(IDEX Online) - The IDEX Polished Price Index declined steadily throughout April, falling by over 2.1 per cent by the month end. It continued a trend set during all but the first few days of March. Before that the Index had enjoyed months of sharp increases - 5.67 per cent in January and 4.14 per cent in February. IDEX Online subscribers please click here to read the full report. Read More
(IDEX Online) - Twelve women died in a landslide at an illegal gold mine in Indonesia.They were working two metres underground at an abandoned mine in Mandailing Natal district, North Sumatra, when a cliff collapsed, triggering the landslide on Thursday (28 April). Two women who were above ground at the time survived.Police chief Marlon Rajagukguk told local media: "The cliff around the mine...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade. Chevron slipped $0.28 to $156.39 after Truist lowered its target price from $186 to $181.Ford eased $0.05 to $14.11 after Benchmark lowered its target price from $29 to $25.Eli Lilly added $0.01 to 292.14 after Mizuho raised its target price from $315 to $356.Shopify dropped $1.82 to US$...Read More
Ukraine's suffering is under every eye…Russia's desecration of Ukraine appalls all right-thinking men. Yet many of these men insist you know of their appallment.We believe the term is "virtue signaling."They appear daily on the television, wringing their hands, rending their cloths... and gnashing their teeth.They yell about the march of evil. The murder of innocents. The fading of freedom,...Read More
The Global Reporting Initiative is an ESG standard used by the vast majority of the world's largest public companies to disclose their environmental, social and governance risks. But it only directly highlights Indigenous rights as material to a public company's sustainability reporting when a community has sued or registered a complaint against the company. It's something a coalition of 86 First...Read More
Snow Lake Lithium (NASDAQ: LITM) has provided the first results of winter drilling at the northeast extension of its Thompson Brothers (TBL) spodumene pegmatite deposit located in northwest Manitoba. These results represent only the first three of the 40 total holes that Snow Lake has submitted for analysis.The best intercept came from TBL-027, with an intersection of 1.49% LiO2 (lithium oxide) o...Read More
A recent study by KU Leuven University in Belgium shows that meeting the European Union's Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe's current use.According to the paper, the energy transition will also require 30% more aluminum than what is employed today in the continent, as well as 35% mor...Read More
In what has been labelled a 'pro-mining judgment against the environment' by a non-governmental organization, Chinese-owned base metals producer MMG Inc. has won the right to continue preliminary works for a controversial mine tailings dam inside the takayna/Tarkine rainforest in Tasmania's west.In a statement released on May 2, the Hong Kong-listed and Melbourne-headquartered miner welcomed the F...Read More
Australia's South32 (LSE: S32; ASX: S32) is on track to double its green aluminum production in Brazil by early 2023 with the acquisition of an 18.2% stake in the Minera????o Rio do Norto (MRN) bauxite mine from Alcoa Corp. (NYSE: AA).The transaction represents a crucial step for the company in consolidating its vertically integrated aluminum supply chain in Brazil, bringing South32's holdings in...Read More
Alianza Minerals (TSXV: ANZ) announces that partner Allied Copper Corp. has completed an airborne magnetics survey at the Klondike Property.Read full newsRead More
Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR, TSXV:SWA) is pleased to announce that the Company's securities have commenced trading on the Australian Securities Exchange ("ASX") under the ASX code SRR following a strongly supported public offering which saw A$8M raised predominantly fr...Read full newsRead More
There is a quote I've been reluctant to drop in the last two months even as I've been citing a whole lot of history that mirrors what we're seeing today in everything from arms to food to global logistics."We must be the great arsenal of democracy. For us this is an emergency as serious as war itself. We must apply ourselves to our task with the same resolution, the same sense of urgency, the same...Read More
The Luxembourg-based green energy fund, Thematica Future Mobility, is the "cornerstone" backer of the raising that is pricing 22.2 million new shares at 67c each.Specifics weren't disclosed.Sovereign's Kasiya rutile project in Malawi features the largest deposit in the world, and a potential major source of "low carbon footprint critical minerals natural rutile and graphite".Natural rutile is the...Read More
Toronto-listed Nutrien, the world's largest fertilizer company, has raised its full-year 2022 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance toRead More
Share this articleVANCOUVER - Sun Summit Minerals Corp. [SMN-TSXV; SMREF-OTCQB] reported initial drill results from its winter 2022 exploration drill program and has discovered new zones of bulk-tonnage-style gold-silver-zinc mineralization on its 100%-optioned Buck property, near Houston, central British Columbia.New zones discovered of strong gold-silver-zinc mineralization included westernmost...Read More
Baron Rothschild is credited with saying, "The time to buy is when blood is running in the streets."He's been re-quoted by everyone from Mobius to Rockefeller. But through extensive research, I uncovered this bit from The New York Times circa 1931...It is told of this Baron Rothschild that in the days following the defeat of France in the Franco-Prussian War, when the mob ruled Paris, that a frien...Read More
We spoke with Adrian Smith, who is President, CEO and Director of ArcPacific Resources Corp. (TSX-V: ACP), a Canadian-focused, gold and copper exploration company, advancing their 100% owned, Lucky Mike Silver Lode Project, located 20km north of Merritt, British Columbia, Canada, in the Nicola Mining Division. The project is adjacent to the largest copper mine in Canada, in a known productive copp...Read More
DoubleLine Capital, Released on 5/3/22 (Recorded on 4/26/22)*This interview was recorded on April 26th, 2022In an April 26 overview of the macroeconomy and markets, DoubleLine CEO Jeffrey Gundlach warns (0:54) the Federal Reserve has a "tricky balancing act" on its hands. Inflation is forcing the Fed to raise interest rates even as the U.S. economy stands to suffer a "huge payback" after a stimulu...Read More
Roger James Hamilton, Released on 4/29/22An Interview with me and Jim Rogers, who co-founded of the Quantum Fund with George Soros. Within 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. In this interview Jim covers where he is now investing and the coming crash "The biggest bear market in my lifetime". We also cover everything from Jim's move to Singapore, his record-break...Read More
Peak Prosperity, Released on 5/3/22Part 2 found here:https://peakprosperity.com/the-great-...The economy does not produce energy. It uses energy. It depends on energy. No energy = no economy. It's a very simple equation really, and one that is easily intuited.But somehow, we have unserious people making unserious decisions that will have entirely serious consequences and I'd like you to avoid them...Read More