UBS expects a 75 basis points (bps) rate hike at the November FOMC meeting, a 75 bps rate hike at the December FOMC meeting and a 50 bps rate hike at the February, 2023 meeting.Read More

(IDEX Online) - The cost of the Jagersfontein tailings dam collapse will be close to $30m, says Richard Spoor, a South African activist and human rights attorney.He is representing 30 of the families living in the shadow of the former De Beers diamond mine who suffered when homes were swept away by a mountain of grey sludge that killed at least two people."I've been advised by the farmers and...Read More

(IDEX Online) - The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, is to be sold without reserve at Sotheby's New York. Bidding for the Golden Canary Diamond will start at just $1 on 7 December -  a deliberate move by the auction house to provoke fierce bidding - but is expected to reach its high estimate of $15m. It has been re-cut from...Read More

(IDEX Online) - Police say the owner of jewelry shop in Florida, USA, shot dead two robbery suspects.Officers responded to an incident at responded to the Magic Mall, on West Colonial Drive, Orlando, just before noon on Friday 14 October.They found one person dead at the scene after the owner opened fire. At least one of the alleged raiders is said to have been armed.A second suspect escaped in a...Read More

  Antofagasta's September quarter production results put copper production at 181,900t for the quarter, 40% higher than Q3 2021, and 450,600t for the nine-month period, which is 17% lower thanRead More

The incident happened on the main access road between the city and the mine.Read More

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedIron ore production was up 1% quarter-on-quarter and 3% year-on-year to 65.1 million tonnes as the new South Flan...Read More

The share prices of the seven senior gold stocks, including Barrick Gold, Newmont, Agnico-Eagle Mines and Newcrest Mining, are down an average of 30% so far this year.Read More

C1 cash costs are now at their highest level since 2016, the agency said, with only six operations experiencing falling costs in the first half year compared with the same period in 2021.Read More

Few men in this world are more fortunate than the newsletter man. A king is nothing beside him...For the newsletter man is a man truly enthroned. He is blessed by fortune and heaven alike - believe it.This cardinal fact has never held truer than it does today.The newsletter man inhabits times that are uniquely exhilarating, astounding, confounding... and imbecilic.They offer bountiful grist for hi...Read More

Talon Metals (TSX: TLO; US-OTC: TLOFF) has released an updated mineral resource estimate for its Tamarack nickel project located in central Minnesota, showing a near doubling of the indicated tonnage and a nearly seven-fold increase in the high-grade nickel content.The total indicated resource now stands at approximately 8.56 million tonnes grading 1.73% nickel plus byproducts (2.34% nickel equiva...Read More

Rogers Communications and to NORCAT have announced a five-year strategic relationship to accelerate technology adoption in the global mining industry.Through this collaboration, Rogers will establish the Rogers Technology Centre of Excellence at the NORCAT Underground Centre in Sudbury, Ontario to bring innovative new solutions to life and increase efficiency and safety in the industry. "As part...Read More

Power Metals (TSXV: PWM; OTC: PWRMF) says it is "extremely thrilled" with the high-grade cesium discovery recently made at the West Joe dyke at the 100%-owned Case Lake property in Cochrane, Ont. The cesium mineralization was found with lithium and tantalum.Power's ongoing drill program intersected 24.07% cesium oxide (Cs2O) over 1 metre and 7.65% Cs2O and 1.45% lithium oxide (Li2O) over 7.1 metre...Read More

Equinox Gold (TSX: EQX) has released results of a feasibility study for an expansion at its 100%-owned Los Filos mine complex located in Mexico, which would see the operation extended to 2036 on the back of a substantial increase in its gold reserves.Currently, the Los Filos operations consist of both run-of-mine and crushed ore heap leach facilities. With continued development of the Bermejal Und...Read More

Osisko Mining (TSX: OSK) is planning a new regional exploration program for its 100%-owned Urban-Barry gold property in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que. The program will begin early next year starting with 10,000 metres of drilling and an induced polarization (IP) geophysical surveys. The high-grade Windfall gold project at Urban-Barry has been described as 'world-class.'...Read More

You've got nothing to worry about.Relax. Take it easy.There's probably not going to be a recession.So there's no reason at all for you to prepare for one in any way.That's the message from the president of the United States.In an interview with CNN last week, Joe Biden said, "I don't think there will be a recession. If [there] is, it'll be a very slight recession. That is, we'll move down slightly...Read More

Benton Resources Inc. (TSXV: BEX) (Read full newsRead More

Third-quarter combined IOC production volumes of 4.7Mt, making an annualized rate of 18.9Mt, was 8% above analysts' forecasts of 4.4Mt, with both pellets and concentrates exceeding expectations.Read More

Share this articleSPARWOOD - Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) has planted a record 2.4 million seedlings to date in 2022 as part of reclamation work at its Elk Valley operations in southeast B.C., in support of the goal of becoming a nature positive company."This significant achievement builds on Teck's long-standing focus on responsible mining and reflects our employee...Read More

The company said it intersected significantly higher-grade mineralisation in the underground footprint at the Keel zone compared to the resource estimate with a highlight of 361.7m grading 0.Read More