More

NASA Cancels Plans to Visit $700 Quintillion Asteroid

July 19, 2023 / www.outsiderclub.com

In future space missions, brave men and women will embark on thrilling adventures to asteroids, seeking to mine the incredible wealth of materials they carry through the vastness of space. But even with the most recent technological advances today, space mining will likely remain uneconomical for decades to come.Image Credit: Deep Space IndustriesBack in 2014, NASA made a decision to take a closer...Read More

Critical minerals dominate headlines

July 18, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDAccording to a report released in June, the IEA said that global renewable capacity additions could reach 550 GW in 2024.Read More

Richemont Reports 14% Increase in Sales

July 18, 2023 / www.idexonline.com

(IDEX Online) - Richemont saw its Q1 sales climb by 14 per cent overall, driven by a 19 per cent increase at its Buccellati, Cartier and Van Cleef & Arpels jewelry maisons (excluding currency movements).The Swiss luxury conglomerate said yesterday that total sales in the three months to 30 June were $5.97bn (EUR 5.32bn).Total jewelry sales were $4.04bn (EUR 3.599bn). Sales of specialist watche...Read More

Allkem achieve stage two lithium carbonate production...

July 18, 2023 / www.mining-journal.com

The Olaroz stage 2 development has a nameplate capacity of 25,000tpa of technical grade lithium carbonate.Read More

Chinese stimulus could come to the rescue of battered...

July 18, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDThe latest Chinese GDP figures show 5.5% growth over the last year, behind analyst expectations for growth of 6.1%. Growth over t...Read More

Indiana wins arbitration case against Tanzania

July 18, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDThe decision by the International Centre for Settlement of Investment Disputes is a major win for the Bronwyn Barnes-chaired Indi...Read More

Mountain Province Q2 Sales Down 40%

July 18, 2023 / www.idexonline.com

(IDEX Online) - Mountain Province Diamonds reported a 40 per cent drop in Q2 rough sales, down from $74.5m to $44.6m.It said the figures were skewed because it held three sales in the previous quarter, rather the normal two.The number of carats sold from its Gahcho Kue mine, in Northwest Territories, Canada, was down 38.5 per cent, from 586,567 in Q2 2022 to 360,308. Average per carat price slippe...Read More

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