LONDON, 13 October 2023 - Any talk of 'safe haven' flows into gold amid the dreadful news from the Middle East is mistaken, says leading US financial news-site MarketWatch, quoting BullionVault data."Users of BullionVault have been net sellers since the weekend too, albeit very marginally after more chose to take profits in September."Read the full story, with further comment and analysis from Bul...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT.UnitedHealth Group added $6.76 to $532.30 after reporting higher than consensus third quarter earnings. The company also raised fourth quarter guidance.Dollar General advanced $8.17 to $110.00 after the company reappointed its retired former chief executive officerWells Fargo gained $0.74 to $40.48...Read More
'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesMore than 91% of the proxy votes received voted in favour of the transaction.Read More
According to a study by Wood Mackenzie, the copper mining sector distributes an average of $73 billion per year in socioeconomic value globally, where Latin America contributes over 50% of that value.Read More
Higher gold production than the previous quarter was driven by higher oxide production from the Crossroads open pit and Cortez Hills underground in Nevada, US.Read More
The Australian miner Lynas, which operates a processing facility in Malaysia, is the only company to have squared this circle so far.Read More
'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesUS-based lithium producers, Livent and Albemarle, are proposing to merge with a pair of Australian mine...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT.Index futures dropped 11 points following release of the September Consumer Price Index released at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.3% in August. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 3.6% versus a gain of 3.7% i...Read More
The company reported a 68% increase in measured and indicated resources at Promontorio compared with the 2013 resource to 42.1Mt grading 104gpt of silver equivalent containing 140.8Moz.Read More
Crawford will produce 1.6mt of nickel, 24,000t of cobalt, 490,000oz of platinum and palladium, 58Mt of iron and 2.8Mt of chromium over a 41-year mine life.Read More
Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedOrion will buy 6.7 million shares for C$2.55 per share.Read More
Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedThe company is to pay C$2 million for a 19.9% equity interest in Vinland Lithium, a new entity established with Sokoman Minerals (40.1%) and Be...Read More
Iceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesBoth sales and revenue are up year-on-year, with revenue for the same quarter in 2022 at $33.8 million and sales of 19,523oz gold equivalent.Read More
The Canadian miner said the project is the first to receive an EA certificate in BC under the new framework of the Environmental Assessment Act.Read More
However, Codelco has been ear-marked by the government to lead the nation's foray into the lithium space, with Codelco chair Maximo Pacheco stating in June that there is no company better placed to doRead More
(IDEX Online) - Sodiam sold $22.3m of +10.8-cts rough diamonds from its mines in Angola in a tender which was, for the first time, coordinated by Dubai-based TAGS (Trans Atlantic Gem Sales).A total of 1,329.89 carats were sold from five mines owned by the Angola's national diamond trading company. Bids were made remotely using TAGS' online platform.Highlights included a pink stone from t...Read More
(IDEX Online) - HB Antwerp has unveiled "ground-breaking" software for diamond polishing, to be used at its new facility in Botswana.It says The Navigator will provide its polishers with "unparalleled control and accuracy", with its 3D capabilities."The Navigator is not just a technological advancement; it's a game-changer for the mineral industry," said Tom Munters, R&D director at HB.&n...Read More
(IDEX Online) - Luxury brands are still buying Russian diamonds, despite their claims to the contrary, according to an investigation by the Ukraine-based Kyiv Independent.It says melee from Alrosa is routinely included in mixed parcels at what it calls the "Dubai laundromat"."Clients of jewelry brands like Tiffany and Cartier have no idea the money they spend on diamonds may contribute to Russia&#...Read More
Ticktock, ticktock goes the lithium clock. A decade ago, things didn't seem so pressing when it came to the transition away from fossil fuels. In many ways it was pardon the pun still just a pipe dream. Any time we talked about the upcoming lithium boom in those days, we were met with full-blown skepticism and derision. In fact, anyone who suggested the world's largest automakers would acceler...Read More
Construction at this gold mine in Fiji has been completed ahead of schedule, and the company has poured its first gold. One analyst calls it "one of the highest-grade gold mines in the world."Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) announced that construction at its 100%-owned Tuvatu Mine in Fiji has been completed ahead of schedule and it has poured the first gold at the project.Mi...Read More