Rockfire has drilled five diamond drill holes to validate the historical results from the 1970s, allowing for a JORC resource of 64 million tonnes 0.Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld 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 The company has 12 trona production royalties on assets in Wyoming,...Read More
RAPAPORT... The upcoming Hong Kong jewelry shows have been postponed yet again amid measures to contain the coronavirus in the region.The Hong Kong Trade Development Council (HKTDC) rescheduled the Hong Kong International Jewellery Show and the Hong Kong International Diamond, Gem & Pearl Show, which were due to take place concurrently from August 14 to 18. They are now slated for July 29...Read More
The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld 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 Read More
RAPAPORT... Lab-grown producer Diamond Foundry has sued the US government over President Donald Trump's tariffs on Chinese goods.The San Francisco-based company filed a complaint against US Customs and Border Protection and the US Trade Representative on March 17. It alleged the government failed to issue a list of affected products within 12 months of initiating an investigation into China's...Read More
RAPAPORT... Titan Company has shelled out $20 million to invest in e-commerce lab-grown diamond business Clean Origin, its first foray into the synthetics sector.The move is "a strategic investment that will provide Titan a ringside view of the fast-growing lab-grown diamond (LGD) and direct-to-consumer (D2C) sectors," the Indian company, which owns the Tanishq brand, said in a recent statement.In...Read More
(IDEX Online) - Diamond Foundry is suing the US government over the "egregious" tariffs it has to pay to have its lab growns polished in China.The Silicon Valley start-up, which counts Leonardo DiCaprio among its high-profile backers, says the tariffs are higher than the actual cost of the polishing.It blames former president Donald Trump for imposing four punitive increases during his term, and J...Read More
(IDEX Online) - A Rolex watch that belonged to British rock icon Eric Clapton is expected to fetch at least $1.6m at auction.The gold Daytona (pictured), known as the Crazy Doc (reference 6239) leads The Geneva Watch Auction: XV by Phillips in association with Bacs & Russo.Clapton, 76, bought the watch in Italy in 1990 and went on to sell it at auction in 2003.Other highlights of the sale, to...Read More
(IDEX Online) - Diamond manufacturers in Surat are now importing the vast majority of rough direct to the city, rather than via Mumbai.In the financial year to March 2020, rough imports to both cities were on a par, at just over $6bn.But in the 10 months to February 2022, Surat imported $13.2bn of rough, almost four times as much as Mumbai's $3.7m, according to new figures from the Gem and Je...Read More
The company saw ANLA archive its environmental licence application in October 2021 on the grounds that it did not have enough information to decide on the viability of the project.Read More
A focus on ESG and decarbonisation has left some wondering what gold mining's role is in the world. Calderon made a strong case for gold mining during a speech to the Melbourne Mining Club yesterday.Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly firmer on the morning of Wednesday March 23, with April nickel prices on SHFE registering an almost 2% gain.* Will Russia pushback against sanctions by curbing oil exports?* LME nickel prices found their price level on Tuesday.* The sell-off in bonds is seeing a rotation in other asset classes.* UK consu...Read More
The relationship between gold and copper reflects economic and political sentiment.Read More
Most recently, the 3.8 million tonne per year plant had been scheduled to start in April and Ivanhoe said the early hot commissioning is four months ahead of the original development schedule. It doubles the size of the mine's concentrator plant. Ivanhoe's co-chair Robert Friedland said the commissioning is a big step towards establishing Kamoa-Kakula as one of the two largest copper mining c...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. General Mills advanced $1.19 to $63.87 after reporting higher than consensus first quarter earnings. The company also raised guidance. Adobe dropped $10.45 to $456.00 despite reporting higher than consensus fiscal first quarter revenues and earnings. The company also lowered guidance fo...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More
Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More
Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More
Following receipt of all regulatory approvals, Capstone Mining (TSX: CS) has successfully completed its previously announced business combination with Mantos Copper, creating a new Americas-focused copper producer named Capstone Copper Corp.The merger agreement stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following completion, Capstone shareholders wou...Read More
The Korelin Economics Report, Released on 3/23/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review shorter-term and longer-term support and resistance levels in the precious metals sector, and why he's very encouraged by the recent strength in the mining stocks. While the corrective move down in gold did briefly fill that breakaway gap level in gold, in general the yellow...Read More