Switzerland's top prosecutor opened a criminal probe against "unknown perpetrators" suspected of bribing foreign officials after a public interest group filed a complaint in 2017 against Glencore Plc, adding to international scrutiny of the world's biggest commodity trader.The investigation opened earlier this month relates to raw materials, and isn't focused on the Baar, Switzerland-based company...Read More
Relations between the Zambian government and its copper mining sector have just taken a turn for the worse."If it is the will of the Zambian people that we divorce with these mines, then we will do so."President Edgar Lungu has swiftly followed through on his threat with a move to liquidate Konkola Copper Mines (KCM), the local operating unit of India's Vedanta and one of the country's biggest pro...Read More
Eurasian Resources Group and China Non-Ferrous Metals Co. expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta Resources Ltd., people familiar with the situation said.Eurasian Resources, owned by three Kazakh billionaires, approached the government about two months ago, according to the people, who declined to be identified by name bec...Read More
"Gold Resource Corporation Significantly Expands Arista Mine Intercepting 11.95 Meters of 1.04 G/T Gold and 494 G/T Silver https://t.co/IaVMlNImnk"Read full newsRead More
Golden Share Resources (TSXV: GSH) has acquired the Basking project in Ontario, Canada.In a press release, the miner said that Basking, which is made up of four small non-contiguous claim blocks totaling 34 single cell mining claims, was acquired through map staking.The project is located near the western edge of the James Bay Lowlands and about100 kilometres north-northwest of the Ring of Fire ni...Read More
CanAlaska Uranium (TSXV: CVV) will soon begin a drill program at its 70%-owned West McArthur uranium project.In a press release, the miner said that the program is intended to locate high-grade uranium hosted in faults along the C10 horizon, the major regional fault structure.According to CanAlaska, two previous drill holes intersected high-grade uranium - up to 5% U3O8 - just west of the project...Read More
"Shareholders Are Thrilled That The California Gold Mining (CNSX:CGM) Share Price Increased 195% https://t.co/EJWSsP94kf"Read full newsRead More
Only the chirping of birds and insects break the silence at a gold mining site in the Eastern Region of Ghana, right at the foot of the Atewa forest reserve.Caterpillar excavators stand still, as the two Ghanaian companies operating them wait for a new mining permit a process that has been in the works for months.But a fresh pile of sludge spilt over a patch of vegetation suggests the mine is be...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce its targeting strategy for the upcoming Summer 2019 Hurricane Extension drilling program on its 100% owned Larocque East property (the "Property"). The primary objective of the drilling will be to evaluate the potential for expansion of the Hurricane zone east of the current drilling pattern. Targets have b...Read More
The rare earth minerals sector surfaced into the mining and commodities news this week amid speculation that China could use its dominance in production to deal the killer blow in its trade war with Donald Trump. It all stems from a visit by China’s top brass, President Xi and Vice Premier Liu He, to a rare earth minerals mine in Jiangxi province. The move was widely interprete...Read More
On May 27, Portofino Resources (TSX-V: POR) announced initial sampling results at its Yergo lithium brine project that covers the entire Aparejos Salar in the Province of Catamarca, Argentina. Yergo is within 15 km of Neo Lithium's high-grade, PFS-stage 3Q Project. Before getting to this important company news, a quick recap of Portofino.The Company controls 3 projects in Catamarca, covering > 8,6...Read More
The 340-page tome provides detailed analysis on topics from China and de-dollarisation to gold storage, the global monetary order, bonds, digital currencies, hyperinflation, politics and ESGRead More
One of the most forgotten events in history took place nearly 100 years ago on a small piece of land owned by William H. Abrams in Mitchell County, Texas.Few people I know could tell me where Mitchell County is, and fewer still know the extraordinary story that occurred there on July 16, 1920.Up until that point, an oil well had been drilled on the property and even produced a little oil once dril...Read More
Argentina has three nuclear reactors and plans for more, yet the country has no domestic uranium production. Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) hopes to fill that void."They import uranium from Kazakhstan and Canada, so having a domestic source would be a preference, and they're potentially our first customer," Nikolaos Cacos, the company's president and CEO, tells The Northern Miner.The...Read More
Osisko Mining (TSX: OSK) has found a new and shallow gold zone 350 metres north of the main deposit at its Windfall property in Quebec, one of the highest grade resource-stage gold projects in Canada.The mineralization occurs between a depth of 50 metres and 275 metres, and is open at depth and along strike.Highlights include 393 grams gold per tonne over 2 metres starting from 100 metres downhole...Read More
Cannabis stocks as a group have come off a bit as the good buds are being separated from the sticks and seeds (move over wheat and chaff).Tilray (NASDAQ: TLRY), for example, is down from its peak at $300 last fall to $40 today.Other descents have not been as pronounced. And high-quality companies have held their ground relatively well. I'm thinking of names like Hexo (NYSE: HEXO).Some thoughts...F...Read More
"$BAC - Bank of America Corporation's (BAC) Management on Deutsche Bank Global Financial Services Conference Call Transcript https://t.co/GUyLDYhnIK"Read full newsRead More
StrengthsThe best performing metal this week was palladium, up 1.49 percent as UBS published a report outlining its positive view on the precious metal; hedge funds raised their net long position in the metal after touching an eight-week low. Gold traders and analysts were neutral on their outlook for gold as a stronger U.S. dollar offset potential haven appeal, according to the weekly Bloomberg...Read More
By: PlungerIn this report we will look at the state of the stock market and update the condition of a potential bottom in the gold space.Sell in May and Go AwayYou have all heard this Wall Street ditty before and it is now upon us at this moment. Despite this old market rule being an established truism, few actually use it to make money. Instead the daily market action draws investors back i...Read More
Gold will break free from $1270-$1298 range and form a new range anytime soon. Silver needs to trade over $1419 to be in long term bullish zone. Crude oil needs to trade over $57.00 to rise to $63.00 this week. Apprehensions that an all out global trade war will reduce demand for crude oil has resulted in the fall. Crude oil is just a speculative play. Supply pressures from Venezuela, Iran and L...Read More