Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe $25 per share proposal was sent to ASX-listed OZ on August 5 and disclosed on August 8, with OZ rejecting it as inadequate and denyi...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe credit ratings agency said the view is based on Glencore's financial policy and low debt, which allows it the flexibility to absorb...Read More
(Updates prices) By Eric Onstad LONDON, Aug 16 (Reuters) - Zinc prices hit their strongestin two months on Tuesday after production was suspended at aDutch smelter because of high power prices, stoking fears ofshortages. Benchmark zinc on the London Metal Exchange (LME)jumped by as much as 7.2% to its highest price since June 9 at$3,819 a tonne, representing the biggest one-day gain since lastOcto...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Index futures were virtually unchanged following release of the July U.S. Housing Start report at 8:30 AM EDT. Consensus was a decline of 2.5% from June. Actual was drop of 9.6%.The Canadian Dollar was virtually unchanged at US77.49 cents following release of Canada's July Consumer Price...Read More
Pure Gold Mining (TSXV: PGM; US-OTC: LRTNF) management was fielding uncomfortable questions from concerned shareholders during a conference call Tuesday following the company's release of what investors termed a 'tortuous' second-quarter operations update and financial report.While the company cited an expected "significant improvement in production" in the third quarter, it says it remains on tra...Read More
Suddenly, the United States is getting serious about climate change, the green energy transition and the supply of critical minerals needed to make it happen.The Inflation Reduction Act, passed in early August, contains US$430 billion in spending - about US$280 billion of that focused on clean energy incentives intended to fight climate change and speed up adoption of EVs and renewable energy.This...Read More
Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend BMO Capital Markets Metals & Mining analyst Jackie Przybylowski first picked up on during the first quarter this year.On a by-product basis, the analyst attributes the cost inflation mainly to higher primary product commodity prices (which would raise royalty cos...Read More
Galleon Gold (TSXV: GGO) is making progress in permitting of a bulk sample and other activities at its 100% owned West Cache gold project in Timmins, Ont., with the company beginning engineering work that will provide a basis for tendering the mining work and a closure cost estimate and recovery plan as per provincial regulations.West Cache is situated in the western Porcupine gold camp along the...Read More
Benchmark Metals (TSXV: BNCH; OTC: BNCHF) has completed a preliminary economic assessment (PEA) on its flagship Lawyers gold-silver project that presents a robust open pit mining scenario with attractive economics at base case gold and silver prices.The project's after-tax net present value (at 5% discount) is estimated at $577 million, with an internal rate of return of 23.5% and 2.7-year payback...Read More
Magna Mining (TSXV: NICU) has entered into a definitive share purchase agreement to acquire Lonmin Canada (Loncan), whose assets include the Denison project and the past-producing Crean Hill nickel-copper-PGE (platinum group elements) mine, both located in Ontario's Sudbury basin.Magna will pay a total of $16 million for the assets, as per a share purchase agreement between Magna, Loncan and curre...Read More
The reins of global wealth management haven't been in human hands for years now. The vast majority of all trades today are executed by advanced computer programs. Artificial intelligence (AI) has been quietly shaping the world's economy for much longer than most of us realize. And just like a sci-fi movie, the bad guys have the most advanced weapons. BlackRock, the world's largest asset man...Read More
Seasonality is looming for China's bauxite and iron ore markets, as changes in weather at home and abroad will affect the domestic market for both bulks in coming months.Read More
We spoke with Vincent Dub?(C)-Bourgeois, who is CEO and Director of GoldSpot Discoveries Corp. (TSXV: SPOT, OTCQX: SPOFF), a global leader in artificial intelligence and data science, transforming the mining sector. Using artificial intelligence, GoldSpot Discoveries revolutionized the future of global mineral exploration, with a full suite of data and knowledge-driven SaaS tools and services. Gol...Read More
The infection has been spreading for decades now. Nearly every member of the government has been exposed, not to mention most of the population. The symptoms so far have been dependence on foreign energy, taxpayer-funded welfare for massive oil companies, and, most importantly, fear. Its spread has done catastrophic damage to the U.S. economy over the years. To be clear, "China Syndrome" has not...Read More
Zoon Politikon, Released on 8/15/22Jim 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.Jim Willie: Raids Will Reveal The Return Of The Co...Read More
Wealthion, Released on 8/17/22Stephanie Pomboy reacts to today's latest data on retail sales, Fed rate hike outlook, jobs, credit conditions & inflation. In her words, it's difficult to see anything other than stagflation reigning for the rest of the year. Let us know in the Comments section below if you like this kind of real-time reaction from Stephanie to the news of the day. If you do, we'll d...Read More
Wall Street Silver, Released on 8/17/22We sat down with Keith Neumeyer, CEO of First Majestic, to discuss the actual demand for Silver. Furthermore, we talk about the latest news about JP Morgan's criminal trial and more.Keith Neumeyer is the president and CEO of First Majestic Silver, one of the largest primary silver mining companies in the world. He's also the founder and chairman of First Mini...Read More
The Korelin Economics Report, Released on 8/17/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to share his outlook on the gold, silver and GDXJ charts. We discuss the recent bounce over the past month and if it has done anything to change the generally bearish outlook. This also ties into a question asking if the PMs are in a bear market or simply a bull market correction. Also...Read More
The Deep Dive, Released on 8/17/22Returning to the Dive today to sit down with SmallCapSteve is David Morgan from The Morgan Report. Today's discussion focuses on the impact of the inflation reduction act, the inversion of the yield curve, and whether the US cares about its reserve currency status. Also discussed is central banks and whether they know what they're doing, voting habits of the next...Read More
SF Live, Released on 8/17/22In this episode of SF Live, we are welcoming David B. Collum, Professor at Cornell University to talk about how and when the system will break, how to protect your money during a recession, identifying triggers of collapse, and investing in commodities and undervalued stocks.David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and...Read More