Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe first IWD was celebrated in 1911, although it was held later in the month. It was designed t...Read More
(IDEX Online) - De Beers today announced slower sales during Cycle 2, down 24 per cent on last year, as uncertainty persists and many sightholders delayed purchases. Total sales were $495m (provisional) compared with $652m during Cycle 2 of 2022. They were up nine per cent on the previous Cycle. De Beers reportedly raised the prices of smaller goods at its latest sight, amid speculat...Read More
(IDEX Online) - US and EU officials are to consult diamond industry leaders on further measures against Russia for its "unprovoked war in Ukraine".James O'Brien, head of the Office of Sanctions Coordination in Joe Biden's administration, will seek the views of diamond retailers, manufacturers, laboratories, and industry trade associations.The US currently sanctions rough diamonds from Ru...Read More
(IDEX Online) - Hong Kong's sales of watches, jewelry, clocks and other valuable gifts leapt 23.1 per cent in January, buoyed by an early lunar Chinese New Year and Covid relaxations. It follows a yo-yo 2022, marked by dramatic monthly drops (-35.9 per cent in April) and increases (30.1 per cent in July). Sales for January 2023 were $566.8m, the highest figure for three years, according to th...Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe company said it also provides legal protections necessary to both parties to ensure durabili...Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsMore than 220 organizations, with representation from groups involved in the defence of water, l...Read More
Natural Resources Canada has awarded the junior C$725,000 under the Government's Critical Minerals Research, Development and Demonstration (CMRDD) programme, designed to assist the development ofRead More
This is the last hurdle to shut the smelter following the decision to close it on environmental grounds, made in June last year.Read More
Ero reported record full-year copper production of 46,371t in 2022, beating guidance of 43,000-46,000t. Ero produced 12,664t of copper in the fourth quarter of 2022.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. January U.S. Trade released at 8:30 AM EST was expected to increase to a deficit of $69.00 billion from a deficit of $67.40 billion in December. Actual was a deficit of $68.3 billionFederal Reserve Chairman Powell testifies on monetary policy in front of a House Committee at 10:00 AM EST....Read More
Amid an increasing demand for nickel, driven largely by the growing need for electric vehicle batteries, a handful of exploration companies are making their mark in Sudbury's historic and prolific nickel mining camp.Magna Mining (TSXV: NICU), SPC Nickel Corp. (TSXV: SPC) and Archer Exploration (CSE: RCHR), which all have properties in the region of northern Ontario, have announced a series of prom...Read More
First Quantum Minerals' (TSX: FM) shares rose Wednesday after the company said its local unit Minera Panama inked a draft concession contract with the Panamanian government for the Cobre Panama mine.The proposed agreement, which follows months of difficult negotiations, meets the goals the government outlined in January 2022 regarding government revenues, environmental protections, labour standard...Read More
Canada is poised for a mining boom. But one thing is still missing: labour. For a decade in the early 2000s, I worked with several mining companies to staff up projects across Canada. From Detour Lake in Ontario to Jansen Lake and Belle Plaine in Saskatchewan, I know what it takes to not only find labourers, but to attract and retain the best skilled tradespeople in the country to your project: c...Read More
After over 25 years of working in and consulting to the mining industry, I've grown accustomed to the need to create compelling arguments to put a variety of internal and external social performance topics higher-up on the organizational radar screen. Factoring in ample time for thoughtful review by leadership and to obtain buy-in for the less technical considerations of running a mining company i...Read More
Alamos Gold's (TSX: AGI; NYSE: AGI) Lynn Lake gold project in Manitoba has been approved by the Minister of Environment and Climate Change Canada. The province has also issued Environment Act licences for the MacLellan and Gordon sites. The environmental impact statement was submitted in 2020. Alamos is now working to update a 2017 feasibility for the project, which has seen a 27% increase in res...Read More
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia's New Century Resources (ASX: NCZ), which it's attempting to acquire, to nearly 71%.The move comes only two weeks after the South African company launched its unsolicited takeover bid for the zinc miner, valuing it at A$144.1 million (US$97.2 million).Sibanye-Stillwater wants to delist New Century...Read More
FPX Nickel (TSX-V: FPX, OTCQB: FPOCF) is pleased to announce that it has received funding from the Government of Canada to ...Read More
According to new intelligence reviewed by US officials, a pro-Ukrainian group is believed to have carried out the attack on the ...Read More
Elon Musk, CEO of Twitter, stated that the company could become cash-flow positive in the next quarter, despite a massive ...Read More
Ken Griffin, the billionaire founder of Citadel, said his firms are in negotiations for an enterprise-wide license to use OpenAI's ...Read More