(IDEX Online) - The Angolan government now has majority stake in Catoca, the world's fourth biggest diamond mine.It transferred part-control from Chinese investors LLI International after a ruling by the attorney general, and it now holds 59 per cent of its shares.The remainder are held by Alrosa, the Russian miner, although it is exempt from US sanctions because it owns under 50 per cent.The...Read More
Recent drilling successes at Filo del Sol have raised industry expectations that Filo del Sol could be a major regional copper resource and developed alongside nearby projects in VicuñaRead More
"The court agreed with PolyMet that the case should be dismissed because project opponents failed to properly serve PolyMet under the Minnesota Rules of Civil Appellate Procedure, and that failure meant that the court lacked jurisdiction," PoyMet said."Barring an appeal to the Minnesota Supreme Court, the ruling lays to rest multiple legal challenges that mining opponents have brought against the...Read More
U.S. equity index futures were higher at 7:30 AM EDT. S&P 500 futures were up 31 points in pre-opening trade.Federal Reserve Chairman continues his testimony today at 10:00 AM EDT before a House of Representative CommitteeTesla slipped $1.77 to $706.49 after Morgan Stanley lowered its target price from $1300 to $1200. Also, the company announced plans to increase production in China.KB Homes a...Read More
The first gold pour at Ascot Resources' (TSX: AOT) Premier gold project in northwestern British Columbia will be delayed by more than one year due to financing issues.On Thursday, Ascot said it still hasn't secured financing for the 2022 building season and as a result some aspects of the project have been decelerated or put on hold. First gold at Premier is now expected at the end of 2023 or the...Read More
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) sold 965 tonnes of graphite, worth US$1.5 million, and produced 1,281 tonnes in May at its Quebec-based Lac des Iles mine, which the company acquired in April. While the sale of the majority of the mine's graphite is contracted on an annual basis, in early June the company received a spot order for 152 tonnes of the material, which Northern Graphite...Read More
Shares of Xtra-Gold Resources (TSX: XTG; US-OTC: XTGRF) rose to their highest in a month on Thursday afternoon as the company reported results from ongoing resource expansion drilling at its wholly-owned Kibi gold project in Ghana.Highlights from the 24 holes released included 77 metres grading 1.59 grams gold per tonne starting from 122 metres in hole KBDD22481; and 43 metres grading 1.57 grams...Read More
1911 Gold (TSXV: AUMB; OTC: AUMBF) has begun tailings reprocessing operations at the True North complex at Bissett, Man., where it expects to process between 170,000 and 190,000 tonnes of historical tailings this year to recover approximately 3,500 to 4,000 oz. of gold.Early in 2022, the company completed a sampling program to characterize the grade, thickness, grain-size and moisture content of...Read More
A few things were top of mind for delegates as they converged on the Metro Toronto Convention Centre June 13-15 for the first in-person Prospectors and Developers Association of Canada (PDAC) convention in more than two years. Excitement about meeting in person again; mild shock at how pleasant a city Toronto can be outside of early March, when the convention is normally scheduled; and despite the...Read More
The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as President Joe Biden's administration seeks to strengthen key domestic supply chains.The funding will also cover geoscience data collection, data preservation, and scientific interpretation of areas with potential for critical...Read More
Shares of Emerita Resources (TSXV: EMO) rose by about 10% in the morning as the company reported its latest, high-grade drill results from the Romanera deposit at its wholly-owned Iberia Belt West project in southwestern Spain.Highlights of the results from drill hole LR002 included 14.3 metres grading 7.61 grams gold per tonne, 311.1 grams silver, 0.4% copper, 2.9% lead and 3% zinc starting from...Read More
Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More
Explore streaming news video about small-cap companies in Canada and the U.S.New videos are produced daily focused on key market news.Read full newsRead More
Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) (Read full newsRead More
In 2006, I hired a young dude who had just graduated from a large Midwestern university. I actually didn't personally hire him but gave the go-ahead to one of our editors who was looking for an assistant to groom (when the term "grooming" was still benign).Everyone told me he was "the smartest guy in the room." Like I said, he was fresh out of college and starting a career far from home. So he s...Read More
Though mining and metallurgical operations in Montana, US were largely unaffected by the flooding this month, key infrastructure including bridges and access roads were impacted.Read More
Wealthion, Released on 6/23/22For Part 1 of this interview, CLICK HEREHere in Part 2 of our interview with macro analyst Luke Gromen, he explains what will happen if the Federal Reserve pivots - as he believes it will - by the end of Q3. Resurging inflation, a weakening US dollar vs other fiat currencies & higher credit yields as the bond market loses its faith in the Fed. And that's just a start....Read More
Wall St. For Main St., Released on 6/24/22Jason Burack of Wall St for Main St interviewed returning guest, author, former hedge fund manager and newsletter writer, Dave Skarica.During this hour plus long interview, Jason asks Dave for his thoughts on the current global macro situation and where the biggest risks to the global economy are? Dave outlines how the Fed helped create a "Risk On" bubble...Read More
X22 Report, Released on 6/23/22Bob begins the conversation talking about inflation, the Fed will not be able to control it and they push into a recession which they already have done. Bitcoin has never experienced a downturn in the markets, this is the first time. The central bank lost control of their plan and Russia pushed them into making a move and announcing the central bank digital currency...Read More
George Gammon, Released on 6/23/22George 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 the a...Read More