Popular News

Loss-Making Greenland Ruby Closes Mine

September 13, 2023 / www.idexonline.com

(IDEX Online) - Greenland's only ruby mine has closed, after reportedly running up $74m of debts.Greenland Ruby, which started production of rubies and pink sapphire mining in 2017, has laid off its remaining staff and put the mine, at Aappaluttoq, in the southwest of the country, on care and maintenance.The company, owned by Norway-based LNS Group, originally predicted a 10-year life for the...Read More

Israel to Host Second Diamond Conference

September 13, 2023 / www.idexonline.com

(IDEX Online) - Israel is to host its second annual Diamond Conference next April, together with a three-day Diamond Exhibition.Both events are part of the International Diamond Week, hosted by the Israel Diamond Exchange (IDE), in Ramat Gan.The inaugural Israel Diamond Conference, which took place in March, was the country's first international event since the Covid pandemic.It brought toget...Read More

Central Asia Metals beats dividend expectations

September 13, 2023 / www.mining-journal.com

The London-listed miner, which operates base metals projects in Kazakhstan and North Macedonia, declared a 9p per share, down from 10p at the same time last year, but still ahead of analystRead More

Arizona Sonoran Cactus resource update

September 12, 2023 / www.mining-journal.com

The company completed an infill drilling programme in April for the indicated resources, with infill drilling now focused on upgrading resources to the measured category.Read More

Tech Talk for Wednesday September 13th 2023

September 13, 2023 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDT.Index futures were unchanged following release of the U.S. August Consumer Price Index report at 8:30 AM EDT. Consensus was an increase of 0.6% versus an increase of 0.2% in July. Actual was an increase of 0.6%. On a year-over-year basis, consensus was an increase of 3.6% versus a gain of 3.2%...Read More

The World Ends in 17 Days

September 13, 2023 / dailyreckoning.com

On Sept. 30... in a mere 17 days...The United States government will "shut down" barring fresh congressional funding.Uncle Samuel's doors will swing shut and Pandora's notorious box will swing open.Horror upon horror will ensue.The ranger patrolling the National Park of American Samoa will be thrown into idleness...The Federal Theatre Project will be thrown into darkness...And the visiting seven...Read More