The feasibility is penciled-in for mid-2024, with the company likely to do an internal prefeasibility study before then to determine some of the key design parameters.Read More
"The exploration success we have had so far the two projects where we have pretty major drilling campaigns going has been the best in my career.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe company aims to increase from six drill rigs on site at the moment to get up to about 10 or 11 rigs by the end of the year. "The strategy is largely consistent with what we did last year.Read More
Look beyond market approach to project valuations: van ZylLeadershipNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe financing mechanism, which is based on 4.Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSteel firm Nucor expects third-quarter earnings to be in the range of US$6.30-$6.40 per diluted share, down 35% from net earnings of $9.67 per diluted share in the second quarter and $7.Read More
Earnings per share (EPS) of 30.25 cents was 49% higher than 20.28 cents year-on-year and 11% above market consensus.Read More
Around $200 million of the proceeds from the investment are expected to be used to advance the first phase of Great Salt Lake, representing around 75% of total phase-one funding needs.Read More
RAPAPORT... A fancy-intense-blue diamond was the top seller at a recent Sotheby's jewelry sale, bringing in a cool $1.4 million.A ring featuring the cut-cornered rectangular mixed-cut, 2.42-carat, VS1-clarity stone led the September 13 New York Important Jewels auction. The final price was within its presale estimate. The entire auction garnered $13.6 million, Sotheby's told Rapaport News Wednesda...Read More
RAPAPORT... US retail sales will rise by 4% to 6% year on year this holiday season as higher prices compensate for sluggish consumer sentiment, Deloitte predicted.Revenues will total $1.45 trillion to $1.47 trillion from November to January, the professional-services group projected Tuesday. E-commerce sales will grow by 13% to 14% for a total of between $260 billion and $264 billion.The over...Read More
RAPAPORT... The Watch & Jewellery Initiative 2030 (WJI) has admitted nine new members as it expands its work to ensure sustainability in the industry.Watchmakers A. Lange & S??hne, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, and Piaget have joined the program, as have jewelers Mattioli, Rubel & M?(C)nasch?(C) and Pandora as well as diamond supplier Dimexon, the organization said Tuesd...Read More
(IDEX Online ) - A jeweler in Texas, USA, has been jailed after he failed to deliver $3.9m of pre-paid Rolex watches to a customer.Santiago Mora, 40, was sentenced to 27 months in prison after pleading guilty at an earlier hearing to committing wire fraud.In an effort to pay the customer and others, Mora obtained a total $500,000 in merchant cash advances via wire transfer by impersonating and usi...Read More
(IDEX Online) - Britain's three biggest jewelry chains will all close their stores on Monday to mark the funeral of Queen Elizabeth.Beaverbrooks, Signet UK (H Samuel and Ernest Jones), and the Watches of Switzerland Group (Goldsmiths, Mappin & Webb and Watches of Switzerland) have more than 500 stores between them.Many smaller multiples and independent retailers will also remain closed fo...Read More
(IDEX Online) - Beyonce is starring in Tiffany & Co's latest campaign, Lose Yourself in Love, which the jeweler describes as an exploration of "fearless creativity."The American singer, songwriter, producer, and actress has been promoting the brand, together with husband Jay-Z, since April 2021. In the new campaign she models Tiffany Lock - the new, gender-neutral diamond bracelet -...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe charter aims to reduce the standard project permitting timeline with the ultimate aim of having the benefits of the mine development accruing to all parties sooner rather than later.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of the U.S. August Producer Price Index at 8:30 AM EDT. Consensus was a decrease of 0.1% versus a decline of 0.5% in July. Actual was a decrease of 0.1%. On a year-over-year basis, consensus for August PPI was an increase of 8.9% ver...Read More
"U.S. Consumer Prices Blow Away Expectations, Rise For 27th Straight Month"… "The Hottest U.S. Inflation in 40 Years Shows Little Sign of Cooling Off"… “Stocks Tank After August Inflation Data"…There is but a sample of today's fevered headlines.The August Consumer Price Index (CPI) came issuing this morning. It revealed that consumer prices increased 0.1% since July.We migh...Read More
U.S. Gold Corp. submitted its Permit to Mine Application and Reclamation Plan to the Wyoming Department of Environmental Quality, starting the formal steps for project review by Wyoming State Authorities CHEYENNE, Wyo., Sept. 14, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) a gold exploration and development company, today reported that it...Read More
As the energy revolution gathers momentum, so too intensifies the pressure from the investment community on miners to create net-zero emissions operations that produce sustainable upstream products feeding the new green economy, a panel heard during the Precious Metals Summit in Beaver Creek, Colo.According to Jamie Keech, executive chairman of Vida Carbon Corp., a pool of about US$39 trillion of...Read More
Quebec, more than any other province in Canada, has been ahead of the curve in working to join the EV economy. Its vast hydroelectricity infrastructure gives it an advantage in clean, low-carbon energy that is essential to "green" manufacturing, and it has supported the nascent battery industry with significant public investment. It was also the first to outline plans for critical minerals explora...Read More
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) has earmarked US$143 million to finish migrating its upstream mine waste storage facilities in Brazil, where two major tailings tragedies occurred in recent year, to dry-stack operations.The South African miner is investing close to US$42 per oz. on transforming its tailings dams built using the upstream method to comply with the country's new legal...Read More