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
Futures for the major indexes are mixed before the openDow Jones Industrial Average (DJI) futures are trading near fair value this morning, as Wall Street eyes another mixed open for stocks. Traders are focusing on earnings reactions from trade-sensitive Dow stocks Boeing (BA) and Caterpillar (CAT), with the former pacing for a higher start to the day, while the latter is lower ahead of the bell....Read More
The best and worst times to trade stocks, bonds, gold, and other assetsThe Federal Open Market Committee (FOMC) will meet next week and is expected to lower interest rates next Wednesday, Oct. 30, just as it's done the last two meetings. Going back to 2015, Fed weeks have tended to be bearish for the stock market. The table below shows the S&P 500 Index (SPX) has averaged a loss during these weeks...Read More
The mining and mineral exploration industry welcomed the news on Tuesday, but stressed the need to improve Canada's global competitiveness."It will be important to ensure our sector is a key aspect of federal government policy as providing a competitive investment climate is critical to the success of our industry and the contribution we make to the overall strength of the Canadian economy," Minin...Read More
London is once more attracting juniors that need capital to develop their mining projects in Canada and Australia.Read More
The London-listed company posted Q3 production figures - including silverstream - of 13,283 ounces, 5% below consensus estimates. Gold volumes were also 5% shy of consensus at 210,000oz.Fresnillo said full year gold and silver production was "likely to be at the lower end of the guided ranges of 55-58Moz (including silverstream) silver and 880,000-910,000oz gold respectively."Investment firm Jeffe...Read More
Speaking as a prelude to the keynote panel about innovating the CEO agenda, Wallace said such projects were a means of throwing the old university playbook out and "connecting companies and industryRead More
(IDEX Online) - DelGatto Diamond Finance has received a $100 million facility from Crestline Investors, Inc., a credit focused institutional alternative asset manager. The finance provider said the investment increases its ability to meet growing financing demand across all major diamond and jewelry markets. "We are delighted for our partnership with Crestline as we continue to finance the mi...Read More
(IDEX Online) - The World Jewellery Confederation (CIBJO) has produced a special Gemmological Commission report ahead of its annual congress in Bahrain next month. This is the seventh in a series of reports prepared for the congress.Separating science from commercial interests and empirical facts from opinions addresses the measures necessary to ensure that anyone reading a laboratory report under...Read More
(IDEX Online) - JVC has unveiled a kit to help jewelry retailers protect their natural and lab-grown diamond supply chains. The Diamond Supply Chain Protection Kit is designed to give clarity on the diamond-related directives of the Federal Trade Commission's revised Jewelry Guidelines and encourages best practices.The kid includes a handout that breaks down the exact wording that can and can...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesMineralised outcrops at the Celen prospect show porphyry style quartz-magnetite-chalcopyrite veining along with disseminated magnetite-chalcopyrite with consistently rich copper, gold, silver andRead More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesAntofagasta produced 197,000 tonnes of copper and 77,500oz of gold in the third quarter, down 0.8% and 10.7% on the previous quarter.Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesMax said last week it was terminating plans, announced earlier this year, to purchase exploration assets in the Choco department from Noble Metals, and in the Tahami Indigenous Reservation of AltoRead More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesWhat's driving copper is a perfect storm of competing forces.Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resources"A commission has been created to clarify all the circumstances of the incident, an investigation is underway," it said yesterday in a translated statement.The Russian company, also known as Nornickel, said in an update the mine was operating normally at 8pm local time.Golden Mile goes back to the futureSPONSOREDgolden mile resources...Read More
One of the advantages of 401(k)s and traditional IRAs is tax deferral.Whatever amount you contribute today lowers your taxable income for the year and you don't pay any taxes on that money until you withdraw it.But this perk only lasts so long...When you reach age 70 1/2 , Uncle Sam comes calling for his cut, and how the government takes its share is through something called Required Minimum Dis...Read More
When someone tells me they're considering downsizing, I like to ask a few questions to see how much thought they’ve given the idea.My first question is always how much do you think your house is worth on the market today?The answer is almost always a best guess and usually very generous.The second question I ask is do you know how much a one- or two-bedroom home costs in the neighborhood you...Read More
These are exciting days for Victoria Gold (TSXV: VIT) as the company transitions its flagship Eagle open-pit gold project in the Yukon from development into production.At the end of September, the company had mined 1.7 million tonnes of ore and stacked 1.1 million tonnes of crushed mineralized material on the heap leach pad, pouring its first gold on Sept. 17."After ten years of blood, sweat and...Read More
Orla Mining (TSX: OLA) has reached an agreement with Trinity Capital Partners for a project finance facility of up to US$125 million to build its first mine - the Camino Rojo oxide heap leach gold project in Mexico.The facility will include a syndicate of lenders led by mining financier Pierre Lassonde, Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Trinity Capital.The project in Zacatecas, 50 km so...Read More
The next generation of mining leaders will arrive with a "tsunami" of environmental, social and governance (ESG) concerns, says Claudia Mueller, associate director of the Global Mining Management program at the Schulich School of Business. Mueller joined a panel of experts in October to discuss ESG issues at The Northern Miner's third annual Progressive Mine Forum in Toronto. In recent years, she...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 Canadian bank said markets continued to price in a more dovish tone from central ban...Read More