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 resourcesAntofagasta expects to produce 725,000-755,000 tonnes of copper in 2020, 180,000-200,000oz of gold and 12,500-14,000t of molybdenum. This compares against 2019 guidance of 750,000-790,000t copper.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesRTEC had gained approval from the province's environment ministry to build a 99km winter access trail and install a temporary 65-80 person work camp to support exploration in 2020 and 2021, ForumRead More
Uranium companies have been awaiting a price recovery since the Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per lb. uranium oxide (U3O8). Many uranium producers have curtailed and shuttered operations, maintaining assets while hoping for a more profitable future. Juniors have developed impressive projects, poised to tak...Read More
Unigold (TSXV: UGD) has released the results of 28 holes testing oxide resource potential at its 226-sq.-km Neita concession in the Dominican Republic. The drilling has confirmed oxide mineralization over a strike length of 800 metres and a width of 150 metres, extending down to depths of 20 to 30 metres. The oxides appear open to the north-east with additional drilling planned.Drill highlights i...Read More
State prosecutors in Brazil have charged Vale's (NYSE: VALE) former CEO, Fabio Schvartsman, with homicide after the catastrophic tailings dam disaster a year ago at the company's Feijao iron ore mine in Minas Gerais killed more than 250 people. Schvartsman left his position at the company in March 2019.Homicide charges also have been levelled against 15 other people, according to a charging sheet...Read More
Most recent intercepts from Garibaldi Resources' (TSXV: GGI; OTC: GGIFF) 63-sq.-km Nickel Mountain project in the Eskay camp have extended the mineralized limits, connected these zones and suggest potential for near-surface sulphide mineralization.Drill highlights include 2 metres of 7.1% nickel and 3.9% copper in hole 19-75, within a 90-metre mineralized interval. This intercept expands the footp...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 financeSPONSOREDminexiaIn the latest, and (you will be relieved to hear) final instalment, in my acclaimed series, I cast my all-seeing eye forward a bit more to ex...Read More
The city has one of the country's most vibrant economies, having successfully transitioned from a predominantly resource-based economy to a diverse knowledge-based one, and in recent years has beenRead More
Jan 19, 2020 (GoldStocks.com via COMTEX) -- After last week's trading activity, some gold stocks are gaining more attention. Bit it's not just based on the...Read full newsRead More
The IMF now sees growth at 3.3% this year, down from 3.4% and also cut the 2021 forecast to 3.4% from 3.6%. Yet it still lifted the outlook for China to 6%. Slower growth rates imply lower interest rates. Low interest rates along with high inflation will result in continued rise on gold investment demand for the rest of the year. If gold price rise sharply and silver lags, then retail investor...Read More
The IMF now sees growth at 3.3% this year, down from 3.4% and also cut the 2021 forecast to 3.4% from 3.6%. Yet it still lifted the outlook for China to 6%. Slower growth rates imply lower interest rates. Low interest rates along with high inflation will result in continued rise on gold investment demand for the rest of the year. If gold price rise sharply and silver lags, then retail investor...Read More
If you've decided to invest in gold for retirement, you'll want to do your research. Here are three ways to get started.Read full newsRead More
Not for dissemination in the United States or through U.S. newswiresVANCOUVER, British Columbia, Dec.27, 2018(GLOBE NEWSWIRE) -- Auramex Resource...Read full newsRead More
The CDC reported the first U.S. case of the coronavirus earlierThe Dow finished lower by triple digits today and snapped a five-day winning streak in the process. The blue-chip index was down more than 200 points at its session low, after the Centers for Disease Control and Prevention (CDC) reported the first U.S. case of the coronavirus that's killed at least six people in China. Boeing (BA) als...Read More
Bullfrog Gold Corp (CSE:BFG, OTCQB:BFGC, FSE:11B) is pleased to announce the closing of a non-brokered private placement financing.Read full newsRead More
Silver Spruce Resources Inc., further to its news release dated Nov. 29, 2019, announcing the termination of the Cocula project, is seeking the approval of the TSX Venture Exchange to an amendment dated Sept. 10, 2019, to the letter of agreement dated July 13, 2019, with ProDeMin SA de CV. Under the terms of theRead full newsRead More
FireFox Gold Corp. is pleased to report that it has completed a three-hole at the Utsamo Target area within its 100% owned Jeesi?? Gold Project.Read full newsRead More
The Resolute Mining Limited (ASX:RSG) share price is pushing higher on Monday after providing an update on its gold hedging strategy... The post Resolute Mining share price higher after gold hedge update appeared first on Motley Fool Australia.Read full newsRead More
Jan 19, 2020 (GoldStocks.com via COMTEX) -- After last week's trading activity, some gold stocks are gaining more attention. Bit it's not just based on the...Read full newsRead More
The commodities stock is at a four-year lowDomestic steel stocks are getting hammered today, and that has meant a new nearly four-year low of $9.81 for United States Steel Corporation (NYSE:X), the shares last seen 6.5% lower on the day. They've broken below a long-time floor at the $10 level, but some options traders may be betting X can reclaim double-digit territory soon.For instance, call vo...Read More