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
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesSpeaking as part of a panel on the outlook for metals, Vanessa Davidson, director of base metals research and strategy at commodity analysis firm CRU, described nickel as "likely to be the stand-outRead More
Dear Rich Lifer,I just got back from a great trip to Italy, and in a recent article I told you how the vast majority of the flights were covered by a simple credit card trick.Today I want to give you another way to get to Europe for free. In some instances, you'll not only get a complimentary flight. You'll also get a free hotel room and a fully-insured car to use for a couple of weeks.Of course,...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 maplecroftThe agenda has appropriately evolved to more accurately reflect the areas metals and min...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 maplecroftBefore the detail about which smelters have reached the end of their profitable (or soci...Read More
Russia's state nuclear group Rosatom and Canada's Wealth Minerals (TSXV: WML) are working towards a partnership at the junior's Atacama lithium project in northern Chile.?EUR?The two companies signed a memorandum of understanding (MOU) under which Rosatom, through its subsidiary Uranium One Group, can earn up to a 51% stake in the project along with the right to purchase 100% of its offtake.The MO...Read More
Commercial production at the El Nino gold mine in Nevada's Carlin Trend started ahead of schedule and on budget, Premier Gold Mines (TSX: PGM; US-OTC: PIRGF) reports.Premier owns 40% of the underground mine and Nevada Gold Mines owns the remainder. Nevada Gold Mines is a joint-venture between Newmont-Goldcorp (TSX: NGT; NYSE: NEM) and Barrick Gold (TSX: ABM; NYSE: GOLD).High-grade ore is being pro...Read More
Aim-listed BlueRock Diamonds has sold the 20.72 ct diamond recovered from its Kareevlei mine, in South Africa, in September, for $236 000, or $11 389/ct.This is the highest value achieved for the mine to date for a single diamond, surpassing the previous record sale of $190 000 for a 24.8 ct diamond.Advertisement“I am pleased with the recovery and sale of yet another high-value dia...Read More
The U.S. indices are back at all-time highs, gold remains at/near $1,500 here in the U.S., interest rates are expected to go lower as the Fed meets this week and is largely anticipated to cut a quarter basis point. Everything is awesome! Right?Why, then, does the Fed continue with capital injections and why do capital injections continue to increase in size?On October 22, the Fed pumped $99.9 bill...Read More
Precious metals miner Hochschild Mining on Wednesday reported a near 9% jump in ...Read full newsRead More
Precious metals miner Hochschild Mining on Wednesday reported a near 9% jump in ...Read full newsRead More
(IDEX Online) - Reports are rife that LVMH has approached Tiffany & Co about a possible takeover of the U.S. jeweler.According to Reuters, LVMH, which is the world's largest luxury group by sales, submitted a preliminary, non-binding offer to Tiffany earlier this month. Tiffany has reportedly not yet responded to the offer.The merger would give the French company a way to expand into the...Read More
(IDEX Online) - Sales of fine jewelry and fine watches increased by 2 percent in the U.S. market in August compared to the same month a year ago, as the graph below illustrates. This is the second successive month that sales have increased since the start of the year. While the increases are small, they are sure to come as something of a relief for retailers as they head into the holiday season.&n...Read More
(IDEX Online) - A 50-carat diamond worth $1.84 was stolen from a display at the International Jewellery Tokyo AUTUMN on Thursday. According to reports, the diamond was last seen in a glass showcase at 5pm. An hour later, just after the show closed, the diamond had vanished and the case left unlocked. The stone was displayed by a company from Saitama, north of Tokyo, and was the only item...Read More
(IDEX Online) - Russian diamond miner Alrosa has announced the discovery of a rough diamond weighing over 230-carats at the Udacnhaya kimberlite pipe. The rare specimen is the largest gem-quality diamond found by Alrosa in the past three years. The 232.4-carat octahedron has a yellowish hue and several chips. Its dimensions are 40?'...39?'...23 mm.In the first nine months of the y...Read More
Precious metals miner Hochschild Mining on Wednesday reported a near 9% jump in ...Read full newsRead More
In mid-2000, one of the most successful advertising campaigns running was Capital One's "What's In Your Wallet?"Remember the commercials? The first year the ads ran, Capital One total US accounts went from 29MM to over 40MM, and card consideration among consumers tripled!This was the first time ever Capital One executed a sustained advertising campaign and they knocked it out of the park.But if th...Read More
Chile, Paris, Hong Kong, Indonesia, Haiti.On the surface, these places have little in common. But recent news headlines have tied them all together under one common theme.Unrest.Look at news coming out of any of these places in the past few months. You'll see that frustrated citizens have taken to the streets in the tens of thousands for a variety of reasons.In some places, the reasons are economi...Read More
In this interview with SmallCapPower at the MoneyShow Toronto 2019, 1933 Industries Inc. (CSE:TGIF) (OTCQX:TGIFF) CEO Chris Rebentisch discusses the Company's operations, its 45% year-over-year organic growth, 1933's successful branding efforts, and touches upon future growth initiatives.Read full newsRead More
Gold has stalled out, drifting sideways to lower for nearly a couple months now. Traders are becoming more frustrated its preceding powerful rally has failed to resume. That is inexorably eroding this past summer's bullish psychology. Corrective phases to rebalance sentiment are normal and healthy after strong uplegs. Gold had grown too overbought, exhausting traders' near-term buying...Read More
Gold has stalled out, drifting sideways to lower for nearly a couple months now. Traders are becoming more frustrated its preceding powerful rally has failed to resume. That is inexorably eroding this past summer's bullish psychology. Corrective phases to rebalance sentiment are normal and healthy after strong uplegs. Gold had grown too overbought, exhausting traders' near-term buying...Read More