CBS Los Angeles, Released on 6/28/22The man conspired to steal and actually stole $224,000 worth of gold and kept Continue... Former cargo handler sentenced to a year in prison after stealing 4 gold bars from LAX shipment added by Herman James on 06/28/2022View all posts by Herman James ?+'Read More
Goehring & Rozencwajg (via Dollar Collapse), Released on 6/16/22One of the most frequent questions we get asked regarding this commodity bull market isContinue... The commodity bull market has only just begun added by Herman James on 06/28/2022View all posts by Herman James ?+'Read More
Gold stocks latest swoon confirms what has been stated and inferred in my previous articles about gold mining shares – namely, gold stocks are a lousy investment.The original article linked in the preceding paragraph was published in September 2016. I just finished reading it again and find no reason to edit or modify its contents.The price of gold peaked in the summer of 2016 – shortl...Read More
Based on a copper price of $3.60/lb and a gold price of $1,700 an ounce, Casino will cost an initial C$3.62 billion in capital and have copper cash costs of $1.Read More
The firm was on schedule to declare an initial mineral resource at Great Bear as part of its 2022 year-end results, it said at an investors presentation of its Great Bear and US mine projects.Read More
Ivanhoe will price the sale of 14.388 million shares at $11.75, at the bottom of its marketed $11.75-12.50 per share marketing range.Read More
Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesKore on June 28 announced that it has signed a heads of agreement for the construction...Read More
RAPAPORT... Digital-marketing expert Ben Smithee, founder of The Smithee Group, joins Rapaport's Avi Krawitz to discuss the rapidly changing media space and how it is impacting the diamond and jewelry industry. In this episode of the Rapaport Diamond Podcast, the two delve into how the trade can use data and content to drive businesses forward with thoughtful, intentional strategic planning. They...Read More
RAPAPORT... Hong Kong jeweler Luk Fook's revenue and profit rose by around 30% to 40% for the full fiscal year that ended March 31, the company estimated.A low base of comparison with the previous year - which saw pandemic-related restrictions - is responsible for the increase during the period, Luk Fook said last week. In fiscal 2021, business in China was weak, and Hong Kong and Macau were on lo...Read More
Blue Horseshoe Ventures launches their new capital-raising platformSPONSOREDblue horseshoe ventures pty limitedAdvancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe CCUS pilot supports the firm's Net-Zero climate change strategy, including the aim...Read More
(Recasts first paragraph, updates prices and dollar bullet) By Pratima Desai LONDON, June 28 (Reuters) - Copper prices slipped on Tuesdayas the dollar rose and recession concerns were back in focus,but hopes for stronger demand after top consumer China relaxedits COVID-19 quarantine mandates provided some support. Benchmark copper on the London Metal Exchange wasdown 0.6% at $8,366 a tonne as of 1...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 11 points in pre-opening trade.Goldman Sachs added $3.22 to $304.00 after the company raised its dividend by 25%. Wells Fargo advanced $0.23 to $40.47 after the company raised its dividend by 20%.State Street dropped $0.51 to $64.70 after Deutsche Bank downgraded the stock from Buy to Hold.Ovintiv gained $2.50 to US$49.7...Read More
Yukon-focused explorer Fireweed Zinc (TSXV: FWZ; US-OTCQB: FWEDF) has rebranded as Fireweed Metals to reflect its metamorphosis into a critical minerals-focused company. The name change follows its early June acquisition of the Mactung tungsten project in Yukon and the Northwest Territories for $15 million. The project is close to the company's flagship Macmillan Pass zinc-lead-silver project, wh...Read More
Alamos Gold's (TSX: AGI; NYSE: AGI) Island gold mine is expected to produce 287,000 oz. gold on average every year from 2026 onwards, which is 22% higher than the company's previous estimate made in 2020 and more than double its 2021 production, according to the miner's Phase 3+ expansion study. The latest study is an update to the Phase 3 expansion study released two years ago and outlines a "...Read More
Western Copper and Gold (TSX: WRN; NYSE: WRN) has shared the feasibility study on its flagship Casino deposit located 300 km northwest of Whitehorse, Yukon. The project is being developed as an open pit mine, with a concentrator processing 120,000 tonnes per day to recover copper, gold, molybdenum and silver, as well as a 25,000-tonne-per-day oxide heap leach facility to recover gold, silver and c...Read More
The USGS has deployed its scientific capabilities and high-tech tools in the global fight against illegal mining.The organization's scientists are playing a leading role in a project involving a collaboration between the U.S. Department of State, U.S. Agency for International Development, United Nations and other governmental and non-governmental organizations working to address conflict mining."U...Read More
This week's episode features the Prospector Portal Thought Leadership panel at the Global Mining Symposium, featuring moderator Emily King, founder, Prospector Portal; Belinda Labatte, CEO, Lomiko Metals; Nolan Peterson, CEO, World Copper; and Martin Turenne, CEO, FPX Nickel. The panel discussed how the mining industry should embrace a strong environmental message to attract talent and investment,...Read More
British Columbia's Britannia Mine Museum has launched a new summer exhibit that takes a nostalgic look back on the recreational activities and social gatherings that built resiliency in its two former remote mining communities; Mount Sheer Townsite and The Britannia Beach, which were isolated from the world and accessible only by boat. It was the late 1880s when prospectors from Texada Islan...Read More
Seabridge Gold (TSX: SEA; NYSE: SA) has released an updated preliminary feasibility study for its 100% owned KSM project located in northern B.C., considered to be one of the largest undeveloped gold projects in the world measured by reserves. The study was prepared by Tetra Tech, the same firm that authored the previous prefeasibility (2016).Compared to the 2016 version, the 2022 study shows a co...Read More
Shares in Ivanhoe Electric (TSX: IE; NYSE-AM), the latest endeavour of mining magnate Robert Friedland, were falling on their trading debut on Tuesday morning after the company raised as much as US$169 million in an initial public offering on Monday.The exploration and development company, which owns properties in Arizona and Utah, along with a battery storage business, sold on Monday almost 14.4...Read More