The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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 company describes Prairie Creek as one of the highest-grade, undeveloped zinc deposits in the world, with an 8 million tonne reserve grading 23% zinc-equivalent.Read More
(IDEX Online) - The Gem & Jewellery Skill Council of India has announced that it will be hosting the first Indian Jewellery Excellence Symposium in Mumbai. The two-day meeting will include sessions on different on management, skill and technical subjects. Scheduled sessions include the future in designing using CAD, blockchain technology and upskilling bench skills to reach global standar...Read More
(IDEX Online) - Thieves have stolen three diamond jewelry sets from the Dresden Green Vault. Each set consists of 37 parts each, leading to fears the thieves may try to break them up. Officials are still trying to establish how much was taken in the robbery.According to press reports, there is speculation that the thieves gained entry to the museum after disabling the alarm system by setting fire...Read More
The global diamond industry will require a new narrative and a rebranding to secure its future, a new report has warned.The Dubai Multi Commodities Centre (DMCC) states in its ‘Diamonds Changing Forever’ report that the global industry is at a “major inflection point”.AdvertisementPrices are steadily decreasing, profitability is in decline and access to finance is restricte...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 resourcesThe announcement followed co-chairman Robert Friedland telling a mining conference in London yesterday the risk in the DRC was far lower than...Read More
Dear Rich Lifer,With the first few days of fall past us, chances are good you're thinking ahead to the holiday season. Whether you love the joy the season brings, or mostly just dread the looming credit card bills that come after the fact, it's coming up fast.Fortunately, if you like to save big when you're shopping for thoughtful presents for everyone on your list, Black Friday is coming up, too....Read More
Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road.The Russian metals and mining company currently pays out 60% of its earnings before interest, tax, depreciation and amortization as dividends to shareholders, making it...Read More
This episode features a fireside chat between Kirkland Lake Gold president and CEO Tony Makuch and Northern Miner group publisher Anthony Vaccaro at the Progressive Mine Forum in Toronto on Oct. 16. Makuch discusses the use of electric vehicles and battery technology at the company's Macassa mine in northern Ontario, the importance of profits over scale, and how to relate to millennials in the wor...Read More
Australia's Evolution Mining (ASX: EVN) has agreed to buy Newmont Goldcorp's (TSX: NGT; NYSE: NEM) Red Lake complex in Ontario for US$375 million in cash and contingent payments of up to an additional US$100 million tied to new resource discoveries.Evolution has committed to invest US$100 million on the existing operations and another US$50 million on exploration over three years.The underground g...Read More
The impacts felt by the week-long strike resulted in costly disruptions for Canadian mining companies, many of which incurred significant impacts over the past seven days, including lost sales and customers.Given the mining industry is the most significant customer of Canada's Class I railways, consistently accounting for most (52.3% in 2018) of its rail freight revenues generated annually and is...Read More
(IDEX Online) - An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing division.The company sold 255 polished diamonds with a total weight of 435 carats, or 80 percent of all the stones on offer. This included 73 fancy colored diamonds and nine...Read More
HARARE – Zimbabwe’s mining industry has appealed to the government for help, saying output is slumping as the state-owned power company fails to honour electricity-supply contracts.Zesa Holdings has broken its promise to “ring-fence” supplies to miners, Zimbabwe’s Chamber of Mines wrote in a letter last week to Finance Minister Mthuli Ncube. With some companies lackin...Read More
The trade war with China continues to dominate headlines.Yet there is no depth to it. It focuses on the short term, like the so-called "Phase One" deal.Never mind that there is no actual "Phase Two" to mention. Or that it is just a slight rollback even if it goes ahead.Even less mentioned are the other facets in play: Chinese ambitions in the South Pacific, economic capture through debt owed to Ch...Read More
China said it'll finally make moves on intellectual propertyStocks rallied today thanks to positive headlines around U.S.-China trade relations, with the latter country saying it will raise penalties for intellectual property theft. A flurry of corporate dealmaking also added to the bullish bias, as the tech sector -- and chip stocks in particular -- helped lead the market higher. The S&P 500 and...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
The volatile price action comes during a strong day for the broader stock marketWhile the S&P and Nasdaq notch new highs today, three stocks in particular in the spotlight are biotechs Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR), Intercept Pharmaceuticals Inc (NASDAQ:ICPT), and Teva Pharmaceutical Industries Ltd (NYSE:TEVA). Below, we'll look at what's behind ARWR, ICPT, and TEVA's big moves to...Read More
Options volume is triple the average intraday paceThe shares of eBay Inc (NASDAQ:EBAY) are trading up 1.9% at $35.80, after the company said it is selling StubHub to ticket reseller Viagogo for $4.05 billion in cash. The pop has sparked a rush of activity in EBAY's options pits, with volume running at three times the average intraday pace -- and a number of speculators targeting even more upside t...Read More
Put traders are pouncing on XRT as the holiday season approachesRetail earnings have been a point of focus in recent weeks, so we were taking a look at the sector's primary exchange-traded fund (ETF), SPDR S&P Retail ETF (XRT). As far as options data is concerned, traders have started to take a more put-skewed approach with more earnings due out this week from the sector, and of course the holiday...Read More
Livent's subsidiary FMC - Minera del Altiplano pitched into a trust fund that allowed for the building of a 600.3-kilowatt solar farm in the Andes.Read full newsRead More
The company is slated to report earnings tonightCybersecurity name Palo Alto Networks Inc (NYSE:PANW) is up 1.2% at $249.87 this afternoon. Options traders look to be gearing up for the company's fiscal first-quarter earnings, which is slated for after the close today. On the charts, PANW has resumed its climb higher, with help from the 100-day moving average a few weeks back. Longer term, the e...Read More