The Q1 production record stood at 55,602 tonnes of copper in concentrate and, as previously announced, Ivanhoe expected to hit the upper end of its 2022 copper production guidance of 290,000-340,000t. First ore was introduced on March 21 to the milling circuit of the phase-two 3.8-million-tonne-per year concentrator plant, which Ivanhoe said was four months ahead of the original development s...Read More
Base metals prices on the London Metal Exchange were up across the board on the morning of Tuesday April 12, while those on the Shanghai Futures Exchange were mainly weaker, as they followed the weakness seen on the LME on Monday.* United States 10-year treasuries yields continue to climb - and to weigh on market sentiment* Today’s focus is on consumer prices (CPI) and their inflationary impl...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. Index futures moved higher following release of the March Consumer Price Index at 8:30 AM EDT. Consensus was an increase 1.1% versus a gain of 0.8% in February. Actual was an increase of 1.2% On a year-over-year basis March Consumer Price Index consensus was an increase of 8.4% versus a...Read More
The military junta that took control of Guinea in September is heaping pressure on multinational miners to refine raw bauxite, a raw material used to make aluminium, to more advanced materials before export.In a recent research note released by CRU Group's senior analyst, Anthony Everiss, the junta has asked the companies to present the mines ministry with proposals by the end of May with a precis...Read More
Barrick Gold (TSX: ABX; NYSE: Gold) aims to start producing copper and gold from its Reko Diq project in Pakistan's Balochistan province in 2027, the company's CEO Mark Bristow said at a conference call on Tuesday. The project, which was suspended in 2011 due to a dispute over the legality of its licencing process, is expected to have an initial capital cost of about US$7 billion - according to...Read More
Having recently optioned the former Gasp?(C) copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of copper mineralization near the past-producing Mount Copper open pit.The drill campaign will be divided into two phases: Phase 1 (10,000 metres) is primarily designed to evaluate extent of near-su...Read More
Having recently completed its environmental assessment (EA) process with the government of Newfoundland and Labrador, Marathon Gold (TSX: MOZ) says the federal EA for its Valentine project is also approaching a ministerial decision.Site-specific permitting pertaining to provincial jurisdiction, including acquisition of mining lease, has already commenced. Concurrently, Marathon has been notified...Read More
Western Australia-focused gold producer Novo Resources (TSX: NVO; OTC: NSRPF) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG's share capital, to a corporation controlled by Canadian mining investor Eric Sprott. Pursuant to arm's-length negotiations, Novo will receive total consideration of $125.9 million, representing a 9.3% premium to NFG...Read More
Zeb Nickel (TSXV: ZBNI; US-OTC: ZBNIF) has discovered a new gold zone at its at its namesake nickel project located in Limpopo, South Africa. Two out of the eight drill holes from its recently completed program intersected high-grade gold, the company said. The gold zone is located adjacent to and beneath the nickel and platinum group element (PGE) mineralized zones of its flagship project....Read More
Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia.The U.S. car producer has committed to making all-electric vehicles by the end of the decade, setting the goal of having 30 new EVs models, equivalent to 1 million electric cars, in the market by 2025."...Read More
This week's episode features Ana Gabriela Juarez, president of CTA Environmental Consultants and founder of WIM Central America. Ana discusses her work as the president of an environmental consultancy focused on mining, as well as the challenges women face in the mining industry, particularly in South America. She also describes some of the educational initiatives WIM Central America has undertake...Read More
Lahontan Gold Corp. (formerly, 1246765 B.C. Ltd.) (theRead full newsRead More
According to a recent Associated Press-NORC Center for Public Affairs Research poll, most Americans are giving Biden far more credit than they should.About 40% are giving him far more credit than they should for prices at the pump, in particular.The simple fact of the matter is that Biden's administration has less control than it wants. And far less control than Americans think it has.A historic o...Read More
Share this article VANCOUVER - Barrick Gold Corp. [ABX-TSX, GOLD-NYSE] said its Nevada Gold Mines operation is investing in a 200-megawatt solar power plant designed to accelerate its decarbonization program by reducing greenhouse gas emissions. No cost details were revealed in Wednesday's press release.Nevada Gold Mines, established in July 2019, is owned 61.5% and operated by Barrick Gold. Newm...Read More
We spoke with Dave Anthony, who has recently been appointed the President and CEO of Asante Gold Corporation (CSE: ASE, FRANKFURT:1A9, U.S.OTC: ASGOF). Asante is a gold operating, exploration, and development Company, with a high-quality portfolio of projects in Ghana, Africa's largest and most reliable gold producer. Asante is focused on developing and operating gold projects, including the Bibia...Read More
What keeps a billionaire 274 times over awake at night?At first thought, it doesn't seem like much would have tech magnates like Elon Musk burning the midnight oil while anxiety and dread sink in. Care to see it for yourself?Believe it or not, it's one simple chart that's haunting Elon Musk. It's a chart that immediately puts Tesla's head honcho into panic mode. You see, it's not the first time...Read More
Rice TVx, Released on 4/13/22On this episode, I am joined for the 11th time by Lynette Zang aka DataGirl. LZ is the Chief Market Analyst for ITM Trading. We discuss the new CPI data that was released and where she thinks we are headed financially. Topics include Russia/Ukraine, Federal Reserve tapering, LIBOR, crude oil and energy, coming food shortages, the US dollar as the World Reserve Currency...Read More
Liberty and Finance, Released on 4/13/22Gold and silver are rallying. Chris Vermeulen of The Technical Traders joins us live to see what is going on in the metals today.Chris 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. Ch...Read More
USA Watchdog, Released on 4/13/22Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. economy, inflation, markets, warThe West Needs WWIII -...Read More
The Jay Martin Show, Released on 4/13/22Gary Wagner the editor of the Gold Forecast discusses why you should be investing in YOU and commodities.Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer of "The Gold Forecast," a daily video newslett...Read More