(IDEX Online) - This year could prove to be a tipping point for lab growns, say IDEX Online's expert analysts in their new 2021 Pipeline report.The industry enjoyed a "dream year", but the mined sector lost a potential revenue of $20bn to lab growns, they say.Sanctions on Russian rough - around 30 per cent of global supply - could now force high-end jewelers to start using lab growns in their...Read More
(IDEX Online) - Chow Tai Fook today reported a 41 per cent increase in revenue, despite ongoing Covid lockdowns and their impact on sales.China's biggest jewelry retailer said earnings for the year to 31March 2022 were HK$98.9bn (US$12.6bn) and gross profit was up by 11.3 per cent to HK$22.3 (US$2.8bn).Despite "the lingering effects of the pandemic and global economic uncertainties," the reta...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningAs part of the company's support for the transition to a more sustainable world, Vale plans to acquire minority stakes in startups focused on decarbonisati...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has announced a US$10-million investment in Nano One Materials (TSX: NANO), a technology company with a patented process for production of cathode materials used in lithium ion batteries. Under the agreement, Nano One will issue 4.6 million common shares or about 4.9% of the company's issued and outstanding shares to Rio Tinto for its investment. The d...Read More
Vale, the world's top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in B?(C)cancour Que., the company said on June 9. The facility is expected to process 25,000 tonnes of nickel into nickel sulphate annually to supply the lithium-ion battery market for electric vehicles. The project's final investment decision and schedule, however, w...Read More
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry's first known sustainability-linked financing focusing exclusively on social development indicators.Anglo American will use the funding to build its so-called Sustainable Mining Plan further. The initiative aims to support community devel...Read More
My first half century on this planet was filled with the great joy, and occasional terror, of having a Scottish mother. Gladys brought to Canada an arsenal of words and phrases that explored gradations of foolishness, from "numpty" to "daft." Once, when the vice-principal sent home a letter asking my mother to explain my recent absence - I'd skipped school with friends to watch our high-school bas...Read More
E3 Lithium (TSXV: ETMC; OTC: EEMMF) has been granted a licence for the first brine production well in Alberta. The well will be drilled in the company's Clearwater project area, east of the Town of Olds, for the purpose of evaluating its lithium resource. Drilling is expected to begin before the end of this month, and is targeted for completion by mid-July.According to E3, an innovator of the dire...Read More
In recent years the uptick in the price of precious metals, particularly gold, has reinforced their reputation as a store of value and leading drivers of mining activity around the world. Here are eight companies exploring and developing precious metal projects.CLEAN AIR METALSClean Air's Thunder Bay North site in Ontario. Credit: Ethan Beardy, Clean Air MetalsCanadian explorer Clean Air Metals...Read More
When investing in any mining company, there is a specific type of high-level stock of which you should be aware. Dividend paying stocks can significantly increase your return on investment while also providing you with a source of recurring revenue. However, it's important that you understand how to...Read full newsRead More
Seahawks safety Jamal Adams meets with the Seattle media during minicamp, discussing how he's dealt with injuries, him overcoming adversity, and more.Subscri...Read full newsRead More
GCM Mining Corp. ("GCM Mining" or the "Company") (TSX: GCM, OTCQX: TPRFF) announced today that it has published its second annual ESG report entitled "2021 Sustainability Report" which is available on its website at www.gcm-mining.com.Lombardo Paredes, Chief Executive Officer of GCM Mining, commenti...Read full newsRead More
"We believe Search is well positioned to attract strategic partners and investment as we move forward with the next steps of development including completing a bankable feasibility study andRead More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe interest is due to the South American nation's potential to host large porphyry copper-gold, volcanic massive sulphide (VMS) and other types of deposit...Read More
Total project capital costs included in the preliminary economic assessment (PEA) are estimated to be US$1.Read More
The corporate bonds will pay a semi-annual coupon linked to the copper price with a minimum of 7.5% per annum at a $3.60/lb or lower copper price and a maximum of 20% per annum at a $11.Read More
The firm sold 5.3 million shares of Perpetua on New York and other exchanges, accounting for all of its previously 8.5% stake in the firm.Read More
US Department of Energy officials have met with key congressional staff, where they said such funding is urgently needed, Bloomberg reported.Read More
(IDEX Online) - Sanction-hit Alrosa is expected to make no dividend payment to shareholders for the second half of last year, citing the need to "maintain sustainability of its operations".The miner, a third owned by the Russian government, today announced that its supervisory board was recommending the move.In 1H 2021, Alrosa paid out just over $1bn (RUB64.7bn) to shareholders, more than 70% of t...Read More
(IDEX Online) - Bank of America is forecasting a 15 per cent increase in diamond prices this year, amid the ongoing squeeze on supplies.It says supply of diamonds is now the lowest since the Great Financial Crisis of 2008. And the US currently accounts for a half of global demand, says the bank, one of the world's largest financial institutions.Sanctions on Russia, over its invasion of Ukrain...Read More