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Idaho gold mine wins federal approval despite objection

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A contested mine in Central Idaho that will produce gold and antimony earned the U.S. Forest Service’s final approval following a lengthy environmental review and objections from the Nez Perce Tribe, which will lose access for decades to federal lands guaranteed by a U.S. treaty.

“This approval elevates the Stibnite Gold Project to an elite class of projects in America that have cleared NEPA,” Jon Cherry, Pepetua’s president and CEO, said in a statement.

“The tribe’s treaties with the United States are the supreme law of the land and remain binding,”

Source – Idaho Statesman

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Marine Corps minted coins honoring 250th anniversary

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The coins are available in gold, silver and clad metals and can be purchased individually or as a set. The $5 gold coin depicts the Marine Corps Color Guard; the $1 silver coin shows the flag raising at Iwo Jima; and the half-dollar clad coin features two Marines, one wearing the continental uniform of 1775 with a musket, and the other in modern-day camouflage uniform holding an M4 service rifle.

Source – Stars and Stripes

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Gold and Silver : Experts predict 10% – 25% rally

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“Given the current scenario, central banks are likely to continue diversifying their reserves with gold for financial and strategic reasons,” ICICI Securities stated in its report.

Pankaj Pandey, Head of Research at ICICI Securities, noted, “We anticipate fresh investment demand for gold in 2025 as investors seek a store of value amidst trade war anxieties.”

Silver is poised to outperform gold in 2025, supported by strong industrial demand from green energy applications, including photovoltaics and electric vehicle (EV) electrification, said ICICI.

Source – Live Mint

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Vizsla Silver shares surge on resource

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This is an update on the 5 year project possibly longer.

Shares of Vizsla Silver shot up by 12.0% during the morning session, trading at a near 52-week high of $2.76 apiece.

“This update reflects the excellent mineralized continuity that exists at Copala. Reducing the space between drill holes at Copala to 25 metres has resulted in a significantly higher-grade profile in the upper levels of the resource and PEA mine plan,” Vizsla CEO Michael Konnert said in a statement.

Source – Mining.com

More Info!

Vizsla Resources expands Napoleon with multiple high-grade intercepts at Panuco project, Mexico

News on this topic from October 2020.

Vizsla President and CEO, Michael Konnert, commented: “Recent drilling continues to grow the Napoleon discovery area where the best new intercepts are from the deepest holes completed.  Mineralization has been extended to the south over 50m and is completely open at depth.  The broad intercepts in NP-20-25 and NP-20-27 as well as the internal high-grade veins increase the possibility of both open pit and underground mining scenarios.  The Company’s aggressive exploration program is targeting three vein corridors in the district and it is exciting to see the benefit of systematic drilling around our multiple discoveries, particularly the addition of significantly more mineralization at Napoleon.”

Source – Junior Mining Network

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US Copper’s updated PEA estimates NPV over $1 billion

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Moonlight – Superior project in California

The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold. A majority of the production will come from mining the sulfide mineralization at Moonlight-Superior.

US Copper CEO Stephen Dunn said the PEA, which a culmination of several years of planning, drilling, metallurgical testing and engineering studies, confirms “substantial economic opportunity” at current copper prices that can be realized through the development of a series of open pit mines on the property.

PEA – preliminary economic assessment

NPV – Net Present Value

Source – Mining.com

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Gold prices fall as yield rises

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Spot gold fell 0.2% to $2,634.52 per ounce by 2:27 a.m. ET (1927 GMT). U.S. gold futures settled 0.3% lower at $2,647.40.

“Bond yields are back up again, placing pressure on gold,” said Nitesh Shah, commodity strategist at WisdomTree.

“There’s speculation that Trump is going to pull back on tariffs … If (the prices of) commodities go up, inflation’s going to remain higher for longer,” Phillip Streible, chief market strategist at Blue Line Futures, said.

Source – Reuters

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Robert Kiyosaki predicts colossal market crash

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“GIANT MARKET CRASH here. Q: How can I be so bullish on gold, silver, and Bitcoin? A: Because the idiots running the Fed, Treasury, Banks, and Wall Street only know how to print money, which makes things worse. FYI: When fake money is printed the rich, who own real assets get richer…. while the poor and middle class, who save fake money, get poorer due to inflation and taxes. Let inflation make you richer, not poorer. Save gold, silver, and Bitcoin. Take care. Crash is here,” Kiyosaki wrote

Source – Benzinga

Robert Kiyosaki is an American businessman and author of ‘Rich Dad, Poor Dad’ and other personal finance books.

Happy New Year! Welcome 2025!

ByVictoria
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Today marks the start of new beginnings for many, a milestone for some and and just another year down for all.

I hope you enjoyed your last day of 2024 as we embark on this journey together learning more on precious metals and how it can benefit you in the long run.

Now that 2024 is in the rear view mirror let’s look forward not back, reach out goals and have our future selves be proud of the choices we make this year in 2025.

Quote for this New Year!

May every decision you make in 2025 lead to growth and fulfillment.

Have a great year everyone come what may and be grateful for everyday! 🎆🎇

-Victoria