A 552-carat yellow diamond, the largest ever found in North America, was recovered at the Diavik diamond mine, Northwest Territories, Canada. The mine is owned 40% by Dominion Diamond and 60% by Rio Tinto. Source: Dominion Diamond Corp.The largest diamond ever found in North America has been recovered from a Northwest Territories mine controlled by Dominion Diamond Corp. and Rio Tinto Plc [RIO-NYS...Read More
Share this articleTORONTO - The Ontario Securities Commission says it has reached a tentative settlement with Katanga Mining Ltd. on allegations that the company violated securities rules by not properly disclosing public-sector corruption risks in the Democratic Republic of the Congo.The regulator has accused the company, a subsidiary of Swiss mining giant Glencore Plc, and several members of...Read More
Assumptions are more common than the truth...And that's not commentary on "fake news" or other modern phenomena. It's instead a fact of the human condition.The human brain has an amazing ability to fill in missing information in any given scenario where 100% of the information isn't present. In other words, it can make assumptions. And your brain is pretty good at it, too.One way it uses this skil...Read More
Researchers at Colorado School of Mines and the Colorado School of Public Health shared the preliminary blood results from a study on poly- and perfluoroalkyl substances (PFAS) found at high levels in groundwater wells associated with public drinking water systems near Colorado Springs in 2013. The contaminants are linked to firefighting foam used at nearby Peterson Air Force Base.Researchers test...Read More
Max Pisciotta, a master's student in mechanical engineering at Colorado School of Mines, was recognized for the Best Graduate/Postdoc Poster at the 2018 oSTEM Annual Conference.Short for Out in Science, Technology, Engineering, and Mathematics, oSTEM is an international professional society dedicated to educating and fostering leadership for LGBTQ+ communities in the STEM fields. Pisciotta, who i...Read More
Capstone Mining (TSX: CS; US-OTC: CSFFF) has increased reserves at its Cozamin polymetallic mine in Zacatecas, Mexico, by 89%, after drilling the project for the past year and a half. The company is still drilling the project - but cut-off data for its latest update in October 2018 - and doesn't say when it will stop."Because it's an underground mine it tends to take a couple years of drilling bef...Read More
Charles Wyndham has been in the diamond industry for over 40 years. He was a director of the CSO, De Beers' selling arm, before deciding to leave De Beers to set up his own diamond businesses in 1995. He is co-founder of WWW International Diamond Consultants Ltd. (WWW) and is engaged in related businesses, mainly with others whose skills are based on the company's expertise in technology, the gath...Read More
Mawson Resources (TSX: MAW; US-OTC: MWSNF) has tabled a maiden resource for its Rajapalot gold-cobalt project in Finland that it says has plenty of room for expansion.The project contains a pit and underground constrained 4.3 million inferred tonnes grading 2.3 grams gold per tonne and 430 ppm cobalt, or 3.1 grams gold equivalent, for 320,000 oz. gold and 1,841 tonnes cobalt. Unconstrained, the pr...Read More
One of my favorite movies is The Big Short. If you haven't watched it, you should. Without spoiling it for you, we're just past the part where, after his due diligence, Steve Carell's character is told by a dancer how many mortgages she has.He rushes to place his bet, seeing this is not sustainable. The bet has been made, the trend is clear, the trade is a no-brainer, everything starts playing out...Read More
Assumptions are more common than the truth...And that's not commentary on "fake news" or other modern phenomena. It's instead a fact of the human condition.The human brain has an amazing ability to fill in missing information in any given scenario where 100% of the information isn't present. In other words, it can make assumptions. And your brain is pretty good at it, too.One way it uses this skil...Read More
On April 17, 1793, three French soldiers broke into the tomb of Michel de Nostredame, a man we know as Nostradamus.Legend has it that one man, a Corporal Adelaide, picked up the skull in an attempt to gain the power of the long-dead seer.His fellow soldiers bore witness that his eyes opened wide as he gained full knowledge, then was immediately struck down and killed by an errant bullet, fired fro...Read More
A BMO Capital Markets report summarized the investment thesis for this company.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index resumed its rapid downhill sleigh ride. The Index opened lower last week and after being unable to break above 1050, continued to head down, influenced by world market weakness and tax loss selling (which ends December 27th for Canadian stocks)....Read More
A BMO Capital Markets report summarized the investment thesis for this company.Read full newsRead More
Since it kicked off this year's 32,500-metre drill program in March, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) has continued drilling at the Colomac and Grizzly Bear gold deposits, which, along with its Goldcrest gold deposit, make up the Colomac project's inferred resource of 2.61 million contained oz. gold in 50.3 million tonnes grading 1.62 grams gold per tonne.But the company has also spent a l...Read More
A coal mine accident in China's southwestern city of Chongqing killed seven workers and injured three, state-owned Xinhua news agency reported on Sunday.The workers at the Fengchun coal mine under the Chongqing Energy Group were killed in an underground transport accident on Saturday afternoon, Xinhua reported.The group has suspended operations at all of its coal mines, state television reported.C...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Consultancy firm Americas Market Intelligence or AMI issued this week a lengthy report on the risks of mining in Latin America. One of the chapters focuses on security hazards and reveals that such perils are not necessarily provoked by illegal groups.According to AMI, sometimes local community members that opposed mining operations can cause security risks by deploying roadblocks and aggressive o...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More
Following a series of hearings that took place in November, three independent commissioners in New Zealand have greenlighted OceanaGold's (TSX/ASX: OGC) Martha pit, which is the first stage of an anticipated 10-year mine life extension for the historic Martha Underground Mine, located in Waihi town, in the North Island's Hauraki district.The Martha project comprises two mining areas below the curr...Read More