Tavi Costa - Twitter, Released on 5/2/23There is a reason why gold is the only macro asset on the planet now on the verge of breaking out to record levels.Thanks again for having me @cvpayne Always enjoy being on your show. pic.twitter.com/PCBK6z2dPG- Otavio (Tavi) Costa (@TaviCosta) May 2, 2023 Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013....Read More
Global analyst Adrian Day looks at gold and last week's Fed meeting, along with recent results from several diverse companies, including a high-yield U.S. company and global blue chip, as well as two gold and silver companies. All are fighting rising costs and a slowing economy, with different effects on different companies.All eyes are on last week's meeting of the Federal Reserve Open Market Com...Read More
Seabridge Gold Inc. says joint venture discussions with larger companies have "taken on a new life" with improvements in metal prices and "a much more vibrant M&A environment for gold and copper projects."Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) told its shareholders in its annual report that joint venture discussions with larger companies have "taken on a new life" with improvements in metal pr...Read More
StrikePoint Gold Inc. is set to begin exploration plans for its 100%-owned Cuprite gold project in Nevada's Walker Lane gold trend.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) has announced its 2023 exploration plans for its 100%-owned Cuprite gold project in Nevada's Walker Lane gold trend.The company will start with geochemical, geophysical, and structural vectoring at the site, techniques tha...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe London-listed exploration and development company said it has visited with 28 tin and tantalum artisanal miners who seem keen to sign on the dotted line with them.Read More
Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More
The results continue Barrick's production slide, which saw gold output fall 3.8% year-on-year to 952,000oz, while copper output fell 12.9% to 88Mlb, with lower output contributing to a 17.Read More
The board has approved the construction of two additional processing trains at Kemerton to double hydroxide output to up to 100,000 tonnes per annum.Read More
Higher metals prices offset a 6% quarter-on-quarter drop in gold sales, resulting in quarterly consolidated revenue of US$243.9 million, marginally beating $238.Read More
(IDEX Online) - Signet, the US's biggest jewelry chain with 2,800 outlets, says an "engagement gap" is to blame for falling ring sales.The Covid pandemic was a passion killer. Relationships that may otherwise have led to 2023 weddings faltered, or never happened in the first place, as lockdowns forced people to stay at home.The average time from the first date to marriage is just over three y...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWith the passing of a mining bill, president Andres Manuel Lopex Obrador (AMLO) successfully reduced the term of mining concessions from 100 years to 80, made water pe...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Focus today is on news on the Fed Fund Rate announced by the FOMC at 2:00 PM EDT.Responses to quarterly results after the close yesterday were surprisingly negative despite quarterly revenue and earnings reports that were better than consensus. Starbucks dropped $4.31 to $110.15. Advanced Micro...Read More
25 basis points...The Federal Reserve elevated its target rate 25 basis points this afternoon.That rate squats presently between 5% and 5.25% - the highest level since September 2007.Here is the question spilling from every pair of lips: Was today's the final rate hike?Will Mr. Powell scratch Wall Street's belly... and caress its gills... by "pausing"?Markets presently give 90.4% odds that the Fed...Read More
Insane price targets are back...Tesla shares are sliding...Is the market's newest mini-bubble bursting?Shares of First Republic Bank (FRC) cracked early last week after management revealed the bank had lost half its deposits during the first quarter.Oops!To be fair, the stock had already plummeted as much as 90% in March during the crisis sparked by the Silicon Valley Bank debacle. But the earning...Read More
CHEYENNE, Wyo., May 3, 2023 /PRNewswire/ -- U.S. Gold Corp. (the "Company," "we" or "our") (Nasdaq: USAU) is pleased to announce that its Vice President - Exploration and Technical Services, Kevin Francis, will be featured on a panel discussion at SME's Annual Current Trends in Mine Finance Conference (the "Conference"), being held in-person, at the Shearman & Sterling Conference Center in Ne...Read More
Elon Musk has threatened to strip NPR of its Twitter handle, @npr, for not tweeting for weeks. This follows Musk labeling NPR as ...Read More
Online tutoring company, Chegg, saw its shares fall over 40% as ChatGPT hurt the company's growth. CEO Dan Rosensweig ...Read More
The rate of drug overdose deaths involving fentanyl rose 279% between 2016 and 2021, according to a report from the U.S. ...Read More