Shares in Australian gold producer Evolution Mining (US-OTC: CAHPH; ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.The announcement triggered a sell-off that sent the company's stock 22% down and wiped off almost A$3.5 billion (US$2.4 billion) of the value of Australia's big three gold miners - Nort...Read More

Canada has unique strengths as a mining nation, including a large land base with a "vast diversity" in its mineral endowment, access to the U.S. market, and a long and successful mining history. Those were just some of the reasons why Canada is prominent in mining and a draw for investment, said keynote speaker Douglas B. Silver at the Mining Investment Event of the North conference, organized by...Read More

Copper is pivotal to the global transition to a clean energy future. The red metal is an essential ingredient for the electric vehicles (EVs), energy storage systems, and renewable energy technologies underpinning this transition.However, declining ore quality, mine closures, and the absence of additional investment in new supply could lead to a shortfall of 16 million tonnes by 2040, according to...Read More

Dear Outsider,Last week was crazy.Markets took a heavy beating only to come roaring back Friday after Fed Chair Jerome Powell finished up his testimony before the Senate Banking Committee.By now, you've probably heard some snippets.Good luck slogging through the whole thing...But one conversation stood out to me.It was about the cause of inflation and rising gas prices.For some context, we've...Read More

I've been addressing the war on cash lately, and for good reason. While everyone's attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating.For example, central bank digital currencies (CBDCs) are coming even faster than many anticipated. The digital yuan is already here; it was introduced in China last February during the Win...Read More

(IDEX Online) - A jeweler had his uninsured suitcase of diamonds and jewelry, valued at over $1m, stolen as he packed up at the end of a gem show in Houston, Texas, USA."It takes so much to collect... and to see everything vanish... It's your entire life savings. It's gone," Iftikhar Sayed, 72, told local news channel Click2Houston.He and his wife had been displaying their goods at the I...Read More

(IDEX Online)  - Two suspects have been arrested over the $12m armed heist at Bulgari's flagship store in Paris last November. The men, aged 26 and 37, were detained on Tuesday (21 June), according to French media.  Four robbers fled on scooters and three in a grey BMW, after the raid in the capital's prestigious Place Vendome (pictured), which is also home to Chanel, Boucheron...Read More

(IDEX Online) - Kimberley Process (KP) must address its narrow definition of conflict diamonds, Edward Asscher, president of the World Diamond Council (WDC) told delegates at a meeting of the global watchdog in Botswana last week.He warned that industry solutions to responsible sourcing could end up eclipsing KP's certification scheme - but could also marginalize smaller players without the r...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 minesIn addition to the above, the marketing efforts of the quasi-industry-government body,...Read More

Our economy is in a crisis that’s been brewing for decades.The Chinese characters for the English word crisis are famously - and incorrectly - translated as danger and opportunity. The more accurate translation is precarious plus critical juncture or inflection point.Beneath its surface stability, our economy is precarious because the foundation of the global economy - cheap energy - has rea...Read More

Though mining and metallurgical operations in Montana, US were largely unaffected by the  flooding this month, key infrastructure including bridges and access roads were impacted.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 minesGlobal mining capex averaged around US$99.5 billion a year in the past decade but inclu...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 review would be concluded by December, the LME said. Read More

Banyan published a 4 million ounce resource update in May and with 60,000m in its drilling plan for this year, management believes the resource will number 6-8Moz by the fall, the next time it isRead 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 minesThough mining and metallurgical operations in Montana, US were largely unaffected by th...Read More

Altiplano president and CEO Alastair McIntyre said the facility was completed within the company's financial expectations while it did encounter several timeline challenges amid the Covid-19 pandemic.The El Penon processing facility is about 15 kilometres from Altiplano's Farellon copper-gold mine near La Serena."Processing of stockpiled material currently stored at the El Penon site has begun as...Read More

Argonaut Gold (TSX: AR) has entered into an agreement with banks and financial institutions to issue 434 million common shares to help it finance the final construction of its Magino gold mine in Ontario.Argonaut's 100%-owned Magino mine is an underground, past-producing project located about 40 km northeast of Wawa. Construction to bring mine back into production as an open pit operation has been...Read More

E3 Lithium (TSXV: ETMC; US-OTC: EEMMF) has started drilling a brine production well - which it says is Alberta's first - for evaluating lithium in its Clearwater project.The well, located east of the town of Olds, will provide the company with data such as brine chemistry, lithium concentrations and the reservoir characteristics of the project, which E3 plans to use to upgrade its resource estimat...Read More

Chile's Environmental Assessment Service (SEA) has rejected the environmental impact assessment for Rio2's (TSXV: RIO; US-OTC: RIOFF) Fenix gold project in the Atacama region. The SEA's report notes that while Fenix meets the environmental regulations and requirements, it didn't provide enough information on how it aims to eliminate the "adverse impacts" that the project will have on the area's w...Read More

Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the U.K., has secured another ?9 million (US$11 million) from metals-focused investment company TechMet to help fast-track its lithium projects in the homeland.The amount corresponds to the second tranche of an ?18 million (US$22 million at today's exchange rate) funding package agreed with t...Read More