(IDEX Online) - Trans Atlantic Gem Sales (TAGS) said more than 40 per cent of goods remained unsold at its latest tender.It blamed growing concerns over inflation in the US, Russian sanctions, and increased and Covid restrictions in China.The auction house, based in Dubai and Cape Town, said it sold just under $20m of rough from the $35m offered. In March, by contrast, it sold a company record of...Read More

(IDEX Online) - Cartier says it will increase prices to cover the higher costs of diamonds, platinum and gold, and to offset rises in US and Chinese currencies against the euro.The rises on high-end luxury goods are described as "mild" - between three and five per cent - are not expected to deter wealthy buyers.Sales for the French luxury conglomerate - part of the Richemont group - have been robu...Read More

Early works at Boa Esperança are due to kick off in the coming weeks with the upgrade of the access road, site drainage and pre-stripping, with the US$294 million undertaking being just one ofRead More

We all sense the global order has cracked. The existing order is breaking down on multiple fronts.Those who have benefited from this arrangement are doing everything in their power to patch the cracks, while those who chafed under the old order’s chains seek a new order that suits their interests.The task now is to make sense of this complex inflection point in history. Two statements summar...Read More

Does anyone else find it deeply ironic that the guy who invented Facebook doesn't seem to have any friends?Mark Zuckerberg is routinely lampooned as an egotistical, self-centered, and somewhat lifeless soul.He's even admitted as much himself."Historically, I've had a very hard time expressing myself," Zuckerberg once acknowledged in an interview with NBC Nightly News. "I just come across as roboti...Read More

Share this article VANCOUVER - Vizsla Silver Corp. [VZSLA-TSXV; VIZSF-OTCQB; 0G3-FSE] reported results from 19 new drill holes targeting the Animas vein corridor at its 100%-owned flagship Panuco silver-gold project located near Mazatlan, Sinaloa, Mexico.The results are centered on two zones, the Rosarito Zone, which was included in the March 2022 maiden resource estimate, and the Cuevillas Zone,...Read More

The company said 62% of the measured and indicated resource is above a 1g/t cut-off and 40% above 2.2g/t. The update increases measured and indicated resources by 9% to 2.Read More

These resources will be used in an updated KSM pre-feasibility study (PFS) expected in June which will incorporate East Mitchell into KSM's mine plans for the first time.Read More

Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSORED  Stationary electricity storage batteries using zinc in their chemistry have been around for decades but never taken off like the...Read More

Emerging developer OreCorp is building momentum as it focuses on delivering first gold in 2024 at its high-grade, 3.1 million ounce Nyanzaga gold project in Tanzania.It's set to be the country's first large-scale gold mine in more than a decade and the first built under the new regulatory regime led by Her Excellency, President Samia Suluhu Hassan, who took on the top job following John Magufuli's...Read More

Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDGenesis Minerals directors draped their new business strategy, launched last week, in a "unique executive remuneration structure".Read More

(IDEX Online) - A US jewelry retailer is facing legal action from three "whistleblowers" who allege they were fired for exposing a foreign gray market conspiracy involving Rolex watches.CD Peacock, which operates three stores in the Chicago area, says it will vigorously defend the action, and says in a statement that the "former disgruntled employees ???,? ? were terminated for cause".A similar ca...Read More

(IDEX Online) - The World Diamond Council (WDC) says it has terminated Alrosa's membership.The move follows Russia's invasion of Ukraine, although the WDC made no mention of the war in a brief statement posted on its website.It said: "The termination of membership includes the cessation of any rights and benefits afforded to the WDC members, such as a seat on the Board of Directors, and...Read More

(IDEX Online) - De Beers reported rough sales of $565m from its third sight of 2022 - up 26 per cent year-on-year.It was the first full sales cycle since Russia invaded Ukraine, prompting the US and EU to impose sanctions on the miner Alrosa, part-owned by the Russian government and De Beers' biggest rival.Sales at De Beers' second sight, which concluded at the end of February, were $652...Read More

"The start of 2022 has been one of the most challenging periods experienced by the Company since the re-start of Proyecto Riotinto," Atalaya's CEO Alberto Lavandeira said. Atalaya declared commercial production at the operation in February 2016. "The extremely high electricity price, due to the record natural gas price in Europe, has also created inflationary pressures that have only bee...Read More

"Every good tree bringeth forth good fruit," says Matthew - "but a corrupt tree bringeth forth evil fruit."Today we lower our ax upon the root of America's corrupt money tree... and expose its evil fruit... the fiat dollar.You may be aware of the corruption. If you are a regular reader you are likely aware of the corruption.Yet a man must occasionally recall himself to obvious truths. The nose upo...Read More

Despite higher commodity prices, base metal miners are likely to take an earnings hit in the first quarter of the year, as volatile price actions continue in the wake of recent geo-political events, says CIBC Capital Markets.In a research note to clients, CIBC mining analyst Bryce Adams said that economic sanctions on Russia, owing to that country's invasion of Ukraine, are the main driver of thes...Read More

Following short on the release of a resource update that tops 3 million oz. gold across all categories on the flagship Douay project in Quebec, explorer Maple Gold Mines (TSXV: MGM; US-OTCQB) believes it is reaching critical mass as it looks to drill test other underexplored zones, president and CEO Matthew Hornor says (watch the attached video interview).The Douay project in the Abitibi Gold Belt...Read More

The First Nations of Marten Falls and Webequie have submitted the terms of reference for the proposed Northern Road Link, a piece of infrastructure that Ontario describes as the "final piece" needed to build an all-season road into the Ring of Fire. The road would link two other roads that are being advanced separately by each community - the Marten Falls access road and the Webequie supply road...Read More

Seabridge Gold (TSX: SEA; NYSE: SA) has updated the mineral resource for its Mitchell and East Mitchell deposits, incorporating results of drilling completed in 2021. The resource estimates will be used in a new preliminary feasibility study (PFS) on the KSM project, expected in June 2022, which will for the first time incorporate the East Mitchell deposit into KSM's mine plans.The Mitchell and Ea...Read More