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
KIMBERLEY, South Africa (Reuters) – The first South African project to bring illegal miners into the formal fold has been plagued by violence in diamond capital Kimberley, dealing a major blow to national efforts to stem a booming illicit trade.The project was launched 18 months ago in Kimberley, the site of a nineteenth-century diamond rush that lured fortune-seekers from the world over. Mi...Read More
Dear Rich Lifer,The so-called Golden Age of Television started back in the 1950s when TV sets began their explosive growth.You might remember shows like I Love Lucy, Toast of the Town with host Ed Sullivan, and Gunsmoke.These classics paved the way for networks to start adding even more content.In the '60s, TV networks started showing full-length movies that had played in theatres. As the supply o...Read More
In this latest four-part installment of TNM Leaders, Jeffrey Christian, managing partner and founder of CPM Group, discusses must-have soft managerial skills, successful idea generation and how to avoid mistakes.Jeffrey Christian.To view TNM Leaders segments, click the Videos tab on our main page and go to TNM Leaders, or click the link below:https://www.northernminer.com/tnm-leaders/Read More
It's the last quarter of the year, which for the past several years has meant tax-loss selling season is here to further depress already depressed share prices of our favorite juniors.That's still happening.What's different this year is the macro backdrop going into the next year.The past month has seen a drop in volatility with stable stock and bond markets.It's the calm before the storm.Last mon...Read More
RGLD earnings call for the period ending September 30, 2019.Read full newsRead More
Mexico's environmental authority, Semarnat, has suspended the permitting process for Almaden Minerals' (TSX: AMM; NYSE: AAU) Ixtaca gold-silver project in the state of Puebla, pending the resolution of a lawsuit that challenges the country's mineral-title system.The lawsuit, filed by the Tecoltemi community of about 150 people in Puebla state, contends that the granting of mineral titles wit...Read More
(IDEX Online) - Alrosa has debuted a pilot digital tender program that gave buyers access to a full digital scan of each rough diamond for sale. To do so, the mining company used various tools and technology from Sarine Technologies, including Sarine's Galaxy inclusion mapping and DiaExpert planning.The scans give information about each rough diamond's detailed external shape, internal i...Read More
(IDEX Online) - The Women's Jewelry Association (WJA) has debuted a new learning program, "Negotiable," to help its members build their ability to negotiate a promotion, a better vendor contract or higher sales.The program includes videos, assessments and worksheets and is part of the organization's Gender Equality Project. Data shows that women make the vast majority of purchase de...Read More
(IDEX Online) - Alrosa has announced that revenue for the third quarter of 2019 dropped 20 percent to 46 billion rubles ($721.3 million) compared to the previous quarter. Sales were down 23 percent in the quarter. Year-over-year, revenue dropped 35 percent while sales dropped 5 percent. Alrosa also sold a higher volume of small-size diamonds, which contributed to the fall in revenue. In...Read More
Anyone researching Royal Gold Mining Inc. (CVE:ROYL) might want to consider the historical volatility of the share...Read full newsRead More
Christopher Lewis7 hours ago (Nov 08, 2019 5:23 PM GMT)Gold markets have broken down rather significantly during the week, slicing well below the $1500 level. This is a very negative sign, but when you look at the weekly chart, you can see that we are still technically and a bullish flag. Quite frankly, this market needs to save itself rather quickly or it’s going to be serious trouble. The...Read More
Dear Rich Lifer,If a rising tide floats all boats, what do rising gold prices get you?Con artists…a lot of them!With talk of a looming recession, the price of gold has risen to a level we haven't seen in over five years.And with climbing gold prices, we're seeing more and more con artists crawl out of the woodwork.A U.S. Senate Special Committee on Aging report found that over 10,000 America...Read More
Chinese influence on the world stage is growing. That isn't a secret. Yes, there's all the talk of trade wars, rapid growth, expansion into other countries, and advances in military technology. But there's one aspect of the country's growing influence that has largely been overlooked until recently. You most likely heard about the story related to Daryl Morey, the general manager of the NBA's Ho...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
President Trump isn't sure about rolling back tariffs on ChinaU.S. stocks ended the week with a quiet session that saw the major indexes close near breakeven. Traders responded to news that President Donald Trump hasn't agreed to roll back tariffs on China, wiping away early morning gains. The Dow ended up with a small win, while the S&P 500 and Nasdaq also edged out gains. All three indexes close...Read More
HighGold Mining Inc. (TSXV:HIGH) (theRead full newsRead More
U.S. equity indexes hit fresh all-time highs as U.S.-China trade optimism grew The week started with a bang as stock market indexes hit fresh record highs, brushing off theMcDonald's (MCD) CEO ouster, as optimism over U.S.-China trade talks resurfaced. This optimism was carried throughout the week, bolstered by news that both governments planned on rolling back some of the $125 billion in tariffs...Read More