At its investor day on March 1, Tesla unveiled a master plan which includes a platform for building next-generation electric vehicles, with a powertrain containing a permanent magnet motor that willRead More
Coda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsPanoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAccording to figures released by SAVANT this week, global smelting act...Read More
Panoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsCoda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining LTCM was founded in 1994 by a renowned 1980s Wall Street bond trader,...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) says it sold around $20m of South African rough at its February tender, in Dubai.That's an increase on the $14m it sold in December, but still far short of the record $75m it sold last March."We presented a relatively conservative volume of goods in line with recent events," the company said. "The overall reaction this month would indicate a sli...Read More
(IDEX Online) - British miner BlueRock Diamonds has put its Kareevlei Mining subsidiary into business rescue amid mounting debts.It follows the suspension of its shares on the AIM last week.Kareevlei Mining currently owes $4.1m to Teichmann South Africa, the construction and mining service group, though it said it had paid its February salaries and diesel bill.Business rescue temporarily protects...Read More
(IDEX Online) - Bruce Cleaver, outgoing CEO of De Beers, says the company's joint ventures with the Botswana and Namibia government are "win-wins" for both countries. He was speaking on Tuesday during a courtesy visit to Namibia's President Hage Geingob. The long-standing De Beers deal with Botswana has come under intense scrutiny in recent weeks, after its President Mokgwe...Read More
Coda's copper deposits: the hippo atop an elephantSPONSOREDcoda mineralsPanoro targets Cotabambas PFS by end of yearSPONSOREDpanoro mineralsAnglesey makes up for lost time at Parys MountainSPONSOREDanglesey mining Saudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesLast week, BHP boss Mike Henry said after spending weeks travelling, i...Read More
Chile's state-owned copper company selected the candidates via a system on the state-run civil service website. Four of the company's nine directors have been selected in this way.Read More
Local press reported that a consortium of representatives from BHP met with the Minister of Mining Carlos Astudillo and governor Sergio Uñac.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade.Salesforce.com, A Dow Jones Industrial Average stock jumped $24.20 to $191.55 after the company offered positive guidance. In addition the company announced a $20 billion stock buyback program.Splunk, a NASDAQ 100 stock dropped $3.48 to $99.00 despite reporting higher than consensus four...Read More
Rumors swirl... that an abominable bogeyman has risen from the grave... and that he is hot for blood.He is the scourge of Washington. He is the dread of Wall Street.This fee-fi-fo-fum's return - if the sightings can be authenticated - would have markets wriggling in exquisite torture.What precisely is this creature? And why is he now climbing from the grave?Answers to follow. First we look in on h...Read More
One of the highlights of my week is the Paradigm Editorial Call.All the big boys are there; Byron King, Ray Blanco and Dan Amoss... to name a few.Jonathan Rodriguez always arrives armed with reams of statistics.Ace options trader, Alan Knuckman, keeps us from straying too far into pessimism. I've learned truckloads about options and attitude since Alan started joining our call. To paraphrase Don R...Read More
Ontario plans to ease applications to harvest tailings, defer up-front environmental assurance payments and broaden mine-closure plans, according to new legislation proposed on Thursday. The ruling Conservatives under Premier Doug Ford say the changes will attract more investment to the province that in 2021 produced minerals valued at more than $11.1 billion, about a fifth of Canada's output....Read More
The numbers are in for mine financings in 2022, and they are disappointing, if not surprising. According to just-released figures from the Prospectors and Developers Association of Canada, global financing for mining last year, combining debt and equity, declined to a dismal US$41.8 billion from US$65 billion the previous year. That's a 50% drop in equity financing (from US$34 billion to US$17...Read More
Emerita Resources (TSXV: EMO; US-OTC: EMOTF) says new high-grade gold and silver results from its La Romanera polymetallic project in southwestern Spain will add key value to the pre-resource deposit.Toronto-based Emerita released assays from seven drill holes at its wholly-owned Iberian Belt West (IBW), comprising three polymetallic deposits and located about 144 km west of Seville, near the bord...Read More
Lithium Americas (TSX: LAC; NYSE: LAC) announced Thursday it has kicked off construction at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada, following the receipt of notice to proceed from the Bureau of Land Management (BLM).The announcement follows a federal court ruling from February rejecting claims that the project would cause "unnecessary harm to the environment or wild...Read More
Tesla executives met last month with Chilean authorities, including the ministers of foreign affairs and mining, as well as representatives for the country's development agency Corfo, as the electric cars maker redoubles efforts to secure supplies of battery metals, particularly lithium.The hearings, local newspaper La Tercera reports, also included executives from Albemarle (NYSE: ALB), the word'...Read More
Chile's SQM (NYSE: SQM), the world's second-largest lithium producer, said on Thursday it had earmarked US$3.4 billion of new capital spending by 2025 to boost its production capacity to 210,000 tonnes of lithium carbonate equivalent a year, from current levels of 180,000 tonnes per year.The hefty planned investment comes as the Santiago-based company reported soaring profits last year on the bac...Read More
As investors rush to put their money into nickel, lithium and other metals set to benefit from the transition to cleaner sources of energy, is another critical mineral being left behind? Through its primary application as solder, tin plays a critical role in the electronics found in every kind of technology. The volumes are small. An electric car may only contain a few grams of tin compared to 8...Read More
Nordstrom Inc. (NYSE:NYSE:JWN) Q4 2022 Results Conference Call March 2, 2023 4:45 PM ETCompany ParticipantsSara Penner - Investor RelationsErik Nordstrom - Chief Executive OfficerPete...Read full newsRead More