Barrick produced 1.04 million ounces of gold and 120 million pounds of copper in the second quarter and said it remained on course to meet guidance.Read More

Shareholders and analysts will be watching Freeport-McMoRan's second quarter performance closely for a wider industry read on the impact of lower metals prices, inflation and economic deterioration,Read More

Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdPensana Plc to provide UK-produced rare earth resourcesSPONSOREDpensanaThirty years ago, nuclear power plants...Read More

(IDEX Online) - Crime has cost US jewelers $2.2 billion in the last two decades, says the JSA, after adjustments for inflation.The total figure for 2021 was just over $70m, down from $83m the previous year, said the New York-based Jewelers' Security Alliance Releases in its newly-released 2021 Annual Crime Report.But the total number of crimes was up from 1,438 to 1,687, an increase of 17 per...Read More

(IDEX Online) - An Indian jeweler has landed a Guinness World Record with a ring made with 24,679 natural diamonds.The Touch of Ami took 90 days to make at SWA Diamonds, in Malappuram Inkel Educity, Kerala.It takes the title Most Diamonds Set in One Ring from the previous record holder Renani Jewels, based in Meerut, India. Their Ring of Prosperity is set with 12,638 individual diamonds."It is our...Read More

(IDEX Online) - Nehal Modi, younger brother of fugitive diamantaire Nirav Modi, has been convicted by a US court of fraudulently obtaining diamonds worth over $2.6m.Modi, 41, a diamond trader, made false representations between March and August 2015,  regarding a purported deal with Costco Wholesale Corporation to obtain the gems LLD, also known as Lev Leviev Diamonds.He then liquidated the d...Read More

The U.K. is facing a crisis. No, not our mounting supply issues, soaring cost inflation or the sudden change in political leadership; rather, the plummeting numbers of drinking establishments and graduate mining engineers. A survey in 1577 found that there were over 16,000 alehouses, taverns (generally larger than alehouses and also served wine) and inns in England and Wales. With a combined p...Read More

Japan's Panasonic is deepening its ties with electric vehicles (EVs) maker Tesla by planning a battery plant in Kansas, which will cost US$4 billion.The facility is expected to supply the EV giant with a new high-capacity battery and boost Panasonic Energy's production capacity by fiscal 2028 from the current level of roughly 50 gigawatt-hours per year to 150 to 200 GWh.The Japanese company, the w...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing US$188 million to increase the production capacity for low-carbon, high-value aluminum billets at its Alma smelter in Lac-Saint-Jean, Que., by 202,000 tonnes.The existing casting centre at Rio Tinto's Alma plant will be expanded to accommodate new state-of-the-art equipment, including a casting pit and furnaces, allowing a larger portion of th...Read More

Barrick Gold (NYSE: GOLD; TSX: ABX) has reported its preliminary second quarter operating results, showing total gold production of 1 million oz. and copper production of 120 million lb. During the quarter, it managed to sell all of the gold produced and 113 million lb. of copper.The gold output represents a 5.4% increase over the first quarter of 2022, which Barrick has said would be its lowest p...Read More

Anglo American (LSE: AAL) and Japan's Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions.The companies will research ways to optimize premium lump ore produced by Anglo American's mines in Brazil and South Africa to decrease emissions in the traditional blast furnace (BF) steelmaking process.The partn...Read More

The mining sector expected change with the election of left-leaning president Gabriel Boric earlier this year on a ticket of advancing social equality and the drafting of a new Constitution.Read More

FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF)(Read full newsRead More

Tartisan Nickel (CSE: TN; US-OTC: TTSRF) has announced results of a positive preliminary economic assessment for its flagship Kenbridge nickel project, adjusting the mine plan to focus solely on mining resources from underground. Located in the Kenora mining district of northwestern Ontario, the Kenbridge project currently has an existing shaft to a depth of 622 metres.The PEA indicates a nine-yea...Read More

Share this articleVANCOUVER - Osisko Metals Inc. [OM-TSXV, BWMXF-OTC] on Wednesday released the results of an updated preliminary economic assessment (PEA) for its Pine Point project in the Northwest Territories, which is expected to be a producer of ultra-clean zinc concentrate.The objective of the 2022 PEA update was to integrate updated long-term prices for zinc and lead, increased mined resour...Read More

Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdPensana Plc to provide UK-produced rare earth resourcesSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsThe PEO aimed to integrate updated long...Read More

Economists had expectations of a 8.8% increase, based on higher fuel, food and other costs. Inflation grew at an annualised 8.6% in May.Read More

The project is expected to start operations by the second half of 2023 and intends to develop silo-blending facilities of up to eight different ores with a 15 million onnes a year capacity in theRead More

The court ruling backed a previous decision by Ministry of Environment, Water and Ecological Transition (MAATE) to grant water rights and other environmental permits to the scheme.Read More

(IDEX Online) - A British jewelry store will close this weekend after an astonishing 277 years in business, at the same address.Thurlow Champness, in Bury St Edmunds, Suffolk, (pictutred) was established by watchmaker George Lumley back in 1745. He also sold clocks, watches, diamond jewelry and gold pieces.Current owner Trevor Salt is retiring 40 years in the business and says there is nobody to h...Read More