Kitco, Released on 7/29/22Once Powell mentioned the Fed is leaning towards normalizing rates as soon as early 2023, Continue... Peak Fed hawkishness sparks gold short squeeze added by Herman James on 07/29/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 7/29/22With both the headline and core inflation signals re-accelerating, it appears the 'peak inflation' narrative has busted once again.Continue... Fed's Favorite Inflation Indicator Jumps To New 40-Year High added by Herman James on 07/29/2022View all posts by Herman James ?+'Read More
Geophysical surveys often reveal secrets just below the surface. One junior explorer operating in Quebec's prolific Val d'Or mining camp has found a few of those secrets and it's ready to drill them to see if a secret or two could become something much more valuable.Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) has identified no less than six drill-ready anomalies following an elect...Read More
The overnight marketed public offering will issue 15.2 million shares priced at 66c each.Read More
Glencore's chief executive officer Gary Nagle used the firm's first-half production results today - which included a 4.5% downward revision in the firm's copper guidance for this year to 1.Read More
Look beyond market approach to project valuations: van ZylLeadershipAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe miner, which originally joined the ASX in 2004, has gained approvals to delist on August 31. Local investors have one...Read More
The disconnect between rising demand and stagnant supply growth is being reflected in continued upward pressure on critical mineral prices, the bank said.Read More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDOn July 19, the Vatican Secretariat for the Economy announced a new set of investment guidelines for the Holy See and the Vatican City State, with effect from September 1.Read More
The company's adjusted net earnings more-than-halved year on year to US$33.3 million in Q2, down from $67.1 million in the same period last year. On a per share basis, they fell to $0.17 from $0.37.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for June PCE Price Index was 6.6% versus 6.3% in May. Actual was 6.8%. Excluding food and energy, consensus was unchanged from May on a year-over-year basis at 4.7%. Actual was 4.8%. Consen...Read More
Once considered a pariah, Bolivia is quickly gaining a reputation as an exciting jurisdiction for mineral exploration.First in was New Pacific Metals (TSXV: NUAG) which acquired the Silver Sand project in 2017 and signed a first-of-its-kind mining production contract with state mining firm Comibol for the surrounding 56-sq.-km land package. The company is now advancing the project in central Bol...Read More
Uranium Energy Corp. (NYSE: UEC) announced overnight that it had received a competing offer to acquire uranium exploration outfit UEX Corporation (TSX: UEX) and named Denison Mines (TSX: DML) as the bidder.UEC announced on June 13 an all-scrip bid of 0.0831 of one UEC share in exchange for each outstanding UEX share. It provides an implied consideration of $0.43 per UEX share, which is a 50% premi...Read More
This year's ranking of the top 10 U.S.-based juniors to mid-tiers (excluding precious metals and coal) based on market capitalization as of July 21 and compiled by our sister company Mining Intelligence features two new entrants - Brazil Minerals and Excelsior Mining.1 ENERGY FUELSMarket cap: $1.6 billion (US$1.2 billion)Headquartered in Colorado, Energy Fuels (TSX: EFR; NYSE: UUUU) is the leading...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has reported an increase of 22% in operating costs for the three months to June 30 and a 26% jump in costs per ounce sold, forcing the miner to revise its consolidated cost guidance for the year.The company now expects operating costs to reach between US$700 and US$750 per ounce sold, while total cash costs were placed in the range of US$790 to US$840 per ounce...Read More
Zinc, the metal primarily used in the galvanizing process which protects iron and steel from rusting, may be facing a supply shortage as Europe has lost about half of its zinc and aluminum smelting capacity within the past year.Market analyst Fitch forecasts that global mined zinc production will grow moderately in 2022 as high prices encourage miners to expand output.Mining Intelligence data sh...Read More
Brendan Cummins, Executive Director, Black Canyon Ltd Limited (ASX: BCA), an Australian manganese-dedicated explorer and potential developer, in Northeast Pilbara, of Western Australia. In the last 12 months, the Company has successfully delineated a very large tonnage manganese-enriched, shale-style-ore body, at their flagship Flanagan Bore project, in joint venture, with Carawine Resources Limit...Read More
The Daily Gold, Released on 7/29/22Greg Weldon joins us to cover global macro, Federal Reserve policy and Gold. Greg is weighing different scenarios and one that he mentions is the potential for a medium term rally in stocks, commodities and Gold. The market could be sensing the end of Fed rate hikes and this could hit the dollar and result in a rally in the aforementioned risk assets. Jordan Roy-...Read More
Real Vision, Released on 7/29/22We're witnessing the greatest stock market rally in the aftermath of a Federal Reserve rate hike since the 1970s, as investors seem to be celebrating inflation's end. That's despite the fact that the personal consumption expenditures price index, the Fed's preferred inflation gauge, surged to 6.8% in June, the highest reading since June 1982. Jerome Powell said this...Read More
THE EARLY STAGE INVESTOR, Released on 7/29/22Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Using The Manipulation To Your Advantage!! | News With Andy Schectman added by Herman James on 07/29/2022View all posts by Herman James ?+'Read More
Wall Street Silver, Released on 7/29/22Tavi Costa from Crescat Capital joins us today to explain his latest charts. We also discuss the similarities between the 1970s crisis economics and today's economy.Tavi's Twitter: https://twitter.com/TaviCosta?s=20&t=...Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that...Read More