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
If you think vending machines are just for candy and soda, think again.Whether you're in need of a fresh slice of pizza, a new pair of running shoes, or refill on your glass of Mo?<
Owning a rental property can be a great investment.Especially if the neighborhood you buy in is growing fast, there's lots of demand and not a lot of supply, and your tenant also happens to be a nun.But that's almost never the case. In fact, I've heard, and seen, some horror stories.Drug dealing tenants, mice, bed bugs, holes through drywall, backed-up toilets...you name it.I'm telling you this no...Read More
Retirement is an exciting thing to look forward to, but it does come with its own set of challenges when it comes to preparing for this next step in life. Once you retire; most likely, you will have to live on a fixed income. This can be an adjustment for many people, but with the right frame of mind, you'll be able to prepare for any unexpected expenses.According to the U.S. Bureau of Labor Stati...Read More
Did you know retirement ranks 10th on the list of life's 43 most stressful events?I have to say, I was a little surprised.If you're not familiar with the Holmes and Rahe Stress Scale, it was invented in 1967 as a way for doctors to predict whether certain stressors in a patient’s life could increase their risk of serious illness.Two researchers by the name of Thomas Holmes and Richard Rahe c...Read More
Finland-focused explorer Karelian Diamonds has raised £50 000 through a subscription of 1 428 571 new ordinary shares of €0.00025 each, at a price of 3.5p each.The net proceeds of the subscription will be applied for general working capital purposes.AdvertisementExisting shareholder Martello Holdings, whose ultimate beneficial holder is Thomas Anderson, subscribed for the shar...Read More
The IPC announced on Friday the Bloomfield Group's Rix's Creek mine had approval to continue operating until 2040 - hours before the public comment period was due to close.The IPC then said "the purported determination was not valid" and extended the public comment deadline to midday on October 11."It just beggars belief that the IPC could issue an approval for a major project involving 300 jobs a...Read More
For what seems like the fifth or sixth year in a row, the uranium market has managed to make fools of those of us calling for a new bull market.I'm new to the club but guilty as charged... so far.Those of you who have been fortunate enough to have made money from the last bull market know the script. You can be off by years on when the actual bull starts charging, but when it does, the amount of m...Read More
China National Petroleum Corp. came up against significant banking obstacles due to US sanctions pressure. Read full newsRead More
Cobalt developer Global Energy Metals (TSX-V: GEMC)has shed more light on the use of drones at its Nevada-based battery mineralexploration assets. Global Energy - which revealed plans to co-list inLondon earlier this year - has contracted MWH Geo-Surveys International (MWH) tofly Unmanned AeRead full newsRead More
Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More
Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More
On the back of record quarterly revenues from its wholly owned Lac des ??les mine, 100 km northwest of Thunder Bay, Ont., pure-play palladium producer North American Palladium (TSX: PDL; US-OTC: PALDF) recently added to its regional presence by acquiring 51% of the nearby Sunday Lake platinum group metal project, just 60 km south of its mine.Originally entering an earn-in agreement in mid-2017 wit...Read More
(IDEX Online) - The National Retail Federation (NRF) is predicting holiday retail sales during November and December will increase between 3.8 percent and 4.2 percent over 2018 to a total of between $727.9 billion and $730.7 billion. This is just slightly above the average 3.7 percent increase seen over the past five years.NRF expects online and other non-store sales, which are included in the tot...Read More
(IDEX Online) - The mining lease for the Let?... ?eng mine in Lesotho has been renewed for 10 years, Gem Diamonds Ltd has announced. This is the maximum period allowed under the 2005 Mines and Minerals Act. Under the terms of the new lease, the royalty payable in respect of diamonds sold by Let?... ?eng has increased from 8 percent to 10 percent, effective immediately. Gem will continue...Read More
(IDEX Online) - Against the backdrop of ongoing pro-democracy protests, retail sales in Hong Kong registered the largest year-on-year decline on record. All aspects of trade have been hit with the jewelry, watch, clock and valuable gifts category seeing a massive 47 percent decline in August.Department stores sales fell 30 compared to a year ago with 30-80 percent of the city's stores closed...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesLang brings more than 40 years experience in the mining industry to the table, replacing Alan Hibben as agreed under a settlement with a major shareholder over a bitter battle for a board overhaul.Lang has deep experience in relevant fields of engineering, development and production at gold, copper, coal and platinum group metals ope...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 limitedThe future of mining is (still) peopleSPONSOREDproudfoot"Market speculation on the potential acquisition of First Quantum provided a short respite to copper-levered names. Howe...Read More
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has released an updated prefeasibility study (PFS) for an underground-only mine at its wholly owned Patterson Lake South (PLS) uranium project in northwestern Saskatchewan. The updated PFS follows an earlier study of an open-pit and underground operation released in April.The PFS tables a 1,000-tonne-per-day underground mine that will process 2.3 million t...Read More
Global economic growth concerns supported gold on Friday, once again pushing the yellow metal above the US$1,500 per ounce level.Read full newsRead More
Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More