The mine has been plagued by protests by different communities intermittently since it came into production in 2016, seeking greater social investment from the mine and mitigations from the noise andRead More
The SEC on April 28 charged Vale with making false and misleading claims about the safety of its dams prior to the January 2019 deadly collapse of its Brumadinho dam in Brazil.Read More
The credit facility includes a US$100 million term facility and a US$50 million revolving facility through a syndicate of lenders composed of The Bank of Nova Scotia, Bank of Montreal and CanadianRead More
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 mineralsWith an A$8-12 million capital raising underway, Nordic Nickel is set to join 27 new resource stoc...Read More
Copper production in Q1 stood at 13.3 million pounds, having dropped 10% from Q4 2021, and gold production of 13,610 ounces, was down by 11%, the company said.Imperial noted that block cave mining is advancing with the exploration decline at 1,225 metres as of April 20 and related surface infrastructure development is expected to be "substantially" complete by June.The feasibility study for the bl...Read More
Base metals prices on the London Metal Exchange edged up across the board on the morning of Friday April 29, as were most on the Shanghai Futures Exchange, with the exception of aluminium.* The slide in China’s renminbi yuan continues* China’s Politburo promises macroeconomic support for the economy* Apple warns of a hit from supply headwinds* US economy contracts 1.4% in the first quart...Read More
U.S. Index futures were lower this morning. S&P 500 futures were down 43 points in pre-opening trade. Index futures moved slightly lower following release of March Personal Income and Personal Spending at 8:30 AM EDT. Consensus for Income was an increase of 0.4% versus a gain of 0.5% in February. Actual was an increase of 0.5%. Consensus for Spending was an increase of 0.7% versus a gain of 0....Read More
More than a decade after shutting down lithium production, the Tanco mine in Manitoba started producing lithium spodumene concentrate in December, the mine's facility general manager Joey Champagne told The Northern Miner in an interview, making it a rare manufacturer of the raw material in Canada. Owned by Sinomine Resources, a company listed on the Shenzhen Stock Exchange in China, the mine...Read More
Western Potash, a subsidiary of Western Resources (TSX: WRX) will receive an $85-million loan from Appian Capital Advisory to complete the construction and development of the first phase of its Milestone potash project in Saskatchewan. The deal includes a six-year term loan facility at an interest rate of 12.5% per year, a grant of a 1.5% royalty based on the project's gross revenue, and the is...Read More
Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country's north.The centre is expected to improve safety, productivity and quality of life of employees, who will be able to work out of the region's capital city rather than at the site."The IROC is part of the company's strategy towards modern mining that...Read More
Canada's Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues to work on a financing package.Progress at the project, halted since 2017, was in the past hindered by both government delays in issuing permits and community opposition over the possible environmental impacts of gold...Read More
Although there are many examples of fabulously rich gold, diamond and base metals mines that have been developed in the Far North, the mineral potential of the northern reaches of Canada, the U.S., and other nations remains largely untapped. Here are eight exploration, development and mining companies active in the Arctic and near-Arctic. BMC MINERALS Drillers at BMC Minerals' Kudz Ze Kayah proj...Read More
Stansberry Research, Released on 4/29/22"[The United States] is heading into a recession," says Lynette Zang, Chief Market Analyst at ITM Trading. Zang tells our Daniela Cambone, "there's no doubt in my mind that we've begun the hyperinflationary depression, that's the next step." The dollar just hit, "a 20-year high against key trading partners," however, U.S. purchasing power is continuing to di...Read More
George Gammon, Released on 4/29/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More
Liberty and Finance, Released on 4/29/22Steve Penny, founder of Silver Chartist, sees that silver is about to turn around amid a pullback in yields. While silver could fall lower, he believes it is more probable for it to turn up from here. "If you are looking to buy physical," he says, "I think this is a fantastic time." That being said, he believes everyone needs to have their own strategy for w...Read More
The Deep Dive, Released on 4/29/22For the final episode this week on The Daily Dive, we welcome back Peter Grandich, CEO of Petergrandich.com. Peter joins us this week to discuss the impact of China's lockdowns on global markets, the potential for a global foo crises, and whether rate hikes can tame inflation. Also discussed is zinc inventories at the LME and the potential for a squeeze, the price...Read More
Rice TVx, Released on 4/29/22On this episode, I am joined by the "Silver Guru" David Morgan. David is the host and publisher of The Morgan Report & an author of 3 books, including the Silver Manifesto. I wanted to have a discussion about macro economics, cryptocurrency, blockchain, and everything in between. We discuss the Fed vs WEF, inflation vs deflation, gold and silver in 2022/2023, and then...Read More
Clown World Today, Released on 4/29/22??????OE? Biden's head of the new "Disinformation Governance Board" pic.twitter.com/RZqILqT18c- Clown World Today ??????OE? (@cwt_news) April 29, 2022 Biden's head of the new "Disinformation Governance Board" is a total nutjob added by Herman James on 04/30/2022View all posts by Herman James ?+'Read More
Katusa Research, Released on 4/29/22This is the single most important chart in the world right now.Continue... Marin Katusa: The gold rally has barely just begun... added by Herman James on 04/30/2022View all posts by Herman James ?+'Read More
Of Two Minds (via Dollar Collapse), Released on 4/29/22All of these similarities and differences are setting up a sea-change revaluation of capital, resources and labor thatContinue... Charles Hugh Smith: Not the 1970s or the 1920s: We're in Uncharted Territory added by Herman James on 04/30/2022View all posts by Herman James ?+'Read More