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

That's a $14.6 million for Tesla's bank account just for preordersRead full newsRead More

Traders who bought the April 2013 breakout might be looking to take profitsAfter six consecutive weeks of gains in which the S&P 500 Index (SPX - 3,110.29) advanced 5.7% to a record high, the index finally gave up ground last week. But the 10-point pullback is hardly noticeable, as the SPX closed the week above both the round 3,100 century mark and its 10-day moving average. $SPX 3,130 area is rou...Read More

The three key US market indices closed at further record highs yesterday -  the fourth closing record for the Dow, S&P 500 and Nasdaq in the past seven sessions, Reuters noted.Mergers and acquisitions were making news, from Kirkland Lake's bid for Detour Gold, Newmont Goldcorp selling Red Lake to ASX-listed Evolution Mining and in the luxury space, jewellery company Tiffany & Co agree...Read More

The Saskatoon, Saskatchewan-based company said it had notified employees the operation would shutter on December 2. CEO Chuck Magro had some terse words for the Canadian Class I railway.Read More

(IDEX Online) - Larry Spicer, a security expert, has joined the leadership team of Jewelers Mutual. Spicer, who has held leadership positions at Aurora Healthcare, Home Depot, and Kohl's, has assumed the role of vice president of Loss Prevention and Risk Management Services. Most recently Spicer was the director, Public Safety at Aurora Healthcare in Milwaukee where he was responsible fo...Read More

(IDEX Online) - Ending weeks of speculation, French luxury group LVMH Mo?? <Read More

(IDEX Online) - It may be too early for retailers to celebrate a strong end to the year, but with total U.S. jewelry and watch sales up for the third month in a row, it's a good sign that 2019 will end much better than it started. Sales of fine jewelry and fine watches increased by 6 percent in the U.S. market in September compared to September 2018, as the graph below illustrates. Follo...Read More

(IDEX Online) - Stargems, a DMCC-registered international diamond company, sold just under $50 million worth of goods at its recent tender at the Dubai Diamond Exchange. The sale was one of the largest rough diamond tenders held in the UAE.The goods on offer included over 500,000 carats from the SACIM mine in the Democratic Republic of the Congo (DRC). A total of 577,000 carats of rough were viewe...Read More

Galena provides a leading lightSPONSOREDgalena miningBHP will acquire 77 million shares at 22.15p a share, a 13% premium to the Friday closing price of 19.58p. Shares in SolGold opened strongly today, up more than 13% at 22.2pThe investment takes BHP's holding in SolGold to 282.7 million shares, and it will obtain 19.25 million options exercisable at 37p for five years as part of the investment.Ga...Read More

Scottsdale, Arizona November 25, 2019Editor's note: We hate to bear poor tidings this Saturday, but tax season is just around the corner. How can you reduce your tax bite? Today, "Rich Dad" Robert Kiyosaki shows you two strategies. Hint: the rich use them to take advantage of the tax code.Dear Reader,In the big picture of personal finance, there are four financial forces that cause most people to...Read More

Kirkland Lake Gold's (TSX: KL; NYSE: KL) proposed $4.9 billion all-share acquisition of Detour Gold (TSX: DGC) and its open-pit mine in northeastern Ontario will add 15.4 million oz. gold, or eight years, to Kirkland Lake's mineral reserve base and lift the company's annual gold production to 1.5 million ounces.Kirkland Lake Gold's Macassa mine in northern Ontario and Fosterville mine in Australia...Read More

BHP Billiton (NYSE: BHP) is spending US$22 million to boost its stake in SolGold (TSX: SOLG; LON: SOLG) to 14.7% from 11.1%, making it one of the two largest shareholders in the Ecuador-focused junior exploration company. Newcrest Mining (ASX: NCM) owns 14.8%.BHP is acquiring 77 million shares at 22.15 pence per share - a 13% premium to SolGold's closing share price on Nov. 22.Under the deal, BHP...Read More

An overview of the latest news from active diamond explorers, developers and miners in Canada, and Canadian-listed companies working abroad.Adia ResourcesThis spring, Adia Resources completed an initial diamond drilling program and ground gravity survey at its Lynx project near Oxford House, Man. While the company had planned to drill eight holes totalling 3,000 metres, a late start and mechanical...Read More

The Guigues kimberlite pipe in northern Quebec, 10 km from Notre- Dame-du-Nord, was discovered by De Beers in 1983. But despite its long history, it has never seen modern microdiamond testing.Tres-Or Resources (TSXV: TRS) is hoping to change that this year with a five-hole drill program. The junior, which acquired the pipe in 2003, says advances in knowledge about diamond indicator mineral chemist...Read More

US takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesFor most people in Dalio's line of business, gold is either too exotic, too unpredictable, or simply too primitive to be given a prominent pla...Read More

Rio Tinto (NYSE: RIO; LSE: RIO) has completed its 2019 bulk sampling program at Star Diamond's (TSX: DIAM) Star-Orion South diamond project, 60 km east of Prince Albert, in central Saskatchewan.Using novel technology - a trench cutter sampling rig normally used in civil engineering projects that has been adapted for use at the project - the company has collected 8,271 wet tonnes of material. Each...Read More

Protests that began in Santiago in mid-October as a response to higher metro fares have since spread throughout Chile, leaving more than 20 people dead, according to the country's human rightsRead More

Diversified miner Anglo American has become a member of ResponsibleSteel, a nonprofit organisation and the steel industry's first global, multi-stakeholder standard and certification programme.ResponsibleSteel covers the entire steel supply chain, from raw material supply through steel processing to use, reuse and recycling.AdvertisementIt provides a forum to build trust and achieve consensus...Read More

Just last week, I told you there were signs everywhere that 2020 could finally be a breakout year for the precious metals space and the beaten-down juniors that are in position to be active.I also told you that money was finally starting to trickle back into the sector.M&A in the gold space is heating up and this morning's news should bring more attention to a mining sector that is seeing an incre...Read More

Dear Rich Lifer,There are many wonderful things to be thankful for this holiday season: family, friends, our homes and jobs, the delicious food...but what about our health?Did you know that the average American gains up to five pounds in the period between Thanksgiving and Christmas? While there are many factors that can lead to this weight gain, overeating is easily a key factor.Throughout the ho...Read More