News and Reports

"No" Is the Magic Word

August 24, 2023 / dailyreckoning.com

Happy Thursday!I've been running around Europe lately with the family.But there's one skill that I'm so pleased I've developed. And that's negotiation skills.Because even in Europe, people try to take advantage of you.So enjoy this piece and, by God, read Jim Camp's books!Develop This Skill at All CostsThere are many different skills that any person especially a businessperson must develop. Pr...Read More

Guinness World Record for Surat Diamond Bourse

August 24, 2023 / www.idexonline.com

(IDEX Online) - The new Surat Diamond Bourse (SDB) has officially been recognized by Guinness World Records as the largest office building in existence."The sprawling complex boasts an incredible 659,611 m ? (7.1 million sq. ft) of floor space, spanning 35 acres of land, surpassing the USA's Pentagon as the world's largest office building," says Guinness in an announcement on Tuesday (22...Read More

Esmark backs away from US Steel bid

August 24, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesA week ago, Esmark announ...Read More

Madagascar gets sweetened deal in QMM renegotiation

August 24, 2023 / www.mining-journal.com

The QMM mine in Fort Dauphin, Madagascar, produces ilmenite, the main feedstock for titanium and titanium dioxide.Read More

Quebec Precious Metals identifies prospective lithium targets, Quebec

August 24, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - Quebec Precious Metals Corp. [QPM-TSXV; CJCFF-OTCBB; YXEP-FSE] has identified high-priority lithium targets following a detailed lithium targeting study on all of its exploration projects (1,298 claims covering 676 km2, 100%-owned) performed by ALS GoldSpot Discoveries Ltd., located in the Eeyou Istchee James Bay territory in Quebec.Highlights: High-priority target a...Read More

Madagascar gets sweetened deal in QMM renegotiation...

August 24, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe QMM mine in Fort Dauphin,...Read More

Contango looks to future at Muchesu

August 24, 2023 / www.mining-journal.com

The Muchesu mine, formerly called the Lubu mine, is located in the Hwange mining district, in Matabeleland North Province, to the south of Victoria Falls.Read More

Gold equities break metal link

August 24, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesA recent Mining Journal report...Read More

Gem Diamonds' Revenue Down 19%

August 24, 2023 / www.idexonline.com

(IDEX Online) - Gem Diamonds saw its revenue from rough sales at Letseng, in Lesotho, down 19 per cent to $71.6m in the first half of this year.The UK-based miner blamed the ongoing downturn, fewer recoveries of high-value diamonds, and power outages interrupting ore processing.Letseng, known as the highest dollar per carat kimberlite diamond mine in the world, saw average prices fall 22 per cent...Read More

Raiders Pepper-Spray Jewelry Store Workers

August 24, 2023 / www.idexonline.com

(IDEX Online) -  Jewelry store workers were treated for breathing difficulties and stinging eyes after they were pepper-sprayed during a raid.Police in Philadelphia, USA, are hunting four men who used a sledgehammer to smash display cases at Javier the Jeweler, at the Philadelphia Mills mall.They say the pepper spray used was "highly concentrated" and they evacuated the mall following the att...Read More

Baffling Case of Diamonds in the Mail

August 23, 2023 / www.idexonline.com

(IDEX Online) - Gemstone educator Gem-A has issued a warning over "diamond solitaire rings" that are being mailed, apparently randomly, to people in the UK and northern Europe. It's almost certainly a scam, but nobody, least of all Gem-A, is quite sure how it works.The organization, which provides gemology and diamond education in 26 countries but does not sell jewelry, said it was "baff...Read More

US requests trade panel to solve Grupo Mexico dispute...

August 23, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe announcement fol...Read More

Bluejay shares sink on another equity raise

August 23, 2023 / www.mining-journal.com

Bluejay shares have been under pressure over the last year, due to equity raises as well as decision to reverse a planned demerger of its Disko battery metals exploration business.Read More

Here We Go Again

August 23, 2023 / dailyreckoning.com

"New COVID variants... are spreading," warns CBS."New variant drives up COVID-19 hospitalizations in New York," reports Spectrum News."It may be time to break out the masks against COVID..." intones CNN."COVID boosters are still weeks away as cases surge in the U.S.," shrieks Axios.A certain Dr. Robert Wachter professes medicine at the University of California San Francisco. From whom:Hospitalizat...Read More

Gold margins shrink in June quarter

August 23, 2023 / www.mining-journal.com

Gold production by the eight leading (non-Australian) gold producers fell 2.6% in the June quarter to an aggregate 5.84Moz compared to 2022, although this was an 8.4% increase over the March quarter.Read More

SQM Lithium Ventures invests $3 million in Electric...

August 23, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesElectric Era is seeking rapid...Read More

Riches to Rags: Modi Business "has $3 Bank Balance"

August 23, 2023 / www.idexonline.com

(IDEX Online) - Nirav Modi, the one-time diamond billionaire, now has less than $3 in his company bank account.Firestar Diamond International Pvt. Ltd. (FDIPL) has a balance of just Rs 236 ($2.85) according to a Times of India report, after Kotak Mahindra Bank transferred almost $300,000 to pay income tax debts.Modi, 51, (pictured) is accused of fraudulently using letters of undertaking offered by...Read More

Filo could be getting a lot bigger

August 23, 2023 / www.mining-journal.com

A geophysical survey undertaken last year showed a high conductivity anomaly extending north from Filo, through the Aurora zone and onwards another 2km to Bonita.Read More

Western does more Casino drilling for Rio

August 23, 2023 / www.mining-journal.com

The programme includes 2,200m of diamond drilling in seven drill holes within the current pit boundaries to upgrade some resources from the indicated to measured category.Read More

Sigma Lithium sues former co-CEO

August 23, 2023 / www.mining-journal.com

Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe case was filed in New York...Read More

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