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
Dear Rich Lifer,Every year at this time, millions of Americans age 65 and older have to make a choice:Do I sign up for a new Medicare Advantage plan, shop around for another provider, or return to Original Medicare (Part A and Part B)?Medicare Open Enrollment Period for 2020 coverage runs from October 15 – December 7. This year the government also added a second open enrollment period for Me...Read More
In May 2016, Silver Standard Resources, now called SSR Mining (TSX: SSRM; NASDAQ: SSRM), acquired Claude Resources and its Seabee gold operation in Saskatchewan for $337 million in cash and shares.Five months later, SSR Mining optioned Taiga Gold's (CNSX: TGC) Fisher project - whose property boundary lies 1.5 km south of Seabee's Santoy mine.The Santoy mine is hosted by the Santoy shear, a regiona...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftAn increasingly striking feature of non-mining and mining investments alike is a focus o...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftHere we go again, moaning about old age - a broken record I know, but then getting old i...Read More
Natural resources business area sales rose 4% to US$962 million for the 2019 period.Clariant said its oil and mining services business had double-digit sales growth, while functional minerals was slower and additives dipped. It said oil and mining continued to expand in the September quarter, but sales in functional minerals decreased slightly due to a weak automotive sector and the Additives busi...Read More
(IDEX Online) - Petra Diamonds evacuated the Cullinan Mine earlier this week following a thunderstorm over the weekend that led to an open pit wall collapsing. No one was hurt in the incident and the miner said it does not expect production to be affected.Mining at the open pit was discontinued over 50 years ago.During the incident approximately 3 million tons of material fell into the open pit, w...Read More
London-listed Petra Diamonds has temporarily halted operations at its Cullinan mine, in South Africa, while it undertakes a risk assessment following the scaling of the openpit wall over the weekend.The company on Wednesday reported that a thunderstorm on October 26 had resulted in a "notable scaling of the sidewall" of the openpit over the weekend, as well as on Monday, October 28.Adver...Read More
The well-funded company is already in the initial construction stage at the permitted project in the Gascoyne, de-risking very quickly and on track for first production and cash flows in 2021.Managing director Alex Molyneux reflected on the rapid progress the company has made since its IPO just over two years ago, from a maiden resource to a definitive feasibility study, getting the equity for the...Read More
Publisher's Note: I was interviewed by Kitco News this past weekend while attending and speaking at the Silver & Gold Summit in San Francisco. It gives a good overview of where we're currently at in the gold bull market, as well as what's needed to take it to the next level. Please find the transcript below. -NickNeils Christensen: Welcome to Kitco News. I'm Neils Christensen. We're here at The...Read More
The trade war between China and the U.S. has weighed on investor sentiment for the past 18 months, and while the market remains mostly resilient, as evidenced by Wall Street approaching new highs, trade tensions remain part of the market narrative. If you talk to corporations, they don't know what'sRead full newsRead More
The index did hit another record high earlier, while the Dow waffled before closing lowerAfter trading on both sides ofbreakeven, the Dow settled slightly lower, as attention turns toward tomorrow's Federal Reserve announcement, where a 25-basis-point rate cut is anticipated. The S&P also hit another record high earlier today, before eventually settling just below breakeven. The Nasdaq, however, w...Read More
It took 52 years for Bryan Wells to return to the top of Emigrant Peak. Although the 10,960-foot mountain was much the same, seeing the country through the eyes ofRead full newsRead More
Piper Jaffray initiated coverage on WORK stock with an "outperform" ratingSlack Technologies Inc (NYSE:WORK) stock is up 4.9% to trade at $22.51, after Piper Jaffray initiated coverage with an "overweight" rating, and a $30 price target -- a nearly 40% premium to last night's close. The analyst in coverage waxed optimistic over the company's workforce software, and said the stock's recent sell-off...Read More
Small-cap stocks tend to be misunderstood, and as a result, investors often miss out on very lucrative opportunities. Many individuals have amassed large fortunes by investing in these types of stocks. Here are 6 reasons why you should invest in small cap stocks. 1. Higher Potential for Growth A small-cap stock is a type ofRead full newsRead More
Amazon said it will offer free grocery delivery to U.S. Prime membersStrong earnings from a pair of big-cap pharmaceutical firms is keeping the S&P 500 Index (SPX) above water today, though gains are modest due to a negative reaction to Alphabet's (GOOGL) quarterly results. Not all stocks are moving on earnings today, though, with grocery names Kroger Co (NYSE:KR), BJs Wholesale Club Holdings Inc...Read More
Monterey Minerals is pleased to report on results from the soil sampling, prospecting and mapping program completed on the Cobalt Mountain Property.Read full newsRead More
An internal study shows Applied Materials stock could keep gainingIt's been an interesting few months for Applied Materials, Inc. (NASDAQ:AMAT). The shares moved lower in mid-August after the company's outlook spooked investors, only to make up those losses and then some in the subsequent weeks, including their 12% gain in October so far, sparked in part by strong quarterly numbers from rival Lam...Read More
If pressed, if forced to name names and cough-up a list of some of the better values I see in the junior exploration arena, Azincourt Energy (AAZ.V) would be a no-brainer Top-Five pick. The sentiment for uranium ExplorerCos isn't exactly percolating at this juncture in what has been a grueling ...Read full newsRead More
White Gold Corp. is pleased to announce the Company has received $3.35 million in proceeds from the exercise of outstanding share purchase warrants.Read full newsRead More
The best and worst stocks, historically, also sport attractively priced optionsThe S&P 500 Index (SPX) has had a banner October, pacing for a 2.1% monthly gain and fresh off an all-time high. Looking ahead to November, several stocks could extend the positive momentum, if history is any indicator, including travel concern Alaska Air Group, Inc. (NYSE:ALK). On the flip side, red-hot real estate inv...Read More