The US is reportedly set to seize Venezuela’s gold reserves held at the Bank of England.

According to El Nacional, all 31 tons of Venezuelan gold, valued at around $4 billion, will be transferred to the United States, potentially depriving Venezuela of control over the assets.

The US is reportedly set to seize Venezuela’s gold reserves held at the Bank of England. According to El Nacional, all 31 tons of Venezuelan gold, valued at around $4 billion, will be transferred to the United States, potentially depriving Venezuela of control over the assets.

u/JGaliathus — 2 days ago

Under the Radar, Big Potential: Steadright Critical Minerals Secures Key Mining Licence Approval

Steadright Critical Minerals (CSE: SCM) just received official approval for its TitanBeach Titanium Beach One mining licence through its Moroccan subsidiary. While the market hasn't fully caught on yet, this quiet milestone is a huge step forward for the company.

Here is why this news matters:

  • Massive Scale: The approval grants access to a 16 square kilometer area in southern Morocco. Local authorities noted that an approval of this size is rare for the region.
  • High Demand Mineral: Titanium dioxide is officially listed as a critical strategic mineral across North America and Europe. It is essential for aerospace, defense, and specialized industrial uses.
  • Great Location: Morocco is a top-tier, stable mining jurisdiction. It offers direct access to Atlantic shipping routes and tax benefits for local projects.

Securing a full mining licence transitions a company from simple exploration to real project development. For a smaller company, holding 16 square kilometers of permitted titanium sands is a major de-risking event that could deliver massive long-term value.

https://thedeepdive.ca/steadright-secures-mining-licence-for-titanbeach-titanium-project/

u/JGaliathus — 8 days ago

Trump declined to answer whether targeting civilian infrastructure like power plants and bridges constitutes war crimes, then dismissed the question after learning the reporter was from The New York Times.

u/JGaliathus — 27 days ago

Kentucky Gov. Beshear calls on Sen. McConnell to publicly disclose his health status to state constituents.

u/JGaliathus — 1 month ago

SCOTUS strikes down Trump's birthright citizenship EO as unconstitutional; 5-3 majority rules children born in US to unlawfully/temporarily present parents are citizens under the 14th Amendment.

u/JGaliathus — 2 months ago

Putin says Russia is prepared to engage in peace talks with Ukraine.

u/JGaliathus — 2 months ago

Trump claimed the world would have exhausted oil reserves in 4 weeks without a peace agreement, warning it would have caused "bedlam."

u/JGaliathus — 2 months ago

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

u/JGaliathus — 3 months ago

Binance to enter the Philippines again via a BlockShoals partnership under the SEC’s sandbox framework.

u/JGaliathus — 3 months ago

Power Metallic Pushes Deeper Into Saudi Arabia With Amaar Mining Tie-Up

Power Metallic Mines signed a 50/50 joint venture agreement with Amaar United Mining Company to pursue mining license opportunities in Saudi Arabia, with Power Metallic leading technical and geological work while Amaar handles local regulatory and strategic support. The financing structure favors Power Metallic initially, requiring it to contribute only US$2.5 million of the first US$10 million in approved funding while still keeping equal ownership and economics with Amaar. The partnership expands on Power Metallic’s earlier foothold in Saudi Arabia through its Jabal Baudan exploration license, as the company aims to build a larger long-term exploration platform in the Kingdom.

u/JGaliathus — 3 months ago