Share this articleVANCOUVER - NGEx Minerals Ltd. [NGEX-TSXV] has reported the discovery of a third zone of high-grade copper-gold mineralization at the Los Helados project in Chile.NGEx is the majority partner and operator at the large-scale Los Helados deposit, subject to a joint exploration agreement with Nippon Caserones Resources Co. Ltd. The project is located in Chile's Region 111.The new zo...Read More

Gold Standard shareholders will receive 0.1193 of an Orla share of Orla and $0.0001, implying a purchase price of 65.5c, a 35% premium to Gold Standard's closing price on June 10.Read More

Toronto-listed Alamos Gold is aiming for a 30% cut in its absolute green house gas (GHG) emissions by 2030, including scope 1 and scope 2 emissions which will be partly met by the phase out ofRead More

It was towards the end of last year that a similar warning about an oversupply of the critical battery metals was made in Mining Journal ("Beware the return of the lithium glut" MJ, November 21,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 minesHaving offloaded most of its base metals into South32 seven years ago, and just completed the sale of petroleum ope...Read More

(IDEX Online) - Jewelry giant Sterling has announced a $175m settlement over long-running claims that it subjected 68,000 female workers to gender bias.Women who were poised for a classwide action will receive a split of the sum, minus an estimated $50m in legal fees and costs (leaving them with an average of just under $1,850).Sterling, part of the Signet group - the biggest US jewelry retailer,...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  These regulatory developments are expected to increase costs for miners both in the EU and globally, at leas...Read More

Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is designing new reporting mechanisms for its employees and training modules for top leaders to spot "unacceptable" behaviours in the workplace, the company said four months after the release of a report that revealed patterns of racism, sexism and harassment among its global workforce. Carolyn Chisholm, director of Rio Tinto's external affairs, said tha...Read More

While prices for battery-making products such as lithium spodumene, carbonate and hydroxide have rallied by 1,553%, 1,057% and 744%, respectively, since mid-2020, the lithium market will struggle to remain balanced in the medium-term, Bank of America (BofA) says in a new research note.According to the bank, the upward pressure has been driven by a confluence of factors, including supercharged dema...Read More

Canadian explorer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) is looking for graphite and lithium - critical ingredients for the anode and cathode of lithium-ion batteries driving the global push towards decarbonization.The junior miner is advancing its wholly-owned flagship La Loutre graphite project in the Grenville graphite belt of southern Quebec, approximately 180 km northwest of Montreal.The...Read More

Lithium is a critical metal for the global push for decarbonization. It is needed to produce the rechargeable lithium-ion batteries used in electric vehicles (EVs) and energy storage technologies that promise more sustainable, low-carbon transportation systems and energy networks.The U.S. is positioning itself as a leader in this transition to a cleaner energy future. Last November, the Biden admi...Read More

Relationships between the mineral exploration and mining sector and Indigenous peoples within Canada and around the world vary across a broad spectrum - from respectful and mutually beneficial to antagonistic and harmful. We see these diverse variations play out on a global stage and how companies navigate this increasingly complex socio-political environment is a primary factor in whether a proje...Read More

These are exciting times for Canadian explorer and developer G2 Goldfields (TSXV: GTWO;US-OTC: GUYGF) says Dan Noone, the company's chief executive, as it advances the Oko-Aremu gold project in Guyana."In less than two-and-half years, we've progressed from discovery to our first resource on the project, and this marks a major milestone in unlocking the full value of a project that has the potenti...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 minesDavidson said that while supply is expected to increase in the short-term as the Quelleveco and Quebrada Blanca 2 p...Read More

Guzman said the variable rate will by 0% when the copper price is less than US$3.50 per pound and 8% when it is more than $5.25/lb.Between these two values, it will be 0.8% of the difference between the prevailing copper price less the $3.50/lb floor price. So at $4.50/lb copper it will be 0.8% and a $5/lb it will be 1.2%"The president has signed a decree on adapting the export duties for copper w...Read More

The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.And it may fall even further. Since World War II, there have been 14 bear markets. The median loss during these bear markets has been 30%, and they lasted about a year (hat tip to Bespoke Investment Group).The Kind of Drop We Haven't Seen in DecadesAnd with the Fed ready to raise inte...Read More

Natural Resources minister Jonathan Wilkinson has said that Russia's invasion of Ukraine and the fragility of global supply chains have "heightened" the importance of critical minerals as he welcomed mining company delegates on the opening day of PDAC 2022.Wilkinson described the transition to net-zero as a "competitive race" between the world's largest economies, with demands for minerals like li...Read More

(IDEX Online) - GIA is to close its Antwerp grading lab, saying it is no longer economically viable.It will stop taking submissions on 1 July and cease trading altogether on 31 July.GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to manufacturing in India and banks' reluctance to lend. Belg...Read More

(IDEX Online) - A US tourist had his unique $1m Hublot watch - set with over 32 carats of black diamonds - snatched from his wrist in Barcelona.He suffered minor injuries in the incident outside the five-star Mercer Hotel, where he is believed to have been staying. Unconfirmed reports identify the stolen watch as a Hublot Black Caviar Bang.The timepiece is described by its Swiss makers as a w...Read More