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
Palladium One (TSXV: PDM; US-OTC: NKORF) has traced a new drill target within its wholly owned Lantinen Koillismaa (LK) project in Finland, 190 km northeast of Oulu.The latest target is within the Haukiaho East induced polarization (IP) survey grid, which covers 1.6 km within the 17-km long prospective Haukiaho trend. According to the company, the anomaly covers the entirety of the geophysical gri...Read More
A global copper surplus currently in the making is expected to get worse in the next 18 months as market disruptions have created greater uncertainty in the factors affecting supply and demand for the metal, a market's insider report shows.According to the International Wrought Copper Council (IWCC), which represents copper and copper alloy producers, supply is expected to surpass demand by 285,00...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10 ? a share.The funds will be used to advance its Tamarack nickel-copper-cobalt project in north-central Minnesota, about 89 km west of Duluth and 210 km north of Minneapolis.Resource Capital Funds participated in the offering, purchasing 21.13 mill...Read More
NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAs the old saying goes, one shouldn't let a good crisis go to waste, and gosh hasn't this one been a beaut. Most people, mysel...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company has also undertaken a 25:1 share consolidation reducing its share count to 64.4 million. Its shares now trade on the TSX exchange under the ticker MARI.Read More
My friends are now asking me about gold stocks. "I saw a video of you talking about Franco Nevada (NYSE: FNV) from February," the text read this week. "Do you still feel that way?"All Franco has done is double from its March lows. And I believe it - and gold prices - are going higher for many reasons that existed before the virus. Reasons that have now been both compounded and exacerbated. I've...Read More
Zambia is moving to amend gold-mining rules so that they treat the metal as strategic.Read full newsRead More
Singapore's National Environment Agency (NEA) has signed a US$1.5bn contract for the delivery of the Tuas Nexus Integrated Waste Management Facility (IWMF), which includes a 400 tonnes per day (tpd) anaerobic digester.Read full newsRead More
Otso Gold Corp. is pleased to announce the appointment of CoffeyRead full newsRead More
NV Gold Corporation is pleased to announce that it has closed itsRead full newsRead More
The S&P traded atop its 200-day moving average for the first time since early MarchStocks roared back to life after the long holiday weekend, ending Tuesday with impressive daily wins. Most notably, the S&P 500 jumped over the the 3,000 level, which coincides with its closely watched 200-day moving average, for the first time sinceearly March, before ending the day just below the region. Meanwhile...Read More
Noble Mineral Exploration Inc. announces closing of a non-brokereRead full newsRead More
Great Bear Resources Ltd. is pleased to announce that it has enteRead full newsRead More
Talisker Resources Ltd. is pleased to announce that drilling hasRead full newsRead More
Amazon's interest in podcasts puts SPOT in focusWhile most of the the broad market enjoys outsized gains, the shares of Spotify Technology SA (NYSE:SPOT) are flat, trading at $190.21 today. Rumors are swirling of Amazon.com's (AMZN) interest in investing in localized podcast content began circulating via a report from Axios. The article noted that sports content was a major draw for the e-commer...Read More
Deutsche Bank's CEO warned that markets are being too optimistic over the economy's recovery from the coronavirus crisisBearish comments from German financial name Deutsche Bank AG (NYSE:DB) have attracted the attention of options traders today, and sent the stock surging -- up 12.6% at $8.24 at last check. Specifically, the company's CEO Christian Sewing said during an online conference earlier t...Read More
Amazon looks to enter the video game realmJeff Bezos and his Amazon.com, Inc (NASDAQ:AMZN) empire have their hands in virtually everything, and are showing no signs of letting up. Now, Amazon is eyeing the video game sector, just last week taking a giant step forward with the launch of "Crucible," a free-to-playonline game similar to vastly popular, "Fortnite." As the online e-tailer prepares to t...Read More
The Dow is up over 550 points middayAll three major indexes are barreling higher at midday, with the Dow Jones Industrial Average (DJI) up nearly 600 points at last check, as investors unpack vaccine news and a slew of positive economic sentiment. Furthermore, both the blue-chip index and the S&P 500 Index (SPX) havebroken above key levels, with the latter reclaiming the round 3,000 level --an are...Read More