Recent News

Christie's to Offer 76ct. Heart-Shaped Diamond

May 17, 2022 / www.diamonds.net

RAPAPORT... A 76.46-carat diamond necklace is expected to fetch up to $6 million at the upcoming Christie's New York Magnificent Jewels sale.The piece features a heart brilliant-cut, D-color, VVS2-clarity, type IIa diamond center stone, accompanied by 46 stones of the same shape ranging from 0.46 to 3.03 carats. It will be one of the top items at the June 8 jewelry auction, Christie's said last we...Read More

BHP bets big on Canada potash

May 17, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discovery"We are making good progress and we're looking at potential to accelerate Jansen Stage 1 first production into 2026," Henry said. This wo...Read More

Podcast: The Forgotten Art of Detection

May 17, 2022 / www.diamonds.net

RAPAPORT... With Covid-19 and the war in Ukraine dominating headlines in recent years, it's easy to forget that undisclosed synthetics once ranked among the biggest threats facing the diamond industry. But while the number of cases may have dropped, the threat of fraudsters mixing lab-grown in parcels of natural remains, notes Trevor Poulter, product group manager for identification and classifica...Read More

Manufacturing Slowdown Is Likely, Sarine Says

May 17, 2022 / www.diamonds.net

RAPAPORT... The Russia crisis and India's summer break have led to a moderate drop in manufacturing that is likely to intensify in the coming months, Sarine Technologies said after reporting a decline in first-quarter sales."I'm not sure [I] can say there is a significant slowdown, but there is a slowdown, part of it probably because of the vacation, part of it because of Russian goods," Sari...Read More

The West's lithium fight back

May 17, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryAnother own goal, this time by the entire Western world, is how complacent we've been in allowing China to dominate the lithium-ion batte...Read More

Jewelers Braced for Global Melee Shortage, says Cleaver

May 17, 2022 / www.idexonline.com

(IDEX Online) - Sanctions on Russian diamonds could force jewelers to amend their designs, say De Beers boss Bruce Cleaver, as they struggle to source enough melee.Alrosa, part-owned by the Russian government, produces a disproportionate percentage of the world's stones under 0.2-cts (the GIA's definition of melee).As a result, designers may have to find other ways to accentuate the larg...Read More

Says current drop in copper prices will be briefCopper News

May 17, 2022 / www.mining-journal.com

"If there's a decline in copper prices, my belief is that it will be short-lived, because we really do have big deficits on the horizon and markets are tight now [with] relatively low levels ofRead More

Base metals mainly up in London, potential rebound under way

May 17, 2022 / www.metalbulletinresearch.com

Base metal prices on the London Metal Exchange were mainly firmer on the morning of Tuesday May 17 – the exception being tin. Those on the Shanghai Futures Exchange were more mixed.• The slide in China’s renminbi yuan has halted for now, as has the dollar’s climb• China’s industrial production fell by 2.9% in April• US Empire State manufacturing index double dipp...Read More

Musk sees US 'probably' in recession

May 17, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryThe owner of a string of firms including electric vehicle maker Tesla warned of up to 18 months of economically difficult times.Read More

Tech Talk for Tuesday May 17th 2022

May 17, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 Index futures advanced 54 points in pre-opening trade.Index futures were virtually unchanged following release of U.S. April Retail Sales at 8:30 AM EDT. Consensus was an increase of 1.0% versus a gain of 0.7% in March. Actual was.a gain of 0.9%. Excluding auto sales, April Retail Sales were expected to increase 0.4% versus a gain of...Read More

U.S. Gold Corp. to Participate in A.G.P.'s Virtual Series on May 19th

May 17, 2022 / www.usgoldcorp.gold

Hosted by A.G.P./Alliance Global Partners Managing Director & Head of Metals & Mining ResearchCHEYENNE, Wyo., May 17, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), announced that it is scheduled to present at A.G.P.'s Virtual Series, being held on May 19, 2022 at 11 am ET.The event will be hosted by Managing Director & Head of M...Read More

VRIC: US, Canadian companies set to soar on Russian uranium ban

May 17, 2022 / www.northernminer.com

U.S. and Canadian-based uranium companies are set to soar on a looming Russian production ban in the Western world, GoldSilver.com's senior precious metals analyst, Jeff Clark, told an industry event in Vancouver on May 17."Uranium is already in a bull market," he told the VRIC conference. "Yes, those prices have come down just like the others have, but for fundamental key reasons such as supply-d...Read More

VRIC: Metals scarcity could slow energy transition

May 17, 2022 / www.northernminer.com

While the movement to an electrified future is already picking up pace, it will be much slower than some of the optimistic projections in the market today, CPM Group founder and MD Jeffrey Christian told an industry event in Vancouver.He took silver as a prime example, pointing out that hundreds of millions more oz. of silver would need to be produced to keep up with the projected linear magnitude...Read More

VRIC: Quality companies are investors' best bet when valuations get low

May 17, 2022 / www.northernminer.com

Virtually every mining stock in the market today, whether a major or a junior's, has been off between 10% and 40% over the past few weeks, making anything one buys 'seem like a bike,' says independent exploration geologist Brent Cook."I don't buy that," he told the VRIC in Vancouver on May 17.According to the seasoned investor and co-founder of the Exploration Insights newsletter, retail investors...Read More

Critical Elements produces battery grade lithium hydroxide in Rose project pilot

May 17, 2022 / www.northernminer.com

Critical Elements Lithium (TSXV: CRE; US-OTC: CRECF) has converted spodumene concentrate from its Rose project in northern Quebec into battery grade lithium hydroxide using a thermal leaching process in a pilot program, the company said. The company had announced similar results in October 2018 when a pilot program demonstrated extraction rates of 93%, surpassing the world average of 70-75%. Thi...Read More

The Northern Miner Podcast - episode 291: 'Generational opportunity' in Africa but governance remains a challenge, ft Henry Lazenby on Mining Indaba

May 17, 2022 / www.northernminer.com

This week's episode features Northern Miner senior reporter Henry Lazenby in discussion with host Adrian Pocobelli on this year's Mining Indaba conference in South Africa. He outlines the huge opportunity for Africa to play a pivotal role in producing the world's green metals, but also the difficulties with corrupt governance, the 'resource curse', and faltering infrastructure.All this and more wi...Read More

Mountain Province discovers kimberlite in three target areas at Kennady North

May 17, 2022 / www.northernminer.com

Mountain Province Diamonds (TSX: MPVD; OTC: MPVD) has released interim exploration results for its 100%-held Kennady North project in the Northwest Territories, consisting of over 1,070 sq. km of claims and leases that completely surround its 49%-held Gahcho Ku?(C) diamond mine, operated by 51% owner De Beers.The 2022 exploration program is focused on finding new kimberlites based on a detailed an...Read More

Electric vehicles surpass phones as top driver of cobalt demand

May 17, 2022 / www.northernminer.com

Electric vehicles (EVs) overtook smartphones and other high-tech devices for the first time last year as the main driver of cobalt demand, with the sector consuming 59,000 tonnes of the battery metal or 34% of the total globally.According to a report published on Tuesday by the Cobalt Institute, cellphones manufacturers consumed 26,000 tonnes of the metal used in lithium-ion batteries, while lapto...Read More

Champion Iron acquires pellet plant Quebec, partners with steelmaker on FS

May 17, 2022 / www.northernminer.com

Champion Iron (TSX: CIA; US-OTC: CIAFF) has entered into a definitive purchase agreement to acquire the Pointe Noire iron ore pelletizing facility located in Sept-??les, Que., directly adjacent to the port facilities that the company currently uses. The plant was commissioned in 1965 with an original pelletizing nameplate capacity of 6 million tonnes per year, but was put on care and maintenance i...Read More

Osisko VP Maggie Layman on the roots of exploration success: Exclusive interview at the Mining Legends Speaker Series

May 17, 2022 / www.northernminer.com

The Mining Legends Speaker Series kicked off with an inaugural in-person event in Vancouver featuring mining entrepreneur and Canadian Mining Hall of Fame inductee Ross Beaty and rising talent Maggie Layman, vice-president exploration of Osisko Development (TSXV: ODV).?EUR? Organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals, the series pairs CMHF indu...Read More

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