One-hundred years ago a five-year search culminated in arguably the world's greatest ever exploration success. No, not a mineral deposit (although lots of gold was found), rather the almost intact tomb of an Egyptian pharaoh.The ancient burial site in the Valley of the Kings outside Luxor (formerly Thebes) had been widely assumed to be fully explored, and it was only the persistence of a 48-year-o...Read More
Africa-focused Gemfields (LSE: GEM; JSE: GML) racked up US$30.8 million in revenue from its latest emerald action, which included a massive cluster of emeralds weighing 187,775 carats (37,555 grams).The Kafubu Cluster, discovered at its Kagem mine in Zambia in March 2020, set a new record as the most expensive single emerald item ever sold by Gemfields, it said without providing specifics."Our en...Read More
Sometimes the utterly unthinkable becomes a reality and, to everyone's surprise, it works out better in the end.Such is the case with large nation-states that split up based on geography, language and political values. No disaster befell Czechoslovakia when it became the Czech Republic and Slovakia. The moving around of borders and jurisdictions is part of the trajectory of history, even if every...Read More
Some 30 years ago the Pax Americana covered each corner of Earth. It crowned history itself - the "end of history" was how one fellow styled it.American capitalism, American democracy represented civilization's apex. Its zenith. Its very perfection.Yet the gods are a jealous, wrathful lot. What the gods will not abide is human hubris.Mortals may not approach Olympus.Russian political scientist Geo...Read More
There's a company out there right now that wants to ferry commercial air passengers from New York to Paris in an hour and a half. It's called Hermeus, and it just conducted another breakthrough test.Working at the Notre Dame Turbomachinery Laboratory in Indiana, the company's engine, Chimera, switched between turbojet and ramjet power - an absolute first for a commercial company.But that's just o...Read More
At this year's New Orleans Investment Conference, gold stood out as a popular topic among presenters and participants.The yellow metal's performance amid so many perceived catalysts and where it may go in the months ahead were both discussed throughout the five day event, but these questions took ce...Read full newsRead More
While many investors are currently praying for "a Fed pivot" to rescue...Read full newsRead More
Share this article VANCOUVER - Lucara Diamond Corp. [LUC-TSX, LUCRF-OTC] said it has entered into an extended diamond sales agreement with Lucara Botswana Ppy. Ltd. and HB Trading BV, for the purpose of selling 10.8-plus-carat rough diamonds produced from Lucara's 100%-owned Karowe diamond mine in Botswana until the end of 2032.Lucara first partnered with HB in 2020 to sell Karowe's large, high-v...Read More
The company reported high gold content from its infill drilling programme, as it works to convert the resource from inferred to indicated.Read More
This will make Hobson the second-largest processing plant in the US and the largest in Texas.Read More
Kinross' year has been dominated by the forced sale of its mining operations in Russia due to sanctions slapped on Moscow for its invasion of Ukraine and the absorption of its Great Bear ResourcesRead More
Aura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumThe junior is raising A$8 million by issuing new shares priced at 3.5c, with Gold Fields to subscribe for $4.2 million of stock and...Read More
The seven areas are within the Salinas Grandes and Laguna de Guayatayoc basins.Read More
And once developed, Rook I will be capable of producing up to 30Mlb/pa of uranium, which would be the equivalent of about a quarter of the world's total uranium production today, he added, meaning that Rook I can help replace production from Canadian mines that are coming offline between now and 2030. Canada is one of the world's main producers of uranium, predominantly in the Saskatchewan re...Read More
(IDEX Online) - A security guard at a jewelry store was shot dead yesterday during a heist at a shopping mall in Illinois, USA.Surveillance video shows three raiders step round the 57-year-old man as he laying bleeding on the floor.Police officers who happened to be on a training exercise at the mall property gave him CPR but he died hours later in hospital.The crime happened at River Oaks Center...Read More
(IDEX Online) - Lucara has extended its "groundbreaking partnership" with HB Antwerp to sell its specials (+10.8-cts) for the next 10 years.The Canadian miner first joined forces with HB in July 2020 to sell the high-value rough from its Karowe mine, in Botswana (pictured).Under the agreement, Lucara's +10.8 carat production is sold at prices based on the estimated polished outcome of each di...Read More
Blue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationAfter a 5% rise last week, the US dollar gold price ended up little different to where it had been in early July 2020 and within 15...Read More
Magna Mining (TSXV: NICU) says the first holes drilled at its Crean Hill mine, part of its recently acquired Denison project in Ontario's Sudbury Basin, has returned the kind of mineralized sulphide material it is looking for.The company also announced it's proceeding with a preliminary economic assessment, due to be completed early in the second quarter of 2023.As expected, each of the first thre...Read More
Industry giant Vale (NYSE: VALE) has landed its first large-scale electric vehicle battery deal in North America, supplying nickel to power a slew of General Motors' cars and trucks, the companies said on Thursday.The deal for 25,000 tonnes per year of nickel works out to about $762 million per year using a September average metal spot price of about $30,500 per tonne, though both companies declin...Read More
Canadian battery mineral miners and explorers are sniffing around hundreds of millions of dollars in potential funding from the United States military, but there are no firm deals yet to take advantage of an alliance dating back to World War II. The concept of the U.S. funding projects in Canada to help sidestep China's control over lithium and rare earth element (REE) processing broke into the...Read More