The markets just assumed a dovish U-turnin interest rates, thinking that the inflation problem is handled. The below chart features the inflation that’s expected inone year. Yes, you see it correctly.The market expects the inflation to moveto about 1.31% in one year.A bit over 1% in one year… Really?!Here’s the recent CPI (YoY) reading: Long RoadAhead for Inflation Reductio...Read More
The PEA base case is distinctly different from that presented in the prior 2017 PEA, which featured a conventional mill and flotation concentrator producing copper concentrate for export.Read More
"In connection with this transaction and our strategy to create lasting value, we are targeting at least $2 billion in near-term cash flow improvements through portfolio optimisation within the firstRead More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsFollowing the release of results, chairman Neil Herbert said that he believed the mining leas...Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsBased on feasibility work in 2021, Vittangi will cost about $484 million to bring into produc...Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsThe commitment follows a deal struck in January through a tender process that saw the CATL-le...Read More
She said the challenge is to grow from 851GWh of battery demand in 2022 to 24TWh "to green the grid and then 140TWh to green the entire global fleet".Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesRio had its licence for Jadar withdrawn last year following mass protests over the environmen...Read More
(IDEX Online) - Swiss watch exports surged during May, up 14.4 per cent year-on-year to $2.56bn, driven in part by a huge increase in Chinese sales.That follows a more modest increase in April of 6.8 per cent, according to figures published today by the Federation of the Swiss Watch Industry.China, the second biggest market for Swiss watches, saw sales up by over 158 per cent (an increase of over...Read More
(IDEX Online) - Alrosa says it expects to pay shareholders a dividend for the first half of 2023, as long as the diamond market remains stable.It marks a change in fortunes for the Russian state-controlled miner, which last paid a dividend at the end of 2021.Aisen Nikolaev, head of Yakutia, the republic where Alrosa is based, told the Interfax news agency: "We agreed with the country's govern...Read More
(IDEX Online) - Five men have been arrested in New York after an armed gang posing as construction workers stole an estimated $2m of diamonds in two heists.The suspects, most aged in their 60s, are reported to have links with the Lucchese and Gambino families that dominate organized crime in the city.Among the items stolen was a 73-carat necklace, a six-carat ring, and a 17-carat pair of earrings....Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe new strategy has six focus areas: developing strategically important projects, with targe...Read More
Northern Star Resources-backed explorer PolarX has unveiled a 160% increase at the Caribou Dome copper-gold-silver resource in Alaska, with more potential upside and a scoping study update underway, as managing director Dr Jason Berton explains.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points at 8:30 AM EDTTSX Capped REIT iShares moved below Cdn$16.20 yesterday extending an intermediate downtrend. Intel gained $0.18 to $36.55 after announcing a $33 billion plan to build two plants in Germany. PayPal added $1.07 to $67.50 after announcing plans to increase its share buyback program from $4 billion...Read More
I recently revealed that the so-called "BRICS+" countries will announce the creation of a new currency at its annual leaders' summit conference on August 22-24.This will be the biggest upheaval in international finance since 1971. It's taking direct aim at the dollar.Quite simply, the world is unprepared for this geopolitical shock wave.It appears likely that the new BRICS+ currency will be linked...Read More
The stock market is dragging me kicking and screaming into the artificial intelligence age.I'm at the beach this week with my extended family, doing my best to disconnect from stocks and screens. Instead of scanning for trades, I'm leaving my phone on the bedside table to catch some rays and dig in the sand with the kids.Taking a break from my screens also gives me time to think a blessing and a...Read More
If you're wondering why our country is lost in lunatic raptures of lawless Lawfare and futile MAGAry, it's because our economy has already collapsed, and our culture and politics with it downstream have also collapsed into spectacular degeneracy.It has already happened. Maybe you don't know it.The business model is broken. We're a shadow of the industrial economy that won a great war and enjoyed a...Read More