LONDON – De Beers will let buyers reject more diamonds at a sale next week as the mining company shows almost unprecedented flexibility to ease a growing crisis.The Anglo American unit has told customers they can refuse to buy half of the stones offered that are smaller than three-quarters of a carat, according to people familiar with the situation, who asked not to be identified as the matt...Read More
Canadian diamond miner Mountain Province is no longer complying with the minimum bid price requirement of the Nasdaq and has until February 10 to regain compliance with the stock exchange’s listing rules.Based on the closing bid price for the last 30 consecutive business days from June 28 to August 12, the 49%-participant in the Gahcho Kué mine in Canada is not in compliance with the...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe US$5.5 billion project will extend the life of the 100-year old mine for many decades and see it produce 140,000 tonnes of copper a year following a seven-year transition from openpit operations."Chuquicamata is not just another project, it is unique. Its complexity and magnitude have no equal in the Chilean market;...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company completed construction of three acid storage tanks in July with capacity of 7,500 tonnes and a new acid unloading facility."The pure sulphuric acid in these tanks is diluted down to a weak sulphuric acid mining solution via the new acid handling and delivery system. This weaker acid solution is used in the we...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe culmination of a long permitting process for a 340km road along the southern flank of the Brooks Range, extending west from the Dalton Highway to the south bank of the Ambler River, the DEIS isRead More
U.S. equity index futures moved lower this morning. S&P 500 futures were down 39 points in pre-opening trade. Index futures responded partially to an inversion in the Treasury yield curve by two year and ten year treasuries and partially to sharp weakness in European equity indices.Tilray dropped $4.62 to $41.40 after reporting a bigger than expected quarterly loss.Canada Goose fell $1.01 to $...Read More
PRIVATE BLOG - Gold To Be or Not to Be?Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Red, red, in every direction we turn today... red.The Dow Jones shed 800 scarlet points on the day.Percentage wise, both S&P and Nasdaq took similar whalings.The S&P lost 86 points. And the Nasdaq... 242.And so the market paid back all of yesterday's trade-induced gains - with heaps of interest.Worrying economic data drifting out of China and Germany were partly accountable.Chinese industr...Read More
The Society for Women in Mathematics at Mines - better known as SWiM - has been honored for its professional development work by the Association of Women in Mathematics.SWiM, the Mines student chapter of AWM, is the 2019 recipient of the Association of Women in Mathematics' Professional Development Award.AWM has more than 100 student chapters at universities across the U.S. and around the world. T...Read More
The government of Armenia has published the results of a long-awaited public audit of Lydian International's (TSX: LYD) Amulsar gold project, paving the way for the company to move forward with development of the mine.The Amulsar project, in Armenia's mountainous south, has been illegally blocked since June 2018 by locals and environmental activists, who claim the operation would threaten several...Read More
Kinross Gold (TSX:K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap leach operator with a 24-year operating history in Russia by acquiring N-Mining's Chulbatkan project in Russia's Far East.The Toronto-headquartered gold producer is buying the heap-leach project for US$113 million in cash and US$170 million in Kinross shares.The open-pit project, 15 km southwest of Udinsk, a settle...Read More
Rockridge Resources (TSX-V: ROCK) has completed the first resource estimate for its flagship Knife Lake project in Saskatchewan. The project has an indicated resource of 3.8 million tonnes grading 0.83% copper, 3.7 grams silver per tonne and 0.10 gram gold per tonne for 70 million contained lb. copper, 456,000 oz. silver and 11,951 oz. gold. The inferred resource has 7.9 million tonnes grading 0.5...Read More
The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization.1. Newmont GoldcorpMarket cap: US$31.8 billionCrushed ore falls off a conveyor at Newmont Mining's Boddington gold mine in Western Australia. Credit: Newmont Mining.Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer with operations in the U.S., Australia, Ghana, Peru and Suriname. Earlier t...Read More
Horizonte Minerals (TSX: HZM; LON: HZM) has completed a maiden resource on its Serra do Tapa nickel project in Brazil, 90 km north of its Araguaia ferro-nickel project.The company acquired the deposit in October 2015 from Glencore/Xstrata.Serra do Tapa contains measured and indicated resources of 70.3 million tonnes grading 1.22% nickel and 0.05% cobalt for 857,000 tonnes of contained nickel and...Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingAs much as we think of ourselves as being very important and utterly vital to the existence of...Read More
Euro Pacific Capital CEO Peter Schiff slams the Federal Reserve and says the U.S. is heading toward a recession. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is the leading business network on...Read More
A tribute to noted northern geoscientist Julia LaneGuest's website:https://secure.kaiserresearch.com/Produced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.com#JohnKaiser #JuniorMiners...Read More
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James Turk, founder and Lead Director of Goldmoney.com, discusses the misconceptions about gold as an investment and how following them can cost you.Read More
Jay introduces the guests and sponsors for the day's program and Michael Oliver passes along his latest thoughts on gold and other important markets.Read More