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
(IDEX Online) - DRC Techno, a company focused on diamond identification technology, has added the J-Mini and the J-Detect 9000 to its growing inventory of lab-grown diamond technology. The J-Mini is designed for over-the-counter use while J-Detect 9000 is made for larger applications. Both machines make identification conclusions based on a diamond's phosphorescent and photoluminescent proper...Read More
JOHANNESBURG – South African mining output increased for the first time in nine months in July as coal and iron-ore production surged.Mining production rose 2.4% from a year earlier compared with a revised 4.1% decline in June, Pretoria-based Statistics South Africa said in a report on its website Thursday. The median estimate of five economists in a Bloomberg survey was for a 1% increase.Ad...Read More
Aim-listed Botswana Diamonds’ associate, Vutomi, has been granted an environmental authorisation over a substantial portion of the residual diamond-bearing gravels produced from the high-grade Marsfontein mine, which is contiguous to the Thorny River operation, in South Africa’s Limpopo province.In a statement on Thursday, Botswana Diamonds highlighted that this authorisation was a cri...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 minerals"He has changed a lot of the rules, released a lot of permits"SPONSOREDAs the market regained interest in gold, at the expense of early stage copper-zinc plays, Aston Bay late...Read More
Stellar result for PolarXSPONSOREDpolarxLast week, long-time Trilogy CEO Rick Van Nieuwenhuyse stepped down for personal reasons and Jim Gowans was appointed as interim CEO.Read More
When the "Queen of Soul" Aretha Franklin died last year, it was believed that she hadn't prepared any kind of estate plan, including a last will and testament.But, a few months ago, three handwritten wills were found in her home near Detroit. Two were in a locked closet and one was stuffed beneath the cushions of a couch!If you're wondering whether the handwritten wills are valid, join the crowd.I...Read More
Teranga Gold's (TSX: TGZ; US-OTC: TGCDF) Wahgnion open-pit gold mine in Burkina Faso started processing ore in August, two months ahead of schedule, and is expected to produce 30,000 to 40,000 oz. gold in 2019.The company poured about 1,700 oz. during commissioning in August.Throughput and grade will continue to ramp up as it continues to work the commissioning process, the company says.During th...Read More
The following is an edited summary from the World Gold Council, based on its "Gold Demand Trends Q2 2019" report. To access the report, visit www.gold.org.Global gold demand grew to 1,123 tonnes in this year's second quarter - an 8% rise on the same period last year, according to the World Gold Council's latest Gold Demand Trends report. Continued central bank buying and sustained growth in gold-b...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 minerals"He has changed a lot of the rules, released a lot of permits"SPONSOREDIron ore prices rose nearly 80% through the first half of 2019, helping the S&P/ASX 200 resources sh...Read More
Stellar result for PolarXSPONSOREDpolarx"The deepest hole we drilled in the oxides was about 500m deep and earlier this year we drilled a 1,025m hole that was all mineralized.Read More
"I can even see a situation where gold could break $3,000 or higher.Read More
Two out of three Americans say marijuana ought to be legalized.Ten states - Washington, Colorado, California, Nevada, Alaska, Oregon, Maine, Michigan, Massachusetts, Vermont - and the District of Columbia have already ended the archaic and unsuccessful prohibition on the drug entirely. And dozens more allow its medical use.As a result, 66 senators now represent states where federal marijuana laws...Read More
Wall Street's "fear gauge" closed at its lowest point since late JulyThe Dow cruised to a sixth straight win today, its longest winning streak since early June. Thanks to outsized gains from Apple (AAPL) and the latest trade tailwinds, the blue-chip index spent nearly the entire day in the black, and closed above the 27,000 level for the first time since July 30. The S&P 500 and Nasdaq also earne...Read More
The third annual International Cannabis Business Conference is coming to Vancouver this month, to connect Canadian cannabis companies, experts, and those looking to enter the field. Not only is the conference an opportunity to network with over 1,500 of the world's top leaders in the emerging industry, it's also a chance to hear from a lineup of incredible speakers talking about their experience...Read More
A prominent IQ trendline could spell trouble for this rallyThe shares of Chinese video name IQIYI Inc (NASDAQ:IQ) are gaining today, last seen 6.6% higher at $19.25. However, the stock again found trouble at its 200-day moving average, a trendline we identified last month as former resistance. Even with this potential roadblock on the charts, IQ options traders are targeting calls at a rapid pace....Read More
Both names are trading near historical support at their 140-day trendlinesThe shares of Abbott Laboratories (NYSE:ABT) are up 25% year-over-year, thanks to several sharp bounces off their 140-day moving average. ABT stock is once again bouncing from this rising trendline following a short-lived pullback from its late-July record peak at $88.76 -- last seen up 1.2% at $84.24 -- and history suggests...Read More
Francesca's and Lovesac are in rally mode after their latest quarterly reportsStocks are making modest gains after Apple's (AAPL) product unveiling earlier today helped boost the tech sector. Three stocks making big moves today are retailer Francesca's Holdings Corp (NASDAQ:FRAN), drugmaker Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX), and bean bag specialist Lovesac Co (NASDAQ:LOVE). Below, we'll...Read More
These gold stocks are among the best investments in the sector.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an additional purchase order from its first US customer to equip their fleet of yellow school buses with its Uniden (R) UV350, bringing the total order to over $1MM. Furthermore, the county will begin trialing the UV350 in additional first responder vertic...Read More
This would be a 6th straight win for the DowU.S. stocks are pushing higher today, putting the Dow Jones Industrial Average (DJI) on pace for a sixth straight win. The gains come after China released a list of U.S. goods that would be exempt from tariffs, while Wall Street is also reacting to President Donald Trump's tweets about interest rates and the Fed. The tech sector is one prominent area of...Read More