Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThree factors have lifted gold from its July 21 low of $1683/oz. Safe haven buying. A belief that inflation has peaked in the U.S.Read More
RAPAPORT... Richemont chairman Johann Rupert has urged shareholders to vote against an investor's proposal to appoint a former LVMH executive to the group's board.Bluebell Capital Partners has called for the selection of its cofounder Francesco Trapani as representative of Richemont's class "A" shareholders on the board. Category "A" shares have higher financial value but give holders fewer v...Read More
(IDEX Online) - Income tax officials in India posed as a 250-strong wedding party in a series of raids that netted undeclared gold, diamonds and cash worth $49m.The Income Tax department (IT) used 120 vehicles in the operation, decked out for a baarati, or the wedding procession that accompanies a bridegroom to the venue.They raided premises, warehouses, and farmhouses linked to two steel, clothin...Read More
(IDEX Online) - Customs officer in the US seized three shipments of counterfeit jewelry and watches from Hong Kong which would have been worth $6.88m if genuine. The first shipment had a declared value of $319, but contained 275 assorted Cartier Love bracelets, with retail prices, if genuine, totaling $3.27m. It was addressed to a private residence in Richmond, Virginia, but was inte...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltd"Similar to 2021, daily gold production at the Eagle Mine has increased substantially over the 2022 spring season. This is expected to r...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade.The Canadian Dollar dropped $0.80 to US 77.43 cents following overnight strength in the U.S DollarEnergy equity prices are expected to open lower after the price of crude oil dropped $4.61 to US$87.48 per barrel.Dillard's added $2.82 to $304.41 after JP Morgan raised its target price fro...Read More
Volcanogenic massive sulphide (VMS) deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps worldwide.However, the three historically identified VMS camps in Mexico are seeing renewed exploration interest following decades of relative disinterest by miners.In Mexico, three VMS districts have been ident...Read More
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) has scored a small, but key win in the long-dragged permitting process for its Florence copper project in Arizona as the U.S. Environmental Protection Agency (EPA) has issued a draft underground injection control (UIC) licence for the asset."The UIC permit is the final key permit required for the construction and operation of the Florence copper comm...Read More
The Dow Jones Industrial Average gained 957.58 points or 2.92%, to 33,761.05, and the S&P 500 climbed 134.96 points or 0.77% over the week to 4,280.15.The trading week's top gainer in value was Arch Resources, whose shares are in high demand as the global energy crisis deepens on the back of Russia's war on Ukraine. The miner reported late last month record net income, leading to the declaration o...Read More
Over the Aug. 8-12 trading period, the S&P/ TSX Composite Index gained 559.68 points or 2.85%, to 20,179.81. The S&P/TSX Global Mining Index added 2.33 points or 2.51% to 95.05, and the S&P/TSX Global Base Metals Index advanced by 9.13 points or 5.86% to 164.92. The S&P/TSX Global Gold Index gained 6.94 points or 2.89% to 247.11, and spot gold ended the week at US$18.85 per oz. higher, or 1.06%, a...Read More
The S&P/TSX Venture Composite Index edged up 2.5% or 16.32 points higher over the Aug. 8-12 trading session to end the week at 680.49. Toronto-based graphite junior Gratomic gained 122.2%, or 27 ?, to close at 60 ? per share. The company holds the Aukum vein graphite project in southern Namibia, which was mined periodically between 1940 and the mid-1970s. On Aug. 9, Gratomic announced the start...Read More
Junior Giga Metals (TSXV: GIGA) and global trading and investment firm Mitsubishi Corp. agreed on Monday to form a joint venture company, Hard Creek Nickel Corp., to develop the Turnagain nickel-cobalt deposit in northern British Columbia.As part of the deal, Mitsubishi will acquire a 15% equity interest in the joint venture firm for $8 million in cash. Giga will receive an 85% equity interest in...Read More
Our weekly TNM Drill Down feature focuses on the top gold assays of the past week. Assays are ranked by gold grade x width, as identified by our sister company Mining Intelligence.Top gold assays Aug 4-12, as identified by Mining Intelligence.This week's best gold drill intercept comes from Tudor Gold's (TSXV: TUD) Treaty Creek property in British Columbia.On Aug. 11, Tudor announced it had re-ent...Read More
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has rejected majority shareholder Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) bid to buy the 49% stake it doesn't already own in the company for US$2.7 billion, saying it did not reflect its full and fair value.The decision by the special committee appointed by Turquoise Hill blocks Rio Tinto's efforts to gain greater control of the giant Oyu Tolgoi c...Read More
We spoke with Greg Pendura, who is President, CEO and Chairman of Mineworx Technologies Ltd. (TSXV: MWX, OTCQB: MWXRF, FSE: YRS, WKN: A2DSW3), a Company that created a new environmentally friendly, proprietary processing technology, unlocking the massive opportunity, in the extraction of palladium and platinum from diesel catalytic converters. For the first part of 2022 Mineworx has been busy comp...Read More
New York Post, Released on 8/15/22This change has far-reaching implications. One is that it will be used to keep parents in the dark on everything from curricular material to the fact that a child is socially transitioning at school.Continue... Biden's new Title IX rules deputize teachers to override parents on gender identity added by Herman James on 08/16/2022View all posts by Herman James ?+'Read More
Midland Daily News, Released on 8/15/22According to a report by National Insurance Crime Bureau, data nationwide show a skyrocketing Continue... Skyrocketing increase in catalytic converter thefts tied to precious metal value added by Herman James on 08/16/2022View all posts by Herman James ?+'Read More
Zoon Politikon, Released on 8/15/22Jim 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: Raids Will Reveal The Return Of The Co...Read More
The Free Thought Project, Released on 8/15/22Earlier this month, Asa had her first experience with the state's iron fist when she set up her stand at her father's business downtown. Everything was cleared with the property owner Continue... Cops Shut Down 8-Year-old Girl's Lemonade Stand to Protect Society from Unlicensed Lemonade added by Herman James on 08/17/2022View all posts by Herman James ?...Read More
The war in Ukraine has dragged on for six months and will likely last for many more months or possibly years if the U.S. doesn't end its policy of "fighting to the last Ukrainian."Attention spans have waned. Americans have adjusted to the energy price shocks (in fact, energy prices have come down a lot in the past month). Complacency about the war has set in.But that's a huge mistake.In reality, t...Read More