(Adds detail on potential of new partners) By Saliou Samb CONAKRY, July 4 (Reuters) - Guinea's mines minister hasordered all work related to the Simandou iron ore mine projectto be halted after the two companies involved missed an extendeddeadline to agree on a joint venture, a letter seen by Reutersshowed on Monday.Rio Tinto's Guinea subsidiary Simfer SA andChinese-backed consortium Winning Conso...Read More
to our United States of America readers. The Bottom LineBase building patterns by U.S. and Canadian equity indices continue. Historically, broadly based North American equity indices reach the bottom of the U.S. Presidential cycle in June during the second year of the President's mandate. History is repeating. Earnings and Revenue Outlook for S&P 500 companiesConsensus earnings esti...Read More
In an effort to raise additional funds to continue operations at its Pumpkin Hollow copper mine in Nevada, Nevada Copper (TSX: NCU; OTC: NEVDF) has agreed to terms with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments for a loan of up to US$70 million by way of a new tranche extension to the existing senior credit facility with KfW. The funding would be provided by P...Read More
The Dow Jones Industrial Average fell 403.42 points or?EUR?1.2% to 31,097.26 and the S&P 500?EUR?fell 86.4 points?EUR?or 2.25% over the week?EUR?to 3,825.33.?EUR??EUR? Shares of Mosaic Company rose by US62 ? or 1.3% to US$47.23 as the company reported higher potash sales and revenue in May compared to April. It sold about 744,000 tonnes of potash in May, compared to 692,000 tonnes in the previo...Read More
Over the June 27 to July 1 trading period, markets continued their downward trend, with the S&P/TSX Composite Index falling 201.55 points or 1.06% to 18,861.36; the S&P/TSX Global Mining Index dropping 4.4 points or 4.6% to 95.06; and the S&P/TSX Global Base Metals Index retreating 6.65 points or 4.3% to 153.14. The S&P/TSX Global Gold Index fell 18.54 points or 7.07% to 262.16 and spot gold ended...Read More
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26.Among the top gainers in terms of value for the period was Angus Gold, which gained 25 ? per share or nearly 24% to $1.01. During the week, Angus closed a non-brokered private placement of five million flow-through shares at $1.15 for a total of $5.8 million. Delbrook Capital Ad...Read More
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the Georgia Lake property comprises 1,042 hectares of mineral leases and 56.9 sq. km of mineral claims within the Thunder Bay mining district.Rock Tech began the drill program in 2021 in support of an ongoin...Read More
Boris Johnson's government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will be heavily criticized by environmental groups, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.Coal mining has always attracted mixed emotions. The imminent planning decision on Wo...Read More
The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for electric vehicle (EV) batteries and wind turbines.The Critical Minerals Intelligence Centre (CMIC), to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for...Read More
Share this article VANCOUVER - SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] said Tuesday it has completed the first pour of silver and gold at the company's Las Chispas project in Sonora, Mexico.The first precious metal pour was completed on June 30, 2022, and consisted of 312 kilograms of dore with approximately 9,200 ounces of silver and 100 ounces of gold, the company said in a press releas...Read More
We spoke with Nick Luksha, who is Executive VP of Prospect Ridge Resources Corporation (CSE: PRR, OTC: PRRSF, FRA: OED) a Canadian mining company with two properties in British Columbia: the flagship district-scale Knauss Creek and the Holy Grail property properties. The Holy Grail Property claim block has 12 past-producing high-grade gold and silver hard rock mines, within a 15km radius. In addit...Read More
Gold Newsletter, Released on 7/5/22How long will the US dollar last in light of the record inflation we have seen this year? James Turk, founder of Goldmoney and writer of the Free Gold Money Report, explains that the US dollar is in the closing stages of a long-term bubble and elaborates on the role technology will play in the future of currency.Brien Lundin serves as president and CEO of Jeffers...Read More
Gold Silver (w/ Mike Maloney), Released on 7/5/22How much more did your July 4th food supplies cost this year? Just how much value has the dollar lost? Which countries are cooking up a plan to compete with the US dollar as a world reserve currency? And most importantly....what can you do to protect yourself? All this and more in today's update from Mike Maloney.?>>?GoldSilver is one of the most tr...Read More
Peak Prosperity, Released on 7/5/22PART 2 of this video (Episode 68) can be found at Peak Prosperity using the following link: https://peakprosperity.com/?utm_sourc...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity...Read More
CNBC, Released on 7/5/22Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, joins CNBC's 'Squawk Box' to weigh in on the Federal Reserve's response to inflation and what it means for markets.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global inves...Read More
George Gammon, Released on 7/4/22Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, a...Read More
Liberty and Finance, Released on 7/4/22Metals analyst David Smith sees super-spikes in critical metals. But silver could outperform them all, he says, and notes the recent decline in price below $20 does not change anything. He suggests having an investing strategy and to stick with it. Do not react to the noise, he says, and stick to your own convictions.0:00 Intro1:18 Sub-$20 silver3:49 Strategy...Read More
The LaRouche Organization, Released on 7/5/22The mission of the U.S., as defined by the Founding Fathers, has been subverted, by global corporate cartels which promote anti-American policies of neoliberal economics and neoconservative foreign policy. It was not founded to be an enforcer of a Unipolar empire, imposing policies which benefit the City of London and Wall St. looters. We must rediscove...Read More
Study Finds, Released on 7/4/22Survey reveals that 2 in 3 young adults don't know who America declared its independence from in 1776!Continue... SURVEY: 2 In 3 Young Adults Have No Idea Who USA Declared Independence From added by Herman James on 07/05/2022View all posts by Herman James ?+'Read More
Summit News, Released on 7/5/22From tomorrow, all new vehicles sold in the EU will have mandatory black boxes fitted that record technical data and will be accessible by authorities, greasing the skids for surveillance-powered speed limiting technology.Continue... From Tomorrow, All New Vehicles in the EU Will Have Surveillance Black Boxes added by Herman James on 07/05/2022View all posts by Herma...Read More