Popular News

Burgundy to acquire Ekati diamond mine

March 14, 2023 / www.mining-journal.com

Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Iris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limited'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesBu...Read More

Guinea government strikes deal on Simandou's future...

March 14, 2023 / www.mining-journal.com

'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Wo...Read More

Southern Silver excited by high-grade prospects at...

March 14, 2023 / www.mining-journal.com

Southern Silver's VP of operations Robert McDonald talks to Mining Journal about the progress of drilling at its flagship and the potential for new discoveries in New MexicoRead More

The UK is failing to build a critical minerals skills...

March 14, 2023 / www.mining-journal.com

The report calls for the UK government to "clearly explain the connection between critical minerals with climate change and outline its commitment to supporting responsible supply chains to raiseRead More

Good, bad and ugly in Zimbabwe

March 14, 2023 / www.mining-journal.com

Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Iris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limited'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesLo...Read More

Surge in Belgian Imports of Russian Diamonds

March 14, 2023 / www.idexonline.com

(IDEX Online) - Belgium's imports of Russian diamonds in January rose by 36 per cent year-on-year, according to the government-run Belgian Foreign Trade Agency (BFTA).Rough imports were ???EUR? ?132m ($141m) in January 2023, compared with ???EUR? ?97m ($104m) in January 2022, just before Russia invaded Ukraine.The US imposed sanctions on Russian diamonds but the 27 EU nations did not, and Bel...Read More

Nirav Modi Can't Afford His Legal Bills

March 14, 2023 / www.idexonline.com

(IDEX Online) - Former billionaire diamantaire Nirav Modi can't afford the legal bill for his failed appeal against extradition.He appeared via videolink at a court in London last week over non-payment of $180,000 for his legal representation.Last November, Modi, 51, (pictured) lost his last-ditch appeal against extradition to India, where he is accused of fraudulently using letters of undert...Read More

US$7 billion project comes to fruitionCopper News

March 14, 2023 / www.mining-journal.com

Mongolian prime minister Luvsannamsrain Oyun-Erdene joined Rio chief executive Jakob Stausholm 1.3km underground yesterday to celebrate the milestone. Rio recently paid US$3.Read More

The Fed Finally Broke Something

March 14, 2023 / dailyreckoning.com

It's often said that the Fed raises interest rates until something breaks. Well, something has broken.The collapse of Silicon Valley Bank (SVB) has really thrown Jay Powell and the Fed for a loop.Just last week, Powell issued some very hawkish testimony before Congress about the need to maintain an aggressive stance against inflation. Markets were even factoring in an 80% chance of a 0.50% rate hi...Read More

Don't Let a Good Bank Run Go to Waste

March 14, 2023 / dailyreckoning.com

I began my trading week by waking up to a long list of banks plummeting into the abyss as a whiff of panic spread beyond the walls of the Silicon Valley Bank implosion.Everyone's still groggy from the weekend time change - but that hasn't stopped friends and relatives from blowing up my phone with countless market meltdown questions...Are stocks going to crash?What happens next?What should I do?Th...Read More

The Northern Miner Podcast: Global South sees growing credibility problem in the West, ft Paul from The Sirius Report

March 14, 2023 / www.northernminer.com

This week's episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul explains why the Global South is becoming increasingly skeptical of Western positioning and policies and how this fits into a larger global trend toward de-dollarization. He also discusses the bankruptcy of Silicon Valley Bank and how it feeds into...Read More

Newcrest, Newmont set to talk as Newcrest outlines more mining potential

March 14, 2023 / www.northernminer.com

A month after Newcrest Mining (TSX: NCM; ASX: NCM) rejected a US$17-billion takeover bid from Newmont Mining (TSX: NGT; NYSE: NEM), the two are to discuss a potential deal, Australian Financial Review reported on Monday.The two gold miners reportedly signed non-disclosure and standstill agreements, enabling the companies to meet in person and consider the price required for a deal to get off the g...Read More

Australian Burgundy buys Canada's largest diamond operation, Arctic Canadian

March 14, 2023 / www.northernminer.com

Burgundy Diamond Mines (ASX: BDM) is buying debt-burdened Arctic Canadian, owner of Canada's largest gem workings, the Ekati mine, to become one of the world's biggest diamond operations. The purchase price is US$136 million, composed of US$21 million in stock, US$15 million in cash, and Burgundy will cover US$100 million in debt owed by Arctic Canadian, it said in a news release on Tuesday. Th...Read More

Volkswagen chooses Ontario for first battery plant outside Europe

March 14, 2023 / www.northernminer.com

Volkswagen, Europe's largest automaker, announced Monday its plans to set up an electric vehicle (EV) battery manufacturing plant in St. Thomas, Ont.The facility will be established by Volkswagen's battery maker subsidiary PowerCo, the Wolfsburg, Germany-headquartered company said in a news release.The plant will be PowerCo's first cell factory in North America and its third worldwide behind facil...Read More

New Found Gold soars on new drill results from Iceberg discovery

March 14, 2023 / www.northernminer.com

New Found Gold (TSXV: NFG, NYSE-AM: NFGC) has added vertical dimension to the new Iceberg discovery at its 100%-owned Queensway project in Newfoundland with a high-grade intercept of 49.7 grams gold per tonne over 29.9 metres drilled below the discovery holes.Shares of New Found Gold soared nearly 17% by market close Monday following the news. The company has a market capitalization of $998 millio...Read More

$GBX - Taking My Lumps With Greenbrier.

March 15, 2023 / seekingalpha.com

Greenbrier reported financial results since I bought back last January. The results were not great in my view. Check out my activity for GBX stock now.Read full newsRead More

Too Much Of A Good Thing.

March 15, 2023 / seekingalpha.com

Intel announced a reduction of its quarterly dividend, from $0.365 dividend per share to $0.125 - a cut of 66% and a saving of $4 billion a year.Read full newsRead More

$BODY - The Beachbody Company, Inc. (BODY) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

The Beachbody Company, Inc. (NYSE:NYSE:BODY) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ETCompany ParticipantsBruce Williams - Managing Director, ICR Investor RelationsCarl...Read full newsRead More

$GROV - Grove Collaborative Holdings, Inc. (GROV) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

Grove Collaborative Holdings, Inc. (NYSE:NYSE:GROV) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ETCompany ParticipantsAlexis Tessier - Director-Investor RelationsStuart...Read full newsRead More

$PRCH - Porch Group, Inc. (PRCH) Q4 2022 Earnings Call Transcript.

March 15, 2023 / seekingalpha.com

Porch Group, Inc. (NASDAQ:NASDAQ:PRCH) Q4 2022 Earnings Conference Call March 14, 2023 5:00 PM ETCompany ParticipantsLois Perkins - Head-Investor RelationsMatt Ehrlichman - Chief Executive...Read full newsRead More

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