(IDEX Online) - The Asian Institute of Gemological Sciences (AIGS) has launched what it believes is the first standardized color code for aquamarine.It aims to introduce third-party objectivity in a gemstone market where the all-important color is often described with ambiguous terms such as greenish blue or blue.The AIGS Santa Maria color code takes its name from the legendary Santa Maria de Itab...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) reports $25m sales from its June rough tender, up from $20m in April, but well below the company's $75m record in March.Around 30 per cent of goods, all from southern African mines, remained unsold in Dubai, amid what the company described as a mood of "cautious optimism".Smaller goods - in short supply because of sanctions on Alrosa - were in h...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesTanzania, Mozambique, and Madagascar are amongst east African states that have attracted investment in critical min...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe dam elimination program, which began four years ago, has already cost the company $857 million of the $4 billio...Read More
The company listed on June 20 and on June 21 had a share price of C$0.15 (US$0.12) and market capitalization of C$11.03 million.Read More
The Ootsa measured and indicated resources now stand at 439 million tonnes grading 0.32%, which is up 96% compared to a 2016 estimate.The update also shows 138 million tonnes grading 0.28% CuEq in the inferred category.The MRE update is based on a drill hole database of about 152,000 metres of drilling, including about 50,000 metres drilled since 2018. The pit constrained resources are at both the...Read More
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant shortfall over the coming decades. Below are eight companies exploring and developing new sources of the red metal.ATEX RESOURCESThe LF230 rig drills hole ATXD-17 in the foreground with hole ATXD...Read More
Collective Mining (TSXV: CNL) has reported the discovery of a new copper-gold-silver deposit at its Guayabales project in Caldas, Colombia. Drillhole APC-1, the first diamond drill hole to test the Apollo deposit and among its eight porphyry-related targets, returned an intercept of 87.8 metres grading 0.88 gram gold per tonne, 61 grams silver and 0.39% copper starting from 291.60 metres, includi...Read More
De Beers, the world's top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs demand.The Anglo American unit sold US$650 million of diamonds in its fifth sale of 2022, slightly up from US$604 million at the previous event this year, but higher than the US$477 million it sold this time last y...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the mine, where reserves have been mined out, have begun, and employees and equipment are transitioning to the company's operations in Snow Lake."777 was a state-of-the-art mine that represented the pinnacle of a century of...Read More
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with the government of Quebec to build a new cobalt refinery in B?(C)cancour, Que., that will integrate with an emerging battery materials park in the province.Electra has been focused on creating Nor...Read More
Chilean state-owned copper producer Codelco, the world's largest, was hit on Wednesday by a nationwide strike against the miner's decision to close permanently an allegedly polluting smelter in the country's central zone.Unions demand that, instead of shutting down Ventanas, the company upgrades it. Codelco's decision followed an environmental incident that saw dozens of people fall ill, the mine...Read More
What is the deal with gold?That's not a set-up to a Seinfeld joke.Really, what's the deal?Inflation is soaring, the equity markets are in a bear market, a recession is looming, geopolitical instability remains elevated, and there are multiple currency wars waging.Markets are fearful, to say the least.The CNN Fear and Greed Index has been sitting in "extreme fear" territory for more than a month.Me...Read More
The stock market is enduring its poorest first half since 1932. What does this evil fact portend for the year's second half?Your choices are these:A): The stock market will thunder back with fantastic vigor...B): The stock market terrors will extend throughout the year...C): This year's grim first half will exert no gravity whatsoever on the second - the stock market is as likely to rise as it is...Read More
The market capitalisation of the top 40 miners increased by 7% over 2021, with valuations for miners of critical minerals up by 49-147%.Read More
The designation by the Brazilian government will allow prioritised permitting for the scheme, Bravo Mining (formerly BPG Metals) said.Read More
The agreements will allow the firm to finish remaining activities necessary for the permit application submission for the project which will include engineering and geological work completed toRead More
Assay results from the firm's latest drill hole CB-196 included intersections of up to 2.3% copper, 1.29 g/t gold and 8.Read More
Look beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningThe market capitalisation of the top 40 miners increased by 7% over 2021, with valuations for...Read More
Look beyond market approach to project valuations: van ZylLeadershipCONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningThe move will allow the firm to focus on "high impact" drilling at its Imperial and Long Valle...Read More