(IDEX Online) - Owners of a family-run jewelry store watched in horror on a smartphone app as raiders emptied display cabinets of goods valued at $1.2m.The break-in at Queens Jewelers was the latest in a string of burglaries at WestGate Mall, in Spartanburg, South Carolina, USA.Four raiders escaped with Cartier and Rolex watches, 35 diamond necklaces, more than 50 diamond bracelets, and men's...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 75 points in pre-opening trade. Index futures turned lower in overnight trade on news of liquidity concerns at Credit Suisse. Credit Suisse dropped $0.41 to $1.81. Index futures moved slightly lower following release of a series of U.S. economic news at 8:30 AM EDT:February Producer Price Index was expected to increas...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points in pre-opening trade. Index futures moved lower following release of the February inflation report at 8:30 AM EDT. February Consumer Price Index was expected to increase 0.4% versus a gain of 0.5% in January. Actual was an increase of 0.4%. On a year-over-year basis, February CPI was expected to increase 6.0%...Read More
"Give a man a gun and he will rob a bank," claimed fictional television character Tyrell Wellick, adding pithily:"Give a man a bank and he will rob everyone."The bank - the banking system - will shortly be robbing everyone. This it will do to make whole the moneyed depositors of Silicon Valley Bank, presently in receivership.The regulatory authorities insist the robbing is not a "bailout." That is...Read More
After listing on the Australian Stock Exchange in January, VHM (ASX: VHM) said it will make a final investment decision in the second half of this year on its flagship, 100%-owned rare earth and mineral sands Goschen project in Australia.The initial public offering followed a conditional memorandum of understanding with a subsidiary of China's Shenghe Resources Holding Company for a three-year tak...Read More
In its quest for bonanza returns, high-tech capital is willing to take a bet on mining, an industry not noted for producing steady returns and challenged by its comparatively small size.Silicon Valley capitalists and entrepreneurs are bringing fresh investment and talent to upstart mining companies, said panellists on Mar. 7 at the PDAC convention in Toronto.A wave to the tune of US$10-US$15 billi...Read More
Canada Nickel's (TSXV: CNC; US-OTC: CNIKF) first metallurgical test at Reid, an ultramafic nickel project near its flagship Crawford nickel sulphide project in Ontario, returned a head grade of 0.35% nickel, 0.10% sulphur and 6.2% iron.The company said the initial open pit circuit test was done on a sample from the higher-grade area of the Reid property, 16 km southwest of Crawford and 37 km north...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over the US$45 million recorded in 2021.Revenue of US$2.15 billion, operating profit of US$1.27 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$1.39 billion, were also record highs, based on 323,733 tonnes of copper so...Read More
enCore Energy (TSXV: EU; NYSE American: EU) has made a formal production decision resuming uranium production from the Alta Mesa central processing plant in Texas in early 2024. This will be enCore's second uranium-producing location after the Rosita processing plant, which is scheduled to restart in 2023.Alta Mesa is a fully licensed and constructed ISR (in-situ recovery) uranium project and cent...Read More
As this year's Prospectors and Developers Association of Canada convention returned to its March slot in Toronto, welcoming nearly 24,000 attendees, the buzz was undoubtedly around critical and battery metals. During the event, the federal government doled out money for juniors to advance their projects (including Search Metals, E3 Lithium and FPX Nickel), and federal Natural Resources Minister J...Read More
Brian Leni of JuniorStockReview.com shares how one's bias can lose you money in junior mining stocks. Brian also recaps his ...Read More
Join Highland Copper's CEO, Denis Miville-Desch??nes, as he provides a corporate update on the company's 2023 plans and ...Read More
AMC Entertainment has seen its shareholders agree to convert APE units to common stock, with 88% of shareholders approving ...Read More
The US Commerce Department is due to release the February retail sales figures on Wednesday. Economists estimate a decline ...Read More
Honda is recalling around 500000 vehicles in the U.S. and Canada due to a potential front seat belt defect. The recall affects ...Read More
OpenAI will release GPT-4, a new multimodal AI model capable of generating content based on text and images. While the ...Read More
Saudi National Banks' Chairman and, Credit Suisse's top shareholder, ruled out investing more in the troubled Swiss bank due to ...Read More
Ohio Attorney General Dave Yost has filed a lawsuit against Norfolk Southern Corp. seeking to hold the company financially ...Read More
A US Air Force surveillance drone was brought down in the Black Sea on Tuesday morning after two Russian fighter jets allegedly ...Read More
The US Justice Department is investigating the collapse of the TerraUSD stablecoin and is considering pressing criminal charges ...Read More