(IDEX Online) - The Asian Institute of Gemological Sciences (AIGS) has launched what it believes is the first standardized color code for aquamarine.It aims to introduce third-party objectivity in a gemstone market where the all-important color is often described with ambiguous terms such as greenish blue or blue.The AIGS Santa Maria color code takes its name from the legendary Santa Maria de Itab...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) reports $25m sales from its June rough tender, up from $20m in April, but well below the company's $75m record in March.Around 30 per cent of goods, all from southern African mines, remained unsold in Dubai, amid what the company described as a mood of "cautious optimism".Smaller goods - in short supply because of sanctions on Alrosa - were in h...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesTanzania, Mozambique, and Madagascar are amongst east African states that have attracted investment in critical min...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe dam elimination program, which began four years ago, has already cost the company $857 million of the $4 billio...Read More
(Adds union statement about detained workers and suspension oftalks) By Natalia A. Ramos Miranda and Fabian Cambero SANTIAGO, June 22 (Reuters) - Workers at Chilean state-ownedmining giant Codelco, the world's largest copper producer,launched a major strike on Wednesday to protest the closure of asmelter over environmental issues, though the governmentdownplayed the impact on operations. The Feder...Read More
The company listed on June 20 and on June 21 had a share price of C$0.15 (US$0.12) and market capitalization of C$11.03 million.Read More
The Ootsa measured and indicated resources now stand at 439 million tonnes grading 0.32%, which is up 96% compared to a 2016 estimate.The update also shows 138 million tonnes grading 0.28% CuEq in the inferred category.The MRE update is based on a drill hole database of about 152,000 metres of drilling, including about 50,000 metres drilled since 2018. The pit constrained resources are at both the...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 61 points in pre-opening trade. Investors are waiting for testimony on monetary policy by Federal Reserve Chairman Powell to Congressional leaders today and tomorrow starting at 10:00 AM EDT. The Canadian Dollar was virtually unchanged at US77.06 cents following release of Canada's May Consumer Price Index at 8:30 AM...Read More
Copper is essential for the global shift towards decarbonization. However, declining ore quality, mine closures, and the absence of additional investment in new copper supplies could lead to a significant shortfall over the coming decades. Below are eight companies exploring and developing new sources of the red metal.ATEX RESOURCESThe LF230 rig drills hole ATXD-17 in the foreground with hole ATXD...Read More
Collective Mining (TSXV: CNL) has reported the discovery of a new copper-gold-silver deposit at its Guayabales project in Caldas, Colombia. Drillhole APC-1, the first diamond drill hole to test the Apollo deposit and among its eight porphyry-related targets, returned an intercept of 87.8 metres grading 0.88 gram gold per tonne, 61 grams silver and 0.39% copper starting from 291.60 metres, includi...Read More
De Beers, the world's top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs demand.The Anglo American unit sold US$650 million of diamonds in its fifth sale of 2022, slightly up from US$604 million at the previous event this year, but higher than the US$477 million it sold this time last y...Read More
Hudbay Minerals (TSX: HBM; NYSE: HBM) has wrapped up mining activity at the 777 zinc-copper mine in Flin Flon, Man., after 18 years of steady production. Closure activities at the mine, where reserves have been mined out, have begun, and employees and equipment are transitioning to the company's operations in Snow Lake."777 was a state-of-the-art mine that represented the pinnacle of a century of...Read More
As part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has begun preliminary discussions with the government of Quebec to build a new cobalt refinery in B?(C)cancour, Que., that will integrate with an emerging battery materials park in the province.Electra has been focused on creating Nor...Read More
Chilean state-owned copper producer Codelco, the world's largest, was hit on Wednesday by a nationwide strike against the miner's decision to close permanently an allegedly polluting smelter in the country's central zone.Unions demand that, instead of shutting down Ventanas, the company upgrades it. Codelco's decision followed an environmental incident that saw dozens of people fall ill, the mine...Read More
A gunman who stole necklaces worth 2 million baht from a Bangkok gold shop on Saturday was attempting to make up for his massive losses in cryptocurrency trading, police said on Sunday.Read full newsRead More
FPX Nickel (TSXV: FPX; OTC: FPOCF) has executed a new development memorandum of agreement (MOA) for the Decar nickel district with Binche [...]Read full newsRead More
One might think Russia's troubled invasion of Ukraine - which has cost thousands of lives, damaged the global economy, and spiked energy prices - would be a cautionary tale for China...But in actuality, that couldn't be further from the truth.China has been telegraphing a move on its renegade province for years now, and we're finally nearing the point of no return. Just look at the way the stage...Read More
Share this articleVANCOUVER - Patriot Battery Metals Inc. [PMET-CSE, PMETF-OTCQB, R9GA-FSE] shares rallied Thursday after the company released results from the last four drill holes to be reported from the 2022 winter drill program at the Corvette - FCI gold-copper-silver-lithium project in the James Bay Region of Quebec.The results include some of the strongest drill intersections to date, includ...Read More
Check out this headline...Can you imagine that?Powering the entire globe by beaming solar power down from space?Yeah, I can't imagine it either.You know why?Because it's stupid.Here's how it works...A power station captures sunlight in space, converts it into microwave beams, and then transmits those beams to a receiver station on Earth where those beams are converted back to electricity.Researche...Read More
Wall Street Silver, Released on 6/23/22Michael Pento, well-known money manager, joins us to discuss the Fed's latest moves. He also explains how Gold and Silver will launch after a liquidity crisis.Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed...Read More