Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDThe shares are down 45% since the end of February. But other red metal-centric listed vehicles such as Freeport-McMoRan have also come a cropper, down about 40% during the same time period.Read More
(IDEX Online) - Tiffany & Co is selling limited edition pendants to owners of CryptoPunks - a set of 10,000 unique and collectible Ethereum blockchain characters.The jeweler says it's taking NFTs (non fungible tokens) to "the next level" by creating NFTiffs, or replicas of the virtual CryptoPunk designs.Each one will have at least 30 stones, among them diamonds and colored gemstones...Read More
(IDEX Online) - Fancy color diamonds prices rose by an average of 0.8 per cent in the last quarter.That's a slowdown on the previous three months (1.0 per cent Q1 2022), but still puts them way ahead of other global indices, says the New York-based Fancy Color Research Foundation (FCRF). In Q2 2022 it says the Dow Jones was down 11.3 per cent, the S&P down 16.4 per cent, gold d...Read More
(IDEX Online) - A jeweler in the US has been jailed for more than 12 years after pleading guilty to an investment scam involving a 77-carat "Yellow Rose" diamond.Joseph DuMouchelle, 61, persuaded a client to make a wire transfer to the seller's account for $12m, claiming he could sell it on for $16m.But the money went into his own account and he promptly withdrew it to pay off personal and bu...Read More
Alicanto wows with maiden resourceSPONSOREDalicanto mineralsSavannah eyes major Li production in PortugalSPONSOREDsavannah resourcesMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSORED"There [needs to be] a mindset shift away from patting ourselves on the back for the changes we have already made," Sharon Warburton, who holds non-executive directorships across multiple sectors*,Read More
U.S. equity index futures were lower this morning. S&P 500 Index was down 25 points in pre-opening trade.Pinterest advanced $4.23 to $24.22 after the company released encouraging second quarter results. Elliot Management, an activist investor confirmed recent purchases in the company. Mosaic dropped $1.63 to $49.76 after reporting lower than consensus second quarter revenues and earnings. CF I...Read More
About 700 tonnes of gold-bearing material valued at about $191,357 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday in South Africa's West Rand, part of the historic Witwatersrand Basin.The South African Police Services' elite crime-fighting Directorate for Priority Crime Investigation said Monday that one illegal miner, known as a 'Zamazama...Read More
Benz Mining (TSXV: BZ; ASX: BNZ) has received assays for the six holes drilled in April 2022 as part of its initial lithium exploration at the Ruby Hill West discovery in Quebec. The best results came from RHW22-006, which intersected 26.4 metres at 1.01% lithium oxide (Li2O) and 3.7 metres at 2.61% Li2O, with tantalum, rubidium and cesium association. Holes RHW22-001, 002, 003 and 005 also showed...Read More
This week's episode features Lincoln Strategic Senior Client Director, Global Mining Recruitment, Erik Buckland, who gives an update on the mining labour market and how technology and robotics are being increasingly used in lieu of employees by mining companies. He also discusses the growing perception of the mining industry as an environmentally-friendly sector, and gives tips to people who are...Read More
Royal Gold (NASDAQ: RGLD; LSE: 0KXS) announced on Tuesday a US$525-million acquisition of a sliding-scale gross royalty on an area including the Cortez mine and Fourmile project in Nevada from Rio Tinto's (NYSE: RIO; ASX: RIO) subsidiary Kennecott Royalty company.The transaction gives the Denver, Colo.-based royalty firm an effective 1.2% gross royalty in an area within the Cortez complex, which i...Read More
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although the Federal Reserve announced a 75-basis point rate hike on July 27, markets reacted positively as the central bank signalled future increases could be more tempered, depending on economic conditions. Shares in Nexa Re...Read More
Over the July 25-29 trading week, the S&P/TSX Composite Index gained 588.44 points or 3.1% to end at 19,104.48. The S&P/TSX Global Mining Index gained 5.15 points or 5.9% to 92.64; and the S&P/TSX Global Base Metals Index added 10.78 points or 7.4%. The S&P/TSX Global Gold Index also turned positive, rising 12.86 points or 5.7% to 238.62, while spot gold advanced US$34.5 or 2% to end the week at...Read More
New Found Gold (TSXV: NFG) has released results from 17 diamond drill holes that were completed as part of an ongoing program exploring a highly prospective segment of the Appleton fault zone (AFZ) immediately north of the high-grade Keats zone at its Queensway project in Newfoundland.AFZ is one of two prominent north-east trending faults that are interpreted to be the primary fluid conduits for g...Read More
Gold Field's (NYSE: GFI; JSE: GFI) intended acquisition of Canada's Yamana Gold (TSX: YRI; NYSE: AUY) remains in limbo, though the South African miner has gained backers and says its shareholders are starting to understand the strategy.Speaking after his second international roadshow to turn deal detractors around, Gold Fields chief executive Chris Griffith said some of the company's investors are...Read More
The S&P/TSX Venture Composite Index gained 38.07 points or 6.26% over the July 25-29 trading session to end the week at 646.04. Battery metals companies were the top gainers in value in the trading week, with Sigma Lithium shares gaining $3.10, or 15.9%, to $22.55 apiece. According to Trading Economics data, lithium carbonate prices in China rose slightly to 476,500 yuan ($90,735.04) per tonne at...Read More
We spoke with Peter Espig, President, and CEO of Nicola Mining Inc. (TSX.V: NIM, FSE: HLI), a junior mining company, with three 100% owned, diversified core assets, all located together, in southern British Columbia. The Company's New Craigmont Copper Project is a high-grade, skarn copper, adjacent to Highland Valley Copper, Canada's largest copper mine. The property contains the historic Craigmon...Read More
Liberty and Finance, Released on 8/2/22Commercial banks' short positions in silver are extremely low. Physical inventories are dwindling as investors are taking delivery of their silver off the COMEX. This fall could be pivotal for the metals industry, says Andy Schectman, CEO & president of Miles Franklin Precious Metal Investments. Retail inventory is already incredibly tight. "It won't take muc...Read More
Gold Silver (w/ Mike Maloney), Released on 8/2/22While researching for his next book, Mike Maloney unearthed some new data that shows some disastrous headwinds for the US economy. Be the first to see it here as Mike is joined by Adam Taggart to discuss the events in China and Taiwan, manipulation of the precious metals markets, an update on the yield curve inversion, and some wonderful viewer feed...Read More
Peak Prosperity, Released on 8/2/22Watch the full version at: https://peak.fan/wrdChristopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse an...Read More
Trends Research, Released on 8/2/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rig...Read More