News and Reports

Codelco 'not in crisis' - Pacheco

July 13, 2023 / www.mining-journal.com

With an ambitious US$32 billion programme of structural development projects to finance and execute to ensure the operational continuation of the company for decades to come, Read More

Gold equities get boost from cooling US inflation

July 13, 2023 / www.mining-journal.com

With inflation seemingly under control in the US, markets are seeing an imminent end to the series of interest rate hikes unleashed by the Federal Reserve.Read More

BHP and Vale have their $46bn day in court over Samarco...

July 13, 2023 / www.mining-journal.com

Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDThis is the latest in a series of court cases and refers to whether or not Vale should be jointly l...Read More

Australian Jeweler to Increase Lab Grown Revenue

July 13, 2023 / www.idexonline.com

(IDEX Online) - Australian jeweler Michael Hill is expanding its range of lab growns, and expects them to account for 10  per cent of its revenue, up from six per cent currently.The company is now selling lab grown earrings, necklaces, and tennis bracelets at its 281 outlets across Australia, New Zealand and Canada. "We haven't made a big noise about lab-created diamonds until now b...Read More

Aurora extension grows Filo del Sol strike to 5km

July 12, 2023 / www.mining-journal.com

The company highlighted 1,131m grading 0.57% copper equivalent, including 210m grading 0.80%. Filo also said drilling expanded the Read More

China rare earths association will pay cash for illegal...

July 12, 2023 / www.mining-journal.com

Published on the group's WeChat, the association said that it would review any information and pass to relevant authorities. Chinese authorities have Read More

Barksdale backs USFS against NGOs

July 12, 2023 / www.mining-journal.com

The lawsuit is challenging decisions the service made to allow the company to resume drilling at its Read More

Gold developers caught in horse latitudes

July 12, 2023 / www.mining-journal.com

July tends to be the lowest volume month of the year for the precious metals sector, which often means stocks tend to drift lower.Read More

Decoding the Fed's "Long-Term" Riddle

July 12, 2023 / www.outsiderclub.com

The most recent June jobs report showed us that while the job market still seems pretty strong, there are signs of things slowing down.In June, the job market added 209,000 jobs. Yet this was below analysts expectation and the smallest increase since December 2020.Despite fresh signs of a slowing jobs market, most traders think that the Federal Reserve will raise interest rates a little bit at its...Read More

Polished Prices in China Stable, Despite Rough Collapse

July 12, 2023 / www.idexonline.com

(IDEX Online) - The retail price of polished diamonds in China has remained stable over the last six months, despite a collapse in the rough market.That's according to an informal survey of salespeople at major jewelry stores in Shanghai, by Yicai Global, an English language state-owned news service.Staff at Chow Tai Fook Jewellery, Leysen Jewellery, Kimberlite Diamond and other retailers sai...Read More

De Beers Cuts Prices amid Increasing Caution

July 12, 2023 / www.idexonline.com

(IDEX Online) - De Beers has reportedly cut the price of larger rough by as much as 20 per cent at this week's sight (cycle 6) in Gaborone, Botswana, amid increasing caution from buyers. The move follows price reductions last month and a drop in total sales of almost a third during cycle 5, down to $450m.Prices of stones over 2-cts have been reduced by 10 to 20 per cent, according to a T...Read More

Tiffany Buys "Finest Ever" Muzo Emerald

July 12, 2023 / www.idexonline.com

(IDEX Online) - Tiffany & Co has bought an extremely rare emerald weighing over 10 carats and described as the finest ever sourced from the famed Muzo mines of Colombia.It is virtually inclusion-free, has no fissures and has a perfectly saturated green color.The New York-based jeweler did not disclose the price or provide a precise specification."We are thrilled to announce our recent acquisit...Read More

Rio and Sumitomo to build world-first hydrogen plant...

July 12, 2023 / www.mining-journal.com

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining The Yarwun Hydrogen Calcination Pilot Demonstration Program was approved after a A$32.Read More

Atalaya prospects boosted by lower power costs

July 12, 2023 / www.mining-journal.com

Atalaya restated full-year 2023 guidance, including copper production guidance of 53,000-55,000t tons of copper at an AISC of $3.00 to $3.20/lb copper payable.Read More

Goodbye to Inflation?

July 12, 2023 / dailyreckoning.com

CNBC gives the day's headline news:Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more-than-40-year high.The consumer price index, which measures inflation, increased 3% from a year ago, which is the lowest level since March 2021.Yet why? Why has i...Read More

Nutrien slashes guidance on Vancouver port strikes

July 12, 2023 / www.mining-journal.com

Nutrien now expects its full-year 2023 potash adjusted EBITDA to fall below the bottom end of its previous guidance, due to factors including the strike, a Portland terminal outage and lower globalRead More

Golden Arrow Resources drills 0.86% copper over 64.2 metres at San Pietro, Chile

July 12, 2023 / www.canadianinvestor.com

Share this articleVANCOUVER - Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; G6A-FSE] reported results for the remaining six holes of the 4,000-metre phase 1 drilling program at the company's flagship San Pietro iron-copper-gold-cobalt (Fe-Cu-Au-Co) project in Chile. All six holes reported are from the Rincones target, which is the most advanced target and the focus of the company's first re...Read More

Torex shows copper potential at Mexican Moreles project...

July 11, 2023 / www.mining-journal.com

The company expects to commence producing copper at its gold mining operation in 2024 once a floatation circuit at its Media Luna expansion has been completed.Read More

IEA: Mining majors are losing the critical mineral race

July 11, 2023 / www.mining-journal.com

The IEA's 2023 Critical Minerals Market Review showed an overall surge in investment in 2023, suggesting that the mining industry has the ability to meet a coming shortfall in the critical mineralsRead More

Patriot hits back at short-seller's claims

July 11, 2023 / www.mining-journal.com

On Thursday, Night Market Research released a report entitled "Patriot Battery Metals: Aggressive Vancouver Promotion with Multiple MRE Delays and Fake Buyout Rumors Running Headfirst into Wall ofRead More

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