This 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
The transaction, which values the combined business at about US$1.5 (A$2.2) billion, is expected to close in January and includes a $200 million equity injection from Anglo American.Read More
While Elon Musk has been busy either saving or destroying Twitter, Tesla quietly announced Step 1 of a plan it's been working on for years now.Tesla Electric is a newly spun retail electricity division that uses solar panels and the company's Powerwall batteries to capture, store, and inevitably sell power back to the grid.Customers who buy into this plan would receive credits toward their bill in...Read More
The company's Q3/22 performance along with mine plan and gold resource revisions drove the target price increase, noted a B Riley Securities report.On the heels of Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) providing a Q3/22 financial and operational update, B Riley Securities increased its target price on the Canadian explorer to US$60 per share from US$57, reported analyst Lucas Pipes in a Nov....Read More
Expert Michael Ballanger looks at the S&P 500, the current state of gold and silver, and some resource companies, including Getchell Gold. Ballanger also touches on Powell's anti-inflation campaign and tells you his 2023 outlook. Last Tuesday afternoon, there was an attempted theft of untold magnitude and unimaginable loss; the chairman of the U.S. Federal Reserve Board attempted to make off with...Read More
The metals explorer will continue drilling at this property through the winter in preparation for a Q1/23 resource estimate update, noted a PI Financial report.Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) released encouraging drill results from its Black Pine project in Idaho, including the discovery of a new zone, reported PI Financial analyst Chris Thompson in a Dec. 14 research note. An updated Bl...Read More
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