News and Reports

Decarbonising in a fractured world: Will the energy...

September 29, 2023 / www.mining-journal.com

Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resources"We seek to responsibly manage the competition between our countries, so it does not tip into conflict," he said.Read More

This Pentagon Program Is About to Pay Out Like a Slot Machine

September 29, 2023 / www.outsiderclub.com

For years, I've been following a little-known Pentagon program. An absolute game-changer.It's called "Skyborg."And it's as futuristic as it sounds.The idea is to start pairing fighter jets and bombers up with drones. From now on, every pilot gets a little buddy, a robot wingman.Some are launched from the ground, while others are small enough to deploy from underneath a jet's wing like a missile, o...Read More

Glencore cuts funding for Pacific nickel mine

September 28, 2023 / www.mining-journal.com

Glencore holds a 49% stake in Koniambo, with the remainder held by Société Minière du Sud Pacifique, which is majority held by the regional government of New Caledonia's NorthRead More

VR Resources recovers microdiamonds at Northway, Ontario

September 28, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - VR Resources Ltd. [TSXV-VRR; OTCQB-VRRCF; FSE-5VR] has received complete results from caustic fusion and mineralogy for all three drill holes completed into the kimberlite breccia pipe complex on its Northway property in Northern Ontario.Microdiamonds were recovered in 2 separate intervals within drill hole NW23-003, the last of the three first-pass drill holes into...Read More

Codelco confirms lithium talks with Aussie developer...

September 28, 2023 / www.mining-journal.com

LPI was forced to make a statement after news it had appointed Canaccord Genuity as its financial adviser and Ashurst Australia as legal adviser to support it in talks with the miner leaked admit aRead More

Colombia's new mining vision

September 28, 2023 / www.mining-journal.com

Pardo's presentation, and that of mining and energy minister Andres Camacho, during his opening address, struck a much more conciliatory and even welcoming tone towards the mining sector than hasRead More

Colombia doesn't want mining prohibition

September 28, 2023 / www.mining-journal.com

Minister Camacho said the government wants to help develop an inclusive mining sector that helps meet the challenges of climate change and the energy transition and wants to work with the miningRead More

Hundreds Scour Surat Street for Diamonds

September 28, 2023 / www.idexonline.com

(IDEX Online) - Crowds gathered in Surat after reports that angry traders had emptied parcels of diamonds onto the street below, in protest at plunging lab grown prices.As many as 300 people rushed to scour an area outside Mini Bazaar, in the Varachha area of the city, on Sunday (24 September), according to press reports.It later emerged that the "diamonds" were actually plastic fakes used for emb...Read More

Another Blow for Israel's Diamond Trade

September 28, 2023 / www.idexonline.com

(IDEX Online) - Israel's diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent.The figures were significantly worse than July, when imports and exports fell by 46 per cent and 44 per cent respectively.Israel imported a total of 314,371 carats, at a cost of $49.8m in August, according to new figures released by the...Read More

Argentina Lithium sees $90M investment from Stellantis...

September 28, 2023 / www.mining-journal.com

Shares in the junior jumped on the news hitting markets, rising to trade at a high of C$0.59 in yesterday's trade (when the news was announced), from C$0.23/share the day previously.Read More

Lucara Ends "Groundbreaking" Sales with HB Antwerp

September 28, 2023 / www.idexonline.com

(IDEX Online) - Lucara has ended its rough diamond sales agreement with HB Antwerp, accusing the company of "a material breach of financial commitments".It was less than a year into a 10-year deal. The move comes less than a month after HB removed Oded Mansori, one of its three co-founders, citing "a sharp difference in strategic vision and approaches to business". He responded by launching legal...Read More

Low critical mineral prices are an opportunity, McKinsey...

September 28, 2023 / www.mining-journal.com

Demand for critical minerals is expected to boom to meet the energy transition, but investment in new mines remains sluggish.Read More

The Only Good Bureaucrat

September 28, 2023 / dailyreckoning.com

Today we learn the United States consumer is less formidable than previously imagined.His savings are heavily depleted. He pegs along on rations increasingly lean.Zero Hedge:Instead of the 1.7% unchanged print from the second estimate of Q2 GDP, the final number was a dire 0.8%, a 9-sigma miss to estimates... and the worst quarterly increase since the COVID collapse in Q2 2020.The worst quarterly...Read More

Arrested Jeweler "Switched Natural Diamonds with Lab Growns"

September 28, 2023 / www.idexonline.com

(IDEX Online) - A jeweler has been arrested after customers complained that natural diamonds in items left for repair had been replaced with lab growns.Douglas Wayne Gamble, 57, is also accused of selling lab growns as natural diamonds, and of failing to return items sent for repair at his Timeless Jeweler store in Sale, Oregon, USA.Police believe he cheated customers out of at least $250,000. Gam...Read More

Colombia's new mining vision

September 28, 2023 / www.mining-journal.com

Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesPardo's presentation, and that of mining and energy minister Andres Camacho, during his opening address, struck a much more conciliatory and even welcoming to...Read More

Call for Two-Month Diamond Import Ban in India

September 27, 2023 / www.idexonline.com

(IDEX Online) - Industry leaders in India are calling for a voluntary two-month ban on all rough diamond imports, to "better manage the balance between demand and supply".They say exports were down by 25 per cent in the year to August, inventories are increasing and prices are falling.The plea comes jointly from the GJEPC (Gem and Jewellery Export Promotion Council), the Bharat Diamond Bourse, the...Read More

Fission Uranium powers up PLS team

September 27, 2023 / www.mining-journal.com

The company completed a feasibility study in January detailing the production of 90.9Mlbpa of U3O8 at a sub US$20/lb all-in sustaining cost, with an initial capital cost of C$1.2 billion.Read More

Troilus looking for partner with copper carrot

September 27, 2023 / www.mining-journal.com

Reid said he is encouraged by Gold Fields partnering with Osisko Mining to develop the Windfall deposit, also in Quebec, as major and mid-tier gold companies look for portfolio additions in the comingRead More

Glencore defends recent Russian copper purchases

September 27, 2023 / www.mining-journal.com

"This transaction represents the final part of a contract that was in place before the war in Ukraine broke out and is in line with our policy regarding Russian business activities that was put inRead More

GSilver says estimated AgEq resource up 130% at Mexico mine

September 27, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - Guanajuato Silver Co. Ltd. [GSVR-TSXV] has announced a news mineral resource estimate for its San Ignacio mine in Mexico.The company said the measured and indicated silver equivalent resource (AgEq) has increased by 130% from a previous estimate, while the resources in the inferred category are up by 283%.Guanajuato (GSilver) is a precious metals producer engaged in...Read More

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