(IDEX Online) - A British jewelry store will close this weekend after an astonishing 277 years in business, at the same address.Thurlow Champness, in Bury St Edmunds, Suffolk, (pictutred) was established by watchmaker George Lumley back in 1745. He also sold clocks, watches, diamond jewelry and gold pieces.Current owner Trevor Salt is retiring 40 years in the business and says there is nobody to h...Read More
(IDEX Online) - The Star-Orion South diamond mine, in Canada, will be put on care and maintenance at the end of this year, following disagreements between joint venture partners Rio Tinto Exploration Canada Inc. and Star Diamond Corp.Rio Tinto said in a statement that it was reviewing its options and warned it could pull out of the project completely. Star Diamond said it was disappointed.Both sid...Read More
"This was 4,000 ounces shy of our 30,300 ounces estimate," said analysts at Toronto-based Desjardins.Read More
U.S. equity index futures were higher this morning. S&P 500 futures down 55 points in pre-opening trade.U.S. equity index futures moved lower following release of the U.S. June Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 1.1% versus a gain of 1.0% in May. Actual was an increase of 1.3%. On a year-over-year basis, consensus was an increase of 8.8% versus a gain of 8.6% in...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF) has reported high-grade nickel and copper assay results from its Tamarack nickel project in Minnesota. The drill results come from CGO East, an area of 500 metres by 900 metres outside of the nickel project's defined resource area.Highlights from eight infill holes included 6.56 metres grading 2.95% nickel and 1.01% copper starting at a depth of 133.60 metr...Read More
Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is selling its nickel assets to Archer Exploration (CSE: RCHR) in an all-share deal worth $53.6 million.The company said it wants to focus on its core gold projects Fenelon and Martiniere, and is selling its Grasset and RUM projects in Quebec and its Sudbury and NW projects in Ontario.Under the deal, Wallbridge will receive about 198.6 million common sh...Read More
Belgium-based Umicore, a circular materials technology firm, plans to invest $1.5 billion to build a manufacturing plant in Ontario for cathode active battery materials and their precursor ingredients. The company aims to start construction in 2023 and kick off operations at the end of 2025, with the goal of supplying battery components to about 1 million electric vehicles a year by 2030.?EUR? U...Read More
As economies around the world decarbonize, the increasing demand for electric vehicles and green energy storage technologies is driving a boom in the exploration and development of technology-metals deposits, among them lithium, cobalt, nickel, and rare earths. Here are eight mining companies supporting the global transition to a clean energy future. CANADA SILVER COBALT WORKSThe Castle mine wa...Read More
Osisko Metals (TSXV: OM; US-OTC: OMZNF) has released an updated preliminary economic assessment (PEA) for its wholly owned Pine Point base metals project located near the town of Hay River, NWT. The study was prepared in collaboration with independent engineering firms BBA, WSP Canada and Hydro-Resources.The objective of the PEA was to integrate updated long-term prices for zinc and lead, increase...Read More
Rock Tech Lithium (TSXV: RCK; US-OTC: RCKTF) has signed a framework agreement with an unnamed global car maker headquartered in Germany to supply lithium hydroxide over an initial five-year period.Rock Tech is building a lithium hydroxide converter in Germany (Guben, Brandenburg), and expects to start production there in 2024. The facility is forecast to have a production capacity of 24,000 tonnes...Read More
Dundee Precious Metals (TSX: DPM) has scored a win in Ecuador as a local court upheld the validity of the company's environmental permits for exploration at its Loma Larga gold underground project.The Judicial Labour Unit of the southern city of Cuenca also reaffirmed Dundee's mining concessions, by ruling that the mining ministry had not violated certain rights relating to the protection of wate...Read More
Cash-strapped Pure Gold Mining (TSXV: PGM; LSE: PUR) has kicked off a strategic review process that could involve a potential sale or merger of the company, a sale of all or part of its gold mine in Ontario, or other long-term financing options.The evaluation is being conducted with "the objective of maximizing shareholder value and the value of the Pure Gold mine in Ontario," the Canadian miner s...Read More
Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR, TSX- V:SWA) is pleased to provide an update on the planned +50,000m drilling program at its 100%-owned(4), multi-million ounce Sanutura Project (the "Project") (news release dated May 12, 2022). The drilling program was designed to material...Read full newsRead More
FireFox Gold Corp. (TSX.V:FFOX)(OTCQB:FFOXF)(Read full newsRead More
Guys like Elon Musk and Larry Ellison like to talk a lot of smack about California.And while criticisms of overzealous regulation and high taxation are credible, I still love the Golden State.In fact, I was in the Bay Area last weekend and loved every second of it...The food, the people, the tremendous views of golden-hour sunsets over the ocean.California is a magical place. It's also an incredib...Read More
Silver Bullion TV, Released on 7/14/22SBTV spoke with Charles Nenner, founder of the Charles Nenner Research Center, about how cycles affect the markets. Charles believes that individual actors in the market has no control and that long-term cycles are the determinants of market behavior.00:00 Introduction01:38 Market volatility04:32 Higher interest rates and inflation to come06:43 Historical cycl...Read More
Fat Tail Investment Research, Released on 7/14/22In this interview, Jim Rickards responds ?>>??>>??>>?to large German Landlord Vonovia reducing heating for its tenants at night to conserve gas usage. Rickards explains this extreme action is?>>??>>? symptomatic of what's going on in Germany as a whole, in relation to Russian gas prices.Jim Rickards is a lawyer, investment banker and economist with...Read More
Liberty and Finance, Released on 7/14/22Gold and silver markets are melting down along with the general equity markets. Join us live with Lobo Tiggre who has been warning of the possibility of such a drop in markets. Is now the time to buy? Stay tuned!Lobo Tiggre, aka Louis James, is a legendary speculator and was Doug Casey's prot?(C)g?(C) at Casey Research for almost 14 years, until early 2018....Read More
Gold Silver (w/ Mike Maloney), Released on 7/14/22The bond market is flashing a big warning sign... For the first time in 40 years, the annualized real yield of bonds is negative. That means bonds, typically viewed as a "safe" investment, aren't protecting investors' portfolios like they used to. In fact, they're not even yielding enough to keep up with inflation. Best-selling author, Mike Maloney...Read More
Wealthion, Released on 7/14/22Here at the mid-point of 2022, investors are assessing the terrible first half of the year and wondering what the second half will bring. And as we peer ahead right now, the stormclouds outnumber the sunbeams. Measured inflation remains hot. And recession and stagflation are on everyone's lips - it seems a foregone conclusion to many at this point. The Fed remains com...Read More