(IDEX Online) - Fashion model Molly Sims dazzled at the Met Gala, wearing 120 carats of diamonds.She wore a $1m necklace in her hair, courtesy of Ring Concierge, the New York jeweler that specializes in designs "for women, by women".Sims, 48, has featured in campaigns for Jimmy Choo, Escada, Giorgio Armani, Michael Kors, and Chanel.She also wore two pairs of pear and marquise cluster earrings (16...Read More
(IDEX Online) - Plans by Botswana Diamonds to buy the loss-making Ghaghoo mine have collapsed, after it failed to secure a joint venture partner.The Irish explorer had a a non-binding agreement with owners Gem Diamonds, dependent on it finding a partner by 10 May. But it says there's still a possibility it will resurrect the agreement.The mine, about 300 km northwest of the capital Gaborone,...Read More
From an industry-wide marginal production cost of US$6150 a tonne in 2021 the cost of producing copper has risen to $8000/t, the bank said.Read More
"This is a transformational year for Capstone as we ramp-up our new Mantos Blancos mill, construct the Mantoverde sulphides project and deliver a District Integration Plan for Santo Domingo with Mantoverde," Capstone Copper's CEO John Mackenzie said.Production levels from 2021 showed that the company would have had a copper production base of over 175,000t for that year.Capstone Copper was created...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade. Index futures responded partially to a continuing slowdown in China's economy due to efforts to slow COVID 19 infections.The Wheat continuous futures contract added $50.20 to $1,228.00 after India banned wheat exports. McDonald's slipped $1.04 to $244.00 after the company announced plans...Read More
Nouveau Monde Graphite (TSX-V: NOU; NYSE: NMG) and Mason Graphite (TSX-V: LLG; US-OTC: MGPHF) have entered into an option and joint venture agreement to advance Mason Graphite's Lac Gu?(C)ret project in northeastern Qu?(C)bec. As part of the deal, Nouveau will have the option to own 51% of the property if it invests $5 million in Mason Graphite and spends $10 million on advancing the property....Read More
The Horizons ETF Copper Producers Index ETF (TSX: COPP) is set to go live for trading on the Toronto Stock Exchange on May 17, providing a new option for investors to gain passive exposure to the world's $2 billion-plus market cap copper producers.Nicolas Piquard, the company's VP, portfolio manager and options strategist, tells The Northern Miner the fund aims to take full advantage of forecast i...Read More
Equinox Gold (TSX: EQX, NYSE: EQX) has suspended operations at its RDM mine in Brazil for at least two months as scheduled permits needed to raise its tailing dam were delayed, the company said on May 16. The company has been applying for permits to raise its TSF every year since 2018 after it altered the design of its facility and changed it from a centreline to a downstream design. It last r...Read More
The rise in the electric vehicle (EV) market share of the car industry is fuelling demand for the metals used in the lithium-ion batteries that power them. However, current lithium-ion battery technologies suffer from a trade-off between power and weight, with EV manufacturers seeking to maximize the energy density of batteries while minimizing their weight. Considerable effort is now underway t...Read More
Shares of Revival Gold (TSXV: RVG) rose 25% this morning on an updated resource estimate for its Beartrack-Arnett gold project in Idaho, that increased ounces in the indicated category by 56% and in the inferred by 19%. The project's updated indicated resource totals 64.9 million tonnes grading 1.01 grams gold per tonne for a contained gold of 2.1 million oz., compared with the 2020 reported esti...Read More
Baffinland Iron Mines' proposed expansion of its Mary River iron ore operation on the northern tip of Baffin Island, in Nunavut, has suffered a major blow after a review board advised against the project on environmental grounds.After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) last week rejected the miner's request to more than double output to 12 millio...Read More
Porphyry copper deposits are largely produced by mechanisms similar to those causing large volcanic eruptions, new research by the University of Geneva has found.In a paper published in the journal Communications Earth & Environment, the scientists behind the discovery say that at a time when current copper resources are dwindling, their finding opens up new avenues for the development of tools to...Read More
The city of Flin Flon in Manitoba has a rich and storied history of mining that began when gold was discovered around Amisk Lake at the start of the 20th century - the first major discovery of gold west of Ontario since the Klondike gold rush of the 1890s. The focus then shifted to base metals when, according to local legend, in 1915, a prospector named Tom Creighton discovered a massive copper-z...Read More
Tommy's Podcast, Released on 5/16/22David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.Dave Collum: Everything May or May Not Be F-ked added by Herman James on 05/16/2022View all posts by Herman James ?...Read More
Liberty and Finance, Released on 5/16/22"The everything bubble has popped," says top silver expert David Morgan. He sees potential for a more than 60% drop in the Dow Jones Industrial Average. When the stock market sells-off, typically metals follow initially. We could be nearing a bottom in the metals. The next support level for silver is $18, he says. As we approach a bottom, now may be a good t...Read More
RealClear Politics (via Zero Hedge), Released on 5/16/22People are badly misinformed...The average likely American voter is way off, thinking that over 46% of violent crimes involve guns. In fact, the true figure is less than 8%.Continue... Guess How Many Violent Crimes Actually Involve Guns? added by Herman James on 05/17/2022View all posts by Herman James ?+'Read More
Investors don't need to be told about the recent stock market crashes. The Dow Jones index is down 12.5% since early January. The S&P 500 is down 16.1% in the same period. The Nasdaq Composite is down an even more spectacular 26.5% this year. It lost more ground today.This puts the Nasdaq solidly into a bear market (down 20% or more from an interim peak) while the Dow and S&P 500 are both...Read More
Shelley - Twitter, Released on 5/16/22Remember when Australian police threatened children with automatic weapons for breathing fresh air on a deserted beach? pic.twitter.com/mwKt7iqSX6- Shelley (@Theshells1111) May 16, 2022 Remember when Australian police threatened children with automatic weapons for breathing fresh air on a deserted beach? added by Herman James on 05/18/2022View all posts by Her...Read More
Daily Reckoning, Released on 5/16/22Today, systemic risk is more dangerous than ever because the entire system is larger than before. This means that Continue... Rickards: Nowhere to Hide added by Herman James on 05/18/2022View all posts by Herman James ?+'Read More
BPR, Released on 5/16/22At least 39 of the 50 most prestigious institutions thus far added to the database have "some form of mandatory student training and coursework."Continue... Critical Race Theory now mandated in nearly 80% of top medical schools added by Herman James on 05/18/2022View all posts by Herman James ?+'Read More