Dmitry Peskov is by far my favorite Russian propagandist. Just about everything he says is so off base it borders on satirical. His sole purpose as Kremlin spokesperson is to convince the media that the endless stream of Russian urine currently flooding the world is actually just rain. And he's doing a terrible job. Back in March, when Russian gas shipments to Europe were still under negotiati...Read More
There's a move to cover the silver market shorts, so as not to be left holding the 'hot potato' when this all starts to unravel...Vince Lanci with Chris Marcus of Arcadia EconomicsZoltanPoszar recently wrote about the possibility of Russia responding to the G7 oil price cap by selling its oil for gold. Which is far from a done deal, but not entirely outside of the trend we've seen with a growing l...Read More
The Fed has raised interest rates, and gold & silver...(by Half Dollar) The Fed has officially just concluded its most recent 2-day FOMC meeting.Here's the Fed's statement, posted in its entirety (bold added for emphasis and commentary):Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Infla...Read More
A shocker... by Steve St Angelo of SRSrocco ReportThe U.S. government just released its November Treasury Statement with a shocker that the Debt-Service Interest Expense surged 50% in the first two months. This is a great deal of money when it equals nearly the same value for World Transparent Silver Holdings.So, how much did the U.S. Interest Expense increase in the first two months of fiscal...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility study imminent at Fission's high-grade, low-cost uranium project SPONSOREDfission uraniumThe transaction will create the first nickel resou...Read More
Look beyond market approach to project valuations: van ZylLeadershipGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDBHP and Rio Tinto shares each hit six-month highs on Friday amid an improving outlook d...Read More
Castillo is from a rural background and has many supporters in such communities, which benefited from social programmes under his administration.Read More
Blue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Hongliulin Leverages Huawei Cloud Stack to Embrace Digital Transformation SPONSOREDhuawei cloudSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftThe transaction, which values the combined...Read More
(IDEX Online) - Christie's says sales in Hong Kong so far this year have been the third highest since it opened in 1986.It says the running total is currently $835m, which is above pre-pandemic levels.It said sales of watches raised over $69m during the year and last month's Magnificent Jewels sale, including a collection owned by retired actress Rosamund Kwan raised over $46m.More than...Read More
(IDEX Online) - The Diavik Diamond Mine has been fined $110,000 (CA$150,000) by a court in Canada for a health and safety breach after an excavator operator was blinded in an accident.Steve Houle, 50, was trapped for four hours in his cab after it was crushed by a slab of stone after a blasting operation in November 2020.He suffered multiple injuries, lost his sight in both eyes and had a toe ampu...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility study imminent at Fission's high-grade, low-cost uranium project SPONSOREDfission uraniumJerome Powell The mining industry is at the front...Read More
US Secretary of State Antony Blinken signed the agreement with his counterparts from Congo and Zambia at the US-Africa Leaders Summit in Washington and is in line with US policy aimed at reducing itsRead More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.FOMC statement on interest rates is released at 2:00 PM EST. Press conference with Federal Reserve chairman Powell is scheduled at 2:30 PM EST. Consensus is that the Fed Fund Rate will increase from 3.75%-4.00% to 4.25%-4.50%. In addition, the Federal Reserve is expected to continue to re...Read More
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business?Those two sides took shape during an online video debate organized on Wednesday by the Toronto-based Critical Minerals Institute and were argued by a pair of its directors. Christopher Ecclestone, a principal and mining strategist in London for New York-b...Read More
Gifts have been exchanged in England during December since before the building of Stonehenge 5,000 years ago. Back then our Neolithic ancestors were celebrating the midwinter solstice (Dec. 21) with feasts and offerings. The parties became more formal following the landing of Roman legions in AD43, with their festival of Saturnalia (Dec. 17-23) and its tradition of banquets and the giving of gi...Read More
Bunker Hill Mining (CSE: BNKR, OTCQB: BHLL) has completed its underground development 'breakthrough' down to the sixth level of its zinc-lead-silver mine in Idaho.The old maintenance shop was demolished in preparation for construction of the mill, and it remains on track and on budget for a restart of the mine in the fourth quarter of 2023.On Tuesday, mining contractor CMC completed the primary po...Read More
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has released results for seven more drill holes at its Spark pegmatite, part of its PAK lithium project in Ontario.The highlighted drill hole (DDH PL-077-22) intersected 126.8 metres of pegmatite averaging 1.31% Li2O from 56.9 metres depth. Within the intercept were two narrow lithium and tantalum enriched zones at depth, including 11.1 metres averaging 1...Read More
The world's top lithium supplier Albemarle (NYSE: ALB) will invest at least US$180 million to build a new technology park in North Carolina, where it expects to advance its research in lithium and other products.The miner expects that innovations from the new site, to be located in Charlotte's University City area, will improve lithium recovery and production methods, as well as introduce new for...Read More
Sam Bankman-Field of FTX, who seems to have stolen and otherwise misdirected billions from his own crypto scam, was invited to speak at a New York Times event called DealBook on Nov. 30. A seat in the audience cost $2,499. He had been booked for the gig long before because he was a darling of the left, having thrown around many millions to back Democrats in the midterms.He was also loved for runni...Read More
We note - with eyebrows rather raised - the curious arrest of Mr. Sam Bankman-Fried.Bahamian authorities collared and jugged the disgraced former FTX chief and aspiring Madoff on Monday.The collaring and jugging were executed at the request of the United States government.The business transpired hours before he was scheduled to (remotely) appear before the United States House Committee on Financia...Read More