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
(IDEX Online) - A 1927 Art Deco bracelet by Cartier tripled its pre-sale estimate at Sotheby's, realizing $6.13 million. After generating interest from six buyers, the bracelet was bought by an Asian collector. The bracelet, which is set with a 46.07-carat cabochon sapphire, realized one of the highest results for a bracelet at auction. "The magic of Art Deco continues to exer...Read More
(IDEX Online) - The European Commission is enforcing a new customs code for lab-grown diamonds. The European Federation of Jewellery (EFJ) said the code, introduced in the European combined nomenclature (Chapter 71), will be used from January 1, 2020 until the HS6 customs code, which was recently adopted by the World Customs Organisation (WCO), is applied at the European level.The EFJ said in a co...Read More
(IDEX Online) - A new survey reveals just how much marketers need to take generational differences into account to make the most of the holiday shopping season. According to insights from the 2019 Holiday Purchase Intentions Survey from The NPD Group, each generation's holiday shopping plans looks very different. So, how do the generations break down?Gen ZAbout one-third will start shopp...Read More
(IDEX Online) - Former IGI head Jerry Ehrenwald has launched a laboratory grown diamond exchange and price index. The Laboratory-Grown Diamond Price Index will use market data from LGDEX.org to publish cash asking prices.The Index will be prepared in collaboration with the GemGuide of Gemworld International."My purpose in establishing the Laboratory-Grown Diamond Exchange is to have an accurate an...Read More
Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaThe sub-level caving operation will feature 21 sub-levels and a crushing station 1km below the surface to control noise and air impacts, with cru...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalRockcliff is aiming to increase confidence in Talbot's inferred resource, which it describes as within trucking distance of the company's leased, plus-1...Read More
Dear Rich Lifer,I have always been a collector of things.When I was younger, I focused on coins ... comic books ... action figures ... baseball cards ... and all the other typical stuff 10-year-old boys like.Since then, I've gotten into guitars, surfboards, vintage skateboards, wine, and even rare sneakers.I've made money on just about every one of those things over the years while having fun alon...Read More
Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaAs a newcomer to the mining sector, recent weeks have been characterised by intensive googling and incessant questioning of increasingly weary lo...Read More
Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaKikon, a senior lecturer in anthropology at the University of Melbourne, embedded herself in communities in the north-eastern Indian state of Nag...Read More
A delay in the start-up of the paste fill plant and lowerthan-expected underground development rates plagued Harte Gold's (TSX: HRT; US-OTC: HRTFF) Sugar Zone mine in the third quarter.The company has cut its yearly production guidance to between 24,000 and 26,000 oz. gold from its previous guidance of 39,200 oz. gold. All-in sustaining costs (AISCs) are forecast to jump to between US$2,000 and US...Read More
Para Resources (TSXV: PBR; US-OTC: PRSRF) has poured the first dor?(C) bar at its Gold Road mine in Arizona, 24 km northeast of the state's borders with California and Nevada.Ian Harris, the company's president, expects the mine to produce a dor?(C) bar two to three times a month before ramping up to 2,500 to 3,000 oz. gold per month during the first quarter of next year."The dor?(C) pour was a si...Read More
In the third quarter, Salobo produced 73,600oz of attributable gold, virtually unchanged year-on-year as higher throughput was almost completely offset by lower grades and recovery.Read More
What else do you people want?The stock market is at all-time highs, employment numbers are steady, and consumer spending has pushed the GDP to better-than-expected levels. Everything is looking peachy. So, why do I continue to hear everyone crowing about a major market correction?Investors are generally a freaked-out bunch... at least the ones I've been running into at dinner parties, family gathe...Read More
The S&P eked out a slim gainThe Dow managed a strong win and another record high in a busy session on Wall Street. The blue-chip index was spurred by Walt Disney (DIS), which saw its shares rally after announcing strong numbers for its Disney+ streaming service. The S&P 500 and Nasdaq lagged behind, however, as traders considered congressional testimony from Fed Chair Jerome Powell -- who suggeste...Read More
A Dartmouth study finds that artisanal-scale gold mining is altering water clarity and dynamics in the Madre de Dios River watershed in Peru, a tropical biodiversity hotspot. Higher levels of suspended sediment were found in rivers near the mining sites, with increasing impacts as mining has become more widespread in the past two decades. The elevated sediment levels contain mercury and other cont...Read More
SDC and GOOS options volume has ramped up todayStocks are flat today, as Wall Street unpacks a congressional testimony from Fed Chair Jerome Powell, as well as public impeachment hearings against President Donald Trump. Among three stocks making notable moves today are teledentistry name SmileDirectClub Inc (NASDAQ:SDC), clothing concern Canada Goose Inc (NYSE:GOOS), and semiconductor stock Nortec...Read More
Despite ongoing economic crisis and power supply disruption, Caledonia posted strong Q3 results.Read full newsRead More
Options are exchanging hands well above the average intraday pace Cloud concern Datadog Inc (NASDAQ:DDOG) is trading at all-time highs following its first ever turn in the earnings confessional since going public in late September. The firm posted a third-quarter loss of 4 cents per share, which was smaller than analysts' expectations, and revenue that also beat expectations. The software company...Read More
Auto stocks have outperformed but put open interest is high on the groupEvery week, Schaeffer's Senior Quantitative Analyst Rocky White sends out a table that breaks down a number of data points for every sector we cover, looking for places where sentiment doesn't line up with how names in the space have been performing -- in other words, another way contrarian traders can find potential opportuni...Read More
Gold Fields Ltd. said the turnaround of South Deep opens the way for the company to do a deal at its last South African mine.Read full newsRead More