Today, expert Adrian Day gives updates on developments affecting several of his favorite companies, mostly positive but with one potentially damaging piece of news.Franco-Nevada Corp. (FNV:TSX; FNV:NYSE) shares were down sharply after the government of Panama effectively seized First Quantum's Cobre Panama mine, on which Franco has its largest stream, representing about 15% of both Net Asset Value...Read More
An update on the event happening December 27, 2022...Andrew Maguire on Kinesis MoneyIn this week's Live from the Vault, Andrew Maguire takes a glimpse into the smoke and mirrors world of the 'LBMA cartel', after allegations of global silver price fixing playing right into the hands of member banks.The London wholesaler provides an update on the 27th December BIS Options expiry position, revealing...Read More
Is that too much to ask for? (by Half Dollar) Merry Christmas!All I want for Christmas is the biggest silver price smash in history.Is that too much to ask for?I mean, I haven't sold any silver this year, and I did make one purchase.In fact, I purchased a relative crapton of silver on July 5th, 2022, at the price of $19.86 per ounce, which included the premium I paid:I would like to buy more, howe...Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDNewcrest said Biswas would remain as an advisor until March 18, 2023. Chief financial officer Sherry Duhe has been appointed as interim CEO.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDViolent protests have dominated headlines, and while mining companies say that so far production has not been disrupted, local news sites report th...Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe group of funds on Friday applied to force LME to hand over phone transcripts from March 8, the day that the trades were cancelled.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDCiting people familiar with the situation, Bloomberg said the current structure for "term" supply contracts - in which steelmakers place orders on...Read More
Month on month output grew 10%, with 477,000t produced. Production out of Codelco's mines slipped over the year.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThis follows the award of a water licence to Roan allowing it to own and operate a dedicated water supply infrastructure for its operations.Read More
Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDAustralia, normally a safe jurisdiction, has joined the attacks on mining, with a twist.Read More
(IDEX Online) - Petra Diamonds has been fined 1bn Tanzanian shillings ($429,000) over the breach of its tailings dam at its Williamson mine.Its holding company Williamson Diamonds Limited (WDL) has been ordered to pay sum to the Tanzanian government's National Environment Management Council (NEMC).Dr Samuel Gwamaka, director general of the NEMC said WDL was responsible for compensating victim...Read More
(IDEX Online) - Police say most of the $129m treasures stolen from the The Green Vault museum, Dresden, Germany, in November 2019, have now been recovered.It follows negotiations between prosecutors in an ongoing trial and the six defendants, all members of the same family.They are accused of the organized robbery of 4,300 diamonds in what has been described as the world's biggest gem he...Read More
(IDEX Online) - India's polished diamond exports dropped during November to their lowest point this year, down to $1.25bn.Foreign sales have mostly been declining since the 2022 peak in March, of $2.20bn, although there was a notable bounce in September.Sales in November were down just over four per cent year-on-year, but by almost 34 per cent compared with October $1.89bn, according to figur...Read More
(IDEX Online) - Fugitive jeweler Mehul Choksi, accused of a $1.8bn fraud against the Punjab National Bank (PNB) is facing additional charges totalling another $800m.India's Central Bureau of Investigation (CBI) has lodged a fresh FIR (first information report) detailing allegations against Choksi, 62, his three companies - Gitanjali Gems, Gili India and Nakshatra Brands - and their directors....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. Moderna gained $8.66 to $201.95 after Jefferies upgraded the stock from Neutral to Buy.Walt Disney slipped $0.45 to $89.63 after opening weekend revenues from its latest Avitar picture were lower than consensus. Microsoft added $1.22 to $245.91 on news that the company plans to challenge...Read More
My critics sometimes accuse me of being a communist, of all things.I must say, the irony of being accused of being a communist by many of these people is incredibly rich.That's because the policies I advocate in my writings are far, far more "free market" than any of theirs.I find my critics hide behind the slogan of free market capitalism, while practicing something entirely different - crony cap...Read More
The latest inflation news was glorious, they said. The whole media told us so!It's easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.Inflation is all but done! It's pretty interesting because they have been saying this fo...Read More
"There is no fate but what we make for ourselves."- Sarah Connor, The Terminator (1984)Robot restaurant staff members are here, but they probably won't be completely replacing humans anytime soon.I recently went to Izakaya 68 in Hunt Valley, Maryland. It's a new Japanese restaurant that specializes in authentic yakitori, noodles, and sushi.The yakitori was good, and the sushi was exceptional.But t...Read More
"Returns are favourable and the project is positively located in the lower-risk jurisdiction of Ontario, Canada, although this is offset by Triple Fag's smaller low-materiality investment size, anRead More
Share this article VANCOUVER - Ur-Energy Inc. [URE-TSX, URG-NYSE American] said Monday it will ramp up production at its Lost Creek uranium mine in Wyoming.The move comes after the company said it has expanded the quantity to be delivered into sales agreement that was announced in August, 2022. At that time, the company said it had signed a multi-year sales agreement with a leading U.S. nuclear u...Read More