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Wells Fargo Ordered To Pay $3.7 Billion Over Widespread Illegal Activity

December 20, 2022 / marketsanity.com

Zero Hege, Released on 12/20/22Wells Fargo has been ordered to pay $3.7 billion by the Consumer Financial Protection Bureau (CFPB) for a variety of illegal activity, including wrongfully foreclosing on homes, illegally Continue... Wells Fargo Ordered To Pay $3.7 Billion Over Widespread Illegal Activity added by Herman James on 12/20/2022View all posts by Herman James ?+'Read More

Anglo Asian Mining calls for backing to restore rights...

December 20, 2022 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDThe company says that the area which hosts its copper-gold mine Kyzlbulag and its Demirli copper molybdenum mine, which is owned by them, is being...Read More

Pressure on US on IRA may get results

December 20, 2022 / www.mining-journal.com

US federal subsidies available to electric vehicle makers, battery makers and other sectors in the green energy transition under the IRA have led to threats of a potential trade war from European andRead More

Triple Flag buys into Thunder Bay critical minerals...

December 20, 2022 / www.mining-journal.com

Look beyond market approach to project valuations: van ZylLeadershipCypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSORED"Returns are favourable and the project is positively located in the lower-risk...Read More

Mitsui invests in Taseko's Arizona copper project

December 20, 2022 / www.mining-journal.com

Under the deal, Mitsui has committed an initial investment of US$50 million for a 2.67% copper stream from Florence.Read More

US military awards Perpetua funds to develop antimony...

December 20, 2022 / www.mining-journal.com

The funding from the US air force research laboratory aims to advance construction readiness and environmental studies for the Stibnite scheme.Read More

Can Sibanye Stillwater bounce back in 2023?

December 20, 2022 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDIn the event, gold production was severely affected in the first part of the year, but little did we know then that more bad news was round the cor...Read More

Pandora Moves HQ from Baltimore to Big Apple

December 20, 2022 / www.idexonline.com

(IDEX Online) - Pandora is moving its North American headquarters from Baltimore to New York City, as it aims to "double revenue in the market".The world's largest jewelry brand sold over $1bn in the US last year and believes its new home, on the 35th floor of the 1540 Broadway skyscraper in Times Square, will help it recruit world-class talent."The location increases global talent attraction...Read More

Crocodile Rock: Gold Necklace Studded with 15,000 Gems

December 20, 2022 / www.idexonline.com

(IDEX Online) - A jeweler in India has created a crocodile necklace, studded with 8,000 natural diamonds and 7,000 other gemstones.It was among the highlights at the Gems & Jewellery Manufacturers Show in Surat, which ended yesterday.Samir Mehta, of the Surat-based jewelry manufacturer Arete Virtue, said the necklace was made of 330 grammes of gold and had a $36,000 price tag."We've had m...Read More

Amnesty Calls for Action on Sierra Leone Diamond Mine

December 20, 2022 / www.idexonline.com

(IDEX Online) - Amnesty International is calling on the government in Sierra Leone to address concerns over the impact of a diamond mine on a neighboring community.It claims their lives are being blighted by blasting operations and by water pollution caused by Meya Mining.Residents are "forced to evacuate their homes and take shelter in the different structures made by the company until the b...Read More

Fortescue and partners to build green iron plant in...

December 20, 2022 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDUsing Primetals and voestalpine's technologies and FMG's iron ore, the target is to design an engineer a net-zero emission industrial-scale prototy...Read More

Canada's Teck sells coal mine

December 20, 2022 / www.mining-journal.com

Conuma will pay Teck $120 million in cash in staged payments over the next 36 months, and an ongoing 25% net profits interest royalty, first payable after Conuma recovers its investment in Quintette.Read More

BHP still working towards OZ takeover

December 20, 2022 / www.mining-journal.com

Cypress Development advances Nevada lithium project towards productionSPONSOREDcypress development corpCanada's NexGen eyes large-scale uranium productionSPONSOREDnexgen energyUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDOn November 18, OZ agreed to grant BHP four weeks of due diligence access after BHP increased its non-binding indicative proposal from $25 per shar...Read More

Tech Talk for Tuesday December 20th 2022

December 20, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Index futures were virtually unchanged following release of the November U.S. Housing Start report at 8:30 AM EDT. Consensus was 1.400 million units versus 1.425 million units in October. Actual was 1.427 million unitsThe Canadian Dollar was virtually unchanged at US73.41 cents after Ca...Read More

U.S. Gold Corp. Announces Results of its 2022 Annual Meeting of Stockholders

December 20, 2022 / www.usgoldcorp.gold

Strong Stockholder Support Enables All Proxy Proposals to PassCHEYENNE, Wyo., Dec. 20, 2022 /PRNewswire/ -- U.S. Gold Corp. (the "Company," "we" or "our") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on December 16, 2022.The following proposals were approved by the Company's stockholde...Read More

The Northern Miner Podcast - episode 322: Trust, multipolarity, energy, war and gold-takeaways from 2022 with Paul from the Sirius Report

December 20, 2022 / www.northernminer.com

This week's episode features geopolitical and natural resource commentator Paul from the Sirius Report in conversation with host Adrian Pocobelli. Paul discusses the major themes of 2022, including the global move towards multipolarity, the EU's energy crisis, the war in Ukraine, the increasing importance of gold, and further developments in BRICS+. He also discusses the diminishing sense of tr...Read More

Taseko and Mitsui partner to develop Florence copper project in Arizona

December 20, 2022 / www.northernminer.com

Taseko Mines (TSX: TKO) shares rocketed by 23% today on news that it has partnered with Mitsui to develop the Florence copper project, located in Arizona.Mitsui has committed to an initial investment of US$50 million to be used for construction. The initial investment will be in the form of a copper stream agreement on 2.67% of the copper produced at Florence.While the project has attracted cont...Read More

Iamgold surges on billion-dollar asset sales to fund C??t?(C) gold project in Ontario

December 20, 2022 / www.northernminer.com

Shares in Iamgold (TSX: IMG; NYSE: IAG) shot up 25% on Tuesday after it sold its latest portion of nearly US$1 billion in assets to build the C??t?(C) gold project in northern Ontario. The Toronto-based miner and developer said today it's selling its exploration and developments assets in Senegal, Mali and Guinea to Casablanca, Morocco-based Managem for US$282 million. On Monday it agreed to s...Read More

Nevada Lithium project cuts strong grades near surface and at depth

December 20, 2022 / www.northernminer.com

Nevada Lithium Resources (TSXV: NVLH; OTCQB: NVLHF) and Iconic Minerals (TSX-V: ICM; OTCQB: BVTEF) say drill results from their Bonnie Claire Lithium joint venture in Nevada show near-surface strong grades. Drill hole BC2202C cut 600.46 metres from surface grading 1,157 parts per million (ppm) lithium, including 121.92 metres from 6.1 metres depth grading 753 ppm lithium, and 298.7 metres from...Read More

Emerita gains on Spain copper project drill results, resource estimate plans

December 20, 2022 / www.northernminer.com

Shares in Emerita Resources (TSXV: EMO; OTCQB: EMOTF) rose 7% on Tuesday after it reported drill results at its Iberian Belt West base metals project in Spain and said it will publish an initial mineral resource estimate by May. Drill hole LR057 at the La Romanera deposit cut 25.1 metres from 328.8 metres depth grading 0.3% copper, 1.5% lead, 6% zinc, 0.74 gram per tonne gold and 82 grams silver...Read More

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