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Bank Run Continues: Schwab Clients Pull $8.8 Billion From Prime Funds This Week

March 16, 2023 / marketsanity.com

Bloomberg (via Yahoo Finance), Released on 3/16/23Charles Schwab Corp. saw $8.8 billion in net outflows from its prime money market funds this week as investors nervous about turmoilContinue... Bank Run Continues: Schwab Clients Pull $8.8 Billion From Prime Funds This Week added by Herman James on 03/17/2023View all posts by Herman James ?+'Read More

Tennessee House and Senate Vote Unanimously to Protect State Funds with Gold and Silver

March 14, 2023 / marketsanity.com

Money Metals, Released on 3/14/23Every single lawmaker in both chambers of the Tennessee legislature has voted to empower the State Treasurer to invest Continue... Tennessee House and Senate Vote Unanimously to Protect State Funds with Gold and Silver added by Herman James on 03/17/2023View all posts by Herman James ?+'Read More

Chinese Gold Demand Continued to Surge in February

March 16, 2023 / marketsanity.com

Schiff Gold, Released on 3/16/23Chinese gold demand surged again in February as the economy continues to rebound from government-imposed COVID policies.Continue... Chinese Gold Demand Continued to Surge in February added by Herman James on 03/17/2023View all posts by Herman James ?+'Read More

Growth Ahead for Altius, Agnico, Fortuna, and Kingsmen

March 18, 2023 / www.theaureport.com

As the investment world focuses on banks from Silicon Valley to Credit Suisse, Adrian Day of Adrian Day Asset Management catches up on developments at a few more of the companies on his list.Altius Minerals Corp. (ALS:TSX.V) reported record royalty revenue of $103.5 million for the year, up over 23% on the prior year, even though the fourth quarter was down a little on the year prior.The record wa...Read More

Tech Analyst Believes Now Is an Excellent Time To Add Positions

March 18, 2023 / www.theaureport.com

Technical analyst Clive Maund of clivemaund.com reviews Dolly Varden Silver Corp.'s 6-month chart to tell you why he believe now would be the time to buy.The fundamentals for Dolly Varden Silver Corp. (DV:TSX.V; DOLLF:OTCQX) are excellent, as set out by Mr Bob Moriarty of 321gold in a recent piece he wrote on it.So we have been angling for a good point to add to positions or make fresh purchases b...Read More

Junior Hits Highest-Grade Interval at Colo. Project

March 18, 2023 / www.theaureport.com

Metallic Minerals Corp. says it has intercepted its longest and highest-grade interval ever at its La Plata copper-silver-gold-platinum group element project in southwestern Colorado.Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) announced it had intercepted its longest and highest-grade interval ever at its La Plata copper-silver-gold-platinum group element project in southwestern Colorado.Two...Read More

Gold production up in 2022 as costs creep

March 17, 2023 / www.mining-journal.com

In December, production increased 0.25% to 6.5Moz compared with the September quarter and 7.4% year-on-year.Read More

Citi says Lynas sell-off is overdone

March 17, 2023 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipVideo Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc."We see valuation ups...Read More

Magnis strikes deal to develop battery projects

March 17, 2023 / www.mining-journal.com

Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.The funding, starting with an initial $25 million, is structured as an equity-linked pre-...Read More

Grid Metals to build on energy transition momentum...

March 17, 2023 / www.mining-journal.com

Robin Dunbar, CEO of Grid Metals, talks to Mining Journal about his company's plans to capitalise on the battery metals revolution with its high potential nickel and lithium assets in CanadaRead More

Volkswagen goes full throttle on EVs

March 17, 2023 / www.mining-journal.com

Volkswagen Group on March 16 announced plans to spend €180 billion until 2027 in order to improve its electric vehicle offering and expand in markets such as North America and China.Read More

Northern Star-backed PolarX poised for more exploration in Nevada

March 13, 2023 / www.mining-journal.com

Buoyed by a recent investment by gold major Northern Star Resources, US-focused PolarX is poised for more exploration at its Humboldt Range gold-silver project in Nevada, which managing director Dr Jason Berton believes is in an exciting region for future mine development.Read More

Tech Talk for Friday March 17th 2023

March 17, 2023 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:30 AM EDT. FedEx advanced $23.55 to $227.60 after reporting higher than consensus fiscal third quarter earnings. The company also raised guidance for the fourth quarter. Groupon dropped $0.32 to $4.58 after reporting lower than consensus fourth quarter revenues and a larger than consensus fourth quarter...Read More

The Eggheads vs. the Doers

March 17, 2023 / dailyreckoning.com

I recently spoke at one of my favorite venues, the Liberty Forum in New Hampshire, which is an annual conference center on the Free State Project.It's designed to encourage people to pick up and move to the freest state in the country for community and to help protect the state from the fate that befell Massachusetts, Connecticut, and Rhode Island.My first time speaking there was 2012, I believe,...Read More

PRIVATE BLOG - The Metals & the Dow

March 17, 2023 / www.armstrongeconomics.com

Spread the lovePRIVATE BLOG - The Metals & the DowPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

PDAC: Facing the challenges of mine decarbonization

March 17, 2023 / www.northernminer.com

The mining industry's decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles en route, miners said during a recent industry conference.Mining firms outlined their challenges on their pathway to decarbonization at "The amazing race to decarbonize" session on Mar. 6 at PDAC in Toronto.Panellists from Lundin Mining (TSX:...Read More

TNM Mining Leaders: Noveau Monde Graphite's Eric Desaulniers on the Matawinie project in Quebec

March 17, 2023 / www.northernminer.com

Eric Desaulniers, CEO and president of Nouveau Monde Graphite discusses the Matawinie project in Quebec, the Uatnan JV with Mason Graphite following a positive economic assessment in January, and its plans for 2023. Desaulniers spoke with Northern Miner production editor Blair McBride at PDAC in Toronto in March 2023.Read More

Kazatomprom's 2022 profit doubles as it lowers 2023 production guidance

March 17, 2023 / www.northernminer.com

Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price.Despite the solid financial performance, the Kazakhstan company - the world's largest producer of uranium - tempered its production forecast for 2023, saying continued delays and/or limited access to certain vital materials, including sulphuric acid a...Read More

Ivanhoe's electro-pulse tech may expand Santa Cruz copper project in Arizona

March 17, 2023 / www.northernminer.com

Ivanhoe Electric (TSX: IE; NYSE-AM: IE) says visible copper in a drill hole suggested by the company's new technology bodes well for adding high-margin ore to the resource at the Santa Cruz project in Arizona. Drill hole SCC-122 outside the mineralization area at the Texaco Ridge target intersected visible copper oxide starting from 429 metres depth, the company said in a news release on Thursd...Read More

Gold juniors Trillium and Pacton to combine forces in Red Lake

March 17, 2023 / www.northernminer.com

A merger of Trillium Gold (TSXV: TGM; US-OTC: TGLDF) and Pacton Gold (TSXV: PAC; US-OTC: PACXF) will create an explorer with over 15 projects spanning 1,260 sq. km in the Red Lake mining district, the companies say.Pacton's Red Lake gold project is within 20 km of Trillium's Newman Todd complex and the western portion of its Confederation Belt properties. Trillium's Leo and Pakwash properties are...Read More

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