Recent News

China lockdowns, Ukraine war hit Johnson Matthey's...

November 24, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe fall resulted in a profit of £222 million (US$268.31)...Read More

Tirupati shares rally on Madagascar progress

November 24, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationTirupati has completed construction on a second preconcentrate p...Read More

Time for US, Canada to rethink China on critical minerals?...

November 24, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationBut is this the right approach for the industry, which needs to...Read More

Has BHP really changed? Again?

November 24, 2022 / www.mining-journal.com

Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationMacKenzie told investors that BHP was "a very different company...Read More

Petra Sells $61m Rough in "Muted" Market

November 24, 2022 / www.idexonline.com

(IDEX Online) - Petra today announced sales of $61.3m during an extended October tender, in what it described as a "somewhat muted market".Revenue from its Tender 2 FY 2023 were down 40 per cent on Tender 1, in September, though the miner noted that volumes for the second tender cycle are typically lower than the first.Average price per carat fell sharply by 31 per cent from $198 at Tender 1 of FY...Read More

Mystery of 13-ct Pink Diamond Pulled From Sale

November 24, 2022 / www.idexonline.com

(IDEX Online) - A pink diamond valued at up to $35m has been withdrawn without explanation from auction in New York.The 13.15-carat emerald-cut fancy vivid gem, described as "VVS1 clarity, potentially internally flawless", had been due to lead Christie's Magnificent Jewels auction on 6 December.The auction house confirmed the diamond, belonging to a private collector, had been pulled from the...Read More

Rolex "Planning $1bn New Factory"

November 24, 2022 / www.idexonline.com

(IDEX Online) - Rolex is reportedly planning a $1bn new factory, which would create 2,000 jobs and allow it to crank up production.The company, privately owned by the Hans Wilsdorf Foundation currently produces just over 1m watches a year, but demand always outstrips supply. Rolex had a turnover of almost $8 billion in 2021, according to Morgan Stanley.Acccording to Swiss TV and newspaper rep...Read More

Goldman Sachs expects US will avoid recession

November 24, 2022 / www.mining-journal.com

"Our disagreement with consensus is even more visible when we focus on recession probabilities," Goldman said.Read More

Tech Talk for Thursday November 24th 2022

November 24, 2022 / www.timingthemarket.ca

With U.S. equity markets on holidays today, no pre-opening comments are offered.  Responses to FOMC Meeting Minutes Minutes were released at 2:00 PM EST yesterdayU.S. equity indices moved higher after 2:00 PM ESTU.S. Dollar and related ETN: UUP moved lower after 2:00 PM ESTLong term U.S. Treasury bond yields moved lower. Long term U.S. Treasury bond prices moved higher after 2:00 PM ESTGold p...Read More

Ontario offers $5M to spur critical mining innovation

November 24, 2022 / www.northernminer.com

Ontario is starting a two-year, $5 million critical minerals innovation fund to support research and development of new technologies. The fund is to support Ontario-based new technologies in the supply chain for green energy like electric vehicles by connecting mineral resources in the north with manufacturing in the south, provincial mines minister George Pirie said in a news release on Thursd...Read More

Crypto's Bre-X moment means regulations are finally on the way

November 24, 2022 / www.northernminer.com

There's got to be a sense of schadenfreude in some circles of the mining business watching the implosion of FTX this month. Somehow, cryptocurrencies have competed with the mining sector as both a speculative investment - squeezing out money that might otherwise be directed to junior miners - and also been sold as a store of wealth and inflation hedge, competing with precious metals. While some...Read More

Treaty Creek drilling will boost new resource estimate next year, JV says

November 24, 2022 / www.northernminer.com

American Creek Resources (TSXV: AMK) and Tudor Gold (TSXV: TUD) say step-out drilling at their Treaty Creek joint project in northwestern British Columbia's Golden Triangle shows higher grades than in last year's initial resource estimate. Drill hole GS-22-159 cut 180 metres grading 1.71 grams gold equivalent per tonne with 0.92 gram gold, 6.1 grams silver and 0.61% copper, the compact reported...Read More

Vizsla Silver eyes consolidation of Panuco project with Prismo Metals investment

November 24, 2022 / www.northernminer.com

Mexico-focused Vizsla Silver (TSXV: VZLA; NYSE: VZLA) has entered into a non-binding letter of intent with Prismo Metals (CSE: PRIZ) for a strategic investment totalling $2 million. In exchange, Vizsla would receive a right of first refusal to purchase the Palos Verdes project from Prismo as well as 4 million units of Prismo.The Palos Verdes concession sits in the eastern area of Vizsla's Panuco...Read More

World to face 8-million tonne copper deficit by 2032, Codelco warns

November 24, 2022 / www.northernminer.com

Codelco, the world's biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number of new projects.Maximo Pacheco, chairman of the board of Codelco, said at an industry conference that while a surplus is expected in the short term due to new projects in Chile, Peru, the Democratic Republic of the...Read More

Significant Pain For Markets In 2023 | Lobo Tiggre

November 24, 2022 / marketsanity.com

Liberty and Finance, Released on 11/24/22While he is not forecasting a dramatic crash in stocks, the Independent Speculator Lobo Tiggre believes there is tough times coming in 2023 for the markets. "I think the odds favor significant pain in 2023 and I do think that makes the Fed change policy." Markets will continue to slowly grind downward, he forecasts. As for gold, when investors realize infla...Read More

Daniel Lacalle: The Biggest Risks For Investors Right Now

November 24, 2022 / marketsanity.com

Daniel Lacalle, Released on 11/24/22Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richt...Read More

British Columbia to introduce "unexplained wealth" seizure law

November 24, 2022 / marketsanity.com

Life Site, Released on 11/24/22'Unexplained Wealth Orders could be used to confiscate property where there is no evident legitimate source of funds.'Continue... British Columbia to introduce "unexplained wealth" seizure law added by Herman James on 11/25/2022View all posts by Herman James ?+'Read More

Danielle Park: Should Canadians Be Worried?

November 24, 2022 / marketsanity.com

Howe Street, Released on 11/24/22Are Pension funds going to announce big losses?Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Daniel...Read More

Ghana plans to buy oil with gold instead of U.S. dollars

November 24, 2022 / marketsanity.com

Reuters (via Yahoo Finance), Released on 11/24/22"The barter of gold for oil represents a major structural change," he added.Continue... Ghana plans to buy oil with gold instead of U.S. dollars added by Herman James on 11/25/2022View all posts by Herman James ?+'Read More

Escondida workers reject BHP offer

November 24, 2022 / www.mining-journal.com

The union said BHP offered a payment of 2.8 million pesos (US$3,000) to each worker and offered to modify the collective contract.Read More

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