(IDEX Online) - The Angolan government says Endiama, the state-run diamond company, could be hit by delays in Russian-made mining machinery and spares as the war in Ukraine continues.But Russia's ambassador to the country is adamant that Western sanctions "will not affect its work in Angola in any way".A Reuters report cites a brochure made available by the Angolan government at the Mining In...Read More

(IDEX Online) - The newest diamond mine in Sierra Leone is to hold its maiden sale of rough production later this month.The Tongo Diamond Mine, operated by Australia-based Newfield Resources, has signed an exclusive sales and marketing agreement with Bonas, in Antwerp.Newfield describes the mine as "an 8.3m carat JORC compliant indicated and inferred diamond resource, primarily based on five kimbe...Read More

(IDEX Online) - Seasoned diamond hunter Adam Hardin has found his biggest stone yet - a 2.38-carat brown gem.He's been a regular visitor to the Crater of Diamonds State Park, in Arkansas, for a decade and says he's found hundreds of smaller stones. But this is by far the biggest.It's the USA's only active diamond mine, where visitors pay $10 a day to sift the soil - and keep an...Read More

Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow minerals"Mining is a continuous sunrise sector in our economy," Ramaphosa said, as he laid out his plans...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 36 points in pre-opening trade.Microchip Technology added $1.69 to $66.00 after reporting record fourth quarter revenues. The company also offered positive guidance.Peloton plunged $3.74 to $10.39 after recording a third quarter loss. The company also lowered guidance. Bausch Health dropped $2.26 to US$10.74 after reco...Read More

Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not "out of the question" for the company to enter the mining business, as the world's largest electric vehicle (EV) manufacturer looks to tackle raw material constraints. In a keynote interview at The Financial Times Future of the Car summit, Musk said that the demand for raw materials is exceeding production "to a ridiculous degree." "I...Read More

Shares of Aton Resources (TSXV: AAN) reached their highest value in three years as the company reported its latest drill results from its Rodruin gold exploration project in eastern Egypt. Highlights from the diamond drill results included 9.9 metres grading 39.4 grams gold per tonne, 261.7 grams silver, 0.84% copper, 0.02% tin and 3.55% zinc starting from 138.1 metres in hole ROD-071 and 5.7 m...Read More

Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000 tonnes of the battery metal in 2025.The country has attracted in the past year a fury of companies, including the world's second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) and South Korean steelmaker Posco,...Read More

This week's episode features Cameco's Q1 conference call with president and CEO Tim Gitzel, who describes the fundamentals of uranium as driven strongly by "security supply concerns." He also discusses how the Russia-Ukraine war is increasing pressure on the uranium supply around the world and how nuclear energy is essential to reducing greenhouse gases and achieving 'net zero' carbon emissions....Read More

The Gerald Group-owned Marampa Mines Limited has commissioned a 3.25 million tonnes per annum expansion of the namesake iron ore mine in Sierra Leone.The expansion follows a restart of mining on September 1, 2021, and ups output from 2 million tonnes per annum, producing the company's trademarked Marampa Blue product.Marampa Blue entails a >65% iron content concentrate currently in high demand as...Read More

Kitco News, Released on 5/10/22Anmol Singh, founder of Live Traders, discusses the next targets for the stock market indices with David Lin, anchor of Kitco News. 0:00 - Market recap3:25 - Bear market indicators6:00 - Any good news for the market?9:15 - Trading strategies12:30 - Tech stocks15:14 - Cryptos16:41 - Algorand Anmol Singh, Crypto, stocks, tradingMarket crash will continue, nothing ca...Read More

Liberty and Finance, Released on 5/10/22"The Fed is trapped," says Andy Schectman, CEO & president of Miles Franklin. "When the market realizes [the Fed is] trapped, things are going to get really, really interesting." He believes what has been referred to as "The Great Reset" is currently underway. If interest rates rise significantly, the economy will be in crisis, he says. "You raise rates and...Read More

321gold, Released on 5/10/22The next big up move in resources will make fortunes for those wise enough to heed good advice.Continue... Bob Moriarty: The Stock Market Crash Continues and Takes Gold Stocks Down Too added by Herman James on 05/11/2022View all posts by Herman James ?+'Read More

Glenn Greenwald - Substack, Released on 5/10/22Tens of billions, soon to be much more, are flying out of U.S. coffers to Ukraine as Americans suffer, showing who runs the U.S. Government, and for whose benefit.Continue... Biden Wanted $33B More For Ukraine. Congress Quickly Raised it to $40B. Who Benefits? added by Herman James on 05/10/2022View all posts by Herman James ?+'Read More

While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More

The bad news continued with the company's results for the quarter to March 31 as production plummeted 37.5% to 25,100 gold equivalent ounces at an all-in sustaining cost of $2,146 per ounce, from 40,150oz in the December 2021 quarter.The fall in production saw the company report a net loss of US$19.3 million on revenue of $25.5 million in the quarter compared with a net loss of $21 million in the...Read More

Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsPeru failed to meet its March 31 reporting deadline for its 2019 EITI report. The suspension can...Read More

Wealthion, Released on 5/10/22Markets are in turmoil as inflation rages, the Fed hikes interest rates and recession looms. So far for 2022: US Government bonds are down over 10%. The S&P is down over 17%. The tech-heavy NASDAQ is down over 27%. And Bitcoin is down over 37%. Today's guest, analyst Tavi Costa of Crescat Research, thinks there's room further to fall for these assets as everything is...Read More

USA Watchdog, Released on 5/10/22Schiff advises to stock up on everything you think you are going to need. Things such as toiletries, food, spare parts for your equipment and anything else you can store because everything is going up in price. It will never be cheaper, and in the future, you might not be able to get it at any price.Peter Schiff is an internationally recognized economist specializi...Read More

While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More