Recent News

Lithium Energy hails deal for battery-grade lithium plant at Solaroz

June 20, 2023 / www.youtube.com

Lithium Energy Ltd (ASX:LEL) chairman William Johnson tells Proactive the company has signed a binding Framework ...Read More

Rumble Resources back in discovery mode at Earaheedy

June 20, 2023 / www.youtube.com

Rumble Resources Ltd (ASX:RTR, OTC:RTRFF) MD Shane Sikora tells Proactive the company has resumed reverse circulation ...Read More

Chinese giants invest $1.4 billion in Bolivian lithium

June 20, 2023 / www.mining-journal.com

The commitment follows a deal struck in January through a tender process that saw the CATL-led CBC consortium picked as Bolivia's partner of choice for developing its vast lithium resource.Read More

Has Tesla (NASDAQ: TSLA) Become Unstoppable?

June 20, 2023 / www.energyandcapital.com

I'm really surprised it didn't get more attention.After all, it's a pretty big deal.Last week we learned that the Tesla (NASDAQ: TSLA) Model Y was the second-best selling vehicle in the U.S. in Q1, 2023. The only vehicle that beat it was the Ford F-150, which consistently ranks as the best-selling vehicle in the U.S. But think about this for a moment.13 years ago, Tesla went public after putting j...Read More

Inflation is Expected to do What?! Implications for Gold. / Commodities / Gold & Silver 2023

June 20, 2023 / www.marketoracle.co.uk

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

McEwen updates Los Azules PEA

June 20, 2023 / www.mining-journal.com

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

Newmont defers Yanacocha Sulphides again

June 20, 2023 / www.mining-journal.com

"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

Atlantic Lithium release shallow-depth Li assay results...

June 20, 2023 / www.mining-journal.com

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

Talga gets backing for Vittangi

June 20, 2023 / www.mining-journal.com

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

Chinese giants invest $1.4 billion in Bolivian lithium...

June 20, 2023 / www.mining-journal.com

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

Battery raw materials demand soaring

June 20, 2023 / www.mining-journal.com

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

Why Rio's Jacob Stausholm is in the spotlight

June 20, 2023 / www.mining-journal.com

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

Swiss Watch Exports up 14% to $2.56bn in May

June 20, 2023 / www.idexonline.com

(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

Sanctioned Alrosa Expects to Pay Shareholders Dividend

June 20, 2023 / www.idexonline.com

(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

"Construction Workers" Arrested over $2m Diamond Heists

June 20, 2023 / www.idexonline.com

(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

Australia releases 'disappointing' Critical Minerals...

June 20, 2023 / www.mining-journal.com

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

PolarX outlines resource boost and potential upside in Alaska

June 20, 2023 / www.mining-journal.com

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

Tech Talk for Tuesday June 20th 2023

June 20, 2023 / www.timingthemarket.ca

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

The Biggest Monetary Shock in 52 Years

June 20, 2023 / dailyreckoning.com

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

I'm (Almost) Tired of Tech Stocks

June 20, 2023 / dailyreckoning.com

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

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