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
(IDEX Online) - The Jewelers' Security Alliance (JSA) awarded its 15th Annual Industry Service Award to Christina (Chris) Hackler, vice president of Asset Protection- Global for SignetJewelers at its annual luncheon. This marks the first time the award has been presented to a woman."Chris has been a close partner of JSA for many years, and has served on JSA's Board of Directors sin...Read More
(IDEX Online) - I. Hennig has launched an online rough trading platform called Virtual Broker (VB). The platform allows buyers and sellers to negotiate directly. Goods on offer on the platform can be viewed at the Hennig Tenders offices in Antwerp With the new system, buyers and suppliers - who remain anonymous - can close deals without having to wait for a sale to end. This, says I. Hennig,...Read More
(IDEX Online) - GIA (Gemological Institute of America) is hoping to capture consumers' attention with two video ads about its Diamond Origin Report and the 4Cs. The ads are set to run in New York City's Times Square until February 15.The ads went up during the 2019 holiday season and are located on the 56-by-29-foot wrap-around video billboard at 1500 Broadway on the north-east corner at...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesResolute is selling the project for A$50 million cash, a $50 million promissory note, and further payments potentially totaling another $200 million contingent on future gold prices and productionRead More
First Cobalt (TSX: FCC; US-OTC: FTSSF) has released an updated resource for its 7-sq.-km Iron Creek project in Idaho, with 2.2 million tonnes at 0.32% cobalt-equivalent in the indicated category and 2.7 million tonnes at 0.28% cobalt-equivalent in the inferred category. Contained cobalt stands at 12.3 million lb. in the indicated and 12.7 million lb. in the inferred category.This represents a 10%...Read More
Wesdome Gold Mines (TSX: WDO) has issued production guidance of 90,000 oz. to 100,000 oz. gold for 2020. Last year's production of 91,688 oz. was in line with prior guidance of 88,000 oz. to 93,000 ounces.The bulk of the company's production is from its Eagle River underground mine near Wawa, Ontario. Output from this asset has been steadily increasing, with 88,617 oz. produced last year, compared...Read More
Pay-by-day mining software gives geologist competitive boostSPONSOREDmicromineSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesMaking predictions is not hard. We do it all the time, largely without thinking.Read More
The Dubai Multi Commodities Centre (DMCC) has inaugurated a state-of-the-art luxury vault and safe deposit facility, the 818 Vault, in the Jumeirah Lakes Towers (JLT), in Dubai.Officially opened on Wednesday, the high-security vault adds to DMCC’s trade and business ecosystem that provides facilities, services and infrastructure to member companies operating in the gold, diamond, precious me...Read More
When they find out how to burn waterAnd the gasoline car is goneWhen an airplane flies without any fuelAnd the sunlight heats our homeBut one of these days when the air clears upAnd the sun comes shinin' throughWe'll all be drinkin' that free bubble-ubbAnd eatin' that rainbow stew- Merle Haggard, "Rainbow Stew"I can almost taste the rainbow stew.For the past few weeks, we've been telling you about...Read More
Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More
Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More
Critical Water Appropriation Permit Issued by Oregon Water Resource DepartmentRead full newsRead More
Today's visualization compares individual commodity returns between 2010 and 2019.Read full newsRead More
Talisker Resources Ltd. is pleased to announce that it has appointed Mr. Morris Prychidny to the Company's board of directors.Read full newsRead More
All three indexes scored record highs earlier todayThe Dow finished marginally higher today and hit fresh record highs, as Wall Street weighed bank earnings with the latest U.S.-China trade headlines. The "phase one" trade deal to be signed tomorrow reportedly involves China buying over $200 billion worth of U.S. goods in the next two years, and ensures the U.S. won't implement any new tariffs on...Read More
Newrange Gold Corp. is pleased to announce that it has signed an option agreement to earn a 100% interest in the H Lake Property from Bounty Gold Corp.Read full newsRead More
ETSY is also drifting into overbought territorySmall business retail platform Etsy Inc (NASDAQ:ETSY) has started off 2020 red-hot, already posting a nearly 10% gain. It's more of the same today, with ETSY up 1% to trade at $48.97, on track for its highest close since a late-October. However, this rally has sent the stock running head-first into a historically bearish trendline. More specificall...Read More
There remains lingering skepticism around the Dow stockSeveral Dow stocks have been featured in this space in recent months. The latest blue chip to catch our attention is Walmart Inc (NYSE:WMT), with the retail stock finishing last year right in the middle of the pack, gaining just 27.6% in 2019 -- tame compared to, say, Apple's (AAPL) 86.2% return. Nevertheless, WMT's climb higher last year was...Read More
WM has been on a long-term uptrendTrash specialist Waste Management, Inc. (NYSE:WM) has been a long-term outperformer on the charts, easily surpassing the performance of the broader market in the past two years, and the shares are in the midst of another strong uptrend at the moment thanks to support from the 12-month moving average. As such, it looks like a prime time to get behind WM for its nex...Read More
BLK shares are technically overbought before earnings Investment management concern BlackRock, Inc. (NYSE:BLK) hit a fresh 52-week high of $525 earlier, setting up the shares for an eighth straight weekly win. The stock was most recently seen at $516.71, as traders prepare for the company's earnings release, scheduled for before the open tomorrow, Jan. 15. BLK's 14-day Relative Strength Index (RSI...Read More