This junior is trying new ways to involve the local population in its project, hoping to take "environmental, social, and governance" considerations to a new level.Magaly Rodriguez/Libero Copper and Gold Corp.In the corporate world, ESG stands for "environmental, social, and governance," and is used broadly as a kind of shorthand for community relations.For some companies, it's an afterthought and...Read More
After four months in the red, was the $18-an-ounce range the bottom?by David Morgan of The Morgan ReportHave We Hit The Bottom For Silver? | https://www.themorganreport.comAfter almost four months in the red, silver has had its worst crash since the pandemic, hitting a two-year low in the $18-an-ounce range on July 14.But is that the bottom?Watch this video on Have We Hit The Bottom For Silver?,...Read More
The company aims to drill some 26,500m drilling this year before resource cut-off date in October which will bring the project total up to more than 50,000m as it targets a maiden resource of 45-55Read More
The feasibility outlines a plan to batch process the 8 grams per tonne Manh Choh ore through Kinross' Fort Knox mill, which the major said means the project will proceed without having to permit,Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningRio, Winning Consortium Simandou (WCS) and the Guinean government have incorporated La Compagnie du...Read More
Performance was boosted by the first full quarter of production from the Kirkland Lake Gold acquisition, which lifted output 71.Read More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDAnglo American posted underlying earnings before interest, taxes, depreciation, and amortization (EB...Read More
"The increase in readily accessible, lower cost capital reflects the Company's growth and maturity and provides increased financial flexibility as we focus on delivering value to our shareholders inRead More
OzAurum drilling for a golden futureSPONSOREDozaurum resourcesShallow, high-grade ounces continue for Alto at SandstoneSPONSOREDalto metalsStandout ESG credentials position Trigg to capture investor attentionSPONSOREDtrigg miningMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDMultiple events connect the big two of miners to Ukraine, even though neither has direct exposure.Read More
News: Trading centers quiet with Belgium shutting for August summer break. Polished prices declining as demand drops and inventory rises. US dealers resilient despite economic caution. Consumer confidence down in July amid inflation concerns and higher interest rates, Conference Board says. Fed raises rates 0.75%. Rough premiums cool after strong 1H. Cutters maintain low polished production. De Be...Read More
RAPAPORT... De Beers' revenue rose by almost a quarter in the first half of 2022, but the miner gave a more somber outlook for the rest of the year as polished demand has slowed. "We can only have strong rough sales if that's also coupled by what's going on on the polished side," De Beers chief financial officer Sarah Kuijlaars told Rapaport News on Thursday. "The polished position was very s...Read More
RAPAPORT... The Gemological Institute of America (GIA) has begun accepting submissions for a new service providing consumers with source verification for diamonds.Leading manufacturers sent the first polished diamonds to the GIA's Source Verification Service in early July, the institute said Wednesday. GIA-graded diamonds with confirmed origin information will be available to consumers when the in...Read More
RAPAPORT... Kering reported strong jewelry sales during the first half of 2022, led by a recovery in North America and Europe.The group's Boucheron and Pomellato jewelry houses delivered "very solid performances," outweighing weaker results from Qeelin, which was affected by the health situation in China in the second quarter, Kering reported Wednesday.Sales at Kering's "other houses" segment - wh...Read More
(IDEX Online) - A flamboyant pastor and his wife were robbed at gunpoint of $1m of jewelry as he delivered his Sunday sermon at a New York church.Police are investigating a complaint by Lamor Miller-Whitehead, who goes by the title bishop, at the Leaders of Tomorrow church, in Brooklyn.He says a raider brandishing a gun took off his bishop's ring and chain, his wedding ring, an chains he...Read More
(IDEX Online) - Lucara has announced the death of its founder and former chairman Lukas Lundin at the age of 64, after a two-year battle with brain cancer.He was the driving force behind the Canada-based Lundin Group of Companies, which employs 15,000 people globally in energy and mining.And in 2007 he established Lucara, the diamond mining company that owns the Karowe mine in Botswana. It is know...Read More
(IDEX Online) - Fugitive diamond merchant Jatin Mehta, wanted in India over sophisticated $1bn fraud, has found living an "expensive lifestyle" in Britain and has had his assets frozen by a court there.He is alleged to have been behind a scam to defraud a gold bullion and jewelry manufacturer and a diamond company in India, using a complex web of companies in the UAE, Britain, Singapore and I...Read More
"Unfortunately, our earnings were affected by significant provisional pricing adjustments given the late-quarter decline in base metal prices," the company's president and CEO Peter Rockandel said.The company has also revised down its 2022 production guidance, while lifting its cash cost forecasts.Lundin's total copper production guidance now stands at 250,000-274,000 tonnes, down from the previou...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade. U.S. equity index futures moved lower following first release of the second quarter real GDP report. Consensus was an increase of 0.3% versus a drop of 1.6% in the first quarter. Actual was a drop of 0.9%.Ford gained $0.84 to $14.03 after reporting higher than consensus second quarter r...Read More
Canada's lithium supply response is expected to post strong growth through 2031 and outperform the U.S., a new analysis by Fitch Solutions Country Risk & Industry Research suggests.Canada's current solid project pipeline, prospective investments into petroleum brine production techniques in Alberta, and a fast-growing battery and electric vehicle (EV) manufacturing base in Quebec and Ontario provi...Read More
ATAC Resources (TSXV: ATC; OTC: ATADF) has updated the resource at its Osiris deposit, part of its 100%-owned Rackla gold property in central Yukon, incorporating 7,800 metres of drilling in 20 additional holes completed since the previous 2018 resource.A significant portion (43%) of the 2018 inferred resource has been converted to the indicated category, which now totals 732,000 oz. gold at an av...Read More