IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryRio already owns 51% of Turquoise Hill, the owner of 66% of the Oyu Tolgoi copper-gold mine in Mongolia.The company made a $2.7 billion,...Read More
Anglo American sees a shortfall of an annual 18 million tonnes between refined copper demand and committed mine copper supply and copper scrap in smelting by 2040.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoverySince the end of March, the S&P 500 share price index has fallen 13.Read More
(IDEX Online) - Alrosa's sales of high-value diamonds to wealthy investors in Russia have increased significantly since sanctions and hard currency restrictions were imposed.The miner, part-owned by the government, launched its Diamond Exclusive program, in partnership with private banks, three years ago.Instead of selling its largest and clearest fancy color stones and colorless gems over 3-...Read More
(IDEX Online) - Investigators in India probing an alleged $20m diamond scam are seeking help from authorities in Hong Kong.The Central Bureau of Investigation (CBI) has sent judicial requests for assistance after diamonds were allegedly imported with vastly-inflated fake invoices as part of a money laundering racket.Three customs officers at Mumbai International Airport and another 14 individuals...Read More
(IDEX Online) - Mountain Province Diamond (MPD) says it has found kimberlite in three out of four locations during a winter exploration program at its Kennady North project in Northwest Territories, Canada, on the edge of the Arctic Circle.It has released interim results on its search for new kimberlites, based on a detailed analysis of ground and airborne geophysics, kimberlite indicator minerals...Read More
"We appreciate having quickly attained Stage 1 agreement with Rio Tinto's Nuton team and look forward to further advancing the MacArthur and Yerington projects," Lion's CEO Travis Naugle said.Rio is to provide US$3.75 million in funding to Lion for the Mason Valley project development and exploration. Rio has the option to earn a 65% interest in the assets.The deal was made following Rio's Nuton l...Read More
Aftermath Silver (TSXV: AAG) has reported several drill holes intersecting shallow mineralization at the Berenguela silver-copper-manganese project in Peru's Department of Puno. Highlights from the 14 drill results included 5.2 metres grading 70 grams silver per tonne, 5.03% copper, 13.9% manganese and 0.19% zinc starting from 58.9 metres in drill hole AFD-010 and 9.4 metres grading 424 grams si...Read More
In the U.K., despite horrendous inflation and gloomy economic forecasts, we are preparing to party. To mark the beginning of a four-day Platinum Jubilee celebration, thousands of beacons are being lit across the land at 9:45 pm on Thursday, June 2. Queen Elizabeth II actually reached her 70 years on the throne back in February (as I wrote at the time) but, ever pragmatic, we delayed the celebratio...Read More
Max Resource (TSXV: MAX; OTC: MXROF) has raised $15.3 million through a private placement of 25.5 million units at a price of 60 ? per unit to advance its flagship Cesar copper-silver project in Colombia.Each unit comprises one common share and one common share purchase warrant, with each warrant exercisable for one year at a price of 85 ?. Net proceeds of the financing will be used for drilling a...Read More
South African miner Gold Fields (NYSE: GFI; JSE: GFI), already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile, is now facing potential sanctions from the country's environmental regulator due to the death of specimens of culpeo fox in the area.The Superintendency of the Environment (SMA) has ordered the company to imple...Read More
In May 1997, the editorial staff of The Northern Miner broke one of its own rules and bought an equity position in Bre-X Minerals. Journalists normally aren't allowed to buy shares in companies they cover, but this paper spent $60 about 25 years ago to secure share certificates that could be framed. This, so that the newsroom never forgets the Busang scandal and Graham Farquharson's role in une...Read More
In May 1997, the editorial staff of The Northern Miner broke one of its own rules and bought an equity position in Bre-X Minerals. Journalists normally aren't allowed to buy shares in companies they cover, but this paper spent $60 at the time to secure share certificates that could be framed. This, so that the newsroom never forget the Busang scandal and Graham Farquharson's role in unearthing...Read More
About 87 years ago, give or take, one of the most successful advertising campaigns in history started.One that both captured and redefined the American zeitgeist - commercial, corporate, and consumer.Here's a classic example...The "Better Living Through Chemistry" slogan lasted until 1982, which speaks to its enduring promise. DuPont was changing life as we knew it, for the better.That made a ton...Read More
"A man with money meets a man with experience," begins an old Wall Street chestnut, concluding that:"The man with the experience leaves with the money, while the man with money leaves with experience."We hazard that many moneyed men - flush with stock market winnings and faith in the Federal Reserve's backstopping - have met experienced men recently.The experienced men are presently walking away w...Read More
The penny finally appears to have dropped. Legislation proposed at the end of March in the US will see Joe Biden's government fast track supplies of critical minerals, while European nations are at last waking up to the impending shortage of metals integral to the energy transition.But those with only a cursory knowledge of mining appreciate these things take time. Bringing a mine online takes an...Read More
With hype around battery metals exploration at an all-time high, Toronto-listed junior Orford Mining could be set to fly as it progresses a nickel exploration project in Canada - with a little help from Andrew ‘Twiggy' Forrest.The project in question is West Raglan, an advanced stage nickel-copper-PGE exploration asset 90km down the road from Glencore's Raglan nickel mine, one of the lowest-...Read More
Toronto-headquartered exploration company, Arizona Metals Corp (TSX.V:AMC, OTCQX:AZMCF), has received permit approval from the US Bureau of Land Management (BLM) for a seventh drill pad, located west of its promising precious and base metals Kay deposit, located in Yavapai, about a one hour drive from Phoenix, Arizona.This new pad, situated approximately 200m west of the Kay deposit, will allow fo...Read More
Azure Minerals managing director Tony Rovira outlines the district potential and provides an update on the "mine in the making" at the flagship Andover nickel-copper-cobalt project in Western Australia, where a two-pronged approach to development is underway.Read More
Drill hole 22TK0380 set a new record at the Tamarack project, with 23.44 meters of massive sulphide nickel and copper mineralization, the firm said.Read More