IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth minerals Stories are doing the rounds that CEO Duncan Wanblad and his team are casting a slide rule over t...Read More
(IDEX Online) - Petra's rough sales tally was down by almost 40 per cent at its latest tender. In March the UK-based miner sold 735,222 carats for $140.6m. In April it sold 635,806 carats for $86.1m, down by 38.8 per cent.Like-for-like rough diamond prices decreased by almost a quarter (23.7 per cent). Like-for-like prices at its March tender were up 37.6 per cent on December 2021.Per-ca...Read More
(IDEX Online) - Christie's New York is to auction a 103.49-ct diamond with a high estimate of $18m.The Light of Africa Diamond is a D color, flawless, Type IIa emerald-cut from the iconic Cullinan mine, in South Africa.It will lead the New York Magnificent Jewels sale on 8 June, as part of Christie's Luxury Week.The diamond (pictured) was cut and polished in South Africa from a 299.3 car...Read More
(IDEX Online) - Jewelry and watch sales in the US slowed suddenly in March. They were still growing, but at just 8.5 per cent year-on-year, compared with 28.4 per cent in February. Growth in March was the slowest we've seen since January 2020, during the very early days of the pandemic. Year-on-year growth peaked last April - up by an unprecedented 218 per cent - indicating strong...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsAnglo American said it is examining the details of the decision and expects to continue following...Read More
NGM holds three tier-one gold mines (Turquoise Ridge, Carlin and Cortez) within ten underground and 12 open pit mines, two autoclave facilities, two roasting facilities, four oxide mills, a flotationRead More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsA countrywide shortage of labour, skilled and unskilled, had a significant effect on mine producti...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Avis advanced $19.44 to $300.00 after reporting a swing to a first quarter profit. Clorox dropped $2.98 to $140.30 after lowering earnings guidance.Expedia gained $2.69 to $177.50 after narrowing its first quarter loss.Devon Energy added $1.60 to $59.95 after announcing a dividend increase a...Read More
Artemis Gold (TSXV: ARTG) has moved closer to the start of construction at its Blackwater gold project in British Columbia with the award of a $312-million, engineering, procurement, construction and commissioning (EPC) contract for the processing plant and associated infrastructure to Sedgman Canada. The contract is expected to be executed by June 30, this year. Construction of the plant, whi...Read More
This week's episode features Global X director of research Rohan Reddy in conversation with host Adrian Pocobelli on mining stocks, market sentiment, the dollar and precious metals. Reddy suggests that mining stock valuations are suffering because of jurisdicitional risk and he expects the rally in uranium to maintain itself based on low supplies.All this and more with host Adrian Pocobelli.Music...Read More
The Mining Association of Canada's (MAC) Community of Interest Advisory Panel has selected the Gahcho Ku?(C) mine, owned as a joint venture between De Beers Group and Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVDF), and Copper Mountain Mining (TSX: CMMC) to receive this year's prestigious Towards Sustainable Mining (TSM) Excellence Awards in recognition of their innovative sustainability p...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has said that the Phase 3 expansion at its Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC) will increase its annual copper production to about 600,000 tonnes by the fourth quarter of 2024, making it the world's third-largest copper mining complex. Commercial production at the operation began on July 1, 2021, with Phase 2 produc...Read More
South Africa's Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater's (JSE: SSW; NYSE: SBSW) local gold mines.Amcu general secretary, Jeff Mphahlele, tells The Northern Miner the union and the rival National Union of Mineworkers (NUM) met with Sibanye-Stillwater on May 2 for another round of...Read More
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Blair Schultz Joins Board Of DirectorsNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Canex Metals Inc. (Read full newsRead More
Sarama Resources Ltd. ("Sarama" or the "Company") (ASX: SRR, TSX-V: SWA) advises that an Investor Briefing will be held via webcast following the Company's commencement of trading on the Australian Securities Exchange ("ASX") on 2 May 2022. Sarama's President, CEO & MD, Andrew Dinning, will provide ...Read full newsRead More
Stagflation isn't coming.It's already here.Inflation hit 8.5% in March, making for the fastest 12-month pace since 1981.And the Commerce Department reported yesterday that the U.S. economy contracted by 1.4% on an annualized basis through the first three months of 2022. That's a far cry from the 7% percent growth experienced in the final three months of 2021, and the weakest quarter since the spr...Read More
Ken Norquay notes that small investors can move in and out of markets without disturbing a thing. Large investors can't. Our plans should take this into account.Today the press is highlighting the Russian invasion of the Ukraine. Last month it was convoys of protesting truckers and the prime minister's declaration of an emergency. Maybe next month it will be China invading Taiwan. Or the FED raisi...Read More
US Senator Martin Heinrich, a member of the Senate Energy and Natural Resources Committee, has introduced the Clean Energy Minerals Reform Act.Read More
Share this articleVANCOUVER - Iamgold Corp [IMG-TSX, IAG-NYSE] is facing a sharp rise in the estimated completion costs at its Cote gold construction project, which is located north of Sudbury OntarioThe warning is contained in the company's financial and operating results for the first quarter of 2022, which were released after the close of trading on May 3, 2022. Iamgold also said its current Ch...Read More