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 Women's Jewelry Association (WJA) has launched its "March is Me Month," encouraging women to buy jewelry for themselves. The campaign, which kicks off on March 1, coincides with this year's International Women's Day on March 8.As part of the campaign, WJA has developed a logo and several taglines, including a brand guide with appropriate colors for the campaign,...Read More
Dear Reader,"Journalism is about covering important stories," said one scalawag. "With a pillow."A staggering bailout of the banking system presently proceeds apace.The mainstream financial press has seized a bed pillow, placed it over this important story... and pressed down murderously.Today we pry away the pillow... and vent in desperately needed oxygen.Here we refer to the Federal Reserve's on...Read More
A new report from Bank of America Securities puts the total deal value of global gold mergers and acquisitions last year at US$20.19 billion - the highest in nine years - with the senior producers mainly active as sellers and the mid-tiers as buyers, and the bank says it sees potential for further consolidation in the sector this year.Years of underinvestment and rising pressure on production prof...Read More
Revival takes staged approach to Beartrack-ArnettSPONSOREDSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesIn his book The Pressure Principle, Alred provides tips everyday folk can use to improve performance - both personally and in a...Read More
Production of 8,017 oz. gold in the fourth quarter from its Sugar zone mine has allowed Harte Gold (TSX: HRT; US-OTC: HRTFF) to exceed its previously revised production guidance of 24,000 oz. to 26,000 oz. for 2019. This represents an increase over the 6,069 oz. produced in the third quarter for a total of 27,316 oz. gold delivered in 2019."The quarter has been transformational on various fronts f...Read More
PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has recovered a 117 ct diamond from its Lulo alluvial mine, in Angola.The ASX-listed company on Thursday said that the gem-quality diamond was the fourteenth stone of more than 100 ct to be recovered at Lulo to date, and the first for 2020.Advertisement“The recovery of this gem-quality 117 ct diamond represents a positive...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesGold production increased 38.9% to 257,000 ounces from 185,000oz in 2018.Read More
Chile's Supreme Court handed another small victory to Barrick Gold (TSX: ABX; NYSE: GOLD) after rejecting an appeal by a local indigenous community asking for a revision of the water quality baseline in the area where the company's halted Pascua-Lama gold-silver project is located.The ruling confirms previous official reports determining that the Estrecho River's surface water quality had varied s...Read More
(IDEX Online) - The Canadian Jewellers Association has appointed Kelly Ross as its managing director, Loss Prevention. Kelly has over two decades of law enforcement experience as a police officer with the Royal Canadian Mounted Police (RCMP). During his time in the RCMP, Kelly specialized in crimes that involve diamonds, gemstones and precious metals, investigating hundreds of criminal cases...Read More
Comex February futures rose to $1613.30 as I prepare this report. Big jump of over $30 (from yesterday's close) on Iran's retaliation. American and European reaction will be closely watched. Whether the reaction by Iran will turn into a full fledged war or it is just a one off move remains to be seen. Traders and all alike will prefer to be long in gold than short. Yesterday USA session price mo...Read More
Comex February futures rose to $1613.30 as I prepare this report. Big jump of over $30 (from yesterday's close) on Iran's retaliation. American and European reaction will be closely watched. Whether the reaction by Iran will turn into a full fledged war or it is just a one off move remains to be seen. Traders and all alike will prefer to be long in gold than short. Yesterday USA session price mo...Read More
Could gold prices could soar to $2,000 an ounce?Read full newsRead More
VANCOUVER, British Columbia, Jan.08, 2020(GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. ("Azincourt" or the "Company") (TSX.V: AAZ, OTC: AZURF), is pleased...Read full newsRead More
The global Cannabidiol (CBD) market is projected to grow at a compound annual growth rate of 125% from 2019 to 2026. The robust growth stems from growing awareness of CBD health benefits as well as the opening up of the market around the world. An increase in the number of countries that have legalized theRead full newsRead More
It's been a wild ride for RAD stock in recent weeksRite Aid Corporation (NYSE:RAD) has had a volatile run on the charts, per the stock's 30-day historical volatility of 190.3% -- an annual high. More specifically, the shares surged off their December lows near $7.50 to top out at a 13-month high of $23.88 on Dec. 27, before crashing all the way down to $12.26 in yesterday's trading. RAD's January...Read More
NRG stock is currently mired in a five-day losing streakWhile most energy stocks are gaining with oil prices and Middle East tensions, NRG Energy Inc (NYSE:NRG) has been sitting out of the rally, already down 8% in 2020. However, this four-day losing streak could be short-lived, based on data from Schaeffer's Senior Quantitative Analyst Rocky White.More specifically, NRG just pulled back to its 1...Read More
The has Dow bounced back after this morning dropThe Dow Jones Industrial Average (DJI) was initially dragged lower this morning by Boeing (BA) -- down on news of another fatal crash -- and Walgreens Boots Alliance (WBA), which is selling off after earnings. The Dow is now trading higher with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), with the latter two hitting record highs, as investor...Read More
BA has sunk 3% over the past 12 monthsIt's another nail in the coffin for Boeing Co (NYSE:BA) this morning -- the equity down 1.3% at $333 -- after reports surfaced that a Boeing 737-800 operated by Ukraine International Airlines crashed in Tehran this morning, leaving no survivors. Downing just minutes after take-off, speculations of engine failure are circling as the potential catalyst. Nine cre...Read More
RBC lifted its price target to $285 from $267Biopharmaceutical concern Biogen Inc (NASDAQ:BIIB) is slightly lower today, despite joining Behind the Seizure, along with a number of other companies, which works to provide faster diagnosis to children under eight with epilepsy. In addition to this, RBC lifted its price target to $285 from $267, which is still a slight discount to last night's close....Read More
BYND gained 12.5% yesterday after Impossible Foods and McDonald's stopped supply talksThe shares of Beyond Meat Inc (NASDAQ:BYND) are up 1% to trade at $84.76 this morning, after McDonald's (MCD) announced it was expanding the test of the former's plant-based burger in Canada. More specifically, the golden arches will now offer BYND's vegan burger in 52 outlets across southwest Ontario, up from 2...Read More