Tavi Costa - Twitter, Released on 1/5/23The "Buy gold and sell stocks" strategy has been on fire recently.As a result:Miners started to significantly outperform overall equities. The gold stocks-to-S&P 500 ratio just broke out from key resistance. A historically cheap industry ripe for a big move to the upside. pic.twitter.com/ubelbUUeWC- Otavio (Tavi) Costa (@TaviCosta) January 5, 2023 Tavi Costa...Read More
Regulus and Nuton will jointly undertake copper sulphide leach testing utilising Nuton's copper sulphide leach technologies with samples from its AntaKori copper-gold project in Cajamarca.Read More
Look beyond market approach to project valuations: van ZylLeadership4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corp"The miners are trading at premium valuations heading into a tricky...Read More
The bill was modified in October 2022 to apply a flat-rate ad valorem, or revenue-based, tax of 1% for large-scale copper mining whose exploitation exceeds 50,000tpa, thus excluding medium-sizedRead More
With the parties unable to agree on new contract terms by a 14 December 2022 deadline imposed by the government, a week later the government ordered the company to place the operation on care onRead More
(IDEX Online) - Watch and jewelry sales in the US for November were down 3.8 per cent year-on-year. October's figure, initially reported as a fall of 1.9 per cent, has since been revised down, based on actual through-the-till transactions rather than estimates, to 3.4 per cent, according to the latest figures from the Department of Commerce. Likewise September has been revised from a 1.3...Read More
(IDEX Online) - Underground mining for sapphires has resumed in Montana, USA, after four decades.The long-dormant Yogo Mine, close to the town of Utica, is being revived. And after two years of surface mining, operators Yogold USA are now going underground.They've dug a 3,000ft tunnel and are extracting up to 100 tons of ore today, in search of Yogo sapphires which range in color from deep co...Read More
(IDEX Online) - Sales of jewelry in Hong Kong fell last November, according to newly-released figures.Total retail sales fell year-on-year by 4.2 per cent. The figure for jewelry, watches, clocks, and valuable gifts was almost double that, at 8.3 per cent (The Census and Statistics Department does not provide a more detailed breakdown). Total sales were $372m.The sectors that fared worse were comm...Read More
(IDEX Online) - 2022 proved to be a year of highs and lows, as the Index hit its highest point in over a decade, then nose-dived to close the year down 7.5 per cent overall (from 142.86 in January to 132.15 in December).Even through the pandemic, aside from the very early months of 2020, the Index was climbing, and as lockdowns and travel restrictions were eased, it surged as never befor...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. Index futures moved lower following release of the U.S. November Trade report at 8:30 AM EST. Consensus was a deficit of $63.1 billion versus a deficit of $78.20 billion in October. Actual was a deficit of $61.5 billionConAgra added $0.95 to $39.60 after the company raised its outlook f...Read More
The U.K. no longer springs to mind as a mining giant, but we used to have a dominant role in the global industry. The extraction of non-ferrous metals on these islands, particularly copper and tin, dates back to before 2000 BC, and surface workings for coal and iron ore were widespread after the beginning of the Iron Age around 750 BC. This mineral wealth was one of the things that attracted the a...Read More
Looking back on the past two years since he took the reins as CEO of Dolly Varden Silver (TSXV: DV), Shawn Khunkhun points to a critical acquisition the company made in December 2021 as being the lynchpin to the company's recent exploration and fundraising success.The British Columbia-focused explorer has district-scale holdings, the Kitsault Valley project, in the southern leg of the province's s...Read More
Royal Gold (NASDAQ: RGLD) has further consolidated its royalty position at the world-class Cortez gold complex in Nevada, which has been operating since 1969 and produced roughly 27 million oz. of gold to date.On Thursday, the company announced it has acquired two portions of a gross smelter return royalty that together cover a 1,630-sq.-km area including the Cortez mine operation and the entirety...Read More
White Gold (TSXV: WGO; US-OTC: WHGOF) says drilling on its Ryan's Surprise target south of the historic Klondike gold rush territory in the Yukon bodes well for an initial resource estimate. The Toronto-based explorer backed by Agnico Eagle Mines (TSX: AEM, NYSE: AEM) and Kinross Gold (TSX: K, NYSE: KGC) spent $6 million last year on a diamond drilling program showing gold mineralization over...Read More
Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they align with its efforts to cut carbon emissions and keep global warming to 1.5 degrees Celsius.Shareholders including Europe's Legal and General Investment Management (LGIM) and HSBC Asset Management have filed a resolution demanding details on the m...Read More
Initial drilling results from CleanTech Lithium's (AIM: CTL) Laguna Verde project in northern Chile suggest it could become a major supplier of battery grade lithium to European and U.S. markets. The U.K.-based exploration and development company said in a news release Thursday that the results also show the economics of the project are "outstanding." CleanTech based its analysis on a model...Read More
In this interview pro mining investor David provides his commentary on the gold price and junior gold stock sector. David shares ...Read More
Howe Street, Released on 1/5/23*The interview begins at 01:07Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Jim Willie: Vaccines, De...Read More
Anthony Pompliano, Released on 1/5/23Dave Collum is a professor of chemistry at Cornell University. In this conversation, we talk Dave's year in review of 2022. The discussion includes Federal Reserve, macro economy, geopolitics, the war in Russia & Ukraine, US military, and the impact of FTX collapse.0:00 - Intro1:00 - Overview of Fed's Actions & Economy18:30 - Elon Musk & Twitter22:00 - Greatest...Read More
George Gammon, Released on 1/5/23George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the ag...Read More