News and Reports

Does Anyone Care Anymore?

July 10, 2023 / dailyreckoning.com

Is Ukraine still a thing for Americans? Of course, a brutal and tragic war is going on there with momentous geopolitical consequences. But do Americans care?Attention spans are short, and Americans have already moved on to stories about political scandals, the next election, and the usual celebrity glamour gloss. Outside of the U.S. warmonger elites and a few critics (myself included), Americans d...Read More

Elon Musk Didn't See This Coming

July 10, 2023 / www.outsiderclub.com

The match of the century is underway.It's Elon Musk vs. Mark Zuckerberg.Recently, the two have publicly stated that they would fight each other in a real-life cage match.I doubt that would ever happen, but Zuckerberg just sucker-punched Musk's career.He used a cunning tactic that would get the nod from Lao Tzu.Zuckerberg distracted Musk on Twitter.And then out of nowhere...In a move that no one sa...Read More

$50m Finance for New Sierra Leone Diamond Mine

July 10, 2023 / www.idexonline.com

(IDEX Online) -  Newfield Resources has secured $50m in provisional finance to bring its Tongo Diamond Mine, in Sierra Leone, to commercial production.The Australian miner says the deposit has an initial eight-year life with peak annual diamond production of 260,000 carats forecast in Year 5.Newfield said yesterday (10 July) that its subsidiary Sierra Diamonds Limited (SDL) had signed a condi...Read More

Excitement builds at Briggs project

July 10, 2023 / www.mining-journal.com

Alma Metals managing director Frazer Tabeart delves into the recent Briggs resource update, what makes a resource such as Briggs so important in the context of the copper market, the upside at Briggs and immediate plans.Read More

Israel's Rough Diamond Trade Halved by Slowdown

July 09, 2023 / www.idexonline.com

(IDEX Online) - Israel's trade in rough diamonds has halved during the first half of this year, according to new government figures.Net imports were down 45 per cent compared with H1 2022 to $555m and net exports fell 54 per cent to $444m.Trade in polished goods has also been hit by the global slowdown, but not as badly.Net imports were $1.38bn in the first half of 2023, down 22 per cent year...Read More

Graff Diamond iPhone - Yours for $450,000

July 09, 2023 / www.idexonline.com

(IDEX Online) - The world's most expensive iPhone - incorporating a Graff diamond snowflake pendant - is on the market, for $450,000.Russian company Caviar International has made three iPhone 14 Pro Max cases of platinum and 18K white gold inlaid with a total of 570 round and marquise-cut diamonds.The Diamond Snowflake is a collaboration with British jeweler Graff and is also fits the new iPh...Read More

Honest Broker in Surat Returns Lost Diamonds

July 09, 2023 / www.idexonline.com

(IDEX Online) - An honest diamond broker returned eight paper packets of polished stones he found on a road in Surat.Mukesh Rabadiya was heading home from Mini Bazaar, Varaccha, Surat, when he spotted the packets, inside a plastic box, containing 20 carats, valued at $8,500.He put the diamonds in his locker at a private safe deposit vault, according to Times of India, and a fellow broker managed t...Read More

Chow Tai Fook Reports 30% Hike in Q1 Sales

July 09, 2023 / www.idexonline.com

(IDEX Online) - Chow Tai Fook (CTF) today reported an increase of almost 30 per cent in its first quarter retail sales value (RSV), following the end of China's zero-tolerance Covid lockdowns.The recovery was much more pronounced in Hong Kong, Macau and other markets, which account for just over 13 per cent of the company's trade, than it was across the mainland.The RSV increase in mainl...Read More

The End of a Dream

July 08, 2023 / dailyreckoning.com

Unbeknownst to economists, the Keynesian bedrock of modern economics using financial repression and government spending funded by debt to manage the business cycle of growth and recession is an artifact of a century of expansive cheap energy and virtuous demographics.Presented as quasi-scientific “laws of economics,” Keynesian policies of suppressing interest rates and funding stim...Read More

Zoomer Melts Down Over Janitor's Salary

July 07, 2023 / www.outsiderclub.com

TikTok user Roxie Abernathy recently came to a devastating realization...The janitor at her local gas station makes as much money as she does at her desk job as a case manager in the healthcare industry."I haven't been the same since," she says in a post that's now garnered more than 855,000 views. "All love to janitors I honestly might join you at this point."After seeing her post inundated with...Read More

Rio Tinto flashes its new copper jewel

July 07, 2023 / www.mining-journal.com

Collective Mining eyes repeat success in ColombiaSPONSOREDcollective mining 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 LandscapeSPONSOREDepirocThe tour of the mine which has caused Rio Tinto a seemingly endless round of ownership, techn...Read More

Copper markets wait for China to rise and shine

July 07, 2023 / www.mining-journal.com

The latest economic data out of China was predictably weak, adding evidence that the post-Covid rebound of the start of the year was small and short-lived.Read More

Huayou commisions lithium concentrator in Zimbabwe...

July 07, 2023 / www.mining-journal.com

Huayou purchased the Arcadia hard rock deposit from ASX-listed Prospect Resources for $422 million in 2022, and has invested a further $300 million.Read More

Amman notches Asia's largest YTD ex-China IPO

July 07, 2023 / www.mining-journal.com

The company offered 6.33 billion shares at a price of 1,695 rupiah each, raising some 10.73 trillion rupiah (US$708 million). Amman was seen trading between 1,700-1,820 rupiah on July 7.Read More

Industrial action, legal changes hurting the Mexican...

July 07, 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 "We will have to work together with the authorities in the development of the regulations for...Read More

Amman notches Asia's largest YTD ex-China IPO

July 07, 2023 / www.mining-journal.com

Collective Mining eyes repeat success in ColombiaSPONSOREDcollective mining 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 LandscapeSPONSOREDepirocThe company offered 6.33 billion shares at a price of 1,695 rupiah each, raising some 10.73 t...Read More

Governors of the Mind

July 07, 2023 / dailyreckoning.com

The assault on enterprise of the last few years meaning not the biggest politically connected businesses but smaller ones reflecting vibrant commercial life has taken very strange forms.Ever since The New York Times said the way forward was to "go medieval," the elites have been attempting just that. But this medievalism has not come at the expense of Big Data, Pharma, Ag or Media.It mainly hi...Read More

Industrial action, legal changes hurting the Mexican mining sector

July 07, 2023 / www.mining-journal.com

"We will have to work together with the authorities in the development of the regulations for the application of these laws and ensure and ensure that they provide certainty for current and futureRead More

$4 trillion of mining investment needed: McKinsey

July 06, 2023 / www.mining-journal.com

Navigating the ESG Compliance LandscapeSPONSOREDReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedSaturn works dual-focus opportunitySPONSOREDsaturn metalsIn a report on the net zero transition, McKinsey said that in order to accelerate mining to meet the demand from energ...Read More

European Lithium gets a hefty offer from Luxembourg...

July 06, 2023 / www.mining-journal.com

CMC is expected to be created in the near future, with European hoping to complete its A$750 million merger with the NASDAQ-listed special purpose acquisition company Sizzle.Read More

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