News and Reports

US Consumers say Cremation Diamonds are "Gross and Weird"

March 27, 2022 / www.idexonline.com

(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

War in Ukraine: Tiffany Bans Russian-Mined Diamonds

March 27, 2022 / www.idexonline.com

(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

The Rock: At 228-ct it's the Biggest White Diamond ever to be Auctioned

March 27, 2022 / www.idexonline.com

(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

Russia Seizes Audemars Piguet Watches after Switzerland Imposes Sanctions

March 27, 2022 / www.idexonline.com

(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

Morgan Stanley flags #EV demand destruction as #lithium price soars #metals

March 25, 2022 / www.mining.com

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

Lithium developer Piedmont closes big US raising

March 25, 2022 / www.mining-journal.com

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

ValOre doubles Pedra Branca PGM and gold resource

March 25, 2022 / www.mining-journal.com

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

Gramalote shows strength in social aspects

March 25, 2022 / www.mining-journal.com

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

MMG posts record profit, moves ahead with copper expansion...

March 25, 2022 / www.mining-journal.com

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 A big rise in zinc and copper prices saw the company's record net profit after tax jump to US$920.5 milli...Read More

Lithium developer Piedmont closes big US raising

March 25, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipWest Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldJP Morgan and Evercore ISI were lead underwriters.Aside from the underwriters, investors bought $113.75 million worth of s...Read More

ValOre doubles Pedra Branca PGM and gold resource

March 25, 2022 / www.mining-journal.com

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 increase stood at 106% and the company's CEO, Jim Paterson, said that several of the zones that form...Read More

South Star shoots for graphite offtake deal

March 25, 2022 / www.mining-journal.com

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 Canada-based company announced that it has signed a letter of intent, which will run over a pe...Read More

Black swans in Ukraine

March 25, 2022 / www.mining-journal.com

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 world has recently had to adjust to some new obvious facts. The immediate human cost of the wa...Read More

Australian company rejects allegations from Spanish...

March 25, 2022 / www.mining-journal.com

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 Representatives for minor party Unidas Podemos sent the letter directly to some of Rafaella's shareholder...Read More

Diesel drought threatens costs and the viability of...

March 25, 2022 / www.mining-journal.com

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  While just one of many costs in a mining operation, diesel fuel is an essential item, especially in...Read More

Finalisation of Sprott-led funding boosts prospects for Canada's largest gold-copper-silver projectCopper News

March 25, 2022 / www.mining-journal.com

Seabridge's wholly owned subsidiary, KSM Mining, last month agreed to sell a $255 secured note that would be exchanged at maturity for a silver royalty on its 100%-owned KSM project, which the firmRead More

Western Copper receives final assay results for Casino project

March 25, 2022 / www.mining-journal.com

The results, taken from the deposit core area, have confirmed the presence of long intercepts of grades higher than the average resource grades in neighbouring zones.Results included a 300.23m interval grading 0.70% copper-equivalent and a 248.41m interval grading 0.58% copper equivalent.Drilling in the northeast of the deposit core also returned a 300.23m interval grading 0.57% copper equivalent,...Read More

Analysts warn of demand destruction

March 25, 2022 / www.mining-journal.com

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 "A look at notional margins enjoyed by miners suggests that the price rises are fragile at best," WoodMac...Read More

Global Gold Snapshot: Eight companies scouring the globe for gold

March 25, 2022 / www.northernminer.com

With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers to watch. ANACORTES MINING Anacortes Mining's Tres Cruces project in North Central Peru. Credit: Anacortes Mining.Vancouver-headquartered?EUR?Anacortes Mining?EUR?(TSXV: XYZ; US-OTC: XYZFF) is exploring its 100%-owned Tres...Read More

Spanish transport strike halts Orvana's Orovalle operation

March 25, 2022 / www.northernminer.com

An ongoing transportation strike in Spain has accentuated supply chain disruptions that have forced Canadian miner Orvana Minerals (TSX: ORV) to suspend operations at the critical Orovalle copper-gold operation in the country's north.In a news release Friday, the company said that the lack of timely supply of materials caused by a national strike of transportation services prompted the temporary s...Read More

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