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Sarine Files More Lawsuits Against Alleged Pirates of Surat

May 24, 2022 / www.idexonline.com

(IDEX Online) - Diamond tech firm Sarine has filed a series of lawsuits in and around Surat for alleged piracy of its mapping software.Raids were carried out at eight locations in India's cutting and polishing capital last Wednesday (18 May) after a court granted the company ex-parte orders.Sarine was unable to provide details, but said: "It is believed that the court commissioners were able...Read More

Base metals mainly under pressure as rebounds pause

May 24, 2022 / www.metalbulletinresearch.com

Base metals prices on the London Metal Exchange were mainly weaker on the morning of Tuesday May 24, while those on the Shanghai Futures Exchange were more mixed.• United States President Joe Biden considers easing tariffs on China• Japan’s flash manufacturing purchasing mangers’ index (PMI) dips to 53.2, from 53.5• Bank of Japan’s core consumer price index (CPI) clim...Read More

North American miners to see copper AISC rise 19%

May 24, 2022 / www.mining-journal.com

 AISC costs were already driven higher in the first quarter of this year by a combination of factors, including higher energy, labour, and equipment costs in a higher inflationaryRead More

Tech Talk for Tuesday May 24th 2022

May 24, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 46 points in pre-opening trade. Zoom gained $4.21 to $93.54 after first quarter results beat consensus estimates. The company also offered positive second quarter guidance. Best Buy added $3.41 to $76.00 after reporting higher than consensus first quarter revenues. Snap plunged $6.96 to $15.51 after the company lowere...Read More

Filo Mining rises on long copper intercept at its Filo del Sol project in South America

May 24, 2022 / www.northernminer.com

Shares of Filo Mining (TSX: FIL) reached an all-time high as the company reported its best hole yet in terms of copper-equivalent and intercept length, drilled at its Filo del Sol project, which straddles the Argentina-Chile border. Highlights from the latest drill results from its ongoing program included drill hole FSDH055C from the Breccia 41 zone, which cut 1,337.5 metres grading 0.66% coppe...Read More

Glencore charged with bribery in London, pleads guilty in the US

May 24, 2022 / www.northernminer.com

Mining and commodities trader Glencore (LSE: GLEN) has settled probes into bribery and market manipulation in the U.K. and U.S. that have hung over the company for years.The company, which in February announced it had set aside US$1.5 billion cover the costs of settlements in the U.S., U.K. and Brazil, confirmed on Tuesday it would appear in court in the U.S. today in connection with "proposed re...Read More

U.S. markets fall during May 16-20 trading week

May 24, 2022 / www.northernminer.com

The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold Fields fell 1.2% to US$11.44. The company, which is already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile is now facing?EUR?potential sanctions?EUR?fr...Read More

TSXV edges higher over May 16-20

May 24, 2022 / www.northernminer.com

The S&P/TSX Venture Composite Index eked out a gain of 5.44 points over the May 16-20 trading week to end at 702.09.Los Andes Copper saw the biggest share price gain over the session, rising $1.30 or 9.2% to end at $15.45. On May 16, the junior reported new assays from its Vizcachitas copper project in Chile, including 152 metres of 1% copper equivalent (0.94% copper, 122 parts per million molybde...Read More

TSX falls during May 16-20 trading period

May 24, 2022 / www.northernminer.com

Over the May 16-20 trading period, the S&P/TSX Composite Index fell 8.8 points to 20,197.61. The S&P/TSX Global Mining Index increased 3.64 points or 3.3% to 109.01 and the S&P/TSX Global Base Metals Index rose 6.71 points or 3.6% to 188.24. The S&P/TSX Global Gold Index rose 6.85 points or 2.3% to 301.40 and spot gold ended the week up 1.3%, or US$24.7 per oz. higher, at US$1,834.20 per ounce. S...Read More

The Northern Miner Podcast - episode 292: The decline and fall of the unipolar order, ft Paul from The Sirius Report on energy, metals and geopolitics

May 24, 2022 / www.northernminer.com

This week's episode features geopolitical and natural resource commentator 'Paul' from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses global energy supplies and the vulnerability of European nations in the context of the Russia-Ukraine war, as well as precious metals, rare earths, and what will likely be an increasing competition for resources between the West and the...Read More

BSGR to pay Guinea US$5.6M after losing case over Simandou

May 24, 2022 / www.northernminer.com

BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz's empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, and international tribunal has ruled.The World Bank's International Centre for the Settlement of Investment Disputes (ICSID) "forcefully" rejected the mining company's claims against Guinea for billions of euros for having been str...Read More

FPX Looks to Expand the Van Target -- New Interview with @TrevAHall

May 24, 2022 / anchor.fm

FPX Nickel CEO, Martin Turenne, joins Trevor Hall to discuss the drilling campaign slated for next month which looks to expand the Van Target discoveries made last season. Martin also shares some thoughts on the latest nickel market developments. Read full newsRead More

RT @stockhouse: Hitting the 'Jackpot' in the Booming Lithium Mining Space

May 11, 2022 / ow.ly

As the race to meet supply chain needs in the booming green metals marketplace continues to accelerate, mining exploration companies are scouring the globe to find new, reliable, and cost-effective sources of the one metal that really matters the most: lithium. The reason...Read full newsRead More

What to Buy Now

May 20, 2022 / www.outsiderclub.com

The bear is stirring. And why not? The scent of blood is in the air, after all.The Nasdaq tripped out of the gate to start the year. More than a bear market, tech stocks are down 28% YTD. Now the Dow and S&P are faltering, too, on the brink of bear territory with respective declines of 14% and 18%.It's hard to watch. No one likes to see their stocks go down. But on the other hand, we all knew th...Read More

Osisko releases PEA for B.C. gold mine

May 25, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - Osisko Development Corp. [ODV-TSXV] has released a preliminary economic assessment (PEA) for its flagship Cariboo gold project in British Columbia that targets an initial gold pour in the first quarter of 2024.The PEA illustrates potential economics for a low cost, large scale underground gold mine, with industry-leading operating costs. It envisages total gold pr...Read More

So You Didn't Buy Oil When It Was $66.05 a Barrel? Here's What You Do

May 25, 2022 / www.energyandcapital.com

Try to think where you were exactly one year ago. Perhaps you were caught up in the red-hot tech boom that had been raging for more than a decade. Watching the Nasdaq climb 385% between May 2012 and May 2021 would've been quite fruitful for your portfolio. Little did you know that the crash was about to begin just six months later. What didn't pique your interest was the fact that WTI oil was t...Read More

Lawrence Lepard: 'It's a Doom Loop' With Raging Inflation, Only Way Out Is Enormous Depression

May 25, 2022 / marketsanity.com

Stansberry Research, Released on 5/25/22"Inflation is just roasting people," from gas to food prices, "and sadly it's going to get worse," warns Lawrence Lepard, Equity Management Associates Founder, and Managing Partner. "The Fed can't print goods and services like they can print dollars," he tells our Daniela Cambone, saying the United States will remain stuck in a doom loop if it does not reset...Read More

Ron Paul discusses the 2nd Amendment in light of the recent mass shootings

May 25, 2022 / marketsanity.com

Ron Paul Liberty Report, Released on 5/25/22The 1st and 2nd Amendments have always been under attack, and they always will be. That should give you a good indication as to how important they both are. Every individual is free to do good, or to do ill. Everyone has a choice to lie or commit criminal acts of violence. Thus, the freedom to speak the truth (1st Amendment) and to defend oneself against...Read More

Ronald-Peter St??ferle's In Gold We Trust report 2022

May 23, 2022 / marketsanity.com

In Gold We Trust, Released on 5/23/22The In Gold We Trust report 2022 covers topics including:?-? Status quo of gold: price development in the last 12 months, most important influencing factors and trends on the gold market?-? Stagflation 2.0Definition and analysis of historical stagflation phasesStructural reasons arguing for a long-term inflationary environmentParallels and differences from prev...Read More

Peter Boockvar on the Fed interest rates and where he is investing assets

May 25, 2022 / marketsanity.com

Jay Taylor Media, Released on 5/25/22Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/. Fed, interest rates, peter boockvarPeter Boockvar on the Fed interest rates and where he is investing assets added by Herman James on 05/24/2022View all posts by Herman James ?+'Read More

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