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
"RSBN plays a key role in advancing the sustainable partnership between the producers of commodities that will enable the transition to a low-carbon economy and key consumers around the world," saidRead More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesTulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDTeck Resources anticipates its US$4.7 billion Quebrada Blanca Phase II (QB2) project in Tarapaca will experience both cost and time overruns due to t...Read More
"I'll be stoned for Christmas..."While this tune hasn't hit the heights of the Bing Crosby classic, the sentiment remains. Marijuana is a very popular gift during the holidays, so Santa better be careful about that smoke coming from the chimney.This time of year, people are out to buy green trees of every kind.I'll stop the puns there (I had like five more).The holiday season is the biggest time f...Read More
Made with simple, real ingredients, Fiasco Gelato is dairy-free and gluten-free certified, created entirely at its Gelato Factory & Coffee Bar in Calgary.Read full newsRead More
Made with simple, real ingredients, Fiasco Gelato is dairy-free and gluten-free certified, created entirely at its Gelato Factory & Coffee Bar in Calgary.Read full newsRead More
Bob Moriarty of 321gold looks at the LREO explorer's drill results at its Canadian project.Read full newsRead More
There will be short covering and subsequent buildup of long positions if gold and silver rise today and tomorrow. There was no surprises in FOMC meet. Now the focus will shift to European central bank meeting, impeachment news related to Trump and UK elections and the key trade deal. Fed Chairman Jerome Powell said the economic outlook for the U.S. was favorable as the central bank announced its...Read More
There will be short covering and subsequent buildup of long positions if gold and silver rise today and tomorrow. There was no surprises in FOMC meet. Now the focus will shift to European central bank meeting, impeachment news related to Trump and UK elections and the key trade deal. Fed Chairman Jerome Powell said the economic outlook for the U.S. was favorable as the central bank announced its...Read More
The Google Pixel 4: an amazing camera, Google Assistant, and new ways that are helpful to interact with new technology packed in a new design.Read full newsRead More
The Google Pixel 4: an amazing camera, Google Assistant, and new ways that are helpful to interact with new technology packed in a new design.Read full newsRead More
Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leade...Read full newsRead More
According to reports, a "phase one" trade deal is drawn up and pending Trump's approvalThe Dow shot up to a new high in early action, as Wall Street excitedly eyed trade developments between the U.S. and China. Today's events were initially sparked by a tweet from President Donald Trump that a trade deal was close, which was then followed by a report that U.S. negotiators have drawn up the terms o...Read More
The country's parliament has approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements.Read full newsRead More
And just like that, confirming weeks of media speculation, Trump has folded with the Dow Jones/WSJ reporting that not only will Trump not impose the new tariffs set to come into effect on Dec 15, but will cut existing tariffs by up to 50%.Read full newsRead More
INTC is trading atop a bullish trendlineIntel Corporation (NASDAQ:INTC) is moving higher today, last seen up 0.5% at $57.38, and while the shares lost steam near former support at the $58 area, there's reason to believe the Dow stock can keep pushing higher. That's because the 40-day moving average has been acting as support again, and data from Schaeffer's Senior Quantitative Analyst Rocky White...Read More
Shares of Canopy Growth Corp. got a lift after the cannabis producer named Klein - chief financial officer at Constellation Brands, Canopy's largest shareholder - as its new CEO.Read full newsRead More
GDX calls have been all the rage latelyGold prices have gained ground in the second half of 2019, as U.S.-China trade anxiety sparked an appetite for the safe-haven asset. This positive price action has been seen in the VanEck Vectors Gold Miners ETF (GDX), which is up 19% in the past six months. More recently, the exchange-traded fund (ETF) has consolidated below $28 since late September, but on...Read More
The 200-day trendline has been supportive in 2019California-based Oracle Corporation (NYSE:ORCL) is down 0.3% at $56.15 today, as Wall Street gears up for the company's earnings, slated for after the market closes this evening. Despite a brief drop back in September, ORCL has been an outstanding performer on the charts long term. The tech name is now up 24% year-to-date, with support from its 200...Read More
Dow name Nike is scheduled to report earnings on ThursdayMaking headlines next week will undoubtedly be the third-quarter gross domestic product (GDP) report, slated for Friday, Dec 20. The Job Openings and Labor Turnover Survey (JOLTS) and several manufacturing updates are also due, with a handful of notable earnings on the docket, as well. Some names sharing quarterly results will be blue chip N...Read More
Less than three years after China told the World Trade Organization it was going to ban imports ofRead full newsRead More