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
Analysts have been quick to chime in after GRUB earningsGrubHub Inc (NYSE:GRUB) reported third-quarter adjusted earnings of 27 cents per share -- in line with the consensus estimate -- on $322 million in revenue, well below the $330.5 million analysts were expecting. The company also gave lower-than-anticipated current-quarter guidance amid rising competition in the food delivery space. In a lette...Read More
U.S. stock futures are trading just below fair valueWith earnings dominating the headlines again, Dow Jones Industrial Average (DJI) futures are trading below fair value this morning. Futures on the S&P 500 Index (SPX) are also pointing to a lower open for stocks, as the broad-market index looks set to cool after yesterday's record high. Alphabet's (GOOGL) poorly received earnings update is one re...Read More
SBUX's recent pullback has found supportAt least one analyst is expecting big things from Starbucks Corporation (NASDAQ:SBUX) in the earnings confessional this week. The coffee chain is set to report third-quarter results after the close tomorrow, Oct. 30, and KeyBanc envisions strong same-store sales growth of 5%, above the consensus view of 4.5% growth. The analyst also does not think the U.S.-C...Read More
Traders are dumping capital into the 2x VIX futures tracker as fast as TVIX can burn it upEveryone loves a good underdog story, and Wall Street investors are of course no exception -- but in the case of the VelocityShares Daily 2x VIX Short-Term ETN (NASDAQ:TVIX), some traders are simply taking this trope too far.The exchange-traded note (ETN) is one of those leveraged volatility products that you...Read More
The Developer of the Year award highlights the importance of a recent mineral discovery that has had a ripple effect on it or other exploration activities.Read full newsRead More
Key North American market futures were buoyant after the S&P500 touched a record 3,041.81 intraday, boosted by the firming possibility of a US-China trade deal, further positive earnings and the prospect of another interest rate cut this week.On the other side of the pond, the FTSE100 closed slightly higher as the European Union agreed to extend the Brexit deadline.Palladium earlier hit US$1,8...Read More
The LME unveiled its responsible sourcing requirements on Friday after picking through feedback to a consultation document it put out in April.Read More
However the CEO of Northern Dynasty Minerals' (TSX: NDM) subsidiary said it was clear sworn opponents of the project were "alarmed at the steady progress Pebble continues to make" towards a final federal environmental impact statement and Record of Decision from the US Army Corps of Engineers.Northern Dynasty describes Pebble as the most significant undeveloped copper and gold resource in the worl...Read More
(IDEX Online) - Tiffany & Co. has confirmed it has received an unsolicited, non-binding proposal from LVMH Moet Hennessy - Louis Vuitton to acquire it for $120 per share in cash.The luxury jeweler said that while the two sides are not in discussion, its Board of Directors is reviewing the proposal to determine the best course of action for the company and its shareholders. According to a...Read More
(IDEX Online) - New research by the De Beers Group in its latest Diamond Insight Report reveals the increasing role women are taking in purchasing engagement rings. According to the research, the share of U.S. women buying their own engagement ring doubled from 7 percent to 14 percent within a five-year period.The research also found that when women buy their own diamond engagement ring they spend...Read More
(IDEX Online) - Diamond explorer Botswana Diamonds has announced that its associate Vutomi Mining Pty Ltd has received a mining permit for the iconic Marsfontein Mine. The permit covers the mine's diamond-bearing gravels and unprocessed stockpiles.The mine, which comprises a kimberlite blow, operated for two years in the late 1990s with a pay-back of its entire development cost in less than f...Read More
LONDON - Anglo American unit De Beers said its 2019 marketing budget will exceed last year's figure of $170-million and will focus on the biggest market the United States, where women lavishing diamonds on themselves has boosted sales.While US demand has held firm, the diamond market has weakened elsewhere and trade tensions and protests in Hong Kong have dented sales in China, the second larg...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe Newcrest Mining and BHP-backed company has been conducting metallurgical testwork ahead of a prefeasibility study, due out in the March quarter of 2020, resulting in improvements in copper, goldRead More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe ASX-listed company is proposing to acquire 80% of the Oracle Ridge mine for an upfront consideration of US$500,000 and payments of $1.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 maplecroftHowever the CEO of Northern Dynasty Minerals' (TSX: NDM) subsidiary said it was clear sw...Read More
Robert Kiyosaki, here. I'm filling in for Nilus today.A lot of people come to me asking how they can get rich quick...It's the most disturbing question I get.Why? It's the wrong question. It tells me that they don’t have the foundation of financial intelligence required to use their money well if they do-somehow-become wealthy.This is because most people don’t understand that, when it...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 Qataris hold the key to the future of Sirius (more on this shortly) where 1,200 jobs...Read More
This episode features the ESG panel from The Northern Miner's third annual Progressive Mine Forum, which took place on Oct. 16 at the MaRS Discovery District in downtown Toronto. Panellists include Kulvir Singh Gill, DPI Mining associate director; Claudia Mueller, Global Mining Management associate director at the Schulich School of Business; Sam Pazuki, OceanaGold vice-president of Investor Relat...Read More
POLOKWANE, LIMPOPO (miningweekly.com) – Diversifed miners Anglo American and Exxaro have, alongside the Council for Scientific and industrial Research (CSIR) and World Vision International announced their collaborative partnership to work with the government of the Limpopo province to drive sustainable economic development in the province through a multisector initiative called, the Impact C...Read More
BOCA RATON, Fla., Oct. 28, 2019 /PRNewswire/ -- Jushi Holdings Inc. (Read full newsRead More