The International Longshore and Warehouse Union Canada (ILWU Canada) began strike action on July 1, demanding higher wages at the port and three smaller ports in the province as part of a newRead More
Share this articleVANCOUVER - Galantas Gold Corp. [GAL-TSXV; GALKF-OTCQX] reported results of the first exploration drill hole at the Gairloch project in Scotland. Galantas Gold holds exploration and development rights to the Gairloch Project, a 217 km? mineral licence area in Scotland that covers the Gairloch Schist Belt.Drilling highlights: Cobalt and vanadium, which are part of the UK's list of...Read More
Electric cars aren't for everyone.This is certainly the case for those who require sturdy trucks that have significant towing capabilities. A good friend of mine has been itching to get an electric vehicle for a long time, but he needs something that can tow his 9,000-pound RV.Just take a look at this thing...Even though the high-end Ford F-150 Lightning electric truck claims it can tow up to 10,0...Read More
Meanwhile, the precious metals markets were down slightly, in June, noted an Atrium Research report.MAG Silver Corp. (MAG:TSX; MAG:NYSE American) and its joint venture partner Fresnillo achieved commercial production at their Juanicipio project in Mexico on June 1, 2023, and the new mill has been operating at 85% of its 4,000 tons per day capacity, reported Atrium Research analyst Ben Pirie in a J...Read More
The World SilverSurvey is an annual report published by The Silver Institute since 1990. Itprovides market participants with supply and demand statistics for criticalsectors of the silver market, along with price and trade data.The 2022 World SilverSurvey reported a global silver deficit of 154 million ounces, the mostsignificant since 2015. The 2023 World Silver Survey reported a global silverdef...Read More
The markets just assumed a dovish U-turnin interest rates, thinking that the inflation problem is handled. The below chart features the inflation that’s expected inone year. Yes, you see it correctly.The market expects the inflation to moveto about 1.31% in one year.A bit over 1% in one year… Really?!Here’s the recent CPI (YoY) reading: Long RoadAhead for Inflation Reductio...Read More
As anxiety grips the white metal, is aretest of the 2023 lows or highs more likely? With the Fed’s hawkish crusade helping tosuppress gold, silver, and mining stocks, the permabulls have gonefrom loud to quiet. Moreover, with resilient demand supporting inflation andkeeping the pressure on the Fed, we warned on Mar. 31, 2022, that consumerspending would cause problems for the centr...Read More
Yesterday’s FOMC and the following press conference were groundbreaking. Rates stayed, but Fedsaid about raising them twice this year = no U-turn!This is a game-changer because so manyinvestors were still believing in a quick, dovish U-turn. And those dreams werejust dispelled. The fact that rates were not hiked yesterday doesn’t matter asmuch as the fact that their expected future pat...Read More
China's BYD, the world's leading electric vehicle producer, aims to build a US$290 million lithium cathode factory in Chile, where it can obtain preferential pricing under government plans to developRead More
The agreements contemplate an aggregate value of up to C$115.7 million in expenditures and cash payments to Azimut.Read More
Collective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocThe International Longshore and Warehouse Union Canada (ILWU Canada) began strike action on J...Read More
Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDepirocIn Africa, O'Keeffe was instrumental in creating and then selling Mozambique coal developer R...Read More
(IDEX Online) - The world famous FC Barcelona soccer team is to turn the grass from its Nou Camp stadium into ultra-high priced lab grown diamonds.The pitch will be ripped up during a major renovation which will increase its capacity to 105,000.The grass will be used to produce 1,957 lab growns - a nod to the year the stadium was built.Among them will be a limited edition of 57 one-carat stones, w...Read More
(IDEX Online) - A platinum ring set with a 9.70-ct fancy intense yellow diamond is among the highlights of Bonhams California Jewels auction.The emerald cut VS2 diamond (pictured) is flanked by tapered-baguette diamonds at either shoulder and has an estimate of $60,000 to $90,000.It will be offered for sale at a live auction next Tuesday (18 July) in Los Angeles.Other notable lots include a platin...Read More
(IDEX Online) - Chow Tai Fook (CTF) today reported an increase of almost 30 per cent in its first quarter retail sales value (RSV), following the end of China's zero-tolerance Covid lockdowns.The recovery was much more pronounced in Hong Kong, Macau and other markets, which account for just over 13 per cent of the company's trade, than it was across the mainland.The RSV increase in mainl...Read More
Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining The time has now come to acknowledge that the historically high mining skills shortages - whi...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT. Meta Platform added $2.74 to $293.50 on news that subscriptions to its new product, Threads are nearing 100 million.Fisker dropped $0.35 to $5.65 after announcing plans to issue convertible notes valued at $340 million.Northern Trust slipped $0.67 to 473.65 after UBS downgraded the stock from Buy...Read More
Is Ukraine still a thing for Americans? Of course, a brutal and tragic war is going on there with momentous geopolitical consequences. But do Americans care?Attention spans are short, and Americans have already moved on to stories about political scandals, the next election, and the usual celebrity glamour gloss. Outside of the U.S. warmonger elites and a few critics (myself included), Americans d...Read More
Unbeknownst to economists, the Keynesian bedrock of modern economics using financial repression and government spending funded by debt to manage the business cycle of growth and recession is an artifact of a century of expansive cheap energy and virtuous demographics.Presented as quasi-scientific “laws of economics,” Keynesian policies of suppressing interest rates and funding stim...Read More
Jul 10, 2023 Join Chesapeake Gold for a live market update to discover all their latest achievements and upcoming catalysts.Read More