News and Reports

New Gold reports potential New Afton TSF issue

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

The company determined that the variances require further review by the engineer of record (EOR), with mining suspended to allow the EOR time to review the findings.Read More

Triple Flag closes another record quarter

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

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe streaming and royalty company already announced their reco...Read More

Ecuador presidential candidate assassinated

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

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsIn a video published on social media, heavily-armed members of...Read More

China to lag in the race to grow domestic lithium supplies:...

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

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOkane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsAndover lithium potentially Australia's biggestSPONSOREDazure minerals"Although we forecast a global supply deficit for lithium by 2025 and continued elevated prices, we do n...Read More

Blindsided!

August 10, 2023 / dailyreckoning.com

"Markets Will Be Blindsided by Inflation’s Comeback."We were sorting through the indrift of news this morning... when this headline seized us by the throat.Inflation's comeback?Is not inflation in swift retreat? Is not inflation nearly routed and licked?We are informed that it is, and informed of it each day.Inflation (official inflation, that is the caveat is necessary) summited last June...Read More

Diamond Miners Strike over "Starvation Wages"

August 10, 2023 / www.idexonline.com

(IDEX Online) - Diamond miners walked out on an indefinite strike at Ekapa, in Kimberley, South Africa, on Monday (7 August) to support their calls for a 17 per cent pay hike. The National Union of Metalworkers of SA (Numsa) says its 700 members at the mine are being paid a "starvation wage".The union's general secretary Irvin Jim said Ekapa had offered a 6.5 percent increase over the ne...Read More

Atalaya on track, bullish on copper prospects

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

Atalaya reported first half copper production of 26,351t, up from 24,847t a year earlier. The company mined 7.8Mt of ore at an average grade of 0.39% copper at an average AISC of US$3/lb.Read More

'Nickel king' upbeat on sulphide space and acquisitions...

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

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsPointing out that since last year's mining forum, there were n...Read More

Diamcor Increases Sales Despite Power Outages

August 09, 2023 / www.idexonline.com

(IDEX Online) - Diamcor has reported an increase in rough sales and per-carat prices after battling power supply issues at the Krone-Endora at Venetia project, in South Africa.The Canadian miner said revenue in the year to 31 March was up 37 per cent to $6.29m and average price per carat increased 39 per cent to $340.Diamcor, which acquired the deposit from De Beers in February 2011, has been inst...Read More

Decade up 104% on B.C. copper drilling news

August 09, 2023 / www.canadianinvestor.com

Share this article VANCOUVER - Decade Resources Ltd. [DEC-TSXV] shares were up by over 100% Wednesday in heavy trading after the company announced a major copper discovery at the Nobody Knows project in Terrace, B.C.The company said it has cored significant copper sulphide mineralization intercepts from the initial three diamond drill holes testing the recently discovered Nobody Knows No. 2 zone....Read More

Deflation in the world's factory

August 09, 2023 / www.mining-journal.com

China's consumer price index was down 0.3% year-on-year in July, according to official statistics released on Wednesday.Read More

The Wile E. Coyote Economy

August 09, 2023 / dailyreckoning.com

As youth the Road Runner cartoon show amused us vastly.The Road Runner character would deceive his murderous pursuer Wile E. Coyote over a cliff edge.Yet this Coyote figure would continue his chase for incredible seconds... disobeying gravity's iron laws... unaware of his precarious peril.At this point he'd glance groundward and receive an updated intelligence report.Alarmed and stripped of...Read More

Ero "laser focused" on Tucuma

August 09, 2023 / www.mining-journal.com

The Tucumã, open pit project is on schedule at about 45% complete at the end of the June quarter, with pre-stripping in progress.Read More

S&P Global Ratings drops ESG scores

August 09, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure minerals"These indicators were intended to illustrate and summarise th...Read More

Jewelry Smash and Grabs at "Crisis Level", Warns JSA

August 09, 2023 / www.idexonline.com

(IDEX Online) - Raiders smashed showcases with sledgehammers at a jewelry store in California, USA, and fled with $900,000 of jewelry in garbage cans.The Jewelers' Security Alliance (JSA) said it was just one of 14 smash and grab attacks in the southern part of the state within a month.It warned that such robberies were at "crisis level" and urged retailers to take precautions - and not to ch...Read More

Slower Growth for Fancy Color Diamond Prices

August 09, 2023 / www.idexonline.com

(IDEX Online) - Fancy color diamonds saw slower growth in the last three months, with an increase of just 0.5 per cent in the FCRF Index, which tracks prices across all colors, sizes and intensities.That compares with a 1.3 per cent rise during the first quarter of 2023, as reported by the New York-based Fancy Color Research Foundation, with the biggest increases among yellows.During Q2, yellows d...Read More

Fourth +1,000-ct Diamond Recovered at Karowe

August 09, 2023 / www.idexonline.com

(IDEX Online) - Lucara yesterday announced the recovery of a 1,080.1 carat diamond.It's the fourth +1,000-ct stone from Karowe, in Botswana, since the mine opened in 2012.The Type IIa top white gem quality diamond measures 82.2m x 42.8m x 34.2mm and was recovered from direct milling of ore sourced from the mine's South Lobe.In November 2015, a 1,109-carat stone  - the world's l...Read More

Deflation in the world's factory

August 09, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsChina's consumer price index was down 0.3% year-on-year in Jul...Read More

Hudbay reports $14.9 million loss in June quarter

August 09, 2023 / www.mining-journal.com

"After adjusting for $6.8 million of transaction costs incurred during the quarter associated with the acquisition of Copper Mountain and a non-cash gain of $4.Read More

Standard Lithium posts Arkansas lithium PFS

August 09, 2023 / www.mining-journal.com

The company envisions a 20-year plus operating life from a resource averaging 437 mg/L. The project would yield a base case after-tax net present value of US$3.Read More

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