Recent News

Coronavirus: AGS Halts All Diamond Grading

March 19, 2020 / www.idexonline.com

(IDEX Online) - AGS Laboratories has suspended all diamond grading for a month, because of coronavirus.The facility in Las Vegas, Nevada, has been forced to close in a bid by the state governor to halt the spread of Covid-19.All "non-essential businesses" are included in the closure order, which became effective yesterday and which will remain in place for at least a month.The lab, founded in 1996...Read More

Production Continues as Miners Fight Virus Impact

March 19, 2020 / www.diamonds.net

RAPAPORT... Alrosa, Petra Diamonds and Lucara Diamond Corp. are among the companies putting special procedures in place in preparation for a possible coronavirus outbreak, while still continuing operations at their mines.Alrosa, which has not had any cases of infection among workers, is requiring all employees returning from abroad to adhere to a two-week home quarantine, with a commitment to...Read More

Indian Exporters Get Reprieve from Banks

March 19, 2020 / www.diamonds.net

RAPAPORT... Indian banks have agreed to offer special concessions to diamond exporters to help them deal with late payments resulting from the coronavirus outbreak.Companies will have extra months to repay loans they take to fund overseas shipments, the Gem & Jewellery Export Promotion Council (GJEPC) said in a note to members on March 13.Exporters' ability to recover payments from custom...Read More

Lucapa Finds 64ct. Diamond at Mothae

March 19, 2020 / www.diamonds.net

RAPAPORT... Lucapa Diamond Company has recovered a 64-carat, high-quality stone from its Mothae mine in Lesotho, it said Wednesday.The D-color, type IIa diamond is the 12th over 50 carats the miner has unearthed since reaching commercial production in January 2019. The deposit has also yielded three stones over 100 carats, including a 220- and a 127-carat diamond, which were discovered in Nov...Read More

Coronavirus: De Beers Sight Will Go Ahead, Despite Botswana Travel Ban

March 19, 2020 / www.idexonline.com

(IDEX Online)- De Beers plans to go ahead with its third sight next month, despite a travel ban to Botswana, where the sales are held.Flights from 18 high-risk countries - including China, India and Belgium  - have been banned in a move aimed at limiting the spread of coronavirus.Many of the 80 sight holders will struggle to attend and may send representatives or buy blind at the sight, which...Read More

Funds to finance permit litigation

March 19, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe financing is comprised of unsecured convertible debentures, with the funds to be used to advance ongoing litigation associated with permits for the NorthMet project in Minnesota, USA, as well as to continue engineering and optimisation efforts for the project."These funds provide the financial framework to continue to move the...Read More

Risk-off dominated in Asian trading, but some rebound being seen as Europe opens

March 19, 2020 / www.metalbulletinresearch.com

While risk-off dominates and even though governments are prepared to throw money at the financial system and into economies and households, the likelihood is that more factories will close, household spending will fall, as will demand for raw materials, but there may be some dead cat bounces along the way.Partial and full lockdowns will hopefully mean the novel coronavirus (2019-nCoV) is brought u...Read More

Copper price fall to squeeze Chile

March 19, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resources"This is one of the lowest prices for a decade and unfortunately this will last as long as the coronavirus issue exists.Read More

Tech Talk for Thursday March 19th 2020

March 19, 2020 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 72 points in pre-opening trade. The New York Stock Exchange announced a move to start fully electronic trading on Monday. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for the March Philly Fed Index was 10.0 versus 36.7 in February. Actual was -12.7. Consensus for...Read More

U.S. Gold Corp. Announces 1-for-10 Reverse Stock Split

March 19, 2020 / www.usgoldcorp.gold

ELKO, Nevada, March 19, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold," or the "Company") today announced a 1-for-10 reverse split of its common stock, effective as of 5:00 pm Eastern Time, March 19, 2020. Beginning on March 20, 2020, the Company's common stock will trade on the NASDAQ Capital Market on a split adjusted basis.At the Company's 2019 annual meeting of stockholder...Read More

Nouveau Monde grows Matawinie resources

March 19, 2020 / www.northernminer.com

Nouveau Monde Graphite (TSXV: NOU) has released updated resources for the West Zone deposit at its Matawinie graphite project, 150 km north of Montreal.Updated measured and indicated resources increased by 25%, to 120.3 million tonnes grading 4.26% carbon graphite for a total of 5.1 million tonnes contained graphite. Additional inferred resources are at 4.5 million tonnes at 4.43% carbon graphite...Read More

Nevada Copper looks to strengthen balance sheet

March 19, 2020 / www.northernminer.com

As its Pumpkin Hollow underground mine ramps up to commercial production, Nevada Copper (TSX: NCU) has entered into non-binding arrangements for a balance sheet strengthening package. The company is working to reach binding agreements in the next two weeks."This proposed financing package is expected to provide significant balance sheet strength and positions our business to weather this period...Read More

Tanzanian Gold doubles resource for Buckreef project

March 19, 2020 / www.northernminer.com

Tanzanian Gold (TSX: TNX; NYSE:TRX) has updated the resource estimate for its Buckreef gold project, about 110 km southwest of the city of Mwanza in north-central Tanzania.The Buckreef shear zone now contains 40.99 million tonnes grading 1.73 grams gold per tonne for 2.27 million oz. contained gold, up from a 2018 estimate of 21.99 million tonnes grading 1.54 grams gold per tonne for 1.09 million...Read More

Rio Tinto halts Kennecott after Utah earthquake

March 19, 2020 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO) evacuated all of its employees from its Kennecott copper mine near Salt Lake City, Utah, after a 5.7 magnitude earthquake hit near the town of Magna.All of its employees have been safely accounted for and removed from potential risk areas, the company said.Rio Tinto reported limited damage to the operation or risk to the surrounding community, and has temporarily ha...Read More

Mining may emerge better than most from crisis

March 19, 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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineWell this is certainly getting interesting.Read More

Miners face funding cost rises

March 19, 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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineThe equity market has been undiscriminating in dishing out losses over the past two months.Read More

Fed establece intercambio de divisas con 9 bancos centrales

March 19, 2020 / www.youtube.com

La Reserva Federal de Estados Unidos (Feb) anunci?? el establecimiento de acuerdos temporales de liquidez en d??lares (l?-neas swap) con nueve bancos centrales.Respaldar??n los pr?(C)stamos en d??lares en los mercados globales presionados por el impacto de la pandemia del COVID-19 y estabilizar el mercado cambiario.Los bancos centrales involucrados son el de M?(C)xico, Australia, Brasil, Dinamarca...Read More

Comunicaci??n en tiempos de crisis | Agenda de Riesgos

March 19, 2020 / www.youtube.com

Cristina Rivas y Rodrigo Elizarrar??s, Consultor y analista pol?-tico, aborda diversos temas en materia de seguridad en M?(C)xico.19 de marzo 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_MexSiti...Read More

Reos difunden im??genes de ri??a y fuga de Penal de Morelos

March 19, 2020 / www.youtube.com

Por medio de redes sociales, reos del Penal de Morelos han difunfido im??genes de la ri??a y fuga que se desat?? esta tarde, sin que las autoridades se hayan pronunciado al respecto.19 de marzo 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/Excels...Read More

Carlos Salazar habla de las medidas del CCE para combatir el Covid-19

March 19, 2020 / www.youtube.com

Carlos Salazar, Presidente del CCE, habla en entrevista sobre las medidas que presentaron al gobierno para combatir la crisis por Covid-19.19 de marzo 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/Excelsio...Read More

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