U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points in pre-opening trade. Investors are waiting for an update on monetary policy by the Federal Reserve to be released at 2:00 PM EDT.Index futures were virtually unchanged following release of the June Durable Goods Orders report at 8:30 AM EDT. Consensus was a slip of 0.4% versus a gain of 0.8% in May. Actual w...Read More
Shares in Canada's uranium major, Cameco (TSX: CCO; NYSE: CCJ), gained nearly 10% on Wednesday after the company reported higher core profit than expected amid an uptick in uranium prices.The Saskatoon, Sask.-based company said headline profit per share more than doubled to 18 ?, compared with analyst forecasts calling for a loss of 1 ?.Revenue for the three months ended June increased 55% year-on...Read More
NorthWest Copper Corp. (TSXV: NWST; US-OTCQX: NWCCF) has released a new mineral resource estimate on the Lorraine project, about 40 km. from the company's Kwanika-Stardust project in Central B.C.The June 30 technical report draws on drilling completed between 1949 and 2009 and calculates an indicated resource of 12.9 million tonnes for 156,093 lb. of copper, grading at 0.55% copper and 0.66% coppe...Read More
Mining financier and entrepreneur Lukas H. Lundin has died in Geneva at the age of 64, following a two-year battle with brain cancer. The Swedish-Canadian Lundin, known for his shrewd business sense and willingness to take risks, was born in 1958 in Stockholm. Lundin learned the natural resource business from his father, the late Swedish resource magnate Adolf H. Lundin and founder of the Lundin...Read More
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada's largest diversified miner, has announced its chief executive officer, Don Lindsay, will step down after 17 years in the role.Lindsay, who will leave by the end of September, will be replaced by two executives in what the company calls "the culmination of a multiyear succession process." Chief financial officer Jonathan Price will take over...Read More
Australia's Lucapa Diamond (ASX: LOM) has recovered a rare 170-carat pink diamond at its prolific Lulo mine, believed to be the largest of its kind found in Angola in the last 300 years.The massive pink stone named the "Lulo Rose" will be sold later this year through an international tender conducted by Angolan state-owned diamond trading firm Sodiam.Lucapa has a 40% stake in the Lulo mine, whic...Read More
Anglo American posted underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$8.7 billion, down 28% from $12.Read More
Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) President and CEO Don Lindsay has informed the company of his intention to retire, effective September 30, 2022, following 17 years in the role. In a press release, the Vancouver mining giant said Jonathan Price will succeed Lindsay as CEO, and Harry "Red" Conger will become President and Chief Operating Offi...Read More
$1.02 billion...That's now the amount of the total Mega Millions jackpot after no one won on Tuesday.If you were to play now and win and you took the entire amount in one lump sum, you would actually end up with $602.5 million. And depending upon where you live, the taxes on that could get as high as 48%, which would leave you with about $313 million.That's a bit frustrating to be sure, but s...Read More
We spoke with Belinda Labatte, who is CEO of Lomiko Metals Inc. (TSX.V: LMR), a graphite and lithium exploration and development Company in Quebec, on a mission to build a major new energy platform in Canada. Lomiko holds a 100% interest, in its La Loutre graphite development, in southern Quebec, located within the Kitigan Zibi Anishinabeg (KZA) First Nations territory, close to infrastructure, wi...Read More
Aclara Resources is a development-stage, rare earth, mineral resources Company, located in Chile, with an objective to become a strategic supplier of the critical Heavy Rare Earth Elements (HREE), while also supplying key magnet, Light Rare Earth Elements (LREE), in order to support the widespread use of renewable energy technologies and the increased adoption of EVs, globally. Aclara is initiatin...Read More
Oxbow Advisors, Released on 7/28/22 Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience in finance on the Asian, Australian, European and US markets and has held senior positions at several international investment houses, including Robert Fleming, UBS and Credit Suisse. Since...Read More
Palisades Gold Radio, Released on 7/27/22Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 m...Read More
BNN Bloomberg, Released on 7/28/22Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An...Read More
The LaRouche Organization, Released on 7/27/22Trapped by the failed axioms which are imposed by government officials and those who dictate their policies, the downward plunge of western economies continues. Join with the LaRouche movement to end the immoral stupidity which is driving this collapse.Harley Schlanger's work can be found at The LaRouche Organization and The Schiller Institute.Harley...Read More
The Scott Horton Show, Released on 7/28/22 (Recorded on 7/22/22)Scott is joined by Jeff Deist, the President of the Mises Institute, to discuss the bizarre economic moment we are living through. Deist puts into perspective the historic levels of economic stimulus that the Federal Reserve injected into the economy in 2020. The intervention was unprecedented in both scale and speed, and we're alread...Read More
X22 Report, Released on 7/27/22 (Recorded on 7/26/22)Bob begins the conversation talking about the farmers on how they are rising up around the world, and one thing you don't do is mess with farmers. The economy is in a recession and no matter what Biden and the puppet masters do to make it seem like we are not in a recession this has failed. The central bank agenda has failed, gold, bitcoin and e...Read More
George Gammon, Released on 7/27/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More
TradersChoice.net, Released on 7/28/22Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Cor...Read More
Silver Bullion TV, Released on 7/28/22SBTV spoke with Dave Kranzler of Investment Research Dynamics about the consequences of the Fed hiking rates beyond the current low percentages. At some point, the Fed has to decide between saving the economy and triggering a financial apocalypse in massively overvalued markets.00:00 Introduction01:25 MOVE Index warning of turbulence ahead08:11 Yield curve con...Read More