"U.S. Consumer Prices Blow Away Expectations, Rise For 27th Straight Month"… "The Hottest U.S. Inflation in 40 Years Shows Little Sign of Cooling Off"… “Stocks Tank After August Inflation Data"…There is but a sample of today's fevered headlines.The August Consumer Price Index (CPI) came issuing this morning. It revealed that consumer prices increased 0.1% since July.We migh...Read More
U.S. Gold Corp. submitted its Permit to Mine Application and Reclamation Plan to the Wyoming Department of Environmental Quality, starting the formal steps for project review by Wyoming State Authorities CHEYENNE, Wyo., Sept. 14, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) a gold exploration and development company, today reported that it...Read More
As the energy revolution gathers momentum, so too intensifies the pressure from the investment community on miners to create net-zero emissions operations that produce sustainable upstream products feeding the new green economy, a panel heard during the Precious Metals Summit in Beaver Creek, Colo.According to Jamie Keech, executive chairman of Vida Carbon Corp., a pool of about US$39 trillion of...Read More
Quebec, more than any other province in Canada, has been ahead of the curve in working to join the EV economy. Its vast hydroelectricity infrastructure gives it an advantage in clean, low-carbon energy that is essential to "green" manufacturing, and it has supported the nascent battery industry with significant public investment. It was also the first to outline plans for critical minerals explora...Read More
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) has earmarked US$143 million to finish migrating its upstream mine waste storage facilities in Brazil, where two major tailings tragedies occurred in recent year, to dry-stack operations.The South African miner is investing close to US$42 per oz. on transforming its tailings dams built using the upstream method to comply with the country's new legal...Read More
NorZinc (TSX: NZC; OTC: NORZF) has initiated a feasibility study level metallurgical test program on its Prairie Creek project located in the Dehcho region of the Northwest Territories. The program will be conducted by SGS Canada, a leading technical services provider, with the objective of finalizing milling parameters and performance characteristics for the first three to five years of planned...Read More
A court in Burkina Faso has found two managers of Canada's Trevali Mining (TSX: TV; US-OTC: TREVF) guilty of involuntary manslaughter after a flash flood trapped and killed eight miners in April at the company's Perkoa zinc operation in the west African country.The managers, arrested in late August, received different sentences, according to local news agencies.Hein Frey, the mine's general manag...Read More
If Osisko Mining's (TSX: OSK) two Lynx bulk sample programs to date are anything to go by, the market should expect substantial resource reconciliation upside once mining gets started in just over two years, says company president Mathieu Savard.Savard told the Precious Metals Summit currently underway in Beaver Creek, Colo., that the company is on track to release the results of the third bulk sa...Read More
Minto Metals (TSXV: MNTO) has submitted a proposal to the Yukon government with respect to furnishing the $21 million increase in security costs required for the Minto mine site through a "progressive approach." The Yukon government and Selkirk First Nation, on whose territory the mine is located, are currently reviewing the proposal for its adequacy in addressing the security gap.In January 2022,...Read More
Petra Diamonds (LSE: PDL) said on Tuesday it would resume paying a dividend and launch a US$150-million debt-cutting plan after stronger prices fuelled by sanctions on Russia's Alrosa, the world's top diamond miner by output, boosted its full-year profit.The South African diamond producer posted a 219% increase in adjusted basic earnings a share to US42.9 ? for the 12 months ended June.Revenue rea...Read More
Flying Nickel Mining's (TSXV: FLYN; US-OTC: FLYNF) flagship Minago project in Manitoba is expected to have an industry-leading low carbon footprint, lower than 99% of existing global nickel production, according to a study by Skarn Associates, a metals and mining ESG research company.When in operation, the Minago project is expected to produce 0.99 tonne of carbon dioxide (CO2) per tonne of nickel...Read More
This week's episode features Ore Group founder and chairman Stephen Stewart on where things stand for the mining industry in the second half of 2022. Stephen discusses Canada's opportunity in the context of global geopolitical events, as well as the need to reform Canada's mining regulatory bodies. He also shares his favourite commodities.All this and more with host Adrian Pocobelli."Rattlesnake R...Read More
In January, Chifeng Jilong Gold Mining Co. acquired Canada's Golden Star Resources and its Wassa gold mine in Ghana. Now the Chinese gold miner is investing A$49.3 million (US$33.9 million) for an 8% stake in West Africa-focused Tietto Minerals (ASX: TIE). Tietto is developing its Abujar gold project in western Cote d'Ivoire and says it's on track to deliver first gold in the fourth quarter of th...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has resumed operations at its Los Filos mine in Mexico, which were halted last week as the result of a blockade by members of the nearby Mezcala community.The company said that following an initial meeting with local leaders, obstructions to supply and transport to and from the mine ended. Operations resumed on Sept. 10.The Vancouver-based miner noted it would...Read More
(TheNewswire) VANCOUVER, BRITISH COLUMBIA TheNewswire - September 13, 2022 (TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (Read full newsRead More
Share this article VANCOUVER - Gold Mountain Mining Corp. [GMTN-TSXV, GMTKNF-OTCQB, 5XFA-Frankfurt] has outlined the start-up challenges it has faced at its 100%-owned Elk gold project near Merritt, British Columbia.During the second quarter ended July 31, 2022, the company mined 7,101 tonnes of ore and delivered 557 ounces of gold. The company said ore mining was slowed during the quarter as the...Read More
Check out this recent tweet from Elon Musk...I'm a huge electric car bull, and I disagree with this premise.I think it's bigger than that.The reality is that it won't be long before we view gasoline cars the same way we view horses and buggies today.Sure, internal combustion vehicles still work, but in terms of technology, they're absolutely headed toward the dustbin of history.Not that internal c...Read More
Wealthion, Released on 9/15/22Jim is concerned we may be heading into a recession+liquidity crisis similar to what we experienced during the 2008 GFC. A financial crisis spreads just like a virus does. The contagion equation is the same. Shifts in narrative/confidence can cause fear to spread quickly - sometimes creating the bad outcome it's afraid of (e.g., a run on the bank). Or sometimes the op...Read More
The Deep Dive, Released on 9/15/2200:00 Introduction00:20 Is the NFT market still a risk-on environment?01:52 Should we take the NFT market seriously?03:13 The Fed's upcoming interest rate announcement05:29 What's next for meme stocks?09:08 Gareth's trade ideasGareth Soloway is a professional trader with over 20 years of experience and the President, CEO, & Chief Market Strategist for InTheMoneySt...Read More
Palisades Gold Radio, Released on 9/15/220:00 - Introduction0:20 - Age and Wisdom5:13 - Moscow Gold Standard12:32 - Paper Drives Physical17:07 - Article - Dead Period23:20 - Jackson Hole Speech27:40 - Destroying Demand33:30 - Redefining & Hubris35:53 - Complacency & Authority39:52 - Changing Your Thinking43:00 - Crypto Mortgages48:37 - Article - Silver Factor53:06 - Wrap UpKnown primarily by his n...Read More