Florida-based Pentwater Capital Management, which owns 11.63% of Turquoise Hill, said it was considering its legal and shareholder options to oppose the revised $3.Read More
Toronto-listed Equinox Gold resumed operations at its Los Filos mine in Mexico on September 10 after a meeting with Mezcala community leaders resulted in the blockade being lifted. Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe recycling of spent autocatalysts in China supplied the country with 33,300 ounces of platinum in 2021, while recycled jewellery and industrial scrap yielded 250,000oz and 7,900oz of the preciousRead More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED For British investors in particular, given their familiarity with Australia, the double-barrelled energy boom in Oz represents the return of an investment double-banger with risingRead More
RAPAPORT... At least one person has died in a dam collapse at the Jagersfontein mine in South Africa, a diamond deposit in which Stargems recently invested."The tailings of the abandoned local mine burst open, leading to damages to infrastructure, personal property and homes," the South African government said in a statement on its website Sunday. "The untold damages in and around the communi...Read More
This article was first published in September 2022 in a special Rapaport supplement, sponsored by the GIA and titled Future Proof.RAPAPORT... Although artificial intelligence (AI) has been around for decades, many of the ways in which it works remain murky in the eyes of much of the world. And while that is not a problem for technology companies or labs such as the Gemological Institute...Read More
(IDEX Online) - Sales of jewelry and watches bounced slightly in July, up by 10.2 per cent, year-on-year. The previous month's sales, initially reported as just 0.8 per cent, have now been revised up to 5.3 per cent, based on actual through-the-till transactions. And sales for May have been revised up from 5.1 per cent to 6.0 per cent. However, overall sales growth in rece...Read More
(IDEX Online) - The IDEX Polished Price Index suffered another month of steady decline during August, down by 2.31 per cent. That's the biggest monthly drop since it began falling in early March. It was down 2.1 per cent in April, 0.69 per cent in May, 1.18 per cent in June and 2.05 per cent in July. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per...Read More
"The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Komoa Copper employee," Ivanhoe said."Kamoa Copper is undertaking a comprehensive internal investigation into the accident and is working with the DRC authorities to facilitate their investigation of the accident," the company added.Kamoa Copper is the operator of the complex. It is a...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. General Electric added $0.26 to $74.30 after announcing plans to spin off its healthcare division in January.Bristol Myers Squibb gained $4.62 to $74.78 after the FDA approved Sotyktu, a drug for psoriasis. PayPal added $1.18 to $97.41 after Deutsche Bank raised its target price from $11...Read More
Fortuna Silver Mines (TSX: FVI; NYSE: FSM) expects to pour first gold by mid-2023 at Seguela, an open-pit mine it is building in Cote d'Ivoire. In the meantime, the company continues to release exploration updates and drill results for the project and identify new regional prospects. Drilling down-dip and down-plunge at the project's Sunbird deposit, for instance, has extended the mineralization...Read More
The Dow Jones Industrial Average gained 833.27 points during the Sept. 6-9 trading session, rising 2.66%, to 32,151.71, while the S&P 500 climbed143.1 points or 3.65% to 4,067.36. This week's top gainer in value was royalty and streaming firm Franco-Nevada, rising US$4.38 to end the week at US$125.97. Franco-Nevada released its second-quarter results in August, reporting record quarterly revenue...Read More
The S&P/TSX Venture Composite Index rose over the Labour Day-shortened Sept. 6-9 trading session by 2.1% or 13.55 points to end the week at 645.57.C3 Metals boasted the highest share volume for the week, at 7.3 million shares traded. However, the Toronto-based junior shed 1 ? to end the period at 4 ? per share. On Sept. 9, C3 released drill results from its recently completed second-phase drill pr...Read More
Over the Sept. 9 trading period, the S&P/TSX Composite Index gained 502.49 points or 2.6%, to 19,773.34. The S&P/TSX Global Mining Index jumped 5.48 points or 6.25% to 93.23 and the S&P/TSX Global Base Metals Index fell 11.9 points or 7.79% to 164.63. The S&P/TSX Global Gold Index rose by 10.34 points or 4.59% to 235.47 and spot gold ended the week US90 ? per oz. higher, or 0.05%, at US$1,714.40 p...Read More
G Mining Ventures (TSXV: GMIN; US-OTC: GMINF) has made a formal decision to proceed with the construction of the Tocantinzinho gold project located in the state of Par??, Brazil. The company has received all the necessary environmental installation permits to progress with full construction, which is expected to begin this month."This construction decision is an important milestone which has been...Read More
Following a 10,700-metre drill program completed in late 2021, Tartisan Nickel (CSE: TN; US-OTC: TTSRF) has released a preliminary economic assessment (PEA) for its 100%-owned Kenbridge nickel project in northwestern Ontario's Kenora Mining District. Prepared by P&E Mining Consultants, the PEA outlines a low-cost, 1,500-tonne-per-day operation with a potentially short timeline to production. The s...Read More
Our TNM Drill Down feature highlights 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. Top gold assays for the week Sept. 2-9, 2011.This week's top three assays were all delivered by Australian-listed companies exploring for gold at home.The top hole came from Catalyst Metals' (ASX: CYL) Henty underground...Read More
Canada's Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and Congo's state mining company G?(C)camines have begun construction activities at the historic Kipushi underground zinc-copper mine, which they plan returning to production by late 2024.The companies' joint venture, Kipushi Corp., pegs pre-production capital costs, including contingency, at US$382 million.During a breaking-ground ceremony, it note...Read More
With a long and storied history of exploration and mine development, favourable mining policies, excellent infrastructure and a skilled workforce, Quebec is one of the world's top mining jurisdictions for mineral explorers and developers. Below are eight companies with operations in the province.MAPLE GOLD MINESHeadframe and infrastructure at Maple Gold's Douay site in Quebec. Credit: Maple Gold M...Read More
Rule Investment Media, Released on 9/12/22Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas,...Read More