Orea has also secured permission from the US Department of Treasury's Office of Foreign Assets Control (OFAC) to extend the deadline to wind down its joint venture to August 31 from an originallyRead More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe drilling will initially focus on the Pearl, Swan and Swan East gold-copper targets. The drilling will test targets identified by electromagnetic su...Read More
Look beyond market approach to project valuations: van ZylLeadershipOrexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe comment period will continue to September 13 from the original deadline of July 13 after feedback from stakeholders.Read More
Firms that are developing the state's nascent lithium sector near the Salton Sea area said it would delay or lead to the cancellation of projects in the state designed to supply battery metals toRead More
In the same way banks assess the credit worthiness of a customer, or the banks themselves are measured by government regulators, a mining stress test looks at what happens should prices fallRead More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesAt first blush, Peak has no obvious feature to distinguish it from the plethora of investment choices available to investors in the sector, including a...Read More
South Africa's Petra Diamonds (LSE: PDL) said Thursday it fetched US$93 million in its last sale of fiscal year 2022, as prices for its diamonds climbed 7.7% from the previous one.The results of the tender, the sixth one since July 2021, brought total sales for 2022 to US$584.5 million across Petra's mining operations."The Tender 6 results conclude a strong year for Petra's diamond sales both in t...Read More
Canada contains vast mineral resources and is considered a tier one mining jurisdiction with a skilled workforce and robust regulatory environment. Canadian mining companies are leaders in the exploration and production of a range of essential metals, including uranium, zinc, nickel, gold, copper, silver and lead. The following list presents the top ten Canadian-headquartered mining companies, ran...Read More
Think for a moment of other failed experiments in human history.One that comes to mind is the Bolshevik Revolution. Its leader, Vladimir Lenin, never really expected to take power, much less be put in charge of implementing the system he had spent a career promoting.He was asked to speak to what communism would mean. He fished around and came up with the idea of electrification of Russia.It didn't...Read More
Over the last decade Australia has emerged as a leading contender to challenge China's dominance of the rare earth elements (REE) market. Thanks in no small part to the development of the Mount Weld mine in Western Australia, the country now accounts for nearly 8% of global production. Today, however, another highly prospective REE district is emerging in the Gascoyne region of Western Australia,...Read More
Jerome Powell is a serial killer. Like Michael Myers or Jason Voorhees, he won't stop until every segment of the American economy is bloodied or buried.His latest victim?The American consumer.Indeed, U.S. consumer spending and retail sales are collapsing just like I said they would back in the spring. The government stimulus and the excess capital that helped drive the post-COVID spending reboun...Read More
The Ivittuut mine in Greenland has long been a strategic asset. It is the world's only source of mined cryolite - a flux used in the aluminum refining process. During the Second World War, US forces occupied the site to secure their own supply of this mineral that was crucial to the production of military aircraft. Now the mine's new owners, Australian firm Eclipse Metals, believe it could become...Read More
The deal starts in 2025 and covers up to 600,000 pounds of U3O8 based on market pricing with a floor price "that assures our costs of production are met in today's economic environment", the company said.The deal—which is with a US based nuclear power company, made following a site visit to the Texan operation—also includes an inflation adjusted ceiling price higher than the...Read More
Development and growth capex inflation, at around 40% annually, is as much as four times as operating costs inflation of around 6%-9%.Read More
ArcPacific said the mine had previously been incorrected plotted in the BC government's database and is "one of many" historic workings on the property.Read More
Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe deal starts in 2025 and covers up to 600,000 pounds of U3O8 based on mark...Read More
(IDEX Online) - David Gotlib is to replace Chaim Pluczenik as president of the Antwerp World Diamond Centre (AWDC), representing the interests of its 1,600 members. He will be assisted by Sahag Arslanian and Amish Jain, who were appointed as vice presidents. Mr Gotlib (pictured), of the IDRP Group, a third-generation diamantaire, said after his appointment: "Antwerp has again demonstrate...Read More
(IDEX Online ) - De Beers and the Botswana government have again delayed agreement on a new contract for the supply of rough diamonds. The sales agreement, which governs the Debswana joint venture between both parties, was extended by a year in December 2020 and was due to be renegotiated this month. The original delay was blamed on the Covid crisis. Diamond revenue accounts for a fi...Read More
(IDEX Online) - US rapper Kendrick Lamar has revealed that Tiffany & Co made the diamond-encrusted crown of thorns he wore for the cover of his new album.It was fashioned from 50 thorns, encrusted with over 137 carats of diamonds in the form of 8,000 cobblestone micro pav?? (C) diamonds, he told British Vogue magazineLamar, 35, wore the Jesus-inspired crown on the cover of his new album of Mr....Read More
West Africa-focused gold explorer Montage Gold (TSXV: MAU) has closed a financing of approximately $20 million to fund its acquisition and subsequent development of the Mankono-Siss?(C)dougou joint venture project in C??te d'Ivoire.The financing involves the private placement of roughly 28.6 million subscription receipts, each priced at $0.70 and convertible into one common share of the company. T...Read More