Recent News

Iron ore billionaires go Christmas shopping

December 05, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDMassive cash flows from iron ore have propelled Forrest and Rine...Read More

Fumbled Proposal: Man Dives into Sea after Dropping Ring

December 05, 2022 / www.idexonline.com

(IDEX Online) - Romantic Scott Clyne planned a sunset marriage proposal on a boat off Florida's Gulf Coast - but managed to drop the engagement ring into the sea.Video of the ring box bouncing off the deck into the water - and of him instinctively diving in to find it - has gone viral and racked up well over 8m views on TikTok and beyond."Dropped the ring in the gulf during my proposal," read...Read More

WA nickel-copper mine suspended after fire

December 05, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe fire occurred in the early hours of Saturday and damaged the...Read More

US Watch and Jewelry Sales for October Lower Than a Year Ago

December 05, 2022 / www.idexonline.com

(IDEX Online) - Watch and jewelry sales in the US are now lower than a year ago, according to the latest figures from the Department of Commerce. They fell by 1.9 per cent year-on-year during October, the first month of negative growth since May 2020, when Covid lockdowns devastated the industry. Growth in sales has been slow - below six per cent for every month since May - but has always managed...Read More

IDEX Polished Price Index for November: Biggest Monthly Fall Since April

December 05, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index fell 2.62 per cent in November, its biggest monthly drop since April of this year. Uncertainties over the US economy, where inflation is expected to hit 10 per cent, together with the war in Ukraine and persistent Covid lockdowns in China - as well as protests against such moves  - are dampening demand and squeezing prices The decline during...Read More

Glencore breaks out the chequebook again over DRC allegations...

December 05, 2022 / www.mining-journal.com

Feasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumGlobal Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDGlencore's conduct in the DRC has been under investigation by th...Read More

Tech Talk for Monday December 5th 2022

December 05, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points in pre-opening trade.Broadcom slipped $0.80 to $540.00 after Susquehanna lowered its target price from $680 to $650.Lululemon added $0.03 to $386.02 after Stifel Nicolaus raised its target price from $400 to $450. Tractor Supply (TSCO $224.94) is expected to open higher after Wells Fargo raised its target pr...Read More

Lake Resources shares dip on another short-seller report

December 05, 2022 / www.northernminer.com

Lake Resources (ASX: LKE) shares fell nearly 3% after short seller J Capital Research released a new report questioning the purported success of the lithium junior's direct lithium extraction (DLE) technology.According to J Capital analysts, the DLE technology the company is looking to use could be "dramatically" underperforming expectations. This technology is critical to making the lithium devel...Read More

TNM Drill Down: Top gold assays for the week of Nov. 25. to Dec. 2, 2022

December 05, 2022 / www.northernminer.com

Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.This week's top three drill assays come from North America. HighGold Mining's (TSXV: HIGH) Johnson Tract project in Alaska delivered the top intercept. Hole JT22-152 cut 120.5 metres grading 18.76 grams gold per tonne from...Read More

Lithium Chile nearly doubles Salar de Arizaro resource

December 05, 2022 / www.northernminer.com

Calgary-based Lithium Chile (CVE: LITH) has announced an updated resource for its Salar de Arizaro asset in Argentina that has increased overall lithium carbonate equivalent (LCE) tonnage by 81%.With the addition of a second production well at the project, total indicated resources are now 1.3 million tonnes of LCE at a grade of 284 mg per litre. Inferred resources add 1.2 million tonnes at a grad...Read More

US markets fell during Nov. 28 - Dec. 2 trading week

December 05, 2022 / www.northernminer.com

The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81.Leading value gainer for the week was Consol Energy, which closed US$6.73 higher at US$75.30. Despite coming down from recent highs, the stock is still rallying over 229% over the 12-month frame as its main product, thermal coal, achieved and remained in...Read More

TSX Venture Exchange ends Nov. 28-Dec. 2 trading week higher

December 05, 2022 / www.northernminer.com

The S&P/TSX Venture Composite Index ended the Nov. 29-Dec. 2 trading session at 599.20 points, up 23.56 points or 4.1% higher.?EUR? Topping the percentage gainers this week was Queensland Gold, which saw a dramatic 288% or 36 ? rise in its shares to 49 ? each. On Nov. 28, the explorer announced an agreement to acquire a 100% interest in the 86-sq.-km Mia lithium property in the James Bay area of...Read More

TSX, mining and metal indices see gains during Nov. 28-Dec. 2 trading week

December 05, 2022 / www.northernminer.com

The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell?EUR?could seek smaller interest rate hikes at the Fed's next meeting on Dec. 13-14. The rally faced resistance by week's end as high interest rates continue to worry market participants. The Bank of Canada is expected to raise interest ra...Read More

Glencore pays US$180M to Congo after admitting corruption

December 05, 2022 / www.northernminer.com

Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims in the country between 2007 and 2018.The Swiss firm said the latest deal covers all activities that have been the subject of probes by the DRC's National Financial Intelligence Unit and Ministry of Justice, and the...Read More

Sigma Lithium secures US$100M for Brazil mine expansion

December 05, 2022 / www.northernminer.com

Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo lithium project in Minas Gerais, Brazil.The Vancouver-based miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, the largest hard rock...Read More

Colombian president calls for mining code reform to favour small-scale 'traditional' operations

December 05, 2022 / www.northernminer.com

Colombian President Gustavo Petro proposed over the weekend a new reform to the country's mining code, which was initially issued in 2001. During a town hall held in the town of Dabeiba, in the northwestern Antioquia department, Petro said that an update is urgent because the current code allows for mining exploration to take place in areas that host important freshwater resources and agricultu...Read More

Jordan Roy-Byrne: Gold Stocks Medium Term Outlook

December 05, 2022 / marketsanity.com

The Daily Gold, Released on 12/5/22In this video we focus on breadth analysis to assess some probabilities for the gold miners over the short and medium term. Gold not outperforming the stock market and the GDX advance decline line recent weakness argue that the rebound in gold stocks will pause or reverse course soon. The recent action in the advance decline line did not confirm GDX strength nor...Read More

Pro Gold Stock Investor David Erfle Goes All In: 'I'm Pretty Confident We've Seen a Major Bottom'

December 05, 2022 / marketsanity.com

MiningStockEducation.com, Released on 12/5/22In this interview pro gold stock investor David Erfle provides his commentary on recent gold price action, gold stocks and how he is managing his portfolio. He shares that he has recently gone from cash to full positioning in his portfolio stating: "I'm pretty confident we've seen a major bottom in this sector."David Erfle is a self-taught mining sector...Read More

VIDEO: Chinese government is still welding apartment building gates to lock citizens inside

December 05, 2022 / marketsanity.com

Wall Street Silver - Twitter, Released on 12/5/22JUST IN: Chinese government is still welding apartment building gates to lock citizens inside. This was in Yushan city, Jiangxi province last night ?? ?,??? ?,??? ?,???"?sound ...???? pic.twitter.com/6pdmj2R0pU- Wall Street Silver (@WallStreetSilv) December 6, 2022 VIDEO: Chinese government is still welding apartment building gates to lock citizens...Read More

FBI Held 'Weekly Meetings' With Big Tech Ahead of 2020 Election, 'Sent Lists of URLs and Accounts' to be Censored

December 05, 2022 / marketsanity.com

Information Liberation, Released on 12/5/22The FBI held "weekly meetings" with social media giants ahead of the 2020 election and sent inContinue... FBI Held 'Weekly Meetings' With Big Tech Ahead of 2020 Election, 'Sent Lists of URLs and Accounts' to be Censored added by Herman James on 12/06/2022View all posts by Herman James ?+'Read More

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