Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Nunavut, as the company's request to increase production to 6 million tonnes through to the end of the year and an expansion application have yet to be answered.The operation on the northern tip of Baffin Island suffered a major blow in May after a review board advised against an expansion on e...Read More
British Columbia posted the largest increase in exploration spend among Canada's provinces year-over-year in 2021, with a 124% jump to US$493 million, according to S&P Global's 2022 WorldRead More
Over the past few decades, one of the most popular physical silver assets among amateur investors has been so-called "junk silver coins."Junk silver coins are government-minted currency coins that have little to no collectible value, but instead are valued for the silver they contain.Prior to the mid-1960s, governments including the United States and United Kingdom used an alloy mixture that conta...Read More
Falcon Gold Corp. (FG:TSX-V), (3FA:GR), (FGLDF:OTCQB); (Read full newsRead More
Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF) (theRead full newsRead More
Mosaic expects to return all of its 2022 free cash flow, after debt reduction commitments are met, to shareholders through a combination of share repurchases and dividends, the Florida-based firmRead More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDMosaic expects to return all of its 2022 free cash flow, after debt reduction commitments are met, to shareholders through a combination of share repurchases and dividends, the Florida-based firmRead More
"'A work in progress', I guess is the best way to describe it," he told journalists after a speech at the annual event. Shareholders, who are due to vote on the US$6.Read More
Sprott has partnered with the Royal Canadian Mint (RCM) to provide investors with an ETF that only sources gold from companies and mines that meet Sprott's ESG screening criteria.Read More
"We are presently reviewing the opportunity to undertake an ASX cross-listing. "I think for us we celebrate, and want to continue to build on the strength of, our London-listing.Read More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe shares are down 45% since the end of February. But other red metal-centric listed vehicles such as Freeport-McMoRan have also come a cropper, down about 40% during the same time period.Read More
(IDEX Online) - Tiffany & Co is selling limited edition pendants to owners of CryptoPunks - a set of 10,000 unique and collectible Ethereum blockchain characters.The jeweler says it's taking NFTs (non fungible tokens) to "the next level" by creating NFTiffs, or replicas of the virtual CryptoPunk designs.Each one will have at least 30 stones, among them diamonds and colored gemstones...Read More
(IDEX Online) - Fancy color diamonds prices rose by an average of 0.8 per cent in the last quarter.That's a slowdown on the previous three months (1.0 per cent Q1 2022), but still puts them way ahead of other global indices, says the New York-based Fancy Color Research Foundation (FCRF). In Q2 2022 it says the Dow Jones was down 11.3 per cent, the S&P down 16.4 per cent, gold d...Read More
(IDEX Online) - A jeweler in the US has been jailed for more than 12 years after pleading guilty to an investment scam involving a 77-carat "Yellow Rose" diamond.Joseph DuMouchelle, 61, persuaded a client to make a wire transfer to the seller's account for $12m, claiming he could sell it on for $16m.But the money went into his own account and he promptly withdrew it to pay off personal and bu...Read More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSORED"There [needs to be] a mindset shift away from patting ourselves on the back for the changes we have already made," Sharon Warburton, who holds non-executive directorships across multiple sectors*,Read More
About 700 tonnes of gold-bearing material valued at about $191,357 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday in South Africa's West Rand, part of the historic Witwatersrand Basin.The South African Police Services' elite crime-fighting Directorate for Priority Crime Investigation said Monday that one illegal miner, known as a 'Zamazama...Read More
Benz Mining (TSXV: BZ; ASX: BNZ) has received assays for the six holes drilled in April 2022 as part of its initial lithium exploration at the Ruby Hill West discovery in Quebec. The best results came from RHW22-006, which intersected 26.4 metres at 1.01% lithium oxide (Li2O) and 3.7 metres at 2.61% Li2O, with tantalum, rubidium and cesium association. Holes RHW22-001, 002, 003 and 005 also showed...Read More
This week's episode features Lincoln Strategic Senior Client Director, Global Mining Recruitment, Erik Buckland, who gives an update on the mining labour market and how technology and robotics are being increasingly used in lieu of employees by mining companies. He also discusses the growing perception of the mining industry as an environmentally-friendly sector, and gives tips to people who are...Read More
Royal Gold (NASDAQ: RGLD; LSE: 0KXS) announced on Tuesday a US$525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and Fourmile project in Nevada from Rio Tinto's (NYSE: RIO; ASX: RIO) subsidiary Kennecott Royalty company.The transaction gives the Denver, Colo.-based royalty firm an effective 1.2% gross royalty in an area within the Cortez complex, which i...Read More
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly prospective segment of the Appleton fault zone (AFZ) immediately north of the high-grade Keats zone at its Queensway project in Newfoundland.AFZ is one of two prominent north-east trending faults that are interpreted to be the primary fluid conduits for g...Read More