Most recently, the 3.8 million tonne per year plant had been scheduled to start in April and Ivanhoe said the early hot commissioning is four months ahead of the original development schedule. It doubles the size of the mine's concentrator plant. Ivanhoe's co-chair Robert Friedland said the commissioning is a big step towards establishing Kamoa-Kakula as one of the two largest copper mining c...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. General Mills advanced $1.19 to $63.87 after reporting higher than consensus first quarter earnings. The company also raised guidance. Adobe dropped $10.45 to $456.00 despite reporting higher than consensus fiscal first quarter revenues and earnings. The company also lowered guidance fo...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More
Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More
Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More
Following receipt of all regulatory approvals, Capstone Mining (TSX: CS) has successfully completed its previously announced business combination with Mantos Copper, creating a new Americas-focused copper producer named Capstone Copper Corp.The merger agreement stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following completion, Capstone shareholders wou...Read More
The Korelin Economics Report, Released on 3/23/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review shorter-term and longer-term support and resistance levels in the precious metals sector, and why he's very encouraged by the recent strength in the mining stocks. While the corrective move down in gold did briefly fill that breakaway gap level in gold, in general the yellow...Read More
Daily Reckoning, Released on 3/23/22The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation Continue... Jim Rickards: The Newest Case for Gold added by Herman James on 03/24/2022View all posts by Herman James ?+'Read More
The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation all point to much higher gold prices. Today, I'll break it all down.If you believe that the war in Ukraine will end soon, that global supply chains will heal quickly and that inflation is transitory, then you're probably in for a rude awakening. In fact, none of those things is likely.Even if...Read More
The Federal Reserve just raised interest rates for the first time since 2018.And popular belief among most investors holds that interest rate hikes are generally bearish for gold and precious metals.But that's not exactly the case.In fact, rising interest rates might even be positive for precious metals.The truth is, there is really no good connection we can make between interest rates and preciou...Read More
Investing in gold can bring diversification risk and create a different growth source for your portfolio. Most investors understand this, but what types of gold assets should we include in our investment portfolio? Let's have a look at TD gold bars, what they are and how to hold them tax-efficiently. What Are TD Gold Bars?TD Bank sells and has sold various types of gold bars throughout the years....Read More
Leaked files reveal for the first time how the secretive firm enlisted a controversial diamond tycoon - ignoring 'red flags'Read full newsRead More
Canex Metals Inc. (Read full newsRead More
TRU Precious Metals Corp. announces details of its 2022 exploration and work program at its flagship Golden Rose Project, which is now underway.Read full newsRead More
A new Cold War would cripple the American empireRead full newsRead More
Shares of Aris Gold Corp. traded 30% higher after the company reported it entered in into an agreement to become operator of the Soto Norte Gold Project in Colombia and has taken a 20% ownership interest in the operation with an option to increase its investment to 50%.Vancouver-based Aris Gold Corp. (ARIS:TSX; ALLXF:OTCQX), today announced that "it has entered into a definitive agreement with MDC...Read More
Michael Ballanger submits that steps should be taken to end central banking, and to remove the function known as "control of the currency" from its powers.In 1978, the year I joined the Canadian investment industry as a trainee, I was sitting in a room full of seasoned brokers while studying for the licensing exams known as The Canadian Securities Course, when I directed a question to the group wh...Read More
Adrian Day editor of Adrian Day's Global Analyst discusses six companies, several of which are Buys, and looks to the SEC's latest plans for emissions control.In today's briefing, we update developments at several companies, mostly positive news, with several "buys" on our holdings.Vista Moves Toward a Deal on MT Todd Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX) appointed CIBC as strategic adviso...Read More
Share this article VANCOUVER - Calibre Mining Corp. [CXB-TSX; CXBMF-OTCQX] provided an update on the company's next high-grade open-pit mine at Pavon Central, and 2021 and 2022 drill programs, central Nicaragua. Pavon Central development is on track to ramp up production in the first half of 2023 and recent results highlight high-grade drilling and expansion of defined high-grade open pit deposit...Read More
I've been saying oil was heading higher and trading that way for almost a year now. And now that oil is high, we're getting headlines like this:"Is $150 Oil Inevitable?"- OilPrice.com"Oil Will Surge to $120 and Stay High for More Than a Year as Russian Supply Dwindles, Morgan Stanley Commodities Chief Says"- MSN"Occidental CEO Says Oil Could Hit $150 a Barrel" - BloombergWe all know oil and gasol...Read More