Adding 15% means the capital estimate is now $920 million of which the company said it has spent $400 with the project about 50% completed.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 discoveryRegulations surrounding water access and usage are increasing and getting tougher, as well as the concept of personhood appearing on the...Read More
It should be pretty clear that a whole lot of investors want out of the market.Who can blame them? The NASDAQ is getting slaughtered, the Dow and S&P 500 are down about 12% and 15%, respectively, for the year. Meanwhile a broader view of U.S. stocks using the Russell 2000 shows a drop over 20%.It's brutal out there, and with money flowing out over the last five months, it is easy to understand why...Read More
FPX Nickel Corp: We met with the management team of what could be the giant scale nickel resource that North American factories needRead full newsRead More
Patriot (CSE:PMET) now holds the title to 100 per cent of the Corvette Property in Quebec.Read full newsRead More
Chief executive of Tesla and Space-X gives exclusive interview at Future of the Car conferenceRead full newsRead More
VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. ("Prime", or the "Company") (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt:Read full newsRead More
Artisanal and small scale mining (ASM) is often treated as something of a dirty secret in the mining industry. Artisanal miners often operate without safety procedures or formal training.Read More
Share this articleSASKATOON - Cameco Corp. [CCO-TSX, CCJ-NYSE] has struck a deal to acquire Idemitsu Canada Resources Ltd.'s 7.87% stake in the Cigar Lake uranium joint venture for $107 million. As a result, Cameco's ownership interest in the Cigar Lake mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%Orano Canada Inc.'s share will rise by 3.53 percentage points to...Read More
In preparation for the development, the company has consolidated full ownership of the project having bought the stakes in the project previously owned by Peruvian miner Buenaventura and Japan'sRead More
The former minnow has been transformed into a A$1.2 billion gold miner in the last two years, first through the US$28.Read More
"Considering the issue of social conflicts we are going to pass a decentralized investment package in mining zones," Graham said at the biennial Gold, Silver and Copper Symposium in Lima organised byRead More
Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsArtisanal and small scale mining (ASM) is often treated as something of a dirty secret in the min...Read More
(IDEX Online) - A small-time farmer in the the central Indian state of Madhya Pradesh recovered an 11.88-carat diamond, which has been valued at $65,000.Pratap Singh Yadav said he'd use proceeds from the sale of the stone to set up a business and pay for his children's education.He struck lucky while digging a small patch of land leased from the authorities in the diamond-rich Panna dist...Read More
(IDEX Online) - Overall prices of fancy color diamonds rose by 1.0 per cent in the last three months, double the increase of the previous quarter.Pinks led the price gains, up by 1.3 per cent, during Q1 2022, according to the Fancy Color Diamond Index (FCDI). Yellows were up 0.7 per cent and blues by 0.1 per cent.The New York-based Fancy Color Research Foundation (FCRF) tracks pricing data for fan...Read More
(IDEX Online) - The average spend on a diamond engagement ring in the US last year was $7,011, up 6.1 per cent on 2020, as couples opted for bigger stones, and more lab growns.The size of the center stone diamond size rose, on average, from 1.20 carats to 1.32 carats.And almost a quarter of couple are choosing a lab grown stone, according to research for BriteCo, an insurance technology company. T...Read More
"In addition to an underlying strengthening of the Brazilian Real during the first quarter, our operating costs faced the same inflationary headwinds experienced globally across all industries," Ero'sRead More
After producing 55,602 tonnes of copper in concentrate in Q1—which compares to 105,884 tonnes for the full year of 2021, Ivanhoe expects to reach the upper end of 2022 copper production guidance of 290,000-340,000 tonnes. This has been aided by the early commissioning of the phase 2 concentrator plant, it said.C1 cash costs, meanwhile, were US$1.21 per pound in the quarter which compares to...Read More
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in "uncharted territory" regarding the closure of the sale of its Russian assets. In April, the company announced that it had entered into a definitive agreement with the Highland Gold Mining group of companies to sell its Russian assets for US$680 million, weeks after Western nations announced sanctions on Russia after the country began i...Read More
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources' 7.9% interest in the asset for $187 million.Cameco, the world's third-largest uranium producer, will see its ownership in the mine rise by just over 4.5% to almost 54.5%, while Orano's will increase to slightly over 40.45%...Read More