(IDEX Online) - Alrosa has halted operations at its International underground mine after several workers tested positive for COVID-19.The mine, also known as Inter (pictured), close to the town of Mirny, in the subarctic Russian republic of Sakha, will remain closed for up to two weeks.It opened in 1999 and yields some of the world's highest diamond grades, at 8.09 carats per ton.The workers...Read More
RAPAPORT... The Plumb Club, a trade organization connecting US jewelry suppliers, has shaken up its board and executive committee following an online meeting.Members elected Kristie Nicolosi, CEO of the Kingswood Company, to the board of directors, the Plumb Club said Wednesday. She has previously served as a national board member and treasurer of the Women's Jewelry Association and as a board mem...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe operation is expected to process 75% feed from the Main Lens over a projected 12-year mine life, blended with 25% feed from the Esso Len...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesEl Domo has a measured and indicated resource of 9 million tonnes grading 5.2% copper equivalent, or 8.3g/t gold equivalent for 2.4Moz.Read More
Broader markets were generally weaker this morning, Thursday June 25, with those equity markets that were open in the Asian-Pacific region mainly weaker by between 1% and 2%.* Pre-market major western equity index futures were down this morning, following Wednesday’s weakness. * Gold prices hold up in high ground around $1,760 per oz.* International Monetary Fund (IMF) cuts world growth forec...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Index futures moved slightly higher following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was 1,350,000 versus 1,508,000 last week. Actual was.1,480,000. Consensus for first quarter annualized real GDP was a drop of 5.0% versus a gain of 2.0% in the four...Read More
Tanzanian Gold (TSX: TNX; NYSE: TRX) has produced commercial-grade gold for the first time from the oxide processing plant at its Buckreef gold project, south of Lake Victoria and 110 km southwest of the city of Mwanza in north-central Tanzania."The ore comes in two forms - the primary ore that is at depth and then becomes oxidized as you get close to the surface," Ulrich Rath, the company's direc...Read More
Harmony Gold (NYSE: HMY) said on Thursday it had raised $200 million from a planned shares placement to partly fund its acquisition of rival AngloGold Ashanti's (NYSE: AU) assets in South Africa.The Randfontein-based gold producer issued more than 60 million new ordinary shares at a price of 57.50 rand apiece on June 24. Harmony said it represented roughly 11% of its issued ordinary share capita...Read More
Riverside Resources (TSXV: RRI; US-OTC: RVSDF) has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining (LSE: HOC) in a deal that will see the major spend US$8 million over five years to earn an initial 51% interest.The prospect generator has defined several targets at the gold-silver project, which is located 17 km northwest of SilverCrest Metals' (TSX: SIL; NYSE-AM: SILV)...Read More
The demand for raw materials used to manufacture rechargeable batteries for electric vehicles (EVs) will grow rapidly as the importance of oil as a source of energy recedes, according to a new report from the United Nations Conference on Trade and Development (UNCTAD).According to UNCTAD, ongoing efforts to lower greenhouse gas emissions are expected to spur further investment in green energy prod...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMining company presentations, citing industry analysts, almost universally show metal usage outstripping mine capacity during the 2020s. A s...Read More
Alrosa, the world's top diamond producer by output, has idled its International underground mine for up to two weeks, after several employees tested positive for Covid-19.The Russian miner said it would only carry out work to ensure the safety and maintenance of the site. It noted that workers and contractors will receive compensation in accordance with labour laws."The company has developed sever...Read More
En M?(C)xico suman m??s de 25 fallecimientos por Covid-19, esto de acuerdo a la cifra oficial dada a conocer por las autoridades de salud.25 de junio 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior...Read More
En un convenio con la UNAM te acercaremos a la informaci??n cient?-fica en tiempos de la pandemia de Covid-19.Te invitamos a ver el siguiente video:Sedena lleva obsequios a Luis ??ngel, ni??o que cambia juguetes por comidahttps://youtu.be/8pPGyCh_m80COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y vi...Read More
A pesar de las advertencias de la del gobierno Brit??nico sobre la importancia de cumplir el distanciamiento social, las playas de Inglaterra se han visto llenas por turistas.Te invitamos a ver el siguiente video:Sedena lleva obsequios a Luis ??ngel, ni??o que cambia juguetes por comidahttps://youtu.be/8pPGyCh_m80COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: ht...Read More
The economic impact of the COVID-19 pandemic, with blowout deficits and massive money printing, will create the perfect storm for precious metals and will launch a massive bull market for mining equities, according to one junior exploration executives. In an interview with Kitco News during the Mines and Money online connect virtual mining conference, Ivan Bebek, executive chairman of Auryn Resour...Read More
The Minerals Council South Africa figures indicate more than 34,000 jobs have been lost in the industry, which employed about 455,000 people in 2019.The mining lobby group had reported the industry's first death from the global pandemic on May 15.At the time, there were 23 positive COVID-19 cases among the country's mining employees.That figure broke through the 1,000 mark last week, with the seco...Read More
Perseus Mining Limited (ASX/TSX: PRU) is an Australian company, that operates two gold mines in West Africa, with first gold, from its third mine, Yaour?(C), expected in December 2020, increasing gold production to more than 500,000 ounces per year in 2021/2022. We learned from Jeff Quartermaine, Managing Director and CEO of Perseus Mining, that they are generating quite a lot of cash in the curre...Read More
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Join Pinky Webb for an in-depth conversation with Vice President Leni Robredo on assessing the government's COVD-19 response and going after fake news peddlers.Read More