West Africa an improved opportunitySPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Anglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining He's back in the spotlight after his technology and battery minerals investment vehicle Vision Blue Resou...Read More
RAPAPORT PRESS RELEASE, April 5, 2022, Las Vegas... Diamond market sentiment weakened in March as concerns rose about Russian sanctions, US inflation and China's Covid-19 restrictions. Prices softened, particularly for goods below 0.30 carats. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds rose 0.5% in March and 13.5% through the first quarter. The index for 0.30-carat goods fell 3.9% du...Read More
(IDEX Online) - Swiss watchmakers may have to produce more subdued designs as a result of sanctions on Russia, a key supplier of diamonds, gold, platinum and other precious metals.Jon Cox, an industry analyst with the Kepler Cheuvreux financial services company, said concerns over raw materials would inevitably drive up prices."I imagine product development will move to more subdued luxury goods",...Read More
(IDEX Online) - Petra could axe 150 miners' jobs at its Koffiefontein mine, in South Africa, say union leaders.The National Union of Mineworkers (NUM) says it is "deeply angered" by the move.Mosepedi Sanane, regional secretary for the Kimberley area, said: "We believe there are other avenues that could have been looked at before going through this process which are going to see our members an...Read More
The agreement could mark the end of a near year-long dispute between the Central Asian state and Centerra.Read More
"The company has received the required materials to restart operations and continues to investigate any and all options at its disposal to access the materials required on a timely manner," Orvana said. The company is reviewing the impact the stoppage had on the operations and intends to provide a more comprehensive update as part of the second-quarter reporting process. The 100% Orvana-...Read More
"The final connections and test runs [which are] soon to be completed prepares us for full operation this quarter. El Penon output will be well timed to leverage the current strong metals price environment," president and CEO Alastair McIntyre said. The company noted that a total of 1,440 tonnes will be moved to the new processing site over a two-week period. To date, 400t had been received a...Read More
Base metals prices on the London Metal Exchange were mainly firmer on the morning of Tuesday April 5, but trading was light with China on holiday.* Market now focused on the next round of sanctions against Russia and whether they will include a ban on importing Russian oil* Firmer metals prices underpinned by higher energy prices and concerns about shortagesBase metalsThree-month base metals price...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade. Index futures were virtually unchanged following release of the February U.S. Trade Deficit at 8:30 AM EDT. Consensus was $88.50 billion versus $89.70 billion in January. Actual was $89.20 billion.The Canadian Dollar was virtually unchanged at US80.35 cents following release of Canada's...Read More
According to an independent study, the CK Gold Project is estimated to create 324 long-term direct jobs and up to 1,024 local jobs throughout the region as a result of estimating the greater effect of the direct investment in the proposed developmentTotal taxes generated during the construction, operation, and closure phases of the project over 13 years were estimated at $75 million in the studyC...Read More
Chengxin Lithium, a Chinese public company, will increase its stake in Lithium Chile (TSXV: LITH; US-OTC: LTMCF) to 19.86%, up from 5%, as the Calgary-based miner plans to complete a private placement of 29.3 million shares for $27.9 million. The Chinese company will also be able to nominate two directors at the board of Lithium Chile. Chengxin has also agreed to help the company in exploration a...Read More
Shares of Grid Metals (TSXV: GRDM; US-OTC: MSMGF) witnessed a 16% increase after the company released results from two out of 11 holes it has drilled on the Northwest Dyke at its Donner Lake lithium property in southeastern Manitoba. The results, which came from the first drillholes to be conducted on the Northwest Dyke since 1955, included 13.8 metres grading 1.53% lithium oxide (Li2O) startin...Read More
As it works towards a 2023 prefeasibility study for its Val-d'Or East gold project in Quebec, Probe Metals (TSXV: PRB; US-OTC: PROBF) has announced the last set of results from its 34-hole drill program conducted last year at the Monique gold project on the property. Highlights from the 29 drill holes completed as part of the expansion drill program about 500 metres southeast of the past-producin...Read More
This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the inner mechanics of the gold market and the various methodologies that can be used to estimate the size of a country's gold reserves. He also shares his surprising views on Russia's gold holdings, how sanctions may impact the global economy, as well as his outlook on precious...Read More
Albemarle (NYSE: ALB) and its partner Mineral Resources (ASX: MIN) will speed up the restart of production at their jointly owned Wodgina lithium mine in Australia to respond to "unprecedented" demand for the battery metal.The companies, which modified in February their ownership of Wodgina to make it a 50-50 split, now expect first spodumene concentrate production from Train 1 operations in M...Read More
Kinross Gold (TSX:G; NYSE:KGC) is selling its Russian assets to Highland Gold Mining for a total of US$680 million in cash, the Canadian miner said on Tuesday, a month after suspending its operations in the country.Along with needing to comply with Western sanctions against Moscow over its invasion of Ukraine, several companies with exposure to Russia have taken steps to avoid reputational damage...Read More
GB News, Released on 4/5/22Financial commentator Peter Schiff tells Mark Steyn, 'we've never been more dependent on the dollar's reserve status.'Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major econ...Read More
Wall Street Silver - Twitter, Released on 4/5/22More on Rob's death from Jim Willie: https://marketsanity.com/jim-willie-discusses-the-death-of-rob-kirby/One of the greatest advocates for freedom & sound money, ROBERT 'Rob' KIRBY passed away on April 3, 2022. pic.twitter.com/yaKdt5pyg0- Wall Street Silver (@WallStreetSilv) April 6, 2022 Rob Kirby has passed away added by Herman James on 04...Read More
Financial Survival Network, Released on 4/5/22Summary: John Rubino and I sit down and chat to talk US government and economy-both of which are in precarious situations at the moment. We discuss the inevitable power change to come in terms of political party/leaders, and how this may play out. Additionally, other countries have been anticipating the demise of US currency and are in turn strengtheni...Read More
Fox News, Released on 4/5/22Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is about the U.S. surveillance state and his experiences reporting on the Snowden documents around the world. Glenn co-founded The Intercept but parted ways with the company in 2020 due to the company...Read More