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Chile Supreme Court rules against Barrick

July 15, 2022 / www.mining-journal.com

Chile's Supreme Court has ratified the definitive closure of Toronto-listed Barrick Gold's US$8.5-billion Pascua-Lama gold-silver project in the South American country.Read More

Weaker Australian dollar keeps Rio costs under control

July 15, 2022 / www.mining-journal.com

Red Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsAlma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesPilbara iron ore shipments increased 5% year-on-year and 12% quarter-on-quarter to 79.9 millio...Read More

Red Dirt Metals: unexpected lithium star

July 12, 2022 / www.mining-journal.com

It seemed at first like a typical backdoor listing, with copper-gold assets being vended to a struggling uranium-tin-tungsten explorer.Read More

Alma Metals targets resource expansion at copper project in Queensland

July 12, 2022 / www.mining-journal.com

Frazer Tabeart, MD of Australia-focused copper explorer Alma Metals, explains the company's enthusiasm for its flagship Briggs, Mannersley and Fig Tree Hill copper joint venture project in Queensland, plus the potential for a new copper province in WA's north.Read More

Tech Talk for Friday July 15th 2022

July 15, 2022 / www.timingthemarket.ca

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were slightly lower following release of economic news at 8:30 AM EDT. Consensus for the July Empire State Manufacturing Survey was a drop of 1.25% versus a decline of 1.20 in June. Actual was an increase to 11.1. Consensus for June U.S. Retail Sales was an increase of 0.8% ver...Read More

Gold Fields unlikely to further sweeten Yamana deal: CEO

July 15, 2022 / www.northernminer.com

South African miner Gold Fields (NYSE: GFI; JSE: GFI) trusts that Yamana Gold's (TSX: YRI; NYSE: AUY) shareholders will back its planned US$6.7-billion takeover of the Canadian gold miner.The proposed merger, which would create the world's fourth-largest gold miner and that is expected to surpass Agnico Eagle (TSX, NYSE: AEM) in a year to take third place, has been criticized by Gold Fields inves...Read More

NexGen's Rook uranium EIS advances to technical and public review stage

July 15, 2022 / www.northernminer.com

NexGen Energy (TSX: NXE; NYSE: NXE) said that the Canadian Nuclear Safety Commission (CNSC) has accepted its draft environmental impact statement (EIS), which it submitted last month, for its Rook I uranium project in Saskatchewan. The CNSC's acceptance has advanced the project into the next phase which will include assessments from provincial and federal authorities, the company said. Alongsid...Read More

CanAlaska discovers new uranium zone at West McArthur project in Saskatchewan, stock surges

July 15, 2022 / www.northernminer.com

CanAlaska Uranium (TSXV: CVV; OTC: CVVUF) has discovered a significant zone of basement-hosted uranium mineralization during its summer drilling program at the West McArthur project in Saskatchewan. West McArthur is a joint venture project with Cameco (TSX: CCO; NYSE: CCJ) the world's largest public uranium company. CanAlaska currently owns about 70% of the JV and is the operator.During the seco...Read More

Wesdome shares fall after miner misses analysts' Q2 forecasts

July 15, 2022 / www.northernminer.com

Shares of Wesdome Gold Mines (TSX: WDO) fell to their lowest in a year after the company reported a "weak" performance in its second quarter and said that it would be re-evaluating its 2022 guidance. The company's total gold production fell by 10% to 27,240 oz. in the second quarter of 2022, compared to 30,375 oz. in the same quarter last year. Wesdome's flagship mine, Eagle River near Wawa, On...Read More

Cost of expansion at Rio Tinto's Oyu Tolgoi rises again

July 15, 2022 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) flagged on Friday a cost increase of $300 million for the ongoing expansion of its massive Oyu Tolgoi copper-gold mine in Mongolia.The world's second largest miner said the cost and schedule reforecast, completed in June, now pegs the total project cost estimate at US$7.1 billion, almost US$1.8 billion higher than its original estimate in 2015. The com...Read More

July 15, 2022 / www.bnnbloomberg.ca

Jaime Leverton, CEO of digital currency miner at Hut 8 Mining, joins BNN Bloomberg and discusses how the company's diversification strategy and strong balance sheet helps the company remain bullish on bitcoin.Read full newsRead More

Red Pine Intersects 68.71g/t gold over 4.72m including 231.5 g/t Gold over 1.06m

July 15, 2022 / bit.ly

TORONTO, July14, 2022(GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to report on new...Read full newsRead More

Rick Rule on where he sees major opportunities in commodities markets right now

July 15, 2022 / marketsanity.com

Wall St. For Main St., Released on 7/15/22During this 50+ minute interview Jason asks Rick about the major risks to the commodities space in the near term as well as where the major opportunities are now that commodities futures have crashed over the last few months. Jason and Rick talk about the gold mining industry, silver miners producing at losses, new M&A in the gold royalty space, which comm...Read More

Jim Willie: Where are we now and where are we heading?

July 15, 2022 / marketsanity.com

Patriot Underground, Released on 7/15/22*The interview begins at 2:20Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.DISCLAIMER: The...Read More

Bix Weir: RED ALERT! Evergande Defaults on DOMESTIC bond as Chinese Home Owners STOP PAYING BANKS!

July 15, 2022 / marketsanity.com

Road To Roota, Released on 7/15/22The Evergrande failure is one of many things that can pop this Global House of Cards and Chinese home buyers are now stopping payment on mortgages by the MILLIONS!! This has lead to a domestic Evergrande bond default which SHOULD trigger a TOTAL DEFAULT by Evergrande. Once that is declared officially by the rating agencies the Derivative Bubble will be hit with a...Read More

Mark Yusko: Stocks Remain Expensive Despite Rising Rates

July 16, 2022 / marketsanity.com

Blockworks Macro, Released on 7/16/22In this week's episode, Mark and I kick things off discussing the Bitcoin market. Could crypto winter be passing and signs of crypto spring be starting to emerge? We then move on to discuss the historic value of equities going all he way back to 1871 vs now in 2022. With still elevated P/E's, is there more pain to come for equities despite rising rates? We draw...Read More

Bob Hoye: Could This Be The Last Fed Rate Hike?

July 15, 2022 / marketsanity.com

Howe Street, Released on 7/15/22Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com. bob hoye, bond market, economy, federal reserve, inflation, interest rates, stock marketBob Hoye: Could This Be The Last Fed Rate Hike? added by Herman James on 07/15/2022View all posts by Herman James ?+'Read More

Zuckerberg Warns That COVID-19 Vaccines are "Experimental" And "Unproven" In a Leaked Video (But Facebook Bans You If You Say The Same Thing)

July 13, 2022 / marketsanity.com

Natural News, Released on 7/13/22"I just want to make sure that I share some caution on this [vaccine] because we just don't know the long-term side-effects of basically modifying people's DNA and RNA to directly encode in a person's DNA and RNAContinue... Zuckerberg Warns That COVID-19 Vaccines are "Experimental" And "Unproven" In a Leaked Video (But Facebook Bans You If You Say The Same Thing) a...Read More

Insane video from China...

July 15, 2022 / marketsanity.com

Citizen Free Press, Released on 7/15/22Robots are replacing Chinese Covid test staffs, giving nasal swab tests on citizens. Chinese citizens have to take daily Covid test to prove they aren't positive to keep their life going on...like this kid.Continue... Insane video from China... added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More

Michael Pento: Peak Inflation Is Not The Issue

July 15, 2022 / marketsanity.com

Pento Portfolio Strategies, Released on 7/15/22While there is still more room to the upside for the Fed Funds Rate, long-term bond Continue... Michael Pento: Peak Inflation Is Not The Issue added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More

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