The newly calculated resource of five deposits at Silver Viper Minerals' La Virginia is discussed in a Red Cloud Securities report. Silver Viper La VirginiaIn a May 4 research note, Red Cloud Securities analyst David A. Talbot discussed the just released initial resource estimates for Silver Viper Minerals Corp.'s (VIPR:TSX.V; VIPRF:OTCQB) La Virginia gold-silver (Au-Ag) project.After incorporati...Read More
RAPAPORT... Sarine Technologies, which supplies equipment to the diamond-manufacturing sector, saw sales rise in the first quarter as cutters lifted production in response to strong retail demand.Manufacturers bought and processed large quantities of rough during the period as the diamond market recovered from last year's slowdown, Sarine said Monday. This supported demand for the company's r...Read More
RAPAPORT... Diamonds Do Good (DDG) has launched a contest in which it asks designers from around the world to create a signature bracelet that defines the nonprofit's mission.The pieces designed for Project Bracelet should relate to growth, unity and equality, DDG said last week. The group is specifically encouraging Black, Indigenous and multicultural designers to participate."We believe the need...Read More
RAPAPORT... Gem Diamonds has recovered a 370-carat rough stone in Lesotho, the second over 100 carats in one week.The "high-quality," white, type II diamond came from the company's Let??eng mine, known for producing large diamonds, it said Monday. The new find follows the discovery of a high-quality, 254-carat, white, type II diamond the miner reported on May 4.The miner has unearthed three 100-ca...Read More
(IDEX Online) - Gem Diamonds today announced its second major find (pictured) in a week - a 370 carat Type II, white diamond.It comes just six days after it announced the recovery of a 254 carat Type II white diamond.Both gems are from the Letseng mine in Lesotho, which has seen a reversal of fortunes after several "dry" months. Before these finds the last major discovery was 126.9-carat typ...Read More
(IDEX Online) - A host of top-flight jewelers have signed a pledge to improve the traceability of colored gemstones.The Gemstones and Jewellery Community Platform has been launched by industry body Coloured Gemstones Working Group (CGWG) to unite brands through their "shared commitments for people and planet".It will provide practical help and guidance on responsible sourcing, which can be difficu...Read More
(IDEX Online) - Trade in diamonds between Israel and UAE has been flourishing since last September's normalization agreement, according to figures released yesterday.Around 13 per cent of Israel's rough exports in April were to the United Arab Emirates, with a value of $18m.And this month 14 per cent of Israel's rough imports are expected to be from the UAE, according to an update r...Read More
(IDEX Online) - One of the world's rarest watches, a Patek Philippe Reference 2523 with Eurasian Dial, sold at auction yesterday for a record $7.8m.Nine telephone bidders battled it out for the newly-discovered timepiece (pictured), one of just three known to exist globally. The buyer remains anonymous.The watch fetched more than double its $3.7m estimate at the Geneva Watch Auction, he...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationDrilling highlights included 830m grading 0.18% copper, 0.12 grams per tonne gold, 0.22% molybdenum and 2.1g/t silver, or 0.38% copper equivalent.Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsThe council cited recent events, including the death of a motorist caught up in protests over a nickel...Read More
Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were, for the most part, a lot stronger this morning, Monday May 10, but broader markets were mixed.* Friday’s United States employment report was much weaker than expected, suggesting the Federal Reserve will remain on its current tack* That report boosted equities, reducing the likelihood of a broader market c...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade.Wholesale gasoline prices in the U.S. rose $0.03 to $2.16 per gallon after the Colonial Pipeline was shut down by a cyber attack.Marriott dropped $1.69 to $145.00 after reporting lower than consensus first quarter revenues.Expedia added $0.54 to $174.00 after Susquehanna raised its target...Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsAustralia in particular is being buffeted by a shortage of skilled workers and construction material w...Read More
The opportunity landscape for closing new precious metals streaming deals is growing faster than the competition, Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) CEO Randy Smallwood tells The Northern Miner.On the back of the pioneering streamer's unparalleled success as a niche mine development finance provider since its inception in 2004, the market has been flooded by copycats all tryin...Read More
A technology that uses magnetic nanoparticles to capture valuable materials from brines is being launched today by its developer, the U.S. Department of Energy's Pacific Northwest National Laboratory, and its licensee, Moselle Technologies.According to these organizations, the core nanoparticle in the development consists of a form of iron oxide better known as magnetite. This core particle is use...Read More
Memorable corporate and political anniversaries are front of mind at the moment, as is an historic expedition with a valuable lesson for risk assessors everywhere.Newmont recently celebrated its 100th anniversary of incorporation. Colonel William Thompson had founded Newmont Company (an amalgamation of New York and Montana) in 1916 to hold his investments, and incorporated the enterprise five year...Read More
A new report by Fitch Solutions forecasts that some 'conventional' commodities will receive an added boost in the next 20 years as they take a central stage in the green and digital transitions. Among these commodities are copper, nickel, tin, aluminium and rare earths which, together with lithium and cobalt, are expected to see a demand boom on a multi-decade horizon amid the battery revolution....Read More
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