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
Wolf Street, Released on 4/19/23That would be a bummer for Wall StreetContinue... Wolf Richter: But What If We Don't Get A Recession In 2023? added by Herman James on 04/20/2023View all posts by Herman James ?+'Read More
Daniel Lacalle, Released on 4/19/23Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richto...Read More
Barchart - Twitter, Released on 4/19/23The S&P 500 $SPX has NEVER bottomed before a recession (data going back almost 100 years) pic.twitter.com/QrH6RVBWDI- Barchart (@Barchart) April 20, 2023 The S&P 500 has NEVER bottomed before a recession (data going back almost 100 years) added by Herman James on 04/20/2023View all posts by Herman James ?+'Read More
Fox News, Released on 4/19/23"The first condition is that reparations should be paid to Black Americans whose ancestors were enslaved in the United States," he said. "The second is, how much should be paid? The amount should be dictated by the disparity in wealth between Black and White Americans, which at the current moment amounts to in excess of $840,000 per household."Continue... Duke Universi...Read More
Breaking911 - Twitter, Released on 4/19/23WATCH: Chicago Mayor-elect Brandon Johnson defends rioters who looted stores, shot into crowds & viciously beat innocent citizens: "Demonizing children is wrong. [...] They're young. Sometimes they make silly decisions. They do! And so we have to make sure that we are... pic.twitter.com/XAFRHJl6jp- Breaking911 (@Breaking911) April 20, 2023 WATCH: Chica...Read More
The Daily Gold, Released on 4/20/23In this video we take a look at the simple math behind why gold miners and junior gold companies declined 50% to 70% from 2020-2022. The answer is also why gold stocks have badly underperformed Gold for 15 years: the Gold price has not moved up and costs have steadily increased. Gold has not been in a secular bull market for a while but now it is starting one. Wh...Read More
Toronto Sun, Released on 4/20/23Someone made off with 3,600 pounds of gold being moved through the airport.Continue... Massive gold heist at Canada's biggest airport added by Herman James on 04/20/2023View all posts by Herman James ?+'Read More
Concentrate production and the shipment of commercial concentrates has begun at MAG Silver Corp.'s large-scale Juanicipio plant in Mexico.Concentrate production and the shipment of commercial lead and zinc concentrates has begun at MAG Silver Corp.'s (MAG:TSX; MAG:NYSE American) large-scale Juanicipio plant in Mexico.The company said regular shipments have started and will continue going forward....Read More
The company reported March quarter production and cost performance in line with expectations at 145,900t tonnes at a cash cost of US$1.Read More
The project aims to extend the mine life from 2028 until 2036, using the same footprint and maintaining production. Antamina produces about 560,000tpa of copper equivalent.Read More
The country, which produced 2.2Mt in 2022 and counts with 98Mt of copper reserves, has seen its production grow 88% production since 2012 to become the world's second-largest producer.Read More
The share price was up almost 5% on the week in Thursday trade, at 198.8p/share on the London Stock Exchange.Read More
"The volatile political, economic and social situation has continued to impact Peru in recent months, and this has resulted in a tough operating environment for Hochschild's two mines," chiefRead More
The gold room contained about one month's production from Lomada and Cap-Oeste deposits. No employees were fatally injured, although three suffered minor injuries.Read More
(IDEX Online) - The diamond world has been rocked by the US Treasury Department's blacklisting on Tuesday of companies with alleged links to the financing of the Hezbollah terror group, in Lebanon.A total of 52 individuals and entities, including a few diamond companies, appear on the Office of Foreign Assets Control (OFAC) list, accused of supplying cash, precious gems, art, and luxury goods...Read More
(IDEX Online) - Petra Diamonds suffered a sharp fall in its quarterly sales to 31 March, down almost 52 per cent to 67.8 per cent on Q3 2022.It also sold almost 37 per cent fewer diamonds - 465,138 carats - than during the same period last year.The miner's Williamson deposit, in Tanzania, remains closed after the breach of a tailings dam, which released a five-mile river of gray sludge, damag...Read More
(IDEX Online) - A unique Rolex Yacht-Master, made entirely of platinum for the company's then CEO Patrick Heiniger, is to be sold with an estimate of ???EUR? ?1m to ???EUR? ?2m ($1.1m to $2.2m).The dial features diamond hour markers with baguette-cut sapphires at six and nine and a triangular-cut sapphire at 12.It was presented to Mr Heiniger, who took over from his father Andre Heiniger in 1...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelBase metals mixed Copper production increased 18% year-on-year, to 6,700t produced, "largely attributed to the improved operational performance of Sossego mine and the steady ramp-up of Salobo III,"Read More
The mining giant has cut its mined copper guidance for 2023 to 590-640,000t, from the guidance of 650-710,000t issued at the start of the year.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"The launch of this cutting-edge technology breaks the limits that have long restricted the development of the battery sector and will open up a new scenario of electrification centering on high levelRead More