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
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe cash-strapped Kopore, capitalised this week at about A$4 million, had its best hit with the last of the total of 20 holes it has so far put into a ground package covering more than 14,000 squareRead More
Gold exploration and mine development remain leading drivers of mining activity around the world by Canadian-based gold companies. Here is a look at eight companies with significant developments in 2020.Balmoral ResourcesA helicopter near Balmoral Resources' Bug Lake and Martiniere West gold deposits, part of the larger Detour Trend project in central Quebec. Credit: Balmoral Mining.Balmoral Resou...Read More
The coronavirus (COVID-19) outbreak continues to spread, with figures from the World Health Organization putting the number of infected people in China at 77,262 and the number of deaths in the country at 2,595, including two in Hong Kong.Another 2,069 cases and 23 deaths have been reported in 29 other countries, with eight deaths reported in Iran, seven in South Korea, two in Italy, and one in th...Read More
A proposal by the Brazilian government to open up the Amazon rainforest to mining presents opportunities for some and risks for others.The mineral wealth hidden beneath Brazil's Amazon rainforest is believed to be considerable.In recent years, the state of Par??, the second largest in Brazil's Amazon region, has overtaken Minas Gerais as the country's leading minerals producer, with companies prod...Read More
Cobalt bulls were dealt another blow this week after reports that the world's largest electric carmaker is shifting some production of its most popular model away from batteries that contain nickel and cobalt.In a surprise move, China's top battery manufacturer CATL will supply Tesla with lithium iron phosphate (LFP) batteries for its Model 3 production at its newly built US$2 billion factory outs...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe mining industry entered 2020 with a hint of optimism from forecasts that global growth could strengthen in the new year.Read More
In less than a year, pot stocks went from the "Belle of the Ball" to a "Pig with Lipstick".That is to say that it's been a rough go for us cannabis investors. Last year was a forest fire. But, it was crucial to recalibrate a runaway industry. I believe the best is yet to come...If you've been paying attention, you've seen this play out in real-time.Speaking of pigs and troughs, let's take a look a...Read More
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Gold broke past $1600 after World Health Organization had cautioned there was not yet enough data to know if the epidemic had slowed. World Health Organization (WHO) Director-General said Chinese data "appears to show a decline in new cases" but any apparent trend "must be interpreted very cautiously." Russia said it will suspend entry of many Chinese citizens. Corporate profitability will be af...Read More
Gold broke past $1600 after World Health Organization had cautioned there was not yet enough data to know if the epidemic had slowed. World Health Organization (WHO) Director-General said Chinese data "appears to show a decline in new cases" but any apparent trend "must be interpreted very cautiously." Russia said it will suspend entry of many Chinese citizens. Corporate profitability will be af...Read More
Three of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group, are approaching a tipping point which could see sharp share-price corrections as an era of rising profits and generous dividends comes to an end.Read full newsRead More
Three of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group, are approaching a tipping point which could see sharp share-price corrections as an era of rising profits and generous dividends comes to an end.Read full newsRead More
Commander Resources Ltd. reports results from a 70 line kilometre Induced Polarization survey completed at the Company's Pedro Gold project.Read full newsRead More
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Gold futures logged their fifth straight gainThe Dow bounced back with a triple-digit win today, snapping a three-day losing streak in the process. The blue-chip index was propped up by a recovery from Apple (AAPL), while the number of newly confirmed coronavirus cases came in at their lowest level since January. In addition, China's Ministry of Industry and Information Technology said it would be...Read More
The price of gold broke past US$1,600 per ounce on Monday as businesses continued to be impacted by COVID-19.Read full newsRead More
When it comes to Saturday night's big fight, it will just be Tyson Fury in the ring. The pressure, the adrenalin, the expectation; it will...Read full newsRead More
SEDG and SPWR stocks are making double-digit percentage movesA number of solar stocks are moving higher today, and options traders are moving in. Starting with Canadian Solar Inc. (NASDAQ:CSIQ), the stock is trading up 5.5% at $24.80, trading at its highest point in almost a year following news the company is selling a plant in Japan for $205 million, and calls are crossing at 19 times the pace e...Read More