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
Development of what has been labelled by Canada's federal government "a generational opportunity" has been slow over the past decade, frustrated by the size of the region and lack of infrastructure inRead More
Incitec Pivot CEO Jeanne Johns told the company's annual general meeting in Melbourne, Victoria, the "accelerating adoption of premium technology by the mining industry is driving strong demand for our electronic detonators and unique emulsion delivery systems".Core business unit Dyno Nobel, which produces about 54 million pounds of packaged explosives and more than 1.2 million tonnes of ammonium...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resources"The land (held by state-controlled Gécamines) includes multiple blocks over the preferred location for construction of a new long-term tailings facility, and multiple other blocks that will enhance KCC's ability to more efficiently operate its mines, facilities and other key infrastructure requirements," Glencore-contr...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesSouth32 owns 11.7% of Trilogy and has contributed US$30 million over three years to exploration, and had until January 20 to decide if it wanted to expand its interest.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe copper is in the pre-filter press feed tank and will be sent to the concentrate press over the coming days, ending the company's 10-year dependence on its Prominent Hill copper-gold mine as its sole source of income. Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt aims to produce 20,000-25,000 t...Read More
What caused the overnight lending market to unexpectedly seize up in September? There's a good reason to believe JPMorgan Chase (JPMC) may have been at the heart of it.JPMorgan Chase is the largest bank in the U. S., and has about $1.49 trillion in deposits. It's one of the big banks that provide much of the loans in the overnight money markets.But it seems the mega-bank had gone on a stock buybac...Read More
The big news this week was that the House of Representatives impeached President Trump for abuse of power and obstruction of Congress.Trump now joins Andrew Johnson and Bill Clinton as the only U.S. presidents to be impeached (Nixon resigned before he could be impeached).Now it goes to the Senate for trial. But there's virtually no chance the Senate will convict Trump on the charges, given the Rep...Read More
Tulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesBarrick Gold CEO Mark Bristow on M&A (February 5): "If you combine cow shit and ice cream, you never improve the q...Read More
Kutcho Copper (TSXV: KC; US-OTC: KCCFF) says it can complete a feasibility study on its namesake Kutcho project in north-central B.C. within seven months if it can raise $3 million.Earlier in 2019, the aspiring base metal developer tabled an updated resource estimate on the copper-zinc project, delineating a global measured and indicated resource within the Main and Esso deposits of 17.3 million t...Read More
Gold has had a strong 2019 performance, clocking a 21% gain from the start of the year to a peak of $1,550 per ounce in September.However, the metal's price has consolidated these past few months - dropping a bit and then leveling off. Still, gold's on track for its biggest annual climb in nine years.And 2020 could be even better.In fact, now that they've taken a breather, gold prices are poised t...Read More
CPB will deliver three separate packages of work at Robe Valley in the Pilbara, including various earthworks and civil works associated with the development of Robe Valley."CIMIC Group companies have a strong track record of delivering significant projects to the iron ore industry," CIMIC CEO Michael Wright said."With our decades of experience in the Pilbara we offer major mining clients certainty...Read More
Gold and silver are unchanged after majority of lawmakers in the U.S. House of Representatives voted to impeach Trump. In my view, gold and silver will remain firm due to Trump and his impeachment related news. Only some yearend profit taking in gold can result in a sell off. Exceptional year end US economic data release can also result in a selloff in gold. One needs to be ready to trade and ma...Read More
Gold and silver are unchanged after majority of lawmakers in the U.S. House of Representatives voted to impeach Trump. In my view, gold and silver will remain firm due to Trump and his impeachment related news. Only some yearend profit taking in gold can result in a sell off. Exceptional year end US economic data release can also result in a selloff in gold. One needs to be ready to trade and ma...Read More
Dec 17, 2019 (GoldStocks.com via COMTEX) -- Gold prices have rallied significantly this year and have hit record-breaking levels due to the global economic...Read full newsRead More
All three indexes notched new record highs The Dow notched a triple-digit gain today, managing even more record highs, as Wall Street mostly looked pastimpeachment headlines out of Capitol Hill.Meanwhile, the Nasdaq and S&P 500 enjoyed modest upside, grabbing fresh all-time highs along the way, with the former index stretching its daily win streak to seven, its longest since February. The bullish...Read More
Vancouver, Canada - TheNewswire - December 19, 2019 - Nexus Gold Corp. (Read full newsRead More
Fission3: Boulders at Hearty Bay Returns Assays of up to 8.23% U308, Identifies Potential Source Location Read full newsRead More
Deep-South Resources Inc. (TSXV:DSM) announces that it proceed with a non-brokered private placement.Read full newsRead More
Canada's Equinox Gold Corp will buy rival Leagold Mining Corp for C$769.3 m...Read full newsRead More
MBA mortgage applications are due late next weekIn light of the Christmas holiday, next week will be a bare on both the earnings and economic front. In terms of earnings reports, food safety name Neogen (NEOG) is the only one scheduled for the week, while the economic front will headline durable goods data, MBA mortgage applications, and new home sales. Worth noting, the stock market will close at...Read More