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
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide an update on current targeting plans for the Hurricane zone at the Larocque East property. The Hurricane zone is located on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).The Company also notes that in recent weeks the uranium price as...Read More
London and Frankfurt-listed Bluejay completed its latest round of fundraising on November 18, which saw the company issue 115 million new shares.Read More
(IDEX Online) - Studs, a new ear piercing experience that opened its first brick and mortar location in New York City yesterday, also announced it has raised $3 million in seed funding.The funding, which was led by First Round Capital with participation from Lerer Hippeau and angel investors will be used for building retail locations, enhancing the ecommerce experience and expanding the Studs team...Read More
(IDEX Online) - The number of bidders at the recent 2019 Argyle Pink Diamonds Tender saw double-digit growth with buyers vying to get their hands on some of the last diamonds to come from the Argyle diamond mine. The mine is scheduled to close at the end of 2020.While Rio Tinto does not disclose the value of winning bids, it said that over the past 19 years, the value of diamonds sold at Tender ha...Read More
(IDEX Online) - What the latest large finds from Mothae lack in quality, they more than make up for in size. Two diamonds of 220 carats and 127 carats were recovered from the treatment of recovery tailings. The 220-carat stone is the largest of the three 100+ carat stones recovered from the Lesotho mine since commercial production began in January 2019.Lucapa Diamond Company Limited, which ho...Read More
(IDEX Online) - Marketing company GemFind has announced a change in name to better reflect the digital marketing and website solutions it provides to its clients. The company will now be known as GemFind Digital Solutions (GDS). As part of the rebrand, GDS has also launched a new website that features educational training blogs on digital marketing, along with demos of the newly released Ring...Read More
(IDEX Online) - Tennis icon Serena Williams has unveiled her first fine jewelry collection. Created in a collaboration with diamond manufacturer K.P. Sanghvi, Serena Williams Jewelry launched exclusively with Fred Meyer Jewelers online and at select stores and on Macys.com.The collection features over 70 core pieces that include items adorned with words that describe Williams, such as "queen"and "...Read More
Galena provides a leading lightSPONSOREDgalena miningChina is the biggest investor in renewable energy technology, ploughing $91.2 billion into the sector last year.Read More
Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareBoth Rio Tinto and its Toronto-listed subsidiary Turquoise Hill Resources overnight noted Administrative...Read More
Robert Friedland's High Power Exploration (HPX) has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast-track development of its Nimba iron-ore project in southeastern Guinea.The company says it plans to bring Nimba into production as quickly as possible as a starter mine of one to five million tonnes per...Read More
Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareCynicism is built upon a foundation of scar tissue.Read More
JOHANNESBURG (miningweekly.com) – Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel-consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings.“We reduce people’s daytime power costs by 60% to 70%,” SunRanch.Solar chairperson Charles Mostert told M...Read More
Dear Rich Lifer,No one wants to move into a nursing home.But the reality is almost 70 percent of today's 65-year-olds will need long-term care at some point, according to the U.S. Department of Health and Human Services.Whether you want to move into a nursing home or not, you might not have a say.And because so many retirees are in denial of this fact, there's a severe lack of long-term care plann...Read More
Galena provides a leading lightSPONSOREDgalena miningSales for the period fell 36% to $9.6 million compared with $14.9 million in the prior year period as its second scheduled shipment was delayed into the fourth quarter. The company recorded a net profit of $3 million in the same period of 2018."This quarter we had record production and achieved a very competitive all-in sustaining cash cost of $...Read More
No one talks about nuclear or uranium anymore. Investors have shunned it for going on nine years, during which the Global X Uranium ETF (NYSE: URA) has lost over 90% of its value. Similarly, uranium prices have been depressed, having hit a 12-year low below $18 per pound in 2016. They are currently stuck in the low $20s. Given that uranium supplies clean baseload power for 15% of the world, the...Read More
Galena provides a leading lightSPONSOREDgalena miningChina is the biggest investor in renewable energy technology, ploughing $91.2 billion into the sector last year.Read More
Retail as a whole was weak todayThe U.S. stock market struggled today due to weakness in the retail sector. A disappointing earnings release from Home Depot (HD) was the main focus, pulling the Dow off its early record high. The S&P and Nasdaq each pulled back from their own milestones, too, despite a strong session for healthcare stocks. Traders also considered more commentary on the U.S.-China t...Read More
Interview with Ester Vigil, President of 1933 Industries Ms. Ester Vigil serves as 1933 Industries' President. We had the opportunity to sit down with Ester to discuss her background, her interests in health and wellness and her desire to help others. She is the growth driver for 1933 Industries' portfolio of brands and has executive oversight of the supply chain, focusing on sales growth, product...Read More
Options are being traded up at three times the typical clip at midday After yesterday's session put Target Corporation (NYSE:TGT) right back within striking distance of its late-October all-time peak, the shares of the retailer are cooling off today, as investors gear up for the firm's third-quarter earnings report -- due out after the close tomorrow. It's been an impressive run for Target this y...Read More
M and JWN were weighed down by Kohl's ugly quarterly reportThe Dow is taking a breather today, as a struggling retail sector weighs on Wall Street. Among three retail names making notable moves lower today are Kohl's Corporation (NYSE:KSS), Macy's Inc (NYSE:M), and Nordstrom, Inc. (NYSE:JWN). Here's a quick look at what's moving the shares of KSS, M, and JWN. Kohl's Earnings Whiff Prompts Opt...Read More