News and Reports

US goes on the critical minerals charm offensive

June 16, 2023 / www.mining-journal.com

The Minerals Security Partnership, a US-led international group, has reportedly shortlisted some 15 large-scale critical mineral projects to develop.Read More

Glencore sells Australian copper mine

June 16, 2023 / www.mining-journal.com

Metals Acquisition Corp will purchase Glencore's 100% interest in Cobar, for US$775 million in cash and US$100 million in shares (effective immediately. Glencore will retain a 1.Read More

Lake boosts Argentine brine resource

June 15, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe increase from 2.19Mt to 2.93Mt includes a lithium grade of the measured resource across the salar being 210 mg/L lithium, while the indica...Read More

Visitor Numbers Increase at JCK 2023

June 15, 2023 / www.idexonline.com

(IDEX Online) - More than 18,000 visitors and 12,000 exhibitor and sponsors attended JCK Vegas earlier this month, say organizers. The visitor figures were up eight per cent on 2022, the first post-Covid show, which surpassed pre-pandemic levels. More than 1,900 companies exhibited at the The Venetian and The Venetian Expo for the four-day event which describes itself as "the most important jewel...Read More

More Kimberlite Found at Gahcho Kue Mine

June 15, 2023 / www.idexonline.com

(IDEX Online) - Mountain Province Diamonds says it has discovered additional kimberlite at the Gahcho Kue mine, in Canada's Northwest Territories.The Toronto-based miner says a kimberlite exposure was identified during routine mining operations in 2021. Drilling programs the following year indicated a significant volume of previously unknown kimberlite could exist.Ten of 11 drillholes this ye...Read More

PwC scandal dents ESG credibility

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesGo to the PwC website and you will be told of an ESG revolution.Read More

Fresh drill hits boost Adriatic's Vares project

June 15, 2023 / www.mining-journal.com

The London-listed company has released the results of 17 further holes in the Rupice Northwest  (RNW) discovery, confirming that it is a separate, although overlapping ore body to the mainRead More

Copper headed for US$4.50/lb, or higher RBC says

June 15, 2023 / www.mining-journal.com

The investment bank is forecasting copper prices of US$4.50/lb from 2025-2027, as production lags rising demand, and warns that this forecast "could be conservative if supply struggles to respond". Read More

Anglo American joins with Jiangxi to build accountable...

June 15, 2023 / www.mining-journal.com

Anglo American signed a memorandum of understanding on a visit to Jiangxi, one of the largest Chinese copper producers, to provide consumers with greater assurances on the ESG values of their copperRead More

Midland attracts Rio Tinto as a partner in James Bay...

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMidland, a project generator, has an existing nickel partnership with Rio and counts Barrick Gold, BHP, Wallbridge Mining Company, SOQUEM and P...Read More

The Coming Lithium Wars

June 15, 2023 / dailyreckoning.com

Happy Thursday from glorious Northern Italy!Last week, I was watching one of my favorite YouTube channels, CaspianReport. Its latest video is "India discovers $410 billion lithium deposit."Nice one.CaspianReport has a particular affinity for the BRICS countries and their allies, to be fair.Four of the following five listed videos are:China plans to dethrone the dollarPakistan is dying (and that is...Read More

Canadian wildfires continue to impact miners

June 15, 2023 / www.mining-journal.com

A week after more than a dozen mining companies in Québec announced the temporary shutdown of activity, wildfires are still burning across the province and country.Read More

What Exactly Happened Today?

June 15, 2023 / dailyreckoning.com

The stock market enjoyed itself a day at the races today.The Dow Jones Industrial Average experienced a 428-point jubilation. The S&P 500 posted a 53-point thrill.The Nasdaq Composite, meantime, leapt 156 points today.This, one day following the Federal Reserve's sledgehammered hints that two additional rate increases are in prospect this year.Affirms Yahoo Finance:"Stocks rallied on Thursday...Read More

Another Month of Decline for India's Polished Exports

June 15, 2023 / www.idexonline.com

(IDEX Online) - India suffered yet another decline in gross exports of polished diamonds in May, but it was less severe than in recent months.Foreign sales amounted to $1.72bn, down 17.5 per cent on the previous month, according to new figures from GJEPC (Gem and Jewellery Export Promotion Council).In April the year-on-year dollar decline was 38.9 per cent, and in March it was 33 per cent. The dec...Read More

Canadian wildfires continue to impact miners

June 15, 2023 / www.mining-journal.com

Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesA week after more than a dozen mining companies in Québec announced the temporary shutdown of activity, wildfires are still bu...Read More

Salavador Dali Brooch Sells for $982,000

June 14, 2023 / www.idexonline.com

(IDEX Online) - A starfish brooch designed by Salvador Dali and featuring cultured pearl of diamonds, rubies, and emeralds sold for $982,000.It was the highest price ever paid at auction for a piece of jewelry by the Spanish surrealist artist.The Etoile de Mer belonged to socialite Rebekah Harkness, who is referenced in Taylor Swift's 2020 song The Last Great American Dynasty.Swift paid $17m...Read More

"Diamond Thief Spiked Co-Workers' Tea"

June 14, 2023 / www.idexonline.com

(IDEX Online) - A diamond worker has been arrested in Surat, India, after he allegedly spiked his colleagues' tea with a sedative and fled with stones valued at $14,000.Police in the Katargam district of the city say the suspect made tea at 4am during a night shift for eight co-workers. Those who were unwilling to drink were forced to do so.He fled the workshop with 2,700 diamonds, with a tot...Read More

Alrosa to Rebuild $1.5bn Mine at Mir

June 14, 2023 / www.idexonline.com

(IDEX Online) - Alrosa is to build a new $1.5bn mine at Mir, following the 2017 flooding disaster that claimed eight lives.Work will start later this year and the first industrial production is expected in 2030-31, according to the Russian news agency Interfax.Aisen Nikolaev, head of the Sakha (Yakutia) Republic, where Alrosa is headquartered, has appraised Russian President Vladimir Putin of the...Read More

CEO: ACG Electric will consolidate the critical metals...

June 14, 2023 / www.mining-journal.com

Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingRead More

Challenger reports 4.5Moz resource in Ecuador

June 14, 2023 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metals The funding will mainly be spent completing a prefeasibility study at Challenger's 2.8Moz Hualilan gold project in Argentina.Read More

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