Share this article VANCOUVER - Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] reported additional gold assays for the third drill hole (GP-21-151), and gold assays for the fourth hole (GP-21-152) and fifth to eighth holes (GP-21-154 to GP-21-156) of the 2021 diamond drilling program at its 100%-optioned Golden Promise gold property in central Newfoundland.Highlights from the recent gold assays...Read More
The company said the life-of-mine capital and operating costs are estimated to have increased by between 15% and 20% compared to the April 2021 feasibility study, in line with market trends.Read More
Josemaria hosts proven and probable mineral reserves of 6.7 billion pounds copper, 7 million ounces of gold and 30.7Moz of silver and is on track to be the next mine development in San Juan.Read More
Newmont announced in February that it will acquire the 43.65% interest held by Buenaventura for $300 million with contingent payments of up to $100 million tied to future increases in metal prices.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 opportunitySPONSOREDThe spotlight is on Britishvolt which is building a £4 billion gigafactory in the northeast of England to supply lithium-ion batte...Read More
(IDEX Online) - Jennifer Lopez is again engaged to actor Ben Affleck - and this time she has an 8.5-carat natural green cushion modified brilliant-cut diamond to prove it. Affleck, 49, first proposed in November 2002, when he presented singer-actress J.Lo, 52, with a Harry Winston 6.1-carat radiant-cut fancy intense pink diamond. They called off the engagement two years later. Fans are...Read More
(IDEX Online) - A legal case against Italian banks and diamond brokers has been delayed after a judge ruled it should take place in Trieste rather than Milan.UniCredit, Italy's second biggest bank, is among those alleged to have sold diamonds to clients for investment at vastly-inflated prices.The delayed prosecution could result in charges being dropped, as they are subject to a seven-year t...Read More
(IDEX Online) - An associate of fugitive jeweler Nirav Modi was due to appear at a court in India today, after he was reportedly deported from Egypt.Subhash Shankar Parab, 50, is accused, along with Modi, of involvement in the $1.85bn fraud against the Punjab National Bank (PNB) in 2018.Officials sources suggest he may "spill the beans" and reveal much more about the case, according to multiple me...Read More
(IDEX Online) - Businesses in the US must cease all dealings with Alrosa, says the Jewelers Vigilance Committee (JVC), including any memo/consignment agreements.It issued updated guidance to members following the US Treasury Department's announcement on 7 April of further restrictions on the miner, which is one-third owned by the Russian government.Alrosa is now on its Specially Designated Na...Read More
The Q1 production record stood at 55,602 tonnes of copper in concentrate and, as previously announced, Ivanhoe expected to hit the upper end of its 2022 copper production guidance of 290,000-340,000t. First ore was introduced on March 21 to the milling circuit of the phase-two 3.8-million-tonne-per year concentrator plant, which Ivanhoe said was four months ahead of the original development s...Read More
Barrick Gold (TSX: ABX; NYSE: Gold) aims to start producing copper and gold from its Reko Diq project in Pakistan's Balochistan province in 2027, the company's CEO Mark Bristow said at a conference call on Tuesday. The project, which was suspended in 2011 due to a dispute over the legality of its licencing process, is expected to have an initial capital cost of about US$7 billion - according to...Read More
Having recently optioned the former Gasp?(C) copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of copper mineralization near the past-producing Mount Copper open pit.The drill campaign will be divided into two phases: Phase 1 (10,000 metres) is primarily designed to evaluate extent of near-su...Read More
Having recently completed its environmental assessment (EA) process with the government of Newfoundland and Labrador, Marathon Gold (TSX: MOZ) says the federal EA for its Valentine project is also approaching a ministerial decision.Site-specific permitting pertaining to provincial jurisdiction, including acquisition of mining lease, has already commenced. Concurrently, Marathon has been notified...Read More
Western Australia-focused gold producer Novo Resources (TSX: NVO; OTC: NSRPF) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG's share capital, to a corporation controlled by Canadian mining investor Eric Sprott. Pursuant to arm's-length negotiations, Novo will receive total consideration of $125.9 million, representing a 9.3% premium to NFG...Read More
Zeb Nickel (TSXV: ZBNI; US-OTC: ZBNIF) has discovered a new gold zone at its at its namesake nickel project located in Limpopo, South Africa. Two out of the eight drill holes from its recently completed program intersected high-grade gold, the company said. The gold zone is located adjacent to and beneath the nickel and platinum group element (PGE) mineralized zones of its flagship project....Read More
Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia.The U.S. car producer has committed to making all-electric vehicles by the end of the decade, setting the goal of having 30 new EVs models, equivalent to 1 million electric cars, in the market by 2025."...Read More
This week's episode features Ana Gabriela Juarez, president of CTA Environmental Consultants and founder of WIM Central America. Ana discusses her work as the president of an environmental consultancy focused on mining, as well as the challenges women face in the mining industry, particularly in South America. She also describes some of the educational initiatives WIM Central America has undertake...Read More
Assume - for the moment - that yours is the standard American household. How much money did inflation steal from you in March?The answer, the distressing answer, shortly. First the news...March inflation data came issuing this morning. They represented the greatest annual inflationary jump since December 1981 - an 8.5% escalation.The New York Post gives the particulars:Labor Department officials s...Read More
TSX-listed Thor Explorations' operations at the Segilola gold mine, in Nigeria, performed in line with forecasts for the first quarter of this year and remains on track to meet full-year guidance of between 80 000 oz and 100 000 oz. A throughput of 221 920 t with an average head grade of 3.18 g/t gold, and an overall recovery rate of 94.1%, resulted in gold production of 21 343 oz for the quar...Read More
By Jaime Llinares Taboada Caracal Gold PLC said Monday that its pilot processing plant at the Kilimapesa mine in Kenya has achieved first gold production...Read full newsRead More