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 WASPONSOREDbmgThe S&P/TSX Global Mining Index is, at time of writing, down by 18% over the past month, albeit from the 14-year highs in April.Read More

(IDEX Online) - A rare Cartier art deco emerald and diamond bracelet is expected to fetch up to $1.25m when it is auctioned tomorrow at Bonhams New York.It was made in 1926 and belonged to the American heiress Helene Irwin Crocker Fagan (1887-1966), whose father William G. Irwin made his fortune from the sugar plantations of Hawaii.The bracelet (pictured) was designed as a graduated row of seven r...Read More

(IDEX Online) - High-value Type IIa diamonds have been found during explorations in Canada.Vancouver-based Arctic Star says analysis of a small sample - 12 stones over 0.3mm diameter - showed half were Type IIa.Only two per cent of diamonds globally are Type IIa - the most chemically pure, with no measurable nitrogen or boron impurities. Arctic Star drilled the Sequoia Kimberlite, on the Diag...Read More

(IDEX Online) - De Beers is heading for a bigger market share and an increase of almost 10 per cent in earnings this year, says Morgan Stanley, as sanctions continue to hit rival Russian exports.The UK-based miner is expected to earn $1.2bn before interest, tax, depreciation and amortization (EBITDA), according to the investment management and financial services company. Last year's figu...Read More

(IDEX Online) - Richemont has lost $177m from its withdrawal from Russia.But the Swiss-based company, that counts Cartier, Van Cleef & Arpels, Jaeger-leCoultre and Piaget among its 26 maisons, still saw operating profits more than double for the year to 31 March 2022.It said suspending its commercial activities in Russia accounted for less than two per cent of total sales.Richemont's jewe...Read More

The company noted that the most significant infrastructure being constructed is the filtered tailings facility—which is the first of its kind in Ecuador.Read More

Dear Outsider,Baltimore's Pimlico Race Course hosted the 147th Preakness Stakes this past Saturday. Last year's races were limited to just 10,000 attendees due to COVID-19 restrictions, so it was good to see a semblance of normalcy return to the racetrack.If you've never been to Pimlico, it's worth seeing before it's completely rebuilt, which is slated to happen after next year's Preakness. The Ma...Read More

Coal is a commodity that garners scant public support at the moment, and with dwindling funding so exploration for the crucial ingredient of steel production has declined in recent years. Steel remains in high demand, however, and the pipeline of premium metallurgical (coking) coal deposits to service this sector has almost disappeared. No-where is this looming shortfall in the delivery of coking...Read More

(IDEX Online) - About 250,000 diamond workers in Surat have been put on two weeks' unpaid leave as rough supplies are squeezed by sanctions and banking restrictions against Alrosa.The Russian miner normally accounts for around 40 per cent (by volume) of the diamonds that are cut and polished in the Indian hub."The units have been reducing working hours from 12 to eight and had given two days...Read More

(IDEX Online) - India could hugely increase its lab grown diamond production to support a "stronger and more self-reliant domestic cutting and polishing industry," says the GJEPC.It currently produces around 1.5m carats, a distant second place to China's 3m carats (Bain/AWDC figures for 2021).But Colin Shah (pictured), chairman of the Gems and Jewellery Export Council, says the lab grown indu...Read More

(IDEX Online) - Fugitive diamantaire Mehul Choksi is no longer facing charges over his "illegal entry" to the Caribbean island of Dominica almost a year ago.He is still wanted by authorities in his native India over the alleged $1.8bn Punjab National Bank (PNB) fraud.Choksi, (pictured), 62, left India in January 2018, days before the alleged fraud came to light, and relocated to Antigua and Barbud...Read More

A 30 second 4K television commercial airing nationally on BNN Bloomberg. Visit us at http://greenshoemedia.com for additional content and information.Read full newsRead 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 WASPONSOREDbmgThe bridge loan is expected to be followed by the completion of a rights offering of at least a further US$4 million within 150 days.  NorZinc s...Read More

Shares in the firm gained 4.3% or C$0.01 to C$0.24, giving the firm a market capitalisation of C$51 million.Read More

From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More

All of the proceeds will be used to pay down the firm's existing credit facility and to fund capital expenditures at the Red Chris mine, the firm said.Read More

When mining in Colombia, Ecuador, and Peru, implementing corporate social responsibility (CSR) programs is simply not enough to guarantee success. Instead, mineral explorers and developers often see substantial projects halted in their tracks by staunch community-level opposition, even when projects had passed regulatory muster, says mining sector researcher, analyst and reporter Paul Harris, in...Read More

Shares of NioCorp Developments (TSX: NB) rose 50% this morning as the company's updated feasibility study for its Elk Creek niobium, titanium and scandium project in Nebraska reported the presence of about 632,900 tonnes of rare earth oxides (REO), which the firm said is the second largest indicated rare earth resource in the U.S. The rare earth resource totals 188.8 million tonnes grading 0....Read More

Colombia, Ecuador, and Peru offer miners a blend of established mining jurisdictions and areas of potentially highly-prospective and unexplored terrain. Here are eight miners active within and across the three countries to watch.CANDENTE COPPERCandente Copper's Canariaco Norte porphyry copper project 700 km northwest of Lima, Peru. Photo by Candente Copper.Vancouver-headquartered Candente Copper (...Read More

Horizonte Minerals (TSX: HZM; AIM: HZM) has kicked off construction of its Araguaia nickel mine in northern Brazil, which is set to produce 29,000 tonnes of the battery metal a year mostly destined to supply the stainless steel market. The fully funded project, which will take about two years to build, will initially generate 14,500 tonnes of nickel a year.Construction includes an open pit and...Read More