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
For almost 20 years, Keith Barron has been hunting for two famous gold-mining centres in Ecuador that historic Spanish manuscripts and maps from the 16th and 17th centuries refer to as Sevilla del Oro and Logrono de los Caballeros.In late November, the chairman and CEO of Aurania Resources (TSXV: ARU) announced that field teams had found an old road in the central part of the company's Lost Cities...Read More
With the rise in the gold price over the past year, precious metals exploration has picked up steam worldwide. Below we feature eight companies across the exploration, development and production spectrum that maintain a focus on discovery. Compass GoldCompass Gold (TSXV: CVB; US-OTC: COGDF) is focused on the Farabakoura gold discovery in southern Mali.The company wholly owns the 850 sq. km Sikasso...Read More
Dark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesBut despite the success stories, capital remains elusive, particularly for early stage explorers, who have struggled to convince an increasing...Read More
Dark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesMacarthur Minerals, already TSX-listed, is seeking to join the ASX in early December.Read More
"We need to have a much more honest dialogue with the shareholder base," said Dundee Corporation executive chairman Jonathan Goodman, speaking in London.Read More
"What is my strength, that I should wait? And what is my end, that I should be patient?"Job 6:11I trust many of you - religious or not - are familiar with the Book of Job.Job served as the poker chip in a disturbing bet between God and the Devil, to see just how far a man could be pushed to maintain his faith. Poor Job's faith was tested in some very serious and horrific ways: his sheep and serva...Read More
The earliest-available indicators of China's economic performance point to a continued slowdown in November.Read full newsRead More
The range trade in gold and silver which has been there in November will be broken in December. Volatility will rise. A new trend should be formed in December. I expect the US dollar Index to crash. Brexit, US jobs numbers and actual signing of the US-China trade deal should be market mover or market shaker in December. Gold managed to trade over $1448 and needs to trade over $1448 to try and ri...Read More
The range trade in gold and silver which has been there in November will be broken in December. Volatility will rise. A new trend should be formed in December. I expect the US dollar Index to crash. Brexit, US jobs numbers and actual signing of the US-China trade deal should be market mover or market shaker in December. Gold managed to trade over $1448 and needs to trade over $1448 to try and ri...Read More
Advance Gold Corp. is pleased to announce drilling has started to test the large chargeability anomaly on its Tabasquena project in Zacatecas, Mexico.Read full newsRead More
Eastfield Resources Ltd. (TSXV:ETF) and Prophecy Potash Corp. (TSXV:NUGT) have completed their 2019 program at the Indata property.Read full newsRead More
Golden Dawn Minerals Inc., announces that it has received its multi-year exploration permit for the Lexington property in Greenwood, B.C.Read full newsRead More
Balmoral Resources Ltd. announced that is has acquired by staking 62 mineral claims located adjacent to its existing Detour East property in Quebec.Read full newsRead More
Stocks continued their recent strength into the Thanksgiving holidayIt was another up day for stocks, as the Dow, S&P 500, and Nasdaq all hit new highs yet again. While upside was somewhat limited in the pre-holiday trading, there was still plenty of data for traders to consider, including a solid update on third-quarter gross domestic product (GDP). Retailers also made big moves again, including...Read More
Implied volatility on MYL options is at historically low levelsMylan NV (NASDAQ:MYL) hit a five-month low of $16.79 on Nov. 8, but has since added 11.1% -- up 2.2% today at $18.71, thanks to an upgrade to "hold" from "sell" at CFRA. This rebound could be short-lived, though, with MYL now trading near a trendline that's had bearish implications in the past.Specifically, MYL is running into its 50-d...Read More
A Medicaid setback is weighing on Evolent Health stockStocks are hovering around record highs as the Thanksgiving holiday nears. Among the names making notable moves today are athleisure name Under Armour (NYSE:UAA), as well as biotech concerns Evolent Health Inc (NYSE:EVH), and cybersecurity name Onconova Therapeutics Inc (NASDAQ:ONTX). Here's a quick look at what's moving the shares of UAA, EVH,...Read More
The November jobs report is due out on FridayCyber Monday will kick off another busy stretch for retailers next week. Earnings from a number of big names -- including AutoZone (AZO), Five Below (FIVE), and RH (RH) -- will also be in focus. Wall Street will also be eyeing a number of economic reports ahead of the mid-December Fed meeting. While no rate cut is expected this time around, Wall Street...Read More
SNNLive spoke with Martin Turenne, President, CEO and Director of FPX Nickel Corp. (TSX-V: FPX), at the Precious Metals Summit 2019 in Beaver Creek, CO. For ...Read full newsRead More
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billio...Read full newsRead More
Kirkland Lake Gold and Detour Gold are joining forces.Read full newsRead More