Recent News

Woman Pleads Guilty to Manslaughter of Jeweler

July 21, 2022 / www.idexonline.com

(IDEX Online) - A woman has pleaded guilty to the manslaughter of a jeweler in his hotel room in New Orleans, Louisiana, USA.Megan Hall, 28, was facing a count of second-degree murder, with a sentence of up to 25 years, over the death of Patrick J. Murphy, a married 62-year-old father-of-two.Murphy had been visiting the city after attending a jewelry convention in Arizona, according to prosecutors...Read More

Surat can now use Rupees to Buy Russian Diamonds

July 21, 2022 / www.idexonline.com

(IDEX Online) - Surat's diamond industry has welcomed an announcement by the Reserve Bank of India (RBI) that it can pay for Russian diamonds with rupees.Transactions were done in dollars through intermediary banks in the US, until Russia invaded Ukraine in February.The RBI will now allow purchases to be settled in rupees, as a method of circumventing current banking restrictions. The measure...Read More

Rio Tinto and Ford look to Argentina lithium

July 21, 2022 / www.mining-journal.com

Rio Tinto would supply materials materials including lithium, low-carbon aluminium and copper, the two firms said.Read More

Union rejects latest Glencore offer at Raglan

July 21, 2022 / www.mining-journal.com

"We are disappointed with the outcome of the vote"Our objective… [is] to restart our activities as quickly as possible," Raglan Mine said. Strike action at the mine started in May.Read More

Freeport meets consensus, shows cost rise

July 21, 2022 / www.mining-journal.com

The firm also announced an increase in its share buyback programme to $5 billion from $3 billion. The firm is targeting net cash cost of $1.Read More

Barrick revises host terms at Reko Diq project

July 21, 2022 / www.mining-journal.com

Barrick chief executive Mark Bristow met Balochistan chief minister Abdul Quddus Bizenjo in the provincial capital Quetta on July 19, a day after talks with the federal government's finance ministerRead More

Tech Talk for Thursday July 21st 2022

July 21, 2022 / www.timingthemarket.ca

U.S equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. The Euro moved higher following news that the European Central Bank raised its base rate by 0.50%.Index futures were virtually unchanged following release of the July Philly Fed report at 8:30 AM EDT. Consensus was a gain of 1.6 versus a decline of 3.3 in June. Actual was.a drop of 12.3.Te...Read More

Eloro reports best ever assay at Iska Iska silver-tin project ahead of first resource

July 21, 2022 / www.northernminer.com

The latest two drill holes Eloro Resources (TSXV: ELO; US-OTC: ELRRF) has released from its Iska Iska silver-tin project in the Potosi Department of southern Bolivia, are also the best to date. Highlights from hole DSBU-10, an underground hole drilled across the higher-grade feeder zone at the Santa Barbara Resource definition area included 349 metres grading 44.75 grams silver per tonne and 1.05...Read More

KWG acquires Fancamp's chromite claims in Ring of Fire

July 21, 2022 / www.northernminer.com

Fancamp Exploration (TSXV: FNC) has agreed to sell all its rights and interests in the Koper Lake-McFaulds mineral properties, comprising four mining claims located within Ontario's Ring of Fire, to KWG Resources (CSE: KWG). The entire property package covers 10.2 sq. km immediately to the east of claims owned by Wyloo Metals containing the Eagles Nest nickel-copper-platinum deposit.KWG is current...Read More

De Beers hikes 2022 guidance, citing 'robust' US demand

July 21, 2022 / www.northernminer.com

De Beers, the world's top diamond producer by value, has boosted its full-year guidance to 32 million-34 million carats, from 30 million-33 million carats thanks to what it calls "robust demand" from U.S. customers.The Anglo American unit saw a slight decrease in production in the three months to June 30, churning out 7.9 million carats, down from the 8.2 million it produced during the same quarte...Read More

Lithium Americas breaks ground on lithium process testing facility in Nevada

July 21, 2022 / www.northernminer.com

Lithium Americas (TSX: LAC; NYSE: LAC) has marked the official opening of its lithium process testing facility located in Reno, Nev., with a ground-breaking ceremony on Thursday. The company was joined by Nevada Governor Steve Sisolak and University of Nevada, Reno president Brian Sandoval.The Lithium Technical Development Center was developed to demonstrate the chemical process designed for the c...Read More

Golden Arrow walks away from Argentina silver-gold project

July 21, 2022 / www.northernminer.com

Golden Arrow Resources (TSX-V: GRG) has terminated its option to acquire a 75% stake in the Libanesa silver-gold project in Argentina's Santa Cruz province.The company said it would focus instead on its new 100% owned San Pietro copper-gold-cobalt project in Chile and other projects in Argentina.The 145-sq.-km Libanesa project, owned by Mirasol Resources (TSX-V: MRZ), is located about 70 km west...Read More

The Dollar Will Collapse, But Not Anytime Soon: Brent Johnson

July 21, 2022 / marketsanity.com

The Jay Martin Show, Released on 7/21/22CEO of Santiago Capital and author of the dollar milkshake theory, Brent Johnson, makes a case for why the U.S. dollar still has a long ways to go before it is ever at risk of collapsing. Brent cites the fact that in addition to the dollar being the strongest currency out there, the central bank still has tools as its disposal that can prop the dollar up for...Read More

Dave Kranzler: 'Gold/silver COT as bullish as I've ever seen'

July 21, 2022 / marketsanity.com

Arcadia Economics, Released on 7/21/22Throughout the recent gold and silver selloff, one standout feature has been that the banks continue to buy back futures contracts. Does this mean that the selloff is over? Unfortunately that's impossible to know in advance. But the positioning change has been substantial enough that analyst and Arcadia guest host Dave Kranzler feels it's the most bullish setu...Read More

YouTube to censor abortion "misinformation"

July 21, 2022 / marketsanity.com

CNBC, Released on 7/21/22"Starting today and ramping up over the next few weeks, we will remove content that provides instructions for unsafe abortion methods or promotes false claims about abortion safety under our medical misinformation policies," the company said in a tweet.Continue... YouTube to censor abortion "misinformation" added by Herman James on 07/22/2022View all posts by Herman James...Read More

Rick Ackerman: S&P 500, Gold, US Dollar, Interest Rates, Central Banks

July 21, 2022 / marketsanity.com

Howe Street, Released on 7/21/22Rick Ackerman is the editor and publisher of Rick's Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options market-maker on the floor of Pacific Stock Exchange. CNBC and Bloomberg have featured his work, and he has written on the markets and the economy for numerous publications, i...Read More

Daniel Lacalle: Eurozone Consumer Confidence Hits An All-Time Low!

July 21, 2022 / marketsanity.com

Daniel Lacalle - Twitter, Released on 7/21/22Eurozone Consumer Confidence hits an All Time Low, data going back to Jan 1983.All time remains a long time. pic.twitter.com/T3Xpe08xEA- Hedgeye (@Hedgeye) July 21, 2022 Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of g...Read More

Former Notre Dame offensive lineman dead at 35... Collapsed and went into cardiac arrest while running...

July 21, 2022 / marketsanity.com

Citizen Free Press, Released on 7/21/22"Paul went into cardiac arrest while on a run in our neighborhood," she wrote. "Today he was pronounced brain dead. We will have a medical examination to understand case of death. His body will Continue... Former Notre Dame offensive lineman dead at 35... Collapsed and went into cardiac arrest while running... added by Herman James on 07/22/2022View all posts...Read More

New York reports nation's first polio case in nearly a decade

July 21, 2022 / marketsanity.com

Politico, Released on 7/21/22"Based on what we know about this case, and polio in general, the Department of Health strongly recommends that unvaccinated individuals get vaccinated or boosted with the FDA-approved [inactivated polio vaccine] as soonContinue... New York reports nation's first polio case in nearly a decade added by Herman James on 07/21/2022View all posts by Herman James ?+'Read More

Larry McDonald Expects Big Rebound in Gold Stocks

July 21, 2022 / marketsanity.com

The Daily Gold, Released on 7/21/22Larry McDonald, founder and editor of the Bear Traps Report has proven to be one of the absolute best market timers when it comes to trading the gold stocks. Larry explains what is happening, the parallels to 2008 and Covid and what it could mean for precious metals. Larry is confident the Fed will be forced to shift soon and that will coincide with a big rebound...Read More

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