LONDON, 10 January 2023 - Comment from BullionVault features today at Japanese investment magazine Toyo Keizai, reposting a review of the latest financial market action from global news-wire and data providers Bloomberg."A break above $1900 an ounce in gold is quite possible if [Thursday's US inflation] data shows a weaker number," says the magazine, quoting Bloomberg director of research Adrian A...Read More
Gold has powered highersmartly over the past couple months, achieving big gains. But this gold buying is only starting,implying this young upleg still has a long way to run yet. Speculators’ gold-futures buying remainsmodest, while much-larger identifiable investment buying hasn’t even begun. Traders will have to increasingly chase gold’supside momentum to resto...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingEarlier this month the company published a scoping study which featured an after-tax net present value of US$1.83...Read More
The proposed loan is to be made under the DOE Loan Programs Office's (LPO) Advanced Technology Vehicles Manufacturing programme for a term of about 10 years with an interest rate fixed from the dateRead More
Lundin Gold beat guidance and produced a record 476,329oz of gold in 2022 from its Fruta del Norte mine in Ecuador. "For the second year running, Lundin Gold has beaten its production guidance.Read More
"We are pleased to receive positive recommendations from ISS and Glass Lewis, which reaffirm our strategic rationale for the Arrangement and the resulting benefits to shareholders," said MichaelRead More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingStreamsong Resort, one of the world's leading golf destinations, and approximately 7,000 acres of land in which i...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streaming Threats to local wildlife and plants are rapidly again dominating news headlines, court time, and local protest...Read More
4 Emerging Trends Driven by the Global Mining BoomSPONSOREDproudfootRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsAlien Metals accelerates toward productionSPONSOREDalien metalsMetalla poised to flourish amid royalty M&A frenzySPONSOREDmetalla royalty & streamingThe shift in sentiment is evident in two investment bank research reports circulated earlier today (Friday) with...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 34 points in pre-opening trade. Delta Airlines dropped $1.49 to $38.11 after the company reported lower than consensus fiscal first quarter earnings. JP Morgan slipped $0.14 to $139.49 after reporting less than consensus fourth quarter earnings. Virgin Galactic added $0.55 to $5.17 after the company affirmed commercia...Read More
Two weeks ago, Southwest Airlines had a massive meltdown but they weren't the only airline affected. Flight delays ruined vacations and travel plans for millions the world over. It was never clear why.Oh sure, blame the weather but that has become a strangely opaque excuse. You look outside and the weather seems fine but then someone snaps at you: Can't you see that the snow is bad in Buffalo?So o...Read More
Touch off the rockets. Light the sparklers and raise a joyous toast...For the experts have been proven correct - finally and for once. NBC News:Price growth in the United States cooled in December as the economy continued to show signs of weakening. Inflation landed at 6.5% compared to the 12 months prior.That figure was in line with analysts’ expectations, and a decrease from the 7.1% seen...Read More
With renewed interest in the discovery potential of the eastern Yukon and the western Northwest Territories, accomplished mineral explorer and mining financier Simon Ridgway Rackla Metals (TSXV: RAK) CEO is returning to his roots with a focus on the region's Tombstone Gold Belt.Throughout his colourful career, broadly entailing playing poker by night and researching or 'kicking rocks' by day, Ridg...Read More
High potash prices will likely persist as the world scrambles to bring more production online amidst concerns over food security, privately held developer Brazil Potash says.Protectionism from some countries has been a wakeup call to the global community, spurring it to work towards ensuring food security needs are met amid a tightening of fertilizer supplies, says CEO Matt Simpson in an intervie...Read More
There's no denying the world is an entirely different place compared with a year ago, says Cambridge House International's president and CEO, Jay Martin, as more than 300 mining juniors prepare to attend the Vancouver Resource Investment Conference (VRIC) on Jan. 29-30."The era of trust is over," he declares. "We are entering a new era of de-globalization. The trust that allowed for global trade o...Read More
Saudi Arabian state miner Ma'aden inked a major new deal with the kingdom's sovereign wealth reserve the Public Investment Fund (PIF) at the Future Minerals Forum 2023 in Riyadh this week.The deal was among more than 20 agreements and memoranda of understanding signed between the state mining entity and other international companies at the three-day summit, Ma'aden said in a news release Thursday....Read More
Saudi Arabia aims to start construction by December on the world's first integrated battery metals complex built and fed with raw materials by the same company.Perth, Australia-based EV Metals Group, which is controlled by Saudi Arabia, wants to construct the battery metals complex on a 1.3-sq.-km plot in Yanbu on the Red Sea about 1,000 km west of Riyadh, EVM chief executive officer Michael Naylo...Read More
Space never ceases to fascinate, whether it is our reaching the extra-terrestrial or the extra-terrestrial reaching us.We experienced a taste of the former on Jan. 9, when the U.K. Space Agency initiated a new era of domestic spaceflights with the first orbital mission from a British spaceport. The 'Start me up' program (named after the 1981 Rolling Stones hit) plans to make Britain the first nati...Read More
Record fourth-quarter production brought total annual output last year to 460,400 oz. of gold for Alamos Gold (TSX: AGI; NYSE: AGI), with its three mines in Canada and Mexico expected to produce between 480,000 and 520,000 oz. this year and should remain at similar levels in 2024 and 2025.In the fourth quarter, Alamos produced 134,200 oz. of gold, a 9% increase from the third quarter, the miner sa...Read More
Taseko Mines (TSX: TKO; LSE: TKO) has secured US$25 million in additional financing to pay for the solvent extraction and electrowinning (SX/EW) plant for its Florence copper commercial production facility in Arizona.The latest funding agreement, with Bank of America Leasing & Capital LLC, follows an initial investment of US$50 million made recently by Japan's Mitsui for construction of the in-sit...Read More