RAPAPORT... Alrosa has shut all operations at its polishing units until further notice, as it waits for demand and health conditions to improve.The closure affects the miner's three manufacturing centers: its original two in Moscow and Barnaul, and the Kristall cutting division in Smolensk, which it purchased from the Russian government last year for $29 million. It does not plan to reopen th...Read More
(IDEX Online) - Banks in Belgium have been accused of refusing vital loans to help diamond firms survive coronavirus.The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline.The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis.But AWDC spokeswom...Read More
(IDEX Online) - India's Bharat Diamond Bourse has donated $159,000 to help workers hit by COVID-19. It has also been helping to feed up to poor residents living near the Bandra Kurla Complex where it's based, in Mumbai. And it has made one-off subsistence payments of $66 each to 800 daily-wage sorters and traders and plans to make more. The $159,000 donation was made to the chief ministe...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpencer has had senior roles with Western Mining Corporation, Placer Dome, Barrick Gold, Kagara, Gold Fields and Aditya Birla Minerals, and also oversaw the ramp-up and production of the Ban Phuc nickel mine."[Spencer's] substantial experience of transitioning projects from ramp-up to commercial production and driving ongoing...Read More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
"@MA_BC 2012 - Pierre Lebel (Imperial Metals)2016 - Terry Mulligan (President and CEO of the Mining Suppliers Association of B.C)2018 - Richard Tremblay (Taseko)"Read full newsRead More
"Bought some Americas Silver and Gold @americas_gold at $2.92 today. As they ramp up a new heap leach gold mine in Nevada. This mine will be a cash-flow machine as it ramps up."Read full newsRead More
This will be the third halving since Bitcoin's inception in January 2009 and from a price perspective, both of the previous events were very bullish for the cryptocurrency, triggering rises of 81 times and 30 times in the 18-month period after the 2012 and 2016 halvings respectively.Read full newsRead More
FIDELITY SELECT ADVISOR (R) GOLD FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata.Read full newsRead More
The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More
""The economy" isn't shut down. Far from it. Walmart & Dollar General & Amazon open.It just so happens that big-box mass merchandisers & online retailers responsible for flooding USA with crap from Communist China open.Meanwhile, family-owned shops, the backbone of USAclosed"Read full newsRead More
"GR Silver Mining Provides an Update on Gold and Silver Exploration Results at the San Marcial Project https://t.co/91nE21MFws"Read full newsRead More
A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More
There’s no denying that it’s a frothy market and metals investing is still dogged by uncertainty. But there are growth opportunities to be had despite many commodities still being undervalued. Some of them have huge upside potential.But which ones belong in your stock portfolio? Four metals. Four exemplary stocks. Let’s explore the options for investors seeking upside today in so...Read More
The yellow metal has been a proven winner in the market turmoil this year. While TSX stocks at large corrected 30% in just 20 trading days, gold and allied assets stayed notably stronger amid the pandemic crash. Some of the hardest-hit sectors, like aviation and hospitality, are still down about 50%, despite the recent bounce back. However, TSX gold miner stocks have surged almost 60% so far this...Read More
The coronavirus has hit the world in a way nobody could have ever expected. Economies have been shut down, throwing millions of people put out of work and forcing governments to act quickly to try to minimize the impact. One TSX industry that will see a big impact from this is gold stocks.There isn’t much that a lot of these governments can do. Plus, it’s unprecedented that so many peo...Read More
Cigar Lake underground uranium mine, Saskatchewan, Canada. Source: Cameco.com Cameco has announced that it is resuming production at the uranium hexafluoride (UF6) plant within its Port Hope conversion facility and its Blind River refinery in Ontario. The two operations are planned to restart the week of May 18 and ramp-up to full production by the week of May 25.On April 8, the company announce...Read More
It's hard to remember a time when U.S.-China relations were worse than they are now. I mean, it's bad. Really bad.The calls to punish China for its mishandling of the coronavirus are growing - in number, scale, and intensity.And China is responding with threats, propaganda, cyberattacks, and military muscle.The rising tensions are unmistakable. They could even lead to an all-out war.I know becau...Read More
Nordberg HP900 cone crusher Credit: Metso Metso has introduced the Nordberg HP900 series cone crusher for the aggregate and mining markets.The HP900 is designed to bring operators increased performance at reduced capital costs and is an upgrade to the well-known HP800 cone crusher that has more than 175 installations with approximately 80% of the parts compatible between the two models. HP900 co...Read More
Image from Team 1305. On April 3, Vale (NYSE: VALE) launched a covid-19 challenge in Canada to help generate innovative solutions during the pandemic by offering financial support of up to C$1 million. Nearly 1,800 solutions were submitted globally and over 300 came from Canada."The participation on this initiative was incredible, exceeding my expectations and is a great example of how open inn...Read More