Alma Metals targets resource expansion at copper project in QueenslandSPONSOREDalma metalsMining Journal and MiningNews.Net: Mongolia Country SupplementSPONSOREDRumble in the outback, "zinc elephant sighted"SPONSOREDrumble resourcesRed Dirt Metals: unexpected lithium starSPONSOREDred dirt metalsThe big miner reported a strong June quarter, including a 25% jump in copper production, a 52%...Read More
This follows the bank's move to commit up to US$25 billion in foreign currency reserves from July 18 to the end of September to defend the value of its slumping peso currency.Read More
Under the renewed revolving credit facility, the interest rate paid on drawn amounts and standby fees will be adjusted based upon Wheaton's performance in three sustainability-related areas.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points in pre-opening trade. Index futures were virtually unchanged following release of the June U.S. housing starts report at 8:30 AM EDT. Consensus was an increase to 1.585 million units from 1.549 million units in May. Actual was an increase of 1.559 million units.IBM dropped $5.97 to $132.16 despite reporting h...Read More
Asante Gold (CSE: ASE; US-OTC: ASGOF) has increased its Ghana-based Bibiani gold mine's measured and indicated resources by about 26% to 2.3 million ounces and improved its mine life from six years to 8.3.The latest technical report, which the company says has been "prepared to the level of confidence of a prefeasibility study," is an update to the project's feasibility study filed in 2018 and its...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit.The agreement in principle sets a partnership between Barrick, the Balochistan provincial government (where the project is located) and Pakistani state-owned enterprises, the company said on Tuesday.The operation wil...Read More
Tudor Gold (TSXV: TUD) has delivered new, high-grade gold results from its 2022 exploration program at its flagship property, Treaty Creek, located in the heart of British Columbia's Golden Triangle. The program began in early May, with 30,000 metres of diamond drilling planned.The new drill results reported are from eight diamond drill holes, four of which were drilled at the Goldstorm deposit, a...Read More
This week's landmark 300th episode features a close-up look at several bellwether mining stocks with host Adrian Pocobelli. Have mining stocks double-topped? Why do the top mining companies by market cap have double-digit dividends? Should mining stocks be held for long periods of time? Gain greater insight into some of the surprising numbers of the world's biggest mining companies in this week's...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is seeking to accelerate construction at its US$5.7-billion Jansen potash project in Saskatchewan as high gas prices and sanctions on key exporters continue to disrupt global supplies of fertilizers.The world's largest miner had originally planned to kick off production at Jansen in 2027. Markets conditions, however, have prompted it to attempt bringing forward...Read More
The current and consensus forecast copper price levels are insufficient to incentivize the new supply that will be needed as the world moves to a fully electrified economy, a senior Stifel GMB analyst tells The Northern Miner.According to Egizio Bianchini, vice-chairman and Stifel's head of metals and mining investment banking, the copper industry's average price and company valuation multiples bo...Read More
All week long, we've had the privilege of gazing deeper into the kaleidoscope of space than any generation before. Cosmic cliffs, sparkling galaxies, gleaming stars, distant planets, and even evidence of water and clouds... It's all on display in the first images to be relayed from the James Webb Space Telescope.The James Webb Space Telescope is the most powerful space telescope in history. It bo...Read More
The London and Johannesburg-listed company said the mine is continuing to operate following the July 13 attack at the Muaja village area, which is 30 kilometres from Montepuez by road.Read More
Share this article TORONTO - Belo Sun Mining Corp. [BSX-TSX] shares jumped 57% on Wednesday after the company said the Supreme Court of Para State in Brazil has overturned a previous decision to suspend the construction and environmental licenses at its flagship Volta Grande gold project in Brazil.The previous decision was that the construction and environmental licenses would be suspended until...Read More
Back in 2019, Hyundai unveiled the most ambitious concept vehicle I've ever seen. Behold the Hyundai Elevate, the world's first four-legged driving machine. Like most early-concept cars, it was a fun talking point at CES 2019, but the odds of it entering production were slim to none. I doubt anyone expected to drive this thing anytime soon. After a few months, the project faded from the public's...Read More
We spoke with McKinsey Lyon, VP of External Affairs, and with Chris Fogg, Investor Relations Manager, of Perpetua Resources Corp. (Nasdaq: PPTA, TSX: PPTA). Perpetua Resources, through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district, of central Idaho. They are encompassed by the S...Read More
USA Watchdog, Released on 7/20/22Armstrong explains, "Our computer is predicting a 'war cycle' that hits in 2023, but that is also civil unrest. So, you are looking at revolutions and etc. because of inflation. Our projection on oil is that it is going to go up dramatically into 2023. It's going to be the same thing, I think, for gasoline prices. This is just not over yet. The euro looks like deat...Read More
Kitco News, Released on 7/20/22Jim Rogers offers his analysis of the latest movements in stocks, gold, and commodities. He argues that 'in a few weeks' we should expect to see a 'positive development' when it comes to the Ukraine conflict, and this might cause a rally in stocks. He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at the FreedomFest 2022 conference in Las...Read More
Wall Street Silver, Released on 7/20/22Dave Kranzler returns to the show to talk about the latest economic event and why he believes the fed will go back to printing more money. Furthermore, we talk about the Gold and Silver markets and what he believes will happen next.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a l...Read More
Jay Taylor Media, Released on 7/19/22Chris Powell, Gold Anti-Trust committee, explains gold suppression and discusses the overall market damage caused by the anti-free market activities of central banks.Chris Powell is Secretary and Treasurer of GATA, the Gold Anti-Trust Action Committee. gata, gold manipulation, silver manipulationChris Powell: Central Bank Gold Price Rigging Is No Conspiracy!...Read More
Wealthion, Released on 7/20/22As governments increase their debt, servicing that debt becomes a bigger and bigger problem. That's especially true if the pile of debt is growing much faster than the underlying economy, which has been the case for decades. This forces central banks to print more new currency in order to enable their governments to handle the debt service payments. But once inflation...Read More