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
Stellar result for PolarXSPONSOREDpolarxThe company has completed 8,000m of a 25,000m drilling programme with the aim to continue to grow the deposit, and with C$5 million in the bank and four drill rigs turning at a $20 million annual burn-rate, will look to finance before year end. "We are evaluating different pathways such as a strategic investor, which could come in at a premium without paying...Read More
IronRidge derisks through diverse discoveries SPONSOREDironridge resources Palmer told Mining Journal sister title Read More
A loaf of bread in 1913 cost just over 5 cents. Eggs would set you back 37 cents a dozen. And a gallon of milk 35 cents.Grocery prices today are a bit different…A dozen eggs will run you $1-2. A loaf of bread costs on average $2.50. And a gallon of milk is around $3.10.While the average price of food has climbed over the past 100 years, Americans are actually spending far less on groceries t...Read More
Tim Marsh likes to say that it took 150 drill holes to hit the high-grade core of the massive Oyu Tolgoi copper-gold porphyry deposit that made the Mongolian discovery economic.That's one of the reasons why the junior exploration company he leads - Bell Copper (TSXV: BCU) - has named its copper-porphyry project Perseverance.Since 2007, the mining executive, who has a PhD in geology from Stanford U...Read More
A preliminary economic assessment (PEA) of Integra Resources' (TSXV: ITR; US-OTC: IRRZF) DeLamar project in southwestern Idaho envisions a ten-year mining operation producing an average of 124,000 gold-equivalent oz. per year.The junior completed the study in just 24 months after acquiring the project from Kinross Gold (TSX: K; NYSE: KGC) in 2017. At the time of the sale, the project lacked a reso...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 systemesThe format this took was to lay out our view of where the industry was currently, before projecting where it mi...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 systemesOne of the joys of being an analyst and banker is not having to do any of the stuff that I constantly criticise...Read More
Canada-based miner Lucara Diamond Corp has recovered a 123 ct gem-quality top white Type II diamond at its Karowe mine, in Botswana.The diamond was recovered from direct milling ore sourced from the eastern magmatic/pyroclastic kimberlite (EM/PK(S)) unit of the South Lobe. AdvertisementThe EM/PK(S) has also delivered several other high-value diamonds, including the 1 109 ct Lesedi La Rona, th...Read More
Everything is so right in the world...That the Fed just cut interest rates again today. It's the only major central bank with any wiggle room to do so. A year ago, things were so good they were predicting rate increases.They're so right that the European Central Bank already has rates in negative territory and cut further to -0.5% while reinstating its bond purchasing program last week. It admitte...Read More
Fears 6-year price highs will stoke repeat of previous boom's doomed investmentsRead full newsRead More
Fears 6-year price highs will stoke repeat of previous boom's doomed investmentsRead full newsRead More
Inability of gold and silver to rise yesterday, in my view was just profit taking and nothing else. Most of the traders were long or are long before the FOMC tomorrow. So basically zero effect on intraday price move. However gold and silver have risen in all currencies except the US dollar. Gold prices rose in Indian rupees and other Asian currencies. Another reason to short the US dollar Index...Read More
Inability of gold and silver to rise yesterday, in my view was just profit taking and nothing else. Most of the traders were long or are long before the FOMC tomorrow. So basically zero effect on intraday price move. However gold and silver have risen in all currencies except the US dollar. Gold prices rose in Indian rupees and other Asian currencies. Another reason to short the US dollar Index...Read More
Monarch Gold Starts Diamond Drilling Program on its McKenzie Break PropertyRead full newsRead More
Investors should instead try investing in companies that focus on disruptive technologies.Read full newsRead More
The Fed meeting will wrap up tomorrowThe Dow muscled higher by the close, erasing earlier losses in afternoon trading. The S&P 500 and Nasdaq eked out wins, too, thanks to trade tailwinds, with U.S. President Donald Trump telling reporters aboard Air Force One that a deal with China could potentially come soon. After yesterday's historic gain, oil prices pulled back today after Saudi Arabia's ener...Read More
The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Sept.17, 2019(GLOBE...Read full newsRead More
Hindenburg Research called BE an "obvious bankruptcy candidate"Bloom Energy Corp (NYSE:BE) stock is spiraling today, after Hindenburg Research issued a scathing report on the solid oxide fuel cell specialist. The short seller called BE an "obvious bankruptcy candidate," and said the firm will likely "wind up in the history books alongside failed companies like Theranos or Solyndra."In its note, Hi...Read More
Silver Spruce Resources Inc. is pleased to announce that it has received approval of its Informe Preventivo.Read full newsRead More