On a grade-thickness basis, hole 55C comes in 1,779.5, a sizable lift from the previous best hole of 1,492.6 in hole 54, and almost twice the next best hits reported by other countries, and three or four times better than the other top 10 drill hits in the Americas."From a grade-thickness perspective, hole 55C is the best hole ever drilled at Filo del Sol," said Filo Mining president and CEO...Read More
S&P Global Rating's decision to drop Tesla from its S&P 500 ESG Index while retaining oil and gas giant ExxonMobil - and Musk's subsequent outrage at this apparent contradiction - may beRead More
Toronto-listed Seabridge Gold has reached a "contribution agreement" with the Liard First Nation (LFN) for the firm's 3 Aces gold exploration project in Yukon, Canada.Read More
Analysts welcomed the move as Arena's Sal de la Puna project is adjacent to Lithium Americas' recently acquired Pastos Grandes project, both of which are located in the Pastos Grandes basin in SaltaRead More
The group stopped a train operated by FCAB on Saturday near Lata to the southeast of Antofagasta and stole copper cathodes using trucks equipped with cranes.Read More
(IDEX Online) - Jeweler Stephanie Gottlieb has created a one-off popcorn-shaped diamond engagement ring. The 3.66-carat VVS-clarity natural stone was specially cut from an 11-carat rough diamond and set in simple yellow gold "bathtub bezel".It is designed to intensify the hue of the stone, which has been graded as Y-Z - near to fancy yellow on the official GIA color scale."The idea was...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmg A former broker explained how at one time major European trading houses weren't averse to quietly withdrawing copper from LME warehouses only t...Read More
(IDEX Online) - Diamond tech firm Sarine has filed a series of lawsuits in and around Surat for alleged piracy of its mapping software.Raids were carried out at eight locations in India's cutting and polishing capital last Wednesday (18 May) after a court granted the company ex-parte orders.Sarine was unable to provide details, but said: "It is believed that the court commissioners were able...Read More
AISC costs were already driven higher in the first quarter of this year by a combination of factors, including higher energy, labour, and equipment costs in a higher inflationaryRead More
Shares of Filo Mining (TSX: FIL) reached an all-time high as the company reported its best hole yet in terms of copper-equivalent and intercept length, drilled at its Filo del Sol project, which straddles the Argentina-Chile border. Highlights from the latest drill results from its ongoing program included drill hole FSDH055C from the Breccia 41 zone, which cut 1,337.5 metres grading 0.66% coppe...Read More
Mining and commodities trader Glencore (LSE: GLEN) has settled probes into bribery and market manipulation in the U.K. and U.S. that have hung over the company for years.The company, which in February announced it had set aside US$1.5 billion cover the costs of settlements in the U.S., U.K. and Brazil, confirmed on Tuesday it would appear in court in the U.S. today in connection with "proposed re...Read More
This week's episode features geopolitical and natural resource commentator 'Paul' from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses global energy supplies and the vulnerability of European nations in the context of the Russia-Ukraine war, as well as precious metals, rare earths, and what will likely be an increasing competition for resources between the West and the...Read More
BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz's empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, and international tribunal has ruled.The World Bank's International Centre for the Settlement of Investment Disputes (ICSID) "forcefully" rejected the mining company's claims against Guinea for billions of euros for having been str...Read More
The company just reported an intercept of 1,337.5m grading 1.33% copper equivalent in which the drill bottomed out at about 1,500m depth in good mineralisation."The big takeaway for me from this particular hole was how strong the mineralisation remained right to the bottom of the hole," said Beck. "We drilled this to almost to 1.5km deep and the last 20m of this hole were still in 0.93% copper equ...Read More
It's a shame that the Biden administration would place ideology over the well-being of the American people, but that appears to be the case right now. Today I'll explain why.No one needs to be told about the impact of higher prices for food, gasoline and other essentials. The price hikes are everywhere; there's really no way to avoid them. This is not limited to luxury goods or resorts. The price...Read More
Times like these, eh? We're all living through them, but they're hard to talk about in a meaningful way.It's easy to use reductive sayings. Anyone commenting on the markets tends to fall back on these pithy aphorisms even though they don't actually offer much guidance."Buy the dip" some say. "Blood in the streets" certainly applies too.Sometimes they're a bit more subjective. It's common to hear t...Read More
The firm is focused on funding the development of its Cariboo gold project in central British Columbia, Canada and a feasibility study on track for completion in the first half of this year.Read More
Look beyond market approach to project valuations: van ZylLeadershipKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzThe firm is focused on funding the development of its Cariboo gold project in central British Columbia, Canada and a feasibility study on track for compl...Read More
Kinross Gold and IAMGOLD were the companies feeling cost pressures the most with AISC up 27.7% and 20.Read More
Copper mine supply in the US is expected to reach 1.52 million tonnes this year, higher than 1.465 million tonnes last year but still short of expected national demand of 2.Read More