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
The Brisbane-based company, which also listed in Toronto, raised the minimum A$5 million sought in its $7.5 million IPO, lead managed by Shaw and Partners.Read More
The company initially reported five workers trapped by fallen rock 1,350m below the surface on Friday afternoon.Read More
(IDEX Online) - Sightholder Mouawad has unveiled the $5 million crown created for the Miss Universe competition. The 18-karat gold creation, called The Miss Universe Power of Unity Crown, is set with over 1,770 white diamonds. The headpiece also features three yellow diamonds from Botswana including a 62.83-carat shield-cut canary yellow stone at its center. Through its partnership with...Read More
(IDEX Online) - David Yurman has opened its New York flagship store. The 5,000 square-foot location spans three floors on East 57th Street.The store, described by cofounder Sybil Yurmn as "an emporium," offers David Yurman products across all categories, including high jewelry, women's, men's, wedding and watches and a curated assortment of limited-edition pieces exclusive to the 57th St...Read More
Today's environment is drastically different than it was in the late '70's and early '80s when inflation was nearly out of control. Today, disinflation is the primary challenge central banks face, not inflation.It's impossible to imagine another Volcker today. Today's markets depend on the artificially low interest rates that the Fed's been generating since 2009. Raising interest rates would dev...Read More
One of the most important figures in the history of U.S. monetary policy, Paul Volcker, died Sunday at the age of 92.Volcker is famous for having raised interest rates all the way to 20% in June 1981, the highest rates since the Civil War.His actions are widely credited for ending the great inflation of the 1970s and setting the stage for the Reagan economy of the '80s (although his sky-high rates...Read More
Dear Rich Lifer,It's been a few weeks since the Paradigm Shift Summit went down in New York, and I've already covered a few of the many ideas and concepts I shared at that awesome event.But there's one I haven't yet touched on... and it started with a question from one of the audience members.The Set UpI had just finished outlining how several of my favorite Social Security strategies were no long...Read More
Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off the Commodities Research Group from Goldman Sachs & Co., and its commodities trading arm, J. Aron & Company. Christian is an expert on precious metal markets and took time to speak with The Northern Miner abo...Read More
An automated loading solution has enabled Canada's only block cave mine to mitigate mud rush hazards and improve productivity - and it paid for itself in less than two months.Tonnage is tantamount to profitability at New Gold Inc.'s (TSX: NGD, NYSE: NGD) New Afton mine in south-central British Columbia. The mine has moved and milled as much as 22,000 tonnes of ore in a single day and routinely ext...Read More
Osisko Metals has released drill results from the East Mill zone at its Pine Point project with eight of the nine intercepts reported from outside of the current resource boundaries. This work was focused on connecting inferred resource areas.Drill highlights include 12 metres of 9.46% zinc and 0.79% lead; 5 metres of 14.83% zinc and 4.45% lead; and 4 metres of 10.86% zinc and 4.44% lead."These re...Read More
Australian rare earths miner Lynas (ASX: LYC) has selected the city of Kalgoorlie to build its new cracking and leaching plant to extract low-level radioactivity from the ore mined at its Mt Weld operation, which is then shipped to Malaysia for final treatment.The world's only major producer of rare earths outside China said it planned to begin building the plant, which will perform the first step...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareManipulating nickel for immoral (if not illegal) profits would be damnably difficult to prove because all that an...Read More
Petra Diamonds said on Monday it was in the process halting operations at its Cullinan, Finsch and Koffiefontein mines in South Africa after State utility Eskom asked the miner to reduce its electricity load.Production, hoisting and processing have stopped with immediate effect and Petra Diamonds is now removing all people from underground, except those required for essential services, it said in...Read More
An automated loading solution has enabled Canada's only block cave mine to mitigate mud rush hazards and improve productivity - and it paid for itself in less than two months.Tonnage is tantamount to profitability at New Gold Inc.'s (TSX: NGD, NYSE: NGD) New Afton mine in south-central British Columbia. The mine has moved and milled as much as 22,000 tonnes of ore in a single day and routinely ext...Read More
Fanny Bay Oyster's newest location is the city's only "tide to table" oyster bar and shellfish market in Vancouver's stadium district on Cambie Street, providing the city with the freshest shellfish and seafood experience in BC. Fanny Bay Oyster's menu has you covered for brunch, lunch, happy hour, and dinner - but if you can't stay, you can bring something home from the shellfish market. Photo c...Read More
Fanny Bay Oyster's newest location is the city's only "tide to table" oyster bar and shellfish market in Vancouver's stadium district on Cambie Street, providing the city with the freshest shellfish and seafood experience in BC. Fanny Bay Oyster's menu has you covered for brunch, lunch, happy hour, and dinner - but if you can't stay, you can bring something home from the shellfish market. Photo c...Read More
You have an opportunity to get outdoors and hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers alike who want to experience life on the road, just without the ownership. Outdoorsy's platform has a selection has vintage Airstreams, fifth wheelers, toy haulers, Class A, B, and C of RVs, as well as motorhomes a...Read More
You have an opportunity to get outdoors and hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers alike who want to experience life on the road, just without the ownership. Outdoorsy's platform has a selection has vintage Airstreams, fifth wheelers, toy haulers, Class A, B, and C of RVs, as well as motorhomes a...Read More
Nigeria, Iraq and Russia all face middling economic growth and restive populations at home, giving each strong incentives not to forego badly needed oil revenues.Read full newsRead More
Experience everything North America has to offer with family and friends from the comfort of an amazing motorhome, trailer, or camper van with RVezy.com, Canada's largest RV sharing community. Ditch the tent, the hotel reservation, the expensive flights, and book your dream road trip today. Affordable and amazing RV vacations are easier than ever!When you go to The Chopped Leaf, it's impossible no...Read More