Gold prices surged to test the $2,000/oz level early this week before retreating ahead of the Federal Reserve's interest rate decision.Fed policymakers opted for another 25 basis-point hike -- disappointing investors who had hoped for a pause in the wake of high-profile bank runs.Stocks sold off in post-Fed trading on Wednesday afternoon. Precious metals markets, however, managed to record gains f...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsThe Iluka Resources spin-off said its improved reserves of 41 million tonne...Read More
Mitsubishi agreed to acquire a 5% stake in the junior at C$2.63 per share. The exact number of shares will be determined by whether Rio Tinto elects to exercise its right to maintain its 7.Read More
Unsurprisingly copper, the most widely traded and investable of the new energy metals, was the most widely discussed.Read More
Daniel Major, CEO of GoviEx, talks to Mining Journal about the company's progress at its uranium projects in Niger, Zambia and Mali.Read More
Mark Selby, chairman and CEO of Canada Nickel Company, talks to Mining Journal about the junior miner's Crawford nickel-cobalt sulphide discovery and what investors can expect to see in the coming months.Read More
Video Series: Mining Journal speaks with Dr Michelle Michot Foss SPONSOREDsaudi ministry of industry and mineral resourcesSouthern Silver excited by high-grade prospects at Cerro Las Manitas SPONSOREDsouthern silver exploration corp.Rex Minerals nearing investment decision on Hillside copper-gold projectSPONSOREDrex mineralsAvino Silver & Gold looks to triple production by adding assetsSPONSOR...Read More
"After the approval in the Senate Mining Commission, some additional issues have arisen, which do not alter what was legislated by the Commission with the executive available to evaluate them in thisRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 34 points at 8:35 AM EDTIndex futures dropped sharply in overnight trade on concerns that Deutsche Bank was experiencing financial distress. Deutsche Bank dropped $1.20 to $8.14 in overnight trade.Index futures were virtually unchanged following release of the February Durable Goods Order report at 8:30 AM EDT. Consen...Read More
The standard Keynesian policy solution to economic inefficiency is that government takes active measures via a (supposedly) wise and knowledgeable central bank, one filled with people who hold Ph.D.s in economics from top-notch universities.Because they know stuff.These central bankers act in tandem with fiscal policy emanating from a (supposedly) all-seeing, all-knowing government, one filled wit...Read More
"Old soldiers never die," said Gen. Douglas MacArthur in his long-ago farewell address of April 1951. "They just fade away," he added with a note of deep sadness.I sure wish we could say that about Keynesian economists.That is, about economists who follow the doctrines and dogmas of John Maynard Keynes (1883-1946), a British economist whose main works were published in the 1920s and '30s and whose...Read More
Canadian Mining Journal Editor-in-Chief Tamer Elbokl spoke with economist, founder of the publication Critical Metals for a Sustainable World, and former vice-president with Scotiabank, Patricia Mohr at PDAC 2023 in Toronto in March. Mohr discussed Canada's critical minerals potential, including in nickel, copper and rare earths - from mining to refining - as well as rising demand for minerals fro...Read More
The Northern Miner caught up with the world's biggest mining technical consulting group SRK Consulting at PDAC in Toronto in March 2023. Tamer Elbokl, Editor-in-Chief of TNM sister publication Canadian Mining Journal discussed the latest trends in mine closure and reclamation with SRK's principal corporate consultant Jeff Parshley, who specializes in closure planning and closure cost estimation. W...Read More
Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) announced Friday a strategic equity investment by Japan's Mitsubishi Materials to advance the company's Casino copper-gold project in Yukon towards development.Mitsubishi has agreed to acquire about 5% of Western's outstanding shares at $2.63 per share. The exact number of shares to be issued (and by extension, total proceeds received) will depend o...Read More
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in London 250 years ago. In one of the U.K.'s worst ever political decisions (and we've had a few), Parliament voted on Apr. 27, 1773, to help the financially troubled East India Co. (EIC) by allowing it to...Read More
Shares in coloured gems miner Gemfields (LSE: GEM; JSE: GML) climbed more than 5% on Friday after it posted record revenue for 2022, exceeding the US$300-million mark for the first time.The Africa-focused emeralds and rubies miner said last year revenue hit US$341 million, a 32% increase from the almost US$258 million recorded in 2021."The coloured gemstone market has seen strong demand after the...Read More
Bolivia's government is calling its lithium-producing neighbours to forge ahead with the idea of setting a Latin America-wide policy on the exploitation of the coveted battery metal.The idea, part of a broader initiative involving Argentina, Bolivia, Brazil and Chile to form an OPEC-like cartel, seeks to collectively boost the bargaining power of these countries, President Luis Are said in a spee...Read More
Deutsche Bank is Actually Very Profitable" - Jim Cramer #Meme #madmoney #jimcramer #cramer #bank.Read More
South Korean police have announced that well-known crypto scammer Do Kwon was arrested in Montenegro. Kwon is known as ...Read More
The SEC issued an investor alert that warns of significant loss risk for crypto asset investors and concerns over crypto trading ...Read More