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
Wall Street Insider is a behind-the-scenes look at the stories dominating banking, business, and big deals.Read full newsRead More
Every investor in California Gold Mining Inc. (CNSX:CGM) should be aware of the most powerful shareholder groups...Read full newsRead More
CMG shares hit a record high earlier this monthJefferies raised its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) stock to $820 from $700, saying it expects the burrito chain to post solid third-quarter financial results, even amid weaker-than-forecast same-store sales. The brokerage firm's new price target is still a discount to last night's close at $824.49, and this morning, CMG stock...Read More
PM calls have ramped up in volume this morningThe shares of Philip Morris International Inc. (NYSE:PM) are in focus this morning, after the tobacco company abandoned merger talks with Altria Group (MO). The two companies were set to combine after Altria was spun off in 2008, with talks heating up late last month. Ultimately though, both sides decided to focus on the launch of IQOS, a tobacco hea...Read More
GLUU is looking to snap an eight-day losing streakGlu Mobile Inc (NASDAQ:GLUU) is trading up 2.2% this morning at $4.85, after yet another analyst said to buy the stock. D.A. Davidson last evening released a note that gave the mobile game maker a "buy" rating and $8 price target, representing territory not explored since early June, with the $8 level actually serving as a ceiling just days before...Read More
A patent for the company's DNAbilize technology was added to its intellectual property portfolio The shares of Bio-Path Holdings Inc (NASDAQ:BPTH) are near the top of the Nasdaq this morning, after the company updated its intellectual property portfolio with a second platform technology patent, issued by the United States Patent and Trademark Office on July 2, for its DNAbilize technology, used to...Read More
NKE stock is set to open at a new record highFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, thanks to a positive earnings reaction for Nike (NKE). The Dow stock is up 5.4% in electronic trading -- set to open at a record high -- after the athletic apparel retailer's strong fiscal first-quarter earnings report was met with an onslaught of price-target hikes. However...Read More
Family offices around the world are stockpiling cash ahead of a market meltdown. Read full newsRead More
When the S&P enters October up big year-to-date, with optimism prevalent, volatility tends to ensueNext Tuesday, Oct. 1, the fourth quarter of 2019 officially begins. It hasn't been that long since the major fourth-quarter 2018 sell-off, which was pretty brutal for the stock market. The 9.2% decline in the S&P 500 Index (SPX) last December was its worst monthly loss of the last decade, and the rou...Read More
Gold has had a good third quarter, rising 8%, according to UBS. Two factors suggest gold may be set for further rises in the immediate future.In India, the monsoon season brought higher rainfall than usual, which will boost agricultural incomes and thus drive increased purchase of gold.Meanwhile in China, forward contracts have surged to record highs on the Shanghai Gold Exchange, and there has be...Read More
The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.The new facility has 41 tables, secured with cameras, state-of-the-art technology and specialist lighting and can host 200 buyers at once. Although it is designed for diamond trading, the old tinted windows have been replaced by white crystal...Read More
(IDEX Online) - The Alrosa Diamond Inspector, the first portable Russian instrument for diamond verification, has received high results in the ASSURE testing program run by the Diamond Producers Association (DPA). The testing was carried out by UL Verification Services, Inc., an independent laboratory in the U.S. The DPA program is designed to standardize the effectiveness of tools and specia...Read More
(IDEX Online) - The Minerals Marketing Corporation of Zimbabwe (MMCZ) has high expectations for its final auction of the year. The corporation sold 316,000 carats at its most recent tender. In the next sale, which is anticipated for November, according to The Herald, MMCZ hopes to sell 400,000-500,000 carats of goods. While Zimbabwe expects to almost double its production this year - 4.1...Read More
(IDEX Online) - The lab-grown diamond sector continues to strengthen its leadership. WD Lab Grown Diamonds has appointed Sue Rechner, former global president of Merrell, as its CEO.Read was also president of Victorinox Swiss Army and CEO of Victorinox Swiss Army Watch and has leadership experience with global brands such as Movado, Seiko, Citizen and Frederick Goldman."I see WD as a leading force...Read More
Botswana Diamonds, together with its associate Vutomi, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm, in Limpopo.Botswana Diamonds chairperson John Teeling indicated that partnering with EDC paved the way for commercial production to restart...Read More
Stellar result for PolarXSPONSOREDpolarxProject manager and 50.79% owner of TRQ, Rio Tinto, had flagged a cost blowout and delays to the US$5.3 billion underground expansion in July due to challenging ground conditions.Read More
Stellar result for PolarXSPONSOREDpolarxThe company said the accident involved a civil contractor at a surface cement batching plant.Ivanhoe said the Kamoa-Kakula project had gone more than 7.5 years without a lost-time injury and this was the first fatality.Stellar result for PolarXSPONSOREDpolarx"We are all deeply saddened by the tragic loss of life at the Kamoa-Kakula project and our thoughts a...Read More
Dear Rich Lifer,Think about the last five years...Can you recall an unexpected event that led to financial stain? Maybe a health crisis, layoff, leaky roof, or unexpected car repair.You're not alone. Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research.So it's no wonder the most common cause of money...Read More
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemes‘Bigger is better' is a phrase we often hear bandied about, but I'm not entirely sure from where it stems...Read More
The supervisory board of Russian diamond miner Alrosa has approved the acquisition of diamond polisher Kristall from the Russian Federation.Kristall, which processes more than 200 000 ct/y from feedstock supplied by Alrosa, is valued at 1.89-billion ruble.Advertisement"Despite the fact that Alrosa is currently a key supplier of rough diamonds to Kristall, it accounts for as little as&nbs...Read More