Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims in the country between 2007 and 2018.The Swiss firm said the latest deal covers all activities that have been the subject of probes by the DRC's National Financial Intelligence Unit and Ministry of Justice, and the...Read More
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo lithium project in Minas Gerais, Brazil.The Vancouver-based miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, the largest hard rock...Read More
Colombian President Gustavo Petro proposed over the weekend a new reform to the country's mining code, which was initially issued in 2001. During a town hall held in the town of Dabeiba, in the northwestern Antioquia department, Petro said that an update is urgent because the current code allows for mining exploration to take place in areas that host important freshwater resources and agricultu...Read More
Antilles reported 72.4m grading 0.63% copper from 36.6m in early November which it followed with 134m grading 1.23% copper from 49m depth. When the gold assays returned, it reported 53.Read More
I work hard to avoid promoting conspiracy theories. They're too easy to adopt as explanations for all sorts of strange events and are highly implausible in most cases.They require extreme amounts of intelligence, coordination and competence that, quite frankly, the alleged conspirators simply aren't capable of.Usually, stupidity is a perfectly good explanation especially when it comes to politicia...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDMassive cash flows from iron ore have propelled Forrest and Rine...Read More
(IDEX Online) - Prices of used Rolex, Patek Philippe, Audemars Piguet and other luxury watches are sliding.They were down 6.7 per cent in November according to the Subdial50 Index, which tracks prices for the 50 most traded luxury watches.Among the biggest losers were the Rolex Oyster Perpetual 41 Reference: 124300, down 10.8 per cent to $8,283 and the Patek Philippe Nautilus Reference: 5712/...Read More
(IDEX Online) - One of Britain's oldest jewelry stores is to finally cease trading, after almost 230 years.Martin Wilkinson Jewellers, in Mansfield, Nottinghamshire, (pictured) will close when owner Andrew Campin retires after 60 years of service.The store, founded in 1794 during the reign of King George III, became renowned for servicing bomber command wrist watches during World War II."With...Read More
(IDEX Online) - Diamond miners in Zimbabwe are now paying half their royalties to the government in rough stones, 40 per cent in local currency and 10 per cent in foreign currency.Finance Minister Mthuli Ncube gave details of the new policy last week, saying the government needed to build its national reserve of precious stones and metals, including gold, platinum and lithium.It previously accepte...Read More
I doubt there is another era in the history of Western Civ when the forces in motion acting on society were so mystifying to those acted upon.And isn't it especially galling that this is so in an age after rational scientific practice had decoded so many of nature's secrets? Did that project somehow fail in the end? Has the Enlightenment been defeated? How have we become trapped like frogs being b...Read More
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Share this article VANCOUVER - Ximen Mining Corp. [XIM-TSXV; XXMMF-OTCQB; 1XMA-FSE] has completed airborne lidar and magnetic surveys at its Brett property near Vernon, southern British Columbia.A total of 54 km2 were covered by magnetic surveys, flown at 50-metre spaced flight lines. The lidar surveys covered a total of 12 km2 and included orthophotos. Data was collected with a Phoenix Ranger li...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDChief executives from Barrick Gold, Agnico Eagle Mines, Yamana G...Read More
Macron has led European Union (EU) opposition to the IRA, which offers major financial subsidies to firms that invest in critical minerals, electric vehicles, and battery manufacturing on US soil.Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDPresident Joe Biden welcomed the move on December 1 and said he...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDA supply surge coming onstream by 2025 is expected to push lithi...Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDCredit Suisse, in a detailed examination of the lithium market,...Read More
The U.S. Environmental Protection Agency's (EPA) Thursday veto of the contentious Pebble copper-gold project in Alaska has again irked the proponent Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK).In a statement on Friday, Northern Dynasty president and CEO Ronald Thiessen accused the EPA of "regulatory overreach" in once more recommending a pre-emptive strike. When the same tactic was de...Read More
While the search for new gold deposits across the world never lets up, explorers are picking?EUR?up the pace seeking out critical?EUR?minerals.?EUR?Here's a glimpse of eight companies exploring for precious and critical minerals in countries across?EUR?the Americas, Europe and the South Pacific.Acme Lithium A drill rig at ACME Lithium's Clayton Valley lithium brine project in Nevada. ACME LITHIUM...Read More
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has entered into a royalty financing agreement with Osisko Gold Royalties (TSX: OR; NYSE: OR) to raise gross proceeds of $10 million. The royalty is related to the company's Kandiol?(C) project in Mali, West Africa.Osisko will initially acquire a 1% net smelter return royalty for upfront consideration of $5 million, and retains the option to purchase a second...Read More