Popular News

Danakali to cash out of Colluli

October 03, 2022 / www.mining-journal.com

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limited Shareholders are slated to get about $110 million of that distributed back to them, with the balance retaine...Read More

Worker dies at Lundin's Neves-Corvo

October 04, 2022 / www.mining-journal.com

The fatality occurred late local time on Friday, September 30, in what the company described as an "isolated incident underground" while the team member was operating a piece of mobile equipment.It follows almost two years to the day after a fatal accident claimed the life of another employee at the mine."It is with deep sadness that we report the tragic loss of a contractor colleague. Our thought...Read More

Business as usual in Burkina Faso following coup

October 03, 2022 / www.mining-journal.com

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedThe gold miner said the change in the political situation appeared to be due a disagreement within the Burkin...Read More

The LME has a Russia, China and US problem

October 03, 2022 / www.mining-journal.com

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limited  Last March it was a meltdown in nickel trading which hit the headlines with an explosion in the price...Read More

Israel Polished Exports More Than Double

October 03, 2022 / www.diamonds.net

RAPAPORT... Israel's diamond shipments jumped sharply in September, reflecting annual variation in the timing of the Jewish holidays as well as the return of the main Far East trade show.Polished exports more than doubled to $420 million from $197.5 million a year earlier, the country's Economy and Industry Ministry reported Monday. Volume rose 60% to 128,540 carats, with the average export p...Read More

Orangey-Red Diamond Sells for $1.8M

October 03, 2022 / www.diamonds.net

RAPAPORT... A richly colored diamond initially suspected to be treated soared past expectations at Heritage Auctions last week, fetching $1.8 million and setting a record for the Texas-based company.The round brilliant, 1.21-carat, fancy-orangey-red, I2-clarity stone went for 12 times its presale high estimate of $150,000, Heritage reported last week following the Thursday auction. Before the...Read More

IDEX Polished Price Index for September: Sixth Month of Consecutive Decline

October 03, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index suffered a sixth consecutive month of decline in September. It was down 2.34 per cent, the biggest drop since the Index started falling early in March. In August it fell by 2.31 per cent. The September decline was almost a straight line, much as it has been in recent months. The Index began falling in early March. It was down 2.1 per cen...Read More

Orange Phosphorescence Hints at Lab Grown Defect

October 03, 2022 / www.idexonline.com

(IDEX Online) - Tests on a lab grown diamond revealed an unexpected orange phosphorescence, a possible consequence of defects internal crystal plane.The CVD-produced 1.547 carat, emerald cut H / VS1 stone was submitted to the Gemological Science International (GSI) Lab in Mumbai for post growth treatment identification.Most CVD (Chemical Vapor Deposition) diamonds show an orange, red, blue and som...Read More

Jeweler Learns to Walk Again after Pistol-Whip Attack

October 03, 2022 / www.idexonline.com

(IDEX Online) - An attacker is seen emptying jewelry cabinets after brutally pistol-whipping the owner in Wilmington, Delaware, USA.The man, identified by police as Calvin Ushery, 39, repeatedly hit his victim in the head with a gun.The 68-year-old victim, a Korean American, collapsed to the floor and a surveillance camera shows Ushery climbing over the counter and stealing items. According t...Read More

Excitement as Alma Metals raises funds for more copper exploration

September 27, 2022 / www.mining-journal.com

Alma Metals managing director Frazer Tabeart expands on the level of excitement surrounding the copper explorer, thanks to the red metal's role in decarbonisation plus Alma's portfolio, which includes the advanced Briggs project in Queensland and the "lottery ticket" big win opportunity in the East Kimberley.Read More

Tech Talk for Monday October 3rd 2022

October 03, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Crude oil gained $2.35 to $82.84 on reports that OPEC + will reduce production by one million barrels per day when they meet this Wednesday.Celanese dropped $0.74 to $90.60 after Deutsche Bank lowered its target price from $140 to $110.Dupont eased $0.25 to $50.16 after Deutsche Bank lowe...Read More

Gatos Silver shares rise on revised reserve at Cerro Los Gatos

October 03, 2022 / www.northernminer.com

Gatos Silver (TSX/NYSE: GATO) shares rose almost 10% Monday despite the release of a revised update that reduced reserves at its Cerro Los Gatos (CLG) mine in northern Mexico by more than one third.The miner had previously announced an issue with its resources and reserve statement in January this year, noting that there were errors and overestimations in its 2020 technical report. Gatos said the...Read More

TNM Drill Down: Top gold assays for the week Sept 23-30

October 03, 2022 / www.northernminer.com

Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence (www.miningintelligence.com).TNM Drill Down Sept. 23-30, 2022.Great Boulder Resources (ASX: GBR), Lumina Gold (TSXV: LUM) and Superior Gold (TSX: SGI) led the drilling assay results for the week of Sept. 23 - 30 with proje...Read More

Minera Alamos estimates 111% IRR for Cerro de Oro gold project in Mexico

October 03, 2022 / www.northernminer.com

Minera Alamos (TSXV: MAI) has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in the central Mexican state of Zacatecas. Using a gold price of US$1,600 per oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.The life of mine all-in sustaining cost will be US$873 per oz., aver...Read More

Business as usual despite military coup, Burkina Faso miners say

October 03, 2022 / www.northernminer.com

Miners in Burkina Faso say operations have not been affected by spreading social unrest following an internal coup d'?(C)tat over the weekend that saw the country's president, Lt.-Col. Paul Henri Sandaogo Damiba, overthrown after only nine months in power.The change of leadership, and the second military coup of the year appears to have its roots in a disagreement within the Burkina Faso military...Read More

Mexican legislator calls for public release of mining companies' financial, environmental records

October 03, 2022 / www.northernminer.com

Mexican MP Adriana Bustamante Castellanos has presented an amendment to Article 7 of the country's Mining Law, which would allow for the public release of information regarding the production, processing and sale of minerals, as well as data on deposits' mineral reserves and mining and metal companies' financial statements. Under the current Mining Law, private mining companies can keep such in...Read More

WD-40 Co. Has Dominated the Lube Market, but for How Long?

September 28, 2022 / www.outsiderclub.com

By now you probably already know the story behind WD-40.If not, the short of it is WD-40 was originally developed in the 1950s to lubricate and prevent corrosion of machine parts on naval ships.Later it was used as a de-icer for intercontinental ballistic missiles (ICBMs) and a million other things. The name "WD-40" stands for "Water Displacement, 40th formula."But what you might be surprised to l...Read More

Eldorado Gold gains on exploration update

October 04, 2022 / www.mining-journal.com

Eldorado has completed over 85,000 metres of exploration drilling and remains on track to complete the planned 2022 drilling program of 140,000 metres, the firm said in an update on drill results.Read More

Uranium Energy discovers high-grade uranium at Christie Lake, Saskatchewan

October 04, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Uranium Energy Corp. [UEC-NYSE American; U6Z-FSE] reported a new discovery of high-grade uranium at its 82.77%-owned Christie Lake Project, located in the eastern Athabasca Basin of northern Saskatchewan, Canada.Christie Lake is a growth-oriented, high-grade resource-stage project, strategically situated 9 km along strike of Cameco's McArthur River Mine and is of...Read More

Celente: Whoe Blew Up Nord Stream Pipeline?

October 04, 2022 / marketsanity.com

Trends Research, Released on 10/4/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More

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