(IDEX Online) - Lab growns now account for around a fifth of the diamonds used by manufacturers in India, according to reports.The switch from mined gems has been prompted by ongoing sanctions against Alrosa, together with demand form the US for cheaper goods, amid spiraling inflation.  Lab growns are 40 per cent cheaper.Among the beneficiaries are lab grown manufacturers in India, which...Read More

When geologist Ashley Kirwan and her business partner Shastri Ramnath were thinking of starting a consulting company to support miners exploring projects through data in 2012, almost everyone they spoke with said it was a bad idea. She had just quit her job and the market wasn't encouraging for young entrepreneurs. And yet, the co-founder of Orix Geoscience followed her gut. "It was like the wo...Read More

Canadian miner Alamos Gold (TSX: AGI) has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.A total of 991 ounces of gold were produced from the initial pour, the company said, adding La Yaqui Grande, its second mine in Mexico, is expected to churn out roughly 3,000 ounces of gold in June.The figure has alread...Read More

Canadian explorer Argentina Lithium & Energy (TSXV: LIT; US-OTC: PNXLF) aims to advance new sources of high-quality lithium in Argentina to meet the growing demand for clean energy technologies powered by lithium-ion batteries.Argentina Lithium is part of the Grosso Group of companies, which has been a pioneer of mineral exploration in Argentina for nearly three decades.The Vancouver-headquarter...Read More

The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold Resources and Gatos Silver, passed away suddenly and unexpectedly on June 10. Igor's mining career spanned more than 30 years, where he held numerous board and senior roles and was actively involved in many of our industry's m...Read More

During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, ?"scar Graham, announced that his government will extend to 2025 the tax refund benefit to mining and oil exploration, which was scheduled to end in December 2022.According to Graham, the decision is based on the government's desire to guarantee the growth of the mining sector, which is resp...Read More

Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile.Golden Arrow is part of the Grosso Group of companies, which has been working successfully in Argentina since 1993, where it has been involved in several major discoveries, including the Chinchillas silver deposit, now owned by SSR Mining (TSX: SSRM;...Read More

Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and more productive.Drill operators, however, are required to oversee streams of complex data, generate value from that data, and manage tasks in need of constant attention during operations, which...Read More

(IDEX Online) - A limited-edition Patek Philippe watch that was launched with a $35,893 price tag last April is now selling for up to $551,700. Demand for the rare, olive green-dialed variant of the Nautilus 5711/1A model has been so intense that buyers are prepared to pay more than 1,400 per cent over the odds on the secondary market. The market monitor Watch Charts currently reports $442,000 as...Read More

(IDEX Online) - A five-carat Paraiba tourmaline - one of the "newest" gemstone varieties - is to be auctioned at Bonhams Hong King with a high estimate of $484,000.Tourmaline was first discovered in the 1500s in a variety of colors. But vivid blue/green examples were only discovered in 1989.  They are called Paraiba after state in Brazil where they were found and can command significantly hig...Read More

(IDEX Online) - Luxury brands have cut their forecasts for growth in China from 18 to per cent to just three per cent, as Covid lockdowns continue to shatter consumer confidence. Management consultants Oliver Wyman published their findings based on interviews with clients representing more than $50bn in retail sales of premium consumer and luxury goods in the country. "There is a huge doubt about...Read More

Codelco maintains that the smelter meets environmental standards. However, operations ceased on June 6 when the company decided to bring forward maintenance work after episodes during which up to 100 local residents including children and adults experienced intoxication.Th copper producer created dialogue tables with the almost 350 workers and union representatives to transition them into other ro...Read More

Non-executive chair Charles (Chuck) Jeannes, who lives in Nevada, began Glamis Gold which bought Goldcorp in 2006 for US$8.6 billion. Gold Standard Ventures' president and CEO Jason Attew was also at Goldcorp before moving on to investment banking at Bank of Montreal."Glamis started on open pit heap leach mines in Nevada. Our market message has been that we will begin [Orla] in a similar way, with...Read More

Remember the limbo? It was a dance fad kind of like the Olympic high jump in reverse: Instead of leaping over a horizontal bar, you duckwalked under it to calypso music, with the crowd squealing, "How low can you go?"As it happens, in the culture of Western Civ, Limbo is also the name of a place on the edge of hell. Either way, you have an apt metaphor for the spot that the USA is in as we enter t...Read More

[FREE TO READ] Authorities permitted to keep supplies, if needed, after consumers told to turn off the lightsRead full newsRead More

Share this articleVANCOUVER - Golden Arrow Resources Corp. [GRG-TSXV; GARWF-OTCQB; G6A-FSE] has begun the first exploration program at its new 100%-held San Pietro copper-gold-cobalt project in Chile. Golden Arrow has retained two Chilean project geologists with extensive experience in geologic systems like those in and around San Pietro.The program has commenced with detailed surface mapping and...Read More

The government of Nicaragua created state-owned ENIMINAS to solidify its control over Nicaragua's mining sector in 2017.Read More

"We're cash-rich but could be helped on the resources," Rae said, adding that the company would only be interested in accretive deals.Read More

  While not widely recommended by investment advisers it is getting harder to ignore the 200% rise in the price of thermal (electricity producing) coal over the last 12-months, or its 700% riseRead 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 minesJunior miners will need to increase their decarbonisation efforts in order to remain relevant, International Counci...Read More