News and Reports

Rio2 issues Fenix feasibility, permit decision pending...

September 05, 2023 / www.mining-journal.com

A first phase would see Fenix produce 91,000ozpa during its initial 12 years and then 54,000ozpa for the final four years at an all-in sustaining cost of US$1,237/oz Au from reserves of 1.Read More

India Urges US to Unfreeze $26m Diamond Payments

September 05, 2023 / www.idexonline.com

(IDEX Online) - The Indian government has reportedly asked the US to release $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.The transactions were blocked by the Office of Foreign Assets Control (OFAC), which imposed sanctions on Alrosa, the state-controlled diamond company after Russia invaded Ukraine last February.But Indian traders are adamant the payment...Read More

Argentina narrows search for Mendoza potash mine investor...

September 05, 2023 / www.mining-journal.com

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesMendoza's governor Rodolfo Suarez announced on social media that the province will move t...Read More

Time's Up: Bucherer Boss, 87, Sells to Rolex

September 04, 2023 / www.idexonline.com

(IDEX Online) - Rolex is to buy Bucherer, the long-established watch retailer with over 100 sales outlets worldwide.The move will shake up the luxury watch market, giving Rolex far greater control over its distribution network and better intelligence on its competitors.Shares in UK-based rival retailer Watches of Switzerland plunged 21 per cent on the day news of the deal broke (25 August).Buchere...Read More

Taliban seals $6.5B in mining deals

September 04, 2023 / www.mining-journal.com

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals The contracts cover several provinces and involve the extraction and processing of iron o...Read More

Diamond miners feeling the synthetic squeeze

September 04, 2023 / www.mining-journal.com

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesThe first part of that comment in Hemingway's novel, The Sun Also Rises, could describe a...Read More

Nigeria to set up state minerals corporation

September 04, 2023 / www.mining-journal.com

The proposed Nigerian Solid Minerals Corporation is intended to support domestic mining of gold, coal, iron ore, bitumen, lead, limestone and barite, a minister said.Read More

Arbor resumes exploration following Qu?bec wildfire...

September 04, 2023 / www.mining-journal.com

At the beginning of June, more than a dozen mining companies in Québec announced the temporary shutdown of mining activities as hundreds of wildfires were burning across the country.Read More

Peru gives artisanal miners government-backed loans...

September 04, 2023 / www.mining-journal.com

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthMINEM gives the miners access to government-backed loans to strengthen activities that fi...Read More

Signet's Q2 Sales Down 8% to $1.61bn

September 04, 2023 / www.idexonline.com

(IDEX Online) - Signet, the world's largest diamond jewelry retailer, has reported an eight per cent drop in Q2 revenue, down from $1.75bn to $1.61bn.Same store sales were down 12 per cent, net profits were down 48 per cent to $75.1m and bridal sales dropped seven per cent to $735.5m amid inflation and rising interest rates, as the post-Covid "engagement trough" persisted. Bridal has his...Read More

Our No. 1 Anti-Aging Stock

September 04, 2023 / www.outsiderclub.com

"For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath." Matthew 25:29Dear Outsider,It's no secret that America has a health problem.No... a health crisis.And it's so bad that it poses a national security threat.That's according to former U.S. Army Lt. Gen, Mark Hertling.He first warned the public about it...Read More

Leo shares slump on Mali update

September 04, 2023 / www.mining-journal.com

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesWest Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Those changes include the direct shipping ore plan being shelved - the recently appointe...Read More

Albemarle makes 'best and final' offer for Liontown...

September 04, 2023 / www.mining-journal.com

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthIt is the fourth offer from Albemarle after it proposed $2.20 per share in October 2022,...Read More

Leo shares slump on Mali update

September 04, 2023 / www.mining-journal.com

Those changes include the direct shipping ore plan being shelved - the recently appointed mines minister is currently not a fan - the potential for unplanned import and duties totalling US$45-50Read More

Trident invests US$10 million in Utah lithium project...

September 04, 2023 / www.mining-journal.com

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Trident acquired the 2.5% net smelter return royalty for US$10 million, which will be pai...Read More

Chance to Buy Bogart and Bacall's Wedding Rings

September 03, 2023 / www.idexonline.com

(IDEX Online) - Matching gold wedding rings that belonged to Hollywood icons Humphrey Bogart and Lauren Bacall are to be auctioned in Los Angeles.The couple exchanged the rings when they married in May 1945 after falling in love during filming of To Have and Have Not when she was 19 and he was 45. They remained together until Bogart's death in January 1957. Bacall died in 2014.The 14k go...Read More

Don't Comply but Don't Resist

September 02, 2023 / dailyreckoning.com

Neither comply nor resist. That's my advice.What do I mean by neither comply nor resist?Society functions by our voluntary compliance with a spectrum of social norms what’s socially acceptable and unacceptable some of which are institutionalized into legally defined rules.Society breaks down when either set of social norms the institutionalized judiciary or the cultural norms loses t...Read More

Scoping study adds shine to PolarX's Alaska Range copper-gold...

September 01, 2023 / www.mining-journal.com

Further metallurgical testwork to improve copper and gold recovery could provide even more "bang for buck," executive chairman Mark Bojanjac explains as the company released a positive scoping study for the Alaska Range copper-gold project, outlining near-term payback and a pre-tax NPV7 of US$201 million.Read More

Eramet resumes mining in Gabon

September 01, 2023 / www.mining-journal.com

The French mining giant, which owns the Comilog manganese operations in Gabon, halted mining on Wednesday in the wake of an overnight coup.Read More

Bald Hill slowly re-emerges from legal lithium limbo...

September 01, 2023 / www.mining-journal.com

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesWork on Bald Hill, located about 50 kilometres south of the Western Australian nickel min...Read More

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