Without going into details, she said the company had done a lot of work assessing potential downstream opportunities.Read More
Trident reported record royalty receipts of US$3.5 million in the last three months of 2022. This is an increase of 46% quarter-on-quarter, and a ninefold year-on-year increase.Read More
Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedCan EV battery metal continue its incredible bull run?SPONSOREDIn the three months to December 2022 Sylvania produced 19,276 4E PGM oz from its dump operations, which process c...Read More
Ur-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedCan EV battery metal continue its incredible bull run?SPONSOREDMineral Resources, a classic resources conglomerate with fingers in multiple pies, is reminiscent of the structur...Read More
(IDEX Online) - Belgium's prime minister has again said opposes an EU ban on Russian diamonds, calling instead for a global boycott.Alexander De Croo (pictured) was speaking as the 27 EU members prepared to implement a 10th round of sanctions.He said the only effective way to stem the ongoing flow of Alrosa's goods would be if all Western nations signed up to a ban, backed by a watertigh...Read More
(IDEX Online) - Police in the US are hunting a raider who pepper-sprayed a female staff member during a raid on the jewelry counter at a Kohl's department store.The suspect was caught on surveillance footage smashing a display case with a hammer and stealing wedding rings valued at $80,000.The worker was injured by the pepper spray , but no further details of her condition were given.The susp...Read More
(IDEX Online) - The US jewelry sector is shrinking, according to the latest listings of retailers, wholesalers and manufacturers by JBT (Jewelers Board of Trade).The number of manufacturers in Q4 2022 was 2,412, down 3.1 per cent on the same quarter in 2021. Retailers fell 2.4 percent from 19,320 to 18,855 and the number of wholesalers fell 1.6 per cent from 3,687 to 3,629.The majority of the...Read More
(IDEX Online) - A court in India has ruled that the government should pay the widow of an informant in full for a tip-off that led to Customs officials seizing smuggled diamonds.Chandrakant Dhavre provided specific information in 1991 about a consignment of diamonds, mostly polished, worth over $110,000 (90 lakh rupees at today's exchange rate).He received two payments as part of his reward i...Read More
Preston said the gold price has increased by 19% since early November, adding some US$300/oz, as the US dollar has weakened, and many commentators, including the World Bank forecasting a slowdown inRead More
U.S equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade. General Motors slipped $0.80 to 37.15 after Berenberg downgraded the stock to Hold.Kohl's dropped $0.77 to $30.72 after Goldman Sachs initiated coverage with a Sell recommendation.Alibaba fell $6.19 to $112.19 on unsubstantiated rumors that the company plans to move its headquarters to S...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.The Americas produced this week's top drill assays, and Vancouver-headquartered Freegold Ventures (TSX: FVL) took the lead with its Golden Summit project in central Alaska. The junior reported 90.8 metres grading 3.83...Read More
Shares in European Metals Holdings (LSE: EMH; ASX: EMH) jumped on Monday in both Sydney and London after it said its Cinovec lithium project had been classified as strategic for the Czech Republic's Usti region.The nomination means the project will be given priority for grant funding from the Just Transition Fund (JTF), which supports European Union regions relying on fossil fuels and high-emissio...Read More
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80 and the S&P/TSX Global Base Metals Index slipped 0.18 points or 0.09% to 204.10. Spot gold climbed US$1.20 per oz. or 0.06% to US$1,927.50 per oz. and the S&P/TSX Global Gold Index finished at 306.83, down 1.22 points or 0.4%...Read More
The Dow Jones Industrial Average advanced 602.59 points or 1.81% to finish the Jan. 23-27 trading week at 33,978.08 and the S&P 500 rose 97.95 points or 2.47% to 4,070.56. Spot gold finished the week at US$1,927.50 per oz., up US$1.20 per oz. or 0.06%. Fortuna Silver Mines gained US15 ? or 4% to US$3.94 per share. The company announced that the Mexican Federal Administrative Court had granted a p...Read More
The S&P/TSX Venture Composite Index was little changed over the Jan. 23-27 trading period, losing 1.8 points to end at 622.01. American Lithium gained 64 ? a share during the week, the most by value, to close at $4.76 after it said on Jan. 24 it was buying back a 1% gross overriding royalty on the company's TLC lithium project near Tonopah, NV, about 340 km northwest of Las Vegas. Nevada A...Read More
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality companies are scarce.On Sunday, he told the Vancouver Resources Investment Conference that what gets in the way of junior M&A is what he calls 'real yield' - the salary and bonuses to officers and directo...Read More
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) apologized on Monday for the loss of a small, but "highly radioactive" capsule that has triggered a radiation alert across parts of the vast state of Western Australia.The tiny capsule is believed to have fallen from a truck somewhere along a 1,400-km highway through the Western Australian desert, a shorter distance than the route stretching f...Read More
Canada's zinc-air battery developer Zinc8 Energy Solutions (CSE: ZAIR, US-OTC: ZAIRF) has been approved for a grant from Empire State Development of up to US$9 million as an incentive for the company to establish its first U.S.-based production facility in New York State.The grant is part of a new framework announced by Governor Kathy Hochul, whose goal is for the state to achieve 70% renewable el...Read More
Analyst Alex Christopher of the CRU Group discusses CRU's 2023 commodity outlook. Alex Christopher is a Multi-Commodity ...Read More
Jan 27, 2023 Join Contango ORE's CEO, Rick Van Nieuwenhuyse, as he runs through the company's 2023 work plan, shares ...Read More