Lake Resources (ASX: LKE) shares fell nearly 3% after short seller J Capital Research released a new report questioning the purported success of the lithium junior's direct lithium extraction (DLE) technology.According to J Capital analysts, the DLE technology the company is looking to use could be "dramatically" underperforming expectations. This technology is critical to making the lithium devel...Read More
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's top three drill assays come from North America. HighGold Mining's (TSXV: HIGH) Johnson Tract project in Alaska delivered the top intercept. Hole JT22-152 cut 120.5 metres grading 18.76 grams gold per tonne from...Read More
Drilling by Fortuna Silver Mines (TSX: FVI; NYSE: FSM) at its S?(C)gu?(C)la gold project in C??te d'Ivoire continues to reveal more exploration upside, with the company announcing on Monday an updated resource for the Sunbird deposit as well as the discovery of two regional prospects.Following the release of an initial resource for Sunbird earlier this year, exploration drilling has since resulted...Read More
Calgary-based Lithium Chile (CVE: LITH) has announced an updated resource for its Salar de Arizaro asset in Argentina that has increased overall lithium carbonate equivalent (LCE) tonnage by 81%.With the addition of a second production well at the project, total indicated resources are now 1.3 million tonnes of LCE at a grade of 284 mg per litre. Inferred resources add 1.2 million tonnes at a grad...Read More
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81.Leading value gainer for the week was Consol Energy, which closed US$6.73 higher at US$75.30. Despite coming down from recent highs, the stock is still rallying over 229% over the 12-month frame as its main product, thermal coal, achieved and remained in...Read More
The S&P/TSX Venture Composite Index ended the Nov. 29-Dec. 2 trading session at 599.20 points, up 23.56 points or 4.1% higher.?EUR? Topping the percentage gainers this week was Queensland Gold, which saw a dramatic 288% or 36 ? rise in its shares to 49 ? each. On Nov. 28, the explorer announced an agreement to acquire a 100% interest in the 86-sq.-km Mia lithium property in the James Bay area of...Read More
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell?EUR?could seek smaller interest rate hikes at the Fed's next meeting on Dec. 13-14. The rally faced resistance by week's end as high interest rates continue to worry market participants. The Bank of Canada is expected to raise interest ra...Read More
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims in the country between 2007 and 2018.The Swiss firm said the latest deal covers all activities that have been the subject of probes by the DRC's National Financial Intelligence Unit and Ministry of Justice, and the...Read More
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo lithium project in Minas Gerais, Brazil.The Vancouver-based miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, the largest hard rock...Read More
Colombian President Gustavo Petro proposed over the weekend a new reform to the country's mining code, which was initially issued in 2001. During a town hall held in the town of Dabeiba, in the northwestern Antioquia department, Petro said that an update is urgent because the current code allows for mining exploration to take place in areas that host important freshwater resources and agricultu...Read More
The Daily Gold, Released on 12/5/22In this video we focus on breadth analysis to assess some probabilities for the gold miners over the short and medium term. Gold not outperforming the stock market and the GDX advance decline line recent weakness argue that the rebound in gold stocks will pause or reverse course soon. The recent action in the advance decline line did not confirm GDX strength nor...Read More
MiningStockEducation.com, Released on 12/5/22In this interview pro gold stock investor David Erfle provides his commentary on recent gold price action, gold stocks and how he is managing his portfolio. He shares that he has recently gone from cash to full positioning in his portfolio stating: "I'm pretty confident we've seen a major bottom in this sector."David Erfle is a self-taught mining sector...Read More
Wall Street Silver - Twitter, Released on 12/5/22JUST IN: Chinese government is still welding apartment building gates to lock citizens inside. This was in Yushan city, Jiangxi province last night ?? ?,??? ?,??? ?,???"?sound ...???? pic.twitter.com/6pdmj2R0pU- Wall Street Silver (@WallStreetSilv) December 6, 2022 VIDEO: Chinese government is still welding apartment building gates to lock citizens...Read More
Information Liberation, Released on 12/5/22The FBI held "weekly meetings" with social media giants ahead of the 2020 election and sent inContinue... FBI Held 'Weekly Meetings' With Big Tech Ahead of 2020 Election, 'Sent Lists of URLs and Accounts' to be Censored added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
Institute for Political Economy, Released on 12/5/22Only the removal of the ruling elite could restore it. But the demonized people lack the confidence to save themselves. Continue... Paul Craig Roberts: The Death of Western Civilization added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
Daily Reckoning, Released on 12/5/22This slow-motion sequential collapse is far from over. It's just a matter of time before Continue... Rickards: It's a Conspiracy! added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 12/5/22The Bank of International Settlements (BIS) has warned in its latest quarterly report that there is $80 trillion Continue... Armstrong: $80 Trillion Derivatives Market added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
wtop news, Released on 12/5/22Economists and real estate industry leaders generally agree that the U.S. housing market has slowed and will continue to in 2023, but have Continue... 4 in 10 consumers expect housing market will crash, survey finds added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 12/5/22Monday saw another major escalation in the Ukraine war as Russian media reported that explosions rocked two air bases in Russia, suggesting Ukrainian forces could be seeking to launchContinue... Airbases Deep Inside Russia Rocked By Explosions In Major Escalation Of Ukraine War added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More
himanshu - Twitter, Released on 12/5/22What Central Banks know which we don't know?IMO, they all are preparing for currency wars.Get ready. pic.twitter.com/2cgiJ1EdUn- himanshu (@himansh36013599) December 5, 2022 What do central banks know right now that we don't? added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More