Thanks to U.S. dollar's weakness, the Fed's holding of interest rates at an all-time low and discouraging private sector job additions amid the pandemic, the appeal for gold has increased.Read full newsRead More
Michael Cuggino of the Permanent Portfolio makes the case that gold is still relatively cheap, despite its 35% increase this year.Read full newsRead More
The Olympiada mine in eastern Siberia is one of the world's largest. (Image courtesy of Polyus Gold). Despite some disruptions caused by the covid-19 pandemic, Russia is expected to surpass China as the world's top gold producer by 2029, achieving average annual growth of 3.7% y-o-y between 2020 and 2029. This forecast was presented in a report by Fitch Solutions Country Risk & Industry Research...Read More
Remains of the Incahuasi mine on the Hombre Muerto salt flat. (Image by Jorgiponn, Wikimedia Commons). An MLA in Argentina's Catamarca province presented a proposal before the legislature asking for mining royalties to be raised to 51% from the current 2%.Hugo ??vila, who belongs to the Citizen Union's Front led by former left-wing president Cristina Fern??ndez de Kirchner, criticized the 2% in r...Read More
Acid mine drainage from coal mines in Ohio. (Reference image by Jack Pearce, Wikimedia Commons). Researchers at Penn State University developed a two-stage treatment process for acid mine drainage that enabled them to recover higher concentrations of rare earth elements using smaller amounts of chemicals than previously possible.In a paper published in the Chemical Engineering Journal, the scient...Read More
Here are five Fastmarkets stories you might have missed on Friday August 7 that are worth another look....Read More
Barrick Gold is due to release its second quarter results today.The gold price has softened but remains above the US$2,000 per ounce mark, reached for the first time last week.It was about $2,208/oz on the spot market at the time of writing.China's iron ore imports in July surged to a record, up 24% from a year earlier, Reuters reported, driven by shipments from miners and resilient demand as the...Read More
Here are five Fastmarkets stories you might have missed on Friday August 7 that are worth another look....Read More
Here are five Fastmarkets stories you might have missed on Friday August 7 that are worth another look....Read More
Pini Althaus, who is CEO of USA Rare Earth LLC., tells us that USA Rare Earth LLC. Pre-IPO, with facilities based in the USA, plans to be the first Mine-to-Magnet operation outside of China. The Round Top deposit has lithium and 16 of the 17 rare earths (REE's), with a high concentration of heavy rare earths like Dysprosium and Terbium. Pini plans to make USA Rare Earths the second largest lithium...Read More
Here are five Fastmarkets stories you might have missed on Friday August 7 that are worth another look....Read More
The COVID-19 pandemic came as an external shock, almost unprecedented. How can we navigate the uncertainty of the post-pandemic future? We talked to the author of bestselling books 'The Black Swan', 'Antifragile', and 'Skin in the Game', risk analyst Nassim Nicholas Taleb.Nassim Taleb spent 20 years as a derivatives trader and, after closing 650,000 option transactions and examining 200,000 risk r...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Gold is up for 9th consecutive week.Gold stocks scaling a wall of worry.Clock is ticking on TikTok and WeChat.Trump acting more like a king than a president.US government more dangerous to Americans than China's government is.Jim Rickards is wrong on inflation.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his...Read More
A Virginia-based software company founded by two US military veterans with backgrounds in intelligence has been tracking hundreds of millions of mobile phones Continue...Read More
But lying under oath to members of Congress at a public hearing is a serious felony, and I think Mr. Pichai would Continue...Read More
"If I'm victorious on November 3rd, I plan to forgive these taxes and make permanent cuts to the payroll tax. I'm going to make them all permanent."Continue...Read More
Researchers say new studies and anecdotal reports imply kids are more vulnerable to carrying and spreading the virus than initially suspected.Continue...Read More
Pretium Resources reported Q2/20 financial results that included a 47% increase in YoY revenue driven by higher gold prices and strong production at its Brucejack Mine in British Columbia. Pretium's Brucejack MinePretium Resources Inc. (PVG:TSX; PVG:NYSE) in a news release announced second quarter and first-half 2020 operating and financial results for the period ended June 30, 2020.The company's...Read More
Here are five Fastmarkets stories you might have missed on Friday August 7 that are worth another look....Read More