For the year-to-May, Dynacor's cumulative sales are $87.2 million, which is a 26% year on year increase. The January-May sales translate to an annualized rate of $210.78 million.The May sales were up 24% year on year and 11% month on month.Dynacor's average selling price in May was $1,846/oz, compared to $1,873/oz in May of last year. The 2022 forecast is based on an average gold price of $1,800/o...Read More
"His breadth of experience is well-suited to lead our company into the future," NV Gold's chairman John Watson said."John's strong background in finance and investor relations, combined with his industry reputation will be pivotal to achieving the company's goals. NV Gold is pursuing an aggressive exploration strategy designed to take advantage of its significant Nevada property portfolio," he sai...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesFar more than companies in other sectors, miners have an implied freedom to switch strategic direction, perhaps fre...Read More
(IDEX Online) - The Kimberley Process (KP) must "stop turning blind eye to Russia's invasion of Ukraine and take fight against conflict diamonds seriously". The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees its activities, issued a strongly-worded statement on Tuesday, accusing the KP of being "no longer fit for purpose".An attempt by Western...Read More
(IDEX Online) - Gem Diamonds has recovered an exceptional Type II 245-carat diamond (pictured) from its Letseng mine in Lesotho.It's the third +100-carat stone in three weeks from the world's highest dollar per carat kimberlite diamond mine.London-based Gem recovered a 129-carat stone on 23 May at Letseng, the world's highest diamond mine, 3,100 meters above sea level in the Maluti...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) says Kering, Richemont and other members have rejoined, after their high-profile departures over the organization's ties with Russia."Most of the small number of members who briefly left the RJC in late March rescinded their resignations within a few weeks, including all the Kering and Richemont maisons, retaining their long-standing RJC...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 84 points at 7:30 AM EDT. Index futures are responding to expectations that the Bank of England will increase its overnight lending rate today.U.S. equity index futures were waiting for release of economic news at 8:30 AM EDT. Consensus for the June Philly Fed Index is an increase to 5.3 from 2.6 in May. Consensus for...Read More
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.'s industry minister says she's confident several ongoing initiatives could fill the economic hole.The Ekati mine, operated by Arctic Canadian Diamond, is expected to close as soon as 2024. Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)'s Diav...Read More
Amex Exploration (TSXV: AMX; US-OTC AMXEF) continues to report high grade results from the Eastern gold zone of its Perron gold project, located 110 km north of Rouyn-Noranda in Quebec. Highlights of the drilling, which focused on expanding the "High Grade Zone (HGZ)" outside of the main core of the zone, included 15.9 metres grading 15.52 grams gold per tonne starting from 848.2 metres in hole...Read More
Mines of the future will need software developers, data analysts and even bio-technology scientists to be able to meet the rising of demand of metals, needed for decarbonization, in an environmentally friendly way, said Teck Resources' (TSX: TECK.B; Nasdaq: TECK) Jeff Hanmanin a keynote speech on the final day of PDAC 2022. Hanman, Teck's vice-president of sustainable development gave examples...Read More
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has received an environmental permit for the development and production of the company's Pavon central deposit in Nicaragua. In 2021, Calibre initiated production at Pavon Norte, one of the project's three gold deposits. With the latest permit, the miner aims to begin production at the central deposit in the first quarter of 2023. "The approval of Pavon...Read More
BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) planned exit from thermal coal has been modified as the company has decided to keep its Mount Arthur mine, New South Wales' largest coal operation, after failing to find a buyer for it.For the past two years, the world's largest miner has offloaded coal assets as it seeks to reduce emissions and streamline its portfolio.It succeed in selling its stake in the...Read More
Howe Street, Released on 6/16/22John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columni...Read More
The Investors Podcast, Released on 6/16/22On today's episode I sit down with Jeff Snider. Jeff is the Head of Global Research at Alhambra Investments. He's developed a working model for the global monetary system that is unlike anything else I've seen to date. The general thesis is that the Eurodollar system is working behind the scenes to soak up dollar liquidity, which results in a global dollar...Read More
Trends Research, Released on 6/16/22Gerald 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, ri...Read More
New York Post, Released on 6/16/22"It's simply a fraud whereby 'greater fools' are deceived into buying the coin at a higher price."Continue... Elon Musk sued for $258 billion over dogecoin 'pyramid scheme' added by Herman James on 06/17/2022View all posts by Herman James ?+'Read More
The move comes after the Canadian government in its national budget set aside C$3.8 billion in April this year for the development of critical minerals, which includes graphite, and highlights how firms are eager to lobby for financial support from government.Northern Graphite is seeking government support in financing the construction of Bissett Creek graphite mine in Ontario and extending the mi...Read More
SSR Mining's share purchase under a normal course issuer bid will supplement the existing base dividend and is part of its capital allocation framework for returning excess cash to shareholders, the firm said.Analysts said the share buy back could be funded from strong cash balances."SSR ended the first quarter with a cash balance of US$999 million excluding restricted cash and we currently model...Read More
Kudz Ze Kayah is an open-pit and underground silver, copper, gold, lead and zinc mine development located approximately 115 kilometres southeast of Ross River, Yukon and 5 km west of the Wolverine zinc mine.The project is anticipated to inject up to C$720 million in capital expenditures into Canadian and Yukon economies over its life, Natural Resources Canada said.The project can now proceed to th...Read More
GoldSilver Pros, Released on 6/16/22Dave Kranzler from Invest Research Dynamics comes back to the show to discuss the crazy announcement of the FED and to provide his view of the REAL cause of inflation. Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Econo...Read More