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
Silver diphosphide is being used as a catalyst that takes carbon dioxide pollution and transforms it into syngas.Read full newsRead More
The celebrity activist took it to social media to support the demands of Brazil's northern tribes.Read full newsRead More
(IDEX Online) - Sales of fine jewelry and fine watches increased by 3.2 percent in the U.S. market in October compared to October 2018, as shown in the graph below. This is the fourth successive month in which sales have increased since the start of the year, evidence that the market is solidly picking up at last. OutlookRetailers are anxiously awaiting the outcome of the all-important...Read More
(IDEX Online) - Total U.S. jewelry sales increased 1.8 percent over the holiday shopping period, according to figures from Mastercard SpendingPulse. Online jewelry sales grew by 8.8 percent from November 1-December 24.Overall, U.S. retail sales grew 3.4 percent (excluding auto sales) this holiday season, with online sales up 18.8 percent compared to 2018. "E-commerce sales hit a record...Read More
(IDEX Online) - Alrosa has ended the year on a strong note with the discovery of a 191-carat rough stone from the Botuobinskaya kimberlite pipe in Yakutia. The Russian mining company said the Christmas Day find has high quality characteristics.The diamond will be sent to Alrosa's United Selling Organization for a detailed evaluation.Mining at the Botuobinskaya pipe began in 2015. The pipe is...Read More
If we set out to design a highly addictive platform that optimized the most toxic, destructive aspects of human nature, we'd eventually come up with social media...Read full newsRead More
Christopher LewisDec 26, 2019 04:51 PM GMTGold markets have rallied significantly during the trading session again on Thursday, reaching towards the $1516 level, and at this point I think that the market is probably going to go looking towards the $1520 level. If we can break above there, then this is the longer-term uptrend ready to continue going higher. Ultimately though, I think that a pullbac...Read More
As 2019 draws to a close, we take a look at the most-clicked stories on our website this year, in descending order.No. 1: Interview: The LME's new cobalt contractBy Anthony Milewski, Special to The Northern Miner, April 11, 2019An interview by Cobalt 27 Capital chairman Anthony Milewski with the London Metal Exchange's Product Development department to discuss the LME's electric-vehicle battery m...Read More
The US stock markets soared in 2019, blasting to dozens of new all-time-record highs. Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress. But the real driver of stocks' astounding ascent was the Federal Reserve's epic extreme easing. A panicking Fed pulled out all the stops to goose and levitate stocks, leaving fake artificial...Read More
Traders will start taking positions for January. January will be the real test for gold and silver bulls. Signing of trade deal, Brexit, various US jobs numbers and Chinese demand and Chinese economic growth around the Chinese New Year. Bonds can also be a surprise winner if gold and silver sell off in January. I am bullish on global stock markets if the trade deal is signed in January. Trade de...Read More
The US stock markets soared in 2019, blasting to dozens of new all-time-record highs. Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress. But the real driver of stocks' astounding ascent was the Federal Reserve's epic extreme easing. A panicking Fed pulled out all the stops to goose and levitate stocks, leaving fake artificial...Read More
Traders will start taking positions for January. January will be the real test for gold and silver bulls. Signing of trade deal, Brexit, various US jobs numbers and Chinese demand and Chinese economic growth around the Chinese New Year. Bonds can also be a surprise winner if gold and silver sell off in January. I am bullish on global stock markets if the trade deal is signed in January. Trade de...Read More
Finding products our derm would approve of isn't exactly an easy task. That is, unless we want to buy from one of the pricey lines they carry in their office (we don't). But thanks to LovelySkin...Read full newsRead More
All three indexes enjoyed weekly gains during the holiday-shorted week, however The Dow, S&P, and Nasdaq all hit record intraday highs today, building on big Christmas week gains. But while the Dow and the S&P maintained this positive momentum through to the close, the Nasdaq snapped its lengthy winning streak, dampened by Netflix (NFLX) stock, which suffered its third daily loss of the week. Amid...Read More
Heading into the new year, there are mixed views on gold's prospects.Read full newsRead More
QGEN shares have been making big moves this weekAs we called out in our Midday Market Check newsletter, healthcare concern Qiagen NV (NYSE:QGEN) is seeing accelerated options trading in today's session. The shares are up 2.9% at $33.86, and almost 7,400 calls were on the tape at last check, roughly four times the number expected today. On a closer look, the January 2020 35-strike call that we call...Read More
Finding products our derm would approve of isn't exactly an easy task. That is, unless we want to buy from one of the pricey lines they carry in their office (we don't). But thanks to LovelySkin...Read full newsRead More
RAD stock has nearly tripled in the last two weeksRite Aid Corporation (NYSE:RAD) stock has been ripping higher since the drugstore chain reported a third-quarter revenue beat the morning of Dec. 19, while also lowering its full-year net loss outlook. Since its Dec. 18 close at $8.32, RAD shares are up 157% -- including today's 11.6% pop that has the equity trading at $21.42, pacing toward a seven...Read More
The Nasdaq is in the midst of a 12-day winning streakWall Street had a lot to celebrate during the holiday-shortened week. Although Christmas and Christmas Eve led to lower trading volumes, that didn't stop the Dow, S&P 500, and Nasdaq from nabbing record closes left and right. The tech-heavy Nasdaq in particular broke out, and is currently heading toward its 12th straight win. U.S.-China trade op...Read More
The tech-heavy index is headed for a 12th straight daily winThe Dow Jones Industrial Average (DJI) hit a new high out of the gate today, extending a Christmas week rally that's put the blue-chip index on track for a third straight weekly win. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also tagged fresh peaks today, with the latter index holding above the round 9,000 mark, and pacing towar...Read More