Gold Fields Limited (NYSE: GFI; JSE: GFI) says higher-than-expected inflation levels have started eroding the contingency built into the US$860 million capital expenditure (capex) budget for its 100%-owned Salares Norte development project in Chile.CEO Chris Griffith said in Gold Fields's March-quarter production report on May 5 that the cost overrun could hit up to 7% compared with the company's...Read More
Endeavour Mining (TSX: EDV; LSE: EDV) has pulled the trigger on building a recyanidation circuit at its cornerstone Ity operation in C??te d'Ivoire earlier than expected as it seeks to optimize the operation.The US$41 million investment has been moved forward given that the operation is producing excess cash flow in the high gold price environment. With strong operational performance and a cautiou...Read More
Howe Street, Released on 5/5/22*The interview begins at 00:55Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Jim Willie: Death Shots,...Read More
Libs of Tik Tok, Released on 5/5/22https://t.co/pv6fs2bnnI- Libs of TikTok (@libsoftiktok) May 5, 2022 Why isn't the baby formula shortage in America the biggest news story? added by Herman James on 05/06/2022View all posts by Herman James ?+'Read More
Otavio (Tavi) Costa - Twitter, Released on 5/5/22Corporate bonds now falling as much as they did in the March 2020 crash.Back then, the Fed was forced to step in.This time, all we hear is the opposite.If this decline continues, either the tightening cycle will need to be reversed or we're about to see some real issues. pic.twitter.com/E9LmgC4X6V- Otavio (Tavi) Costa (@TaviCosta) May 5, 2022 Ta...Read More
Gold Telegraph - Twitter, Released on 5/5/22Turkey's inflation hits a two-decade high of 70%In early 2022... Turkey tried to encourage citizens to convert around 5,000 tons of #gold savings at home worth $250-350 billion into the financial system. Gold has protected millions of people in Turkey. ???????? pic.twitter.com/rNgIcTz9mk- Gold Telegraph ??? (@GoldTelegraph_) May 5, 2022 Gold has prot...Read More
Clown World Today, Released on 5/5/22??????OE? Twitter marks FDA announcement as misinformation pic.twitter.com/N7OMQ5TjQ3- Clown World Today ??????OE? (@cwt_news) May 5, 2022 Twitter marks FDA's blood clot risk announcement for J&J vaccine as misinformation added by Herman James on 05/07/2022View all posts by Herman James ?+'Read More
Erich Hartman - Twitter, Released on 5/5/22Absolute and total ass covering bullshit from Bill Gates. We KNEW the IFR from COVID was low, and we KNEW it targeted the elderly in early Spring 2020. We cannot let these people pretend like this is new. They broke the world, and must be held accountable. pic.twitter.com/dansp5Db1d- Erich Hartmann (@erichhartmann) May 6, 2022 Bill Gates lies through his...Read More
3%. That's the first take.That's the cost so far, it seems. That's what spiking the economy with the pandemic stimulus - stimuli? - seems to mean for inflation we're seeing today.I'm hesitant to even mention it. We're still dealing with the fallout from the most unprecedented expansion of money in ALL of our lifetimes. This will echo for many years to come.Yet we're far enough away from the stimul...Read More
Anyone paying close attention could have seen this ahead of time. The supposedly massive crackdown on inflation, with the unleashing of the hawks, turned into a nonevent. Rates are now in historically low territory, once you factor inflation, which is running at 11% according to real-time data.That means that the Fed has done almost nothing so far.Fed chairman Jerome Powell said as much in his pos...Read More
Equinox Gold is a growth-focused Canadian mining company operating entirely in the Americas, with seven operating gold mines ...Read More
Endeavour CEO, Sebastien de Montessus, summarises the Company's strong Q1-2022 results For more information on today's ...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES1844 Resources Inc. (TSX-V:EFF) (theRead full newsRead More
More on this story: https://summit.news/2022/05/03/major-slave-owner-vibesPHOTO: Unmasked Hillary Clinton Being Attended To By Masked Black Servant added by Herman James on 05/03/2022View all posts by Herman James ?+'Read More
Ken Norquay notes that small investors can move in and out of markets without disturbing a thing. Large investors can't. Our plans should take this into account.Today the press is highlighting the Russian invasion of the Ukraine. Last month it was convoys of protesting truckers and the prime minister's declaration of an emergency. Maybe next month it will be China invading Taiwan. Or the FED raisi...Read More
US Senator Martin Heinrich, a member of the Senate Energy and Natural Resources Committee, has introduced the Clean Energy Minerals Reform Act.Read More
Share this articleVANCOUVER - Iamgold Corp [IMG-TSX, IAG-NYSE] is facing a sharp rise in the estimated completion costs at its Cote gold construction project, which is located north of Sudbury OntarioThe warning is contained in the company's financial and operating results for the first quarter of 2022, which were released after the close of trading on May 3, 2022. Iamgold also said its current Ch...Read More
We spoke with Simon Delander, who is Vice President of Sustainability for Federation Mining, an Australian incorporated company, established by experienced Australian underground mining engineers Mark Le Messurier & Jim Askew, with the purpose of building a new gold/copper mining company. Federation Mining has signed an Agreement, with leading gold miner OceanaGold, for the future development of S...Read More
Call it a very unfortunate case of being misheard.Just around nine months ago, we talked about why 2022 was shaping up to be a bullish year. I even offered my top oil stock.You know the one. It's the must-own company sitting in your portfolio that was ready to blossom. Maybe it's a stock that had its ups and downs in a weak market price environment. Perhaps a buying opportunity opened up that yo...Read More