Independent thinking for complex markets and current events
Greenland’s untapped mineral wealth has helped land the island at the top of President Donald Trump’s empire-building wish list. Trump officials view Greenland’s underground riches as a way to loosen China’s stranglehold over the rare-earth metals that are critical for everything from fighter jets and lasers to electric vehicles and MRI scanners. “We need Greenland …
New Generation Of Industries Emerges In Texas As Rare Earths Race Ignites https://t.co/smU839P6Om — zerohedge (@zerohedge) October 21, 2025 Major oil companies are drilling in East Texas again, but not for oil. This time, they’re after lithium for batteries and other rare elements. Chevron and Halliburton announced East Texas projects this summer. Exxon has acreage …
China’s industrial profits dropped 9.1% in May 2025 compared to the same month last year. That is the sharpest monthly decline since October. The fall is not isolated. It is part of a broader contraction that has now stretched across multiple sectors and quarters. Beijing’s stimulus efforts are not catching. The engine is sputtering. Cumulative …
From the Barrick website:"We are building the world’s most valued gold and copper company by owning the best assets, managed by the best people to deliver the best returns and benefits to all our stakeholders.""To be the world’s most valued gold and copper mining business by… pic.twitter.com/f6r9RsCZrT — Oliver Groß (@minenergybiz) June 23, 2025
South African gold output has plummeted 80%, and it’s just one part of a much bigger story. As central banks hoard bullion while mines shut down for good, we’re in a new era of gold supply. Here’s what happens next… By Peter Reagan Your News to Know rounds up the most important stories about precious …
A bitcoin mining firm backed by President Trump’s son Eric will go public this year, the company announced Monday, deepening the Trump family’s interest in cryptocurrency. American Bitcoin — which lists Eric Trump as its co-founder and has its roots in a company backed by Donald Trump Jr. — is merging with the publicly-traded Gryphon …
Mining stocks still 48% below 2011 highs, but strong gains on the horizon It's remarkable to see gold miners achieve their highest weekly close in over a decade, followed by another strong start this week. I've mentioned this before, but I strongly believe we are entering a "Golden Age of Mining." With metal prices now …
https://twitter.com/pop123abc8989/status/1878998704272949546
Mining stocks: 10+ years of bleeding out. "The longer the base, the higher in space." The breakout will be epic. pic.twitter.com/yIR1lMl3DJ — GoldSilver HQ (@GoldSilverHQ) January 4, 2025 Silver could make a quick run towards $38 by late February or early March then pullback and then start a long anticipated run towards all-time high… pic.twitter.com/KvvzwuIs8d …
Authorities in Russia announced Tuesday plans to ban cryptocurrency mining in several regions this winter to address electricity shortages. The ban will affect the Irkutsk region, parts of the republic of Buryatia and the Zabaikalsky region in Siberia, as well as six regions in the North Caucasus, including the republics of Chechnya and Dagestan. It …
🚨🇩🇪EUROPE’S LARGEST TELECOM TO PILOT BITCOIN MINING WITH SURPLUS RENEWABLE ENERGY Deutsche Telekom’s subsidiary MMS, in partnership with Bankhaus Metzler, has launched a pilot project in Germany to use surplus renewable energy for Bitcoin mining. The initiative aims to… pic.twitter.com/j2nxpTk43I — Mario Nawfal (@MarioNawfal) November 4, 2024 BITCOIN MINERS TURN TO AI AS COSTS OF …
Burkina Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, junta leader Ibrahim Traore said on Saturday, without specifying which permits could be cancelled. “We know how to mine our gold and I don’t understand why we’re going to let multinationals come and mine …
"The mining giant expects the energy transition sector will account for 23% of copper demand by 2050, from 7% currently…" Source: https://t.co/zwPSzBmZ5Y. — Gold Telegraph ⚡ (@GoldTelegraph_) September 30, 2024 CEO of @IncRegulus John Black explains the looming copper supply shortage and the main drivers that will see demand for the metal grow to unprecedented …
The Daily Gold, Released on 9/11/24 0:00 Intro 0:05 9-11 1:15 Recent M&A Deals 2:25 Why Booming Now 5:18 Be First 6:25 Data from 3 Takeovers 10:08 THE NEXT TAKEOVER Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication …
Until Tuesday 27th August 2024, the Boungou and Wahgnion gold mines in Burkina Faso were owned by an African mining company. However Ouagadougou has agreed a deal to nationalise the mines for around $80 million. Endeavour Mining, which agreed to sell Boungou and Wahgnion to Lilium last year for more than $300 million, had accused …
by WHY_DO_I_SHOUT Riot Platforms’ $84M loss last quarter was linked here yesterday, but one thing in the linked article caught my attention. “The average direct cost to mine Bitcoin, inclusive of power credits, was $25,327 in the quarter, as compared to $5,734 per Bitcoin for the same three-month period in 2023,” Riot said. $25,327, let alone $5,734, …
500,000 acres of farmland are now without water due to the shutoff order. The shutoff order affects 6,400 groundwater users. The decision is linked to a predicted yearly shortfall and noncompliance with mitigations. Jervois, a company mining for cobalt, received approval to operate 24/7 shortly after the water curtailment order. The mining operation requires significant …
According to a report from Fox Business’ Charles Gasparino, the White House has claimed that Bitcoin mining places significant strain on the power grid. Indeed, Gasparino reported White House concern over BTC mining following its surge in price that occurred early this week. The perception has been consistent, as it follows the administration crypto mining tax …
Trump should win. This data has even shocked me, and it’s been right on every election and even Brexit. It’s basically showing, out of 6 models, it is showing four basically all for Trump, but two of them are showing absolute unbelievable landslides. It’s showing 61% for Trump. . . . The computer has never …
How ‘modern-day slavery’ in the Congo powers the rechargeable battery economy Smartphones, computers and electric vehicles may be emblems of the modern world, but, says Siddharth Kara, their rechargeable batteries are frequently powered by cobalt mined by workers laboring in slave-like conditions in the Democratic Republic of Congo. Kara, a fellow at Harvard’s T.H. Chan …