Gold Switzerland, Released on 4/20/22Most investors will lose more money than they thought they ever had. And a few will build substantial and sustainable wealth.Continue... Egon von Greyerz: The Biggest Wealth Transfer In History added by Herman James on 04/21/2022View all posts by Herman James ?+'Read More
Shares of steel wire manufacturer Insteel Industries Inc. traded 10.5% higher after the company reported Q2/22 financial results that highlighted a 53% YoY increase in revenue and a 65.4% increase in average selling prices.Steel wire reinforcing products manufacturer Insteel Industries Inc. (IIIN:NYSE), which fabricates prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) us...Read More
Blackwolf Copper and Gold Ltd. has increased its resources and holdings in Alaska by staking new claims and continuing with infill and expansion drilling. Couloir Capital Ltd. commented in a research note that it has initiated coverage on Blackwolf Copper and Gold Ltd. with a "Buy" rating and estimates that the company has a "Fair Value" of CA$1.28 per share.Couloir Capital Ltd. Mining Analyst Nia...Read More
The judge ordered the suspension on the grounds that the no prior consultation process had been undertaken with local communities.Read More
Shares in the firm fell 6% or $3.14 to $46.70 on the New York Stock Exchange following the new guidance. Average unit net cash costs in first-quarter 2022 were $1.Read More
"Production in the normally slower first quarter was 10% lower than the same period in 2021, impacted by peak Covid-related absenteeism, high rainfall affecting operations in South Africa and Brazil,Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThree events occurring in quick succession are combining to set the scene for a once in a generation economic policy challenge.Read More
(IDEX Online) - The GIA grading lab says it will soon be able to tell retailers and consumers which country their diamonds come from.It says it is developing a service called Source Verify, that buyers will access through its online Report Check service at no extra cost.GIA (Gemological Institute of America) does not specifically mention sanctions on Russian diamonds, but president and CEO Susan J...Read More
(IDEX Online) - Petra Diamonds says revenue increased by a third (33 per cent) in the last quarter to $140.6m, driven by a surge in prices.The UK-based miner said like-for-like prices at its March tender were up 37.6 per cent on December and a 157.88ct Type IIa white stone from its Cullinan mine sold for $5.5m.CEO Richard Duffy spoke of a "positive outlook for the business" in a trading update pub...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDThe US$740/t achieved compares to the $459-668/t recorded in the previous four quarters and represents a revenue to cost ratio of 3.3 to 1 - ver...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDMarch quarter iron ore production of 59.7 million tonnes was 10% lower than the December quarter due to COVID-18 constraints, train driver short...Read More
The fleet includes passenger buses, minibuses, vans, mobile solar checkpoints, and Chile's first high-tonnage electric truck.Read More
Antofagasta copper production in the first quarter of 2021 was down 24% year on year, and 22% quarter on quarter, at 138,800 tonnes. Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 38 points at 7:30 AM EDT. The April Philly Fed Index to be released at 8:30 AM EDT is expected to slip to 20.9 from 27.4 in March.Focus is on Federal Reserve Chairman Powell's speech at 1:00 PM on monetary policy.Tesla gained $49.38 to $1,026.50 after reporting higher than consensus first quarter revenues and earnings....Read More
Development of the Northwest Territories will be essential for Canada to produce batteries and tackle climate change, Canada's Minister of Transport, Omar Alghabra, said during his first visit to Yellowknife. Alghabra, who visited the region to promote this year's federal budget said that the government would work with the territory to help it extract more minerals from the region in a responsi...Read More
Mexico has officially nationalized its lithium industry after the Senate approved by 87 votes in favour, 20 against and 16 abstentions the mining reform proposed by President Andr?(C)s Manuel L??pez Obrador, which gives the state exclusive rights over the battery metal.The law, which came into force on Thursday, was approved in record time - only two days after introduced by L??pez Obrador to Con...Read More
Shares of Nevada Sunrise Gold (TSXV: NEV) reached a new 52-week high as the company reported intersecting lithium mineralization "over significant widths" in its inaugural two-hole drilling program at its 100%-owned Gemini Lithium project in Nevada. Highlights of the drilling, which began last month, included 61 metres grading 950.57 parts per million (ppm) lithium starting from 97.6 metres in dr...Read More
FPX Nickel (TSXV: FPX; OTC: FPOCF) is in the process of completing an internal scoping study to further evaluate the option to produce nickel sulphate for the electric vehicle battery sector from nickel concentrates produced by its Baptiste deposit in central B.C. The study incorporates the positive results of previous leaching test work on the clean, high-grade Baptiste nickel concentrate (63% ni...Read More
Chilean miner Antofagasta (LSE: ANTO) said on Thursday the ongoing expansion of its flagship Los Pelambres copper operation in the home country would cost US$2.2 billion, up from the previous estimate of US$1.7 billion.The revised figure represents a 30% increase from the costs estimated in 2021 and a 70% jump from the original estimate of $1.3 billion.The company said the main reasons behind the...Read More
The winners of this year's Young Mining Professionals (YMP) awards are Shelby Yee of privately held RockMass Technologies and Alex Dorsch of?EUR?Chalice Mining?EUR?(ASX: CHN; US-OTC: CGMLF). The YMP awards, presented in association with The Northern Miner, recognize two mining professionals under forty who have demonstrated exceptional leadership skills and innovative thinking and provided value...Read More