Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
In this material world why are mining companies critical to net zero, which company can't access its resources and who is looking ...Read More
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In 2018, Barrick's acquisition of Randgold Resources for $18 billion initiated a significant rise in mergers and acquisitions (M&A) among gold mining companies.This trend continued in 2021 with another major merger announcement, as Agnico Eagle Mines and Kirkland Lake Gold combined in a deal valued at nearly $11 billion.Additionally, several smaller deals occurred that year, such as Kinross G...Read More
De Beers provisionally reported diamond sales of US$450 million in the fifth sales cycle of the year, between June 5 and 20.Read More
Green tech company BacTech Environmental Corp. says Ecuador's government has begun the final review process for the last major permit for its bioleaching plant on Monday.Ecuador's government has begun the final review process for the last major permit for green technology company BacTech Environmental Corp.'s (BAC:CSE;BCCEF:OTCQB;OBT1:FRA) bioleaching plant in Tenguel on Monday.The company had rec...Read More
First Tellurium Corp. has successfully uplisted from the OTC Pink Market to the OTCQB Venture Market. It began trading on the exchange on Tuesday under the symbol "FSTTF."First Tellurium Corp. (FTEL:CSE; FSTTF:OTCQB) announced it has successfully uplisted from the OTC Pink Market to the OTCQB Venture Market.The company began trading on the exchange on Tuesday under the symbol "FSTTF.""Upgrading ou...Read More
First Tellurium Corp. is staking additional ground at its Klondike tellurium project in Colorado, considered America's top exploration project for the critical metal.First Tellurium Corp. (FTEL:CSE; FSTTF:OTCQB) announced it is staking additional ground at its Klondike tellurium project in Colorado. The company has engaged Burgex Mining Consultants of Sandy, Utah, to stake the claims, which have b...Read More
ioneer aims to be able to start construction of its Rhyolite Ridge lithium-boron project in Nevada, US early next year as it nears the end of the NEPA permitting process, chair James Calaway toldRead More
Hydraulic fracturing has transformed the shape of world energy markets, turning the US into the world's top oil producer. But what is less well known, outside the energy industry, is that it did this largely without making any money.For most of the last 30 years, fracking companies have earned below their cost of capital. Every time the industry has looked to be getting close to profitable, its ow...Read More
Zaldivar is owned jointly with Barrick Gold and Antofagasta, but is operated by Antofagasta.Read More
Mitsubishi will subscribe for 4.6 million units priced at $4.Read More
Drilling was temporarily suspended in March 2022 due to the Andean cat's presence in the project area.Read More
(IDEX Online) - India has simplified the paperwork required for e-commerce jewelry exports after a slump in foreign sales.The Central Board of Indirect Taxes and Customs (CBIC) responded to repeated pleas by the Gem & Jewellery Export Promotion Council (GJEPC).India suffered a 36 per cent drop in jewelry exports during April (in US dollars) and a 16 per cent fall in May.New guidelines issued b...Read More
(IDEX Online) - De Beers today reported a 31.5 per cent year-on-year drop in rough sales during June (cycle 5), amid increasing sightholder caution. Provisional sales were $450m, down only a little on $479m the previous month.But on a year-on-year basis, they suggest a marked slowdown. Sales were 4.5 per cent lower than 2022 at cycle 3 and 20 per cent lower at cycle 4. Today's cycle 5 fi...Read More
(IDEX Online) - A "once in a lifetime" collection of Harry Winston jewelry, with over 255 carats of diamonds and a $12m valuation, is being sold at auction. The Diamond Wreath Suite includes a custom-designed necklace, earrings, bracelet, and watch, all handmade in .950 platinum and bearing the HW and Harry Winston hallmarks.The pieces are being auctioned as a single lot by Kruse GWS Auctions...Read More
Masson said the battery sector will grow to challenge stainless steel as the dominant nickel end-use market, growing from a 12% market share in 2022 to 41% by 2033 even though it requires "the leastRead More
The US$498 million investment is targeting an initial reserve of 3Mt grading 2.4% copper, 1.Read More
"If these two big companies complete their smelters, that means we will no longer export raw copper because it will be processed domestically to become copper cathodes," Indonesia's president JokoRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:35 AM EDT. Focus today is on Federal Reserve Chairman Powell's Congressional testimony on U.S. monetary policy starting at 10:00 AM EDT.The Canadian Dollar added $0.05 to US76.67 cents after release of Canada's April Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.4%. Actual was an increase...Read More