Predictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsThe Toronto-based S&P/TSX global mining index fell 4% to 113 on May 5 and 15% off its record...Read More
"With solid performance at Chelopech and Ada Tepe and a continued focus on cost management, we achieved an all-in sustaining cost of US$684 per ounce of gold sold, which is below the low end of our guidance range, and continued to generate significant free cash flow," Dundee's president and CEO David Rae said.Dundee's 2022 AISC guidance is $750-$890/oz. Chelopech is an underground gold-copper mine...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points in pre-opening trade. Index futures recovered slightly following release of the U.S. Employment report at 8:30 AM EDT. Non-farm Payrolls were expected to increase 400,000 versus a gain of 431,000 in March. Actual was 428,000. Unemployment Rate was expected to remain unchanged from March at 3.6%. Actual was un...Read More
Rejoice, in-person events are suddenly back, with Mines and Money, Indaba, PDAC and, of course, the Venice Biennale crowding our calendars. I expect most of you have already made plans to attend the glittering jewel that sits atop the contemporary art calendar every two years. La Biennale di Venezia was founded in 1893 by the Venetian City Council to celebrate the silver anniversary of King Umb...Read More
Shares of Green Battery Minerals (TSXV: GEM) rose to their highest price since mid-January as the company reported its initial assay results from 12 diamond drill holes completed in Zone 6 of its Berkwood graphite project in Quebec. Highlights from the drilling included 29.5 metres grading 27.39% graphite sampled from 28 metres in drill hole BK6-21-01 and 8.2 metres grading 15.51% graphite samp...Read More
Vale (NYSE: VALE), the world's top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs) icon with nickel mined in Canada.Confirming markets rumours, the miner said the supply contract fit in its plans to deliver 30% to 40% of Class 1 nickel sales into the fast-growing EV industry.The Rio d...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) surprised markets on Friday by announcing that two of its top suite executives were leaving the company for personal reasons.Chief financial officer Anna Ladd-Kruger will retire to focus on her health and family, the company said. She will depart after reporting is complete and an "orderly transition" is in place.Perry Y. Ing, former McEwen CFO who had the same...Read More
Enduring Covid-19-linked lockdowns in the world's largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report by Fitch Solution Country Risk & Industry Research notes.Nevertheless, market analysts at Fitch maintain their 2022 metal price forecasts as prices generally remain above levels see...Read More
Liberty and Finance, Released on 5/6/22The US Dollar Index hit a 20-year high this week, the Nasdaq fell 5% in one day, and precious metals continued to fall. "Something is broken," says trader Gareth Soloway. The market movements we're seeing could mean catastrophe in the near future. The Dollar strength could lead to a recession, he says.0:00 Intro1:06 Volatility4:48 USD Index7:28 Dollar Index10...Read More
King World News, Released on 5/6/22Continue...James Turk has specialized in international banking, finance and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics. His career began at Chase Manhattan Bank (now JPMorgan Chase & Co.), which included assignments in Thailand, the Philippines and Hong Kong. He subsequently joined the inve...Read More
Zero Hedge, Released on 5/6/22Multiple analysts at Chinese state-linked think tanks and banks have weighed in on the Biden administration's recent threats to punish the world's second-largest Continue... China Has 'Financial Nuclear Bombs' If West Levies Russia-Style Sanctions, Beijing Warns added by Herman James on 05/07/2022View all posts by Herman James ?+'Read More
Ron Paul Liberty Report, Released on 5/6/22Government spending is through the roof. A few trillion for "Covid," a few tens of billions for "Ukraine" and a massive military budget. Americans are feeling inflation every time they go to the gas station, the grocery store, anywhere. US actions overseas threaten the dollar as the world's reserve currency. In these treacherous times, what can we do? Bir...Read More
Daily Star, Released on 5/6/22The crisp, high-resolution photo taken from a light aircraft flying over the jungles of Costa Rica, shows what appears to be a metallic disc flying beneath the planeContinue... 'Best photo of UFO ever taken' released by researchers added by Herman James on 05/08/2022View all posts by Herman James ?+'Read More
Contra Corner (via Dollar Collapse), Released on 5/6/22The 10-year UST yield has crossed the 3% mark. So you'd think this was a sign that a modicum of rationality is Continue... David Stockman: The Fed is not fixing the problem added by Herman James on 05/08/2022View all posts by Herman James ?+'Read More
Kitco, Released on 5/6/22The gold price tested support at $1850 on Tuesday.Continue... Gold holding key support during panic selling event in stocks added by Herman James on 05/08/2022View all posts by Herman James ?+'Read More
CNBC, Released on 5/6/22David Rosenberg, Rosenberg Research president, chief economist and strategist, joins 'Power Lunch' to discuss what he thinks about April's jobs report, how the markets will react to ongoing news from the Federal Reserve and more. David Rosenberg is the chief economist & strategist of Rosenberg Research & Associates, an economic consulting firm he established in January 2020...Read More
Project Veritas, Released on 5/6/22Donate: https://www.projectveritas.com/donateGet emails: https://confirmsubscription.com/h/j/E...James O'Keefe chases twitter propagandist through the streets of NYC added by Herman James on 05/08/2022View all posts by Herman James ?+'Read More
Let me be clear about something...What we are currently witnessing is the greatest military buildup - the largest global arms race in the history of the world.Globally, total military spending reached more than $2 trillion for the first time in 2021, according to an April report from the Stockholm International Peace Research Institute."Even amid the economic fallout of the COVID-19 pandemic, worl...Read More
How long will we live in this state of denial? I don't mean you. I mean most people. Yes, people are grumbling about high gas and food prices, But we are not yet at the panic stage. For goodness' sake, the president of the United States warned about coming food shortages. If he had any credibility at all, there would have been a run on grocery stores.This didn't happen for three reasons.First, peo...Read More