Recent News

Yamana Gold Q3 backs case for Gold Fields takeover...

October 28, 2022 / www.mining-journal.com

Yamana Gold reiterated its 2022 production guidance of 1 million gold equivalent ounces (GEO) and indicated all-in sustaining costs (AISC) costs would be at the upper end of its target of US$1,080/oz.Read More

War in FSU hits Glencore zinc, boosts trading revenues...

October 28, 2022 / www.mining-journal.com

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limited"Following...Read More

Global Atomic homes in on Dasa financing

October 28, 2022 / www.mining-journal.com

With steady progress being made on the ground,company president and CEO Stephen Roman, CEO, Global Atomic Corp.Stephen Roman hopes to wrap up project financing shortly as his team vies to bring what is Africa's largest highest-grade uranium project online in a little over two years from now. Several pieces must fall into place in order for that to happen, but favourable uranium market co...Read More

Canada boosts protections for critical minerals

October 28, 2022 / www.mining-journal.com

François-Philippe Champagne, Minister of Innovation, Science and Industry, today issued additional direction with regard to the application of the Investment Canada Act in cases involvingRead More

LME Week shows mood surprisingly upbeat

October 28, 2022 / www.mining-journal.com

Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedTypically a...Read More

Tech Talk for Friday October 28th 2022

October 28, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade.Index futures were virtually unchanged following releases of economic news at 8:30 AM EDT: September PCE Price Index, September Personal Income and September Personal Spending.Intel $INTC added $$1.17 to $27.44 after reporting higher than consensus quarterly earnings. Pinterest $PINS gai...Read More

Spac started by ex-Rusal M&A wiz hunts for green metals giant

October 28, 2022 / www.northernminer.com

ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several hundred million dollars as soon as possible.The new asset will form the core of ACG, a special purpose acquisition company, or "spac", chief executive officer Artem Volynets said in an interview. "Our intention is to ac...Read More

Federal government stiffens guidelines on foreign involvement in Canada's critical mineral sectors

October 28, 2022 / www.northernminer.com

The federal government immediately plans to significantly tighten the approval process for major transactions by foreign state-owned enterprises (SOEs) in Canada's critical minerals sectors.In a joint news release issued Friday, Fran??ois-Philippe Champagne, Minister of Innovation, Science and Industry, and Natural Resources Minister Jonathan Wilkinson said that under the updated guidelines for ho...Read More

Calibre granted environmental permits to develop Eastern Borosi project in Nicaragua

October 28, 2022 / www.northernminer.com

Nicaragua authorities have granted critical environmental permits to Calibre Mining (TSX: CXB; OTC: CXBMF), greenlighting the open pit and underground mine developments at its Eastern Borosi gold project (EBP).Calibre is advancing the development of the high-grade EBP deposits, which are scheduled to be in production by next year, feeding into the company's Libertad processing facility."Approval o...Read More

Argonaut completes financing package for Magino

October 28, 2022 / www.northernminer.com

Argonaut Gold (TSX: AR) has closed the sale of a 2% net smelter return royalty on its Magino project and surrounding land package in Ontario to Franco-Nevada (TSX: FNV) for US$52.5 million and a US$10 million equity private placement. Argonaut issued 34.69 million common shares to Franco-Nevada at a price of $0.3931 per share.In addition, the company has closed its previously announced US$250 mill...Read More

Teck Resources hikes cost of QB2 copper project in Chile again

October 28, 2022 / www.northernminer.com

Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK) has once again raised its construction cost estimate for the Quebrada Blanca phase 2 (QB2) copper project in Chile by at least US$500 million.Canada's largest diversified miner now expects QB2 to cost between US$7.4 billion and US$7.75 billion, up from a July 2022 guidance of US$6.9 billion to US$7 billion, and an earlier estimate of US$4.7 billion...Read More

Indigenous-led EAs are on the horizon

October 28, 2022 / www.northernminer.com

At the recent Indigenous Led Projects Forum in Toronto in late September - the first event of its kind - co-host Michael Fox shared some of the big changes that he's seen in Canada's Indigenous communities over his lifetime.The 54-year-old said it wasn't until the 1980s that an Indigenous family member owned a car - - - a symbol of success. Later, the high water mark was the first Indigenous perso...Read More

Osisko Mining bulk sample averages 65.5 grams gold per tonne

October 28, 2022 / www.northernminer.com

Osisko Mining (TSX: OSK) continues to explore at its Windfall gold project in the Abitibi greenstone belt, Eeyou Istchee James Bay, Que., between the towns of Abitibi and Chibougamau.Recently it mined a 4,809-tonne bulk sample from the 600 level of the Lynx deposit. The sample averaged 65.5 grams gold per tonne. The actual grade of the material processed was 169% higher than the block model predi...Read More

Gareth Soloway: Economy Will Fall Off A Cliff

October 28, 2022 / marketsanity.com

Liberty and Finance, Released on 10/28/22"There's a storm brewing here," market trader Gareth Soloway says. He is expecting an economic downturn along with inflation. The Fed cannot come to the rescue if inflation is high. Without promise of money printing, the stock market will continue lower, he forecasts. "You're going to see a prolonged bear market," he says, "I don't think we're going to make...Read More

Canada to launch digital ID together with WEF

October 28, 2022 / marketsanity.com

Wall Street Silver - Twitter, Released on 10/28/22Canada to launch digital ID together with WEF... the initiative removes the need for physical passports and can also be used as a combined vaccine passport... and will fit well with the CBDC and social credit score...All for your safety and well-being of course.#WEF #KlausSchwab pic.twitter.com/HTesMKYdEZ- Wall Street Silver (@WallStreetSilv) Octob...Read More

Glenn Greenwald: Meet The Consortium Imposing The Growing Censorship Regime

October 28, 2022 / marketsanity.com

Glenn Greenwald's Substack, Released on 10/28/22The rapid escalation of online censorship, and increasingly offline censorship, cannot be overstated. The silencing Continue... Glenn Greenwald: Meet The Consortium Imposing The Growing Censorship Regime added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More

Nomi Prins: Why the Fed's Pivot Will Begin This Winter

October 28, 2022 / marketsanity.com

Nomi Prins, Released on 10/28/22For months, I've been saying the Fed will have to dial back its hawkish stance before the year is out.Continue... Nomi Prins: Why the Fed's Pivot Will Begin This Winter added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More

Worst Year For Treasuries Since The US Constitution Was Written...

October 28, 2022 / marketsanity.com

ZeroHedge - Twitter, Released on 10/28/22Worst year for Treasuries since the US constitution was written pic.twitter.com/nbdbQQb7Td- zerohedge (@zerohedge) October 28, 2022 Worst Year For Treasuries Since The US Constitution Was Written... added by Herman James on 10/29/2022View all posts by Herman James ?+'Read More

Vladimir Lenin: 'The establishment of a central bank is 90% of communizing a nation'

October 28, 2022 / marketsanity.com

Ponzi Finance - Twitter, Released on 10/28/22"The establishment of a central bank is 90% of communizing a nation."- Vladimir Lenin- Ponzi Finance (@BP_Rising) October 28, 2022 Vladimir Lenin: 'The establishment of a central bank is 90% of communizing a nation' added by Herman James on 10/30/2022View all posts by Herman James ?+'Read More

It's Just Noise!

October 28, 2022 / dailyreckoning.com

Finally, the pundits and government people get a positive GDP report they can get excited about. Q3 GDP grew at a 2.6% annualized rate, according to the Bureau of Economic Analysis (BEA).Happy days are here again, folks! And right before the midterm elections, no less.But in reality, the report is basically noise. As Mark Zandi, chief economist at Moody’s Analytics, says:If you take a step b...Read More

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