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
TORONTO, Feb. 14, 2020 (Canada NewsWire via COMTEX) -- Mistango River Resources Inc. (mis:CSE)(mis:Read full newsRead More
Spotlight-shy Daniel and Marinette Sedin, and Henrik and Johanna Sedin, have been behind so many worthy but unpublicized causesRead full newsRead More
Spotlight-shy Daniel and Marinette Sedin, and Henrik and Johanna Sedin, have been behind so many worthy but unpublicized causesRead full newsRead More
An evidence-based and unbiased free cannabis education resource for medicinal and adult-use cannabis consumers.Read full newsRead More
Website: www.osinoresources.com Primary ticker: TSXV:OSI Stage of development: Exploration Primary minerals: Gold Project to promote: Karibib Project / Twin ...Read full newsRead More
TORONTO, Feb. 14, 2020 (Canada NewsWire via COMTEX) -- Mistango River Resources Inc. (mis:CSE)(mis:Read full newsRead More
(IDEX Online) - Jewelry exporters in India are seeking to extend lines of credit as the coronavirus hits one of their biggest markets, according to reports on the Business Standard website.An estimated $2 billion of payment receivables are currently stuck with jewelry importers in China, which is effectively in lockdown. The country accounts for almost 30 percent of India's total jewelry trad...Read More
(IDEX Online) - Botswana is set to conclude negotiations with De Beers on a diamond sales agreement that replaces the current 10-year deal, which expires in January. As part of the new agreement, the government of Botswana wants an increase in the volume of diamonds cut and polished in the country. The bump in business will create jobs and boost the country's economy. "We are lookin...Read More
South African gold output surged the most in four years in December, providing an unexpected boost for the country's mining production.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
An additional 121 more coronavirus deaths were reported todayThe Dow limped into the long weekend with a loss today, after the Chinese National Health Commission reported an additional 121 more COVID-19-related deaths nationwide. The blue-chip index -- although it pared triple-digit losses in late-afternoon trading -- was also pressured by a slew of lackluster economic data, including retail sales...Read More
Feb 12, 2020 (GoldStocks.com via COMTEX) -- The rally in gold has been in progress since the beginning of the year due to the onset of the coronavirus scare...Read full newsRead More
Apollo Global Management stock has pulled back from its January peakEquity firm Apollo Global Management Inc (NYSE:APO) has struggled to regain momentum after hitting a record high of $52.67 on Jan. 30. Now down 4% year-to-date, APO has pulled back to the 80-day moving average. However, this recent drop may be short-lived, as data from Schaeffer's Senior Quantitative Analyst Rocky White suggests...Read More
The coronavirus outbreak remains a major catalyst on U.S. equitiesIt was an up-and-down week on Wall Street, with momentum largely dictated by the coronavirus outbreak. The Dow rose to record highs when it looked like there was an outbreakslowdown, but pulled back when more cases were reported just one day later. The S&P 500 and Nasdaq logged four-day win streaks earlier in the week and turned in...Read More
The Vale nickel company in New Caledonia says three bids are in to buy the 95 percent stake put up for sale.Read full newsRead More
Facebook's new app Hobbi will be a direct competitor to Pinterest Social media heavyweight Pinterest Inc (NYSE:PINS) is in focus because of a new product from Facebook (FB) called Hobbi. The app, which was released yesterday, will act as a direct competitor to Pinterest's scrapbook-style format, describing itself as a way to "organize your photos into visual collection and see the progress you're...Read More
A bull signal flashing for MYL could give its recent rally a big boost U.K.-based pharmaceutical name Mylan NV (NASDAQ:MYL) has been in rebound mode these past couple months, bouncing off a familiar floor at the $17 region in late November, and gaining roughly 29% in the months following. While the $23 level is, yet again, trying to thwart the security's recent rally, the EpiPen producer just pul...Read More
Stocks are mostly clinging to breakeven middayThe Dow Jones Industrial Average (DJI) has mostly been clinging near breakeven, as Wall Street turns its attention to a spate of economic data, including core retail sales, which showed clothing-store sales' biggest one-month decline since 2009. Better-than-expected U.S. consumer sentiment for February could be helping offset some of these losses, al...Read More
Friday saw Ariana Resources (LSE:AAU) reveal positive progress in joint venture ("JV") discussions for its Salinbas project in Turkey. The firm said that i...Read full newsRead More
Wells Fargo is waxing optimistic on the retailer's upcoming earnings reportShares of home improvement retailer Home Depot Inc (NYSE:HD) are up 0.4% at $243.30 this morning, enjoying a fresh bull note out of Wells Fargo. The brokerage firm -- which waxed optimistic about the company's upcoming earnings report on Feb. 25 -- hiked its price target to $265 from $240, a 9.3% upside to last night's cl...Read More