Lower copper production of 14.9 million pounds in the second quarter, because of the scheduled annual maintenance shutdown, resulted in a higher-than-normal quarterly cash cost of US$2.Read More
Mining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDEclipse Metals to Explore Rare Earth Potential of Historic Greenland MineSPONSOREDeclipse metals ltdThe iconic Humber Bridge significant to Humberside regionSPONSOREDpensanaHomegrown and future-focused: a battery and critical metals discovery in the USASPONSOREDstill waters critical mineralsThe latest chapter in the long-runnin...Read More
RAPAPORT... Mountain Province has reduced its output guidance for the Gahcho Ku?(C) mine in Canada amid a Covid-19 outbreak at the site and other challenges.The miner now expects to produce between 5.6 million and 5.8 million carats of rough in 2022, compared with its previous forecast of 6.2 million to 6.4 million carats, it said Tuesday. A reduction in the availability of the processing plant as...Read More
RAPAPORT... A Van Cleef & Arpels Zip necklace originally designed for Wallis Simpson was the breakout star of the most recent Christie's Paris jewelry sale, raking in nearly three times its high estimate.Created in 1951, the diamond and ruby piece sold for EUR 819,000 ($820,005), smashing its EUR 300,000 ($300,368) upper estimate and setting a new world record for a Van Cleef & Arpels Zip...Read More
RAPAPORT... Iris Van der Veken, former head of the Responsible Jewellery Council (RJC), will lead an organization established by a consortium of luxury brands to promote sustainability in the jewelry industry.Cartier, part of Richemont, and Kering launched the Watch & Jewellery Initiative 2030 (WJI) as a collaboration to drive three core sustainability goals: building climate resilience, prese...Read More
(IDEX Online) - The CEO of Kareevlei, the South African mine owned and operated by BlueRock Diamonds, is reportedly stepping down after output was badly hit by rain.It hampered access to high-quality kimberlite, forcing the mine to use lower grade ore and delaying roll-out of its mining development plan.Processing production was down by 36 per cent - or 400,000 tonnes - on forecasts for April and...Read More
(IDEX Online) - Mountain Province Diamonds says total revenue for the last quarter were $76m - the second highest in the company's 36-year history.The Canadian diamond miner, which operates Gahcho Kue (pictured), in Northwest Territories, in a joint venture with De Beers, said the market remained strong and it was on track with its refinancing and strategic objectives. It sold 586,763 carats...Read More
(IDEX Online) - Iris Van der Veken, who quit the Responsible Jewellery Council (RJC) in March, was today appointed as head of a new group that promotes sustainability in the watch and jewelry industries.The Geneva-based Watch & Jewellery Initiative 2030, established last October by Cartier and Kering, will focus on building climate resilience, preserving resources and fostering inclusiveness.V...Read More
It follows a series of protests at mines across the region by community groups in recent months, most visibly during two months at Chinese state-controlled firm MMG‘s Las Bambas copper mine inRead More
The production comes ahead of the firm receiving final regulatory clearance for commercial operations to begin, Anglo American said.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Gap Stores dropped $0.30 to $8.46 after the company's Chief Executive Officer stepped down. The company also lowered second quarter guidance. Wells Fargo lowered its target price from $16 to $10.Pepsico added $1.32 to $171.79 after reporting higher than consensus second quarter revenues...Read More
Completed assaying of 2021 drilling program continues to confirm gold and copper mineralization beyond the current resource estimateCompany remains on track to complete the next development steps for the CK Gold Project and submit Permit to Mine application to Wyoming DEQ during 3rd quarter 2022CHEYENNE, Wyo., July 12, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our"...Read More
This week's episode features a summer chat with Northern Miner Group president Anthony Vaccaro, event producer Laura Daly, and host Adrian Pocobelli. Anthony and Laura discuss their experiences at PDAC as well as big events coming up this fall by The Northern Miner and others.All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky", "Western Adventure" a...Read More
Tartisan Nickel (CSE: TN; US-OTC: TTSRF) has announced results of a positive preliminary economic assessment for its flagship Kenbridge nickel project, adjusting the mine plan to focus solely on mining resources from underground. Located in the Kenora mining district of northwestern Ontario, the Kenbridge project currently has an existing shaft to a depth of 622 metres.The PEA indicates a nine-yea...Read More
Meridian Mining (TSXV: MNO; US-OTC: MRRDF) has reported the discovery of a new high-grade gold vein at the northwest extension of its Caba??al copper-gold project at Mato Grosso in west-central Brazil, ahead of the project's new resource estimate planned for September.The high-grade gold vein returned an intercept of 16.7 grams gold per tonne,3.6 grams silver per tonne and 2.2% copper over 2.3 met...Read More
ESG is something that needs to be integrated into the business rather than something on the side, and has evolved from "nice to have" to "must have," said Orix Geoscience co-founder Ashley Kirwan on June 8 at the Mining Legends Speaker Series, organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals."I think employees have good opportunities to drive that ch...Read More
Saskatchewan-focused uranium developer Denison Mines (TSX: DML; NYSE: DNN) has received approval to prepare, construct and operate the facilities required to carry out the feasibility field test (FFT) planned for the Phoenix deposit - the first deposit identified for in-situ recovery (ISR) mining in the Athabasca Basin region.The approval was granted by the Saskatchewan Minister of Environ...Read More
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) says its 25%-ready Grota do Cirilo lithium project in Brazil will benefit from a presidential decree issued last week allowing unrestricted trade of any products containing the battery metal.The Brazilian government has simplified foreign trade procedures on the export of lithium and its derivatives by eliminating the requirement to solicit quotas and expor...Read More
Anglo American (LSE: AAL) said on Tuesday it had begun producing copper concentrate at its US$5.5 billion Quellaveco mine in Peru. The mining giant, which has a 60% stake in the mine, earlier this year forecast the copper project will produce between 100,000 and 150,000 tonnes in 2022, boosting the company's overall copper production for the year to between 680,000 and 760,000 tonnes.First ore...Read More
Bank of America warns weak steel demand will mean "further room to the downside" for iron ore prices."In our view, with our base case of annual crude steel production in China dropping by 6% year-on-year, we could theoretically justify a decline in iron ore prices to $80 per tonne, given historic relationships between steel production and iron ore prices," the bank stated in a July 12 research not...Read More