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
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 systemesFittingly, circular-economy advocates refer to industries as having ‘value cycles,' not ‘value chai...Read More
Hundreds of thousands of youth around the globe protested last week against government and corporate inaction on the climate crisis.They congregated in cities on every continent - from Johannesburg to Nairobi, New York to San Francisco, Berlin to Warsaw, Lahore to New Delhi, Melbourne to Brisbane - making their voices heard in a world run by adults they say aren't doing nearly enough to curb green...Read More
Falco Resources' (TSXV: FPC) Horne 5 project contains 7 million oz. gold. It might contain just as many questions.Perhaps the biggest one is whether or not Falco will secure a fair operating agreement with Glencore (LON: GLEN), which operates the Horne smelter next-door, and essentially acts as a landlord on Falco's land package through various property agreements.Both parties met in July and agre...Read More
This episode features Miles Welch, manager of diamond secondary industry development, Government of Northwest Territories, who presented at The Northern Miner's annual Diamonds in Canada Symposium at the TMX Broadcast Centre, in Toronto, on June 20, 2019. Miles goes in-depth on the challenges of mining in the Northwest Territories, including its prohibitive costs and small workforce, and what the...Read More
The operation was suspended for security reasons in early August after an incident involving police where an unauthorised artisanal miner died and some equipment was damaged.Rosebel partially resumed operations four weeks ago and was expected to be fully ramped up in 30 days, IAMGOLD said.The company had last month reduced its 2019 attributable production guidance from 810,000-870,000 ounces to 76...Read More
Gold is back in a short-term bull mode with prices creeping up from $1,500 over the last three days of trading.As for the big picture? A lot could happen, sure, but it is looking good.The problems causing renewed interest in gold as a hedge and as a safe haven have no clear resolution.To sum it all up, five major trends are in place that are acting as bullish catalysts for gold trades. Combining t...Read More
Searchlight Resources Inc. (TSXV:SCLT) is pleased to announce that it has closed the first tranche of a private placement financing.Read full newsRead More
U.S. manufacturing data helped push the Dow into the blackThe Dow finished on a modestly high note today, closingin the black after trading on both sides of the aisle earlier in the day. The blue-chip index spent the morningin the red, down triple digits at its session lows amid global growth concerns stemming from weak data out of Europe. But the Dow ultimately drifted higher, propped up by upbea...Read More
Catalyst Pharmaceuticals and Plus Therapeutics are both trading toward the bottom of the Nasdaq Stocks have been trading on both sides of breakeven today as disappointing economic data out of Europe stoked fears of a slowing global economy. Three stocks in particular making moves today are healthcare names Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), Plus Therapeutics Inc (NASDAQ:PSTV), and Polarty...Read More
The U.K. travel firm declared bankruptcy earlier todayCarnival Corp (NYSE:CCL) is trading lower today, as travel stocks swoon on news of U.K. tour company Thomas Cook's collapse. CCL shares are down 1.9% to trade at $47.30 -- pacing for a fourth straight drop, and retreating from a historically bearish trendline -- and put traders are driving a busier-than-usual session in the stock's options pits...Read More
Guggenheim said Truly and White Claw dominate the hard seltzer marketBoston Beer Company Inc (NYSE:SAM) is trading up 3.7% today at $358.16, thanks to a bullish analyst update. Guggenheim boosted its price target on the security to $462 from $449, saying they expect the company's Truly hard seltzer sales to grow 160% in 2019 and another 85% in 2020, estimates the brokerage firm view as conservativ...Read More
Renforth Resources Inc. is pleased to advise shareholders that initial petrographic characterization has been completed on 23 thin-section samples.Read full newsRead More
Fidelity Minerals Corp. is pleased to announce the acquisition of a portfolio of projects including Las Brujas, Cerro el Bronce, and Porphyritic Copper.Read full newsRead More
Despite a volatile year, Amazon stock has added 32% over the past nine monthsOnline powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is sinking in afternoon trading, last seen down 0.8% at $1,779.59. However, the stock's recent pullback may be a buy signal for AMZN traders, as data from Schaeffer's Senior Quantitative Analyst Rocky White suggests the FAANG leader may be ready for its next surge higher....Read More
Renforth Resources Inc. reminds shareholders that Renforth has commissioned new technical reports for its New Alger and Parbec properties.Read full newsRead More
2019 Drill Program Results Will Form Part of the Company's Pre-Feasibility StudyDrill Program Follows Successful Funding to Advance PFS WorkCompany hosts Senator Murkowski at Graphite One Facility in Nome, AlaskaVancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announced today that it has commenced its 2019 Drilling Program (the "2019 Drilling Pro...Read More
Snap has accused Facebook of undermining business practices, according to reportsFacebook Inc (NASDAQ:FB) was slammed earlier, after a Wall Street Journal report (subscription required) said rival Snap (SNAP) came out with a list of ways in which the social media giant attempted to sabotage it. According to those familiar with the matter, Snap's dossier, titled Project Voldemort, highlights under...Read More
Nike has a mixed history of earnings reactionsEarly bird Nike Inc (NYSE:NKE) will get a jump-start on this fall's earnings season this week, set to report its fiscal first-quarter earnings tomorrow after the close, Sept. 24. Ahead of the event, NKE options traders have come out of the woodwork in larger-than-normal numbers, with some eyeing a post-earnings pullback from the apparel giant.Less tha...Read More
The Dow was down more than 100 points in early tradingThe Dow Jones Industrial Average (DJI) was down more than 100 points earlier, as disappointing eurozone and German factory data fanned fears of a slowing global economy. The blue-chip index has since erased these earlier losses, after IHS Markit's flash purchasing managers index (PMI) for U.S. manufacturing arrived at a better-than-expected 51...Read More
However, BB stock plummeted after the firm's last quarterly reportBlackBerry Ltd (NYSE:BB) will report fiscal-year earnings ahead of the bell tomorrow. Prior to the announcement, options traders are betting bullishly on the smartphone provider, with BB options flying off the shelves at an accelerated clip today.BlackBerry stock fell 8.8% the session after the company reported earnings in late June...Read More