We live in uncertain times, but one thing is (almost) certain: the Fed’s tightening cycle will be followed by an economic slowdown – if not worse.There are many regularities in nature. After winter comes spring. After night comes day. After the Fed’s tightening cycle comes a recession. This month, the Fed will probably end quantitative easing and lift the federal funds rate. Will...Read More
Whether or not you are investing in gold for retirement, it isalways important to be informed. This article will help you decide if investingin gold is the right decision for your retirement. When deciding on what to invest in, one of the most popularchoices is gold. Gold has been used as a currency and an investment forthousands of years, and it continues to be a popular choice for investorstoday...Read More
The move comes after the Canadian government in its national budget set aside C$3.8 billion in April this year for the development of critical minerals, which includes graphite, and highlights how firms are eager to lobby for financial support from government.Northern Graphite is seeking government support in financing the construction of Bissett Creek graphite mine in Ontario and extending the mi...Read More
SSR Mining's share purchase under a normal course issuer bid will supplement the existing base dividend and is part of its capital allocation framework for returning excess cash to shareholders, the firm said.Analysts said the share buy back could be funded from strong cash balances."SSR ended the first quarter with a cash balance of US$999 million excluding restricted cash and we currently model...Read More
The government of Nicaragua created state-owned ENIMINAS to solidify its control over Nicaragua's mining sector in 2017.Read More
"We're cash-rich but could be helped on the resources," Rae said, adding that the company would only be interested in accretive deals.Read More
While not widely recommended by investment advisers it is getting harder to ignore the 200% rise in the price of thermal (electricity producing) coal over the last 12-months, or its 700% riseRead More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesJunior miners will need to increase their decarbonisation efforts in order to remain relevant, International Counci...Read More
Kudz Ze Kayah is an open-pit and underground silver, copper, gold, lead and zinc mine development located approximately 115 kilometres southeast of Ross River, Yukon and 5 km west of the Wolverine zinc mine.The project is anticipated to inject up to C$720 million in capital expenditures into Canadian and Yukon economies over its life, Natural Resources Canada said.The project can now proceed to th...Read More
Editor's Note Tech Talk will appear on Monday despite the U.S. holiday.U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points in pre-opening trade.Volume in U.S. equity markets are expected to be higher than average. Today is quadruple witching day when September equity and index options and September equity and index futures record their last trade date.Ad...Read More
Analysts expect historically high prices for copper, aluminum, nickel, zinc, steel, and other base and precious metals to benefit miners in the year's second half.Credit rating agency Moody's Investors Service expects commodity prices to continue to reflect the risk of supply and trade-flow disruptions, especially if the Ukraine military conflict escalates.Moody's VP and senior credit officer Emil...Read More
Fuelled by the war in Ukraine and ongoing Covid-19 shutdowns, inflation is rising globally. To combat the threat, central banks around the world have been increasing interest rates.Canada's consumer price index reached 6.8% in April. The Bank of Canada increased its overnight and deposit interest rates to 1.5% at the start of June, and its own rate to 1.75%.Inflation in the U.S surged unexpectedly...Read More
Amidst talks of nationalization of mines and stricter regulations for miners in several jurisdictions across South America, Ecuador's Energy Minister Xavier Vera promises a different path as the government aims to put about half-a-dozen projects into construction by 2025. In an exclusive interview with The Northern Miner at an event in Toronto during the PDAC conference, the minister said that...Read More
Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has been awarded a grant of up to $350,000 by Qu?(C)bec's Ministry of Energy and Natural Resources, to advance the company's Manicouagan-Ouest Graphitic Corridor (MOGC) graphite deposit at its Lac T?(C)t?(C)pisca project in Quebec. The grant, which is part of the ministry's five-year plan for developing critical and strategic minerals, will be used to f...Read More
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months of 2022, placing it on course for its best-ever year.The Swiss company expects adjusted operating profit to exceed US$3.2 billion for the first half of the year boosted by soaring commodity prices, supply disruptions and vol...Read More
The world's biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows.According to PwC's 19th annual review of the top 40 mining companies, which examines global trends in the industry, future success will depend on whether global miners can take a leading role in the world's clean energy transition and...Read More
[FREE TO READ] Authorities permitted to keep supplies, if needed, after consumers told to turn off the lightsRead full newsRead More
This article will address an important question: What is the difference between bullion and rounds? We will analyze the major differences and characteristics of both bullion and rounds and conclude by stating which one of the two is the best.What Are Rounds?Rounds are a way to purchase silver and gold online. Rounds are a disc of metal, and there is a design stamped in the middle of the round. Pur...Read More
This article will discuss two precious metals: silver and platinum. We will go through the characteristics of platinum and silver, and state which of the two precious metals is better for a precious metals investor. PlatinumPlatinum is a chemical element with the atomic number 78 and symbol pt. Platinum is usually more valuable than gold, is purer, and has a higher density.Platinum is used in dent...Read More
Are you having difficulty making a choice between gold or palladium? We will discuss both gold and palladium and state which of the two precious metals is better.What is Palladium?Palladium is a soft silvery-white metal that was discovered in the 19th century. Along with platinum, osmium, rhodium, iridium, and ruthenium, palladium is part of the Platinum group metals (PGM), which have a silvery-wh...Read More