Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDBig River's undeveloped Borborema project has 2.43 million ounces in resources, meaning the transaction equates to about $38/oz.The 36c per shar...Read More

Gold production at the Sukari mine was down 11% year on year in the first quarter, at 93,109 ounces. Revenue was down 8% to US$174.Read More

Petropavlovsk has been asked to immediately repay a US$201.0 million loan by Gazprombank, with another US$$87.1 million demanded by April 26.Read More

(IDEX Online) - De Beers today signed diamond-mining agreements with the government of Angola, signaling its return to the country after more than two decades. Both sides appear to be patching up a "difficult" relationship, after Angola halted all diamond contracts in 2000 and granted a monopoly to Sodiam, the newly-created, state-run company.De Beers went on to file arbitration proceedi...Read More

(IDEX Online) - The Kimberley Process faces criticism for failing to act on Russian diamonds, in a hard-hitting report by a Belgium-based independent research institute."Following several failed reform attempts, the Kimberley Process still looks at conflict through a 20-year-old lens," says Hans Merket, (pictured) researcher for the International Peace Information Service (IPIS) in a report entitl...Read More

(IDEX Online) - Australia's diamond industry is to be revived with the launch of Burgundy branded gems, with price tags of up to US$7.5m.It hasn't produced diamonds since the closure of the iconic Argyle mine, in November 2020, but Ellendale, famous for its yellow gems, is due to resume operations by the end of the year.Perth-based Burgundy, which now owns the deposit, will mine, polish...Read More

(IDEX Online) - A New York jeweler has been charged with laundering money for violent gang members.Stanislav "Steve" Yakubov, allegedly acted as a fence for armed attackers who stole watches and jewelry worth $2m in a series of assaults on jewelers near their homes in New York and New Jersey.He was arrested last month and has since been indicted in Manhattan Federal Court on allegations that he bo...Read More

The Q1 production fell 38% year-on-year to 15.9Mlb CuEq, which Sierra blamed mainly on a 50% decrease in throughput at Bolivar mine in Mexico, in conjunction with lower-grade ore. "An improvement is expected on a quarterly basis, in particular during the second half of the year, due to the full turn-around effort currently underway," Sierra's CEO Luis Marchese said. He said that the turn...Read More

Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDVale's iron ore production stood at 63.93 million tonnes in Q1, having dropped 6% year-on-year and 23% quarter-on-quarter. Pellet productio...Read More

Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDShipments were 71.5 million tonnes, well below consensus estimates of 76.6Mt and missing RBC Capital Market's more conservative forecast of 73.1...Read More

The value of global magnet rare earth oxide consumption will triple by 2035, from US$15.1 billion to US$46.2 billion, according to a new report published by Adamas Intelligence, an independent research group. It also predicts the lack of new primary and secondary supply sources for rare earth oxides in the market from 2022 onwards, coupled with the inability of existing producers to increase thei...Read More

Fortune Minerals (TSX: FT; OTC: FTMDF) has released results from 2021 drilling on its wholly-owned NICO cobalt-gold-bismuth-copper property, including the confirmation of a new mineralized zone.The NICO project consists of a proposed open-pit and underground mine, mill, and concentrator in the Northwest Territories, and a planned hydrometallurgical refinery in Alberta's Industrial Heartland northe...Read More

SolGold (LSE: SOLG; TSX: SOLG) published on Wednesday a long-awaited prefeasibility study (PFS) for its Cascabel project in Ecuador, which states the asset has the potential to become one of the 20 largest copper-gold mines in South America.The miner, which owns 85% of Cascabel, estimated the project's EBITDA, or earnings before interest, taxes, depreciation, and amortization, at US$1.2 billion o...Read More

When Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) reported recent results from its 2022 Phase 1 exploration program, it confirmed the potential to expand the existing gold resources at its flagship, 100%-owned Wawa Gold Project in the Michipicoten Greenstone Belt of Ontario.Initial drilling and exploration at the Wawa Gold Project led to a discoveries of significant new gold mineralization at t...Read More

De Beers, the world's largest diamond miner by market capitalization, has inked two mineral investment deals with the Angolan government granting the company exploration rights for 35 years in the country's northeast.Each concession area will be held by a separate new joint venture between De Beers Group and Endiama, Angola's state-owned diamond company, the parties said.De Beers, a unit of Anglo...Read More

An international team of researchers from the U.S., Canada and South Africa found higher levels of silica dust in the lung tissue of present-day coal miners working in central Appalachia compared to the lung tissue of previous generations of coal miners.In a paper published in the Annals of the American Thoracic Society, scientists explain that though silica is safe in rock formations, breathing i...Read More

Why do we hate mailmen so much? What have America's mail carriers done to deserve such disrespect?We've mandated these folks deliver mail to us six days a week. And we expect them to do it despite any and all weather conditions.Mail carriers have to make anywhere from 200 to 800 delivery stops a day. Each delivers thousands of letters, packages, and mailers every single day. And if a single postca...Read More

How long will today's inflation last? Deficits are the obvious place to begin with. The best way to consider debt is the debt-to-GDP ratio; you put the debt in the context of the gross income needed to service the debt.The best estimate for annual U.S. GDP as of Dec. 31, 2021, is $24 trillion. The result is a U.S. debt-to-GDP ratio of 125% ($30T ?? $24T = 1.25). Another estimate puts the ratio at...Read More

Aben Resources Ltd. (TSX-V: ABN ) (OTCQB: ABNAF ) (Frankfurt: E2L2 ) (Read full newsRead More

Share this articleVANCOUVER - Element 29 Resources Inc. [ECU-TSXV; EMTRF-OTC] reported results from its two initial drill holes of the 4,000-metre, 11-hole drill program at the 100%-owned Flor de Cobre Copper Project in southern Peru.Steve Stakiw, President and CEO, commented, "We are very encouraged by how similar the results of these first two drill holes are to the copper grades in the historic...Read More