RAPAPORT... De Beers' 2022 Diamond Insight Report focused on the importance of brands - no coincidence given the miner's own emphasis on its consumer-facing labels in the past couple of years. Jewelry from a trusted name commands a significant premium, and this trend goes hand in hand with an increased interest in the corporate values behind products, the company explained.Last Thursday, Rapa...Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedNext month'...Read More
(IDEX Online) - Mountain Province has reported the highest quarterly revenue - CAN $111m / USD $81m - since it was founded in 1986.The Canadian miner, which jointly operates the Gahcho Kue mine with De Beers Canada, said the Q3 figure was up nine per cent on Q2 2022."Improving production performance, coupled with our very strong financial performance during the quarter places the company in a stro...Read More
(IDEX Online) - A Graff ring set with a 41.36-carat Type IIa diamond is to be sold by Christie's Geneva with a high estimate of $5m.The square emerald-cut gem is described as "D colour, VVS1 clarity, potentially Internally Flawless, excellent polish and symmetry."It is set in a platinum ring together with tapered baguette-cut diamonds, signed by the London-based jeweler Graff.The ring will be...Read More
(IDEX Online) - Pandora's distribution center in Hamburg, Germany, has been damaged after a fire broke out in the roof.The Danish jewelry giant said it has yet to fully assess the extent of damage to the building and to its inventory, but said nobody had been hurt.The warehouse, on Hans-Dunker-Strasse, serves as Pandora's European distribution center. The company said: "Other...Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedLula has pr...Read More
The need to revise the guidelines is the result of discussions between the firm and YESAB on how to address changes in assessment methods, environmental best practices, and enhancements to the CasinoRead More
(Updates prices) By Peter Hobson LONDON, Oct 31 (Reuters) - Copper prices fell on Mondayas rising COVID-19 cases and weaker-than-expected manufacturingdata in top consumer China raised concerns over demand weakness. COVID restrictions are affecting factories in numerousChinese cities and the yuan fell to its weakest since 2007,making dollar-priced metals costlier for local buyers. Benchmark coppe...Read More
Codelco, the world's largest copper producer, posted output of 1.063million (M) tonnes in the first nine months of this year, 10.4% lower than during the same period last year.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade.Emerson Electric added $0.57 to $87.97 after the company reported higher than consensus fiscal fourth quarter results. The company also announced sale of a division for $9.5 billion.Keurig Dr. Pepper slipped $0.72 to $38.83 after Truist downgraded the stock from Hold to Sell.DoorDash sli...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK) has expressed its "extreme disappointment" at a U.S. Transportation and Infrastructure House Committee report that recommends asking the attorney general to investigate alleged false statements by the company to Congress.The Canadian proponent of the controversial Pebble copper-gold project in southern Alaska said in a statement Monday that...Read More
A new Brazilian government under president-elect Luiz In??cio Lula da Silva could mean more environmental responsibility, according to a group representing the mining cities of the country.Leftist former Brazilian President Lula was elected on Sunday for a third presidential term, winning over far-right incumbent Jair Bolsonaro."In the last four years, there has been a reduction in environmental p...Read More
Welcome to our weekly feature, TNM Drill Down, focusing on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.Australia was responsible for producing this week's top-two drill assays. Westgold Resources (ASX: WGX) announced on Oct. 26 that it had intersected bonanza grades at its Paddy's Flat target on the Meekatha...Read More
Robert Friedland-led Ivanhoe Electric (TSX: IE; NYSE-AM: IE) expects to update the resource estimate for its flagship Santa Cruz copper project in Arizona in January.Santa Cruz's current resource (December 2021) at a copper cut-off grade of 0.39%, stands at 274 million indicated tonnes grading 0.93% copper for 2.5 million tonnes of contained copper and 248.8 million inferred tonnes grading 0.91% c...Read More
The mining industry relies on a relatively small number of giant deposits to fuel growth - and new discoveries of this nature are few and far between.A ranking of the world's 10 richest working base and precious metal mines was compiled by calculating the aggregate value of mineral resources based on ruling prices, using data from sister company Miningintelligence.Number 1 on the list, Norilsk Nic...Read More
A new financing package brings Nevada Copper (TSX: NCU; US-OTC: NEVDF) closer to restarting and ramping-up its troubled Pumpkin Hollow underground copper mine in Nevada.Pumpkin Hollow consists of two fully permitted projects - an underground mine and processing facility, now in the production stage, and an open-pit project, which the company is advancing towards a feasibility study.Key components...Read More
Canadian precious metals miner PureGold Mining (TSXV: PGM; LSE: PUR) has applied for an initial order for creditor protection from the Supreme Court of British Columbia, having considered its cash position, debt repayments and forecast revenue.The cash-strapped miner kicked off in July a corporate review that sought to decide whether to sell the company, merge with a peer, divest its flagship gold...Read More
Sanu Gold (CSE: SANU), a Vancouver-based exploration company, isn't wasting time or money. Three months after listing on the Canadian Securities Exchange, the company has announced assay results from the first holes of an initial reverse circulation (RC) drill program on its Daina Gold Exploration Permit in Guinea's prolific Siguiri Basin.Sanu has three properties in northeast Guinea totalling 280...Read More
Mike Larson: Gold, Silver,Read full newsRead More
I'm going to go out on a limb and defend the Adidas company. But before you cancel me, just hear me out for a minute...Adidas got put into a dilemma - a "damned if it does and damned if if doesn't" situation - that was going to cost the company hundreds of millions of dollars with any decision it made.If you've followed the news or social media over the past few days, you probably know the story:...Read More