CBS News, Released on 3/15/23The shipment originated in San Francisco and was headed toward Hong Kong. The X-ray showed the densityContinue... Nearly $68,000 in gold found hidden in clothing shipment cargo at the Port of Cincinnati added by Herman James on 03/16/2023View all posts by Herman James ?+'Read More
Sprott Money, Released on 3/15/23The biggest story of 2023 is not a function of IF the Fed will pause and then pivot to rate cuts. Continue... Craig Hemke: Economy Heads South, Gold Heads North added by Herman James on 03/16/2023View all posts by Herman James ?+'Read More
Defense Metals Corp. says updates to its 3D geological model of its rare earth element project in British Columbia are a "project milestone."Updates to Defense Metals Corp.'s (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) 3D geological model of its Wicheeda rare earth element (REE) project in British Columbia have been completed.The model now includes over 10,000 meters of new drilling in 47 holes completed i...Read More
These new data support "our view that the company is defining a nickel camp" in Ontario, Canada, noted a Research Capital Corp. report.Initial metallurgical results are in for Canada Nickel Co. Inc.'s (CNC:TSX.V;CNIKF:OTCMKTS) Reid property northwest of Timmins, Ontario, and they are "impressive" and "very promising," reported Research Capital Corp. analyst Adam Schatzker in a March 15 research no...Read More
An earlier bulk sample from Omineca Mining and Metals Ltd.'s Wingdam project yielded almost 12 pounds of gold.Omineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) has successfully entered the placer gold-bearing paleochannel at its flagship Wingam underground project in British Columbia.Workers saw visible placer gold on entering the paleochannel or buried remnant of an inactive river or stre...Read More
World Copper Ltd. released an updated mineral resource estimate (MRE) for its 100%-owned Zonia copper project in Arizona.World Copper Ltd. (WCU:TSX.V; WCUFF:OTCQB) has released an updated mineral resource estimate (MRE) for its 100%-owned Zonia copper project in Arizona.The total resources have increased by about 90% to about 198 million tons from a 2017 estimate, with contained metal increasing b...Read More
Goldstorm now hosts an indicated resource of 641.9Mt grading 1.13gpt gold equivalent containing 18.75Moz gold, 112.44Moz silver and 2.18Blb copper for 23.37Moz of gold equivalent.Read More
Gold Fields will have a two-thirds interest and be the operator, with AngloGold having a one-third interest in the proposed JV. The government of Ghana will retain its 10% interest in Tarkwa.Read More
The Critical Raw Materials Regulation sets targets for the domestic supply to meet at least 10% of the EU's annual consumption for extraction, 40% of processing, and 15% of recycling, of critical rawRead More
'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limitedIris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdArizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc."P...Read More
(IDEX Online) - Pharrell Williams, the US singer/songwriter best known for "Happy" tomorrow (17 March) launches a high jewelry sale on his digital-first auction house.A Journey Through Gems will feature a 50-carat D Flawless Type IIa heart-shaped loose diamond and a pair of 18k white gold 4-panel diamond shape earrings with natural purple sapphire, as worn by Taylor Swift at the 2023 Grammy Awards...Read More
Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Iris Zone proves Catalyst theory on Bendigo Goldfield northern extensionSPONSOREDcatalyst metals ltdZenith Minerals 'leveraging pedigree in explorationSPONSOREDzenith minerals limited'Security of tenure' at centre of new Saudi mining codeSPONSOREDsaudi ministry of industry and mineral resourcesTh...Read More
(IDEX Online) - Petra Diamonds yesterday reported sales of $72.1m at its fourth tender of FY2023, down 49 per cent year-on-year but up 71 per cent on its third tender, in December.Like-for-like prices - excluding revenue from single and exceptional stones while normalizing for the product mix impact - were up 12.5 per cent on Tender 3.That reflects a post-Covid recovery in China, boosted by t...Read More
Formerly an artisanal mining deposit, the newest deposit is around 16km2 and will be brought into production alongside the company's Atlas Fox deposit, also in Morocco.Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the March Philly Fed Index and February Housing Starts at 8:30 AM EDT. Consensus for the Philly Fed Index was -7.50 versus -5.80 in February. Actual was -23.2. Consensus for February Housing Starts was 1.430 million units. Actual wa...Read More
Some people have big bucks in the bank. But certainly not most American families. Indeed, the average American has more or less zero savings. You've probably seen stories about how most Americans cannot afford $500 to repair their car or move from one apartment to another. That's the general, sad state of the U.S. economy these days.At any rate, it's fair to say that these well-heeled, over-$250,0...Read More
Lately, you've heard much about the term "deposit insurance." As in, how U.S. bank accounts are insured to $250,000 by the Federal Deposit Insurance Corp. (FDIC).Most of the discussion has been in the context of the failed Silicon Valley Bank (SVB) of Santa Clara, California, the second largest bank failure in U.S. history.Let's discuss bank failures for a moment. Then, I'll tell you about an enti...Read More
Happy Thursday from beautiful Northern Italy!There are times I wish I was unaware of what's going on in the world.Especially since last Sunday.I won't lie. The thought of Meghan and her ginger nut Prince becoming paupers lit me up like a Christmas tree.I was so excited to use this meme. It's devastating that it's no longer valid.It would've been so delicious. Ironic, even.And I lived in England lo...Read More
Two activist shareholders with 'substantial' holdings in Azimut Exploration (TSXV: AZM) have accused the junior of "squatting" on some of Quebec's most prospective lithium lands.Coloured Ties Capital (TSXV: TIE) and privately held Bullrun Capital this week issued a second open letter to Azimut's founder, president and CEO Jean-Marc Lulin, accusing the geologist of refusing to acknowledge or engage...Read More
Navoi Mining and Metallurgical Co., the world's fourth-largest gold company by output, plans to start another mine in its Uzbekistani homeland this year while intending to go public eventually with a stock market listing in the West.Eugene Antonov, deputy CEO and chief transformation officer of the state-owned company, said he met with Canadian banks and TSX officials during Navoi's first visit to...Read More