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Thor Explorations shapes up for cash flow growth

October 12, 2022 / www.mining-journal.com

"This has been another record quarter of production at Segilola, beating our Q3 2022 guidance by over 1500oz," Thor president and CEO Segun Lawson said, noting that it was done during the rainyRead More

UEC to buy Rio's Roughrider uranium asset

October 12, 2022 / www.mining-journal.com

The deal is made up of $80 million in cash and $70 million in UEC stock, UEC said. The cash portion isfully funded from $173 million of cash and liquid Assets on the balance sheet.Read More

No Diamonds in EU Sanctions on Russia

October 12, 2022 / www.diamonds.net

RAPAPORT... The European Union (EU) has excluded diamonds in its latest round of sanctions against Russia.The new package, which the Council of the EU released last Thursday, extends certain trade bans and imposes restrictions on imports of "elements used in the jewelry industry, such as stones and precious metals," the bloc said in a statement.However, it does not curb imports of diamonds, source...Read More

GIA Advertorial: Full Disclosure at Your Fingertips

October 12, 2022 / www.diamonds.net

Distinguishing natural diamonds from laboratory-grown stones has been difficult for jewelers. Until now.The Growing Popularity of Laboratory-Grown DiamondsLaboratory-grown diamonds are increasingly available in greater quantities, higher quality and new colors at price points that many find attractive. It is no wonder then that laboratory-grown diamonds are a growing presence in the marketplace, w...Read More

Economic Uncertainty to Impact Online Holiday Spending

October 12, 2022 / www.diamonds.net

RAPAPORT... US e-commerce is expected to grow at a slower pace this holiday season due to inflation and a challenging economic environment, according to Adobe Analytics.Sales will rise 2.5% year on year to $209.7 billion over the November-to-December period, Adobe predicted in its annual holiday shopping forecast Monday. That gain is lower than the 9% year-on-year increase in 2021, when consumers...Read More

Sheffield flashes a green light at Thunderbird

October 12, 2022 / www.mining-journal.com

Sheffield Resources is forging ahead at the Thunderbird ilmenite and zircon project, as executive chair Bruce Griffin explains.Read More

US Jewelry Sales Rise in September

October 12, 2022 / www.diamonds.net

RAPAPORT... US jewelry sale increased in September even as other luxury categories lost steam, according to Mastercard SpendingPulse.Revenue for the category grew 7% year on year during the month, Mastercard reported last week. The rise comes despite the effects of inflation, which influenced a 5% decline in sales of luxury products excluding jewelry. Overall retail spending climbed 11% in Septemb...Read More

Diamond Tycoon set to Rule Lesotho

October 12, 2022 / www.idexonline.com

(IDEX Online) - A diamond tycoon from Lesotho scored a surprise victory in the nation's polls last week.Sam Matekane, the richest man in the poverty-stricken African mountain kingdom, came closer than anyone expected to an overall majority and is expected to form a coalition government.He founded the pro-business Revolution for Prosperity (RFP) party, just seven months before the elections, w...Read More

Rio Tinto bets on scandium, titanium metal

October 12, 2022 / www.mining-journal.com

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio Tinto and the Canadian government have announced investments of up to C$737 million (US$537 million) over the...Read More

Tech Talk for Wednesday October 12th 2022

October 12, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. Index futures moved lower following release of the September Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a drop of 0.1% in August. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 8.4% versus a gain of 8.7% in August...Read More

Paradigm Shift!

October 11, 2022 / dailyreckoning.com

Today we reckon from the viceful and sinful city of Las Vegas, Nevada.It is here that worldly temptation tugs from all sides. Devils perch on every shoulder and the most atrocious carnalities besiege the delicate senses.How a man of virtue can escape the place's remorseless gravity we do not know.We have observed repeated violations - at times egregious and unrepeatable violations - of Commandment...Read More

Kenmare HMC output rises in third quarter

October 13, 2022 / www.mining-journal.com

As a result of the stronger production in Q3 2022, following weaker than anticipated production in H1, Kenmare expects production of finished products to be at or around the bottom of its 2022Read More

CMC Metals reports over-subscribed financing

October 13, 2022 / www.canadianinvestor.com

Share this article VANCOUVER - CMC Metals Ltd. [CMB-TSXV, CMCXF-OTCQB, ZM5P-Frankfurt] said Thursday it has raised $1.4 million from an over-subscribed private placement financing. Subject to TSX Venture Exchange approval, the company will issue 4.97 million flow-through units at 18 cent per share and 3.2 million non-flow- through units at 16 cents each.Net proceeds from the sale of the flow-thro...Read More

Investing in the Electric Bus Juggernaut

October 13, 2022 / www.energyandcapital.com

$972 million.That's how much Amazon (NASDAQ: AMZN) just ponied up to electrify its European fleet of delivery vehicles. With this single investment, Amazon will more than triple its fleet of electric delivery vans.The company says transitioning its fleet to electrified vehicles will help it reach its goal of producing net-zero carbon emissions by 2040.While that's all well and good, Amazon i...Read More

Jim Rickards: Fed, stocks, the economy, supply chain, inflation, Ukraine, Russia, China and more

October 11, 2022 / marketsanity.com

The Julia La Roche Show, Released on 10/11/22Best-selling author Jim Rickards joins Julia La Roche on episode 21 of the podcast to discuss his outlook on why a severe recession is coming and how to prepare for it.0:00 Intro0:44 Views on the global economy1:35 U.S. 'almost certainly' in a recession3:08 What's coming is a 'very severe' recession3:43 Supply chains breaking down4:50 Bloated inventorie...Read More

Marc Faber: A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It

October 13, 2022 / marketsanity.com

Wealthion, Released on 10/13/22Dr Marc Faber returns to the program to provide his latest macro outlook. Marc is a PhD in economics, author and long-time Editor & Publisher of the Gloom Boom Doom Report. It's quite pessimistic, as Marc sees the combination of 'too much debt', asset bubbles, a moribund global economy, and smoldering social unrest resulting from historic levels of wealth inequality...Read More

George Gammon: New CPI Number Shocks Market...

October 13, 2022 / marketsanity.com

Rebel Capitalist, Released on 10/13/22George 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 t...Read More

Robert Kiyosaki Slams Joe Biden & Makes Bold Predictions About The Economy

October 13, 2022 / marketsanity.com

Valuetainment, Released on 10/13/22Patrick Bet-David sits down with Rich Dad, Robert Kiyosaki. In this interview, they talk about Joe Biden, American entrepreneurship, and the coming market crash.Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales fro...Read More

Marc Faber - Don't Be Greedy and Get Some Gold!

October 12, 2022 / marketsanity.com

Silver Bullion TV, Released on 10/12/22SBTV spoke with Dr. Marc Faber, publisher of the Gloom, Boom, and Doom Report, about the risks people, are exposing themselves to when they overlook buying gold by only seeking investments with the biggest gains. "Everybody needs to hold some gold!", says Dr. Marc Faber.00:00 Introduction03:12 ECB's theft through negative interest rates05:19 The government ma...Read More

Danielle Park: US Dollar, Interest Rates, Inflation, Real Estate

October 12, 2022 / marketsanity.com

Howe Street, Released on 10/12/22Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she wa...Read More

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