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
Concentrate production and the shipment of commercial concentrates has begun at MAG Silver Corp.'s large-scale Juanicipio plant in Mexico.Concentrate production and the shipment of commercial lead and zinc concentrates has begun at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) large-scale Juanicipio plant in Mexico.The company said regular shipments have started and will continue going forward....Read More
The company reported March quarter production and cost performance in line with expectations at 145,900t tonnes at a cash cost of US$1.Read More
The project aims to extend the mine life from 2028 until 2036, using the same footprint and maintaining production. Antamina produces about 560,000tpa of copper equivalent.Read More
The country, which produced 2.2Mt in 2022 and counts with 98Mt of copper reserves, has seen its production grow 88% production since 2012 to become the world's second-largest producer.Read More
The share price was up almost 5% on the week in Thursday trade, at 198.8p/share on the London Stock Exchange.Read More
"The volatile political, economic and social situation has continued to impact Peru in recent months, and this has resulted in a tough operating environment for Hochschild's two mines," chiefRead More
The gold room contained about one month's production from Lomada and Cap-Oeste deposits. No employees were fatally injured, although three suffered minor injuries.Read More
(IDEX Online) - The diamond world has been rocked by the US Treasury Department's blacklisting on Tuesday of companies with alleged links to the financing of the Hezbollah terror group, in Lebanon.A total of 52 individuals and entities, including a few diamond companies, appear on the Office of Foreign Assets Control (OFAC) list, accused of supplying cash, precious gems, art, and luxury goods...Read More
(IDEX Online) - Petra Diamonds suffered a sharp fall in its quarterly sales to 31 March, down almost 52 per cent to 67.8 per cent on Q3 2022.It also sold almost 37 per cent fewer diamonds - 465,138 carats - than during the same period last year.The miner's Williamson deposit, in Tanzania, remains closed after the breach of a tailings dam, which released a five-mile river of gray sludge, damag...Read More
(IDEX Online) - A unique Rolex Yacht-Master, made entirely of platinum for the company's then CEO Patrick Heiniger, is to be sold with an estimate of ???EUR? ?1m to ???EUR? ?2m ($1.1m to $2.2m).The dial features diamond hour markers with baguette-cut sapphires at six and nine and a triangular-cut sapphire at 12.It was presented to Mr Heiniger, who took over from his father Andre Heiniger in 1...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelBase metals mixed Copper production increased 18% year-on-year, to 6,700t produced, "largely attributed to the improved operational performance of Sossego mine and the steady ramp-up of Salobo III,"Read More
The mining giant has cut its mined copper guidance for 2023 to 590-640,000t, from the guidance of 650-710,000t issued at the start of the year.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"The launch of this cutting-edge technology breaks the limits that have long restricted the development of the battery sector and will open up a new scenario of electrification centering on high levelRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points at 8:35 AM EDT.Index futures dropped another 3 points following release of the April Philly Fed Index at 8:30 AM EDT. Consensus was a recovery to -19.9 from -23.2 in March. Actual was a drop to-31.3.IBM advanced $2.60 to $129.00 after reporting higher than consensus first quarter earnings. Las Vegas Sands ga...Read More
After extended and painful deliberation... we have arrived upon an unshakeable conclusion:The most dangerous human being on Earth is the ideological human being.It is the ideological human being - the human being set aflame by theory and belief - that most menaces our individual and collective happiness.For the ideological man would wreck the world before he would see his ideology wrecked.This is...Read More
Greetings from a lovely Northern Italy!First, last week's piece on financial formulas received fantastic feedback. I'm grateful.I won't do financial mathematics every week, but the feedback gave me a clue to dial it back a bit.So I'll try to keep things as simple as possible so you can protect yourselves from what's eventually coming.Good friend and colleague Doug Hill and I were on the horn the o...Read More
Year-over-year federal revenues have declined 1%.Yet year-over-year federal expenditures have increased 36%.This we learn from the Bipartisan Policy Center, so-called.And so the Empire of Debt plunges deeper into debt's abysmal black depths. It will never surface of course.We find it instructive that the German word for debt - schuld - is a synonym for guilt.Debt equals guilt, guilt equals debt.It...Read More
Green River Gold Corp. (CSE: CCR) (OTC Pink: CCRRF) (theRead full newsRead More
https://www.wsj.com/articles/copper-shortage-threatens-green-transition-620df1e5 Source: Wall Street Journal #cloudnews ...Read More
WATCH: Red Cloud Financial Services Webinar Series Presents: ENRG Elements Limited (ASX:EEL) is focused on the ...Read More