In a very brief speech to open the Exploration Forum, the first event in Cesco week in Santiago, Chile, mining minister Marcela Hernando stressed that communities need to know about mining projects inRead More

Belgium does not Oppose Sanctions on Russian Diamonds, says PM(IDEX Online) - Belgium has not opposed EU sanctions against Russian diamonds, its prime minister told national radio.Alexander De Croo (pictured) was responding to calls within the federal government -from the Flemish Green party Groen and French-speaking socialist party PS among others - to stop the importation of diamonds from Russia...Read More

The US$25 million payment will be paid by way of issuance of a convertible note to Glencore, giving the firm an equity stake in the Canadian junior.Read More

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining   The "doctor" in this case is not really a doctor, it's the global management consulting firm McKin...Read More

Shares of Pure Gold Mining (TSXV: PGM) fell to its lowest in a year after the company announced it will need to raise funds within the next 30 days to fund its operations and service the interest on its debt. The company, which operates the PureGold underground mine, located in Red Lake, Ont., said its cash balance stands at about $9 million. "Over the next six months [Pure Gold] will require...Read More

Osisko Metals (TSXV: OM; OTC: OMZNF) has signed an option to purchase the former Gasp?(C) copper mine from Glencore Canada. The mine, located near Murdochville, Quebec, was developed and operated by Gasp?(C) Copper, a subsidiary Noranda Mines.Osisko has agreed to make an up-front payment of US$25 million to be paid by way of a convertible note when the arrangement closes. A further US$20 million w...Read More

Cornish Metals (LON, TSX-V: CUSN) is getting closer to reopening the South Crofty tin-copper mine in Cornwall, southwest England, as a group of investors including mining veteran Mick Davis are injecting ?40.5 million (US$53.1 million) into the company.Davis's battery metals investment firm Vision Blue Resources (VBR), whose main strategy is acquiring stakes in assets linked to electric vehicles...Read More

Following a tense meeting with human resources personnel, the union that represents MMG's Las Bambas workers announced the launching of a protest action as they demand a review of the end-of-year profit amounts paid by the mining company to its employees.In a media statement, the union says that this is the first time that employees receive their share of the profits since the copper mine became f...Read More

Mining, together with construction, retail trade and services, is among the sectors most affected by cold and wet weather consequence of climate change in the United States.A recent study led by University of Cambridge researchers looked at the environmental impact over five decades on 10 different economic sectors in the 48 contiguous U.S. states - excluding Alaska and Hawaii - from 1963 to 2016...Read More

The Mining Code was amended in February, the Water Code in late March, a mining royalty is likely to be imposed in the coming months and a process to draft a new constitution is likely to strengthen environmental laws.Despite the current uncertainites regarding future mining regulation and taxation, Chile continues to draw investment. "We have seen a number of deals recently with South32 [which bo...Read More

Minister of Public Works, Juan Carlos Garcia, whose portfolio includes the Direction General of Waters (DGA) said the reform seeks the "fair water transition, which solves the problems of inequity suffered by thousands of people in access to this vital element."Under the new code, water rights will be given for a maximum of 30 years depending upon the availability of water sources, rather than ind...Read More

All wars are full of lies. Winston Churchill famously said, "In wartime, truth is so precious that she should always be attended by a bodyguard of lies."We accept that idea broadly. Secret invasion plans should be closely held. The identities of spies must be kept under wraps. New weapons and defensive tools should not be revealed because enemies will be alerted to their potential and begin offens...Read More

(IDEX Online) - A third of US jewelry buyers say cremation diamonds are "gross and weird". But just over a fifth (22 per cent) said they'd consider buying one, according to research for Heart In Diamond.The UK-based company produces lab grown diamonds from the hair or cremated remains of people and pets."Turning diamonds into ashes is something of a taboo subject and because of this, few...Read More

(IDEX Online) - Tiffany & Co says it has stopped sourcing diamonds mined in Russia, which are said to account for a third of its general supply.It's the second major US jeweler to implement a boycott on newly-mined stones from Russia in response to its invasion of Ukraine. Signet said last week it would not accept precious metals of diamonds from Russia, even if suppliers were not su...Read More

(IDEX Online) - A white diamond described as the largest ever to appear at auction could sell for $30m.The 228.31-ct pear-shaped gem will lead Christie's Magnificent Jewels sale in Geneva.The G/VS1 stone, named The Rock (pictured), was mined and polished in South Africa over 20 years ago. It has an estimate of $20m to $30m.The previous auction record for the largest white diamond was a 163.41...Read More

(IDEX Online) - Russia has reportedly seized millions of dollars worth of Audemars Piguet watches in response to a Swiss ban on the sale of timepieces and other luxury goods.Agents from the FSB security service took the from the firm's Moscow premises, claiming there had been customs irregularities, according to the Swiss newspaper NZZ am Sonntag.But Swiss foreign affairs department officials...Read More

Electric vehicle battery makers will need to raise prices by almost 25% due to soaring lithium carbonate prices, said the bank.Read full newsRead More

JP Morgan and Evercore ISI were lead underwriters.Aside from the underwriters, investors bought $113.75 million worth of shares priced at $65 each.Piedmont will use the funds to restart operations at North American Lithium in Quebec - where it has a 37% interest - as well as fund exploration and feasibility studies on its other assets in North America and Ghana.The cost to restart is yet to be def...Read More

The increase stood at 106% and the company's CEO, Jim Paterson, said that several of the zones that form part of the resource estimate remain "wide open" for expansion in future drillRead More

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The ridge itself, also called Gramalote Central, is in the middle of what could potentially be an open pi...Read More