News and Reports

Six dead at Zijin's Julong copper mine in Tibet

May 31, 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 consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"At present, the cause of the incident is still under investigation," Zijin said. While the investigation is ongoing, operations have been allowed to r...Read More

Lightbox Opens New York Concept Store

May 31, 2023 / www.idexonline.com

(IDEX Online) - De Beers has taken another step towards its own bricks and mortar sales of its lab grown diamonds with the opening of a short-term Lightbox "concept store" in New York.The online retailer announced last October that it was planning to open permanent, physical stores from 2024, in addition to its e-commerce offering.Lightbox's store occupies a 250sq ft space and is one of 20 re...Read More

Gambler Jailed for $13m Diamond and Gold Ponzi Scheme

May 30, 2023 / www.idexonline.com

(IDEX Online ) - A gambler who raised over $13m in a Ponzi scheme telling investors their money would be used in the sale of gold, jewelry and diamonds, has been jailed.But John Quadrino, age 57, of Oceanside, New York, never invested their money. Instead he used to pay off gambling debts.He was sentenced at at the federal courthouse in Central Islip, New York (pictured) to 41 months in prison and...Read More

India Importing More Diamonds than Before Ukraine War

May 30, 2023 / www.idexonline.com

(IDEX Online) - India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council). It bought $818m in 2022-23, compared to $855.83 in 2021-22, an increase of just under eight per cent.India relies heavily on Russian imports, especially of smaller stones. Banking restri...Read More

Berkeley hopeful after Spanish election

May 30, 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 royaltyAfter a drubbing in regional elections, Spain's socialist prime minister, Pedro Sanchez, has called a snap election, five months early, a...Read More

The Spread of the AI Brain Worm

May 30, 2023 / dailyreckoning.com

The artificial intelligence boom has taken the market by storm.In fact, I believe it's possible that the market's sudden fascination with all things AI is the main driver of the tech sector's strong performance so far this year.And I'm not just talking about the bubble basket of smaller AI pure-plays, either...The Nasdaq 100 is now up 30% year-to-date, easily topping the S&P and the Dow. The b...Read More

Appian hires Bustamante to lead base metals

May 30, 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 consultingBustamante, who joined Hochschild in 1992 and was appointed chief executive in 2010, will oversee Appian's operations and growth strategy...Read More

Pipeline Report 2022: The Reality of Hybrid Diamond Jewelry

May 30, 2023 / www.idexonline.com

(IDEX Online) - Hybrid diamond jewelry - a mix of natural and lab grown stones - is the new reality.That's according to the latest edition of the Tacy Diamond Pipeline, published by IDEX Online, which has provided an independent and unbiased view of the industry since 1988.Hybrid jewelry offers the best of both worlds, say authors Pranay Narvekar and Chaim Even-Zohar, bringing greater transpa...Read More

Sands of time on Sheffield Resources' side

May 30, 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 royaltyEnd 2023 production for Western Australia Thunderbird zircon and titanium dioxide project will be the start of "significant" cash generat...Read More

Argentinian copper explorers unite to rally government...

May 30, 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 consultingThe copper table within the CAEM mining association aims to unify information about the projects, their contribution to the Argentine eco...Read More

Southern Silver Exploration

May 30, 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 consultingRobert MacDonald, South Silver Exploration Vice-President of Exploration, tells Mining Journal Select the developer is gearing up to attr...Read More

Outokumpu takes 10% FPX stake

May 30, 2023 / www.mining-journal.com

FPX, which is advancing its Baptiste nickel project within the Decar nickel district of British Columbia, Canada, issued Outokumpu 26.8 million shares priced at 60c in a private placement.Read More

4.83-ct Fancy Blue Diamond Sells for $8.8m

May 30, 2023 / www.idexonline.com

(IDEX Online) - A 4.83-carat fancy vivid blue diamond ring sold for $8.8m at Christie's Hong Kong as the Magnificent Jewels sale brought in a total of almost $60m.The brilliant-cut IF Type IIb gem (pictured) was surrounded by fancy-cut diamonds, in a gold setting. It sold between the low and high estimates of $7m to $10.2m.The blue diamond led the sale, followed by two items which both sold f...Read More

Why is mining under the spotlight at Rothschild?

May 30, 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 royaltyLogically, the answer has to be yes. London-based Rothschild & Co prides itself on carefully calibrated research to open the door to...Read More

BHP using AI at world's largest copper mine

May 30, 2023 / www.canadianinvestor.com

Share this article TORONTO - BHP Billiton Ltd. [BHP-NYSE, BHPLF-OTCPK] said Tuesday it is using artificial intelligence and machine learning in a new collaboration with Microsoft Corp. [MSFT-NASDAQ]. The aim is to improve copper recoveries at the Escondida mine in Chile, which ranks as the world's largest copper mine.BHP Chief Technical Officer Laura Tyler said that by augmenting new digital techn...Read More

Biden's Scheme is "Cynical and Manipulative"

May 30, 2023 / dailyreckoning.com

This is a financial newsletter, not a political one, much less a partisan one. But politics affects markets. And if I come across as partisan when weighing in on politics, so be it.But it's based upon objective analysis. Having gotten that disclaimer out of the way, let's get started...The Biden administration is playing political games with one of America's most critical national security assets...Read More

Ganfeng pumps more funds into Goulamina partner Leo

May 29, 2023 / www.mining-journal.com

The Chinese firm is to pay 81c per new share for a 9.Read More

Raiders Burst Through Jewelry Store Wall

May 29, 2023 / www.idexonline.com

(IDEX Online) - Police are hunting three raiders who burst through the wall of a jewelry store, attacked the owner, and fled with gold necklaces and bracelets and loose jewelry.They broke in overnight to a vacant premises next to Ramallah Jewelry in Oak Lawn, Illinois, USA, and removed one layer of a dry wall dividing the two properties.When Elias Mseeh opened up for the day, they kicked through t...Read More

Happy Memorial Day

May 29, 2023 / www.outsiderclub.com

Dear Outsider,On this Memorial Day, I want to write a few words to remember those who made the ultimate sacrifice. Without them, we wouldn't have the privilege of living in the greatest country in the world. And to all the military families and veterans out there, we thank you.I come from a military family (go Navy!). My great-grandfather left Princeton to drive ambulances for the French army in W...Read More

Ganfeng pumps more funds into Goulamina partner Leo...

May 29, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources The Chinese firm is to pay 81c per new share for a 9.Read More

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