U.S. equity index futures were lower this morning. S&P 500 futures were down 70 points in pre-opening trade. Starbucks dropped $1.46 to $75.06 after Deutsche Bank lowered its target price from $116 to $103.Shopify fell $20.00 to US$357.49 after Wedbush dropped its target price from $630 to $538.Duke Energy slipped $1.16 to $110.16 after reporting lower than consensus first quarter earnings. Un...Read More

Trevali Mining (TSX: TV; US-OTC: TREVF) has said that it is yet to locate or communicate with the eight underground miners who went missing on Apr. 16 at its Perkoa zinc mine in Burkina Faso after flooding caused by heavy rainfall disrupted operations, the company said. The Burkina Faso government is conducting an investigation into the flooding event, Trevali's director of investor relations,...Read More

A renewed focus on creating meaningful partnerships between miners, host communities and governments is quintessential to unlocking economic prosperity for African stakeholders, Barrick Gold (TSX: ABX; NYSE: GOLD) CEO Mark Bristow told the Investing in Africa Mining Indaba on May 9.The chief executive of the world's second-largest gold producer by volume calls it "partnerships for prosperity," whi...Read More

The Dow Jones Industrial Average fell 162.13 points or 0.49% to 32,899.37 and the S&P 500 fell 32.04 points or 0.77% over the week to 4,123.34. Shares of Cameco fell 1.97% to US$23.84 as the company failed to attract additional long-term uranium contracts during the first quarter of this year, beyond the 40 million lb. announced in mid-February. The company said that it had a "significant pipelin...Read More

Over the May 2-6 trading period, the S&P/TSX Composite Index inched 58.94 points or 0.28% lower, to 20,633.28. The S&P/TSX Global Mining Index lost2.83 points or 2.52% to 112.16 and the S&P/TSX Global Base Metals Index fell 8.22 points or 4.37% to 188.01. The S&P/TSX Global Gold Index fell by 0.91 points or 0.28% to 323.52 and spot gold ended the week US$12.65 per oz. higher, or 0.67%, at US$1882....Read More

The S&P/TSX Venture Composite Index retreated by 44.46 points or 5.5% over the May 2-6 trading session to end at 769.97. Vancouver-based Chesapeake Gold rose 17 ? to close the week at $3.02, or 6% higher. The junior released infill drilling results from its Metates gold-silver project in Mexico's Durango state that returned 22% average higher grades within intrusive-hosted mineralization than pre...Read More

Imperial Metals (TSX: III) is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a looming deficit.Work to reopen the mine began late last year, with hundreds of former and new employees focused on removing water from the pit, pre-stripping waste rock to expose ore bodies and preparing the processing mill...Read More

The board of First Quantum Minerals (TSX: FM) has resolved to proceed with a US$1.3 billion expansion of the company's cornerstone Kansanshi copper mine in Zambia, including the Enterprise nickel project.Called the S3 Expansion, the project is expected to transition the mine from its current selective high-grade, medium-scale operation to a medium-grade, larger-scale mine able to deal with a highe...Read More

Increasingly, financial regulators and investors are focused on ensuring that mining companies are prepared for the risks and opportunities of climate change.However, the consequences of climate change for the mining industry "are informed by a complex and evolving dynamic, which presents both threats to the way the industry operates and significant business opportunities as the world pushes towar...Read More

Share this articleVANCOUVER - Orla Mining Ltd. [OLA-TSX] has announced Phase one metallurgical test results at its Camino Rojo sulphide deposit in Zacatecas, Mexico with findings that support the potential for a standalone processing option.Camino Rojo consists of a near-surface oxide gold-silver deposit with a large deeper gold-silver-zinc-lead- sulphide zone.Camino Rojo reached the commercial pr...Read More

We spoke with Don Mosher, President and Director of Desert Mountain Energy Corp. (TSX.V: DME, U.S. OTC: DMEHF, Frankfurt: QM01), a forward-looking Vancouver-based resource company, actively engaged in the exploration and development of the world's potentially highest-grade Helium and Noble Gas properties, in Northeastern Arizona. Currently, the Company is focused on its Tier 1 Holbrook Basin Heliu...Read More

Wall Street Silver - Twitter, Released on 5/9/22New footage from Shanghai. I guess this is the new way to arrest people...Probably a propaganda video, not sure why they are leaking stuff like this. pic.twitter.com/difbScQgNK- Wall Street Silver (@WallStreetSilv) May 9, 2022 More insane lockdown footage from Shanghai... added by Herman James on 05/09/2022View all posts by Herman James ?+'Read More

Mish Talk, Released on 5/9/22Treasury Secretary Janet Yellen tried to comfort the markets today. Her comments appear to have been counterproductive.Continue... Mish Shedlock: Don't Worry, Janet Yellen Says the Financial System is Still Orderly added by Herman James on 05/10/2022View all posts by Herman James ?+'Read More

Wolf Street, Released on 5/9/22This gap between the record gasoline and diesel prices and the far-below-record crude Continue... Wolf Richter: Gasoline & Diesel Prices Spike to New WTF Records, But Don't Blame Crude Oil added by Herman James on 05/10/2022View all posts by Herman James ?+'Read More

Investment Research Dynamics, Released on 5/9/22I'm starting to believe that the housing market may have hit a wall in April. The graphic below is my Continue... Dave Kranzler: The Housing Bubble Has Popped added by Herman James on 05/09/2022View all posts by Herman James ?+'Read More

The Epoch Times (via Zero Hedge), Released on 5/9/22An estimated $350 million in undisclosed royalties were paid to the National Institutes of Health (NIH) and hundreds of itsContinue... Nonprofit Watchdog Uncovers $350 Million In Secret Payments To Fauci, Collins, Others At NIH added by Herman James on 05/10/2022View all posts by Herman James ?+'Read More

Kitco, Released on 5/9/22The major level on the chart is the blue consolidation low at $1671.70/oz. The price has testedContinue...The next major technical support area in gold added by Herman James on 05/09/2022View all posts by Herman James ?+'Read More

Summit News, Released on 5/9/22During an appearance on CNN, FDA chief Dr. Robert Califf asserted that the leading cause of death in the United States is online "misinformation."Continue... FDA Chief Claims "Misinformation" is Leading Cause of Death in the United States added by Herman James on 05/10/2022View all posts by Herman James ?+'Read More

Dear Outsider,An interesting trade came across my desk yesterday.My colleague showed me how he's profiting from all the volatility going on this week.I'll share that with you if you stick with me.And I'll spare you too much of the Fed talk since you're probably getting it from every angle of Google's algorithm right now.But it's important to remember a few key points about the implications of rate...Read More

It was another bloodbath on Wall Street today, as the three major indexes took another beating.Both the Dow and S&P are well into correction territory (down 10% or more from recent highs).The rate-sensitive Nasdaq lost over 4% today. It's now mired in an official bear market (down 20% from its most recent highs), which will likely get worse before it gets better.Markets will have their good da...Read More