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
Osisko Development (TSXV: ODV; NYSE: ODV) has provided an initial open-pit resource estimate for the Sapuchi, Golfo de Oro, California, High Life and Calvario deposits at its San Antonio project in Sonora state, Mexico.Indicated resources total 14.9 million tonnes grading 1.2 grams gold per tonne and 2.9 grams silver for 576,000 oz. of gold and 1.4 million oz. of silver. An additional 16.6 million...Read More
Shares of Star Diamond (TSX: DIAM) fell by more than 50% on June 29, after the company announced that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) had exercised its voting power to place the Star - Orion South Diamond project on care and maintenance until the end of the year. Star Diamond holds a 25% interest in certain Fort ? la Corne kimberlites, including the Star - Orion South Diamond project...Read More
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) revealed on Thursday that is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to have an 80% in the company, which aims to be Europe's first fully integrated lithium producer.The South African miner currently has a 30.3% stake, held through Keliber Oy which owns the namesake project in Fin...Read More
The mining world has quickly embraced environmental, social and governance (ESG) principles and more companies are seeing the need to meet those priorities, even on the level of investment, said Michel Brutti, founder and president of Clear Skies Investment Management, at the Mining Investment Event of the North conference on June 21."On the 'E' side, we can see there are solutions out there to go...Read More
(IDEX Online) - There were many losses in June, as there were in May. The war continues in Ukraine, as do the sanctions on Russian rough, and Indian manufacturers are still filling the supply gaps, especially among smalls, by switching to lab grown. In May we saw more increase among goods over 2.0-cts seeking refuge from the stock market. In June those increases were limited to goods over 4.0-cts....Read More