Recent News

US Senator group seeks change to Grant's 1872 Mining Act

May 04, 2022 / www.mining-journal.com

IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixOreCorp prepares to deliver Tanzania's next big gold mineSPONSOREDorecorpArrow Minerals on the gold discovery path in West AfricaSPONSOREDarrow mineralsBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsUS Senator Martin Heinrich, a member of the Senate Energy and Natural Resources Committee, has int...Read More

US Fed rate rise could dampen mining shares

May 04, 2022 / www.mining-journal.com

The expected interest rate increase by the Federal Open Market Committee will be the largest since 2000.Read More

Ivanhoe's third Kamoa plant to be 5mtpa

May 04, 2022 / www.mining-journal.com

The company expects that Kamoa Copper will become the world's third-largest copper mining complex after the phase 3 expansion with annualized copper production capacity of about 600,000 tonnes perRead More

Tech Talk for Wednesday May 4th 2022

May 04, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Index futures were virtually unchanged following release of the March Trade Deficit at 8:30 AM EDT. Consensus was $106.7 billion versus $89.20 billion in February. Actual was $109.8 billionThe Canadian Dollar was virtually unchanged at US78.04 cents following release of Canada's March Me...Read More

New Found Gold reports three high-grade gold discoveries in last two months

May 04, 2022 / www.northernminer.com

New Found Gold (TSXV: NFG; NYSE-A: NFGC) has reported more high-grade gold results from its ongoing, 400,000-metre drill program at its Queensway project in Newfoundland. Highlights from the drilling included 6.8 metres grading 8.7 grams gold per tonne starting from 98.3 metres in drill hole NFGC-22-533; and 2.2 metres grading 275 grams gold starting from 32.5 metres in drill hole NFGC-22-538....Read More

Baselode Energy rises on near-surface mineralization at Hook project in Saskatchewan

May 04, 2022 / www.northernminer.com

Shares of Baselode Energy (TSXV: FIND; US-OTC: BSENF) rose to their highest in May as the company reported elevated radioactivity in a near-surface interval in drill hole AK22-038 as part of the company's ongoing 20,000-metre drill program on the Ackio uranium discovery at its Hook project, in northern Saskatchewan's Athabasca Basin.The drill hole reported a radioactivity of 914 counts per second,...Read More

Q&A: SRK Consulting unpacks critical opportunities and challenges facing the African mining sector

May 04, 2022 / www.northernminer.com

SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing the industry from contributing to local economies to its fullest potential.The Northern Miner's senior reporter, Henry Lazenby, caught up with SRK Consulting director and principal consultant Andrew van Zyl...Read More

Champion Iron commissions Phase II project ahead of schedule, completes first shipment

May 04, 2022 / www.northernminer.com

Champion Iron (TSX: CIA; US-OTC: CIAFF) has completed the first rail shipments containing 24,304 tonnes of high-grade 66.2% Fe iron ore concentrate from the Phase II expansion project at the Bloom Lake mine in Quebec.The mine complex is located approximately 13 km north of Fermont, and 10 km north of the Mont Wright iron ore mining complex belonging to ArcelorMittal Mines Canada. The Bloom Lake...Read More

Osisko Mining assays more high grades at Windfall as it works towards 2022 feasibility

May 04, 2022 / www.northernminer.com

Osisko Mining (OSK: TSX) has released more high-grade results from its infill and expansion drilling at the Windfall gold project in Quebecc, including 43 intercepts in 17 underground drill holes and five wedges from surface.The infill intercepts are located inside the mineral resource estimate (MRE) blocks defined in January 2022, which reflected 1.7 million metres of drilling. The measured and i...Read More

Pandemic, inflation contribute to 90% cost rise at Iamgold's C??t?(C) project

May 04, 2022 / www.northernminer.com

Iamgold (TSX: IMG; NYSE: IAG) has revealed a costs blowout at its massive C??t?(C) gold project in Ontario, with preliminary estimates from an ongoing risk analysis indicating that development of the asset would require between US$1.2 billion and US$1.3 billion to complete.That compares to the company's previous assessment of between US$710 million and US$760 million needed and represents an eye-p...Read More

Recession risks rise as central banks move slowly on interest rates, Marc Faber warns

May 04, 2022 / marketsanity.com

ABC News (Australia), Released on 5/4/22Contrarian investor Marc Faber says central banks have waited too long to act. He believes a recession is inevitable and it will hurt ordinary people.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong...Read More

Doomberg: The Food & Energy Crisis Has Only Just Begun

May 04, 2022 / marketsanity.com

Blockworks Macro, Released on 5/4/22On today's episode of "Forward Guidance," Jack Farley is joined by the mysterious green chicken known only as "Doomberg," a research publication on energy, food, and fertilizer. Doomberg argues that the ongoing surge in oil and natural gas prices is due to key policy errors that, if they continue, will ensure that price shock will turn into a full-blown energy a...Read More

80% Stock Crash, Credit Freeze, NO CASH In Banks | Gregory Mannarino

May 04, 2022 / marketsanity.com

Liberty and Finance, Released on 5/4/22 (Recorded on 5/3/22)For decades, government policy has been borrowing from the future. The day of reckoning is coming. Market trader and coach Gregory Mannarino expects the stock market to crash as much as 80%. Investors will rush out of stocks and into real assets, he says. "There's going to be a credit freeze," he forecasts. "There's going to be no cash in...Read More

Danielle DiMartino Booth discusses the Federal Reserve's lies & incompetence

May 04, 2022 / marketsanity.com

NTD, Released on 5/4/22Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's T...Read More

Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco

May 04, 2022 / marketsanity.com

Blockworks Macro, Released on 5/4/2200:00 Opening Thoughts08:05 Powell's "Codewords"15:10 The Balance Sheet: Stock vs. Flow22:10 Is The Fed No Longer Credible?27:32 When Is Inflation Going to Peak?47:15 Worst Bond Market Sell-Off Since George Washington Became President51:30 Systemic Risks For The Financial Systems53:00 Are Rate Hikes Good for Commercial Banks?1:01:04 How Far Can The Fed Go?Follow...Read More

Rickards: Nice job, Fed!

May 04, 2022 / marketsanity.com

Daily Reckoning, Released on 5/4/22As widely expected, the Federal Reserve raised its target rate by 50 points today, its largest increase in 22 years.Continue... Rickards: Nice job, Fed! added by Herman James on 05/05/2022View all posts by Herman James ?+'Read More

World's Largest Shipper Warns About Stagflation: "Don't Think It's Temporary"

May 04, 2022 / marketsanity.com

Zero Hedge, Released on 5/4/22The world's largest ocean and inland freight transportation company warns about gathering storm clouds above the global economy as potential stagflation risks emerge Continue... World's Largest Shipper Warns About Stagflation: "Don't Think It's Temporary" added by Herman James on 05/05/2022View all posts by Herman James ?+'Read More

More synergies to come from Barrick

May 04, 2022 / www.mining-journal.com

The company saw its gold AISC increase 14.3% to US$1,164 per ounce compared with the prior year quarter and 19.Read More

The Biggest Rate Hike in 22 Years

May 04, 2022 / dailyreckoning.com

As widely expected, the Federal Reserve raised its target rate by 50 points today, its largest increase in 22 years.Some market analysts were even predicting a 75-basis point hike. But today, Jay Powell reassured markets by claiming that he's not considering such a move.The stock market soared after Powell's reassuring announcement. The Dow gained over 900 points today, with most of the gains comi...Read More

Canadian Mining Report - Weekly Roundup - May 2, 2022

May 04, 2022 / www.youtube.com

Read our weekly roundup to learn more ...Read More

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