The feasibility details an open pit mine with run of mine operations with an ore sorting plant producing a mill feed grade of 6.Read More
It said holes 61 and 63 successfully extended the strike length of the Aurora Zone by 180m to a total of 1.6km, and it remains open to expansion. Highlights included 701.2m grading 1.Read More
The 18% higher new offer for the 49% of Turquoise Hill which Rio doesn't already own increases the deal to US$3.Read More
Savannah eyes major Li production in PortugalSPONSOREDsavannah resourcesInvestor Insight: InterGroup MiningSPONSOREDintergroup miningAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Global inflationary pressures and difficult environmental conditions during the Yukon's record spring freshet this year pre...Read More
Sun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd Admittedly, costs were inflating rapidly as well, but those miners who were able to keep these under control were still abl...Read More
RAPAPORT... Richemont has sold a 47.5% stake in Yoox Net-a-Porter (YNAP) to Farfetch as it edges closer to removing the loss-making e-commerce business from its books.The Swiss conglomerate will receive shares in Farfetch in return, the group said Wednesday. It has also sold 3.2% of YNAP to Emirati businessman Mohamed Alabbar.The transaction contains options for Farfetch to acquire the remain...Read More
RAPAPORT... The editorial team members discuss some of the key events and surprising stories that dominated the headlines in the past month. In this episode of the Rapaport Diamond Podcast, Senior Analyst Avi Krawitz and News Editor Joshua Freedman are joined by Acting Editor Rachael Taylor. They talk about Signet Jewelers' acquisition of Blue Nile, how the independents are relating to the big bra...Read More
RAPAPORT... The market could split into two segments as high- and low-value goods react differently to the current economic uncertainty, Martin Rapaport said in last week's webinar. The absence of US stimulus payments has created a lull in demand compared with last year, the Rapaport chairman explained in the quarterly session, entitled "Treading Cautiously." Macroeconomic challenges suc...Read More
(IDEX Online) - Chow Tai Fook has been accused of having links with organized crime dating back over decades, following an investigation by ABC News, Australia's public news broadcaster.It claims the Hong Kong-based jewelry empire, with almost 6,000 stores globally, has "a long history of association with organised crime figures and people blacklisted by gambling regulators around the world"....Read More
(IDEX Online) - Alrosa is reportedly selling over $250m of diamonds a month, despite sanctions imposed after Russia invaded Ukraine.Sales have resumed, says Bloomberg News, primarily to India, where banks have become more comfortable with transactions in rupees and in currencies other than US dollars, which have been outlawed.Alrosa, the state-controlled miner, is now said to be selling at levels...Read More
A memorandum of understanding (MoU) was signed in Toronto by Volkswagen CEO Herbert Diess and Canada's Minister of Innovation, Science, and Industry, François-Philippe Champagne, in theRead More
(IDEX Online) - Sarine is rolling out its AI-based e-Grading technology to midstream manufacturers, allowing them carry out third-party grading of the 4Cs on site.It means they no longer need to send stones to a grading lab, saving time and money.The e-Grading system builds on automated 4C grading systems developed by Israel-based Sarine and available since 2016.Sarine first announced e-Grading in...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade.Equity index futures were virtually unchanged following release of July Durable Goods Orders at 8:30 AM EDT. Consensus was an increase of 0.8% versus a gain of 2.0% in June. Actual was unchanged. Excluding transportation sales, consensus for July Durable Goods Orders was an increase of 0.2...Read More
"The wicked borroweth," reads Psalms 37:21, "and payeth not again."The president is evidently facilitating wickedness by the wholesale...Today he announced plans to wash away up to $10,000 in student loan debt for those wicked debt-kiters earning under $125,000 per year.Those who received Pell Grants may be forgiven $20,000. The United States Department of Education estimates 27 million wicked wil...Read More
Of Two Minds, Released on 8/24/22If "markets" controlled by the rich are allowed to distribute essentials, the result will be civil disorder and the overthrow of regimes.Continue... Charles Hugh Smith: What's Worse Than Inflation? Depression + Inflation added by Herman James on 08/25/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 8/24/22Biden has no authority to cancel well over a half-trillion dollars in debt as he just did. But what to do about it?Continue... Mish Shedlock: Biden's $705 Billion Student-Loan Forgiveness Is Unconstitutional, But Who Can Challenge? added by Herman James on 08/25/2022View all posts by Herman James ?+'Read More
Spectrum News, Released on 8/24/22"Chief Arredondo is a leader and a courageous officer who with all of the other law enforcement officers who responded to the scene, should be celebrated for the lives saved, instead of vilified for those Continue... Uvalde school board fires police chief added by Herman James on 08/25/2022View all posts by Herman James ?+'Read More
Filo Mining's (TSX: FILO) ongoing drilling program at its Filo del Sol copper project in Argentina has extended the strike length of the emerging Aurora zone to 1.6 kilometres.The Vancouver-based company, part of the Lundin Group, has released the results from two more holes which extend the zone by 180 metres.Hole FSDH061 intersected 701.2 metres of 1.13% copper equivalent (0.81% copper, 0.33 gra...Read More
QC Copper and Gold (TSXV: QCCU; OTC: QCCUF) has reported new assay results from its current drill program on the Opemiska property, where the company has been aiming to upgrade the copper-gold resource by converting waste into in-pit mineralization.The latest results included three drill holes that all intersected wide zones of in-pit mineralization. OPM-22-209 returned 0.38% copper and 0.38 grams...Read More
Maritime Resources (TSXV: MAE) has released the feasibility study results for its 100% owned Hammerdown gold project located in the Baie Verte mining district of Newfoundland and Labrador. The study supports a technically straightforward, brownfields open pit mine and gold processing operation benefiting from low capital investment and rapid payback.Over an estimated five-year life, the Hammerdown...Read More