The share price was up almost 5% on the week in Thursday trade, at 198.8p/share on the London Stock Exchange.Read More
"The volatile political, economic and social situation has continued to impact Peru in recent months, and this has resulted in a tough operating environment for Hochschild's two mines," chiefRead More
The gold room contained about one month's production from Lomada and Cap-Oeste deposits. No employees were fatally injured, although three suffered minor injuries.Read More
(IDEX Online) - The diamond world has been rocked by the US Treasury Department's blacklisting on Tuesday of companies with alleged links to the financing of the Hezbollah terror group, in Lebanon.A total of 52 individuals and entities, including a few diamond companies, appear on the Office of Foreign Assets Control (OFAC) list, accused of supplying cash, precious gems, art, and luxury goods...Read More
(IDEX Online) - Petra Diamonds suffered a sharp fall in its quarterly sales to 31 March, down almost 52 per cent to 67.8 per cent on Q3 2022.It also sold almost 37 per cent fewer diamonds - 465,138 carats - than during the same period last year.The miner's Williamson deposit, in Tanzania, remains closed after the breach of a tailings dam, which released a five-mile river of gray sludge, damag...Read More
(IDEX Online) - A unique Rolex Yacht-Master, made entirely of platinum for the company's then CEO Patrick Heiniger, is to be sold with an estimate of ???EUR? ?1m to ???EUR? ?2m ($1.1m to $2.2m).The dial features diamond hour markers with baguette-cut sapphires at six and nine and a triangular-cut sapphire at 12.It was presented to Mr Heiniger, who took over from his father Andre Heiniger in 1...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelBase metals mixed Copper production increased 18% year-on-year, to 6,700t produced, "largely attributed to the improved operational performance of Sossego mine and the steady ramp-up of Salobo III,"Read More
The mining giant has cut its mined copper guidance for 2023 to 590-640,000t, from the guidance of 650-710,000t issued at the start of the year.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"The launch of this cutting-edge technology breaks the limits that have long restricted the development of the battery sector and will open up a new scenario of electrification centering on high levelRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points at 8:35 AM EDT.Index futures dropped another 3 points following release of the April Philly Fed Index at 8:30 AM EDT. Consensus was a recovery to -19.9 from -23.2 in March. Actual was a drop to-31.3.IBM advanced $2.60 to $129.00 after reporting higher than consensus first quarter earnings. Las Vegas Sands ga...Read More
After extended and painful deliberation... we have arrived upon an unshakeable conclusion:The most dangerous human being on Earth is the ideological human being.It is the ideological human being - the human being set aflame by theory and belief - that most menaces our individual and collective happiness.For the ideological man would wreck the world before he would see his ideology wrecked.This is...Read More
Greetings from a lovely Northern Italy!First, last week's piece on financial formulas received fantastic feedback. I'm grateful.I won't do financial mathematics every week, but the feedback gave me a clue to dial it back a bit.So I'll try to keep things as simple as possible so you can protect yourselves from what's eventually coming.Good friend and colleague Doug Hill and I were on the horn the o...Read More
https://www.wsj.com/articles/copper-shortage-threatens-green-transition-620df1e5 Source: Wall Street Journal #cloudnews ...Read More
The discussion around whether AI can ever become alive or sentient is divisive. Some experts consider it a distraction from ...Read More
The idea of tree-planting to offset carbon emissions has boomed in recent years. It's cheap, appealing to consumers and ...Read More
Big companies have purchased carbon offsets that promise to save forests under threat. But in many cases they're not under ...Read More
Imagine a financial tool that lowers greenhouse gasses, speeds the green transition and rejuvenates forests. That's the promise of ...Read More
Bitcoin (BTC) broke through the psychological milestone at $30000 last week, but its price action has been choppy since. So what ...Read More
In this video, Peter talks about the credit crunch tsunami from last month's bank panics hitting land, causing buildings to collapse ...Read More
In this video, Peter discusses the current debt ceiling Battle Royale and the potential consequences of not raising it. Peter argues ...Read More