Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
"In addition to an underlying strengthening of the Brazilian Real during the first quarter, our operating costs faced the same inflationary headwinds experienced globally across all industries," Ero'sRead More
After producing 55,602 tonnes of copper in concentrate in Q1—which compares to 105,884 tonnes for the full year of 2021, Ivanhoe expects to reach the upper end of 2022 copper production guidance of 290,000-340,000 tonnes. This has been aided by the early commissioning of the phase 2 concentrator plant, it said.C1 cash costs, meanwhile, were US$1.21 per pound in the quarter which compares to...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade. Index futures moved lower following release of the U.S. April Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 1.2% in March. Actual was an increase of 0.3%. On a year-over-year basis consensus was an increase of 8.1% versus a gain of 8.5% in March....Read More
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in "uncharted territory" regarding the closure of the sale of its Russian assets. In April, the company announced that it had entered into a definitive agreement with the Highland Gold Mining group of companies to sell its Russian assets for US$680 million, weeks after Western nations announced sanctions on Russia after the country began i...Read More
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources' 7.9% interest in the asset for $187 million.Cameco, the world's third-largest uranium producer, will see its ownership in the mine rise by just over 4.5% to almost 54.5%, while Orano's will increase to slightly over 40.45%...Read More
Shares of Endeavour Silver (TSX: EDR; NYSE: EXK) rose to their highest level in a week as the company beat analysts' expectations in its quarterly report. The company produced 1.3 million oz. silver in the first quarter of 2022, a 25% increase from the first quarter last year and 17% higher than BMO's predictions. It also produced 8,695 oz. gold, a 22% decrease from its production last year but...Read More
International Battery Metals (CSE: IBAT; US-OTC: IBATF) has successfully completed the systems and safety testing for what would be the world's first commercial-scale mobile lithium extraction plant.The modular plant will now begin flow-testing with lithium-bearing brine, which has been sourced in the U.S. and is being trucked in. Once the efficacy and safety of the flow tests have been confirmed,...Read More
As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its 'Aladdin's cave'-like endowment of mineral wealth, a keynote panel at the African Mining Indaba in Cape Town, South Africa, heard on Tuesday. The emerging message is that while the transition forces the creation of new indu...Read More
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself and participate in meaningful economic upliftment as the global energy transition accelerates.But to get there, several African leaders spoke of ongoing policy reforms to attract new investment and create new regional...Read More
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world's future-facing minerals and metals will be responsibly produced."This is where humanity is going to make it or break it," he told the Investing in Africa Mining Indaba currently underway in Cape Town, South Africa.He points out that the large copper mines in Latin A...Read More
FPX Nickel Corp: We met with the management team of what could be the giant scale nickel resource that North American factories needRead full newsRead More
Chief executive of Tesla and Space-X gives exclusive interview at Future of the Car conferenceRead full newsRead More
Patriot (CSE:PMET) now holds the title to 100 per cent of the Corvette Property in Quebec.Read full newsRead More
VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. ("Prime", or the "Company") (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt:Read full newsRead More
The findings suggest that Munda's gold mineralisation is ideally suited to conventional carbon-in-leach processing techniques.Read full newsRead More
Let me be clear about something...What we are currently witnessing is the greatest military buildup - the largest global arms race in the history of the world.Globally, total military spending reached more than $2 trillion for the first time in 2021, according to an April report from the Stockholm International Peace Research Institute."Even amid the economic fallout of the COVID-19 pandemic, worl...Read More
Share this articleVANCOUVER - Grid Metals Corp. [GRDM-TSXV; MSMGF-OTC; NJF1-FSE] reported results for three additional holes from the recently completed phase 1 drill program at its Donner Lake lithium property in southeastern Manitoba. The property is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite. The Donner Lake Lithium Property is a 75%/25% joint ven...Read More
Earlier this week, Elon Musk sent out the following tweet...Can you imagine if something like this were to really happen?What would the headlines read? "Elon Musk: Dead at 50, the World Mourns"...You know, it's funny, but when Musk put out that tweet, the internet went crazy.Fans and foes alike slid down the Twitter streams with their own take on what would happen if Musk did suddenly meet an unti...Read More
Rice TVx, Released on 5/12/22On this episode, I am joined for a second time by one of the OGs of the Truth Movement, G. Edward Griffin. Most are familiar with Mr. G as the author of The Creature From Jekyll Island. He is an author of other books, a speaker, and researcher. Our conversations revolves around the Federal Reserve, inflation/deflation, the WEF and their Great Reset agenda, CBDC's/centr...Read More
Traders Summit, Released on 5/7/22Marc Faber, publisher of the Gloom Boom Doom report, sits down with Blake Morrow to discuss the moves from the FOMC lasts week and talk about how current monetary policy will shape the markets for years to come. Inflationary pressures, brought on by the Federal Reserve, can have parallels drawn to the 1970's as Marc Faber points out. Marc discusses the real estate...Read More