Shares in the firm gained 4.3% or C$0.01 to C$0.24, giving the firm a market capitalisation of C$51 million.Read More
From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More
All of the proceeds will be used to pay down the firm's existing credit facility and to fund capital expenditures at the Red Chris mine, the firm said.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 43 points in pre-opening trade. Index futures responded partially to news that China lowered its central bank interest rates in order to stimulate the economy.Applied Materials dropped $2.27 to $108.47 after reporting lower than consensus fiscal second quarter revenues and earnings. Door Dash added $0.30 to $67.25 afte...Read More
When mining in Colombia, Ecuador, and Peru, implementing corporate social responsibility (CSR) programs is simply not enough to guarantee success. Instead, mineral explorers and developers often see substantial projects halted in their tracks by staunch community-level opposition, even when projects had passed regulatory muster, says mining sector researcher, analyst and reporter Paul Harris, in...Read More
Shares of NioCorp Developments (TSX: NB) rose 50% this morning as the company's updated feasibility study for its Elk Creek niobium, titanium and scandium project in Nebraska reported the presence of about 632,900 tonnes of rare earth oxides (REO), which the firm said is the second largest indicated rare earth resource in the U.S. The rare earth resource totals 188.8 million tonnes grading 0....Read More
Colombia, Ecuador, and Peru offer miners a blend of established mining jurisdictions and areas of potentially highly-prospective and unexplored terrain. Here are eight miners active within and across the three countries to watch.CANDENTE COPPERCandente Copper's Canariaco Norte porphyry copper project 700 km northwest of Lima, Peru. Photo by Candente Copper.Vancouver-headquartered Candente Copper (...Read More
Horizonte Minerals (TSX: HZM; AIM: HZM) has kicked off construction of its Araguaia nickel mine in northern Brazil, which is set to produce 29,000 tonnes of the battery metal a year mostly destined to supply the stainless steel market. The fully funded project, which will take about two years to build, will initially generate 14,500 tonnes of nickel a year.Construction includes an open pit and...Read More
Canadian explorer Skyharbour Resources (TSXV: SYH) has inked a cash and shares deal to acquire an initial 51% stake in Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) Russell Lake uranium project, in Saskatchewan.The Vancouver-based junior miner has the option of becoming the sole owner of the property, which is in the uranium-rich Athabasca basin, between two of Orano Mining's properties and near Cam...Read More
The Daily Gold, Released on 5/20/22Vince Lanci, founder of Echo Bay Partners and a market maker on the floor of the NYMEX and COMEX with decades of experience, deciphers why Zoltan is bullish on Gold. He also discusses Fed policy and together we analyze potential developments and scenarios that would be very bullish for Gold.Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Ec...Read More
Kitco News, Released on 5/20/22Gary Wagner, Editor of TheGoldForecast.com, thinks gold has recently lost its "luster" as a hedge against equities and inflation. Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The Gold Forecast," a dail...Read More
Grant's Interest Rate Observer Podcast, Released on 5/20/22With special guest, Steve Forbes, the chairman and editor-in-chief of Forbes Media.Steve Forbes is an American publishing executive who was twice a candidate for the nomination of the Republican Party for president. He is the editor-in-chief of business magazine Forbes magazine as well as president and chief executive officer of its parent...Read More
Investing News Network, Released on 5/20/22 (Recorded on 5/17/22)*This interview was filmed on May 17, 2022As the broader markets face volatility, what is Rick Rule doing with his money? Rule, who is a well-known investor and speculator, as well as proprietor at Rule Investment Media, said he has a shopping list ready and sees the current circumstances as an opportunity. "I'm no market forecaster,...Read More
Stansberry Research, Released on 5/20/22"We're having a garden variety correction," as the market tries to figure out what comes next, asserts Shark Tank star Kevin O'Leary, also known as Mr. Wonderful. "We're getting close to a bottom," he tells our Daniela Cambone, on the first edition of the new monthly series: WonderBerry. O'Leary questions what portion of inflation is transitory, as Target an...Read More
Pento Portfolio Strategies (via Dollar Collapse), Released on 5/20/22Investors with their capital intact will have a better chance to profit once this liquidity crisis is over.Continue... Michael Pento: Powell's crash landing is assured added by Herman James on 05/22/2022View all posts by Herman James ?+'Read More
AntiWar, Released on 5/20/22Ukrainian Ministry of Internal Affairs adviser Anton Gerashchenko tweeted, "The US is preparing a plan to destroy the [Russian] Black Sea Fleet. The effective work of the Ukrainians on [Russian] warships Continue... US Drawing Up Plans To Sink Russia's Black Sea Fleet! added by Herman James on 05/22/2022View all posts by Herman James ?+'Read More
Natural News, Released on 5/20/22CDC reported a weekly case rate of 250.02 per 100,000, compared to 245.82 per 100,000 for unvaccinated children in the said age group on Feb. 12. The trend holds for the following weeks up to the third week of March, the latest week with available data.Continue... CDC data: Fully vaccinated kids are more likely to get COVID-19 than unvaccinated kids added by Herman...Read More
Economic Prism, Released on 5/20/22The U.S. dollar has become more valuable. Not against goods and services. But against foreign currencies.Continue... What's Up With Gold? added by Herman James on 05/22/2022View all posts by Herman James ?+'Read More
BLOCKCAST CC, Released on 5/20/2200:00:00 Introduction00:01:09 View on the current state of affairs Is it a recession now?00:03:22 Whether Federal Reserve be able to contain it?00:04:00 What should a normal investor do?00:04:52 Which markets and sectors are less vulnerable to recession?00:05:58 Where and how to invest in commodities?00:08:37 Whether investing in US technology a wise idea? Does the...Read More
Robert Kiyosaki - Twitter, Released on 5/20/22Biden is a criminal. Shutting down US oil production and blaming Putin for rising oil and food prices makes him a traitor. Rather than ask Fed chairman Powell for interest rate hikes to end inflation open American oil fields to bring inflation doen. F-the greenies Green New Deal- therealkiyosaki (@theRealKiyosaki) May 21, 2022 Robert Kiyosaki is best k...Read More