Recent News

Two Red Lake hopefuls crater on brewing Barrick beef

July 05, 2022 / www.northernminer.com

The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More

Monarch Mining feeds first ore to Beacon mill in Quebec

July 05, 2022 / www.northernminer.com

In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects to make its first gold pour this month.The Beaufor mine and Beacon mill are located about 20 km northeast of Val d'Or, Que., and have produced over 1.1 million oz. of gold since it first opened in the 1930s. Monarch acq...Read More

Rio2's EIA for Fenix gold project again rejected by Chilean authorities

July 05, 2022 / www.northernminer.com

Shares of Rio2 (TSXV: RIO; US-OTC: RIOFF) on Tuesday reached their lowest value since March 2020 as Chile's regional evaluation commission, which includes 12 government bodies, again rejected the company's environmental impact assessment (EIA) for its Fenix Gold project in the Atacama region.The news comes days after the project's EIA was denied by the environmental assessment service (SEA), a nat...Read More

Mkango feasibility for Songwe Hill rare earth project pegs capex at US$277M, post-tax NPV at US$559M

July 05, 2022 / www.northernminer.com

Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90 km from the commercial centre of Blantyre, the Songwe project is the cornerstone of Mkango's mine, refine and recycle strategy, underpinning the development of a proposed separation plant in Poland and co...Read More

The Northern Miner Podcast - episode 298: Central banks are buying gold at higher prices, ft CPM Group managing partner Jeffrey Christian

July 05, 2022 / www.northernminer.com

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses an increase in busyness in the precious metals market, as well as how central banks around the world are starting to buy gold at higher prices. He also explains why the G7 plan to ban Russian gold exports is largely symbolic with few real-world implications.All th...Read More

Hecla Mining acquires Yukon miner Alexco Resource in all-share deal

July 05, 2022 / www.northernminer.com

American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn't already own, in a deal that values the target's shares at US47 ? each.The Coeur d'Alene, Idaho-based miner, said the figure represents a premium of 23% based on Alexco's five-day volume weighted average price on the New York Stock Exchange on July 1.At...Read More

Bix Weir: A New Monetary System is Close..Just NOT THE WAY YOU THINK!

July 05, 2022 / marketsanity.com

Road To Roota, Released on 7/5/22Are you surprised that Silver, Gold and Cryptos aren't responding the way they are supposed to in a hyper-inflationary world? Don't be! THEY ARE ALL RIGGED! We will live through the End Game of computer market rigging in 2022! Then you will be very happy that you held your assets OUT OF THE SYSTEM!Bix Weir has 30 years' experience in the financial industry with var...Read More

Markets Plunge, What's Next | Andy Schectman LIVE Q&A

July 05, 2022 / marketsanity.com

Liberty and Finance, Released on 7/5/22Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Andy Schectman, economic collapse, gold, inflation, precious metals, silverMarkets Plunge, What's Next | Andy Schectman LIVE Q&A added by Herman James on 07/05/2022View all posts by Herman James ?+'Read More

Lynette Zang: Is the Next Crisis Unfolding Now?

July 05, 2022 / marketsanity.com

ITM Trading, Released on 7/5/22The U.S. is experiencing the most expensive Real Estate bubble in history and with the interest rates rising, these markets are starting to flash warning signs. Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable l...Read More

The Big Lie: Russia Will Lose

July 05, 2022 / marketsanity.com

Trends Research, Released on 7/5/22Gerald 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, rig...Read More

Great Reset Will Be the Great Reject - David Morgan

July 05, 2022 / marketsanity.com

USA Watchdog, Released on 7/5/22What can people do to make the "Great Reset" not work? Morgan says, "It's the 'Great Reject.' You do not participate in the 'Great Reset.' You stay out of the system to the best of your ability, which means you use cash like Catherine Austin Fitts talks about. You can trade in silver and gold. Some states allow you to do that, and more are coming on all the time, pu...Read More

Gold price tanks 2% as Fed may be 'near the peak of its interest rate hikes' - Axel Merk

July 05, 2022 / marketsanity.com

Kitco News, Released on 7/5/22Axel Merk, CIO and Founder of Merk Investments, discusses the recent gold price fluctuations, and broader macroeconomic trends with David Lin, Anchor and Producer at Kitco News. 0:00 - Gold's selloff2:11 - The U.S. dollar3:44 - Gold and equities4:44 - Recession outlook10:40 - Fed policy and inflation13:08 - Fiscal policy18:00 - Labor market conditions23:56 - Stagflati...Read More

The Haitian Covid Miracle

July 05, 2022 / marketsanity.com

Frank Grimes Jr. - Twitter, Released on 7/5/22Haiti did not vaccinate its citizens. Their current vaccination rate is 1.4% of the population. Haiti has not been effected by covid while the countries who did vaccinate the majority of their populations are struggling, and telling their citizens they need repeated injections. pic.twitter.com/23cBJBKqb7- Frank Grimes Jr. (@FrankGrimes_Jr) July 5, 2022...Read More

Charles Hugh Smith: The One Solution to All Our Problems

July 05, 2022 / marketsanity.com

Of Two Minds, Released on 7/5/22Pick one, America: national security of the essential material foundation of everything, the industrial base, or "global markets," maximizing greed / corporate profits.Continue... Charles Hugh Smith: The One Solution to All Our Problems added by Herman James on 07/06/2022View all posts by Herman James ?+'Read More

Joe Biden has allowed five million barrels of oil from US Strategic Petroleum Reserves to be shipped abroad after claiming they'd be released to help lower soaring gas prices

July 05, 2022 / marketsanity.com

Daily Mail, Released on 7/5/22Joe Biden has shipped five million barrels from the United States' Strategic Oil Reserve abroad, after claiming that releasing them would help ease Americans' pain at the pumps.Continue... Joe Biden has allowed five million barrels of oil from US Strategic Petroleum Reserves to be shipped abroad after claiming they'd be released to help lower soaring gas prices added...Read More

Zimbabwe to tame inflation with gold coins

July 05, 2022 / marketsanity.com

Kitco, Released on 7/5/22Zimbabwe's central bank will start selling gold coins later this month to try andContinue... Zimbabwe to tame inflation with gold coins added by Herman James on 07/06/2022View all posts by Herman James ?+'Read More

Two Red Lake hopefuls crater on brewing Barrick beef

July 05, 2022 / www.northernminer.com

The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More

Biden and Universities Launch Sneak Attack on Free Speech

July 05, 2022 / marketsanity.com

The American Conservative, Released on 7/5/22The proposed new Title IX regulations by President Biden's Department of Education have opened the door for universities to restrict and compel student speech even more than they already do. Continue... Biden and Universities Launch Sneak Attack on Free Speech added by Herman James on 07/07/2022View all posts by Herman James ?+'Read More

Frank Giustra: Why the U.S. dollar will be replaced as the dominant global currency - sooner than you think

July 05, 2022 / marketsanity.com

Toronto Star, Released on 7/5/22A new world order may be coming in global finance, writes Frank Giustra. And this sort of transition isn't always peaceful.Continue... Frank Giustra: Why the U.S. dollar will be replaced as the dominant global currency - sooner than you think added by Herman James on 07/07/2022View all posts by Herman James ?+'Read More

Gold Price Summer Seasonal Doldrums / Commodities / Gold and Silver 2022

July 05, 2022 / marketoracle.co.uk

Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers.  With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane.  Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it.  Long feared as the summer dold...Read More

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