Pentwater Capital Management LP, the second-largest investor in Turquoise Hill Resources (TSX: TQR) has increased its stake in the Canadian company while again rejecting Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)'s $43-per-share offer for the 49% of the miner it doesn't already own.The activist investor disclosed it had bought around 1.24% of common stock at $41.01 per share in Turquoise Hill, for...Read More
Mining and commodities giant Glencore (LSE: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the driving force behind electric vehicles (EVs) and concerns over lack of supply continue to grow. The Swiss company would initially include lithium in its zinc and copper business run by Jyothish George and Nick Popovic, two unnamed...Read More
Why is the mining industry struggling to attract young people to replace the droves of older workers who are retiring? Raziel Zisman, a Partner at Whittle Consulting who leads its Sustainable Governance Initiative, believes it's because the industry has made little effort to speak to what really matters for young people: purpose and values. To that end, Zisman has put together the LIAMforum, an...Read More
As a career choice, mining has seen better times.As they contemplate their careers and enter post-secondary education, the focus of young people has been on anything but mining, which, in fact, ranked last in a list of nine career sectors in an Abacus Data poll conducted in 2021 with the Mining Industry Human Resources Council (MiHR)."We had Abacus Data poll 3,000 youth across the country on perc...Read More
The Precious Metals Summit currently underway in Beaver Creek, CO has heard how gold is poised to play an increasingly important role in a changing global geopolitical landscape.During a keynote presentation, Incrementum AG managing partner and investment manager Ronald-Peter St??ferle said gold could be a monetary communication tool between vying blocks. It could become re-monetized because of it...Read More
Ucore Rare Metals (TSXV: UCU; OTC: UURAF) has made "significant strides" in the procurement and construction process of its commercial demonstration plant for testing the RapidSX rare earth element separation technology developed by Innovation Metals Corp. The facility is on track for commissioning in the fourth quarter of this year.The test work, which is taking place at Ucore and Innovation Met...Read More
SilverCrest Metals (TSX: SILV), which is in the midst of commissioning its Las Chispas gold-silver mine in Sonora state, Mexico, said reliability issues with electricity supplies have caused unspecified delays in completing its first metal from the mine.The Canadian precious metals exploration and development company said power supplies to its operations were not "at a steady state", but noted the...Read More
Shares in Tertiary Minerals (LSE: TYM) jumped on Thursday after the junior said it had inked a technical cooperation agreement with First Quantum Minerals (TSX: FM), which would "turbo-charge" its copper exploration projects in Zambia.The deal covers Tertiary's Mukai and Mushima North project, in Zambia's north-western province. It is directly adjacent to First Quantum's Trident project, which i...Read More
Copper Fox Metals (TSXV: CUU; OTC: CPFXF) has suspended plans to complete the proposed 2,500-metre drilling program on its 100% owned Eaglehead polymetallic porphyry copper project in northwestern British Columbia. The property is located 50 km east of Dease Lake, covering a large portion (nearly 165 sq. km) of the Lower Jurassic age Eaglehead stock.The decision to suspend drilling comes as the Ca...Read More
Perhaps while gazing into his crystal ball, Elon Musk managed to predict today's resource crisis with pinpoint accuracy. Under his guidance, Tesla evolved from a relatively unknown niche brand to the world's largest manufacturer of plug-in EVs. Regardless of whether you love or hate his personal brand of insanity, Musk's market foresight is top-notch. Tesla made it through the pandemic relativel...Read More
Biden's recent economic battle against China has been a one-two strategy.First, pump money into previously neglected industries - for best results, make it a lot of money. Next, once the seed is planted, dig a wide moat by banning any business with Chinese competitors.Then, when the newly created domestic industry is on its feet and foreign ties are severed, funnel all that extra demand directly...Read More
Stansberry Research, Released on 9/19/22Considering that the U.S. dollar has gone up 15% on the year, "gold has performed amazingly well," argues Gareth Soloway, president and CFO of InTheMoneyStocks.com. Gareth says that he is a huge gold bull due to the relative performance of gold to the dollar, "and the fact gold is only down 5% with the dollar up 15% says all you need to know." He continues o...Read More
WealthTrack, Released on 9/16/22Grant will discuss the Fed's about-face on inflation, the battle it faces to bring it under control, the implications for financial markets, and two investment ideas for this new investment era. James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author ,...Read More
Future Proof Festival, Released on 9/13/22DoubleLine CEO Jeffrey Gundlach is interviewed by CNBC's host Scott Wapner at the inaugural Future Proof Festival in Huntington Beach, CA. Recorded on September 13, 2022.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strat...Read More
Wolfstreet, Released on 9/17/22It's like a dam broke. And now, higher interest rates and mortgage rates for much longer, with lower asset prices, as the Everything Bubble gets repriced.Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and M...Read More
MiningStockEducation.com, Released on 9/17/22Professional Trader Nick Santiago reveals that he just turned ultra bullish on silver. He believes the bottom is in for silver and that a significant upside move will occur soon. Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private...Read More
Doug Casey's Take, Released on 9/17/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provid...Read More
USA Watchdog, Released on 9/17/22Full interview summary: https://usawatchdog.com/creating-the-worst-socioeconomic-geopolitical-crisis-in-history-gerald-celente/Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the inte...Read More
Liberty and Finance, Released on 9/18/22 (Recorded on 9/15/22)Inflation is not going away, says Alasdair Macleod, head of research at GoldMoney. Rates are going to continue to rise, creating a credit contraction and a move away from fiat currencies. "There is nothing to stop the general public taking the view that they should not hold any form of currency and credit because it's going to buy less...Read More
Daniel Lacalle, Released on 9/18/22Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richto...Read More