Recent News

Coronavirus: Gem Diamonds Raises $12m in First Flexible Tender

April 01, 2020 / www.idexonline.com

(IDEX Online) - Gem Diamonds sold stones worth $12.1m at its first flexible tender sale, introduced as a result of coronavirus travel restrictions. Its sale of large, high quality diamonds from the Letseng mine, in Lesotho, should have taken place in Antwerp from 16 to 25 March. CEO Clifford Elphick said: The results of the initial round of the flexible tender sales process for a selection of Lets...Read More

IDEX Price Report: Polished Prices Mostly Flat in March, Some One-Carat Rounds Up

April 01, 2020 / www.idexonline.com

(IDEX Online) - Prices for March followed a similar pattern to recent months, with no movement at all in the majority of carat, color and clarity categories and a mix of fluctuations in those which did see change. Smaller stones, (up to 0.39) both round and fancy, were at a virtual standstill.The trend among changes that were seen in the 1.00-1.24ct rounds was generally up, by around three per cen...Read More

Standard Bank meeting all capital and liquidity requirements 

April 01, 2020 / www.miningweekly.com

JOHANNESBURG (miningweekly.com) – Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call.Daehnke disclosed that the bank was benefitting from building up increased capital levels over the last few years in line with Basel requirements. As at December 31, the group had a...Read More

Lucara takes steps to protect employees against Covid-19

April 01, 2020 / www.miningweekly.com

Diamond producer Lucara Diamond Corporation has implemented a crisis management strategy to protect the health and wellbeing of its employees in Botswana and Canada amid the Covid-19 pandemic.Lucara's 100%-owned Karowe mine, in north-central Botswana, remains fully operational under new measures and guidelines implemented by the Botswana government earlier this week.AdvertisementThese measures...Read More

Copper production set to grow by 1.9% in 2020.

April 01, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesCopper production will grow by 1.9% in 2020 to 21 million tonnes, down from the 3.4% growth originally forecast by GlobalData."Production growth in China is forecast to be around 6%, which is down from the 9.6% forecasted before the outbreak. Lockdowns in Chile and Peru will reduce the output in two markets that currently account f...Read More

Botswana Diamonds awarded new prospecting licences

April 01, 2020 / www.miningweekly.com

Dual-listed Botswana Diamonds’ wholly-owned subsidiary, Sunland Minerals, has been awarded six new prospecting licences by the Botswana government.The licence tenure is for a period of three years until March 31, 2023.AdvertisementThe licences cover an area of 4.32 km2 in the Central and Kgalagadi districts, colloquially known as the Kalahari.Moreover, the government has renewed four existin...Read More

Gem successfully hosts first flexible tender sales process

April 01, 2020 / www.miningweekly.com

London-listed Gem Diamonds has raised $12.1-million during the first round of its Lets?OEeng flexible tender sales process on March 26.The Lesotho-focused miner in March launched the flexible tender sales process, following a large tender that had to be cancelled owing to travel and other restrictions imposed by various governments, including in Belgium, where the tender would have been held from...Read More

Rockcliff gains on Rail deposit growth

April 01, 2020 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Rockcliff said Tuesday indicated tonnes had grown 42% to 1.17Mt grading 3.Read More

NZ man killed in attack on Freeport office in Indonesia

April 01, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIndonesia's Ambassador to New Zealand Tantowi Yahya said Graeme Thomas Wall died and two Indonesian civilians were injured in the incident on Monday.He said police believed the group of eight attackers were members of an armed criminal group.Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe West Papua National...Read More

Volatility in metals prices likely to increase ahead of key economic data

April 01, 2020 / www.metalbulletinresearch.com

China’s Caixin manufacturing purchasing managers’ index (PMI) was released earlier on Wednesday April 1; it rebounded to 50.1 in March from 40.3 in February, which supports the rebound in the official PMI data released on Tuesday - another sign that purchasing managers reported conditions were just “better” in March than they were a month earlier.But the same was not true in Ja...Read More

Tech Talk for Wednesday April 1st 2020

April 01, 2020 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 88 points in pre-opening trade. Index futures were virtually unchanged following release of the March ADP Employment Report at 8:15 AM EDT. Consensus was a drop of 150,000 versus a gain of 183,000 in February. Actual was a drop of 27,000.AT&T dropped $1.06 to $28.09 after JP Morgan downgraded the stock from Overwe...Read More

The C19 blame game

April 01, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe ESG bar has just been raised... Who will get over it?SPONSOREDstrategia worldwideDay eight of self-isolation: not completely mental, but my socks have never been so neatly sorted.Read More

Orla Mining advances Camino Rojo project in Mexico

April 01, 2020 / www.northernminer.com

Over the last month, Orla Mining (TSX: OLA) has completed two deals that help pave the way for developing its Camino Rojo gold project in Mexico's Zacatecas state, 50 km southeast of Newmont's (NYSE: NEM) Penasquito mine.On March 26, the company unveiled a $75 million bought deal financing (36.6 million common shares at $2.05 per share). Newmont and Agnico Eagle Mines (TSX: AEM; NYSE: AEM) said th...Read More

Rockcliff boosts resource for Rail deposit in Manitoba

April 01, 2020 / www.northernminer.com

Rockcliff Metals (CSE: RCLF) has released an updated resource for its wholly owned Rail deposit in central Manitoba, doubling both the total resource tonnes and contained copper-equivalent metal at the 20-sq.-km property.The deposit's indicated resources have increased to 1.17 million tonnes grading 3.52% copper-equivalent for a total of 90.7 million lb. contained copper-equivalent metal, compared...Read More

Commentary: COVID-19 - Assessment work applications under the Mining Act

April 01, 2020 / www.northernminer.com

Following the declaration of emergency on March 17 under the Emergency Management and Civil Protection Act in Ontario due to the COVID-19 pandemic, the ability of holders of unpatented mining claims to perform assessment work required under the Mining Act in Ontario will be difficult or impossible until the government ordered social distancing measures have been lifted.Although the Ministry of Ene...Read More

'El D?-a Despu?(C)s' lanza la campa??a 'Mi Barrio me Respalda'

April 01, 2020 / www.youtube.com

La organizaci??n 'El D?-a Despu?(C)s' lanz?? la campa??a 'Mi Barrio me Respalda', que busca a poyar a personas sin un sueldo base o en situaci??n de calle.1 abril de 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://twitt...Read More

D?-az de Le??n habla de la incertidumbre y volatilidad de la econom?-a

April 01, 2020 / www.youtube.com

Alejandro D?-az de Le??n, Gobernador del Banco de M?(C)xico, habla en entrevista sobre la volatilidad e incertidumbre que enfrenta la econom?-a de M?(C)xico y el mundo.1 abril de 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:...Read More

Alejandro Armenta habla del planteamiento fiscal que se espera del gobierno

April 01, 2020 / www.youtube.com

Alejandro Armenta, Senador de Morena y Presidente de la Comisi??n de Hacienda y Cr?(C)dito P??blico, habla del planteamiento fiscal que se espera que mita el gobierno.1 abril de 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: h...Read More

Francisco Garza habla de GM ante la crisis por Covid-19

April 01, 2020 / www.youtube.com

Francisco Garza, Presidente y Director General de General Motors en M?(C)xico, habla en entrevista sobre las medidas que est??n tomando para enfrentar la crisis por Covid-19.1 abril de 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/ExcelsiorMexTwi...Read More

??LTIMA HORA: confirman 1378 casos positivos y 37 fallecimientos por Covid-19

April 01, 2020 / www.youtube.com

Reporte emitido por la SSa en conferencia de prensa a las 7pm. de este 1 ? de abril.1 abril de 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_MexSitio: http://www.excelsior.com.mx/tvSuscr?-bete a...Read More

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