Australian billionaire Gina Rinehart has become a formidable force in the global mining industry. After taking the helm of her father’s iron ore mining firm Hancock Prospecting in 1993, Rinehart embarked upon a diversification strategy that has vastly expanded her resource empire. Today, Australia’s richest person has investments in many…
Victoria Gold (TSXV:VGCX,OTC Pink:VITFF), the owner of the Yukon-based Eagle gold mine, has been placed into receivership after the collapse of a heap leach pad at the site in June. The company said on Wednesday (August 14) that the Yukon government had made a receivership application to the Ontario Superior…
Source Rock Royalties Ltd. (‘Source Rock’) (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces that its board of directors has declared a monthly dividend of $0.0065 per common share, payable in cash on September 13, 2024 to shareholders of record on…
West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the ‘Company’ or ‘West High Yield’) announces the next steps in the mining permit process for the Company’s Record Ridge Industrial Mineral Mine project (the ‘Project’). The Company received notification from the British Columbia Environmental Assessment Office (the ‘EAO’) that it has…
Westgold Resources (ASX:WGX,TSX:WGX,OTCQX:WGXRF) released a maiden ore reserve statement for its South Junction mine, part of the Bluebird – South Junction mining complex, on Wednesday (August 14). According to the company, the ore reserve for Bluebird – South Junction has increased by 233 percent and now stands at 3 million…
Allup Silica Limited (ASX: APS) (“Allup” or “Company”) is pleased to announce that it has strengthened its Board with the addition of 2 new Directors who have funded over $2billion in operations and developed, built and operated 3 VHM sand mines over the past 20 years in Australia and Africa.…
Don Durrett of GoldStockData.com weighed in on the recent market meltdown, saying he sees it as another indicator that the US economy is in trouble and heading toward a recession as the year continues. ‘I think that we’re going to see kind of like a 2008 scenario where you start…
Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported that food-at-home prices increased 1.1% year-on-year — the ninth-straight month of sub-2% increases. For the average consumer, the new price levels can take years to adjust to,…
Walmart remains cautious about the financial health of its shoppers, but executives at the retail giant do not see a full-blown downturn on the horizon. In an interview with CNBC, Walmart Chief Financial Officer John David Rainey said that the company decided not to raise expectations for the second half…
WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday. “There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,” the Harris campaign said in a statement.…