Recent News

Let??eng Mine Yields 114ct. Rough

March 04, 2020 / www.diamonds.net

RAPAPORT... Gem Diamonds has recovered a white diamond weighing 114 carats at its Let??eng mine in Lesotho, the second stone over 100 carats the miner has found this year, it said Tuesday.The company unearthed the "high-quality" D-color stone on Monday. The discovery follows that of a 183-carat, white, type IIa diamond last month. Berenberg investment bank estimated that stone would fetch in...Read More

De Beers Blames Coronavirus as February Sight Sales Drop to $355m

March 04, 2020 / www.idexonline.com

(IDEX Online) - De Beers has blamed coronavirus for a significant drop in sales of rough diamonds at its latest sight, held in Botswana last week. The provisional figure for Cycle 2 is $355m, down from $551m at January's sight (Cycle 1) and the lowest since Cycle 8 of last year. The company allowed a number of deferrals from sightholders, especially for smaller stones, under 1-carat, that wou...Read More

Lucapa raises funds for kimberlite hunt

March 04, 2020 / www.miningweekly.com

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company will raise some A$2.8-million in a share placement to sophisticated and professional investors to advance exploration work at its Lulo kimberlite project, in Angola.The company on Wednesday said that it would issue more than 25.8-million shares, at a price of 11c each, under its existing placement capacity.AdvertisementThe issue...Read More

JCK Las Vegas Will Go Ahead, say Organizers

March 04, 2020 / www.idexonline.com

(IDEX Online) - JCK Las Vegas, the biggest jewelry show in North America, is to go ahead as scheduled, say organizers.The announcement follows a series of cancelations in Hong Kong because of coronavirus, and the news last week that Baselword will not take place this year.JCK Las Vegas attracts over 30,000 of the world's most influential industry professionals, almost a quarter of them from o...Read More

Drill results increase with gold-equivalent calculations

March 04, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesIt said a previous gold-only result of 252m at 1.27g/t increased 18.9% to 1.51g/t gold-equivalent when silver and copper mineralisation were incorporated.Read More

Water for copper becomes a big issue in mining

March 04, 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 resourcesFinancing risks can be managedSPONSOREDLong recognised as a threat to Chile's all-important copper mining industry, the challenge of supplying water to some of the driest locations on t...Read More

Police officer killed near Grasberg

March 04, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe attack was believed to be by members of the Free Papua Organisation's military unit, the West Papua Liberation Army.It follows another reported fatal clash in late February.Artemis all set thanks to unique approachSPONSOREDartemis resourcesA spokesman for mine owner PT Freeport Indonesia (PT-FI) Riza Pratama told Associated Pre...Read More

Broader markets mixed; western markets have delayed positive reaction to Fed rate cut

March 04, 2020 / www.metalbulletinresearch.com

Broader markets are mixed this morning, Wednesday March 4, with markets in Asia generally weaker, while the London Metal Exchange base metals and western equities are recovering after having taken fright from the United States Federal Reserve’s rate cut on Tuesday. The US central bank’s emergency 50-basis-point rate cut led the Dow Jones Industrial Average (DJIA) to close down by 2.94% o...Read More

Tech Talk for Wednesday March 4th 2020

March 04, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 61 points in pre-opening trade.The Canadian Dollar is up 0.18 to U.S.74.88 cents prior to an announcement at 10:00 AM EST by the Bank of Canada on interest rate policy. Consensus is that the Bank of Canada will reduce its overnight lending rate to major Canadian Banks by at least 0.25% to 1.50%.Hewlett Packard Enterpri...Read More

PDAC: Investment bankers discuss state of the mining industry

March 04, 2020 / www.northernminer.com

The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada's annual convention. For the fifth year in a row, investment bankers came together to discuss the main themes and key issues facing the mining industry - from raising capital to attracting back the generalist investor to the demands of ESG. Anthony Vaccaro, publisher of The Northe...Read More

B of A cuts GDP forecast, predicts 'mini recession'

March 04, 2020 / www.northernminer.com

The economics team at Bank of America has cut its 2020 global growth forecast to 2.8% "while also factoring in a mini recession.""Logistics and supply chains remain an issue, without normalisation, multipliers from fiscal/monetary stimulus would be low," Bank of America said in a March 3 research note.The outbreak of the coronavirus - now called Covid-19 - has had a "pronounced impact." For mined...Read More

Wallbridge grows Fenelon zones

March 04, 2020 / www.northernminer.com

Days after announcing a $110-million all-share acquisition of Balmoral Resources (TSX: BAR) to expand the Fenelon project in Quebec, Wallbridge Mining (TSX: WM) has released drill results from its portion of Fenelon, which expand the mineralized zones and suggest additional mineralization in the hangingwall.The high-grade portion of the Tabasco zone has now been traced over 500 metres of strike...Read More

Rio Tinto's emissions targets come under fire

March 04, 2020 / www.northernminer.com

Rio Tinto's (NYSE: RIO; LSE: RIO) new carbon emissions reduction targets have triggered heated criticism from some investors and environmental groups, with a group led by a Friends of the Earth's subsidiary tabling a shareholder motion to improve what it calls "weak" climate goals.The world's second-largest miner last week vowed to spend US$1 billion over the next five years to reduce its carbon f...Read More

Mine reinventions need be approached with caution

March 04, 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 resourcesFinancing risks can be managedSPONSOREDAs now seems to be the form each week, here's my little comment on Covid-19 before I venture into my usual irrelevant tangent.Read More

Iniciativa de la prohibici??n del reggaet??n / Mi?(C)rcoles Millennial

March 04, 2020 / www.youtube.com

Estudiantes de universidades p??blicas y privadas debaten sobre diversos temas de inter?(C)s nacional y mundial.04 de marzo 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_MexSuscr?-bete a nuest...Read More

Salom??n Jara habla sobre la iniciativa para prohibir la difusi??n del reggaet??n

March 04, 2020 / www.youtube.com

Salom??n Jara, Senador de Morena, habla en entrevista sobre suiniciativa para prohibir la difusi??n del reggaet??n en medios de comunicaci??n.04 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/Excel...Read More

Patricia Sosa habla de las denuncias por acoso sexual en el Senado

March 04, 2020 / www.youtube.com

Patricia Sosa, Diputada de Encuentro Social, habla en entrevista sobre las once denuncias que se han presentado por acoso sexual en el ??rea m?(C)dica del Senado.04 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...Read More

Alejandro Rodr?-guez habla del cuarto ranking de los gobernadores

March 04, 2020 / www.youtube.com

Alejandro Rodr?-guez, Editor para Am?(C)rica Latina de Campaigns, habla en entrevista sobre el cuarto rankintg de los gobernadores en M?(C)xico.04 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/Exc...Read More

Frida Guerrera enfrenta a Marco Olvera en 'la ma??anera'

March 04, 2020 / www.youtube.com

La activista Frida Guerrera encar?? a Marco Olvera, tras ser se??alada por el periodista de apoyar el paro de mujeres con fondos de procedencia il?-cita.04 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://twitte...Read More

Bloquean cuentas a integrantes de la Iglesia de la Luz del Mundo

March 04, 2020 / www.youtube.com

Santiago nieto dio a conocer que fueron canceladas seis cuentas de integrantes de la Iglesia de la Luz del Mundos, por estar involucrados con casos de fraude y pornograf?-a infantil.04 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

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