(IDEX Online) - Two hundred lots of rubies mined in Mozambique are to be sold at an inaugural auction by Dubai-based Gemrock. The Dubai-based company expects over 40 companies to attend the five-day event in Bangkok, Thailand. It says it's the first sale of rubies from the Montepuez mine, which it acquired in 2019. The company says it holds nine concessions totalling over 589 square kilometre...Read More
(IDEX Online) - The owner of a jewelry store has been arrested after a series of complaints from customers who said they dropped off items for appraisal or cleaning - and never got them back.They tried and failed to contact Paul Williams, 46, the owner of Jewelry Liquidation, in Tulsa, Oklahoma, USA. The store closed "abruptly".Williams was arrested after at least a dozen customers filed police re...Read More
Many people reject the idea of historical cycles due to their imprecision. I understand the appeal of this objection, but it is nonetheless striking that transformative decades tend to manifest in cycles rather than evenly over time.Compare the decades of the past 70 years: 1952 to the present. How different was the culture and economy of the U.S. between 1952 and 1959?While there was progress in...Read More
Show your support for BC SPCA by voting for Dorain Make My Pet a Yellow Dog Brewing StarRead full newsRead More
The capex has been lifted from US$70 million, primarily due to bringing the crushing circuit in-house as opposed to contract crushing, the company said."The study outlines a robust 2 million tpa operation which can deliver excellent cash flows, an exceptional 20-week payback and a post-tax NPV8 of US$1.33 billion producing a coarse, premium DMS SC6 product including credits from DSO fines and feld...Read More
Share this articleCALGARY - Arctic Canadian Diamond Company announced the recovery of an exceptional gemstone - a beautiful octahedron diamond, weighing in at 71.26 carat.The stone was recovered on August 25, from the Ekati Mine Misery Pipe, in Canada's Northwest Territories. Industry experts have confirmed it is likely the largest fancy vivid yellow gemstone discovered in Canada."This historic fa...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe capex has been lifted from US$70 million, primarily due to bringing the crushing circuit in-house a...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDGlencore will pay US$124.9 million upon closing and a $30 million deferred payment upon commercial prod...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"EBITDA and prices are decreasing as business and macroeconomic conditions weaken.Read More
Toronto-listed Avalon Advanced Materials will supply LG Energy Solution with 11,000 tonnes a year of lithium hydroxide for five years initially, starting in 2025.Read More
"Polymetal continued to maintain operational stability in 1H 2022 despite operating in a persistently challenging external environment," group CEO Vitaly Nesis said.Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Zenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedBedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRather than welcome Tuesday's publication by FMG of an "execution plan for industry leading decarbonisa...Read More
Australia's Vital Metals (ASX: VML), the first producer of rare earth minerals in Canada, opened a processing facility in Saskatoon this week that will feed into the global demand for minerals used in electric vehicles.The 3,000-sq.-metre plant will refine ore from Vital's Nechalacho project in the Northwest Territories into a high purity, mixed rare earth carbonate product, the company said. The...Read More
Baffinland Iron Mines has received a positive recommendation from the Nunavut Impact Review Board (NIRB) to temporarily increase production at its Mary River iron ore mine in Canada's Nunavut territory to 6 million tonnes through to the end of the year.The decision, the company said, could help it keep the mine viable and take more than 1,100 jobs off the chopping block this fall.Northern Affairs...Read More
LG Energy Solution of South Korea has signed agreements with three Canadian suppliers of minerals used in electric vehicle batteries as it bets on North America to become a fast-growing market for zero-emission autos. Toronto-based Avalon Advanced Materials (TSX: AVL) and Snow Lake Lithium (NASDAQ: LITM) of Winnipeg will join Electra Battery Materials (NASDAQ: ELBM; TSXV: ELBM), in supplying m...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has reported additional results from its 2022 drilling program at the Beartrack-Arnett gold project located in Idaho's northeast Lemhi County. Since the start of drilling in June, about 2,900 metres of the planned 5,000-metre program have been completed.The new results are headlined by drill hole BT22-242D, which intersected 3.49 grams gold per tonne over 1...Read More
Mining and commodities giant Glencore (LSE: GLEN) is buying Newmont's (TSX: NGT; NYSE: NEM) minority stake in the Argentinean MARA copper-gold project, a joint venture created in 2020 between the two companies and Yamana Gold (TSX: YRI; NYSE: AUY).Glencore will pay Newmont an initial price of US$124.9 million for the gold miner's 18.75% interest in MARA.There will also be a US$30 million deferred...Read More
Manitoba and Saskatchewan consistently rank top among the world's premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS & URANIUM Aerial view, Alces Lake property in Saskatchewan. Credit: Appia Energy.Toronto-headquartered Appia Rare Earths & Uranium (CSE: API; US-OTC; APAAF) is exploring for rare earth ele...Read More
Sierra Metals (TSX: SMT; NYSE-AM: SMTS) said a group of residents from the Peruvian town of Alis are blocking the access to its flagship Yauricocha copper mine, where production has been suspended for over a week.The Canadian miner did not specify why community members are blocking access to the mine, but some speculate it could be tied to the death of three miners at the operation due to a mudsli...Read More
The stock market was down big again today, with the Dow hitting a new low for the year. Just about everything else was down today too. The Fed really has Wall Street spooked, as it's aggressively raising rates to try to get a handle on inflation (even though it won't).The latest inflation numbers show that inflation is persistent, as we knew it would be. That includes sectors without much price mo...Read More