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SilverCrest updates Las Chispas future

August 01, 2023 / www.mining-journal.com

With a 1200tpd operation, the mine will produce an annual average production of 57,000ozpa of gold and 5.5Mozpa of silver for 10Mozpa of silver equivalent during the first seven full years.Read More

Rio Tinto signs into lithium asset in Rwanda

August 01, 2023 / www.mining-journal.com

This will be Rio's first foray into the country. The licence area covers 2750 hectares in southern Rwanda and is well connected to local infrastructure.Read More

Albemarle to invest C$109M in Patriot

August 01, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAlbemarle will buy 7.1 million Patriot shares at $15.29 each, at a 7% p...Read More

South32 increases stake in Aldebaran

August 01, 2023 / www.mining-journal.com

The major is participating in a C$17.5 million non-brokered private placement whose proceeds will be to advance the Altar copper-gold project in San Juan. South32 will acquire 8.Read More

US government doubles funding for Lynas Rare Earths...

August 01, 2023 / www.mining-journal.com

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationThe US government's contribution was updated to around US$258 million,...Read More

Inflation bites for Fresnillo in H1 2023 results

August 01, 2023 / www.mining-journal.com

The $114.5 million increase from 2022 was attributed, in part, to inflation: the adverse effect of the 10.2% average revaluation of Mexican peso vs. the US dollar ($45.Read More

SEC Charges Crypto Boss over $4.3m Black Diamond

August 01, 2023 / www.idexonline.com

(IDEX Online) - Crypto boss Richard Heart has been accused of defrauding investors to buy The Enigma, the world's largest black natural color diamond - a 555.55-ct carbonado - for $4.3m.The SEC (Securities and Exchange Commission) in Washington, USA, yesterday (31 August) charged Richard Heart (aka Richard Schueler) and his crypto companies Hex, PulseChain, and PulseX, with conducting un...Read More

Revenue Drops at Firestone's Liqhobong Mine

August 01, 2023 / www.idexonline.com

(IDEX Online) - Firestone reported Q4 revenue of $12.6m from its Liqhobong mine, in Lesotho, down almost 40 per cent on the previous quarter. Operations as the mine resumed in October 2022 after a two-and-a-half year closure, so there is no comparable Q4 figure for last year. The London-based miner said in its quarterly update that it sold 125,556 carats in Q4, down 35 per cent on Q3, and that it...Read More

IDEX Price Report for 1 August: Yet Another Month of Decline for Rounds

August 01, 2023 / www.idexonline.com

(IDEX Online) - Yet another month of decline for rounds during July, and of mixed fortunes for fancies. Rounds saw wholesale losses in some sizes in most sizes above 0.80-cts, more so than in previous months.India's polished exports slipped by almost a third in June, and half of all diamond workers there are reportedly on reduced wages. Manufacturers are switching to lower-priced fancies, or...Read More

Russia's Finance Ministry to Launch Jewelry Platform

August 01, 2023 / www.idexonline.com

(IDEX Online) - Russia's finance ministry is to launch an online platform for jewelry sales as it aims to increase exports to Asia and beyond.It's designed to open up new markets for manufacturers, minimize their administrative costs and reduce the number of fakes, according to a report in the Russian newspaper Izvestia.Russia and fellow members of the Eurasian Economic Union (EAEU) - Be...Read More

CBAM set to push metal buying costs up in Europe

August 01, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe newly implemented Carbon Border Adjustment Mechanism (CBAM) in the...Read More

Developers work to reverse the slow death of rutile...

August 01, 2023 / www.mining-journal.com

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsTitanium dioxide is by far the most widely used pigment in the world an...Read More

China's factory activity lags, stimulus hopes waver...

August 01, 2023 / www.mining-journal.com

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationThe official manufacturing PMI for July was 49.3, which slowed from the...Read More

Centerra Gold reports $39.7 million loss, increased revenue

August 01, 2023 / www.mining-journal.com

It's a significant difference compared to the same quarter in 2022 when the Toronto-based company reported a loss of $2.6 million. Quarterly revenue was $184.Read More

Tech Talk for Tuesday August 1st 2023

August 01, 2023 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 Index was down 19 points at 8:30 AM EDT.Republic Services added $0.64 to $151.75 after reporting higher than consensus second quarter results. The company also offered positive guidance. Pfizer dropped $0.32 to $35.74 after reporting less than consensus second quarter earnings. Caterpillar advanced $3.33 to $268.50 after reporting high...Read More

Rickards: Yes, It's a Bubble

August 01, 2023 / dailyreckoning.com

There are signs of recession everywhere and these are good indicators. It’s not just sentiment or guesswork.I'm not going to get into the weeds here, but things like inverted yield curves and negative swap spreads, among other indicators, are all pointing to recession. In addition to those technical indicators, manufacturing is down, global trade is down, etc.Europe’s in a recession ri...Read More

Investors Think They're Bulletproof

August 01, 2023 / dailyreckoning.com

The bulls are running wild.Remember when we discussed the possibility that the red-hot tech leaders were finally running out of gas?Well, we just witnessed a dramatic mid-air refueling on the heels of last week's tame Fed meeting, positive earnings reactions, and strong economic data. Just when it looked as if the highest-flying names would finally take a break, frantic buyers stepped in to blast...Read More

RCTV In Conversation with Renowned Macro Strategist Lyn Alden

August 01, 2023 / www.youtube.com

Lyn Alden, founder of highly respected and closely followed Lyn Alden Investment Strategy, talks with Mark Bunting, host of RCTV, ...Read More

Kim Jong Un's Plan to Keep Power for Decades

August 01, 2023 / www.youtube.com

Kim Jong Un has grown his military despite North Korea being one of the most impoverished places in the world. So how does he ...Read More

China's Great Slowdown

July 31, 2023 / www.youtube.com

China's momentum is fading after decades of supercharged growth. A much anticipated post-pandemic recovery appears to have ...Read More

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