(IDEX Online) - An Indian national is facing up to 18 years in prison after an X-ray revealed 932 bullet diamonds inside his body.The unnamed 48-year-old, described as an accountant, was apprehended by customs officers at the Ngurah Rai International Airport, on the Indonesian island of Bali.He'd arrived from Bangkok, Thailand, intending to sell the 40.73 carats, said Imran Yusuf, of the loca...Read More
(IDEX Online) - Authorities in Angola seized over 2,000 diamonds, described as being "of several carats" last year, together with illegal mining equipment.They have made repeated efforts to counter diamond trafficking - deporting 250,000 smugglers between 2003 and 2006 - and have faced ongoing allegations over "conflict diamonds".During 2022 defense and security bodies seized 2,028 diamonds and a...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming"We will stop mining projects that put water at risk. Jerico will be an agricultural and ecological district," sa...Read More
Copper prices have rallied to over $9,200t, fanned by a combination of factors.Read More
Alfaro said the mine cannot continue to operate without a contract between operator First Quantum Minerals and the government and that the company must comply with a government decree issued inRead More
U.S. equity markets are closed today for the Martin Luther King Jr. holiday. Trading volume in Canadian equity markets is expected to be significantly below average. International equity markets generally were higher. The DAX Index was up 44.76 to 15,132.17. The CAC Index gained 18.36 to 7,041.62. The Shanghai Composite Index added 32.29 to 3,227.59 moving above intermediate resistance at 3,226.08...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.The Americas produced this week's top drill assays, with Australia's Tempus Resources (ASX: TMR; TSXV: TMRR) leading the charge with its Elizabeth project in British Columbia. The company reported that hole EZ-22-20 h...Read More
CaNickel Mining (TSXV: CML) has released results of a preliminary economic assessment (PEA) and mineral resource estimate on the company's Bucko Lake nickel mine, outlining a 13-year project with average annual production of 7.8 million lb. of nickel. The mine, located 110 km southwest of Thompson, Man., near the Town of Wabowden. is estimated to have average cash costs and all-in sustaining cos...Read More
The S&P/TSX Venture Composite Index added 33.22 points or 5.7% over the Jan. 6-13 trading period to end at 615.11. Dynasty Gold was the week's second-highest gainer by percentage, surging 175% from a low of 10 ? during the week, to close at 28 ? after reporting its best drill results yet from the Thundercloud property in northwest Ontario. One hole, from a new area that hadn't been drilled,...Read More
The S&P/TSX Composite Index rose 545.6 points or 2.75% to finish the Jan. 9-13 trading week at 20,360.10 and the S&P/TSX Global Mining Index gained 4.94 points or 4.25% to 121.30. The S&P/TSX Global Base Metals Index jumped 12.72 points or 6.62% to 204.80 and the S&P/TSX Global Gold Index advanced 8.95 points or 2.96% to 310.97. Spot gold increased US$54.90 per oz. or 2.94% to US$1,920.60 per ounc...Read More
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7% over the week to 3,999.09.The week's top value gainer was Southern Copper, which added US$9.66 to close at US$77.06. On the heels of the rising price of copper, Southern Copper shares have already gained 25% this year. A falling U.S....Read More
Northwest Copper (TSXV: NWST; US-OTC: NWCCF) shares surged 17% to 24.5 ? apiece in Monday afternoon trading in Toronto on assay results from its Kwanika copper-gold deposit near the town of Fort St. James in central British Columbia.The company reported hole K-22-255 cut one of the longest and highest-grade copper-gold intervals ever drilled at Kwanika, returning 399.8 metres of 0.62% copper, 0.74...Read More
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) has entered into a collaboration with Nuton LLC, a Rio Tinto venture, to evaluate the use of its Nuton copper heap leaching technologies at Excelsior's Johnson Camp mine in Cochise Cty, Ariz.Rio Tinto's extensive portfolio of advanced copper heap leaching technologies is targeted at primary sulphide minerals (including lower grade minerals), which could n...Read More
The federal government said on Monday it approved Galaxy Resources' James Bay lithium project in Quebec.As proposed, the spodumene operation would include an open-pit mine and concentrator facility, tailings, waste rock, ore, and overburden storage areas, as well as related infrastructure. It is expected to produce an average of 5,480 tonnes of ore per day over a mine life of 15 to 20 years."T...Read More
Defense Metals (TSXV: DEFN; US-OTC: DFMTF) is advancing its 100%-owned Wicheeda rare earth deposit in British Columbia toward development.In 2022, the company released a robust preliminary economic assessment (PEA), which was followed by an additional 10,859 metres of diamond drilling and additional flotation and leach testing, further confirming that the Wicheeda carbonatite sill complex contains...Read More
The campsite at Glencore's Antapaccay copper mine in southern Peru was vandalized by a group of people protesting against the country's new president and demanding a general election.According to local media, the incident took place on Friday morning when the protesters broke into the site's water plant and set the facility on fire. The plant provides drinking water to over 6,000 people in nearby...Read More
CEQP preferred shares have better shareholder benefits than most. See why CEQP.P is a way to generate at least high-single-digit returns for the next few years.Read full newsRead More
Upstart looks to improve operating efficiency in the short term to continue to invest in the business in the long term. See why UPST stock is a Buy.Read full newsRead More
Peabody's exposure to thermal coal reaches approximately 50% of its bottom-line profitability. Read how the slump in natural gas prices affects BTU stock.Read full newsRead More
Okta has recently faced macro headwinds and Auth0 integration problems. Read why OKTA stock remains attractively priced, but short-term may still be volatile.Read full newsRead More