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

Dear Reader,Pop quiz: When you receive a paycheck, who do you pay first? If you're like most Americans, you're probably paying everyone else first - your rent/mortgage, groceries, utilities, car payment, insurance, etc.Once you're done paying all those bills, you stick whatever you have left (if anything) into savings - that's the classic "paying yourself last" scenario. Then you patiently await y...Read More

Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on.Dear Reader,Financial bubbles manifest three dynamics: The one we’re most familiar with is simple human greed, the desire to exploit a windfall an...Read More

The MV Happy Dragon had just sailed into safe harbour at Charleston, South Carolina when Hurricane Dorian forced the vessel back out to sea to await better weather.The cargo ship was carrying more than 14,000 tonnes of anorthosite from Vancouver-based Hudson Resources' (TSXV: HUD; US-OTC: HUDRF) White Mountain mine in Greenland for customers in the paints, coatings and fibreglass markets. Hudson h...Read More

Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for the year to 1 million metres - the largest drill program in Canada."When we started at Windfall back in 2015, it was a 50,000-metre program, which was large," John Burzynski, the company's president and CEO, tells The North...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 systemesThree Canadian potash mines operated by Nutrien, the world's biggest producer of the high-value fertiliser, are...Read More

Lse-listed Petra Diamonds achieved a solid operational performance for the financial year ended June 30, generating operating free cash flow of $70.5-million, despite a weaker market, and during the company’s transition from its expansionary capital expenditure (capex) phase towards steady-state production.Following a strategic review of the business, in the short term, the company remains f...Read More

I just returned from the 2019 Beaver Creek Precious Metals Summit.The conference was well attended, with attendance up over 30% and it was clear that capital that has been elsewhere - crypto, cannabis stocks, etc. - is now looking to position itself in the precious metals space. The sentiment was one of cautious optimism. The good news for you, the reader, is that despite a $1,500 gold price, mos...Read More

Brent has reopened for trading, and in the aftermath of Saturday's attack on theRead full newsRead More

The World Gold Council (WGC) on Thursday published a set of guidelines for gold ...Read full newsRead More

LONDON, Sept. 12, 2019 /CNW/ -- The World Gold Council, the market development organisation for the gold industry, has today announced the launch of its Res...Read full newsRead More

Graphite firm Armadale Capital (LSE:ACP) jumped11.45pc on Wednesday afterannouncing the beginning of critical downstream test-work aimed atadvancing offtake talks for its Mahenge Liandu project in Tanzania.The firm, currently trading at 1.95p, has expanded the definitive feasibility study (DFRead full newsRead More

(IDEX Online) - The World Gold Council (WGC), the market development organisation for the gold industry, has launched its Responsible Gold Mining Principles. The organization says these principles address key environmental, social and governance issues for the gold mining sector and act as a framework that sets out clear expectations for consumers, investors and the downstream gold supply chain as...Read More

(IDEX Online) - Namdeb Holdings, a joint venture between the government of the Republic of Namibia and De Beers, has sold its Elizabeth Bay Mine and associated marine assets to a member of the Lewcor Group. Namdeb shuttered the mine in September 2018. Following a review, the company concluded that the best way to ensure a future for the mine was to find an operator that could operate the mine in a...Read More

(IDEX Online News) - The news out of Surat, India's "Diamond City," is troubling, with reports of 250 diamond units there and across Gujarat having shut down in the past year. According to the Times of India, up to 40,000 workers have lost their jobs. Officers from the Gujarat Diamond Workers' Union (GDWU) met deputy chief minister Nitin Patel last week to demand financial help for the w...Read More

A coalition of investors released a report on Thursday that bashed gold mining executives for spending too much money on general expensesRead full newsRead More

The World Gold Council (WGC) on Thursday published a set of guidelines for gold ...Read full newsRead More

The World Gold Council (WGC) on Thursday published a set of guidelines for gold ...Read full newsRead More

LONDON, Sept. 12, 2019 /CNW/ -- The World Gold Council, the market development organisation for the gold industry, has today announced the launch of its Res...Read full newsRead More

"No one outside the specialist investors in this sector, of which I am one, anticipated this price move in the last three to four months and I think it caught the generalist investors off guard.Read More

We've all seen the commercials with the gray-haired couple sipping champagne on the beach or the grandfather teaching his grandkids how to fish at the lake house.But financially speaking, how realistic are these depictions of retirement?According to the latest Consumer Expenditure Survey, produced every year by the U.S. Bureau of Labor Statistics, "older households" - defined as those run by someo...Read More