(IDEX Online) - Diamonds worth $55m have been seized in a series of raids across Antwerp, reportedly in an attempt to recover debts owed by the collapsed Eurostar Diamond Traders.Bailiffs and police seized gems from more than a dozen homes and offices in a court-sanctioned revery of assets, according to a Bloomberg new report.Eurostar was a De Beers sightholder and one of the world's biggest...Read More
(IDEX Online) - A 126-carat "cat's eye" emerald was among the largest ever submitted for grading, said the GIA lab in Tokyo.The cabochon gemstone - shaped with a convex obverse rather than faceted - shows a pronounced chatoyant - or cat's eye - effect. That's when a band of bright light is reflected by a series of rain-like inclusions aligned within the stone."The emerald contained...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points in pre-opening trade. Tyson Foods dropped $3.53 to $60.50 after the company reported less than consensus fiscal first quarter revenues and earnings. Energizer dropped $1.86 to $35.39 after reporting less than consensus fiscal first quarter revenues and earnings. Newmont dropped $3.16 to $66.70 after announci...Read More
Initial results from Phase 1 drilling at Bradda Head Lithium's (AIM: BHL; TSXV: BHLI; US-OTCQB: BHLO) San Domingo pegmatite project in Arizona returned high-grade intersections, the company said on Monday.Assays returned the best result so far of 31.85 metres grading 1.6% lithium oxide (Li2O), including 3.21 metres at 3.74% Li2O in hole SD-DH22-024.The results come from Phase 1 (Northern claim blo...Read More
Charles Morven, who is the secretary treasurer with the Nisga'a Lisims Government in British Columbia, and primary communicator between the First Nation and industry, spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss efforts to build up employment opportunities in mining for Nisga'a members and attracting investment to the Golden Triangle region.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.Canada produced this week's top two drill assays. Moneta Gold (TSX: ME) reported on Jan. 31 that hole MGH22-321 at its Tower gold project near Timmins, Ont., returned 46 metres of 26.95 grams gold per tonne from 243 m...Read More
Claudia Tornquist, President and CEO of Kodiak Copper discusses the company's MPD porphyry project in southern British Columbia, which was "handpicked" by chairman Chris Taylor, the former head of Great Bear Resources before its acquisition by Kinross Gold last year. Speaking at the AME BC Roundup conference in January, Tornquist tells Northern Miner Staff Reporter Henry Lazenby about the project'...Read More
Kit Marrs, co-founder and CEO of Western Alaska Minerals, spoke with Northern Miner Staff Writer Henry Lazenby at AME BC Roundup in January. They discuss the company's Waterpump Creek project in western Alaska, where almost 9,000 metres of drilling over the last year returned high grade lead, zinc and silver, and its plans to double its drilling capacity from two to four rigs.Read More
Elemental Altus Royalties (TSXV: ELE; US-OTC: ELEMF) has entered into a binding agreement to acquire a portfolio of 19 royalties from a subsidiary of First Mining Gold (TSX: FF; US-OTC: FFMGF).Total consideration is US$5 million, of which US$3.5 million will be paid in cash and US$1.5 million in Elemental Altus common shares (roughly 0.9% of those outstanding).Upon completion, Elemental Altus woul...Read More
Newmont Mining (NYSE: NEM; TSX: NGT), the world's largest gold producer, is seeking to build a global gold superpower by approaching Australia's top miner of the yellow metal, Newcrest Mining (ASX, TSX: NCM), with a US$17 billion takeover offer.If successful, the deal would be one of the biggest in Australian history, though initial feedback from analysts and shareholders suggests that Newmont wil...Read More
Namibia Critical Metals (TSXV: NMI; US-OTC: NMREF), has taken an important step toward production at its Lofdal rare earth project, a globally significant deposit of the heavy rare earth metals dysprosium and terbium. The Nova Scotia-based explorer has launched a prefeasibility study for Lofdal, building on a positive preliminary economic assessment (PEA) released in the fall.The study envisaged a...Read More
Regenx Tech Corp. is a precious metals recovery first-mover in the USA with near-term cashflow. Regenx has a joint-venture with ...Read More
Feb 3, 2023 Join Reunion Gold's President & CEO, Rick Howes, for a review of the company's 2023 work plan and latest drill ...Read More
Feb 3, 2023 Join Regulus Resources' CEO, John Black, for a live corporate update on the latest work completed and upcoming ...Read More
Last week, the US unemployment rate fell to 3.4%, the lowest jobless level since May 1969. The main contributor has been the ...Read More
Ghana is launching a new program called Gold for Oil (G4O) aimed at using existing gold reserves to support the import of ...Read More
The White House is unhappy with the record profits big Oil companies are making calling it "outrageous". Last week, Exxon ...Read More
Newmont Corporation has made a takeover offer of $16.9 billion to purchase Australia's leading gold miner, Newcrest Mining.Read More
Last week, Statistics Canada issued a report that showed that more than 40% of condos in Ontario are investment properties and ...Read More
In 2003, Steve Jobs was diagnosed with pancreatic cancer and was given three to six months to live. He ended up living for eight ...Read More