News and Reports

Vale to reorganise base metals business in Brazil

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

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe process is part of the company's strategy to separate base metals operations from the iron ore units, the company's current flagship...Read More

Rickards Drops Bombshell

June 06, 2023 / dailyreckoning.com

On Aug. 22, about 2 1/2 months from today, the most significant development in international finance since 1971 will be unveiled.It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency.It could happen in just a few years.The process by which this will ha...Read More

The Virtual Reality Race Is On

June 06, 2023 / dailyreckoning.com

A small buyout proposal quietly unfolded late last week, as 3D Systems Corp. (DDD) offered $1.2 billion for rival Stratasys Ltd. (SSYS).Some analysts say the proposal could start a new bidding war in the 3-D printer space. Stratasys has already rejected a potential takeover from Nano Dimension Ltd. (NNDM), another company that's also apparently working on a merger with Desktop Metal Inc. (DM).But...Read More

Ford and Tesla Partnership Announced - Blockbuster EV Deal

June 06, 2023 / www.outsiderclub.com

Just as the country was packing up for one of the biggest travel holidays of the year Memorial Day weekend Ford and Tesla dropped a bomb. Ford CEO Jim Farley joined Tesla CEO Elon Musk on Twitter to announce a new Ford and Tesla partnership. The crux of it is that, starting next year, Ford EVs will gain access to the 12,000 Tesla Superchargers spanning North America by way of an adapter suppli...Read More

Filo raises C$130 million to continue drilling

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

While many juniors struggle to raise funds in an apathetic market characterised by low trading volumes, the market cannot get enough of Filo, which has a $2.Read More

Nuton success opens commercial talks for Arizona Sonoran...

June 05, 2023 / www.mining-journal.com

Arizona Sonoran reported positive preliminary column leach metallurgical extraction rates using Nuton technologies as part of a phase one testing programme.Read More

China's toothless tiger, or is it a sleeping dragon?...

June 05, 2023 / www.mining-journal.com

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingIn theory, the China Mineral Resources Group is the world's premier buyer of iron ore and a range of other minerals and metals essential...Read More

US Watch and Jewelry Sales: Another Month of Decline

June 05, 2023 / www.idexonline.com

(IDEX Online) - US watch and jewelry sales fell yet again during April, by 7.1 per cent according to figures released by the US Department of Commerce. That's an improvement on the 8.8 per cent drop in March, but only a slight one. Year-on-year sales showed modest growth from May 2022, but dipped below zero in October 2022, where they have remained ever since (with the exception of an 0.8 per...Read More

Indian Company Grows Record 50.25-ct Diamond

June 05, 2023 / www.idexonline.com

(IDEX Online) - An Indian company says it has broken its own record for the world's biggest polished lab grown diamond, at 50.25 carats.Ethereal Green says it took eight months to grow the Type IIa crystal using chemical vapor deposition (CVD). It was then cut and and polished into an emerald-cut G color, VS2 clarity gem named Shiphra. The same company announced last month that it had gr...Read More

IDEX Polished Price Index: A 15th Month of Consecutive Decline

June 05, 2023 / www.idexonline.com

(IDEX Online) - Polished diamond prices were down yet again during May with the prospect of a global recession still looming large. The IDEX Polished Price Index, derived in real-time from actual global industry asking prices is now down just over 22 per cent on its peak in March 2022. It's been sliding ever since then. Last month it slipped by 1.27 per cent, down slightly from...Read More

Unworn $345 Rolex Now Worth up to $700,00

June 05, 2023 / www.idexonline.com

(IDEX Online) - An amateur diver was astonished to learn that the Rolex he bought for just $345.97 in 1974 could now sell for as much as $700,000 at auction.He fell to the ground when he was given the valuation on camera for the US edition of Antiques Roadshow.The unnamed guest said he bought the Oyster Cosmograph 6263 by mail order to use while Scuba diving, but decided instead to keep it in a sa...Read More

Sell Your Crypto Before July 27

June 05, 2023 / www.outsiderclub.com

Over the weekend, I was driving on the highway when I came across an odd vehicle on the back of a tow truck.I did a double-take.And I had to snap a picture of it...Not sure if you can make it out, but that's an armored truck with Coinbase branding.On the back, it says, "It's time to update the system."An armored truck filled with crypto?!What the heck is going on?Well, as it turns out, Coinbase ju...Read More

Evolution outperforms peers after investor day

June 05, 2023 / www.mining-journal.com

The company put out five releases this morning spanning 200 pages and containing "lots of news", as well as broader statements around strategy and the gold price.Read More

Benchmark to consolidate Toodoggone with Thesis buy...

June 05, 2023 / www.mining-journal.com

Under the arrangement, Thesis shareholders will receive 2.6 Benchmark shares for each Thesis share, implying consideration of C96c per share, a 26.2% premium over Friday's close.Read More

Chinese copper and nickel smelting rebounds in May

June 05, 2023 / www.mining-journal.com

Maintenance at Daye's 300,000 tpa smelter in Hubei province, Zhongtiaoshan's 50,000 tpa Shanxi smelter and Zijin Mining's 150,000 tpa Qiqihar plant in Heilongjiang meant were offset by a ramp up inRead More

Quebec fires see exploration suspended

June 05, 2023 / www.mining-journal.com

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingOsisko Mining and Patriot Battery Metals have complied with provincial requests to cease field activities due to very high forest fire ri...Read More

How Does This End Well?

June 05, 2023 / dailyreckoning.com

It looks like the much-anticipated Ukrainian spring offensive may finally be getting underway. Yesterday, Russia repelled Ukrainian attacks in five places.It's very early these were likely probing attacks looking to detect weak points in Russian defensive positions but these attacks were much heavier than previous probing attacks.We'll have to see what happens.When the main offensive comes, it...Read More

Polymetal management resign from Russian business as...

June 05, 2023 / www.mining-journal.com

Polymetal chief executive Vitaly Nesis and chief financial officer Maxim Nazimok, among other senior management, have resigned from their position at the company's Russian subsidiary JSC Polymetal.Read More

Mine funding transactions will pick up in 2023, Trident...

June 05, 2023 / www.mining-journal.com

"2022 was light in terms of transactions, which partly reflected the economic backdrop and pressure on commodity prices," Trident Royalties chair Paul Smith said.Read More

Bezos Proposes with "$5m Diamond Ring"

June 04, 2023 / www.idexonline.com

(IDEX Online) - Billionaire Amazon boss Jeff Bezos has presented his fiancee Lauren Sanchez with a huge diamond engagement ring, estimated at up to 30 carats and valued at up to $5m, according to US media reports.Bezos, 59, proposed to his long-term girlfriend on his $500m superyacht the Koru during a Mediterranean vacation. Divorced Sanchez, 58, is a US media personality and former TV news anchor...Read More

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