Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsThe five-year warrants...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade.Canadian focus today is on the Bank of Canada's announcement at 10:00 AM EDT. Consensus is that the Bank of Canada will raise its lending rate to major Canadian banks by another 0.75% to 4.00%.Alphabet $GOOGL dropped $5.00 to $99.56 after reporting less than consensus third quarter reven...Read More
Fatih Birol is the executive director of the International Energy Agency (IEA). He's a doctorate-level engineer with a strong background in energy, power systems and energy economics.He has followed global energy markets for about 30 years and is worried that:The world has never witnessed such a major energy crisis in terms of its depth and its complexity. I believe we might not have seen the wors...Read More
Gas prices have been rising again over the past few months. And you can expect them to shoot even higher after the upcoming midterm elections. Here's a major reason why, preceded by some background...The Strategic Petroleum Reserve (SPR) was established by President Ford in 1975 in the wake of the first Arab Oil Embargo in 1973 and a quadrupling of oil prices from 1973-1974. The idea was to protec...Read More
The Chilean government has presented a bill to the Senate's Mining and Energy committee that "significantly reformulates the mining royalty bill," the finance ministry said in a statement on Tuesday.Finance Minister Mario Marcel said recent discussions have helped "find an alternative that better balances out the goals of the collection with growth and the industry's development."The bill proposes...Read More
First Quantum Minerals (TSX: FM) has reported considerably lower third-quarter financial results, citing margin compression because of a declining copper price, cost inflation, and challenged performance from its Kansanshi copper mine in northwestern Zambia.The Toronto-domiciled base metals major reported that headline earnings fell 72% quarter-on-quarter from US$337 million in the second quarter...Read More
Denison Mines (TSX: DML; NYSE: DNN) has filed its environmental impact statement (EIS) with the Saskatchewan Ministry of Environment and the Canadian Nuclear Safety Commission, reaching another milestone for its Wheeler River uranium project in northern Saskatchewan. The EIS outlines the company's assessment of the potential effects (including applicable mitigation measures) of the proposed in-si...Read More
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has discovered a new zone to the west of operations at its Pallancata silver-gold mine in southern Peru.The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery "has the potential to secure the medium-term future of the Pallancata mine."Highlights from the discovery include 17.6 metres grading 8.5...Read More
Earlier this month Mantoro Precious Metals (TSXV: MNTR; US-OTC: MSLVF) reported results from the first drill hole at the La Escarcha gold deposit on its Golden Hill project in Bolivia, 140 km northeast of Santa Cruz, the country's second-largest city.The first drill hole returned 4.69 metres of 5.15 grams gold per tonne starting 171.5 metres downhole, including 2.2 metres of 9.38 grams gold, in dr...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESEmpress Royalty Corp. (TSXV:EMPR)(OTCQB:EMPYF) (Read full newsRead More
Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF) (Read full newsRead More
Compares the sizes of the largest global precious and base metals markets.Read More
A lot of politicians will claim it's about environmentalism...But really it's not.Don't get me wrong. I'm all for integrating cleaner electricity generation options into our grid, but the catalyst for the global transition away from fossil fuels has very little to do with the environment.And yes, it is actually happening. According to 2021 data analysis from Bloomberg, either wind or solar photov...Read More
Wall St. For Main St., Released on 10/27/22During this 40+ minute interview Jim Rickards talks about how the Fed will not pivot in his opinion until at least early 2023 and how a lot more rate hikes are coming in November and December 2022. This will most likely cause a stronger US Dollar and more damage to emerging markets and other large financial entities, like pension funds, who will probably...Read More
The Jay Martin Show, Released on 10/27/22Publisher of the Trends Journal Gerald Celente gives his overview of the political landscape in the United States and it's not pretty. Gerald argues that corporations now rule the country while ordinary citizens are nothing more than pawns on a chessboard for the global elite to use and discard as it suits them.00:00 Introduction01:12 What Made the US a Sup...Read More
Kitco News, Released on 10/27/22Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday's preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline. 0:00 - Q3 GDP7:46 - Money supply12:00 - Quantitative easing20:00 - Fed pivot?27:00 - Inflation31:34 - Housin...Read More
SF Live, Released on 10/27/22Fund Manager Lawrence Lepard discusses the fundamentals for and why precious metals, bitcoin, and oil are about to blast off. He also discusses the composition of his fund and more. Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on...Read More
Wealthion, Released on 10/27/22In the wake of the 2008 Global Financial Crisis, central banks drove interest rates down to unprecedented lows and kept them there for the better part of a decade. The world economy then became addicted, some would say dependent, upon a zero-cost capital world. But now inflation is forcing interest rates to rise sharply around the globe, at the fastest pace on record...Read More
Liberty and Finance, Released on 10/26/22 (Recorded on 10/25/22)Demand for physical metal has been extreme, almost completely wiping out wholesalers and depleting the major exchanges' reserves. "I would be surprised if there is metal available for fiat [currency] by the end of the year," says Bill Holter, contributor at JSMineSet. He believes a major economic crisis is ahead. The coming crisis is...Read More