In terms of the expected cost of coal sales, Alpha is guiding to a range of US$106-$112.00t for metallurgical coal next year, reflecting inflation led by higher labour and supply costs.Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe legislation would impose a contract on four railroad unions and end a threat...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSOREDLondon is awash with rumours of a bidding war between Jiangxi, the largest coppe...Read More
(IDEX Online ) - A platinum necklace with 104.84 carats of D-color diamonds sold for $5.9m at Christie's Hong Kong Magnificent Jewels Sale.It was the top lot in an auction that netted a total of over $46m.Just over $11m of that was from the sale of 51 pieces from a collection including Cartier, Buccellati, Bulgari, Van Cleef & Arpels, Louis Vuitton, and Boghossian that belonged to retired...Read More
(IDEX Online) - Lucara has announced increased forecasts for 2023 diamond sales and recoveries.The Canadian miner expects to sell $200m to $230m from its 100 per cent owned Karowe mine, in Botswana, an increase on it 2022 forecast of $185m to $215m.It forecasts sales of 385,000 to 415,000 carats (up from 300,000 to 340,000 carats in 2022) and expects to recover 395,000 to 425,000 carats (an increa...Read More
(IDEX Online) - Over 1,000 high-end watches, with an estimated value of over $10m, have been stolen from a safe deposit facility in Berlin.They were being stored by Watchmaster, one of Europe's largest pre-owned watch traders, mostly on behalf of customers who were selling them.Many of the watches were Rolex, Patek Philippe, Omega, Audemars Piguet and Breitling, according to the company'...Read More
(IDEX Online) - Australian miner Newfield Resources says it has secured finance to expand the development of its Tongo Diamond Mine, in Sierra Leone.It has entered into an asset purchase and sales agreement with New York-based DelGatto Diamond Finance Fund (DDFF), at a time when miners globally are struggling to attain credit. Details of the arrangement were not disclosed.Newfield took over Tongo...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSORED"At this stage the eventual outcome clearly remains uncertain," RBC Capital Mark...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade.The Canadian Dollar slipped 0.15 to US73.92 cents following release of Canada's September real GDP report at 8:30 AM EST. Consensus for the third quarter was an annualized gain of 1.5% versus a gain of 3.3% in the second quarter. Actual was a gain of 2.9%.Bank of Nova Scotia (BNS.TO $71.46...Read More
This week's podcast features Christelle Kupa, a sustainable finance expert and global impact investor with experience spanning international banking, sustainable investing for developing countries, with a strong focus in Africa. Christelle is the CEO of Uhusiano Capital, which she founded in 2016 to facilitate better business in the African impact investing sector, with a particular interest in ag...Read More
Endeavour Mining (EDV; LSE: EDV; US-OTQX: EDVMF) says it is likely to discover 3.5 to 4.5 million indicated oz. gold at the cornerstone Ity mine in C??te d'Ivoire by 2025.The Africa-focused gold major already found 2 million oz. in the past two years.Endeavour released an updated mineral resource estimate for Ity on Tuesday, for the first time incorporating satellite discoveries into a global reso...Read More
Eloro Resources (TSXV: ELO; US-OTCQX: ELRRF) might be looking at a giant "bonanza style" polymetallic discovery at its Iska Iska silver-tin deposit in southern Bolivia, the company said on Tuesday.In releasing the latest results from eight diamond drill holes at Iska Iska, CEO Tom Larson said a series of holes extended the deposit's high-grade feeder zone strike length.Reconnaissance holes DSB-38...Read More
The latest results from drilling at Cassiar Gold's (TSXV: GLDC; US-OTCQX: CHLCF) Taurus deposit in the Cassiar North area of northern B.C., confirm the project's bulk-tonnage potential, the Calgary, Alta.-based company says.According to Cassiar's CEO, Marco Roque, the assay results from six holes drilled this summer demonstrate similar grades and apparent thickness as drill holes used in the 2022...Read More
New Found Gold's (TSXV: NFG) high-grade Queensway project in central Newfoundland may be fundamentally altered after surprising drilling results from a zone it nearly dismissed. This week the Vancouver-based company reported diamond drill hole NFGC-22-960 at the Keats West area intersected 42.6 grams gold per tonne over 32 metres. That followed last week's 18.6 grams gold per tonne over 15.95 me...Read More
Shares in Murchison Minerals (TSXV: MUR; US-OTC: MURMF) shot up 50% Tuesday on near-surface, high-grade drill results from its Haut-Plateau de la Manicouagan (HPM) nickel property in Quebec.The explorer reported assay results from a single hole from its summer 2022 drilling program at the Barre de Fer (BDF) zone, located about 266 km north of Baie Comeau.The highlight from BDF is hole BDF22-002, w...Read More
HighGold Mining (TSXV: HIGH, US-OTC: HGGOF) has reported assay results from four infill and expansion drill holes completed at the JT deposit, part of the company's Johnson Tract polymetallic project in south-central Alaska that holds an indicated resource of 1 million gold-equivalent oz. at 9.4 grams per tonne.The latest drilling focused on gaps between inferred resource domains and step-outs at...Read More
Osisko Mining (TSX: OSK) has delivered a positive feasibility study for its high-grade Windfall gold project in Quebec that outlines average annual production of 306,000 oz. of gold over a 10-year mine life.The numbers for Windfall, located in Urban Township, Eeyou Istchee James Bay, Que., all point toward a successful underground, dual ramp-access project with an on-site mill. According to the f...Read More
Australia's Fortescue Metals Group (ASX: FMG) has named former Woodside Energy (ASX: WDS) executive Fiona Hick as its new chief executive officer, effective February 2023.With the appointment, the iron ore miner ends a year-long search for a leader to replace current CEO Elizabeth Gaines, who will remains on Fortescue's board as a non-executive director.Hick, who began her mining career at Hamersl...Read More
USA Watchdog, Released on 11/29/22Renowned geopolitical and financial cycle expert Charles Nenner said, back in September, the markets would sink and then go back up. Both calls happened right on time. What does Nenner see now? Nenner says, "Two days ago, we started to take profits again. So, we are not that bullish. . . . The public we have now do not understand bear markets. . . . They don't und...Read More
Liberty and Finance, Released on 11/29/22Central banks are holding more gold than in nearly a half century. And European central banks are encouraging the ownership of gold. "Gold is going to be the underpinnings of a new system," says Andy Schectman, CEO & president of Miles Franklin, and he notes it is imperative to own gold to prepare for a new system.0:00 Intro2:24 Whistleblower interview6:15...Read More