Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
One of Wall Street's most pessimistic hedge fund managers is sounding the alarm for a coming market crash, saying the US is in ...Read More
Aurion CEO, Matti Talikka, provides a brief summary of our recent drilling news from November 13, 2023. The press release ...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current movements in the market, as well as some stocks he believes may be worth your attention.This is Thanksgiving Weekend in the mighty U. S. of A, which is the biggest holiday travel day of the year and precedes the mighty "Black Friday" shopping event when crowds break down the doors at Apple stores across the country because a...Read More
This session will provide you with an understanding of the key deliverables of Wood Mackenzie's Copper Mine Cost Service, how to access and use them to:Analyse copper mines cost and look at the global cost curveBenchmark the mines using various production related metricsRegister nowPlease click on the relevant link below to register for the session of your interest.Tuesday, 5 December 2023 - 4pm L...Read More
Wood Mackenzie’s latest report shows that compared to other base metals, China’s copper market appears to be better cushioned from the country’s power crunch.Since mid-2021, the Chinese government has been rationing power across many provinces with greater focus on energy-intensive industries such as steel, cement, chemicals and non-ferrous metals. Despite the measures, China&rsq...Read More
Sentiment surrounding coronavirus (COVID-19) has dominated markets and copper price movements so far in 2020. As a result of the virus, near-term global demand is softening, and the copper market is facing oversupply as a period of significant mine supply is on the horizon. So, looking at the copper market fundamentals – where will the winners and losers be? Join our w...Read More
Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will underpin a huge increase in long-term demand.At the recent Future Facing Mined Commodities Forum, we looked at the importance of these two metals for the energy tran...Read More
How much copper is needed to successfully meet the climate targets set out by the Paris Agreement? Wood Mackenzie quantifies the scenario in its latest research report, ‘Red metal, green demand: copper’s critical role in achieving net zero’, finding that the global energy transition presents an almost unattainable mine supply challenge, with significant investment and price incen...Read More
(IDEX Online) - A huge 133.03 carat fancy vivid yellow diamond is to be sold loose by Sotheby's New York, with an estimate of $4m to $5m.The VS2 cushion modified brilliant-cut gem will lead the Hollywood-themed live Magnificent Jewels auction on 5 December. The gem is described as coming from "an important private collection", but the name of the owner is not disclosed.The sale features...Read More
(IDEX Online) - Diamond factories have finally re-opened in Surat after a record 36-day closure for Diwali.But many are still working well below full capacity as global demand remains low.Manufacturing units in the city closed earlier than usual on 21 October for what is traditionally a 20-day break. But they didn't return until Monday 27 November."There is a momentum found in the market...Read More
(IDEX Online) - Sarine announced a 28 per cent drop in Q3 revenue to $10.4m as economic uncertainties persisted in the US and China.The Israel-based diamond tech company said it made a loss of almost $1m in the three months to 30 September."Overall industry conditions are likely to remain challenging for the rest of FY2023," the company said.It also noted that 10 per cent of its workforce had been...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 23 points at 8:35 AM EST.Index futures were unchanged following release of updated third quarter real GDP at 8:30 AM EST. Consensus was an annualized increase of 4.9%, unchanged from the previous estimate. Actual was an annualized increase of 5.2%.Intuit gained $1.93 to $567.00 after reporting higher than consensus fis...Read More
"American Taxpayers Are Now Slaves to Interest Payments."So the Heritage Foundation informs us. More from which:Interest on the federal debt is now so immense that it's consuming 40% of all personal income taxes. The largest source of revenue for the federal government is increasingly being devoted to just servicing the debt, not even paying it down.Forty percent of all personal income taxes!How d...Read More
Michael Ballanger of GGM Advisory Inc. shares one Canadian silver stock he believes you will want to own sooner rather than later.Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB)Since the day I released Email Alert 2023-131 on October 3, I have been haranguing my poor subscribers about the outlook for Norseman Silver Ltd. (NOC:TSX.V; NOCSF:OTCQB) since the stock was trading down below CA$0.05 to as l...Read More
A slowdown in EV sales growth has taken the shine off lithium prices, but they have given back almost all their gains, so Ron Struthers of Struthers Resource Stock Report believes there is not much downside left. Regardless of lithium price, Struthers commented on how Max Power has a unique and favorable property in Arizona that they are drilling.In the last 20 months, I have only picked two junio...Read More
Interra Copper Corp. has exercised an option with ArcWest Exploration Inc. for a project in a copper-producing region of British Columbia. Read on to see why analysts like this company's stock.Interra Copper Corp. (IMCX:CSE; IMIMF:OTCQB; 3MX:FRA) announced in a press release that it had executed the option it negotiated for a maximum of 80% earn-in and joint venture agreement on ArcWest Exploratio...Read More
Streetwise Reports sat down with Steven Palmer of AlphaNorth Asset Management to go over his outlook for the new year and four stocks he believes are worth your while.AlphaNorth Asset Management is a Toronto-based investment manager that was founded in 2007. The firm believes that superior long-term equity returns can be achieved by taking advantage of inefficiencies in the Canadian small-cap stoc...Read More
Global Analyst Adrian Day reviews large developments at four royalty companies. Wheaton Precious Metals Corp. (WPM:TSX; WPM:NYSE) announced that Vale's Salobo III expansion had passed its first-phase completion test, in line with Wheaton's previous guidance, triggering a payment of $370 million. The Salobo expansion is expected to increase throughput to 36 Mtpa by the end of 2024, up from 24 Mtpa...Read More