Resource Capital Funds, a Denver-based private equity company focused on mining, is buying the rest of NorZinc (TSX: NZC) to boost its Prairie Creek zinc project in the Northwest Territories.RCF will pay about $12.7 million for the 51.7% of NorZinc shares it doesn't already own, and supply an additional US$11 million in credit for the project, the companies said in a statement this week. NorZinc w...Read More
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is merging with Canadian junior Cornerstone Capital Resources (TSXV: CGP) to secure a 100% ownership of the Cascabel copper-gold project in the South American country.The friendly deal, SolGold's third official attempt to take over the Ontario-based junior, values it at ?96.7 million (US$107.9 million).Under the terms of the agreement, Cornerstone sh...Read More
Collective Mining (TSXV: CNL; US-OTC: CNLMF) reported "robust" drilling results nearly doubling the width of the Main Breccia discovery at its Guayabales gold project in Colombia.Diamond drill hole APC-14 at the Apollo target extended the southern dimension of the Main Breccia discovery, increasing its overall width by 90%, Collective Mining said in a news release. It showed 1.36 grams per tonne g...Read More
Silver remains a prime target for mineral explorers and miners, and platinum group metals (PGM) such as platinum and palladium are of increasing interest due to their use in electric vehicles and fuel cell technologies. Here is a look at eight juniors exploring for and developing silver and PGM projects. BRAVO MINING Bravo Mining's Luanga project in Brazil. Credit: Bravo MiningBased in Canada an...Read More
Canadian company Trevali Mining's 90%-owned subsidiary in Burkina Faso has filed for liquidation, effectively kicking off a gradual shutdown process that includes the disposal of all assets in the country.The miner said a liquidator will be appointed by the west African country's Judicial Tribunal of Commerce in the coming days, which will assume responsibility for the management of the affairs of...Read More
Are ESG ratings for miners clear enough? Are ESG principles clearly understood by most people? What role can digital transformation play in mining?Theo Yameogo, sector leader for EY Americas & EY Canada Mining & Metals joined a conversation centred on the evolution of ESG and digital transformation at The Northern Miner's Q3 Global Mining Symposium on Sept. 29.Towards unified principlesThe current...Read More
Chile's environmental regulator SMA filed four charges on Thursday against Lundin Mining (TSX: LUN) for a giant sinkhole that appeared in July above an underground copper mine operated by the Canadian miner in the country's north.The main infractions are related to extraction of ore beyond the permitted limits and construction outside of environmentally approved zones, the SMA said.The charges co...Read More
Filo Mining (TSX: FIL; OTC: FLMMF) has provided results for one additional drill hole completed at its Filo del Sol project in San Juan, Argentina. The hole, FSDH067, was drilled into the Aurora zone, about 100 metres northwest of an earlier hole (FSDH058) that returned 1,251.5 metres at 0.56% copper, 0.41 gram gold per tonne and 6.6 grams silver from 100 metres down.Hole 67 has now followed up t...Read More
Horizonte Minerals (TSX: HZM; AIM: HZM) said construction costs for its Araguaia nickel mine in northern Brazil have increased by 12.6% to US$537 million, up from the previous US$477 million estimate, due mostly to inflationary pressure.Horizonte started building the Araguaia nickel mine, which it acquired from Glencore in 2015, in May and remains on schedule."The company has also opted to invest...Read More
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral potential.The US$16-million, five-year, government-funded project will employ NASA's Airborne Visible/Infrared Imaging Spectrometer high-altitude earth remote sensing platform and MODIS/ASTER Airborne Simulator to collect hyperspectral data ov...Read More
South African miner Harmony Gold (NYSE: HMY; JSE: HAR) is expanding into the coveted copper market with the acquisition of Copper Mountain Mining's (TSX: CMMC; ASX: C6C) Eva project in Australia, in a deal worth US$230 million.The company said the project, situated in Queensland, adds 1.7 billion lb. of copper and 260,000 oz. of gold to its mineral reserves. It also helps Harmony Gold take a firm...Read More
USA Watchdog, Released on 10/8/22"You are going to get guaranteed higher inflation. . . . The Fed is damned if it does and damned it is doesn't. . . . The day of reckoning is finally here. We have this massive inflation problem, and there is nothing that governments and the central banks can do to solve it because up until now, inflation has been their solution for every problem. Now that inflatio...Read More
Wall Street Silver, Released on 10/8/22Jim Rogers returns to the show to discuss if Interest rates will rise again and what it would mean for the Gold & Silver markets. Furthermore, we discuss inflation numbers, the possibility of a central bank digital currency, the fed's next move, and more.Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% ret...Read More
The Jay Martin Show, Released on 10/8/2200:00 Introduction00:28 Was the Silver Squeeze a Success?03:58 Exposing Silver Manipulation08:48 Silver's Growing Industrial Demand11:23 Incoming Demand Drivers15:43 Planning for the Future21:52 Constructing a Silver Portfolio26:11 Silver as an Insurance Policy28:06 Silver Sentiment33:22 Performance of Silver MinersDavid Morgan is a world-renown precious met...Read More
Goldseek Radio, Released on 10/8/22Dr. Marc Faber, of the Gloom, Boom, Doom Report, is accumulated silver mining shares as a relative value amid financial uncertainty. Our guest makes a compelling case for precious metals to remain an attractive investments for years to come, as many of the geopolitical factors will favor safe haven investments. Investment portfolio diversification should include...Read More
Fox Business, Released on 10/6/22Peter Schiff and Charles Payne discuss the price of gold and why investors are beginning to realize the Fed will need it as it loses its fight to inflation.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. H...Read More
Rebel Capitalist, Released on 10/7/22Brien Lundin serves as president and CEO of Jefferson Financial, Inc., a highly regarded producer of investment-oriented events and publisher of investment newsletters and special reports. Under the Jefferson Financial umbrella, Mr. Lundin serves as publisher and editor of Gold Newsletter, the publication that has been the cornerstone of precious metals advisor...Read More
Palisades Gold Radio, Released on 10/8/220:00 - Introduction1:10 - Inflation Outlook5:20 - Resource Investment8:00 - Fed Policy & Intervention11:28 - Sixty Trillion Wiped13:14 - Rates & Time Lag20:40 - Gold Vs. Currencies23:44 - Miners & Capital Flows30:42 - Price Distribution Model35:00 - Wrap UpRonald-Peter St??ferle is Managing Partner and Fund manager at Incrementum AG, based in the Principali...Read More
Wall St. For Main St., Released on 10/7/22Jason Burack of Wall St for Main St interviewed returning guest, gold fund manager Lawrence Lepard.Over 200 articles, audio podcasts & interviews with experts exclusive for Patrons with 45 new articles & audio podcasts out in the last 31 weeks (and over 12 in the last 10 weeks)! Plus, you are helping keep the free content free so it doesn't all end up behi...Read More
Zero Hedge, Released on 10/8/22Russia's state Investigative Committee has put out a statement saying at least three civilians died as a result of the attack on the Crimean Bridge, which was likely a fertilizer-laden truck bombing. "According to preliminaryContinue... "Declaration Of War Without Rules": Ukraine Celebrates Crimea Bridge Blast added by Herman James on 10/08/2022View all posts by Herm...Read More