News and Reports

Triple Flag reports slower Q3 after record Q2

October 12, 2023 / www.mining-journal.com

Iceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesBoth sales and revenue are up year-on-year, with revenue for the same quarter in 2022 at $33.8 million and sales of 19,523oz gold equivalent.Read More

Cariboo gold project passes environmental assessment...

October 12, 2023 / www.mining-journal.com

The Canadian miner said the project is the first to receive an EA certificate in BC under the new framework of the Environmental Assessment Act.Read More

Liberty, Equality, Democracy

October 12, 2023 / dailyreckoning.com

Liberty. Equality. Democracy.For most Americans the three are triplets.Liberty is equality is democracy. Democracy is equality is liberty.There you have the holy trinity the holy trinity of America's civic religion.Its secular holy texts have convinced Americans of their divinity.Do you call this divine trinity into question?Then you declare yourself heretic.You simply cannot do it... lest you b...Read More

Sodiam and TAGS Sell $22m in Joint Tender

October 12, 2023 / www.idexonline.com

(IDEX Online) - Sodiam sold $22.3m of +10.8-cts rough diamonds from its mines in Angola in a tender which was, for the first time, coordinated by Dubai-based TAGS (Trans Atlantic Gem Sales).A total of 1,329.89 carats were sold from five mines owned by the Angola's national diamond trading company. Bids were made remotely using TAGS' online platform.Highlights included a pink stone from t...Read More

Lithium a stretch too far for Codelco?

October 12, 2023 / www.mining-journal.com

However, Codelco has been ear-marked by the government to lead the nation's foray into the lithium space, with Codelco chair Maximo Pacheco stating in June that there is no company better placed to doRead More

Democracy!

October 12, 2023 / dailyreckoning.com

Greetings from lovely Northern Italy.It's a habit of the midwit to parrot famous quotes.One of the most often quoted is Winston Churchill's asinine observation that "democracy is the worst form of government, except for all the others."He should've put a period after "government" and left it at that.When I hear that quote, it's one of my unfailing signals that the person I'm talking to is out of i...Read More

HB Antwerp's "Ground-Breaking" Software for Botswana Polishers

October 12, 2023 / www.idexonline.com

(IDEX Online) - HB Antwerp has unveiled "ground-breaking" software for diamond polishing, to be used at its new facility in Botswana.It says The Navigator will provide its polishers with "unparalleled control and accuracy", with its 3D capabilities."The Navigator is not just a technological advancement; it's a game-changer for the mineral industry," said Tom Munters, R&D director at HB.&n...Read More

US Could Lift Sanctions on Gertler

October 11, 2023 / www.idexonline.com

(IDEX Online) - The US could lift sanctions on the mining billionaire Dan Gertler, according to a Wall Street Journal report, to access "clean energy" supplies of cobalt and copper.Gertler, an Israeli citizen who first made his fortune in diamonds, had his US assets frozen in 2017 over allegations about his business activities in the Democratic Republic of Congo (DRC).The Treasury Department accus...Read More

Collective confirms Plutus discovery

October 11, 2023 / www.mining-journal.com

The company reported assays from two diamond holes in the Plutus Northern Corridor, which forms part of the larger Plutus porphyry centre about 1km east of the Apollo porphyry system.Read More

Blackrock lifts Tonopah West past 100Moz

October 11, 2023 / www.mining-journal.com

The inferred resource, within patented mining claims, has increased 135% compared with the 2022 estimate, to 6.1Mt grading 242.6gpt of silver and 2.9gpt of gold containing 47.Read More

Gem Diamonds Recovers Third +100-ct This Year

October 11, 2023 / www.idexonline.com

(IDEX Online) - Gem Diamonds has recovered its third +100-ct diamond of the year at its Letseng mine, in Lesotho.But it's still leaves the UK-based miner at well below its long-term average of eight +100-ct recoveries a year.The latest find is a 101.96-ct Type IIa diamond. Gem did not provide further details.In July it recovered a 163.91-ct yellow diamond and in March it recovered of a 122-ca...Read More

Hong Kong and Macau Drive Chow Tai Fook Growth

October 11, 2023 / www.idexonline.com

(IDEX Online) -  Chow Tai Fook today reported a 5.8 per cent increase in the value of Q2 retail sales, driven by an influx of tourists from the Mainland to Hong Kong and Macau.But sales across the rest of China, where CTF has over 7,200 outlets, were almost flat, with growth of just 0.6 per cent.The number of Mainland tourists visiting Hong Kong was back to 80 per cent of pre-pandemic levels...Read More

Nuton, Stellantis up stakes in McEwen Copper

October 11, 2023 / www.mining-journal.com

Nuton agreed to invest in a two-part transaction consisting of a private placement of 152,615 shares for $4 million, and the purchase of 232,000 shares owned by McEwen Mining, McEwen Copper's parentRead More

Rinehart drops another $110M on Liontown shares

October 11, 2023 / www.mining-journal.com

Hancock now holds 404.3 million shares, increasing its stake from 16.7% to 18.4%. The amount spent on Liontown shares by Hancock since April is approaching $1.2 billion.Read More

The Shocking History of Market Shocks

October 11, 2023 / dailyreckoning.com

We suspected the stock market would take a fright following last weekend's terrors.It did not. The stock market yawned them off. Why?Today our thoughts turn to the sanguinary arts and sciences... and to Wall Street.That is, our thoughts turn to carnage, markets and how the two mingle.To what extent does warfare or the prospect of warfare manipulate markets?Much? Little?Our own James Altucher r...Read More

Blencowe receives "game-changing" US funding

October 11, 2023 / www.mining-journal.com

Iceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesThe $5 million will be used to fund the feasibility study for the project, with a 20% contribution paid immediately and further payments made a...Read More

Minerals Security Partnership meet at LME Week, highlight...

October 11, 2023 / www.mining-journal.com

In a meeting on the sidelines of LME Week in London, the Minerals Security Partnership (MSP) held a principals' meeting.Read More

Endeavour gets US$120M Terronera loan

October 10, 2023 / www.mining-journal.com

The debt facility, secured through a first-ranking security interest over Terronera, is for an 8.Read More

Fortuna prioritising debt repayment

October 10, 2023 / www.mining-journal.com

The company's debt now comprises $206 million on its credit facility and $46 million of convertible notes, while its cash position is about $119 million.Read More

Rio Tinto to ship more lower-grade iron ore than planned

October 10, 2023 / www.mining-journal.com

Ahead of an analyst tour to the company's Pilbara iron ore operations, Rio said shipments for the September quarter were 83.9 million tonnes.Read More

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