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 The firm's diesel price had increased 52% over the period. Other key supplies were also fanning costs higher, it sai...Read More
(IDEX Online) - The largest blue diamond ever to be auctioned today sold for just under $57.5m at Sotheby's Hong Kong - way above its $48m estimate, but just short of the Oppenheimer Blue's $58m record.The Type IIb 15.1-carat, IF fancy vivid step cut Cullinan Blue (pictured) went to an unnamed buyer.The hammer price was HK$390m, plus HK$60.9m in auction premiums, totaling HK$450.9m...Read More
(IDEX Online) - A collection of over 200 pieces of jewelry owned by George Schultz - former US secretary of state - and his philanthropist wife Charlotte are to be auctioned at Bonham's New York.Seventy of the items in Style and Substance: The Collection of George and Charlotte Shultz are by Tiffany & Co.Among the highlights are the Hedges and Rows platinum and gold necklace (pictured, de...Read More
(IDEX Online) - Petra Diamonds is seeking a buyer for its loss-making Koffiefontein mine, in South Africa.The UK-based miner says otherwise it will close the underground deposit, in Free State province, when it reaches the end of its life in 2025."The focus of this disposal process will be to identify a technically and financially suitable buyer that could potentially unlock further value from Kof...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 Commodity price risk, which dropped to second, has previously always topped the survey during its 12-year history.Co...Read More
Total copper production guidance for the year now stands at 790,000-855,000 tonnes, which is down from 810,000-880,000 tonnes.The revision followed first quarter production falling 10% from Q4 2021 to 182,210 tonnes."Different factors at each of the main operating mines contributed, to varying degrees, to a reduction in grade from Q4 2021 levels," First Quantum said."Grades are expected to return...Read More
When Rio Tinto's Diavik diamond mine closes in 2025, it's going to put a major dent in the finances of the Northwest Territories. The mine, now 100% owned by Rio Tinto after it acquired Dominion Diamond's 40% share last year, following Dominion's filing for insolvency protection in 2020, was Canada's second diamond mine, with production starting in 2003. Now, it is the first of the Northwest Terr...Read More
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