(IDEX Online) - Chinese owners of IGI (International Gemological Institute) are reportedly considering a sale of the network of 20 diamond grading labs, in a move that would value it at $215m.Fosun International Ltd, one of China's first enterprises to develop overseas market, is seeking to shed a total of $11 bn of assets in a move aimed at boosting investor confidence, according to Bloomber...Read More
(IDEX Online) - Poland and Lithuania say they will again push for an end to Belgium's diamond trade with Russia.Diplomats from both countries are demanding tougher EU sanctions against Russia and its ally Belarus as the war in Ukraine approaches its first anniversary."Once again there is an attempt to extend sanctions on the export of Russian diamonds. The value of diamond exports to the Russ...Read More
(IDEX Online) - JCK has announced details of its second show since the Covid pandemic.Organizers say 30,000 industry professionals flocked to Las Vegas last year after the 2020 and 2021 events were canceled.Registration is now open for JCK 2023 at The Venetian Expo and The Venetian from 2 to 5 June."JCK is the place where connections are made, trends are discovered, major industry news is announce...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming"We will stop mining projects that put water at risk. Jerico will be an agricultural and ecological district," sa...Read More
The campsite at Glencore's Antapaccay copper mine in southern Peru was vandalized by a group of people protesting against the country's new president and demanding a general election.According to local media, the incident took place on Friday morning when the protesters broke into the site's water plant and set the facility on fire. The plant provides drinking water to over 6,000 people in nearby...Read More
What if the “black swan” of 2023 is the Federal Reserve succeeds? Two stipulations here:1. “Black swan” is in quotes because the common usage has widened to include events that don’t match Nassim Taleb’s original criteria/definition of black swan; the term now includes events considered unlikely or that are off the radar screens of both the media and the alt-med...Read More
Streamsong Resort, one of the world's leading golf destinations, and approximately 7,000 acres of land in which it sits were sold to a subsidiary of Chicago-based KemperSports.Read More
The proposed loan is to be made under the DOE Loan Programs Office's (LPO) Advanced Technology Vehicles Manufacturing programme for a term of about 10 years with an interest rate fixed from the dateRead More
Lundin Gold beat guidance and produced a record 476,329oz of gold in 2022 from its Fruta del Norte mine in Ecuador. "For the second year running, Lundin Gold has beaten its production guidance.Read More
"We are pleased to receive positive recommendations from ISS and Glass Lewis, which reaffirm our strategic rationale for the Arrangement and the resulting benefits to shareholders," said MichaelRead More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingStreamsong Resort, one of the world's leading golf destinations, and approximately 7,000 acres of land in which i...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming Threats to local wildlife and plants are rapidly again dominating news headlines, court time, and local protest...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingThe shift in sentiment is evident in two investment bank research reports circulated earlier today (Friday) with...Read More
Two weeks ago, Southwest Airlines had a massive meltdown but they weren't the only airline affected. Flight delays ruined vacations and travel plans for millions the world over. It was never clear why.Oh sure, blame the weather but that has become a strangely opaque excuse. You look outside and the weather seems fine but then someone snaps at you: Can't you see that the snow is bad in Buffalo?So o...Read More
With renewed interest in the discovery potential of the eastern Yukon and the western Northwest Territories, accomplished mineral explorer and mining financier Simon Ridgway Rackla Metals (TSXV: RAK) CEO is returning to his roots with a focus on the region's Tombstone Gold Belt.Throughout his colourful career, broadly entailing playing poker by night and researching or 'kicking rocks' by day, Ridg...Read More
High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says.Protectionism from some countries has been a wakeup call to the global community, spurring it to work towards ensuring food security needs are met amid a tightening of fertilizer supplies, says CEO Matt Simpson in an intervie...Read More
There's no denying the world is an entirely different place compared with a year ago, says Cambridge House International's president and CEO, Jay Martin, as more than 300 mining juniors prepare to attend the Vancouver Resource Investment Conference (VRIC) on Jan. 29-30."The era of trust is over," he declares. "We are entering a new era of de-globalization. The trust that allowed for global trade o...Read More
Saudi Arabian state miner Ma'aden inked a major new deal with the kingdom's sovereign wealth reserve the Public Investment Fund (PIF) at the Future Minerals Forum 2023 in Riyadh this week.The deal was among more than 20 agreements and memoranda of understanding signed between the state mining entity and other international companies at the three-day summit, Ma'aden said in a news release Thursday....Read More
Saudi Arabia aims to start construction by December on the world's first integrated battery metals complex built and fed with raw materials by the same company.Perth, Australia-based EV Metals Group, which is controlled by Saudi Arabia, wants to construct the battery metals complex on a 1.3-sq.-km plot in Yanbu on the Red Sea about 1,000 km west of Riyadh, EVM chief executive officer Michael Naylo...Read More
Space never ceases to fascinate, whether it is our reaching the extra-terrestrial or the extra-terrestrial reaching us.We experienced a taste of the former on Jan. 9, when the U.K. Space Agency initiated a new era of domestic spaceflights with the first orbital mission from a British spaceport. The 'Start me up' program (named after the 1981 Rolling Stones hit) plans to make Britain the first nati...Read More