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
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesFor Mather, transitioning from a junior explorer with no mine building experience into a large-scale miner via the financing and development of a multi-billion dollar blockcave mining operation seemsRead More
Dear Rich Lifer,eBay is an interesting place. If you've ever been working on a project and needed some odds and ends, the chance of you finding someone selling what you're looking for on eBay is pretty good.I've bought all kinds of things from eBay over the years and it's saved me a ton of money. From used tools to furniture, vinyl records to gift cards, you name it.Even downright weird things, li...Read More
This episode features the Battery Metals panel at The Northern Miner's 2019 Progressive Mine Forum in Toronto. The event took place on Oct. 16 at the MaRS Discovery District and featured industry experts to discuss trends in battery metals markets amid the growing demand for electric vehicle (EV) technology. Topics included China's dominance of the lithium market supply chain, and the lack of prep...Read More
Since protests in Chile erupted over a subway fare increase in early October and morphed into broader demonstrations over income equality, inadequate public services and high household debt, at least 26 people have died and 13,500 have been injured.Of those hurt, more than 220 eye injuries have been documented by Chile's National Human Rights Institute, an official and independent body. The main c...Read More
Deutsche Bank maintains a strict dossier on all the world's asset classes.Stocks, bonds, real estate, commodities - 38 assets, A through Z - Deutsche Bank has them under ruthless and unshakable surveillance.Last December's spywork revealed this arresting conclusion:93% of all the world's assets traded negative in 2018.Not even in the fathomless depths of the Great Depression did so many global ass...Read More
We're going full speed into the time of year supposedly filled with "good cheer."The reality? People choosing the hill they'll die on over the printed patterns on coffee cups. Frazzled parents, kids in full meltdown mode, adults in full meltdown mode.I once worked at a trendy national grocery store and was accused of ruining Christmas by a lady who showed up two hours after close. She went to her...Read More
Share this articleTORONTO - Endeavour Mining Corp. is offering to buy Centamin PLC in a stock-swap deal that values the gold miner at roughly $2.5 billion, based on stock values just prior to the announcement.Endeavour says it made the offer after several unsuccessful attempts to engage with the board of Centamin regarding a possible merger.Toronto-listed Endeavour, which has gold mines in Af...Read More
The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More
The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Disappointing U.S. manufacturing data had the Dow closing 268 points lower The Dow took another hit today, shedding over 260 points -- its biggest one-day drop since Oct. 8 -- after disappointing U.S. manufacturing data was released earlier in the day. Traders also reacted to reports of new Trump administration tariffs, which offset this weekend's strong holiday shopping numbers. The Nasdaq and S&...Read More
U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing ...Read full newsRead More
Russia can lay claim to the globe's largest undeveloped copper project and two island nations also make the top ten ranking.Read full newsRead More
One bull may be opening a big position in the January 2021 series Ford Motor Company (NYSE:F) is one name seeing notable options trading today. More than 75,000 calls have traded, compared to a daily average of just 34,000, due to some major trades at the January 2021 10-strike calls. Trade-Alert is suggesting a block of 43,627 contracts were bought to open for 57 cents each, which would mean a b...Read More
Bank of America earlier nabbed an 11-year highIn about a week's time, the spotlight will soon shift from retail stocks to the banking sector ahead of next week's Federal Open Market Committee (FOMC) meeting. One name in focus today is Bank of America Corp (NYSE:BAC), with options traders in particular taking a renewed interest in the financial institution. More specifically, call options are be...Read More
Carnival stock sank to multi-year lows this past OctoberCruise line Carnival Corp (NYSE:CCL) is down 0.9% at $44.68 in this afternoon's trading, continuing its wildly disappointing year on the charts. The stock has shed 25% over the past 12 months, and is now seeing a re-emergence of pressure from a key descending -- and historically bearish -- trendline.According to Schaeffer's Senior Quantitati...Read More
Lately, the stock has cooled off last month's all-time peak The shares of Google parent Alphabet Inc (NASDAQ:GOOGL) just hit arecord high of $1,333.92 earlier last month, and have been consolidating just south of here, with pressure at $1,317 keeping GOOGL from reclaiming these mid-month highs. And while the security is off 1.2% to trade at $1,288.19, it's running right into recent support at its...Read More
Two employees working at its Kumtor gold mine in Kyrgyzstan are missing followin...Read full newsRead More
BRIEF-Tanzanian Gold Corporation Plans To Start Mining At Buckre:BRIEF-Tanzanian Gold Corporation Plans To Start Mining At Buckreef PropertyRead full newsRead More
The Nasdaq and S&P are near session lows, tooStocks are moving sharply lower today, sending the Dow Jones Industrial Average (DJI) down200 points at the halfway point. Despite more strong Black Friday and Cyber Monday sales numbers from the retail sector, traders are focusing on a manufacturing update for the U.S. that showed the sector again contracting in November, while trade headlines continue...Read More