This improvement in costs was a result of higher zinc and gold by-product credits and higher copper production, the firm said.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points in pre-opening trade. Micron dropped $2.35 to $59.10 after lowering revenue guidance. Enbridge added $0.45 to Cdn$55.80 on news that Canada and the U.S. are making progress on negotiations to settle the Line 5 pipeline issue. Take Two dropped $3.51 to $122.00 after reporting lower than consensus second quart...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has released an updated resource estimate for the Twin Hills gold discovery in Namibia, which could add more ounces to the company's impending prefeasibility study expected out by September.The new resource (at a 0.5 grams gold per tonne cut-off) holds 2.75 million troy oz. in the measured and indicated categories grading 1.13 grams per tonne in 6.7 milli...Read More
Calgary-based E3 Lithium (TSXV: ETL; US-OTC: EEMMF) recently announced the successful manufacture of a small batch of sorbent, a critical chemical component of its plan to produce battery-grade lithium products at its Clearwater project from brines in the historic Leduc Formation in Alberta.The company, which has developed direct lithium extraction technology as capable of generating more than 90%...Read More
Denison Mines (TSX: DML) has made an improved offer to acquire UEX Corp. (TSX: UEX) after seeing its U.S.-based rival Uranium Energy Corp. (UEC) trump its original bid earlier this week. The new proposal would see UEX shareholders receive 0.32 of a Denison share for UEX share held, representing an implied purchase price of $0.51 per UEX share on a spot basis.Denison said this offer represents...Read More
This week's episode features InTheMoneyStocks.com chief market strategist Gareth Soloway in conversation with host Adrian Pocobelli on recent developments in financial markets. Gareth explains the background of his investment style, while giving his view on the stock market, bonds, currencies, industrial metals, and his $5000 outlook on gold.All this and more with host Adrian Pocobelli.Music Credi...Read More
Foran Mining (TSX.V: FOM; OTCQX: FMCXF) has inked a preliminary deal for a $200-million investment by the Ontario Teachers' Pension Plan Board, for the company's McIlvenna Bay copper project in Saskatchewan.The agreement locks the parties into an exclusivity period deal, with the goal of signing a definitive agreement in the third quarter.The proceeds of the proposed $180-million convertible secur...Read More
Canada's Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) saw its finances shaken in the second quarter of the year due to lower mined grades at its 75%-owned Gibraltar open pit copper mine in British Columbia.The company posted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $1.7 million for the three months ended June 30, a 96% drop when compared to the almost...Read More
Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More
U.S.-based Uranium Energy Corp. (NYSE-AM: UEC) has trumped Denison Mines' (TSX: DML) competing bid for Canada's UEX Corp. (TSX: UEX) after sweetening its original bid.The revised offer gives each holder of UEX shares 0.0890 of one common share of Uranium Energy for each UEX share held. This implies a consideration of about 49 ? per UEX share, versus the prior offer of 43 ? per share, a 14% price i...Read More
Find out what is in store for gold in 2022!The Investing News Network (INN) spoke with analysts, market watchers and insiders about which trends willimpact gold in the year ahead.?oe"Trends?EUR??EUR??EUR??EUR??EUR??EUR??EUR? ?oe" Forecasts?EUR??EUR??EUR??EUR??EUR??EUR??oe" Top Stocks...Read full newsRead More
First Drill Program After ASX Listing Extends High-Grade Gold Mineralisation in Oxide Material Sarama Resources Ltd. (Read full newsRead More
Nancy Pelosi gets to go home. She got a photo op, a ton of press, and, ironically enough, even some grudging kudos from Republicans who typically cast her as a communist archvillain. And then she left. She doesn't have to live in Taiwan, in the shadow of the dragon threatening to consume the small island. She has a mansion in San Francisco (one of the country's most out-of-control housing mark...Read More
The program will address "vulnerabilities" in the domestic critical materials supply chain, which are both an economic disadvantage and an impediment to the clean energy transition, the departmentRead More
Share this articleTORONTO - Centerra Gold Inc. [CG-TSX, CAGDF-OTC] on Wednesday reported a second quarter net loss of US$2.6 million ($0.01 per share) and sharply reduced gold production guidance for 2022.As a result of the suspension of certain activities at the Oksut Mine (Turkey) together with the continuing impact of declining copper prices at the Mount Milligan mine (British Columbia), the co...Read More
Last Thursday, in a stunning moment of bipartisan cooperation, the highly anticipated CHIPS and Science Act cleared the Senate with a vote of 64-33. America's struggling semiconductor industry has finally been granted some much-needed breathing room. Executives from chipmaking giants like Taiwan Semiconductor Manufacturing (TSMC) and Intel could hardly contain their childlike excitement as the de...Read More
We spoke with Don Smith, who is Managing Director of Tempest Minerals Ltd (TEM), an Australian based, mineral exploration Company, with a diversified portfolio of projects, in Western Australia, considered highly prospective for precious, base and energy metals. The Company's 1,000 square kilometers exploration portfolio holds high prospectivity, for a number of commodities, including copper, gold...Read More
The Deep Dive, Released on 8/10/22Joining SmallCapSteve today is frequent guest Todd "Bubba" Horwitz. Todd sits down with us to talk about the US' chances of competing with China in manufacturing semiconductor chips, Taiwan and China, his outlook on commodities, his thoughts on the earnings season, and of course, the Fed and inflation.Todd Horwitz - known as Bubba - is chief market strategist of B...Read More
Bloomberg Live, Released on 8/4/22Jim Rogers, International Investor and Author speaks about his relationship with wealth, his take on current market events and his investment thesis with Bloomberg's Michelle Jamriskoat at the Asia Wealth Summit.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considere...Read More
Palisades Gold Radio, Released on 8/10/220:00 - Introduction0:40 - The Credit Markets3:19 - Italian Debt & ECB5:28 - What Breaks First?6:58 - Money Velocity Matters8:45 - Redefining Confidence10:17 - Spending & Inflation13:44 - Ruble & the Dollar16:37 - More IRS Agents17:57 - BRICS+ Currency & Gold20:39 - Deglobalization22:12 - Metals Sentiment25:33 - Interesting Times28:39 - Treasuries & China34:...Read More