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MMG's outlook still uncertain

March 08, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe company said it managed to maintain profitability despite more than 50 days of forced shutdo...Read More

Lynas gets cash injection from Japanese partner

March 08, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipPutting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources The pricing will be at the higher of the five-day volume-weighted average price (VW...Read More

B2Gold has 2Mozpa sightline

March 08, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsB2Gold produced 1.03Moz in 2022. The C$1.Read More

Jefferies sees copper supply easing in the short term...

March 08, 2023 / www.mining-journal.com

The American bank warned investors "be ready for some near-term, supply-driven volatility" in the copper market.Read More

Alamos Gold hit EIA milestone for Lynn Lake

March 08, 2023 / www.mining-journal.com

The two significant milestones represent "a multi-year, collaborative effort by our team and our commitment to environmental sustainability," chief executive John McClusky said in a statement.Read More

Women in mining? Only if you're in admin.

March 08, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe first IWD was celebrated in 1911, although it was held later in the month. It was designed t...Read More

De Beers Sales Slow to $495m as Buyers Delay

March 08, 2023 / www.idexonline.com

(IDEX Online) - De Beers today announced slower sales during Cycle 2, down 24 per cent on last year, as uncertainty persists and many sightholders delayed purchases.   Total sales were $495m (provisional) compared with $652m during Cycle 2 of 2022. They were up nine per cent on the previous Cycle.   De Beers reportedly raised the prices of smaller goods at its latest sight, amid speculat...Read More

Diamond Sanctions: US and EU to Consult Industry Leaders

March 08, 2023 / www.idexonline.com

(IDEX Online) - US and EU officials are to consult diamond industry leaders on further measures against Russia for its "unprovoked war in Ukraine".James O'Brien, head of the Office of Sanctions Coordination in Joe Biden's administration, will seek the views of diamond retailers, manufacturers, laboratories, and industry trade associations.The US currently sanctions rough diamonds from Ru...Read More

January Surge in Hong Kong Watch and Jewelry Sales

March 08, 2023 / www.idexonline.com

(IDEX Online) - Hong Kong's sales of watches, jewelry, clocks and other valuable gifts leapt 23.1 per cent in January, buoyed by an early lunar Chinese New Year and Covid relaxations. It follows a yo-yo 2022, marked by dramatic monthly drops (-35.9 per cent in April) and increases (30.1 per cent in July). Sales for January 2023 were $566.8m, the highest figure for three years, according to th...Read More

First Quantum agrees Panama contract

March 08, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe company said it also provides legal protections necessary to both parties to ensure durabili...Read More

Mining Watch urges Colombia to exit international agreements...

March 08, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsMore than 220 organizations, with representation from groups involved in the defence of water, l...Read More

FPX gets Canada nickel test grant

March 08, 2023 / www.mining-journal.com

Natural Resources Canada has awarded the junior C$725,000 under the Government's Critical Minerals Research, Development and Demonstration (CMRDD) programme, designed to assist the development ofRead More

McKinsey's Hoffman highlights the "critical" in critical...

March 07, 2023 / www.mining-journal.com

Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metals"We produce about 1TW of batteries globally, and we need to get to 400TW. It shows the astronomi...Read More

REFILE-BHP eyes copper, nickel projects as it bypasses lithium

March 08, 2023 / www.kitco.com

(Corrects spelling of Rag in the last paragraph) By Divya Rajagopal TORONTO, March 8 (Reuters) - BHP Group Ltd onWednesday said it remains committed to growing its portfolio ofcopper and nickel projects but is not interested in the lithiummarket, which it believes is well supplied. The comments echo those the world's largest mining companymade in the past year and come as lithium prices have been...Read More

Codelco approve bill to close Ventanas

March 08, 2023 / www.mining-journal.com

This is the last hurdle to shut the smelter following the decision to close it on environmental grounds, made in June last year.Read More

Ero hits record copper and gold production

March 08, 2023 / www.mining-journal.com

Ero reported record full-year copper production of 46,371t in 2022, beating guidance of 43,000-46,000t. Ero produced 12,664t of copper in the fourth quarter of 2022.Read More

Tech Talk for Wednesday March 8th 2023

March 08, 2023 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. January U.S. Trade released at 8:30 AM EST was expected to increase to a deficit of $69.00 billion from a deficit of $67.40 billion in December. Actual was a deficit of $68.3 billionFederal Reserve Chairman Powell testifies on monetary policy in front of a House Committee at 10:00 AM EST....Read More

Can Gold Defeat the Big, Bad Dollar?

March 07, 2023 / dailyreckoning.com

With just a little more than nine trading weeks under our belt in 2023, gold is already becoming one of the most frustrating plays on the market.It's an impressive feat. After all, there's no shortage of clunky, broken trades in this market. Nearly two years of bear market action has effectively stripped investors of their conviction. We're now watching key battles break out at pivot points across...Read More

Sudbury nickel juniors build on region's history as a metal powerhouse

March 08, 2023 / www.northernminer.com

Amid an increasing demand for nickel, driven largely by the growing need for electric vehicle batteries, a handful of exploration companies are making their mark in Sudbury's historic and prolific nickel mining camp.Magna Mining (TSXV: NICU), SPC Nickel Corp. (TSXV: SPC) and Archer Exploration (CSE: RCHR), which all have properties in the region of northern Ontario, have announced a series of prom...Read More

First Quantum, government reach deal on Cobre Panama

March 08, 2023 / www.northernminer.com

First Quantum Minerals' (TSX: FM) shares rose Wednesday after the company said its local unit Minera Panama inked a draft concession contract with the Panamanian government for the Cobre Panama mine.The proposed agreement, which follows months of difficult negotiations, meets the goals the government outlined in January 2022 regarding government revenues, environmental protections, labour standard...Read More

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