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The Biden administration is trying to bailout Moderna with your taxpayer dollars

March 23, 2023 / marketsanity.com

Tucker Carlson - Twitter, Released on 3/23/23The Biden administration is trying to bailout Moderna with your taxpayer dollars. pic.twitter.com/m576pj9LWl- Tucker Carlson (@TuckerCarlson) March 23, 2023 The Biden administration is trying to bailout Moderna with your taxpayer dollars added by Herman James on 03/23/2023View all posts by Herman James ?+'Read More

Silver remains one of the cheapest tangible assets in markets today

March 23, 2023 / marketsanity.com

Tavi Costa - Twitter, Released on 3/23/23Source: https://twitter.com/TaviCosta/status/1638968462881230848Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as...Read More

Albemarle to build US$1.3B lithium hydroxide plant...

March 23, 2023 / www.mining-journal.com

With construction starting in 2024, the company expects the facility to produce about 50,000tpa of battery-grade lithium hydroxide from multiple sources, with the potential to expand up to 100,000tpa.Read More

BHP and Hatch team up for study on green steel pilot...

March 23, 2023 / www.mining-journal.com

Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.The plant will aim to demonstrate a pathway to lower carbon dioxide (CO2) intensity in st...Read More

Zinnwald issues new shares to fund DFS

March 23, 2023 / www.mining-journal.com

The issue saw Advanced Metallurgical Group (AMG) subscriving for 124 million newly issued shares of Zinnwald Lithium at a 10% premium to share prices in the run up to the deal.Read More

Downstream shift loses support

March 23, 2023 / www.mining-journal.com

Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Moving downstream has become a prominent theme among miners eyeing a historically unusual...Read More

HRD Antwerp Takes Legal Action Turkish Ex-Partner

March 23, 2023 / www.idexonline.com

(IDEX Online) - HRD Antwerp says it has launched a legal action in the Belgian courts against its former partners in Turkey, alleging they damaged its business reputation.It jointly launched the HRD Istanbul branch with Enstitu Istanbul Bilim Akademisi Yonetim Dan?,, ??...?,manl?,, ?g?,, ? A.S. in 2014 until it terminated the arrangement in October 2021.Ellen Joncheere, CEO of HRD Antwerp, (pictur...Read More

Slight Drop in Brilliant Earth's Q4 Sales

March 23, 2023 / www.idexonline.com

(IDEX Online) - Brilliant Earth, the US-based "ethical jeweler", reported a slight drop in sales for Q4 2022, down 1.9 per cent to $119.6m.The total number of orders placed by consumers fell by 13.7 per cent, but the average value of those orders rose, also by 13.7 per cent, the company said in its Fourth Quarter and Fiscal Year 2022 Results.Gross profit for the quarter was $65.4m (a 54.7 per cent...Read More

"Solid" Results at Gem Diamonds, Despite Ukraine War

March 23, 2023 / www.idexonline.com

(IDEX Online) - Gem Diamonds delivered a "solid" set of results in 2022, despite increased costs as a result of Russia's invasion of Ukraine.The UK-based miner saw revenue fall by just over six per cent to $188.9m and underlying earnings (EBITDA) down 24 per cent to $43.7m. Profits fell 46 per cent to $20.2m.Gem's Letseng mine in Lesotho, the highest average dollar per carat kimberlite d...Read More

Codelco to digitise copper transactions with MineHub...

March 23, 2023 / www.mining-journal.com

Codelco will use Waybridge to digitise its global refined copper business, which the company said would "lead the industry towards more efficient, reliable, and sustainable trading".Read More

Tech Talk for Thursday March 23rd 2023

March 23, 2023 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:30 AM EDT.KB Homes advanced $1.00 to $37.80 after reporting higher than consensus fiscal first quarter revenues and earnings. Steelcase added $0.42 to $7.60 after reporting higher than consensus quarterly earnings. The company also offered positive guidance. Darden Restaurants gained $2.05 to $153.10 aft...Read More

It's Turtles All the Way Down

March 23, 2023 / dailyreckoning.com

Twentieth-century British philosopher Bertrand Russell once gave a public lecture on astronomy.An attendee - supposedly - claimed that Earth was not situated in space, as this Russell fellow argued...This attendee claimed instead that Earth rested upon the back of a monstrous turtle.Russell asked this individual what particular solidity the turtle was standing upon, what structure held it up.The a...Read More

A Rant and a RIP For My Old Bank

March 23, 2023 / dailyreckoning.com

Good Thursday morning to you!I've been putting off writing about the demise of my old bank, Credit Suisse. I didn't write about it in the Rude all week because I didn't have the energy to do it justice.But since this Morning Reckoning gives me a bit more latitude, I'll tackle the subject here.If you read the Rude, you know I spent over 11 years of my life over two stints working for Credit Suisse....Read More

WoodMac expects steel, aluminium and copper to benefit most from renewed Chinese growth

March 23, 2023 / www.northernminer.com

A new report by market analyst Wood Mackenzie argues that steel, aluminium, and copper stand to benefit most from an uptick in China's gross domestic product growth this year.WoodMac suggests that if China's economy grows at the expected base case of 5.5% in 2023, the recovery will remain domestically contained with minimal global impact.However, due to the industry-intensive nature of the high-ca...Read More

Patriot Battery Metals extends Corvette lithium deposit in Quebec

March 23, 2023 / www.northernminer.com

Patriot Battery Metals (TSXV: PMET; ASX: PMT; US-OTC: PMETF) said it has extended the main spodumene deposit on its Corvette project in Quebec by half a kilometre, sending its stock higher. The Vancouver-based explorer's 20,000-metre winter drilling campaign at the project about 300 km east of James Bay has lengthened the CV5 deposit strike another 550 metres to 3.15 km, it said on Thursday. As...Read More

Video: Behind Quebec's lithium exploration boom

March 23, 2023 / www.northernminer.com

Northern Miner staff reporter Colin McClelland recently spoke with Jonathan Lafontaine, mining exploration activity monitor with Quebec's Ministry of Energy and Natural Resources at PDAC 2023 in Toronto. Quebec has one of the most diverse commodity bases in the world, from precious metals, including gold, to bulks like high-grade iron ore and critical metals such as nickel, copper, and lithium. Th...Read More

Video: Maple Gold exploration makes progress at Joutel and Douay

March 23, 2023 / www.northernminer.com

Northern Miner staff writer Colin McClelland recently caught up with Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) CEO Matthew Hornor at PDAC 2023 in Toronto. Maple recently announced assays from the past-producing Eagle mine at its Joutel project in Quebec were the strongest yet and showed a wider mineralized corridor than previously thought. Maple holds the adjacent Douay project in a 50:50 joint...Read More

Troilus's high-grade assays boost economics of Quebec gold mine restart

March 23, 2023 / www.northernminer.com

High-grade drill results extending the mineralization at Troilus Gold's (TSX: TLG; US-OTC: CHXMF) main project to revive a gold and copper mine in Quebec will probably increase its profitability, an analyst said. Troilus shares rose. The assays add 150 metres to the project's X22 zone for a total strike length of 1 km, which remains open to the southwest and at depth, Troilus said on Thursday....Read More

NextSource's Molo graphite mine in Madagascar enters commissioning phase

March 23, 2023 / www.northernminer.com

NextSource Materials (TSX: NEXT; US-OTC: NSRCF) is one step closer to producer status now that it's started commissioning of its Molo graphite mine in Madagascar.Molo mine will initially produce around 17,000 tonnes of flake graphite concentrate per year. An expansion, which could elevate Molo's annual graphite production to 150,000 tonnes, is also planned for year three of production."Commissioni...Read More

Chile's top steel producer bets on green hydrogen

March 23, 2023 / www.northernminer.com

Chile's top steel producer CAP is developing a green hydrogen pilot plant to decarbonize steel production at its unit in the south-central Talcahuano city, located about 500 km from capital Santiago.The company's steelmaking division aims to substitute coal used in its blast furnaces with less polluting fuels, including hydrogen, a clean, combustible gas often dubbed the "fuel of the future."Curre...Read More

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