SailingStone's rejection could potentially lead to a higher offer if other minority shareholders also reject Rio Tinto's offer.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"No one is against the companies, but we are looking for distinct economic models.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points in pre-opening trade. U.S. equity index futures moved higher following release of the August Employment Report at 8:30 AM EDT. Consensus for August non-farm Payrolls was a drop to 318,000 from revised 526,000 in July. Actual was 315,000. Consensus for August Unemployment Rate was unchanged from July at 3.5%....Read More
Details of how the federal government plans to spend its multi-billion dollar Critical Minerals Strategy will be announced sometime in the Fall, says Natural Resources Canada.The Strategy was announced in April as part of Budget 2022 and earmarks up to $3.8 billion over eight years starting in 2022-2023 to advance critical mineral exploration, development and supply chains.In an email to The North...Read More
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR), is ready to put the brakes on Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion takeover of the Canadian miner as it says the offer does not "adequately compensate" minority shareholders.Rio Tinto announced on Thursday it had reached an in-principle agreement with Turquoise Hill to...Read More
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has released new drill results from three of the five Colomac Centre deposits at its Colomac project in the Northwest Territories, about 200 km north of Yellowknife.Colomac Centre contains the Grizzly Bear, Colomac Main, Goldcrest, 24 and 27 deposits. The project also has four higher grade satellite deposits: Kim, Cass, Damoti and Treasure Island.Highlights...Read More
Maverix Metals (TSX: MMX; NYSE-AM: MMX) is acquiring 22 royalties from Barrick Gold (TSX: ABX; NYSE: GOLD) including a 1% royalty on Skeena Resources' (TSX: SKE; NYSE: SKE) Eskay Creek gold-silver project in British Columbia for US$50 million in cash and a contingent consideration of up to US$10 million.The contingent payment will be broken down into three payments within six years of closing: US$...Read More
Australia's Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date.The diamond was found at the same alluvial mining block as the Lulo Rose, a 170-carat pink-coloured diamond believed to be the largest of its kind found in Angola in 300 years.Lucapa has a 40% stake in the Lulo mine, w...Read More
An international team of researchers has pinpointed a dramatic shift in the composition of rocks making up earth's continents that was driven by the primitive vegetation trapping mud on land, stopping it from washing down rivers and out into the sea.The discovery was made by linking the fossil record of plants with archives of environmental change, and with records of the chemical composition of t...Read More
New drill results from this Idaho project also showed there is at-surface mineralization of higher grades than the average of the current resource, noted a Desjardins report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB), through drilling at its Black Pine project, confirmed that one, the CD and Discovery zones are connected and, two, that gold mineralization, graded higher than the average grade of th...Read More
Low silver prices sure don't feel good, but they're hitting the Comex and the LBMA in London much harder than they're hitting the stackers...by Rafi Farber via Arcadia EconomicsLow silver prices sure don't feel good, but they're hitting the Comex and the LBMA in London much harder than they're hitting the stackers.As of this week, 100 MILLION ounces of silver have been drained from the Comex regis...Read More
We are now proud partners with Kinesis.Chief Commercial Officer Jai Bifulco joins us to explain advantages of the Kinesis platform.Read full newsRead More
We are now proud partners with Kinesis.Chief Commercial Officer Jai Bifulco joins us to explain advantages of the Kinesis platform.Read full newsRead More
We spoke with Joel Crane, Investor Relations Manager for Cobalt Blue Holdings, Limited (ASX: COB), an exploration and development company, focused on green energy technology solutions and the development of the Broken Hill Cobalt Project, in the far west of New South Wales. Cobalt is a strategic metal, and it is in strong demand for new generation batteries, particularly lithium-ion batteries, now...Read More
New results from this area between two deposits show greater widths and consistent grades when compared to previously reported intercepts from there, noted a National Bank of Canada report.Liberty Gold Corp.'s (LGD:TSX; LGDTF:OTCQB) latest drill results from the F zone at its Black Pine project "show continuity between two previously distinct pits," one in the Discovery zone, the other in the CD z...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Peter's experience in running large and complex business across many different markets, as well as his considerable experience in the metals and mining industry, makes him ideal to take over theRead More
RAPAPORT... Lucapa Diamond Company has recovered a 160-carat, high-quality rough from its Lulo mine in Angola, the sixth-largest stone the deposit has yielded.The company found the type IIa diamond at the same alluvial mining block from which it unearthed a 170-carat pink - the Lulo Rose - in July, Lucapa said last week. The new addition marks the 28th diamond over 100 carats from Lulo.Recently, L...Read More
RAPAPORT... The International Gemological Institute (IGI) has added a cut grade to its reports for loose fancy-shaped diamonds that will assess the influence of cut quality on light behavior.IGI will offer the new category to manufacturers as an optional feature for the first six months, it said last week. The lab originally piloted the fancy-shape cut grade, which will be implemented at all 20 of...Read More
RAPAPORT... Hong Kong's hard-luxury sales rebounded in July as the job market improved, giving shoppers more spending power.Sales of jewelry, watches, clocks and valuable gifts jumped 28% year on year to HKD 4.08 billion ($519.4 million) for the month, the municipality's Census and Statistics Department reported last week. The figure was also strong compared to the same period the previous year, w...Read More
(IDEX Online) - A Swedish firm is selling diamond-encrusted versions of the Apple Watch 7, with a $15,000 price tag.Golden Concept says it will make a limited edition of just seven. Each watch features a special case, carved from a titanium block and set with 443 diamonds with a total weight of four carats.The company, which describes itself as an aftermarket electronic customization service, says...Read More