Rising geopolitical risks ever since Russia launched its attack on Ukraine, combined with a massive digital transformation in the mining sector in recent years to boost efficiency, has vastly increased the need for companies to update and invest in their cybersecurity systems, analysts and mining executives say. Victoria Gold (TSXV: GCX) warned investors in its annual report last month that the m...Read More
The S&P/TSX Venture Composite Index tumbled by 51.58 points or 5.8% over the Apr. 18-22 trading session to end at 836.63. The week's most actively traded stock was Alphamin Resources, which advanced 24 ? or 21.2% to end at $1.37 per share, on trading volume of 22.1 million shares. The company operates the world's highest-grade tin mine, Mpapa North, in the Democratic Republic of the Congo's Nort...Read More
The Dow Jones Industrial Average fell 600.29 points or 1.77% to 33,811.40 and the S&P 500 fell 119.91 points or 2.8% over the week to 4,271.78. Shares of Endeavour Silver fell 20.3% to US$4.44 as the price of silver fell by 6.4% to US$24.34 per oz. during the week. On Apr. 13, the company reported high-grade drill results from its ongoing exploration program at the Guanacevi mine in Mexico's Dura...Read More
Over the Apr. 18-22 trading period, the S&P/TSX Composite Index fell 692.03 points or 3.2% to 21,186.38. The S&P/TSX Global Mining Index decreased 15.14 points or 12.85% to 117.82 and the S&P/TSX Global Base Metals Index fell 30.71 points or 15.41% to 199.25. The S&P/TSX Global Gold Index fell 31.02 points or 9.07% to 341.86 and spot gold ended the week down 1%, or US$22.45 per oz. lower, at US$1,...Read More
Russia's state-owned nuclear power supplier Rosatom and Nornickel, the world's largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country's northwest, Sputnik radio reported.The announcement comes about two weeks after Chile and Argentina suspended raw lithium shipments to Russia amid increasing global sanctions to Moscow linked to the invasio...Read More
Palladium One Mining (TSXV: PDM; OTC: NKORF) has released a resource update on its 100% owned L??ntinen Koillismaa (LK) PGE-copper-nickel project in north-central Finland that increases tonnage in the indicated category by 250%, and inferred tonnage by 14%.The new resource encompasses three open-pits in the Kaukua area, including an initial resource for Kaukua South and Murtolampi, and one at Hauk...Read More
Kinross Gold (TSX: K; NYSE: KGC) is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold (CSE: ASE) in a cash and shares deal worth $225 million.The open-pit and underground mining operation in southwestern Ghana produced 154,668 gold-equivalent ounces in 2021, compared to 166,590 oz. in 2020 and is located immediately south of Asante's Bibiani gold mine. The govern...Read More
George Gammon, Released on 4/25/22?>>?Simon Black, as James Hickman is more commonly known, is the Founder of Sovereign Man. He is an international investor, entrepreneur, and a free man. His daily e-letter, Notes from the Field, draws on his life, business and travel experiences to help readers gain more freedom, more opportunity, and more prosperity. Hickman is a lifelong entrepreneur and invest...Read More
Kitco News, Released on 4/25/220:00 - Gold price performance10:13 - Asset allocation12:44 - "Bearish phase"20:00 - Entry level23:30 - Gold price outlook Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic. Chris Vermeulen, g...Read More
Project Syndicate (via Zero Hedge), Released on 4/25/22While recent shocks have made the current inflationary surge and growth slowdown more Continue... 'Dr. Doom' Warns Of The Gathering Global Stagflationary Storm added by Herman James on 04/26/2022View all posts by Herman James ?+'Read More
CNBC, Released on 4/25/22Peter Boockvar, Bleakley Advisory Group CIO, joins 'The Exchange' to discuss how the Fed tightening will affect markets and the U.S. economy.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Peter Boockvar: 'Double-barreled tightening' will affect markets and the U.S. economy added...Read More
Otavio (Tavi) Costa - Twitter, Released on 4/25/22A classic sign of a commodities cycle in its early innings.Producers remain so financially restrained to invest in their businesses that they are almost giving more capital back to shareholders than what they spend on CAPEX. pic.twitter.com/mEhCRh9xUn- Otavio (Tavi) Costa (@TaviCosta) April 24, 2022 Tavi Costa is a partner and portfolio manager at...Read More
The Epoch Times (via Zero Hedge), Released on 4/25/22Heart inflammation requiring hospital care was more common among people who received COVID-19 vaccines than those who did not, according to a new study of tens of millions of Europeans.Continue... Scientists Discover Heart Inflammation More Prevalent Among Vaccinated Than Unvaccinated: Study added by Herman James on 04/26/2022View all posts by H...Read More
With its technical team bolstered by the arrival of Bryan Wilson as VP mine GM and Terry Smith as COO, the company believes it is now on track to turn the corner, if it can obtain the capital requiredRead More
The first hole intersected multiple mineralised horizons over the first 110.6m of the hole with highlights of 28m grading 4.5 grams per tonne gold equivalent and 23.9m grading 5.3g/t.Read More
New York Post, Released on 4/25/22A transgender Rikers inmate raped a female prisoner while in the women's section of the jail and has been sentenced to seven years, officials said Monday.Continue... Transgender Rikers inmate sentenced to 7 years for raping female prisoner added by Herman James on 04/27/2022View all posts by Herman James ?+'Read More
Dear Outsider,There's been so much insider buying activity over the last few months that I don't even know where to start.I guess we'll start with a man who's been manipulating stock prices his entire career... Elon Musk.His chickens may finally be coming home to roost.The Feds are after him.They say he delayed reporting his recent Twitter (NYSE: TWTR) purchases so he could buy more on the cheap.H...Read More
The latest estimate of U.S. GDP growth for the first quarter of 2022 from the Federal Reserve Bank of Atlanta is 1.3% (annualized). That's a notably weak reading and it comes just days before the final number is published by the Commerce Department.It's true that the first quarter is behind us, but the first quarter was relatively unaffected by the war in Ukraine, which began Feb. 24. The impact o...Read More
Well not all Stocks can be winners some you just end up bag holding. My biggest bag holder is CMC, Followed by RHC.Read More
The Daily Gold, Released on 4/25/22Brent Johnson, CEO of Santiago Capital, has a very unique perspective being a US dollar bull and a Gold bull. In this interview he discuss potential scenarios for this year. These include what could happen in a recession and how the dollar would be impacted. He also sees potential for a rebound in the dollar but would not be surprised if the dollar makes a lower...Read More