On Thursday, NATO's senior body on nuclear matters made it clear that any nuclear attack by Russia would provoke serious retaliation. The consequences for Russia would be unprecedented, they said, and would almost certainly draw a military response. I believe that's true, and I think Vladimir Putin does too. And that's just one of the many reasons I think we'll avoid a live nuclear war. Bu...Read More
As a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare expects production of finished products to be at or around the bottom of its 2022Read More
Share this article VANCOUVER - CMC Metals Ltd. [CMB-TSXV, CMCXF-OTCQB, ZM5P-Frankfurt] said Thursday it has raised $1.4 million from an over-subscribed private placement financing. Subject to TSX Venture Exchange approval, the company will issue 4.97 million flow-through units at 18 cent per share and 3.2 million non-flow- through units at 16 cents each.Net proceeds from the sale of the flow-thro...Read More
Measured and indicated resources increased 98% to 140 million tonnes grading 0.48% copper for 665,500 tonnes of contained copper. Inferred resources increased 92% to 83Mt grading 0.Read More
Cordero, which Discovery Silver is advancing towards a prefeasibility study (PFS), appears to be a relatively simple development as and when the company makes a construction decision, which may comeRead More
The firm has temporarily suspended mining activity and further development in the Main Pit at the Plutonic Gold Mine and is demobilizing the mining contractor due to operational underperformance, theRead More
Eldorado Gold produced 118,790 oz in the third quarter, 4.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDAs a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare ex...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDOn Tuesday, the International Monetary Fund (IMF) released its latest biannual World Economic Outlook (WEO) publi...Read More
(IDEX Online) - Diamond factories are extending their Diwali breaks from 15 days to 25 days amid ongoing slow demand from the US, Europe and China. An estimated one million workers will be forced to take 10 extra days of unpaid leave as units close from 21 October to 15 November. The closure will inevitably have an impact on the city's wider economy. Factory closures are s...Read More
(IDEX Online) - Israel's polished diamond exports rose by 25 per cent to $3.2bn in the first three quarters of 2022.Polished imports for the same period were up 19 per cent to $2.5bn, according to the Diamond Controller of the Israel Ministry of Economy and Industry.Net import of rough diamonds to Israel fell slightly, by 0.5 per cent, to $1.5bn. and exports fell by 1.0 per cent to $1.3bn.How...Read More
Preliminary third quarter gold production was lower than the second quarter as a strong performance from the Pueblo Viejo mine in the Dominican Republic was offset by lower production at the VeladeroRead More
"We remain on track to deliver on our updated guidance," said New Gold chief executive Renaud Adams after reporting third-quarter operational performance ahead of financial results on 3 November.Read More
Las Vegas, Nevada has been our resort for these past several days.Here we have witnessed several madnesses - madnesses large, madnesses small. Madnesses public, madnesses private.Yet the public madness, the mass madness, the extended madness is our concern today. That is, the market madness.And so we publish once again our reflections on the madness of crowds. As we have written before: When a man...Read More
The world will need to produce 11.2 million tonnes of lithium carbonate equivalent (LCE) by 2050, or 20 times 2021 output, to meet growing demand from automakers and energy storage applications, new data from Benchmark Mineral Intelligence (BMI) shows.By that time, the bulk of demand would come from energy storage applications, accounting for about two-thirds of the battery market.In the nearer te...Read More
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun commissioning of the black mass recycling demonstration plant at its battery materials park located north of Toronto following the successful installation of material feed handling and lime delivery systems, two key circuits in Electra's hydrometallurgical process designed to recycle end of life lithium-ion battery materials.Electra is...Read More
Lithium prices continue to hold near historic highs, even in the face of an anticipated global recession. Spot prices for both lithium carbonate and hydroxide are now hovering around US$70,000 per tonne, and prices are expected to remain high through 2024 or longer. In an early October report, Bank of America analysts forecast demand for the energy metal will grow by 20% on a compound annual ba...Read More
Canada's Marathon Gold (TSX: MOZ) has begun early site works at its proposed Valentine open-pit gold mine in central Newfoundland after satisfying pre-construction environmental assessment conditions.The project is expected to see full mobilization by early 2023, the first ore to the mill at the end of 2024, and a production ramp-up during the first fiscal quarter of 2025.Valentine is considere...Read More
Developer Marimaca Copper (TSX: MARI; US-OTC: CROJF) has released an updated resource estimate for its namesake project in the Antofagasta region of northern Chile, confirming it as one of the biggest copper discoveries of the past 10 years.The Vancouver-based company reports a 98% increase in the measured and indicated resource tonnage of the Marimaca Oxide Deposit (MOD). It entails 139.6 million...Read More
Rio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the next eight years in its titanium slag operations to reduce carbon emissions and secureRead More