Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaSirius was acquired by Anglo American...Read More
Gold Fields will revise its dividend policy to enable it to declare an interim and final dividend in respect of each financial year, based on 30-45% of normalised attributable earnings,Read More
Orla produced a record 25,672 ounces in the second quarter, keeping the firm on course to meet 2022 guidance of 90,000-100,000 ounces.Read More
The acquisition price represents a 43% premium over Great Royalties' 20-day volume weighted average trading price on the TSX Venture exchange up to and including July 8, and values Great BearRead More
RAPAPORT... Sales bounced back at India's Titan Company last quarter as the market stabilized following disruption resulting from Covid-19.Jewelry revenue jumped 207% year on year for the three months ending June 30, the retailer reported last week. Sales of watches and wearables leaped 158%, while CaratLane, Titan's e-commerce jewelry brand, saw growth of 207%. The company, which owns the Ta...Read More
The ambition was outlined by Barrick chief executive Mark Bristow on a visit to the firm's North Mara and Bulyanhulu operations in the east African country on July 10.Read More
RAPAPORT... Major jewelry outfits from Stuller to Graff have already fallen prey to cyberattacks, so it's only a matter of time until smaller jewelers become the next victims of digital fraud. Many may remember reports of Stuller's cyberattack in 2020 that shut down phones and delayed shipments, and then Graff's ransomware attack in 2021 breached customer names and addresses. "Big retailers s...Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical minerals Both men exited their coveted...Read More
RAPAPORT... Signet Jewelers saw its position soar on a 2022 National Retail Federation (NRF) list of the top 100 retailers, which ranks companies based on annual sales.The retailer - the only jewelry specialist to make the list - came in at number 66 after rating 78th last year, the NRF data showed last week. In 2020, Signet just cracked the list at 98. The jeweler owns a number of banners, includ...Read More
(IDEX Online) - A jewelry store employee was shot in the chest after confronting armed raiders in Illinois, USA.His condition was described by local media as critical but stable following the attack at Reichman Jewelers (pictured), in Oak Lawn.Police say three masked male black offenders entered the store, pulled out guns and disarmed the security guard, on 1 July.They then started smashing displa...Read More
(IDEX Online) - Swiss watchmaker Richard Mille has launched the world's thinnest mechanical watch.It has a profile of just 1.80mm, shaving 0.05mm - about the thickness of a human hair - off the previous record holder, Bulgari's Octo Finissimo Ultra.The Richard Mille RM UP-01 Ferrari Ultra-Thin is the culmination of countless prototypes and more than 6,000 hours of R&D and laboratory...Read More
(IDEX Online) - China's diamond trade declined by over 46 per cent in the first half of this year, as Shanghai was hit by a two-month long Covid lockdown.Total transactions for all rough and polished diamonds were $2.056bn from January to June.That's down from $3.82bn in the same period during 2021, according to the Shanghai Diamond Exchange (SDE), when China reported record high imports...Read More
A Reuters analysis of power demand data supplied to mine, which can be used as a close proxy of mining activity, shows that power use levels had returned to normal after a slump in power use from lateRead More
"After a period of considerable support from Power Metal Resources, we are now in a position to regain complete ownership of our crucial prospecting licences in the Kalahari Copper Belt and at Ditau. On completion of the transaction, Kavango will become one of the largest landholders for copper exploration in Botswana," Kavango's CEO Ben Turney said.The terms of the proposed agreement sees Kavango...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points in pre-opening trade. Index futures responded to news of more shutdowns in China due to a spread of a COVID 19 variant. Twitter dropped $1.98 to $34.883 after Elon Musk terminated his takeover offer for the company. Stifel Nicolaus lowered its target price from $54.20 to $30.00Lululemon fell $12.38 to $281.8...Read More
Spread the lovePRIVATE BLOG - Gold into the 3rd QuarterPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Building a net-zero economy is critical, but using fossil fuels still will be necessary for decades to come, said Pierre Lassonde, co-founder of Franco-Nevada on June 8 in Toronto at the Mining Legends Speaker Series, organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals."[Oil and gas are] going to be with us for the next 100 years," Lassonde said at the...Read More
Leading precious metals streaming company Royal Gold (NASDAQ: RGLD) has signed a definitive agreement to acquire all of the issued and outstanding shares of Great Bear Royalties (TSXV: GBRR) for a cash consideration of $6.65 per share. The acquisition price represents a 43% premium to GBR's 20-day volume weighted average trading price on the TSX Venture Exchange up to and including July 8, valuing...Read More
Shares of EV Nickel (TSXV: EVNI) jumped more than 50% in morning trading as the company's latest drill results from its Shaw Dome project in Timmins, Ont., intersected high-grade nickel sulphide.Highlights from the drill results included 14.30 metres grading 1.50% nickel starting from 311.8 metres in drillhole EV22-12, including 5.40 metres grading 2.96% nickel; and 5.50 metres grading 1.33% nicke...Read More
Mining companies that embrace digital transformation can reduce their costs, boost profits, and improve safety and environmental performance, according to Mark Leach, vice-president of business technology services for Cameco (TSX: COO; NYSE: CCJ).He says that digitalization "allows work processes to be streamlined, and provides the data necessary for better decision-making and improving operationa...Read More