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Berkeley hopeful after Spanish election

May 30, 2023 / www.mining-journal.com

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyAfter a drubbing in regional elections, Spain's socialist prime minister, Pedro Sanchez, has called a snap election, five months early, a...Read More

India Importing More Diamonds than Before Ukraine War

May 30, 2023 / www.idexonline.com

(IDEX Online) - India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council). It bought $818m in 2022-23, compared to $855.83 in 2021-22, an increase of just under eight per cent.India relies heavily on Russian imports, especially of smaller stones. Banking restri...Read More

4.83-ct Fancy Blue Diamond Sells for $8.8m

May 30, 2023 / www.idexonline.com

(IDEX Online) - A 4.83-carat fancy vivid blue diamond ring sold for $8.8m at Christie's Hong Kong as the Magnificent Jewels sale brought in a total of almost $60m.The brilliant-cut IF Type IIb gem (pictured) was surrounded by fancy-cut diamonds, in a gold setting. It sold between the low and high estimates of $7m to $10.2m.The blue diamond led the sale, followed by two items which both sold f...Read More

Tech Talk for Tuesday May 30th 2023

May 30, 2023 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points at 8:30 AM EDT. Microsoft advanced $4.06 to $336.95 after Wedbush raised its target price from $340 to $375.Constellation Brands added $1.87 to $234.75 after Roth MKM upgraded the stock from Neutral to Buy.Broadcom improved $15.29 to $828.02 after KeyBanc Capital raised its target price from $720 to $820.Cohe...Read More

Biden's Scheme is "Cynical and Manipulative"

May 30, 2023 / dailyreckoning.com

This is a financial newsletter, not a political one, much less a partisan one. But politics affects markets. And if I come across as partisan when weighing in on politics, so be it.But it's based upon objective analysis. Having gotten that disclaimer out of the way, let's get started...The Biden administration is playing political games with one of America's most critical national security assets...Read More

The Spread of the AI Brain Worm

May 30, 2023 / dailyreckoning.com

The artificial intelligence boom has taken the market by storm.In fact, I believe it's possible that the market's sudden fascination with all things AI is the main driver of the tech sector's strong performance so far this year.And I'm not just talking about the bubble basket of smaller AI pure-plays, either...The Nasdaq 100 is now up 30% year-to-date, easily topping the S&P and the Dow. The b...Read More

"Are You 100% American? Prove It!"

May 27, 2023 / dailyreckoning.com

I hope you're having a good Memorial Day long weekend. Meanwhile, how do you like the title of this article? Did it catch your attention? Because the idea is to question your patriotism if you don't fork your money over to the U.S. government.It's abrupt, but don't blame me! That wording isn't mine. Our government said this, in a poster from 1918 during the Third Liberty Loan drive that raised mon...Read More

Central Banks Keep Buying Gold

May 24, 2023 / www.outsiderclub.com

Central banks around the world have shown a significant increase in their demand for gold, with 2022 witnessing the highest annual gold purchases since record-keeping began in 1950.According to the World Gold Council, central banks bought a staggering 1,078 tonnes of gold last year, more than double the 450 tonnes purchased in 2021.Official sector institutions remained eager buyers, adding 228 ton...Read More

Centerra set to restart Turkish gold mine

May 31, 2023 / www.canadianinvestor.com

Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CGAU-NYSE] said Wednesday it has obtained Environmental Impact Assessment (EIA) approval for its Oskut gold mine in Turkey. The company said the Turkish Ministry of Environment, Urbanization and Climate Change has approved the amended EIA.With the EIA approval in hand, along with the receipt of regulatory approvals for the mercury abatement...Read More

Saudi Goes, "Dollar, Dollar Bills, Y'all"

May 31, 2023 / www.energyandcapital.com

The big news this week is that Saudi Arabia is in talks with the BRICS countries regarding joining the new world currency. The Financial Times reports:The New Development Bank, the Shanghai-based lender better known as the "BRICS bank," is in talks with Saudi Arabia on admitting the country as its ninth member, a move that would strengthen its funding options as founding shareholder Russia struggl...Read More

Charles Hugh Smith: Countries Realize Globalism Is Not The Future, Self Reliance The Path Forward

May 31, 2023 / marketsanity.com

X22 Report, Released on 5/31/23Charles begins the conversation talking about the economy and how the economy has reached a point of no return. Charles also mentions that globalism is dead and countries are now moving back to nationalism. The world is changing and becoming self reliant.Read More

Gold Junior Confirms High-Grade Gold in Its Canadian Mines

June 01, 2023 / www.theaureport.com

West Red Lake Gold Mines Inc. recently announced that it intersected 10.34 grams per tonne -gold over 8 meters, 68.46 g/t Au over 1.1m, and 13.21 g/t Au over 5.5m within its Rowan Property. Read more to learn of the company's upcoming catalysts and what experts are saying about this mining stock.Junior gold exploration company West Red Lake Gold Mines Inc. (WRLG:TSXV;WRLGF:OTCQB) has announced tha...Read More

Co. With High-Grade Gold Project Close to Production is Bargain

June 01, 2023 / www.theaureport.com

Currently this Top Pick is undervalued and offering investors a potential return of 277%, noted an Eight Capital report. Lion One Metals Ltd.'s (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX) share price pulled back recently, thereby presenting "a buying opportunity for investors to get exposure to one of our Top Picks among the precious metals explorers/developers," reported Eight Capital analyst Felix Shafigu...Read More

Swelling Cushing oil hub stocks will require more pipelines

August 06, 2019 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

February 14, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

Are reported metal stocks a good measure of market fundamentals?

March 01, 2022 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

ConocoPhillips swoops on Concho in $9.7bn all-stock deal

October 19, 2020 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

Chesapeake ties up Vine in cash-and-stock deal

August 11, 2021 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

Protecting cross-border mining investments

May 31, 2023 / www.mining-journal.com

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingPeter Flint discusses the use of international law to protect cross-border mining projects.Nova retains laser focus on qualitySPONSOREDno...Read More

Big oil, new energy and the stock market

June 19, 2020 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More

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