Recent News

Lucara Forecasts Diamond Revenue of up to $230m for 2023

November 29, 2022 / www.idexonline.com

(IDEX Online) - Lucara has announced increased forecasts for 2023 diamond sales and recoveries.The Canadian miner expects to sell $200m to $230m from its 100 per cent owned Karowe mine, in Botswana, an increase on it 2022 forecast of $185m to $215m.It forecasts sales of 385,000 to 415,000 carats (up from 300,000 to 340,000 carats in 2022) and expects to recover 395,000 to 425,000 carats (an increa...Read More

Raiders Steal $10m of Luxury Watches

November 29, 2022 / www.idexonline.com

(IDEX Online) - Over 1,000 high-end watches, with an estimated value of over $10m, have been stolen from a safe deposit facility in Berlin.They were being stored by Watchmaster, one of Europe's largest pre-owned watch traders, mostly on behalf of customers who were selling them.Many of the watches were Rolex, Patek Philippe, Omega, Audemars Piguet and Breitling, according to the company'...Read More

Newfield Wins Finance to Expand Mine in Sierra Leone

November 29, 2022 / www.idexonline.com

(IDEX Online) - Australian miner Newfield Resources says it has secured finance to expand the development of its Tongo Diamond Mine, in Sierra Leone.It has entered into an asset purchase and sales agreement with New York-based DelGatto Diamond Finance Fund (DDFF), at a time when miners globally are struggling to attain credit. Details of the arrangement were not disclosed.Newfield took over Tongo...Read More

Like the Covid outbreak, and the market response, the protests shouldn't be underestimated, RBC said...Base metals

November 29, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Uranium revival takes off as reality hits on energy, geopoliticsSPONSORED"At this stage the eventual outcome clearly remains uncertain," RBC Capital Mark...Read More

Tech Talk for Tuesday November 29th 2022

November 29, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade.The Canadian Dollar slipped 0.15 to US73.92 cents following release of Canada's September real GDP report at 8:30 AM EST. Consensus for the third quarter was an annualized gain of 1.5% versus a gain of 3.3% in the second quarter. Actual was a gain of 2.9%.Bank of Nova Scotia (BNS.TO $71.46...Read More

The Northern Miner Podcast - episode 319: ESG in the DRC from a local perspective, ft Uhusiano Capital founder and CEO Christelle Kupa

November 29, 2022 / www.northernminer.com

This week's podcast features Christelle Kupa, a sustainable finance expert and global impact investor with experience spanning international banking, sustainable investing for developing countries, with a strong focus in Africa. Christelle is the CEO of Uhusiano Capital, which she founded in 2016 to facilitate better business in the African impact investing sector, with a particular interest in ag...Read More

Endeavour updates Ity resource as more discoveries beckon

November 29, 2022 / www.northernminer.com

Endeavour Mining (EDV; LSE: EDV; US-OTQX: EDVMF) says it is likely to discover 3.5 to 4.5 million indicated oz. gold at the cornerstone Ity mine in C??te d'Ivoire by 2025.The Africa-focused gold major already found 2 million oz. in the past two years.Endeavour released an updated mineral resource estimate for Ity on Tuesday, for the first time incorporating satellite discoveries into a global reso...Read More

Eloro's Iska Iska silver-tin drilling points to likely resource growth

November 29, 2022 / www.northernminer.com

Eloro Resources (TSXV: ELO; US-OTCQX: ELRRF) might be looking at a giant "bonanza style" polymetallic discovery at its Iska Iska silver-tin deposit in southern Bolivia, the company said on Tuesday.In releasing the latest results from eight diamond drill holes at Iska Iska, CEO Tom Larson said a series of holes extended the deposit's high-grade feeder zone strike length.Reconnaissance holes DSB-38...Read More

Cassiar Gold drilling returns promising grades, thickness at Taurus

November 29, 2022 / www.northernminer.com

The latest results from drilling at Cassiar Gold's (TSXV: GLDC; US-OTCQX: CHLCF) Taurus deposit in the Cassiar North area of northern B.C., confirm the project's bulk-tonnage potential, the Calgary, Alta.-based company says.According to Cassiar's CEO, Marco Roque, the assay results from six holes drilled this summer demonstrate similar grades and apparent thickness as drill holes used in the 2022...Read More

New Found's Queensway drilling lifts explorer back into billion-dollar territory

November 29, 2022 / www.northernminer.com

New Found Gold's (TSXV: NFG) high-grade Queensway project in central Newfoundland may be fundamentally altered after surprising drilling results from a zone it nearly dismissed. This week the Vancouver-based company reported diamond drill hole NFGC-22-960 at the Keats West area intersected 42.6 grams gold per tonne over 32 metres. That followed last week's 18.6 grams gold per tonne over 15.95 me...Read More

Murchison shares surge on best results yet from central Quebec nickel project

November 29, 2022 / www.northernminer.com

Shares in Murchison Minerals (TSXV: MUR; US-OTC: MURMF) shot up 50% Tuesday on near-surface, high-grade drill results from its Haut-Plateau de la Manicouagan (HPM) nickel property in Quebec.The explorer reported assay results from a single hole from its summer 2022 drilling program at the Barre de Fer (BDF) zone, located about 266 km north of Baie Comeau.The highlight from BDF is hole BDF22-002, w...Read More

HighGold stock rises on best intersection drilled at JT deposit in Alaska

November 29, 2022 / www.northernminer.com

HighGold Mining (TSXV: HIGH, US-OTC: HGGOF) has reported assay results from four infill and expansion drill holes completed at the JT deposit, part of the company's Johnson Tract polymetallic project in south-central Alaska that holds an indicated resource of 1 million gold-equivalent oz. at 9.4 grams per tonne.The latest drilling focused on gaps between inferred resource domains and step-outs at...Read More

Osisko's Windfall feasibility shows robust 306,000 oz per year gold producer

November 29, 2022 / www.northernminer.com

Osisko Mining (TSX: OSK) has delivered a positive feasibility study for its high-grade Windfall gold project in Quebec that outlines average annual production of 306,000 oz. of gold over a 10-year mine life.The numbers for Windfall, located in Urban Township, Eeyou Istchee James Bay, Que., all point toward a successful underground, dual ramp-access project with an on-site mill. According to the f...Read More

Fortescue keeps women on the top job with Fiona Hick's appointment

November 29, 2022 / www.northernminer.com

Australia's Fortescue Metals Group (ASX: FMG) has named former Woodside Energy (ASX: WDS) executive Fiona Hick as its new chief executive officer, effective February 2023.With the appointment, the iron ore miner ends a year-long search for a leader to replace current CEO Elizabeth Gaines, who will remains on Fortescue's board as a non-executive director.Hick, who began her mining career at Hamersl...Read More

Charles Nenner: War Cycle Heats Up & Markets Tank in 2023

November 29, 2022 / marketsanity.com

USA Watchdog, Released on 11/29/22Renowned geopolitical and financial cycle expert Charles Nenner said, back in September, the markets would sink and then go back up. Both calls happened right on time. What does Nenner see now? Nenner says, "Two days ago, we started to take profits again. So, we are not that bullish. . . . The public we have now do not understand bear markets. . . . They don't und...Read More

Andy Schectman: Gold Revaluation Amid Monetary Reset

November 29, 2022 / marketsanity.com

Liberty and Finance, Released on 11/29/22Central banks are holding more gold than in nearly a half century. And European central banks are encouraging the ownership of gold. "Gold is going to be the underpinnings of a new system," says Andy Schectman, CEO & president of Miles Franklin, and he notes it is imperative to own gold to prepare for a new system.0:00 Intro2:24 Whistleblower interview6:15...Read More

Chris Martenson: Unredacted Emails Finally Reveal the Shocking Truth

November 29, 2022 / marketsanity.com

Peak Prosperity, Released on 11/29/22PART 2 of this video: https://peak.fan/0ibChristopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and s...Read More

Celente: Politics Is The New Religion

November 29, 2022 / marketsanity.com

Trends Research, Released on 11/29/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, r...Read More

Youtube spends Millions on new censorship program

November 29, 2022 / marketsanity.com

Google News Initiative, Released on 11/29/22Building on our previous work to address misinformation, this is Google and YouTube's single largest grant in fact-checking.Continue... Youtube spends Millions on new censorship program added by Herman James on 11/30/2022View all posts by Herman James ?+'Read More

Nomi Prins: Four Charts Every Investor Should Have in Their Toolbox

November 29, 2022 / marketsanity.com

Casey Research, Released on 11/29/22Four indicators that can help you navigate the market's ups and downs. And they should be in every investor's toolbox.Continue... Nomi Prins: Four Charts Every Investor Should Have in Their Toolbox added by Herman James on 11/30/2022View all posts by Herman James ?+'Read More

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