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, Dec 19, 2019 (GLOBE NEWSWIRE via COMTEX) -- Revival Gold Inc. (RVG)(otcqb:RVLGF) (Read full newsRead More

It's the start of a new year and decade. Cue all the flashbacks and predictions.The year ahead will mark the resurgence of the junior miner. We're starting to see some money invested in producers. Producers feel better about their own balance sheets, valuations and multiples. And when you feel better, you start to buy. What are they buying? Advanced-stage exploration assets and single-asset co...Read More

(IDEX Online) - Firestone Diamonds has said that despite a solid operational performance, 2019 was a disappointing year in which revenues declined because of a weak diamond market and a reduction in carats sold.During the year ended June 30, 2019, the company recovered 829,458 carats (2018: 835,832 carats) and sold 774,830 carats sold (2018: 831,637 carats).The company, which has operations focuse...Read More

(IDEX Online) - Mountain Province Diamonds Inc. has announced that it will the upper end of its production guidance of 6.7-6.8 million carats for 2019. The company said from an operational point of view, 2019 had been a "strong year." Looking ahead, the miner expects to recover 6.75-6.95 million carats from the Gahcho Ku?? (C) Mine in 2020. The company intends to increase the plant's cap...Read More

(IDEX Online) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, has announced that its "Another Piece of Your Story"  marketing campaign reached 3 million unique consumers in just six weeks. The test campaign ran in Los Angeles and was an industry-wide collaboration to increase consumer desire for jewelry by connecting consume...Read More

AngloGold Ashanti said it expects its Obuasi gold mine in Ghana to produce about...Read full newsRead More

Dec 19, 2019 (GoldStocks.com via COMTEX) -- Gold has been one of the biggest gainers among commodities this year. At this point in time, gold is well placed...Read full newsRead More

Christopher Lewis7 hours ago (Dec 20, 2019 5:44 PM GMT)Gold markets went back and forth during the week, doing almost nothing in order to excite the crowds. Having said that though, we have seen a little bit of resiliency over the last month or so as the $1450 level has been massive support. The 38.2% Fibonacci retracement level is right there as well, as is the top of the previous ascending trian...Read More

Christopher Lewis8 hours ago (Dec 20, 2019 5:01 PM GMT)Gold markets did very little during the trading session on Friday, as we are sitting just above the 50 day EMA. The market has done almost nothing all week and that’s not a huge surprise considering that there isn’t much in the way of news flow to get the markets moving. That being said, the market is very likely to continue to p...Read More

James Hyerczyk13 hours ago (Dec 20, 2019 11:44 AM GMT)Gold futures are trading lower on Friday, pressured by a firmer U.S. Dollar, rising interest rates and increased demand for risky assets. The market remains rangebound, which suggests investor indecision and impending volatility.Volume is extremely light ahead of the start of holiday season so the market may not move much today. Traders, howeve...Read More

Twenty years...Twenty years have lapsed since The Daily Reckoning first jumped from the presses.Thursday night we attended a black tie affair in honor of this, its china anniversary.Our hosts were Daily Reckoning co-founders Messieurs Bill Bonner and Addison Wiggin (here pictured, both bespectacled):Your humble editor even consented to the dress code - under violent protest:The publication you pre...Read More

What do you do when you need to buy something, but the only place to get it is a place you'd rather not shop? That's a problem many of the world's nations face when it comes to metals. It's a problem, in particular, for the United States Air Force as it seeks to expand how it trains its airmen. In recent years, the Air Force has turned to Virtual Reality (VR) and Augmented Reality (AR) for pilot...Read More

Do not think of 2020. Just focus on end January. January is significant for three reasons for financial markets (a) Trump and his impeachment proceedings (b) Chinese New year is around 25th January. Chinese retail demand numbers and Chinese demand for gold and silver will be the key. (c) Brexit and increase or decrease in global mass unrest in India, Hongkong etc. At this point all these factors...Read More

Do not think of 2020. Just focus on end January. January is significant for three reasons for financial markets (a) Trump and his impeachment proceedings (b) Chinese New year is around 25th January. Chinese retail demand numbers and Chinese demand for gold and silver will be the key. (c) Brexit and increase or decrease in global mass unrest in India, Hongkong etc. At this point all these factors...Read More

Sirios Resources Inc. (TSXV:SOI) is pleased to announce the completion of a non-brokered private placement for a total amount of $1,846,105.Read full newsRead More

Dec 19, 2019 (GoldStocks.com via COMTEX) -- Gold has been one of the biggest gainers among commodities this year. At this point in time, gold is well placed...Read full newsRead More

All three indexes notched new record highs Optimism continued to lead the way on Wall Street, after U.S. President Donald Trump tweeted that he had a "very good talk with President Xi of China concerning our giant Trade Deal." Strong consumer spending data for the third quarter likely also gave markets a boost, along with an unrevised reading for third-quarter GDP. The Dow grabbed a 78-point gain,...Read More

RAD stock has roughly doubled this weekRite Aid Corporation (NYSE:RAD) has been on fire, on pace to roughly double in value this week thanks to the company's better-than-expected earnings and outlook from yesterday morning. RAD stock today is up 25.3% at $14.83, on pace to easily tackle the 320-day moving average for the first time since early 2017. RAD stock will now look to sustain this rally de...Read More

The Nasdaq is in the midst of an eight-day winning streakRecords were broken left and right on Wall Street this week. Tailwinds from last Friday's "phase one" China trade deal have kept the ball rolling, with the Dow and S&P 500 nabbing record closes four out of the five days this week alone. Investors mostly shrugged off off the mid-week impeachment hearings for President Donald Trump, and got...Read More

Dec 19, 2019 (GoldStocks.com via COMTEX) -- Gold has been one of the biggest gainers among commodities this year. At this point in time, gold is well placed...Read full newsRead More