RAPAPORT... Jeweler Mehul Choksi will likely be repatriated to India following his capture in Dominica, an island nation in the Caribbean, Reuters reported.Choksi's arrest comes two years after his nephew, Nirav Modi, was apprehended by the Metropolitan Police in the UK on behalf of the Indian authorities.The two fugitives, along with others, are alleged to have defrauded India's Punjab Natio...Read More

(IDEX Online) - Diamonds seized from illegal miners in Lesotho are to be sold to licensed dealers by the country's mining ministry.Small-scale diamond mining was outlawed in 2004 because of safety concerns and a lack of regulation, although there are reports that the government is now about to permit the resumption of limited artisanal operations.Bids are being invited during a two-day tender...Read More

(IDEX Online) - De Beers has partnered with Disney for the first time, providing high jewelry for the new movie Cruella.British actress Emma Thompson (pictured) wears pieces from the Arpeggia collection as she plays the fashion designer Baroness Von Hellman in a new take on the classic 101 Dalmatians, set in 1970s London.They include a five-line necklace and three-line earrings in white gold and t...Read More

(IDEX Online) - A London jeweler has launched a tiara-for-hire service, as brides take their inspiration from TV period dramas.Hancocks, founded in 1849 and located in Mayfair, is making its collection of vintage and antique treasures available for the big day.It charges one per cent of their value for a 24-hour loan, which works out at a little over $1,300 for one of the highlights of its collect...Read More

Hot-rolled coil prices in China's domestic market cruised higher on Monday May 31, with the futures market extending its rally.DomesticEastern China (Shanghai): 5,500-5,600 yuan ($864-880) per tonne, up by 100 yuan per tonne.The most-traded HRC October contract on the Shanghai Futures Exchange hit a high of 5,535 yuan per tonne on Monday morning, extending its rally from late last week.While spot...Read More

China's domestic rebar prices rose sharply on Monday May 31 following strong gains in the billet market over the weekend, but demand decreased in response to the increases.DomesticEastern China (Shanghai): 5,000-5,030 yuan ($785-790) per tonne, up by 170 yuan per tonne A $6-trillion budget for the United States' fiscal year 2022 unveiled by President Joe Biden last Friday led to bullish sentiment...Read More

Import prices for rebar in Singapore continued to fall in the week to Monday May 31 amid sustained bearishness in the Asian market, sources said.Buyers continued to abstain from purchases, and instead watching out for when offers stop falling in the region before they commit to any cargoes, a buyer source in Singapore told Fastmarkets.Most major buyers also have a lot of inventory, which makes it...Read More

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherThe above intercept, from 12.19m, also included 19.8m at 2.44g/t gold.A second hole intersected 59.1m at 1.03g/t from 3.04m, including 15.2m grading 2.94g/t.Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherCEO J. Paul Stevenson said the results were exciting and showed "excellen...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe DRC has reintroduced its ban on copper and cobalt concentrate exports, which expired on April 12, and Ivanhoe said it was aware of the order issued to customs officials by a provincial director in Katanga.However the company said it was also aware of a subsequent letter confirming companies with an exempt...Read More

The TSX Composite Index is expected to open slightly higher in quiet trading this morning.The Index is expected to respond to closed equity markets in the U.S. and U.K where annual holidays are celebrated. The TSX Composite Index at 19,852.18 at the close on Friday is expected to test the 20,000 level in early trade.Canadian energy equities are expected to open higher thanks to higher energy price...Read More

Key data from Fastmarkets' pricing session in China on Friday May 28.Key drivers Price has declined steadily since peaking at 69,000-70,000 yuan ($10,833-10,990) per tonne in early March.Most Chinese participants chose to temporarily withdraw from the market given weak demand from the downstream...Read More

The Northern Miner's second-quarter Global Mining Symposium in mid-May was a great success, with 1,432 delegates tuning in from 86 countries. In this issue we cover the conference's keynote speakers, Jake Klein of Evolution Mining and David Garofalo of Gold Royalty.Over the last year and a half, Klein has expanded the Australian gold miner's footprint overseas, with two large acquisitions in Canad...Read More

The Northern Miner and sister company MiningIntelligence have put together a list of the top ten Canadian operators in the countries that make up the South American Cordillera. Their order or ranking is based on market capitalization as of May 27.The list encompasses those companies with open-pit or underground mines in Argentina, Bolivia, Chile, Ecuador and Peru.Commodities include copper, gold,...Read More

Dundee Precious Metals (TSX: DPM) will add its first project in the Americas to its portfolio by acquiring all the shares it doesn't already own in junior miner INV Metals (TSX: INV), which owns the advanced-stage Loma Larga gold project in southern Ecuador.As part of the deal, Dundee will buy each of the issued and outstanding common shares of INV Metals it does not currently own for 0.0910 of...Read More

Goldsource Mines (TSXV: GXS) is rapidly advancing the Eagle Mountain project in Guyana, the country's second-largest undeveloped gold deposit, CEO Steve Parsons tells The Northern Miner in an interview.On February 22, the Canada-based company published a new National Instrument 43-101 resource estimate update on the project, essentially doubling the indicated and inferred resource categories to ju...Read More

President Jair Bolsonaro of Brazil promised the Yanomami indigenous people that he would respect their wishes to keep mining out of their reservation in the Amazon, though he still plans to use other indigenous lands for commercial agriculture and mining.In a video released late on Sunday, the former Army captain is seen talking to indigenous leaders in Maturac??, an Amazon village at the western...Read More

The Dow Jones Industrial Average rose 0.94%% to finish the week at 34,529.45 and the S&P 500 advanced 1.16% to 4,204.11. Spot gold gained US$22.80 per oz., or 1.21%, to US$1,903.50 per ounce. Nutrien climbed US$2.19 to US$62.15 per share. Canada's Globe and Mail newspaper reported the company is in talks with BHP Group about a potential US$5 billion joint venture on BHP's Jansen potash mine in...Read More

The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals Index surged 4.04% to 175.51. Spot gold increased by US$22.80 per oz., or 1.21%, to US$1,903.50 per oz., and the S&P/TSX Global Gold Index fell 0.25% to 332.35.Ivanhoe Mines was the second most actively tr...Read More

JUNEAU, Alaska (AP) - A proposed gold mine in western Alaska has won a key approval,...Read full newsRead More

TRU announces the start of its summer 2021 exploration program across its district-scale land package in the Central Newfoundland Gold Belt.Read full newsRead More