FREETOWN – Sierra Leone is weathering a dramatic crunch in mining revenue as COVID-19 restrictions hurt companies’ ability to export gold and diamonds and access essential supplies.Revenue from mining dropped from $2.24 million in April 2019 to just $0.33 million in April 2020 - an 85% decline year on year, according to mines ministry figures seen by Reuters.AdvertisementMini...Read More
(IDEX Online) - Sale of rough diamonds from the Kareevlei mine in South Africa are to be moved to Antwerp, where owners BlueRock hope to attract more buyers.They'll be branded as Kareevlei Diamonds and marketed by diamond brokerage and consultancy firm Bonas-Couzyn, with pre-sales finance provided by Delgatto Diamond Finance Fund, the largest non-bank lender to the diamond industry.AIM-listed...Read More
(IDEX Online) - ORGANIZERS are to drop the name Baselworld from any reincarnation of the troubled watch and jewelry show.The event dates back to 1917, when it was part of the Schweizer Mustermesse Basel (model fair). In 1983 it adopted the style Basel 83, and in 2003 it became Baselworld.But after a couple of extremely difficult months MCH Group, parent company of Baselworld, says it will drop the...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesAs Australian Rules football legend Ted Whitten would have put it, Mather has managed to "stick it right up ‘em" in a loan and streaming deal with royalty king Franco-Nevada Corp.Read More
With some clusters of Covid-19 infections emerging after the lifting of lockdowns, there is less hope that a ‘V’-shaped rebound is sustainable and as a result markets were on a back foot this morning, Thursday May 14, especially broader markets, while the base metals were consolidating.* Asian-Pacific and pre-market major western equity indices were weaker this morning.* Chinese finance...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMonday marks the fifth anniversary of the company's ASX listing after it was demerged from BHP.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade.Index futures were virtually unchanged following release of Weekly Initial Jobless Claims at 8:30 AM EDT. Consensus was 2.7 million versus 3.169 million last week. Actual was 2.980 millionCisco gained $0.94 to $42.89 after reporting higher than consensus fiscal third quarter earnings. Th...Read More
South America's prospective geology, established mining jurisdictions and well-developed infrastructure encourage companies to explore, develop and operate projects in the region. Below, we provide an overview of eight companies with precious and base metal assets on the continent.Altamira GoldTrenching at Altamira Gold Corp.'s Cajuiero gold project in the Juruena Mineral Belt of eastern Brazil. P...Read More
Corvus Gold (TSXV: KOR; US-OTC: CORVF) has discovered a new gold mineralized zone below the company's Mother Lode deposit, located 165 km northwest of Las Vegas in the Walker Lane gold belt in Nevada.Discovery hole 19-123CT, in the deposit's Central Intrusive zone, intersected 126 metres grading 2.6 grams gold per tonne, including 15 metres grading 8.9 grams gold per tonne and 25 metres grading 4....Read More
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America Securities conference on global metals, mining and steel on May 12. His remarks touched on the impact of trade wars and COVID-19 on commodity prices and margins, Teck's portfolio of assets, including its goal to inc...Read More
Viva Gold (TSXV: VAU) has announced results from a preliminary economic assessment (PEA) of the company's wholly-owned Tonopah gold project, located 30 km northeast of the town of Tonopah in the Ralston Valley of Nevada.The PEA estimates an open-pit heap leach operation with a mine life of six years, averaging 38,000 oz. gold per year, with annual production in the second and third years of 48,000...Read More
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK), Canada's largest diversified miner, is facing pressure from investors who want the company to divest its energy and coal business and replace long-standing chief executive officer, Don Lindsay.Connecticut-based Impala Asset Management has emerged this week as the second investor in a month to criticize Lindsay's guidance. In excerpts of a letter to t...Read More
First Majestic Silver (TSX:FR; NYSE: AG) has initiated an arbitration process against Mexico under the North American Free Trade Agreement (NAFTA) over a dispute over taxes.The Canadian miner said the notice, served to the Mexican government, kicks off a 90-day process for the L??pez Obrador administration to enter into negotiations with the company.First Majestic argues the tax authority has "exh...Read More
Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesElementos was one of 23 ASX-listed explorers and development companies presenting to investors in a virt...Read More
Update on the HEROES Act. Use 33% off Coupon Code ????,?Phase4????,? EXPIRES 5-24-20. Investing & Negotiating https://metkevin.com/program ??? Life: https://metkevin.com/ladder ??'?Free Stocks: https://metkevin.com/webull Vlog: https://metkevin.com/vlogBill: https://metkevin.com/heroesMy Videos on Heroes: https://metkevin.com/heroesvideos$0 Rent and Mortgage: https://www.youtube.com/watch?v=wLChq....Read More
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Update on the HEROES Act. Use 33% off Coupon Code ????,?Phase4????,? EXPIRES 5-24-20. Investing & Negotiating https://metkevin.com/program ??? Life: https://metkevin.com/ladder ??'?Free Stocks: https://metkevin.com/webull Lauren's Vlog: https://www.youtube.com/watch?v=WHFLe...??? ??? Get the Life Insurance Kevin Has in 5 Minutes: https://metkevin.com/ladder ??? ??? ??"???"?3d Camera Kevin Uses (Sa...Read More
Harry Dent discusses his upcoming Australian webinar that will include special guests.Visit https://securethefuture.live to registerRead More