"Seeking to establish a tax on mining surplus profits is done in a context in which mining companies receive income outside of what they do in a context in which mining companies are economicallyRead More
Non-binding terms have been agreed with the firm's senior lender, KfW IPEX-Bank , its working capital provider Concord Resources, its largest shareholder Pala Investments, shareholder Mercuria EnergyRead More
Firms led by Brazil's Vale, commodities firm Glencore, BHP, Antofagasta, First Quantum Minerals and Freeport McMoRan have reduced their copper production guidance for financial year 2022 by an averageRead More
The California Air Resources Board (CARB) decision on the Advanced Clean Cars II rule mandates vehicle manufacturers meet a target of 35% of all new vehicle sales in the state be zero-emission byRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade.Index futures were virtually unchanged following release of core July PCE Price Index at 8:30 AM EDT. Consensus on a year-over-year basis was unchanged at 4.8%. Actual was 4.6%.Investors are waiting for a speech from Fed Chairman Powell at 10:00 AM EDT Workday advanced $19.39 to $181.75 a...Read More
End Wokeness - Twitter, Released on 8/26/22Don't you love science? pic.twitter.com/kCsFTYzLn5- End Wokeness (@EndWokeness) August 26, 2022 Don't you love science? added by Herman James on 08/27/2022View all posts by Herman James ?+'Read More
Breitbart, Released on 8/26/22"I can't give you that off the top of my head," White House director of domestic policy Susan Rice said Wednesday during the daily Continue... White House Plays Dumb on Estimated $500 Billion Cost of Canceling Student Debt added by Herman James on 08/27/2022View all posts by Herman James ?+'Read More
Gregory Weldon, Released on 8/26/22Gregory Weldon is CEO of Weldon Financial and Editor of the influential newsletters "Weldon's Money Monitor," the "Commodity and Currency Monitor," the" Metal Monitor," and the "ETF Playbook." He launched these macro-market publications, covering supply-demand fundamentals, along with technical, intermarket, and psychological insights, after building a successful...Read More
Liberty and Finance, Released on 8/26/22The U.S. dollar is rallying to multi-decade highs, but momentum analyst Michael Oliver expects a sharp reversal soon. If the dollar crashes, he expects gold will snap higher. Silver will follow, with an even more dramatic move to the upside, he forecasts.0:00 Intro1:35 Dollar crash12:06 Gold bottom?14:46 Jackson Hole18:39 Silver & miners20:32 Oliver MSA22:03...Read More
The Daily Gold, Released on 8/26/22Friday was a rough day to end what was otherwise an okay week for Gold and Silver. Fed Chair Jerome Powell's hawkish comments hit all markets but most notably, did not raise rate hike expectations in the bond market. Friday was a rough day but the positive was Gold lost only 1.2% as the S&P 500 lost 3.4%. Also, for the week the S&P 500 lost 4% while Gold lost les...Read More
Nick Freitas - Twitter, Released on 8/26/22Ford just hiked the cost of their electric Mustang by over $8,000.That's what happens when governments subsidize demand. You get a $7,500 tax credit to buy an EV and the cost of the EV goes up by $8,000.- Nick Freitas (@NickForVA) August 26, 2022 This is what happens when governments subsidize demand... added by Herman James on 08/28/2022View all posts by...Read More
The Moscow Times, Released on 8/26/22Russia has significantly ramped up gold exports to China as Western governments Continue... Russia redirects gold exports to China with 30% discount added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
SD Bullion, Released on 8/26/22Putin Wants His Own Gold Price Discovery - Moscow World Standard added by Herman James on 08/28/2022View all posts by Herman James ?+'Read More
Vancouver-based American Pacific Mining (CSE: USGD; US-OTCQX: USGDF) has announced the acquisition of Constantine Metal Resources (TSXV: CEM) and its Palmer zinc-copper-gold-silver volcanic massive sulphide project north of Haines in Alaska.The transaction provides American Pacific with a second, advanced-stage asset under an active joint venture exploration agreement with a much deeper-pocketed p...Read More
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift towards restarting idled reactors.On Aug. 24, Prime Minister Fumio Kishida announced that Japan would restart more suspended nuclear power plants and look at developing next-generation reactors. This represents a signif...Read More
Rio Tinto (NYSE: RIO, ASX: RIO) announced Friday it is investing $35 million to build a new aluminum recycling facility at its Arvida Plant in Saguenay-Lac-Saint-Jean, Que.The investment will expand its offering of low-carbon aluminum solutions for customers in the automotive, packaging and construction markets and the facility will make Rio Tinto the first primary aluminum producer in North Ameri...Read More
Nevada Copper (TSX: NCU; US-OTC: NEVDF) plans to restart and ramp up its Pumpkin Hollow underground mine in Nevada and has agreed to non-binding terms with lenders for up to US$93 million. The restart plan involves de-bottlenecking and completing critical capital projects and building up stope ore inventory in order to achieve a more efficient ramp up once the mill restarts, as well as reducing c...Read More
Four months after closing the acquisition of Canada's Noront Resources and its Eagle's Nest project in Ontario's Ring of Fire, one of the world's largest undeveloped high-grade nickel sulphide deposits, privately held Wyloo Metals is investing A$150 million in Hastings Technology Metals (ASX: HAS), a rare earths developer in Australia.Hastings Technology, which hopes to become the world's next pro...Read More
Sometimes, when everything is down, the best thing you can do is start locking in income plays. This is because low share prices equal high yields that pay out regardless of what the market is doing. Then when things eventually come back up, you can cash in on the capital gains - or you can just keep collecting at the same high yield you bought in at. So right now, with the S&P 500 down 13% fro...Read More
LONDON, 26 August 2022 - Comment from BullionVault features today in the latest gold-price report from leading US financial news-site MarketWatch.Following US central-bank chief Jerome Powell's speech at the annual Jackson Hole symposium, "Gold initially fell hard," MarketWatch quotes BullionVault director of research Adrian Ash."[But] gold had been mirroring the Dollar this week ahead of today's...Read More