It follows last week's decision by shareholder advisory firm Institutional Shareholder Services (ISS) that support of the deal was "not warranted" and that Rio Tinto's offer under-valued the firmRead More
Freeport-McMoRan has led the charge, highlighting that the physical copper market is "so tight" and that customers were "really fighting to get products".Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade.Cadence Design Systems $CDNS added $0.63 to $160.85 after reporting higher than consensus third quarter profits and revenues. Discover Financial Services $DFS dropped $1.23 to $94.63 after reporting lower than consensus third quarter results. United Parcel Services $UPS added $7.65 to $1...Read More
The Toronto-quoted equity of Nicaragua-focused Calibre Mining (TSX: CXB; US-OTC: CXBMF) has fallen to a fresh 12-month low following the imposition by the U.S. government of tighter sanctions aimed at stifling the regime of Daniel Ortega.The new U.S. sanctions under President Joe Biden expand a previously signed Trump-era executive order to include specific potential restrictions on trade and inve...Read More
Against a testing backdrop for base metals equities, analysts will be hawkeyed during the upcoming third-quarter earnings reporting, looking for key metrics such as cash flow and cash on hand amid an unforgiving funding environment.According to Haywood Capital Markets analyst Pierre Vaillancourt, considering the economic prospects and pressure on the equities in its coverage universe, Haywood rema...Read More
Ontario has joined a country-wide consultation process to hammer out energy and mining strategies for transitioning to clean power using critical minerals, Canada's natural resources minister said on Tuesday.The province joins nine other provinces and territories who've already signed up for the ministry's Regional Energy and Resource Tables or said they will soon join the effort, Minister Jonatha...Read More
This week's episode features Chris Taylor, advisor to the Discovery Group, in conversation with Northern Miner editor-in-chief Alisha Hiyate at the Global Mining Symposium. Chris was most recently CEO, President and Director of Great Bear Resources Ltd., which was acquired in February 2022 by Kinross Gold Corp. for $1.8B. Currently, Mr. Taylor is Chairman of TSX.V listed companies Kodiak Copper Co...Read More
Skeena Resources (TSX: SKE; NYSE: SKE) has completed this year's regional and near-mine exploration programs at the former Eskay Creek gold-silver mine in B.C.'s Golden Triangle.Skeena said the program extended the 23 zone of mineralization to the surface. Infill hole SK-22-1090 averaged 1.35 grams gold per tonne and 6.6 grams silver (1.2 grams gold equivalent) over 96 metres. The company also sai...Read More
Cypress Development (TSXV: CYP) says it has successfully tested the world's first hydrochloric acid process to extract battery-grade lithium carbonate from clay at its half-a-billion-dollar project in Nevada.The Clayton Valley lithium project about 270 km northwest of Las Vegas is producing lithium carbonate at a 99.94% purity level, Cypress chief executive officer Bill Willoughby said in an inter...Read More
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) has secured a US$100 million debt financing package to support the expansion of its Zgounder silver project in Morocco. The financing package comprises a senior debt facility of US$92 million from the European Bank for Reconstruction and Development (EBRD), plus a US$8 million tranche from Climate Investment Funds."We are thrilled to be partnering with...Read More
Bloomberg, Released on 10/25/22Nouriel Roubini, CEO of Roubini Macro Associates and author of "MegaThreats," discusses the threats facing the global economy, the US dollar shortage and Federal Reserve monetary policy on "Bloomberg Surveillance."Nouriel Roubini is the CEO at Roubini Macro Associates, a professor at NYU's Stern School of Business, and Chairman of Roubini Global Economics. He was Sen...Read More
Liberty and Finance, Released on 10/25/22The LBMA and COMEX silver inventories are at or near all-time lows. Andy Schectman, CEO & president of Miles Franklin, explains how on the exchanges there are many more claims for silver than there are the actual physical bars immediately available. But investors are requesting physical delivery, bleeding inventories on the major exchanges. On the retail le...Read More
George Gammon, Released on 10/25/22During this 50+ minute interview, Jason asks Lobo about past bear market cycles, how to research which mining companies will survive and if he has been in cycles where demand destruction and supply destruction occur simultaneously? Jason also asks Lobo which commodities he likes (he likes copper, uranium and precious metals) and about royalty companies doing deal...Read More
Michael Krieger - Twitter, Released on 10/25/22Meanwhile, in Colorado 65% of those hospitalized are vaccinated. Governments lie constantly and shamelessly. https://t.co/rcMkznlKNU pic.twitter.com/aFIOOQUSx0- Michael Krieger (@LibertyBlitz) October 25, 2022 Meanwhile, in Colorado 65% of those hospitalized are vaccinated added by Herman James on 10/26/2022View all posts by Herman James ?+'Read More
The Times Of India, Released on 10/25/22The country has remained a price-taker in the global markets, and Continue... New gold exchange may transform India from price taker to price maker added by Herman James on 10/26/2022View all posts by Herman James ?+'Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe five-year warrants...Read More
Fatih Birol is the executive director of the International Energy Agency (IEA). He's a doctorate-level engineer with a strong background in energy, power systems and energy economics.He has followed global energy markets for about 30 years and is worried that:The world has never witnessed such a major energy crisis in terms of its depth and its complexity. I believe we might not have seen the wors...Read More
Gas prices have been rising again over the past few months. And you can expect them to shoot even higher after the upcoming midterm elections. Here's a major reason why, preceded by some background...The Strategic Petroleum Reserve (SPR) was established by President Ford in 1975 in the wake of the first Arab Oil Embargo in 1973 and a quadrupling of oil prices from 1973-1974. The idea was to protec...Read More
Daily Reckoning, Released on 10/25/22Biden is doing this for purely partisan political reasons. He's trying to keep the price of gasoline down in advance of the midterm election on Nov. 8.Continue... Rickards: Biden's Election Stunt Threatens National Security added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More
Natural News, Released on 10/25/22There are many instances of blatant scandal stemming from the COVID-19 pandemic involving federal government officials, but none so aggravating as findings reportedContinue... They KNEW: Federal officials who worked on COVID outbreak dumped stocks ahead of market-collapsing pandemic added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More