(IDEX Online) - Petra's rough sales tally was down by almost 40 per cent at its latest tender. In March the UK-based miner sold 735,222 carats for $140.6m. In April it sold 635,806 carats for $86.1m, down by 38.8 per cent.Like-for-like rough diamond prices decreased by almost a quarter (23.7 per cent). Like-for-like prices at its March tender were up 37.6 per cent on December 2021.Per-ca...Read More

(IDEX Online) - Christie's New York is to auction a 103.49-ct diamond with a high estimate of $18m.The Light of Africa Diamond is a D color, flawless, Type IIa emerald-cut from the iconic Cullinan mine, in South Africa.It will lead the New York Magnificent Jewels sale on 8 June, as part of Christie's Luxury Week.The diamond (pictured) was cut and polished in South Africa from a 299.3 car...Read More

(IDEX Online) - Jewelry and watch sales in the US slowed suddenly in March.  They were still growing, but at just 8.5 per cent year-on-year, compared with 28.4 per cent in February. Growth in March was the slowest we've seen since January 2020, during the very early days of the pandemic. Year-on-year growth peaked last April - up by an unprecedented 218 per cent - indicating strong...Read More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsAnglo American said it is examining the details of the decision and expects to continue following...Read More

NGM holds three tier-one gold mines (Turquoise Ridge, Carlin and Cortez) within ten underground and 12 open pit mines, two autoclave facilities, two roasting facilities, four oxide mills, a flotationRead More

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsA countrywide shortage of labour, skilled and unskilled, had a significant effect on mine producti...Read More

Artemis Gold (TSXV: ARTG) has moved closer to the start of construction at its Blackwater gold project in British Columbia with the award of a $312-million, engineering, procurement, construction and commissioning (EPC) contract for the processing plant and associated infrastructure to Sedgman Canada. The contract is expected to be executed by June 30, this year. Construction of the plant, whi...Read More

This week's episode features Global X director of research Rohan Reddy in conversation with host Adrian Pocobelli on mining stocks, market sentiment, the dollar and precious metals. Reddy suggests that mining stock valuations are suffering because of jurisdicitional risk and he expects the rally in uranium to maintain itself based on low supplies.All this and more with host Adrian Pocobelli.Music...Read More

The Mining Association of Canada's (MAC) Community of Interest Advisory Panel has selected the Gahcho Ku?(C) mine, owned as a joint venture between De Beers Group and Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVDF), and Copper Mountain Mining (TSX: CMMC) to receive this year's prestigious Towards Sustainable Mining (TSM) Excellence Awards in recognition of their innovative sustainability p...Read More

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has said that the Phase 3 expansion at its Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC) will increase its annual copper production to about 600,000 tonnes by the fourth quarter of 2024, making it the world's third-largest copper mining complex. Commercial production at the operation began on July 1, 2021, with Phase 2 produc...Read More

South Africa's Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater's (JSE: SSW; NYSE: SBSW) local gold mines.Amcu general secretary, Jeff Mphahlele, tells The Northern Miner the union and the rival National Union of Mineworkers (NUM) met with Sibanye-Stillwater on May 2 for another round of...Read More

The Mining Legends Speaker Series kicked off with an inaugural in-person event in Vancouver featuring mining entrepreneur and Canadian Mining Hall of Fame inductee Ross Beaty and rising talent Maggie Layman, vice-president of Osisko Development (TSXV: ODV). Organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals, the series pairs CMHF inductees with accom...Read More

Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book, Currency Wars (2011), and in several other books in the years since.This process can take many years. For example, the decline of sterling as the leading global reserve currency played out over 30 years from 1914 (the beginn...Read More

Dynasties consistently fell in China, India, and Africa over eons.The French Revolution kicked off and Europe didn't stop burning until Napoleon was exiled the second time, arguably longer.Waves of immigrants have fled to the USA across centuries, especially from Ireland.The Arab Spring took root and toppled regimes, leading to waves of terrorism and the short-lived ISIS "caliphate."These are but...Read More

Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR, TSXV:SWA) is pleased to announce that the Company's securities have commenced trading on the Australian Securities Exchange ("ASX") under the ASX code SRR following a strongly supported public offering which saw A$8M raised predominantly fr...Read full newsRead More

Alianza Minerals (TSXV: ANZ) announces that partner Allied Copper Corp. has completed an airborne magnetics survey at the Klondike Property.Read full newsRead More

Share this article VANCOUVER - Capitan Mining Inc. [CAPT-TSXV; CAPTF-OTC] reported continued exploration results from five reverse circulation drill holes at the Jesus Maria silver zone, at the 100%-owned Cruz de Plata project (formerly referred to as Penoles), Durango, Mexico.Highlights include Hole 21-JMRC-10 (Upper Zone) that returned 16.8 metres of 332 g/t AgEq (silver equivalent) beginning a...Read More

(IDEX Online) - Fugitive diamantaire Mehul Choksi is facing new criminal charges in India, over an alleged $3m fraud.He is accused, jointly with others, of defrauding the government-controlled Industrial Finance Corporation of India Ltd (IFCI) between 2014 and 2018.Choksi (pictured), 62, already face charges, together with his nephew Nirav Modi, over the $1.8bn Punjab National Bank (PNB) fraud.He...Read More

(IDEX Online) - Brilliant Earth has ditched a promotional offer for "free diamond earrings" following a challenge from rival Blue Nile.It voluntarily pulled ads after complaints that the diamonds were lab-grown rather than mined, and the "free" offer was only available for a very limited time.Brilliant Earth, the US-based "ethical jeweler", had used the phrases "Free Diamond Earrings" and "One Day...Read More

(IDEX Online) - The IDEX Polished Price Index declined steadily throughout April, falling by over 2.1 per cent by the month end. It continued a trend set during all but the first few days of March. Before that the Index had enjoyed months of sharp increases - 5.67 per cent in January and 4.14 per cent in February. IDEX Online subscribers please click here to read the full report. Read More