A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud Office (SFO), which relate to the firm's oil operations in Africa.Glencore Energy confessed paying $28 million in bribes to secure preferential access to oil, including increased cargoes, valuable grades of oil...Read More
In 2006, I hired a young dude who had just graduated from a large Midwestern university. I actually didn't personally hire him but gave the go-ahead to one of our editors who was looking for an assistant to groom (when the term "grooming" was still benign).Everyone told me he was "the smartest guy in the room." Like I said, he was fresh out of college and starting a career far from home. So he s...Read More
Kevin O'Leary Bitcoin Interview In this interview, Kevin O'leary talked about how the institutional investors have become more ...Read More
1844 Resources Inc. (TSXV: EFF) (theRead full newsRead More
Montreal, Quebec, CANADA - June 20, 2022 - Glen Eagle Resources Inc. (the "Corporation") (TSXV: GER) is pleased to announce that it has entered into an option agreement (the "Agreement") with an unlisted reporting issuer (the "Optionee"), which provides the Optionee the right to acquire (the "Option") a 100% interest in the Moose Lake Property (the "Property") located in the Province of Quebec. Th...Read More
This Is Happening In The GOLD & SILVER Market | Lyn Alden GOLD & SILVER Price Forecast #gold #silver #goldprice Subscribe ...Read More
The Crypto Market Rebound Is Going To Be EXPLOSIVE!" | Cathie Wood Bitcoin Interview In this interview, Cathie wood, the CEO ...Read More
Description: In this video we give an overview of the Lassonde Curve model of how a mining company's market value shifts over ...Read More
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From June 17 authorized personnel gradually returned to the site to perform tasks related to infrastructure maintenance as well as increasing the ore reserve at the surface.Read More
"We're going to make sure everyone knows Exxon's profits. Exxon made more money than God last year."Biden's recent claims were clearly meant to be taken negatively, in defense of his own impotence, but all I'm hearing is praise for Exxon's strong financials. If you've been following the energy sector recently, you'd know that nearly everyone is making more money than God. The market is currently...Read More
When geologist Ashley Kirwan and her business partner Shastri Ramnath were thinking of starting a consulting company to support miners exploring projects through data in 2012, almost everyone they spoke with said it was a bad idea. She had just quit her job and the market wasn't encouraging for young entrepreneurs. And yet, the co-founder of Orix Geoscience followed her gut. "It was like the wo...Read More
Canadian miner Alamos Gold (TSX: AGI) has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.A total of 991 ounces of gold were produced from the initial pour, the company said, adding La Yaqui Grande, its second mine in Mexico, is expected to churn out roughly 3,000 ounces of gold in June.The figure has alread...Read More
Canadian explorer Argentina Lithium & Energy (TSXV: LIT; US-OTC: PNXLF) aims to advance new sources of high-quality lithium in Argentina to meet the growing demand for clean energy technologies powered by lithium-ion batteries.Argentina Lithium is part of the Grosso Group of companies, which has been a pioneer of mineral exploration in Argentina for nearly three decades.The Vancouver-headquarter...Read More
The mining universe has lost not only a wise and generous leader, but also a true renaissance man. Igor Levental, president of The Electrum Group and director of Novagold Resources and Gatos Silver, passed away suddenly and unexpectedly on June 10. Igor's mining career spanned more than 30 years, where he held numerous board and senior roles and was actively involved in many of our industry's m...Read More
During a presentation at the 2022 PDAC conference in Toronto, the Peruvian minister of economy and finance, ?"scar Graham, announced that his government will extend to 2025 the tax refund benefit to mining and oil exploration, which was scheduled to end in December 2022.According to Graham, the decision is based on the government's desire to guarantee the growth of the mining sector, which is resp...Read More
Growing fears of a recession and an aggressive 75-basis point hike by the U.S. Federal Reserve had markets reeling over the June 13-17 trading period. The S&P/TSX Composite Index dove 1,344.34 points or 7.1% to 18,930.48; the S&P/TSX Global Mining Index tumbled 8.76 points or 8.5% to 103.48; and the S&P/TSX Global Base Metals Index fell 19.59 points or 11.5% to 169.48. The S&P/TSX Global Gold Inde...Read More
The S&P/TSX Venture Composite Index fell 64.32 points or 10% to end at 640.38. Shares of Eloro Resources bucked the trend, rising 38 ? to $3.99 apiece as the company announced drill results from its Iska Iska silver-tin polymetallic project in southern Bolivia. Highlights from the drilling included 88.7 metres grading 10.74 grams silver per tonne and 1.01 grams gold starting from 319.4 metres in...Read More
The Dow Jones Industrial Average retreated 1,504.01 points or 5.03% to 29,888.78 and the S&P 500 fell 226.02 points or 6.1% over the week to 3,674.84 as U.S. stocks felt the pressure amid growing concerns of an economic recession, high inflation and rising interest rates. Most miners saw their share value decrease during the week despite providing seemingly positive updates. Shares of Nouveau M...Read More
Canadian explorer Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) holds a portfolio of precious and base metal projects in Argentina and Chile.Golden Arrow is part of the Grosso Group of companies, which has been working successfully in Argentina since 1993, where it has been involved in several major discoveries, including the Chinchillas silver deposit, now owned by SSR Mining (TSX: SSRM;...Read More