What are the new fundamentals for crude oil to look at this week?Could Asian demand be slowed down by Saudi Arabia raising its prices? Crude oil prices soared earlier this weekafter Saudi Arabia said on Sunday it would raise crude oil prices for mostregions except the United States. Just days after opening the floodgates alittle wider (as announced lastweek following an OPEC+ meeting), Saudi Arabi...Read More
The latest inflation report has "beat" "market" "participants" "expectations"...(by Half Dollar) The official inflation report, the Consumer Price Index, has just been released for the month of May, 2022.According to the BLS, in May:Prices are up 1.0% from last month.Prices are up 8.6% over the last 12 months."Traders" and "investors" are apparently selling their silver because inflation is blazin...Read More
Uranium has been boosted by a promising change to the U.S. Government's nuclear fuel procurement policy, while zinc continues to benefit from high power prices which are limiting supply.Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe meeting, held on June 9 on the sidelines of the Summit of the Americas, was a further indication of the politic...Read More
Drill hole number 60 was collared almost 2km northeast of previous drillhole 41 and has intersected what it interpreted as a separate porphyry system along the Filo del Sol corridor, the firm said inRead More
(IDEX Online) - A new record for the world's largest polished lab grown diamond has been set by Indian company Ethereal Green Diamond LLP, with a 30.18-carat stone.It snatches the title from Greenlab, another Indian company, which announced just over two weeks ago that it had produced a marquise step cut 27.27-carat diamond.Both stones were certified by IGI. The 30.18-carat emerald-cut gem, c...Read More
It's part of a move by the country to accelerate the development of a formal mining sector.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 44 points in pre-opening trade.U.S. equity index futures moved lower following release of the May Consumer Price Index at 8:30 AM EDT. May U.S. Consumer Price Index to be released at 8:30 AM EDT on Friday was expected to increase 0.7% versus a gain of 0.3% in April. Actual was an increase of 1.0%. On a year-over-year...Read More
Filo Mining (TSX: FIL; OTC: FLMMF) has discovered a new porphyry copper-gold centre along the Filo trend, about 2 km northeast of the Breccia 41 zone at its Filo del Sol project in San Juan, Argentina.Part of its ongoing drill program at Filo del Sol, hole FSDH060 intersected 738 metres at 0.39% copper, 0.14 gram gold per tonne and 1.4 gram silver per tonne, from a depth of 332 metres. This hole i...Read More
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base and battery metal explorers and developers are attracting increasing interest from investors. Below are eight companies operating in the space.AMERIWEST LITHIUM1: Ameriwest Lithium's Edwards Creek project i...Read More
Qu?(C)bec-focused gold miner Abcourt Mines (TSXV: ABI) has entered into a non-binding agreement to acquire all issued and outstanding shares of Pershimex Resources (TSXV: PRO) by way of a three-cornered merger. Abcourt says the proposed transaction is part of the company's vision to create a larger and more diversified emerging gold producer and explorer in the province.Pershimex shareholders wil...Read More
Perpetua Resources (Nasdaq: PPTA; TSX: PPTA) is building momentum on its legacy cleanup in Idaho, and has selected IMCO Construction as a partner to begin water quality improvements in the historical Stibnite mining district this summer.Known as Midas Gold until last year, the company moved its headquarters from Vancouver to Boise, Idaho, where it is restoring the historic brownfield site of its...Read More
New ETFs in Europe, billions of dollars raised and spent on physical uranium by Sprott, aggressive reactor construction programs, mine restarts, rising contract pricing, positive turns in public sentiment: Driven by powerful geopolitical and climate related trends, nuclear energy has finally moved out from the shadow cast by Fukushima and is bringing fundamental change to the uranium sector.The st...Read More
BOISE, Idaho - Perpetua Resources Corp. has announced that IMCO Construction has been selected as a partner to begin water quality improvements in the historical Stibnite mining district in centralRead full newsRead More
A newly renamed company pitching a freshly revamped proposal for an open-pit gold mine on the Eastern Shore has submitted its environmental assessment of the project to the province. Signal Gold, previously known as Anaconda Mining, wants to develop a mine in Goldboro, N.S., about 250 kilometres east of Halifax. The project would include two open pits, a processing facility, a tailings management...Read More
06/10 In Bolivia's Amazon tensions are rising over a boom in wildcat gold mining that is driving a surge in imports of mercury used to extract the precious metal and is sparking conflict between small-scale prospectors and local indigenous groups.Read full newsRead More
Carnival Corporation & plc (NYSE:CUK) concluded the trading at $10.84 on Thursday, June 09 with a fall of -9.44% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $11.97 and 5Y monthly beta was reading 2.08 with its price kept floatRead full newsRead More
Russian oligarch Yevgeny Prigozhin, also known asRead full newsRead More
Dow Inc. (NYSE:DOW) at last check was buoying at $63.37 on Friday, June 10, with a fall of -3.79% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $65.86 and 5Y monthly beta was reading 1.48 with its price kept floating in the range ofRead full newsRead More
A newly renamed company pitching a freshly revamped proposal for an open-pit gold mine on the Eastern Shore has submitted its environmental assessment of the project to the province. Signal Gold, previously known as Anaconda Mining, wants to develop a mine in Goldboro, N.S., about 250 kilometres east of Halifax. The project would include two open pits, a processing facility, a tailings management...Read More