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 ,Jan. 2, 2020/CNW/ - Dor?(C) Copper Mining Corp. (theRead full newsRead More
(IDEX Online) - The Indian Diamond & Colorstone Association (IDCA) unanimously elected Haridas Kotahwala as president of the organization. Kotahwala of Royal India USA Inc, succeeds Nilesh Sheth, president of Nice Diamonds. Other appointments at the November 26 elections were Nitin Jobanputra (Sanghvi Diamonds LLC) as vice president; Shekhar Shah (Real Gems, Inc.) and Shiksha Naheta (Empr...Read More
(IDEX Online) - Gemstone sellers using eBay India can now get their goods certified by the Jaipur-based Gem Testing Laboratory (GTL) for a nominal fee. Under a new agreement between the lab and the trading giant, all gemstones sold through eBay will be accompanied by a GTL certificate.The move is designed to increase consumer confidence in gemstones sold online and to boost exports of gemstones an...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesCopper rose 6.7% in December. The month saw an average price of $2.74/lb, improving on an otherwise stagnant 2019 for the red metal, which saw an average price of $2.72/lb, down 20c or 7% from its $2.92/lb average in 2018. Last year was one in which copper's impetus to rise was checked by the US-China trade dispute, despite a growi...Read More
Share this articleCALGARY - A veteran of Canada's ailing oilpatch is hoping a new product drawn from deep under Prairie grain fields will provide a natural resource boom for Western Canada.Marlon McDougall, 59, says he wasn't interested when first approached last year to join a junior exploration company.After 35 years in the oil and gas industry, he had grown frustrated by its multiplyin...Read More
It is estimated that millions of artisanal gold miners in developing countries pan for gold using mercury and in the process release nearly 8,000 lbs.Read full newsRead More
January 02, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, ON / ACCESSWIRE / January 2, 2020 / Nuinsco Resources Limited (Read full newsRead More
It is estimated that millions of artisanal gold miners in developing countries pan for gold using mercury and in the process release nearly 8,000 lbs.Read full newsRead More
Editor's note: America's no.1 futurist George Gilder, fears the U.S. has lost its technological and entrepreneurial edge. China has instead emerged as the next global technological leader. Today Mr. Gilder defends a controversial Chinese company against accusations by The Wall Street Journal, and shows you why the U.S. is in no position to complain.Dear Reader,On Christmas day, overflowing with ho...Read More
And just like that, we're in the year 2020. It wasn't long ago that the year 2020 seemed like a distant, nearly unattainable time period. It was so distant to some, that people thought we would have flying cars (not even close), robots that do everything for us (sort of close), and machines that would be able to construct just about anything (mostly close - 3D printers) when it finally arrived....Read More
Gold miners' stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks' next upleg is starting to accelerate. But key indicators argue the contrarian side, that this breakout surge is...Read More
Chances of a war with Iran has resulted in gold and silver rising today. Crude oil has also risen on supply disruptions from Iraq. Only profit taking (before the weekend) can result in a crash or correction in gold and silver. However gold and silver do not correct then chances of $1575 and $1888 will be very high today. A weaker US dollar is also aiding the rise in gold and silver. Big economic...Read More
Gold miners' stocks blasted higher this past week, breaking out of their correction downtrend. Rapidly-improving psychology fueled such strong upside momentum that sector benchmarks are challenging months-old upleg highs. Most traders assume this is righteous, that gold stocks' next upleg is starting to accelerate. But key indicators argue the contrarian side, that this breakout surge is...Read More
Chances of a war with Iran has resulted in gold and silver rising today. Crude oil has also risen on supply disruptions from Iraq. Only profit taking (before the weekend) can result in a crash or correction in gold and silver. However gold and silver do not correct then chances of $1575 and $1888 will be very high today. A weaker US dollar is also aiding the rise in gold and silver. Big economic...Read More
January 02, 2020 (ACCESSWIRE via COMTEX) -- TORONTO, ON / ACCESSWIRE / January 2, 2020 / Nuinsco Resources Limited (Read full newsRead More
Oil prices hit nine-month highs in responseThe Dow limped into the weekend with a 233-point loss, pressured by geopolitical tensions and weaker-than-expected economic data. The blue-chip index was down over 368 points at its session low in the morning, after a U.S. airstrike killed top Iranian military commander, Qassem Soleimani. Plus, investors also digested the latest manufacturing data that f...Read More
SilverCrest Metals Inc. announces $13.2 million-dollar private placement.Read full newsRead More
LB has struggled since early August of last yearYesterday we dove into a few of the best stocks to own in the first quarter, but today, we are dipping our toes into the opposite pool. Retailer L Brands Inc (NYSE:LB) has struggled to gain momentum since its early August bear gap, and has now shed 28% over the past 12 months. This afternoon, LB is up 8% at $18.88, thanks to an upgrade to "buy" at...Read More
USO calls are running four times as quick as putsOptions volume is accelerated on the United States Oil Fund (USO) this afternoon, as the exchange-traded fund (ETF) moves higher with oil prices. Specifically, escalating tensions between U.S. and Iran had February oil futures closing up 3.1% at $63.05 per barrel, and USO shares are 3% higher at $13.19 -- trading above long-term resistance near $13....Read More
TORONTO ,Jan. 2, 2020/CNW/ - Dor?(C) Copper Mining Corp. (theRead full newsRead More