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
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
(IDEX Online) - To better reflect its mission, the Diamond Empowerment Fund is changing its name to Diamonds Do Good. Diamonds Do Good was set up in 2007 and for over 12 years has supported programs that develop and empower people in diamond communities around the world. In recent years, it has also told the stories of the good that diamonds do for the communities in which they are mined, cut...Read More
(IDEX Online) - Mall traffic rose 91 percent on Black Friday compared to an average weekend. That's the result of a report from advertising technology company Mobility Technologies. That's the good news. The bad news, at least for jewelers, is that they were far from top of mind for shoppers. According to Mobility Technologies Black Friday report lingerie was the biggest growth cate...Read 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!Joe Fortes Seafood & Chop House is an award-winning...Read 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!Joe Fortes Seafood & Chop House is an award-winning...Read More
Demand for cosmetics among seniors in Japan is growing fast.Read full newsRead More
TORONTO, Dec 05, 2019 (GLOBE NEWSWIRE via COMTEX) -- TORONTO, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (K)KGC (Read full newsRead More
Gold X Mining Corp. (TSX-V: GLDX, OTCQX: SSPXD) ("Gold X" or the "Company") announces a non-brokered private placement offering (the "Offering") of up to US$20,000,000 principal amount, 10% secured convertible debentures due thirty-six months from the closing date of the Offering (the "Debentures").Read full newsRead More
There's a reason why Grimm's Fine Foods has been a trusted family favourite since being founded in 1951 by the two brothers, Henry and Jacob Grimm: it prepares nutritious meals you can enjoy knowing are without fillers, are low in salt and fat, and offers lactose-free and gluten-free options for those with food sensitivities. Grimm's Fine Foods offers a variety of quality fine meat products, fine...Read More
There's a reason why Grimm's Fine Foods has been a trusted family favourite since being founded in 1951 by the two brothers, Henry and Jacob Grimm: it prepares nutritious meals you can enjoy knowing are without fillers, are low in salt and fat, and offers lactose-free and gluten-free options for those with food sensitivities. Grimm's Fine Foods offers a variety of quality fine meat products, fine...Read More
Even though it's on rate-cutting hold, the Fed nonetheless keeps engaging in aggressive oversubscribed repo ops, or as we like to call the process, "QE4R."QE4R involves offering money to banks in return for short-term U.S. Treasury and mortgage bonds, in shades of 2009.The fact that the Fed is expanding its balance sheet through these repo operations allows it to pretend it is merely auctioning "a...Read More
It's hard to believe the end of the year is upon us and 2020 is right around the corner.In many ways, it went by very quickly. For economies and markets, it was a year marked by uncertainty over economic slowdowns, trade wars and a complete pivot in "dark money" policy initiated by the Federal Reserve and subsequently followed by other central banks around the world.Notably this year, it wasn't ju...Read More
Dear Rich Lifer,Are diamonds the biggest scam in history?Before the 19th century, diamonds were scarce. It wasn’t until the discovery of huge diamond mines in South Africa in the late 1800s that diamonds flooded the market.Except they never did…For most of the twentieth century, the diamond market was entirely controlled by one company: De Beers.The Diamond's HistoryDe Beers manipulate...Read More
You take the same bus you always do to get to work. Only this time, something is different. Instead of swiping a card, you simply look at a camera. You walk into the same store where you always shop. This time, instead of a simple greeting, an employee addresses you by name. They then tell you that you've got a discount because you've been such a loyal customer. You've been attending the same ch...Read More
Canadian-based Vitasave is a natural health ecommerce company carrying something for everyone: 6,000 natural health products across more than 200 brands: supplements, vitamins, food, lifestyle product - and even pet care. Vitasave is becoming an industry leader in natural health with a mission to make health accessible and more affordable. Photo courtesy Vitasave To boot, Vitasave's Customer Care...Read More
Canadian-based Vitasave is a natural health ecommerce company carrying something for everyone: 6,000 natural health products across more than 200 brands: supplements, vitamins, food, lifestyle product - and even pet care. Vitasave is becoming an industry leader in natural health with a mission to make health accessible and more affordable. Photo courtesy Vitasave To boot, Vitasave's Customer Care...Read More
Gold has been correcting following last summer's powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold's next upleg. But this correction still has a ways to run, according to speculators' gold-futures positioning wh...Read More
After today's US November nonfarm payrolls, traders will take positions for next week's FOMC meet. NFP will give hint on next week's FOMC meet. Look into US economy and global economy in totality and not just from interest rate perspective. UK election and December 15 deadline for US-China trade deal will also be under close scrutiny by traders and investors alike. US president Trump and his imp...Read More
Gold has been correcting following last summer's powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold's next upleg. But this correction still has a ways to run, according to speculators' gold-futures positioning wh...Read More
After today's US November nonfarm payrolls, traders will take positions for next week's FOMC meet. NFP will give hint on next week's FOMC meet. Look into US economy and global economy in totality and not just from interest rate perspective. UK election and December 15 deadline for US-China trade deal will also be under close scrutiny by traders and investors alike. US president Trump and his imp...Read More