Recent News

India Probes Alleged $200m Rough Diamond "Round-Tripping" Scam

April 04, 2022 / www.idexonline.com

(IDEX Online) - Allegations of a $200m rough diamond and foreign exchange scam involving customs officers in Mumbai are being investigated by India's Directorate of Revenue Intelligence (DRI), the Free Press Journal reports.The Mumbai-based newspaper says the DRI stumbled upon corrupt "hawala" transactions - money transfer without money movement - allegedly carried out with the connivance of...Read More

Slowdown in the IDEX Polished Price Index

April 04, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index rose steeply over a couple of days early in March, but declined steadily day by day during the rest of the month. The initial leap outweighed subsequent losses, so the Index closed up 0.54 per cent on the start of the month, setting another decade-high record.  But the trend since the 5th of the month has clearly been downwards...Read More

Rio avoids strike at US copper operation

April 04, 2022 / www.mining-journal.com

It followed seven weeks of negotiations and involves around 1,300 union employees at the copper complex which is near Salt Lake City.Read More

Dundee extends Chelopech's life

April 04, 2022 / www.mining-journal.com

"Our updated mineral reserve estimate is an indication of Chelopech's consistent track record of replacing mineral reserves, and we believe there is strong potential to continue this trend," president and CEO of Dundee David Rae said. The new life-of-mine plan predicts gold production in 2022 of 171,000oz, which is up from the previous plan's 158,000oz. There has been little change to 2023 an...Read More

Tech Talk for Monday April 4th 2022

April 04, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Twitter advanced $9.49 to $48.80 on news that Elon Musk has acquired a 9.2% interest in the company.Tesla gained $7.51 to $1092.10 after announcing record production in the first quarter. Constellation Brands added $1.29 to $235.00 after the Sands family proposed a switch to a single clas...Read More

Avalon partners with India's Essar Group to build Ontario lithium refinery

April 04, 2022 / www.northernminer.com

Ontario's strategic push to establish a fully integrated lithium-ion battery supply chain got a massive boost on Monday after Avalon Advanced Materials (TSX: AVL) reached an agreement with India-based Essar Group to fund and provide development support for a lithium refinery in Thunder Bay.Avalon and RenJoules International have partnered to co-develop a regional lithium battery materials supply c...Read More

Hemlo Explorers stock jumps 53% as Barrick weighs Pic earn-in

April 04, 2022 / www.northernminer.com

The Toronto-quoted equity of Hemlo Explorers (TSXV: HMLO) jumped more than 53% on Monday after the company revealed it had entered a binding term sheet with Barrick Gold (TSX: ABX; NYSE: GOLD) that will give Barrick a right to earn up to 80% of the Pic project in Ontario.Located 25 km west of Barrick's Hemlo mine, Barrick will have to deliver to Hemlo Explorers a pre-feasibility study within six...Read More

Lithion Recycling receives $22.5M funding from the Quebec government

April 04, 2022 / www.northernminer.com

Lithion Recycling has received $22.5 million in funding from the Quebec government, including a $15 million equity investment in the company's capital stock through Investissement Qu?(C)bec and $7.5 million in grants from the Fonds d'?(C)lectrification et de changements climatiques.Lithion also received funds totalling $125 million earlier this year from Quebec-based Fondaction, and from Korea's I...Read More

Belmont reports 150 metres of 0.7% copper at Lone Star in Washington state

April 04, 2022 / www.northernminer.com

Belmont Resources (TSXV: BEA) reported its longest intercept of copper mineralization to date from the ongoing 7,000-metre drill program at the Lone Star copper-gold project, operated by Marquee Resources (ASX: MQR). The project is situated in northern Washington state, near the Canada-U.S. border. The drill campaign is part of an option agreement that Belmont inked with Marquee in November,...Read More

Canada Nickel completes current drilling phase at Crawford, reports best interval to date

April 04, 2022 / www.northernminer.com

Canada Nickel Co. (TSXV: CNC; OTC: CNIKF) has completed the current phase of drilling at its flagship Crawford nickel sulphide project in Ontario, and is reporting assay results from 33 drill holes, including additional assays from the previously announced East Zone high-grade core discovery. A further 37 holes have been drilled at Crawford, with assays pending.The East Zone was originally defined...Read More

Centerra Gold hands Kumtor mine to Kyrgyzstan, ending dispute

April 04, 2022 / www.northernminer.com

Centerra Gold (TSX: CG) and the Kyrgyz Republic have reached an out-of-court settlement in which the Canadian miner agrees to hand control of its expropriated Kumtor operation to the country's government, ending an almost year-long dispute over the asset.The deal, to be announced by Kyrgyz President Sadyr Japarov on national television, will see Centerra to transferring ownership of the mine...Read More

Transgender Cyclist Booted From Women's Championship After Female Competitors Threaten Boycott

April 04, 2022 / marketsanity.com

The Daily Wire, Released on 4/4/22A biologically male cyclist who now identifies as female was barred from competing in a women's championship race this weekend, following threats Continue... Transgender Cyclist Booted From Women's Championship After Female Competitors Threaten Boycott added by Herman James on 04/05/2022View all posts by Herman James ?+'Read More

Russia Is Quietly Making the Case for Owning Gold

April 04, 2022 / marketsanity.com

Schiff Gold, Released on 4/4/22It's clear that gold is playing a large role in protecting Russian wealth.Continue... Russia Is Quietly Making the Case for Owning Gold added by Herman James on 04/05/2022View all posts by Herman James ?+'Read More

They've Secretly Raised Your Taxes

April 04, 2022 / dailyreckoning.com

Inflation is not a guessing game anymore; it's here. Every time you buy gas at the pump or groceries at the supermarket or book a plane ticket, the price increases are staring you in the face.The problem is that inflation cannot be isolated. It's not limited to what you pay to fill up your car, for example. Truckers have to pay the same higher prices for diesel fuel, which add to transportation co...Read More

Rickards: They've Secretly Raised Your Taxes

April 04, 2022 / marketsanity.com

Daily Reckoning, Released on 4/4/22Inflation is not a guessing game anymore; it's here. Every time you buy gas at the pump or groceriesContinue... Rickards: They've Secretly Raised Your Taxes added by Herman James on 04/09/2022View all posts by Herman James ?+'Read More

Nickel and copper: building blocks for a greener future

April 04, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will...Read More

Nickel and copper: building blocks for a greener future

April 04, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will...Read More

Nickel and copper: building blocks for a greener future

April 04, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will...Read More

Nickel and copper: building blocks for a greener future

April 04, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will...Read More

Newcore Gold - Webinar | Multi-Pronged Exploration Approach

April 04, 2022 / www.youtube.com

Webinar hosted by 6ix on March 31, 2022. Newcore Gold's Luke Alexander (President & CEO) along with Greg Smith (VP ...Read More

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