Vale holds an 80% interest in Hu'u project owner Sumbawa Timur Mining with Indonesia's ANTAM owning 20% where it plans to deliver a pre-feasibility study in 2024 looking at a production scenarioRead More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Harvest sold 70,200 tonnes of its KP Fertil product in the first three months of 2022, from the Arapu&aac...Read More
Fernando said that while extreme measures have been proposed, such as the nationalisation of mining, Fitch expects such proposals to be moderated as the constitutional process advances.Read More
The mining claims around Iskut are not being purchased for development or their mineral potential.Read More
RAPAPORT... Consumers care about their jewelry being environmentally responsible, even if it means paying more, according to Platinum Guild International (PGI).Some 36% of shoppers said sustainability was the top priority when it came to purchasing jewelry, edging out the cost, which 33% chose, PGI revealed in survey results Tuesday. Younger buyers were the primary group behind that push, with 74%...Read More
RAPAPORT... Iris Van der Veken has resigned as executive director of the Responsible Jewellery Council (RJC) over the organization's handling of Alrosa's membership during the Russia-Ukraine war.Van der Veken, who this week celebrated her three-year anniversary at the RJC, submitted her resignation letter to the board of directors on Tuesday, three sources close to the matter confirmed to Rapaport...Read More
RAPAPORT... Trans Atlantic Gem Sales (TAGS) has appointed Paul Duncombe as chief operating officer for Dubai, in a bid to garner more business.Dumcombe was most recently head of operations for Grib Diamonds in Belgium, TAGS said last week. He has also worked in executive roles for De Beers, Rio Tinto and BHP Billiton. TAGS is relying on his broad knowledge and understand of the mining industry, as...Read More
RAPAPORT... South African luxury jeweler Shimansky is currently exploring the country in the hopes of launching its own diamond mine.The company, which has locations in Cape Town and New York City, is hoping to strengthen the traceability of the diamonds used in its jewelry amid increasing consumer concern about responsible sourcing, CEO Yair Shimansky told Rapaport News Tuesday. It also aims to a...Read More
RAPAPORT... Pandora is bowing out of the Responsible Jewellery Council (RJC) because the trade group has failed to suspend Russian companies.The Danish jeweler had urged the RJC to suspend memberships and responsible-business certificates for all Russian businesses in its association following the country's February 24 invasion of Ukraine, it said Wednesday. It also requested it ask other members...Read More
(IDEX Online) - The Richemont group and Pandora both announced today that they have quit the Responsible Jewellery Council (RJC) over its failure to take a strong enough stand against Russia.Richemont, the Swiss-based company that counts Cartier, Van Cleef & Arpels, Jaeger-leCoultre and Piaget among its 26 maisons, said: "If RJC cannot uphold highest of standards, then we cannot be part of tha...Read More
(IDEX Online) - A brazen gang of masked raiders used sledgehammers and crowbars to smash the window a jewelry store in Beverly Hills and fled with items valued at up to $5m.They struck in broad daylight on a busy street, in full view of drivers and pedestrians. The five men snatched what they could in a matter of seconds and fled on foot. The heist was captured by shocked passers-by on...Read More
The royalty bill is currently in the Senate and has already been modified from its original state.Read More
Market analyst Fitch Solutions Country Risk & Industry Research has revised its 2022 zinc price forecast higher by more than 20% to US$3,500 per tonne.In a market commentary, Fitch argues that metal prices are being bolstered by the energy crisis stemming from the ongoing Russian invasion of Ukraine that has led to many smelters halting or reducing zinc metal production.Zinc prices have rallied si...Read More
Skeena Resources (TSX: SKE; NYSE: SKE) has signed a cash-and-stock deal to acquire B.C.-based QuestEx Gold & Copper (TSXV: QEX; US-OTC: QEX) for about $48.6 million. Following the acquisition, Skeena will sell QuestEx's Heart Peaks, Castle/Moat and North ROK/Coyote properties to Newmont (TSX:NGT; NYSE: NEM) for about $27 million as per a separate agreement inked by the two companies. The tra...Read More
MPs from the New Democratic Party (NDP) have tabled two private bills aimed at increasing accountability for Canadian companies that violate human rights abroad and have criticized the Liberal Party for not doing enough, days after the two parties announced a confidence-and-supply deal that could allow the Liberals to govern until 2025.MPs Peter Julian and Heather McPherson believe that the bills...Read More
FPX Nickel (TSXV: FPX; OTC: FPOCF) is establishing a new subsidiary company, CO2 Lock Corp., that will pursue opportunities in large-scale, low-cost and permanent carbon capture and storage (CCS). CO2 Lock has raised $1.7 million in a seed round financing, leaving FPX Nickel with an approximately 76% ownership interest (fully diluted) in the subsidiary.CO2 Lock is expected to operate as a st...Read More
Frontier Lithium (TSXV: FL; OTC: LITOF; FRA: HL2) has successfully concluded a pilot-scale campaign to produce 500 kg of spodumene concentrate that will be used to conduct piloting of a hydrometallurgical conversion process.A 7,800-kg sample of blended material from the Spark (89%) and PAK (11%) deposits - both part of Frontier's PAK project in northwestern Ontario - was collected. It averaged 1.5...Read More
Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far this year.This week alone, the price jumped by the 15% daily limit on the London Metal Exchange, adding to a string of sharp price moves as the market seeks to reset following an unprecedented short squeeze and week-long trading...Read More
Liberty and Finance, Released on 3/30/22Decades of change is happening in the span of a few weeks, says metals analyst Craig Hemke. We're seeing a mass exodus of countries from the dollar-system. Russia's currency is essentially being backed by natural resources as Russia demands payments in Rubles, he says. "It is definitely a threat to Dollar hegemony."0:00 Intro1:19 Metals update8:02 De-dollari...Read More
Emerald Robinson's The Right Way, Released on 3/30/22Whistleblowers claim a DoD database was changed to hide the truth.The attorney Continue... The Department of Defense Just Got Caught Lying About Vaccine Injuries added by Herman James on 03/31/2022View all posts by Herman James ?+'Read More