Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDPresident Laurentino Cortizo called an Extraordinary State Cabinet meeting after talks with First Quantum ended without an agreement being reached.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 36 points in pre-opening trade.U.S. Steel advanced $0.63 to $24.27 after raising guidance for fourth quarter revenues and earnings. Steel Dynamics added $0.28 to $102.20 after predicting an increase in hot rolled steel prices in 2023.Exact Science jumped $11.34 to $55.95 after its colorectal cancer treatment results w...Read More
North America's oldest silver miner, Hecla Mining (NYSE: HL), is set to consolidate its position as the continent's primary silver leader. It is working to increase U.S. output by 20% and to become the most prominent Canadian silver producer by year-end.The 130-year-old company's CEO, Phil Baker, told the recent Canadian Mining Symposium in London that the 1.2 billion oz. silver market is growing...Read More
Robex Resources (TSXV: RBX) was set to restart operations at its Nampala gold mine in Mali after a trespasser was killed on Thursday and work was halted temporarily, the company said. A crowd of artisanal miners intruded onto the open-pit site in the West African country's south and encountered security, the company said in a news release. One other person was injured in the incident, Robex said...Read More
For years, Brazil was overlooked as a favourable mining jurisdiction within South America. But what's recently become apparent is that times are changing. The countries that were once deemed as go-to options are now experiencing civil unrest and political instability. While these countries no longer attract the investment dollars they once did, Brazil is emerging as a mining destination of choice....Read More
EnCore Energy (TSXV: EU; OTCQB: ENCUF) has won a court challenge to its US$32 million Dewey-Burdock uranium project in South Dakota. The Oglala Sioux Tribe and watchdog group Aligning for Responsible Mining wanted a United States appeals court to review its decision in August approving the Nuclear Regulatory Commission's (NRC) licence for enCore to mine uranium at the project about 150 km south...Read More
Rio Tinto (NYSE: RIO; LON: RIO; ASX: RIO) is now the majority owner of the giant Oyu Tolgoi copper-gold mine in Mongolia, as it has completed its US$3.3 billion buyout of Canadian miner Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ).Shareholders of the Montreal-based company approved on Monday the deal that gives Rio Tinto control over the world's largest known copper and gold deposit, with a 66%...Read More
Panama's government has ordered First Quantum Minerals (TSX: FM) to halt operations at its Cobre Panama copper mine after it failed to agree terms for a new contract with the Canadian miner.The move, unusual among Latin American countries, came after First Quantum missed a Wednesday night deadline to ink a new royalty deal that has been in the works since September 2021.The miner said on Friday...Read More
Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece.The proposed mine, which has reserves of 3.7 million oz. of gold and 1.7 billion lb. of copper, was halted from 2017 to 2021 due to government delays in issuing permits and community opposition.After inkin...Read More
The latest inflation news was glorious, they said. The whole media told us so!It's easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and stop trying to save money.Inflation is all but done! It's pretty interesting because they have been saying this fo...Read More
Pento Portfolio Strategies, Released on 12/16/22The monetary fuel from the government has been spent, and there is no Continue... Michael Pento: Fiscal and Monetary Policy Shocks added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More
LONDON, 16 December 2022 - Analysis and comment from BullionVault features today in an in-depth article about the recent surge of central-bank gold demand published by German financial newspaper Handelsblatt."Gold experts such as Adrian Ash of the online gold provider BullionVault [believe] the fact that China immediately made its gold purchases public could be a sign that the PBoC wants the world...Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
On December 9, the U.S. military made major headway in its effort to catch Russia and China, who have long outpaced us in cutting -dge weapons development. Indeed, while our two main geopolitical adversaries have already deployed hypersonic weapons - missiles that travel more than five times the speed of sound - the Pentagon has been trapped in the testing phase. Until now, it seems. Because la...Read More
Gainesville Coins (via Zero Hedge), Released on 12/16/22Knowledge of this pattern is imperative to understanding the gold market and the price of gold.Continue... Gold Trade Between East And West Follows 90 Year-Old Pattern added by Herman James on 12/25/2022View all posts by Herman James ?+'Read More
LONDON, 16 December 2022 - BullionVault's director of research is quoted at length today in a report on gold's turbulent week and year published on MSN, the news-site from tech giant Microsoft.While interest rates have surged with the Dollar, "reducing the appeal for gold," says Adrian Ash in the article - first posted at MarketWatch - "this year's resilience in bullion prices makes a stark contra...Read More
Gold defied anotherhawkish Fed decision this week, consolidating high in its immediate wake. That was an impressive show of strength,after this extreme Fed tightening cycle hammered gold for a half-year or so. That strong performance reflects gold-futuresspeculators’ weakening resolve to keep shorting. With their long-side selling exhausted, they havemassive mean-reversion...Read More
"COP15: Rich countries announce alliance to make mineral mining green" New Scientist December 13, 2022 https://rb.gy/q28wwn ...Read More
CEO.CA caught up with Ellerton Castor, CEO of Canada Carbon Inc. (TSXV: CCB) , to discuss their two major projects, recent deal ...Read More
Rick Rule gave me his opinion on the state of the uranium market, as well as the value of the uranium stocks. He told me that, out ...Read More