Glencore has a corporate goal to be net zero by 2050. In its 2019 baseline year, the company emitted 373Mt of CO2 equivalent. It targets a 15% reduction by 2026 and 50% by 2035.Read More
Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDWith steel consumers such as automakers looking to reduce their...Read More
A day that will live in infamy...Do we refer to Dec. 23, 1913 - the date Mr. Wilson signed the Federal Reserve Act into law?Or Aug. 15, 1971... the date old Nixon banged shut the gold window?Or perhaps even Jan. 20, 2021, the date when the most popular and beloved president in history vacated the White House?No. We refer of course to Dec. 7, 1941 - 81 years ago today - when naval and air forces of...Read More
The Young Mining Professionals Scholarship Fund (YMPSF) has this year awarded $210,000 to 44 students pursuing mining-related programs at post-secondary institutions across Canada. "This year, 2022, is the fifth year of the program, which Iamgold and Orefinders Resources started in 2018 with $12,000 in scholarships awarded to candidates," said Anthony Moreau, director of the YMP Scholarship Fun...Read More
Galway Metals (TSXV: GWM; US-OTC: GAYMF) is suspending drilling temporarily at its flagship Clarence Stream gold project in New Brunswick and also at its Estrades polymetallic project in Quebec due to "prevailingly weak market conditions for exploration companies," and said it is making the move to "conserve capital".The decision follows Galway's decision to cut its fleet of drills at Clarence Str...Read More
West African Resources (ASX: WAF) acquired 90% of the Kiaka gold project in Burkina Faso from B2Gold (TSX: BTO; NYSE-AM: BTG) in November 2021 and says it plans to start major works in early 2023 with the first gold pour forecast for 2025.Once in production, Kiaka will be the Australian company's second gold mine, after pouring first gold at its Sanbrado gold mine, 90 km east-southeast of the capi...Read More
Ring of Fire Metals (formerly Noront Resources) and Webequie First Nation have signed a memorandum of understanding (MOU) outlining a framework for collaboration on proposed development in northern Ontario.Wyloo Metals earlier in the year acquired Noront Resources and its mining assets in Ontario's emerging metals camp known as the Ring of Fire, and chose Ring of Fire Metals as the new name for...Read More
Infill drilling from the underground portion of the El Domo volcanogenic massive sulphide deposit in central Ecuador returned 9.46 metres of 7.49% copper, 2.37 grams gold per tonne, 2.93% zinc, 75.4 grams silver and 0.01% for a copper-equivalent grade of 8.83%, owners Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) reported Wednesday.The deposit, part o...Read More
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has announced assay results from the Kabaya KB3 target on its Kandiol?(C) gold project in Mali, 400 km from the country's capital of Bamako and 25 km east of B2Gold's (TSX: BTO; NYSE: BTG) Fekola mine.The results span 18 holes totaling 2,220 metres and highlights include hole RCDBS22?EUR?0119, which intersected 3.09 grams gold per tonne over 12 metres from 11...Read More
"Challenging market conditions" have forced Trafigura to put its Auby smelter in France on care and maintenance.Netherlands-based Nyrstar, which is majority owned by Trafigura, reported the closure on Dec. 6, but did not elaborate on the decision or disclose when the smelter might restart.The facility, located in the town of Auby, 35 km south of the city of Lille, is a mid-scale electrolytic zinc...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has sold 11 million common shares in Solaris Resources (TSX: SLS) for aggregate gross proceeds of $70.4 million, cutting its ownership to less than 10% of the Ecuador-focused junior explorer's issued and common outstanding shares.Equinox had previously owned 15.545 million common shares and warrants, entitling it to purchase 7.5 million common shares represent...Read More
US fertilizer producer Mosaic (NYSE: MOS) has temporarily cut production at its Colonsay potash mine in Saskatchewan, Canada, due to slower-than-expected demand.Prior to the curtailment, Colonsay had been operating at a yearly run rate of 1.3 million tonnes and Mosaic had plans to expand output to between 1.8 million and 2 million tonnes by late 2023.The company's move contrasts with the position...Read More
Daily Caller, Released on 12/7/22Twitter set up a portal for government officials and "stakeholders" to submit posts that allegedly containedContinue... Here's How The CDC Used A Secret Backchannel With Twitter To Control The COVID-19 Narrative added by Herman James on 12/09/2022View all posts by Herman James ?+'Read More
Daily Caller, Released on 12/7/22The Biden administration on Wednesday announced a new proposed rule that will prevent new or newly renovated federal buildings from being powered by fossil fuels by 2030.Continue... Biden to ban fossil fuel energy use in new Federal buildings added by Herman James on 12/09/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 12/7/22There has been a surge in credit card usage by US households, a troubling sign suggesting that in lieu Continue... Credit Card Debt Hits All-Time High Just As US Savings Rate Plummets To 17-Year Low Due To Soaring Prices added by Herman James on 12/09/2022View all posts by Herman James ?+'Read More
Gainesville Coins, Released on 12/7/22Here are the ins and outs of the IRS regulations on gold and the Continue... Taxes On Gold: All Your Questions Answered added by Herman James on 12/11/2022View all posts by Herman James ?+'Read More
As a writer, you don't always get to write exactly what you want.Of course you can't write everything on your mind, just like you can't say everything on your mind out loud, but writers are often compelled in some way (either with the carrot or the stick) to write something they wouldn't have come up with by themselves.That was the case in 1950 when American composers Jay Livingston and Ray Evans...Read More
The invalidations of breakouts andbreakdowns are strong signals in the opposite direction, and we just saw themthroughout the market – also in gold. The gold price has recently invalidated its small breakout above the 38.2% Fibonacciretracement level, which is a strong bearish sign. If it was just gold where wesaw this kind of performance, we could say it was by chance.However, since we saw...Read More
Professional Trader Gareth Soloway of InTheMoneyStocks.com shares his outlook for 2023 and where he expects to find the best ...Read More
Michael Oliver, with a background in finance, shares his latest views on the precious metals markets and other key markets and ...Read More