K92 released the detailed results of the latest 93 diamond drill holes completed from the surface and underground drilling at Kora-Kora South, Judd-Judd South, and the first results from Kora NorthernRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)The 2022 drill program aims to convert, expand and discover new gold resou...Read More
In making its recommendation, Glass Lewis noted that Turquoise Hill undertook a reasonably comprehensive review process in the months preceding the execution of the arrangement agreement with RioRead More
Key upcoming events in the region's silver sector include firms Fresnillo, SilverCrest Metals, Hecla Mining, and Hochschild Mining which are listed in London, Toronto and New York.Read More
"Whilst discussions are continuing with each party, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made.Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Guilty of going after tonnages and pursuing growth at any cost during bull times, the world's mining companies have suffered a wave of CEO replacements, with shareholders demanding more capital austerity and returns in the form of div...Read More
Funding will be used to build and expand commercial-scale facilitiesin 12 US states to extract and process lithium, graphite and other battery materials, manufacture components, and demonstrate newRead More
The grant funding from the Department of Energy (DOE) is intended to support a portion of the anticipated cost to construct a new, commercial-scale lithium concentrator facility at Albemarle's KingsRead More
RAPAPORT... Retail sales at Hong Kong-based jeweler Chow Tai Fook rose 26% year on year in the second fiscal quarter as strong demand from local consumers outweighed weakness in tourist spending.The mainland China business drove the growth during the three months ending September 30, as did higher-value sales of gold jewelry, according to data the company released last week. Hong Kong sales a...Read More
RAPAPORT... Hong Kong-based jeweler Luk Fook enjoyed a sales boost in the second fiscal quarter as a decline in gold prices spurred consumer demand.Same-store sales - at self-operated shops open for at least a year - jumped 40% for the three months ending September 30 compared with the same period of 2021, the company reported Tuesday.The yellow metal's value has tanked in dollar terms since...Read More
UBS expects a 75 basis points (bps) rate hike at the November FOMC meeting, a 75 bps rate hike at the December FOMC meeting and a 50 bps rate hike at the February, 2023 meeting.Read More
RAPAPORT... Rio Tinto has debuted an AUD 6 million ($3.8 million) ring, the first piece of jewelry from its Argyle Pink Diamonds brand.The ring, named the Argyle Romantica, contains 3.42 carats of pink, red and blue diamonds from the miner's Argyle deposit in Western Australia, which closed in November 2020, Rio Tinto said last week. The jewel was created by Singapore-based jeweler John Glajz, one...Read More
(IDEX Online) - The cost of the Jagersfontein tailings dam collapse will be close to $30m, says Richard Spoor, a South African activist and human rights attorney.He is representing 30 of the families living in the shadow of the former De Beers diamond mine who suffered when homes were swept away by a mountain of grey sludge that killed at least two people."I've been advised by the farmers and...Read More
(IDEX Online) - The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, is to be sold without reserve at Sotheby's New York. Bidding for the Golden Canary Diamond will start at just $1 on 7 December - a deliberate move by the auction house to provoke fierce bidding - but is expected to reach its high estimate of $15m. It has been re-cut from...Read More
(IDEX Online) - Police say the owner of jewelry shop in Florida, USA, shot dead two robbery suspects.Officers responded to an incident at responded to the Magic Mall, on West Colonial Drive, Orlando, just before noon on Friday 14 October.They found one person dead at the scene after the owner opened fire. At least one of the alleged raiders is said to have been armed.A second suspect escaped in a...Read More
(Adds Biden quote) By David Shepardson and Ernest Scheyder WASHINGTON, Oct 19 (Reuters) - The Biden administrationsaid on Wednesday it is awarding $2.8 billion in grants to boostU.S. production of electric vehicle batteries and the mineralsused to build them, part of a bid to wean the country offsupplies from China. "By undercutting U.S. manufacturers with their unfairsubsidies and trade pra...Read More
Antofagasta's September quarter production results put copper production at 181,900t for the quarter, 40% higher than Q3 2021, and 450,600t for the nine-month period, which is 17% lower thanRead More
The incident happened on the main access road between the city and the mine.Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedIron ore production was up 1% quarter-on-quarter and 3% year-on-year to 65.1 million tonnes as the new South Flan...Read More
There's less than three weeks to go until the critical midterm elections.With so much on the line, what is the likely outcome? Will Republicans retake the House and the Senate? Perhaps one? Neither?In today's issue I'll try to sort it all out for you.Polls are often considered the easiest way to understand what's going on, so we need to look at them.But polling techniques are full of flaws. They o...Read More