(IDEX Online) - Lab growns now account for around a fifth of the diamonds used by manufacturers in India, according to reports.The switch from mined gems has been prompted by ongoing sanctions against Alrosa, together with demand form the US for cheaper goods, amid spiraling inflation.  Lab growns are 40 per cent cheaper.Among the beneficiaries are lab grown manufacturers in India, which...Read More

Codelco maintains that the smelter meets environmental standards. However, operations ceased on June 6 when the company decided to bring forward maintenance work after episodes during which up to 100 local residents including children and adults experienced intoxication.Th copper producer created dialogue tables with the almost 350 workers and union representatives to transition them into other ro...Read More

(New throughout, adding Vale and BHP statement saying Samarcois not for sale, sources confirming talks and creditorsresponding to criticism of its restructuring plan) By Tatiana Bautzer SAO PAULO, June 20 (Reuters) - Miners Vale SA andBHP Group said in a joint statement on Mondaythey are not interested in selling their joint venture Samarco,after reports of the interest of Brazilian steelmaker Com...Read More

The initial public offering price for 14.388 million shares would be between US$11.75-12.50 per share, the firm said in a filing to the NYSE.Underwriters to the offering have an option to purchase a maximum of 2,158,200 additional shares of common shares.Ivanhoe Electric in an initial filing registration to the NYSE last month said the planned dual listing was "in order to support American supply...Read More

Canadian miner Alamos Gold (TSX: AGI) has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.A total of 991 ounces of gold were produced from the initial pour, the company said, adding La Yaqui Grande, its second mine in Mexico, is expected to churn out roughly 3,000 ounces of gold in June.The figure has alread...Read More

Canadian explorer Argentina Lithium & Energy (TSXV: LIT; US-OTC: PNXLF) aims to advance new sources of high-quality lithium in Argentina to meet the growing demand for clean energy technologies powered by lithium-ion batteries.Argentina Lithium is part of the Grosso Group of companies, which has been a pioneer of mineral exploration in Argentina for nearly three decades.The Vancouver-headquarter...Read More

The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold Resources and Gatos Silver, passed away suddenly and unexpectedly on June 10. Igor's mining career spanned more than 30 years, where he held numerous board and senior roles and was actively involved in many of our industry's m...Read More

During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, ?"scar Graham, announced that his government will extend to 2025 the tax refund benefit to mining and oil exploration, which was scheduled to end in December 2022.According to Graham, the decision is based on the government's desire to guarantee the growth of the mining sector, which is resp...Read More

Growing fears of a recession and an aggressive 75-basis point hike by the U.S. Federal Reserve had markets reeling over the June 13-17 trading period. The S&P/TSX Composite Index dove 1,344.34 points or 7.1% to 18,930.48; the S&P/TSX Global Mining Index tumbled 8.76 points or 8.5% to 103.48; and the S&P/TSX Global Base Metals Index fell 19.59 points or 11.5% to 169.48. The S&P/TSX Global Gold Inde...Read More

The S&P/TSX Venture Composite Index fell 64.32 points or 10% to end at 640.38. Shares of Eloro Resources bucked the trend, rising 38 ? to $3.99 apiece as the company announced drill results from its Iska Iska silver-tin polymetallic project in southern Bolivia. Highlights from the drilling included 88.7 metres grading 10.74 grams silver per tonne and 1.01 grams gold starting from 319.4 metres in...Read More

The Dow Jones Industrial Average retreated 1,504.01 points or 5.03% to 29,888.78 and the S&P 500 fell 226.02 points or 6.1% over the week to 3,674.84 as U.S. stocks felt the pressure amid growing concerns of an economic recession, high inflation and rising interest rates. Most miners saw their share value decrease during the week despite providing seemingly positive updates. Shares of Nouveau M...Read More

Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile.Golden Arrow is part of the Grosso Group of companies, which has been working successfully in Argentina since 1993, where it has been involved in several major discoveries, including the Chinchillas silver deposit, now owned by SSR Mining (TSX: SSRM;...Read More

Mining and mineral exploration companies are under increased pressure to improve drilling performance. More accurate drilling can benefit every aspect of a mining operation by making it smoother, safer, and more productive.Drill operators, however, are required to oversee streams of complex data, generate value from that data, and manage tasks in need of constant attention during operations, which...Read More

Montreal, Quebec, CANADA - June 20, 2022 - Glen Eagle Resources Inc. (the "Corporation") (TSXV: GER) is pleased to announce that it has entered into an option agreement (the "Agreement") with an unlisted reporting issuer (the "Optionee"), which provides the Optionee the right to acquire (the "Option") a 100% interest in the Moose Lake Property (the "Property") located in the Province of Quebec. Th...Read More

1844 Resources Inc. (TSXV: EFF) (theRead full newsRead More

Wrapping up a speech at the Port of Los Angeles, President Joe Biden took a swing at oil companies on Friday, blaming them for not doing enough to keep oil prices low.Biden was asked specifically about ExxonMobil. The President replied, "We're going to make sure that everybody knows Exxon's profits. Why don't you tell them what Exxon's profits were this year - this quarter? Exxon made more money t...Read More

The market capitalisation of the top 40 miners increased by 7% over 2021, with valuations for miners of critical minerals up by 49-147%.Read More

  The designation by the Brazilian government will allow prioritised permitting for the scheme, Bravo Mining (formerly BPG Metals) said.Read More

Gold Silver (w/ Mike Maloney), Released on 6/21/22Join Mike Maloney and Adam Taggart as they look at the latest data through the lens of Mike's 'Inflation, THEN deflation' hypothesis. What is coming next? How long will inflation last? What will the Fed do? What happens to the dollar? Download Mike's best-selling book for free here: https://pages.goldsilver.com/freebook Thanks for sharing and click...Read More

Gold Switzerland, Released on 6/21/22In this June, 2022 MAMChat, Matterhorn Asset Management principals, Egon von Greyerz and Matthew Piepenburg, swap thoughts on the bearish decline of U.S. risk assets along side an equally painful rise in inflationary forces. Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has...Read More