The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesIt is easy enough to be sceptical about the flight to ESG investing. Fund managers have clearly vested financial interests in p...Read More
RBPlat put the cost of the facility at ZAR10 million (US$0.6 million).It said it had worked with the North West provincial and Bojanala district health departments to convert its unused South Shaft Change House at the mothballed Maseve mine, to provide initial COVID-19 medical treatment to its employees and communities.The platinum group metals producer said the 2,940sq.m facility had five wards w...Read More
Executive Fireside ChatSean Boyd, Vice-Chairman and CEO, Agnico Eagle Mines LimitedMODERATOR: Anthony Vaccaro, Group Publisher, The Northern Miner GroupRead More
"What COVID has done for us is really focus us as a sector in so far as this pandemic can never be resolved, we can never find the answer to it and respond to it, without jointly working together toRead More
I'll be the first to admit when I'm wrong. (Sometimes the second, if you ask my wife...)But, I must say that I've been very wrong about Donald Trump and cannabis.When he ran for the presidency, I thought it would be a boon for marijuana stocks. I naively assumed that the Donald only cared about the green: money. I thought that he was politically agnostic when it came to making billions of dollars....Read More
Executive Fireside ChatSean Boyd, Vice-Chairman and CEO, Agnico Eagle Mines LimitedMODERATOR: Anthony Vaccaro, Group Publisher, The Northern Miner GroupRead More
VANCOUVER , BC andDENVER, CO ,June 30, 2020/CNW/ - SSR Mining Inc. (SSRM) (SSRM) (Read full newsRead More
Egypt's Ministry of Petroleum and Mineral Resources said on Tuesday a gold deposit with estimated resources of 1 million ounces had been discovered in the southeast of the country.Read full newsRead More
Industrial metal demand and energies demand will be much higher than the second quarter. World will never be in lockdown mode for the rest of the year. Cities, localities, districts may be locked down but never a nation. Demand for metals and energies will be there. Pace of demand will vary each month in every nation. Human have to live with COVID. Wearing mask and other precautions need to be t...Read More
Industrial metal demand and energies demand will be much higher than the second quarter. World will never be in lockdown mode for the rest of the year. Cities, localities, districts may be locked down but never a nation. Demand for metals and energies will be there. Pace of demand will vary each month in every nation. Human have to live with COVID. Wearing mask and other precautions need to be t...Read More
Saudi Arabia has threatened to ignite an oil-price war unless fellow OPEC members make up for their failure to abide by the cartel's recent production cuts.Read full newsRead More
America's biggest oil companies are coming under increasing pressure from climate-conscious investors.Read full newsRead More
Welcome to the INN Covid-19 Investor Survey, June 2020 We will be randomly selecting 10 participants to receive US$100 Amazon gift cards. Please feel freeRead full newsRead More
Montr?(C)al, Qu?(C)bec - June 30, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is pleased to announce that Marc Seelenfreund, CEO, has the following public address to make.Dear Fellow Shareholders,As the global COVID-19 pandemic continues to evolve, we want to address the current situation as well as discuss how our company has transformed itself over the past year. First and for...Read More
Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") announces it has filed its Q1 2020 financials and will be hosting an investor conference call on Thursday, July 2nd at 9:00 AM EDT (6:00 AM PDT) to discuss these results followed by a Q&A for investors.Q1 2020 Highlights:Top line revenue of $3.06M in Q1 2020, a slight increase over Q1 2019 of $3.03MGross margins...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that mobilization of drilling equipment to the Hughes Property is in progress. Additionally, the Company has filed an independent Technical Report for the Hughes Property on SEDAR.Drill Program Update:Drill Mobilization Underway: The Company is currently mobilizing one reverse-...Read More
Nat gas prices surge on hot weather model guidanceRead full newsRead More
Chevron works to meet the world's growing demand for energy by exploring for oil and natural gas; refining and marketing gasoline; producing chemicals and more.Read full newsRead More
The S&P 500 finished the June quarter strongly, closing up 1.54% yesterday to mark its best quarter in more than 20 years.Coming off a drop of 20% in the first quarter, the biggest quarterly decline since the financial crisis in the fourth quarter of 2008, the S&P rallied more than 19.95% to notch its biggest quarterly gain since 1998 which was at the height of the tech boom, Reuters repor...Read More
The unsecured two-year facility adds to a current $4 billion credit facility and $2.5 billion QB2 project financing facility.Teck said it would use the net proceeds of a $550 million debt offering to repurchase its notes worth $255.1 million due in 2021, 2022 and 2023 in a tender offer. The remaining net proceeds will be used to reduce amounts outstanding on the $4 billion credit facility.Teck has...Read More