A Reuters analysis of power demand data supplied to mine, which can be used as a close proxy of mining activity, shows that power use levels had returned to normal after a slump in power use from lateRead More
"After a period of considerable support from Power Metal Resources, we are now in a position to regain complete ownership of our crucial prospecting licences in the Kalahari Copper Belt and at Ditau. On completion of the transaction, Kavango will become one of the largest landholders for copper exploration in Botswana," Kavango's CEO Ben Turney said.The terms of the proposed agreement sees Kavango...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points in pre-opening trade. Index futures responded to news of more shutdowns in China due to a spread of a COVID 19 variant. Twitter dropped $1.98 to $34.883 after Elon Musk terminated his takeover offer for the company. Stifel Nicolaus lowered its target price from $54.20 to $30.00Lululemon fell $12.38 to $281.8...Read More
Spread the lovePRIVATE BLOG - Gold into the 3rd QuarterPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
Building a net-zero economy is critical, but using fossil fuels still will be necessary for decades to come, said Pierre Lassonde, co-founder of Franco-Nevada on June 8 in Toronto at the Mining Legends Speaker Series, organized by The Northern Miner, the Canadian Mining Hall of Fame and Young Mining Professionals."[Oil and gas are] going to be with us for the next 100 years," Lassonde said at the...Read More
Leading precious metals streaming company Royal Gold (NASDAQ: RGLD) has signed a definitive agreement to acquire all of the issued and outstanding shares of Great Bear Royalties (TSXV: GBRR) for a cash consideration of $6.65 per share. The acquisition price represents a 43% premium to GBR's 20-day volume weighted average trading price on the TSX Venture Exchange up to and including July 8, valuing...Read More
Shares of EV Nickel (TSXV: EVNI) jumped more than 50% in morning trading as the company's latest drill results from its Shaw Dome project in Timmins, Ont., intersected high-grade nickel sulphide.Highlights from the drill results included 14.30 metres grading 1.50% nickel starting from 311.8 metres in drillhole EV22-12, including 5.40 metres grading 2.96% nickel; and 5.50 metres grading 1.33% nicke...Read More
South African miner Gold Fields (NYSE: GFI; JSE: GFI) promised an improved dividend policy and a Toronto Stock Exchange listing in a bid to win shareholders who have expressed reservations about the planned US$6.7-billion takeover of Canada's Yamana Gold (TSX: YRI; NYSE: AUY) The merger, which would create the world's fourth-largest gold miner and is expected to surpass Agnico Eagle Mines (TSX:...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) is pushing ahead with pre-construction work at its Skouries gold-copper project in northern Greece, which was halted from 2017 to last year due to government delays in issuing permits and community opposition. After inking a new investment contract with Greece in early 2021, Eldorado has focused on resuming construction at the mine, which has reserves of 3....Read More
Just two months after closing its acquisition of the Okanjande graphite deposit and Okorusu processing plant in Namibia, Northern Graphite (TSXV: NGC; US-OTC: NGPHF) has completed a preliminary economic assessment on a restart of the operation, which was put on care and maintenance in November 2018.Northern Graphite says the project could be brought back into first production within nine to 12 mon...Read More
Results from the first four diamond drill holes at its Hopper porphyry/skarn copper-gold project in southwestern Yukon are encouraging, says junior explorer CAVU Energy Metals (CSE: CAVU; US-OTC: CAVVF). The 7,400-hectare project is about 180 km northwest of Whitehorse and CAVU is earning a 70% stake in the project under an option agreement with project generator Strategic Metals (TSXV: SMD).Drill...Read More
Financial Survival Network, Released on 7/11/22Summary: A major concern in the economy is preventing recession, but it looks as if we are already in one. I sit down and chat with Michael Pento, the President and Founder of Pento Portfolio Strategies, and he has been accurately predicting the Fed's moves for quite some time. People are losing their jobs, home prices are about to tank, and we are ex...Read More
Wall St. For Main St., Released on 7/11/22Finance Unspun Episode 5 with Co-Host Lee Justo:Check out Lee Justo's YouTube channel "Risk" here: https://www.youtube.com/channel/UCo7Y...Over 200 articles, audio podcasts & interviews with experts exclusive for Patrons with 45 new articles & audio podcasts out in the last 31 weeks (and over 12 in the last 10 weeks)! Plus, you are helping keep the free co...Read More
Paul Barron Network, Released on 7/11/22Chinese banks froze millions of dollars worth of deposits in April, telling customers they were upgrading their internal systems. Chinese media has reported that the frozen deposits could be worth up to $1.5 billion and authorities are investigating the three banks. About 1,000 people gathered outside the Zhengzhou branch of China's central bank on Sunday to...Read More
George Gammon, Released on 7/11/22Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1 click here!! https://georgegammon.com/proDoomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across hea...Read More
Liberty and Finance, Released on 7/11/22 "This is a potential banking meltdown," says former bank director Alasdair MacLeod, head of research at Gold Money. There is a new emerging debt crisis in the Eurozone. The Euro is dropping to parity with the U.S. Dollar, and things are about to get much worse. The problem is not just going to impact Europe, though Eurozone banks are extremely leveraged. Fo...Read More
Citizen Free Press, Released on 7/11/22Protestors go off on PM Justin Trudeau during his visit in Sudbury. Freedom is still alive among the patriots of Canada.Continue... Hero calls Justin Trudeau 'communist pig' to his face added by Herman James on 07/12/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 7/11/22"A lot of people, right now, they're in a recession because they're just trying to survive by just buying gas and making house and rent payments." Continue... Costco CEO Warns 'A Lot Of Consumers Are In Recession Right Now' added by Herman James on 07/12/2022View all posts by Herman James ?+'Read More
CNBC, Released on 7/11/22The share of sale agreements on existing homes canceled in June was just under 15% of all homes that went under contract, according to a new report from Redfin.Continue... Homebuyers are canceling deals at the highest rate since the start of the pandemic added by Herman James on 07/12/2022View all posts by Herman James ?+'Read More
Gold Switzerland, Released on 7/11/22The current and open fraud regarding the paper gold price in the COMEX market is now Continue... Paper Gold Price Manipulation - Rigged To Fail added by Herman James on 07/12/2022View all posts by Herman James ?+'Read More