Fission Uranium (TSX: FCU) discovered the Triple R uranium deposit at its Patterson Lake South (PLS) project in Saskatchewan in 2012 - a year after the Fukushima nuclear plant disaster in Japan decimated the uranium market. But following a decade in the "wilderness," uranium stocks are now finally on the upswing, benefitting from growing recognition of nuclear energy's place in limiting global te...Read More
The Dow Jones Industrial Average fell an astonishing 1,232.01 points or 4% to 29,590.41 during the Sept. 19-23 trading week, while the S&P 500 fell 180.1 points or 4.7% to 3,693.23. Finding value gainers was challenging in a dark week for markets as heightened geopolitical uncertainty, stubbornly high inflation readings and briskly rising interest rates continued to rankle investors. Nexa Resourc...Read More
Stocks were pummelled over the Sept. 19-23 trading period as investors fled, fearing a global recession brought on in part by central banks raising interest rates to quell inflation. The S&P/TSX Composite Index fell 904.9 points or 4.7% to 18,480.98. The S&P/TSX Global Mining Index slid 3.7 points or 4.1% to 85.99, and the S&P/TSX Global Base Metals Index dropped 10.2 points or 6.6% to 144.2. The...Read More
The S&P/TSX Venture Composite Index closed the Sept. 19-23 trading week at 578.06 points, down 51.99 points or 8.3% as markets reacted to the increasing likelihood of a recession. Some juniors, including Northern Shield Resources, managed to buck the trend. Northern Shield shares rose 91.7% to end at 12 ? after reporting visible gold in a sample from its Root & Cellar project in southeastern New...Read More
Following the receipt its land use permit last month, NorZinc (TSX: NZC; US-OTC: NORZF) has now received a new water licence from the government of Northwest Territories for an expanded 2,400-tonne-per-day mine plan at its Prairie Creek project, completing the permitting process for its mine operation."The receipt of the water licence represents a substantial milestone for the company with respect...Read More
Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence (www.miningintelligence.com). TNM Drill Down Sept. 16-23.Tempus Resources (TSXV: TMRR; ASX: TMR), Rupert Resources (TSXV: RUP) and Tombola Gold (ASX: TBA) scored the top gold drilling results for the week of Sept. 16-23 w...Read More
The union at Antofagasta's (LSE: ANTO) Los Pelambres copper mine in Chile has rejected the company's most recent contract offer and launched a strike threat.In a media statement, the Board of the Supervisors Union of Los Pelambres said that even though at first glance the company's proposal seems attractive, it doesn't include all the demands presented by the workers and is far from what was expec...Read More
After months of elevated inflation, investors are expecting big moves from the Federal Reserve today.Analysts at Nomura Securities wrote last week that the Fed will jack up short-term rates to a range of 3.25%-3.5% today - and will end up increasing rates to as high as 4.75% by next year. The federal funds rate now hovers in a range of 2.25%-2.5%.Federal Funds Rate - 40 YearsAs a result, billiona...Read More
Gold has always occupied a more prestigious place in our imagination and attracted a far-higher price than silver, so widely seen as a runner-up that it symbolizes second place. (You may have heard silver referred to as "poor man's gold"; when was the last time you heard gold described as "rich man's silver"?)Gold (and silver) still prestigious in our imaginations Echelon Capital Markets analyst G...Read More
Blencowe executive chairman Cameron Pearce noted the entry to the DFS stage comes two-and-a-half years after the project acquisition."Graphite demand is growing fast as forecast and as the market becomes increasingly more aware that there are very few new graphite mines scheduled to commence production in the near term this demand-pull will potentially drive further price rises ahead, particularly...Read More
Share this article TORONTO - Osisko Mining Inc. [OSK-TSX] has released new exploration results from its 100%-owned Windfall gold project in Eeyou Istchee James Bay, Quebec.The company said drill hole OSK-22-1109-W2 targeted the projected down plunge extension of Lynx 4 high grade zone at a vertical depth from surface of 1,670 metres. The hole successfully intercepted significant widths of high-gr...Read More
Africa has long struggled with food insecurity, and those struggles have been exacerbated by soaring fertilizer prices coupled with more consistent extreme weather conditions as a result of climate change - two issues that are unlikely to let up anytime soon.Fortunately, new innovations in food technology could provide a respite to Africa's food insecurity dilemmas, and investors are betting big t...Read More
The market is wrong about oil. As I write, the price of a barrel of West Texas Intermediate crude fell to $77, down from $120 in June. Brent crude sells for $84 a barrel, down from $127 in March. And natural gas in Louisiana trades for $6.75 per MMBtu, down from $9.68 per MMBtu in August.These prices are all down due to global fears of demand destruction coupled with the draining of the Strategic...Read More
Peak Prosperity, Released on 9/27/22Christopher 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.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Ch...Read More
TradersChoice.net, Released on 9/27/22Gregory 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
The Technical Traders, Released on 9/27/22Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic. Chris Vermeulen, gold, precious metals, silverChris Vermeulen: The Precious Metals Breakdown and What To Expect added by Herman J...Read More
GoldCore TV, Released on 9/27/22Our chat with Steve St. Angelo is a must-watch for anyone wondering how we got to this point in the energy market and how it plays out from here. We ask Steve how much of a difference the war in Ukraine has made, or if sanctions have made things worse. Ultimately, we ask, what are the real causes of the global energy crisis? Steve shines some light upon how the impa...Read More
Wealthion, Released on 9/27/22The US dollar has strengthened so much and so quickly this year that it has become a juggernaut, trampling pretty much every other asset What repercussions is this creating? And how much longer is it likely to continue? For answers, we turn to market analyst Gordon Long, who just issued a report on this exact topic this morning.Mr. Long is a former senior group execut...Read More
Business Tech, Released on 9/22/22In this Business Talk interview, Rogers discusses how the Russia/Ukraine conflict has had a major impact on the global economy. He speculates that the situation could ultimately necessitate even harsher measures than those taken in the past to combat ballooning inflation rates.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the f...Read More
Stansberry Research, Released on 9/26/22Today, gold is best positioned as wealth insurance, according to Mark Yaxley, managing director at Strategic Wealth Preservation. There is a misconception that gold correlates to inflation but really, "it reacts to interest rate-hikes and recessionary environments," says Mark. "Gold is still outperforming the equites market," he continues. "The U.S. dollar i...Read More