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
A look at how presidential elections affect stocks, and vice versa We're less than a year away from the 2020 U.S. presidential election. So, I decided to look at whether there's been anything significant about how stocks behaved in the year before elections. The table below summarizes the S&P 500 returns in the 252 trading days before Election Day each year since 1950 (Election Day is the Tuesday...Read More
Sterck visited the assets in the Bowen basin, central Queensland, on Wednesday, and said in a note his key takeaway was "the logical approach being taken to delivering these improvements as well asRead More
(IDEX Online) - GIA (Gemological Institute of America) has welcomed two new members to its Board of Governors. They are Dr. Jeffrey Post and Tammy Storino.Dr. Post is a research geologist at the Smithsonian National Museum of Natural History and is also the curator-in-charge of the museum's National Gem and Mineral Collection.He has also served as chairman of the department of mineral science...Read More
(IDEX Online) - De Beers today said it provisionally sold $390 million worth of rough diamonds at its ninth Sight of the year, which took place earlier this month.This compares to sales of $442 million in 2018. Sight 1Sight 2Sight 3Sight 4Sight 5Sight 6Sight 7Sight 8Sight 92019$500 M$496 M$581 M$416 M$391 M$250 M$287 M$297 M $390 M (provisional)2018$672 M$563 M$524 M$554 M$581 M$533 M$50...Read More
(IDEX Online) - Diamond explorer Botswana Diamonds PLC has announced the recovery of the first diamonds from diamond-bearing gravels and unprocessed stockpiles surrounding the Marsfontein Mine. The stockpiles are believed to contain commercial-grade diamonds."I am delighted with the rapid progress the team has made on-site and it is noteworthy that the first diamonds were recovered within two...Read More
HARARE – Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, mines minister Winston Chitando said on Wednesday.Chitando said some investors had not developed gold and platinum assets that they had held dating back to the 1960s and the mines ministry had asked some companies to justify why they should keep...Read More
Diamond miner De Beers’ rough diamond sales value for the ninth sales cycle of this year increased to $390-million, compared with the $297-million reported for the eighth sales cycle.Sales were, however, lower than the $442-million recorded for the ninth sales cycle of 2018.AdvertisementCEO Bruce Cleaver commented that with signs of increasing polished price stability, the ninth sales cycle...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 2020SPONSOREDindabaWeighing on results was a $242 million impairment charge on the stalled Rosemont project in Arizona following another legal setback two weeks ago...Read More
Unlike the recurring attacks by armed jihadists in Burkina Faso, the rebel groups that are making mining impossible for Banro in the Democratic Republic of the Congo (DRC) are motivated more by commercial than religious reasons, CEO Brett Richards says."They run artisanal mining activities in the country and they can generate substantial revenue," Richards says of the well-organized and heavily ar...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 2020SPONSOREDindabaIt is a common human conceit that we always tend to think that what is happening to us is the most important thing that has ever happened to anyo...Read More
LONDON – Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who – the theory went – didn’t covet sparkly gems the way their parents had.The concern turned out to be mostly unfounded, but the reality is almost worse. While Americans are buying more diamond jewellery than ever before, most polished diamonds are getting steadily chea...Read More
Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities.The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elderl...Read More
The stock market at all-time highs feels good. Your account should be swollen. I hope it's not an infection.What we do here is only a piece of the larger puzzle. You won't see me writing about low-cost Vanguard Admiral shares here, but stuff like that should be the anchor of your overall portfolio. Here, we do hard assets, wealth protection, and contrarian commentary and ideas. That last part...Read More
The president blasted the Fed for keeping interest rates too highThe Dow spent most of the day in positive territory, but ran out of steam down the stretch to finish flat. The S&P 500 and Nasdaq were also strong early on, hitting record highs, but pared these gains into the close. Investors monitored an afternoon speech from President Donald Trump, who said China has cheated the U.S. on trade in t...Read More
Silver Spruce Resources Inc. is pleased to announce the receipt of the initial batch of sample assays from its October 2019 field due diligence program.Read full newsRead More
FDA staffers' review of Amarin's Vascepa is being well-received by Wall StreetThe S&P 500 and Nasdaq are trading at new highs today, as investors digest a speech from President Donald Trump at the Economic Club of New York. Among three stocks making notable moves higher today are IT specialist DXC Technology Co (NYSE:DXC), factory automation equipment maker Rockwell Automation (NYSE:ROK), and bio...Read More
Options volume is high on DIS, ROKU, CBSWalt Disney Co (NYSE:DIS) is trading higher today as its Disney+ streaming service launches, last seen up 1.4% at $138.70, even though the company said stronger-than-expected demand for the service resulted in a number of glitches for users. Either way, options volume has picked up amid the buzz, with calls crossing at three times the pace expected.The most...Read More
Golden Predator is pleased to announce tests have successfully confirmed that EnviroLeach Technologies's formula effectively extracts and recovers gold.Read full newsRead More
The president's address is scheduled for middayThe Dow Jones Industrial Average (DJI) is up modestly at midday, getting a lift from Walt Disney (DIS) stock, which is higher amid the launch of the Disney+ streaming service. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are cautiously higher, too -- tagging new record highs earlier -- as traders look toward today's speech from President Donald...Read More
Low implied volatility is also something to monitor on GRMNGPS specialist Garmin Ltd. (NASDAQ:GRMN) has been on a tear up the charts this year, already tacking on more than 50% year-to-date. Also fresh off a late-October post-earnings bull gap that lead to the stock's nearly 12-year high, the equity is looking unstoppable. Plus, the company's plans to roll out an automatic emergency landing syste...Read More