(IDEX Online) - Diamond miners in Lesotho are urging the government to reconsider new rules that would halt refunds on VAT paid on the goods, services and capital items for day-to-day operations.They say the proposed VAT Amendment Bill would harm the industry, which produced 1.1m carats in 2019.Australian-owned Lucapa, which operates Mothae, the world's highest US$ per carat kimberlite diamon...Read More

(IDEX Online) - A luxury jeweler in Ukraine that started making body armor after the Russian invasion is now sending wedding rings to frontline soldiers.Oberig's manufacturing base in Kharkiv - Ukraine's heavily-shelled second city - has so far contributed more than 6,000 items of body armor to the war effort.And now it's sending silver wedding rings - 148 and counting - to soldiers...Read More

(IDEX Online) - Lusix, the solar-powered lab grown company, has announced $90m in an investment round for its Sun Grown Diamonds.LVMH Luxury Ventures is among those funding the Israel-based company, founded by Benny Landa, the "father of commercial digital printing" who sold his company Indigo to HP for $830m.Half the $90m was revealed in February, when the company said it had secured funding from...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 minesGudai-Darri, approved in late 2018, represents Rio's first greenfields Pilbara iron ore development in over a decad...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 mines"Canada is home to almost half of listed companies in the mining and minerals space, with a combined market cap of...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 minesSome 67% of regional silver production and 56% of our copper production was exposed to water scarcity.Read More

Antofagasta announced a leak in the Los Pelambres concentrate pipeline on June 7. Antofagasta reports that restrictions to access the leak have been partially eased, allowing repairs to begin.Read More

Despite strong commodity prices, money has not been flowing into the mining sector - and that is likely to be the case as long as market volatility and uncertainty continue, according to a panel of mining-focused investment bankers at this week's Prospectors and Developers Association of Canada (PDAC) convention. The June 13 conversation, moderated by Northern Miner Group president Anthony Vaccar...Read More

From a lack of skilled professionals to rising costs due to inflation amidst the pressure to quickly build an entirely new industry, Canada must overcome several obstacles before it can build the battery ecosystem it often promotes, industry experts said at a session at this week's PDAC conference in Toronto.While the country has over the last year taken steps to support miners hunting for battery...Read More

Kinross Gold (TSX: G; NYSE: KGC) said on Wednesday it had sold its Kupol mine and Udinsk project in Russia to Highland Gold Mining for a total of $340 million in cash, half of the price announced in April.The Canadian miner suspended operations in Russia in early March to both comply with Western sanctions against Moscow over its invasion of Ukraine and avoid reputational damage by staying in th...Read More

Critical Elements (TSXV: CRE; OTC: CRECF) has delivered a new feasibility study on its wholly owned Rose lithium-tantalum project situated in the Eeyou-Istchee, James Bay region of Quebec, confirming the potential for a low-risk, reliable producer of high-quality lithium.The study envisions a 17-year operation that will excavate a total of 26.3 million tonnes of ore grading 0.87% Li2O (lithium o...Read More

For investors and companies involved in the extraction industries, it has been impossible to ignore the meteoric rise of battery materials in recent years. Over the course of 2021, cobalt prices more than doubled, rising by 119%, lithium prices surged almost 400% and copper prices also reached all-time highs.A significant driver of these price movements is the energy transition, which represents t...Read More

In the Northwest Territories, infrastructure that lags behind southern Canada is limiting the potential of the territory's mining development and increasing its costs as well, said leaders of the N.W.T. government at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto on June 14. Premier Caroline Cochrane and Minister of Industry, Tourism and Investment Caroline Wawz...Read More

Palmer's speech covered ESG touchstones including decarbonisation, sexual harassment and the need for better relationships with communities, within a broad message that, "to stay relevant, we must look beyond what we produce and focus on how we produce these materials," he saidHe stressed that as the leading gold producer, Newmont has, "a tremendous opportunity to be a catalyst for sustainable dev...Read More

Wrapping up a speech at the Port of Los Angeles, President Joe Biden took a swing at oil companies on Friday, blaming them for not doing enough to keep oil prices low.Biden was asked specifically about ExxonMobil. The President replied, "We're going to make sure that everybody knows Exxon's profits. Why don't you tell them what Exxon's profits were this year - this quarter? Exxon made more money t...Read More

The key investment bankers behind the merger and acquisitions flow used an event at the PDAC conference in Toronto to reassure that merger and acquisition activity is likely to continue despite aRead More

Share this article VANCOUVER - E2Gold Inc. [ETU-TSXV] is set to launch an initial drill program on its Band-Ore project in northwestern Ontario. The company said the 1,000-metre drill program will test historic resources and a geophysical anomaly.Periodic exploration over the last 90 years, including that by Noranda Mines, has produced highly encouraging rock sample assays, and drill hole trenc...Read More

Billed as Pieces of Eight, featuring eight panelists, the overriding message was that better days for precious metals investors will come, with the caveat, "for those who have the patience.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 minesGiglio said that the company has re-explored historically explored areas with different geological and exploratory...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 key investment bankers behind the merger and acquisitions flow used an event at the PDAC conference in Toronto...Read More