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Suitors line up for Shanta Gold

October 19, 2022 / www.mining-journal.com

"Whilst discussions are continuing with each party, there can be no certainty that an offer will be made, nor as to the terms on which any offer might be made.Read More

US DOE provides US$2.8B for critical minerals

October 19, 2022 / www.mining-journal.com

Funding will be used to build and expand commercial-scale facilitiesin 12 US states to extract and process lithium, graphite and other battery materials, manufacture components, and demonstrate newRead More

Albemarle, Piedmont get US funds for lithium

October 19, 2022 / www.mining-journal.com

The grant funding from the Department of Energy (DOE) is intended to support a portion of the anticipated cost to construct a new, commercial-scale lithium concentrator facility at Albemarle's KingsRead More

Chow Tai Fook Sales Get Boost from Local Market

October 19, 2022 / www.diamonds.net

RAPAPORT... Retail sales at Hong Kong-based jeweler Chow Tai Fook rose 26% year on year in the second fiscal quarter as strong demand from local consumers outweighed weakness in tourist spending.The mainland China business drove the growth during the three months ending September 30, as did higher-value sales of gold jewelry, according to data the company released last week. Hong Kong sales a...Read More

Luk Fook Sales Jump Amid Drop in Gold Price

October 19, 2022 / www.diamonds.net

RAPAPORT... Hong Kong-based jeweler Luk Fook enjoyed a sales boost in the second fiscal quarter as a decline in gold prices spurred consumer demand.Same-store sales - at self-operated shops open for at least a year - jumped 40% for the three months ending September 30 compared with the same period of 2021, the company reported Tuesday.The yellow metal's value has tanked in dollar terms since...Read More

UBS sees more US Federal Reserve hikes

October 19, 2022 / www.mining-journal.com

UBS expects a 75 basis points (bps) rate hike at the November FOMC meeting, a 75 bps rate hike at the December FOMC meeting and a 50 bps rate hike at the February, 2023 meeting.Read More

Rio Tinto Reveals First Jewelry Under Argyle Brand

October 19, 2022 / www.diamonds.net

RAPAPORT... Rio Tinto has debuted an AUD 6 million ($3.8 million) ring, the first piece of jewelry from its Argyle Pink Diamonds brand.The ring, named the Argyle Romantica, contains 3.42 carats of pink, red and blue diamonds from the miner's Argyle deposit in Western Australia, which closed in November 2020, Rio Tinto said last week. The jewel was created by Singapore-based jeweler John Glajz, one...Read More

Cost of Jagersfontein Diamond Tragedy "Nears $30m"

October 19, 2022 / www.idexonline.com

(IDEX Online) - The cost of the Jagersfontein tailings dam collapse will be close to $30m, says Richard Spoor, a South African activist and human rights attorney.He is representing 30 of the families living in the shadow of the former De Beers diamond mine who suffered when homes were swept away by a mountain of grey sludge that killed at least two people."I've been advised by the farmers and...Read More

Bidding for 303-ct Yellow Diamond to Start at $1

October 19, 2022 / www.idexonline.com

(IDEX Online) - The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, is to be sold without reserve at Sotheby's New York. Bidding for the Golden Canary Diamond will start at just $1 on 7 December -  a deliberate move by the auction house to provoke fierce bidding - but is expected to reach its high estimate of $15m. It has been re-cut from...Read More

US Jeweler Shoots Dead Two Robbery Suspects

October 19, 2022 / www.idexonline.com

(IDEX Online) - Police say the owner of jewelry shop in Florida, USA, shot dead two robbery suspects.Officers responded to an incident at responded to the Magic Mall, on West Colonial Drive, Orlando, just before noon on Friday 14 October.They found one person dead at the scene after the owner opened fire. At least one of the alleged raiders is said to have been armed.A second suspect escaped in a...Read More

UPDATE 3-Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

October 19, 2022 / www.kitco.com

(Adds Biden quote) By David Shepardson and Ernest Scheyder WASHINGTON, Oct 19 (Reuters) - The Biden administrationsaid on Wednesday it is awarding $2.8 billion in grants to boostU.S. production of electric vehicle batteries and the mineralsused to build them, part of a bid to wean the country offsupplies from China. "By undercutting U.S. manufacturers with their unfairsubsidies and trade pra...Read More

Antofagasta warns on 2023 guidance

October 19, 2022 / www.mining-journal.com

  Antofagasta's September quarter production results put copper production at 181,900t for the quarter, 40% higher than Q3 2021, and 450,600t for the nine-month period, which is 17% lower thanRead More

Worker shot dead near Capstone's Cozamin

October 19, 2022 / www.mining-journal.com

The incident happened on the main access road between the city and the mine.Read More

Analysts favour BHP over Rio after quarterly results

October 19, 2022 / www.mining-journal.com

Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedIron ore production was up 1% quarter-on-quarter and 3% year-on-year to 65.1 million tonnes as the new South Flan...Read More

Rickards: Here's Who Wins the Midterm Elections

October 18, 2022 / dailyreckoning.com

There's less than three weeks to go until the critical midterm elections.With so much on the line, what is the likely outcome? Will Republicans retake the House and the Senate? Perhaps one? Neither?In today's issue I'll try to sort it all out for you.Polls are often considered the easiest way to understand what's going on, so we need to look at them.But polling techniques are full of flaws. They o...Read More

Heritage Mining Ltd. Provides Field Program Update

October 19, 2022 / bit.ly

(TheNewswire) Final Sampling Results from 2022 Summer Check Sampling Program and Channel Sampling Program Underway VANCOUVER, BC TheNewswire - October 19, 2022 Heritage Mining Ltd. (CSE:HML) (Read full newsRead More

Mining stocks deep in the red

October 19, 2022 / www.mining-journal.com

The share prices of the seven senior gold stocks, including Barrick Gold, Newmont, Agnico-Eagle Mines and Newcrest Mining, are down an average of 30% so far this year.Read More

Why Poland Will Transition From Coal to Solar and Wind

October 20, 2022 / www.energyandcapital.com

By 2036, the coal resources required to run the coal-fired Belchatow power station in Poland will run dry.This, by the way, is the largest coal-fired power plant in Europe, which means this is not a trivial issue.So lawmakers and analysts are now trying to figure out what to do when, in less than 15 years, there will no longer be enough coal to keep the plant operational. Unsurprisingly, renewabl...Read More

Investing in Solar-Powered Electric Cars

October 20, 2022 / www.energyandcapital.com

I got into a bit of an online spat yesterday with a guy who took to Twitter to post lies and misinformation about electric vehicles (EVs).Of course, this isn't new.This has been happening since the first Tesla Roadster hit the media streams.There are literally thousands of people who to this day still want electric cars to fail.This is quite bizarre when you look at just how fast the electric vehi...Read More

Dr. Ladapo (Surgeon General Of Florida) Warns: Do Not Give The Vaccine To Your Children

October 20, 2022 / marketsanity.com

X22 Report, Released on 10/20/22Dr. Ladapo earned an MD and a PhD in Health Policy from Harvard University; he has served as a professor of medicine at New York University and the University of California, Los Angeles. Dr Joseph A. Ladapo is the surgeon general of Florida. Dr. Ladapo begins the conversation with why he decided to the opposite of Fauci and the CDC. Dr. Ladapo came out with a new st...Read More

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