(IDEX Online) - India's mothballed diamond mine at Majhgawan-Panna is due to resume production this July, with a forecast output of up to 84,000 carats a year.Work was halted at the country's only industrial mine at the end of December 2020 when environmental clearances lapsed following concerns from the nearby Panna Tiger Reserve.But the National Mineral Development Corporation (NMDC),...Read More
The company said it believes that all of AMP's requirements under to allow concentrate loading have been met and exceeded, but the authority continues to block export operations.Read More
Trident has a strategy of investing in a range of commodities, differenting it from most other royalty companies Trident has sold gold royalties for Rebecca2, Spring Hill3, and three other projects toRead More
Anglo Asian guided for 2023 gold production of 30,000-32,000oz, down from full-year 2022 production of 43,114 oz. Copper production is guided for 4,100- 4,300t, up from 2,516t in 2022.Read More
Atalaya noted strong potential economic results, after the PEA showed a net present value (NPV) of US$1.57 based on a base case range of copper, zinc and lead prices, and up to US$1.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade. Index futures moved lower following release of second estimate of fourth quarter real GDP at 8:30 AM EST. Consensus was unchanged at an annual growth rate of 2.9%. Actual was growth at 2.7%.NVidia advanced $18.06 to $225.60 after reporting higher than consensus fourth quarter earnings. M...Read More
"How are people paying for this shopping spree?"Here market analyst Michael Maharrey makes indirect reference to the "strong" economy presently in existence.And we are assured this economy bulges with the highly striated musculature of a he-man.MarketWatch, for example, informs us that:"Mortgage Rates Rise Again on Signs of Strong Economy"…No less an authority than The New York Times exults...Read More
Good morning on this fine Thursday.I bring news from my other adopted country, the United Kingdom.You may know I lived in London for nearly ten years and consider myself a cultural Anglophile. (But not a political one; the British polity lost the plot ages ago.)The UK is the home of European Woke, especially London. If you think Prince Harry (that ginger idiot) is a one-off, you'd be wrong. He was...Read More
Catherine Boggs, chairperson of Hecla Mining (NYSE: HL), the largest silver producer in the United States, sees opportunities for juniors to tap private wealth, a new lifeline in solar panels and geopolitical soundness in North American operations. Boggs, speaking online Wednesday at The Northern Miner's first Global Mining Symposium for 2023, mentioned how family funds under private management...Read More
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has completed a positive prefeasibility study for its 100% owned Vizcachitas project in Chile, highlighted by a US$2.8-billion post-tax net present value using an 8% discount rate and an internal rate of return of 24%.The economics were calculated using metals prices of US$3.68 per lb. for copper, US$12.9 per lb. for molybdenum and US$21.79 per oz. for si...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is going ahead with a US$40-million expansion of its iconic Diavik diamond mine in the Northwest Territories, which will extend the operation's life to at least early 2026.The approved first phase of the project will expand diamond extraction underground, below the existing A21 open pit. Mining of that area, opened in 2018, recently concluded.A second pha...Read More
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in the recent past, support for nuclear power was based on environmental considerations as well as its ability to provide reliable and cheap baseload energy, Russia's invasion of Ukraine shifted the geopolitical landscape from...Read More
Anglo American (LSE: AAL) said Thursday it would take a US$1.7-billion charge due to higher costs and delays at its Woodsmith fertilizer project, which is being built beneath the North Yorks Moors national park in England.The company, which acquired Woodsmith two years ago with the acquisition of British junior Sirius Minerals, said it now expects first product from the mine in 2027.By then, Angl...Read More
First Quantum Minerals (TSX: FM) said on Thursday it had halted ore processing operations at its giant Cobre Panama copper mine, in the latest escalation of a dispute with the country's government over tax and royalty payments.Negotiations between the Toronto-based miner and Panama's government over a new contract for the mine turned ugly in December, when the President announced a plan to halt th...Read More
The elixir of life has been sought for thousands of years. Today a scientific revolution has begun. Hannah joins bio-hackers in ...Read More
Communities around the world are facing the devastating impacts of extreme weather events. Increasingly, people are faced with ...Read More
Oceans naturally absorb huge amounts of carbon dioxide, and efforts to harness that power are gaining in popularity. In Norway ...Read More
Even if every country reaches the net zero targets committed to in the Paris Agreement, we're still on track for several decades of ...Read More
Lake Resources (ASX: LKE) managing director and CEO David Dickson joins Small Caps to discuss the company's plans to ...Read More
On this episode of Making Money With Matt McCall, Matt invites back C. Scott Garliss. He's one of the most plugged-in analysts at ...Read More