Defense Metals (TSXV: DEFN; OTC: DFMTF) has received results for the final five holes totalling 1,079 metres from the 29-hole (5,349 metres) diamond drill program completed during fall 2021 at its Wicheeda rare earth element (REE) deposit located near Prince George, B.C. These drill holes (WI21-57 through WI21-61) were collared from the two sites within the eastern area of the project.Resource def...Read More
Drill results from Fosterville South Exploration's (TSXV: FSX; US-OTC: FSXLF) initial 10-hole drill program at the Thompson Reef and the Prince of Wales Reef within the Reedy Creek target of its Providence project in Victoria state, Australia, have returned "strong gold grades," at shallow depths. Highlights from the drill results included 2 metres grading 174.42 grams gold per tonne starting f...Read More
Nearly all crucial battery metals will witness supply deficits in the next decade as mining projects struggle to come online, Benchmark Mineral Intelligence analysts have said. The research group that specializes in the electric vehicle supply chain believes that the world is already witnessing the "great raw material disconnect" impact the end user. "Lithium-ion battery cell prices are set...Read More
South Africa's Petra Diamonds (LSE: PDL) is exploring options to offload its loss-making Koffiefontein diamond mine in the home country, which is scheduled to reach the end of its life in 2025.The company's preference is to sell Koffiefontein, which had a gross resource base of 5.3 million carats as of June 30, 2021. These resources included 1.1 million carats in the indicated resource category ac...Read More
Several of the world's largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on a certification scheme accused of helping "launder" irresponsibly mined metals.According to the latest report of Global Witness, an international non-profit that challenges power abuses, several firms that use the Int...Read More
In the 1970s, Nestl?(C) (SWX: NESN) was accused of causing the deaths of hundreds of thousands of infants in third-world countries by proliferating the use of its baby formula products at the expense of natural breastfeeding.The report that sparked an international boycott of Nestl?(C) was titled "The Baby Killer."1974 report "The Baby Killer" and poster by Rachael RomeroThe boycott against Nestl?...Read More
There are days when you just want to shout: Thank goodness for the market!It seems like one of the few institutions remaining that actually tells the truth in a world of lies. It checks governments, ideologues, central banks, preening elites and delusional intellectuals and finally tells the world what is true.The message is not always obvious and clear but the trajectory is. It's about all we hav...Read More
The world's addiction to coal, a fuel many thought would soon be on the way out, is now stronger than ever.Read full newsRead More
Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) has been granted an option to earn up to a 75% interest in Golden Rim Resources Ltd.'s [GMR-ASX] 100%-owned Loreto Copper Project in northern Chile.The Canadian mining giant can exercise the option by making US$600,000 in staged cash payments to Australia Stock Exchange-listed Golden Rim and spending US$17...Read More
The estimate reflects results of an additional 58,837m of drilling up to the end of July 2021, an increased gold price of $1,650/oz for reserves and $1,900/oz for resources, and an exchange rate of 5Read More
The company reported a highlight of 876m grading 0.74% copper equivalent in hole 73 which also included intervals of 696m grading 0.80% and 210m grading 1.06% copper equivalent.Read More
Shanta's first quarter production was 11,408 ounces of gold, down by 2.2% year on year.Read More
Foremost Lithium Resource & Technology (previously Far Resources) has completed a ten hole 1,509 meter drill program at its Zoro lithium project in Manitoba, Canada.Read More
The equity distribution agreement is with Canaccord Genuity, Sprott Capital Partners LP, BMO Capital Markets and Haywood Securities. Shares in the firm fell 7.2% or C$0.07 to C$0.90.Read More
(IDEX Online) - Britain has imposed a 35 per cent tariff on loose diamonds imported from Russia.It's part of a $1.3bn package of new and increased tariffs on luxury goods aimed at further isolating the country over its invasion of Ukraine.The move comes a month after the British government named Alrosa as one of 65 Russian businesses and individuals being sanctioned in a move to "to cut off v...Read More
(IDEX Online) - A delegation from Alrosa reportedly visited Indian manufacturers last week to see if they could find a way round banking restrictions.The miner, part-owned by the Russian government, was excluded from the SWIFT financial messaging service after the war in Ukraine began in February.India, the world's biggest diamond polisher, relies heavily on Russian gems.Alrosa discussed opti...Read More
(IDEX Online) - More than 400 items from the Tiffany & Co archive are to be displayed at the iconic Saatchi Gallery, in London.Vision & Virtuosity celebrates the the jeweler's 150th anniversary in the capital.Highlights of the exhibition, which opens in June, include Tiffany's famed window displays, the original script from Breakfast at Tiffany's, the newly-acquired the 80-c...Read More
Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Both companies have been viewed as among the most recalcitrant on matters linked to combatting climate change.Read More
The short-term outlook, according to the bank, is for the copper market to remain tight thanks to a number of "supply challenges".Read More
The deal sees Teck subsidiary Teck Chile granted options to earn up to a 75% interest in Loreto by making US$0.Read More