London nickel prices soared as much as 30.7% on Monday, their biggest daily percentage gain on record, as supply disruption fears gripped markets amid an escalating Russia-Ukraine conflict and mounting sanctions against Moscow.Read full newsRead More
Share this article VANCOUVER - Copper Fox Metals Inc. [CUU-TSXV; CPFXF-OTC] reported analytical results from the 2021 metallurgical drilling program for the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek Joint Venture, formed in 2013 between Teck Resources Limited [TECK.A, TECK.B-TSX; TECK-NYSE], 75...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherCopper at an all-time high of almost US$5 a pound. Nickel at $13.50/lb, aluminium at $1.Read More
(IDEX Online) - Alrosa has suspended its membership Natural Diamond Council (NDC) and relinquished its position as as vice chair of the Responsible Jewellery Council (RJC), following Russia's invasion of Ukraine.It said it hoped the industry would stand strong during "this tough time" and that the situation would soon stabilize.The NDC, an alliance of the world's leading diamond producer...Read More
(IDEX Online) - Christian Dior yesterday unveiled an 88.88-carat cushion-cut yellow diamond - worth an estimated $50m - at the re-opening of its flagship store in Paris.The fancy intense VVS2 stone was recovered as a 150-carat rough gem at the Kimberley mine, South Africa, owned by Ekapa.Dior acquired it for an undisclosed sum and insisted on cutting it to exactly 88.88-carats, reflecting its beli...Read More
The Ministry of Mines and Energy authorised the restart after it completed a consultation process with the indigenous Maya Q'eqchi' people, which was ordered by the Constitutional Court in June 2020.Read More
(IDEX Online) - Two former employees have been cleared by a court in Namibia of stealing marine diamonds worth $420,000 from a Debmarine vessel. The main prosecution witness against Emmanuel Shikololo and Rodney Klim, both aged 48, did not give a credible account, said the judge at Windhoek High Court. Klim was alleged to have reported a blockage in the vessel's vacuum air trans...Read More
The motion received 13 votes in favour with three against and three abstentions.Read More
"We are proud to be awarded these grants for the second time, which validates the company's bold exploration strategy exploring the northern, covered extension of the Macquire Arc, Australia's premierRead More
A committee tasked with rewriting the Chilean constitution has approved an early-stage proposal that opens the door to the country nationalizing some of the world's most significant copper and lithium mines.The local media outlet, emol, reported on Monday the constituent assembly's motion brought by the environmental committee received 13 votes in favour, with three against and three abstentions.T...Read More
The growing demand for Geodrill's (TSX: GEO; OTC-US: GDLFF) suite of services is set to increase amid heightened investor demand for haven assets like gold. This, in turn, drives interest in metal production and pushes exploration budgets higher, CEO David Harper tells The Northern Miner.The Toronto-based services company reported fourth-quarter and full-year 2021 revenue growth of 8.2% year-over-...Read More
In another important milestone towards its goal of developing a sustainable battery supply chain in North America, Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF), the company formerly known as First Cobalt, has obtained final approval of the updated closure plan for its hydrometallurgical facility in Ontario.Electra's business strategy is to produce sufficient battery material on an annual...Read More
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector, the latest data release from Adamas Intelligence shows.According to the market analyst, an 86% increase in passenger EV registrations in the Asia Pacific region positions it as the top EV market, followed by the Ameri...Read More
Kinross Gold (TSX: K; NYSE: KGC) may permanently exit from Russia after operating in the country for about 25 years, a BMO metals and mining analyst said, as the nation continues to attack Ukraine. On Mar. 2, Kinross announced that it would suspend its Russian operations following Western sanctions. However, in a research note to clients on Mar. 6, BMO analyst Jackie Przybylowski stated that the...Read More
Canadian explorer Tier One Silver (TSXV: TSLVF; US-OTC: TSLVF) believes it is in the early stages of a new discovery in Peru.The Vancouver-headquartered junior recently completed the first ever drill program on its 100%-owned Curibaya silver-gold project in southwest Peru, about 48 km northeast of the provincial capital Tacna, close to the border with Chile.The drilling comprised 16 holes (5,347...Read More
A recent report by IDTechEx estimates that less than 8% of the global cobalt demand and 6% of the lithium demand will be supplied by recycled Li-ion batteries by 2030.According to the market analyst, a combined total of over 180,000 tonnes of lithium, cobalt, nickel, and manganese could be recovered by 2030 through Li-ion recycling, a value which is forecast to grow by approximately 10 times by 20...Read More
Dear Outsider,An unmistakable neon glow emanates from an abandoned storefront in Philadelphia's University City. As part of a massive real estate investment, Drexel University acquired an old Firestone car repair shop and turned it into a pop-up art gallery, complete with retro neon signs, some dating back to the 1950s. It gives students a glimpse into Philadelphia's past as they work toward a bet...Read More
Hedging is typically frowned upon by investors in gold miners on the grounds that people invest in gold and gold stocks because they believe the gold price will go higher, and so they want fullRead More
At one point, the 10,000 tonnes per year Ivan copper cathode plant was considered as a processing option for Marimaca's Marimaca copper project, but the growth in the scale of the deposit means theRead More
Citing data compiled by S&P Global Market Intelligence, Mazumdar observed that copper exploration budgets in Canada, the USA and Australia saw a significant increase in 2021 to some US$855 million of the $2.3 billion global spend, although the countries are not large copper producers.These three countries have historically attracted 30% of exploration spend, but this has now jumped to 40-45%."...Read More