Recent News

Is Canada being upfront on China critical minerals...

November 07, 2022 / www.mining-journal.com

Sheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedCanada's industry minister François-Phil...Read More

Canadian Jewellers Association Appoints New Chair

November 07, 2022 / www.diamonds.net

RAPAPORT... The Canadian Jewellers Association (CJA) has elected a new board of directors, to be chaired by Angela Betteridge.Betteridge, president of her eponymous jewelry company in British Columbia, will serve a two-year term from 2023 to 2025, the CJA said last week. Her career spans multiple facets of the industry, including diamond exploration, mining, rough and polished sales, advertising a...Read More

Israel Trade Slows Amid Economic Slump, Festivals

November 07, 2022 / www.diamonds.net

RAPAPORT... Israel's diamond shipments slumped in October as religious holidays compounded the negative impact of geopolitical and economic trends.Polished exports fell 24% year on year to $432.8 million for the month, after returns of unsold goods, the Economy and Industry Ministry reported Sunday. Export volume dropped 31% to 109,512 carats, with the average price up 9% at $3,952 per carat,...Read More

Central banks rediscover gold

November 07, 2022 / www.mining-journal.com

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy  Last week's US$50 an ounce jump in the gold price could have been caused by a number of factors but one of them looks to have...Read More

UAE to Be 2024 Kimberley Process Chair

November 07, 2022 / www.diamonds.net

RAPAPORT... The United Arab Emirates (UAE) will become chair of the Kimberley Process (KP) in 2024, trade leaders in Dubai announced following the organization's plenary meeting.The UAE will assume the role of vice chair for 2023 and take the helm the following year, in line with KP procedures, the Dubai Multi Commodities Centre (DMCC) said Sunday. The KP, which aims to keep conflict diamonds...Read More

Growth in US Watch and Jewelry Sales Down to Covid Levels

November 07, 2022 / www.idexonline.com

(IDEX Online) - The growth in sales of US jewelry and watches in September hit its lowest level since the Covid lockdowns of 2020. It was down to just 1.3 per cent. The figure for August, originally given as 3.7 per cent, has now been revised down, based on actual rather than estimated sales to 3.0 per cent. This paints a grim picture. The last time sales growth reached a low p...Read More

IDEX Polished Price Index for October: Seventh Month of Steady Decline

November 07, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index continued its near-straight line decline for a seventh consecutive month in October. It fell by 1.86 per cent, slightly less than September's 2.34 per cent, but still the second biggest drop since April. The Index started falling early in March. It was down 2.1 per cent in April, 0.69 per cent in May, 1.18 per cent in June and 2.05...Read More

Tech Talk for Monday November 7th 2022

November 07, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade.DoorDash gained $1.36 to 52.93 after Oppenheimer raised its rating from Perform to Outperform. Apple dropped $2.39 to $135.99 after announcing a reduction in iPhone 14 shipments.First Solar added $0.95 to $154.57 after Raymond James raised its target price from $145 to $175.Meta Platform a...Read More

U.S. Gold Corp. to Participate in Three Upcoming November Investor Conferences

November 07, 2022 / www.usgoldcorp.gold

Red Cloud Toronto's Fall Mining Showcase 2022, November 9-102022 Precious Metals Summit Zurich, November 14-15Mines and Money London, November 29-December 1CHEYENNE, Wyo., Nov. 7, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), a gold exploration and development company, today announced that its management team will participate in three upcom...Read More

Gun Safety Class, Indiana (1956)

November 07, 2022 / marketsanity.com

Americana Aesthetics - Twitter, Released on 11/7/22Gun Safety Class, Indiana (1956) added by Herman James on 11/08/2022View all posts by Herman James ?+'Read More

Rickards: Can Biden Make Things Even Worse?

November 07, 2022 / marketsanity.com

Daily Reckoning, Released on 11/7/22Americans know that gasoline prices are higher, home heating fuel prices are higher and that there's an Continue... Rickards: Can Biden Make Things Even Worse? added by Herman James on 11/08/2022View all posts by Herman James ?+'Read More

Dr. Naomi Wolf: The CDC Director was working with the Chinese Communist Party's People's Liberation Army... the whole time

November 07, 2022 / marketsanity.com

Citizen Free Press - Twitter, Released on 11/7/22Dr. Naomi Wolf:"The CDC Director was working with the Chinese Communist Party's People's Liberation Army... the whole time."pic.twitter.com/UrCjdCTzvO- Citizen Free Press (@CitizenFreePres) November 7, 2022 Dr. Naomi Wolf: The CDC Director was working with the Chinese Communist Party's People's Liberation Army... the whole time added by Herman James...Read More

Can Biden Make Things Even Worse?

November 07, 2022 / dailyreckoning.com

Americans know that gasoline prices are higher, home heating fuel prices are higher and that there's an emerging diesel fuel shortage in the United States.Higher fuel costs translate into higher costs for everything because trucks, trains, planes and cargo vessels all run on fuel (mostly diesel) so those higher fuel costs get passed along as higher prices for the goods being shipped including food...Read More

Ontario-focused Frontier Lithium aspires to become Canada's 'lithium champion'

November 07, 2022 / www.northernminer.com

With a project focused on one of the hottest commodities tied to mass adoption of EVs, Frontier Lithium (TSXV: FL; US-OTC: LITOF) is working towards completing a resource update and prefeasibility study for its PAK project in northwestern Ontario by the first quarter of 2023. The prospective lithium pegmatite project is 170 km north of the famed Red Lake gold camp in an emerging lithium mineral d...Read More

TNM Drill Down: Top gold assays for the week of Oct. 28-Nov. 4

November 07, 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 (www.miningintelligence.com). Donlin Gold LLC, the equal partnership in Alaska of Barrick Gold (TSX: ABX; NYSE: GOLD) and NovaGold Resources (TSX: NG; NYSE: NG), had the top-rated assays of the past week followed by i-8...Read More

Canadian markets close lower over Oct. 31 to Nov. 4 trading week

November 07, 2022 / www.northernminer.com

The Oct. 31 to Nov. 4 trading week saw the S&P/TSX Composite Index close 21.4 points or 0.1% lower, at 19,449.81. The S&P/TSX Global Mining Index lost 4.3 points or 4.6% to 95.88 and the S&P/TSX Global Base Metals Index fell 12.7 points or 8% to 170.3. The S&P/TSX Global Gold Index fell by 3.5 points or 1.4% to 239, and spot gold ended the week US$26.4 per oz. or 1.6% higher, at US$1,674.40 per...Read More

US markets fall in the week ending Nov. 4

November 07, 2022 / www.northernminer.com

U.S. markets fell last week after the U.S. Federal Reserve increased its benchmark interest rate by 75 basis points and Fed chairman Jerome Powell said talk of a pause in rate hikes to control decades-high inflation was "very premature." The Dow Jones Industrial Average fell 458.58 points or 1.4% to 32,403.22 and the S&P 500 dropped 130.51 points or 3.35% over the week to 3,770.55. Potash prod...Read More

TSX Venture drifts slightly lower over the Oct. 31-Nov. 4 trading week

November 07, 2022 / www.northernminer.com

The S&P/TSX Venture Composite Index ended the Oct. 31-Nov. 4 trading session at 593.70 points, just 3.23 points or 0.5% lower. Critical Elements Lithium shares rose by 31 ? to $4.75 after the company announced it had received its last major environmental approval for its Rose lithium-tantalum project in Quebec. The certificate of authorization granted by the province follows a federal environmen...Read More

Petra Diamonds halts Williamson mine in Tanzania after dam breach

November 07, 2022 / www.northernminer.com

Petra Diamonds (LSE: PDL) said on Monday it had halted operations at its Williamson mine in Tanzania after a tailings storage facility burst, causing flooding in nearby areas.The company, which also operates three mines in South Africa, said the eastern wall of Williamson's tailing dam was "breached," but said in an email that the pit was not affected.Petra noted that there were no injuries or fat...Read More

SolGold secures $50M royalty funding from Osisko Gold

November 07, 2022 / www.northernminer.com

SolGold (TSX: SOLG; LSE: SOLG) has secured $50 million in royalty financing from Osisko Gold Royalties (TSX: OR; NYSE: OR), which will help the miner fund the development of its Cascabel copper-gold property in northeastern Ecuador.Osisko will receive a 0.6% net smelter return (NSR) interest from SolGold, calculated with reference to NSRs from the Cascabel licence area. SolGold has a buy-back opti...Read More

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