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
The Canadian Environmental Assessment Agency has given Treasury Metals (TSX: TML; US-OTC: TSRMF) the green light to develop its wholly owned Goliath gold project, 20 km east of Dryden in northwestern Ontario.Greg Ferron, CEO of Treasury Metals, says the environmental assessment approval is a "milestone," and comes after five years of working with the government, Indigenous groups and other stakeho...Read More
Indonesia has confirmed it will ban exports of nickel ore from January 2020 - two years earlier than expected.The Southeast Asian nation is the world's largest nickel ore producer, and the news unleashed a torrent of speculation about supply shortages. Three-month nickel contracts on the London Metal Exchange (LME) surged as high as US$18,850 per tonne - a five-year peak - on Sept. 2.While 70% of...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"SPONSOREDMixing medical metaphors with metals and mining might seem messy but it is a useful way of demonstrating...Read More
MOSCOW – Russia's Alrosa is talking to several global jewellery retailers about jointly marketing the miner's jewellery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.Diamond miners, which have long excelled at marketing, are seeking new approaches to battle falling demand and competition from diamonds manufactured in laboratories.Adv...Read More
The gold bull market is one that I believe will go down in the history books.Those of us who speculate in the space and toughed out the bear market will look coherent again when the reality is - as a mentor of mine likes to point out - that in a bull market, a monkey could pick 10 stocks and do relatively well. I'd like to think at the very least the monkey would be a bonobo, but I digress. Monk...Read More
LEAD | The remaining life of the only large-scale, active gold mine in the Black Hills is estimated to be seven years, so its owner plans to drill 125 holesRead full newsRead More
Canadian miner Eldorado Gold Corp on Tuesday said it has received installation p...Read full newsRead More
Weir Group chief executive officer Jon Stanton described the Scotland-headquartered company's "largest-ever individual mining order" as a landmark deal."Fortescue challenged us to help create one of the most energy and cost-efficient magnetite ore processing facilities in the world," Stanton said."Our engineers have worked relentlessly to design a solution that is truly innovative - delivering sig...Read More
Yesterday, I talked about income properties and how you can get started with investing in real estate. If you are looking to start flipping houses, or if you are looking to sell your current home and downsize, it's important to know what will help get your house sold as quickly as possible, and get you the best price for your property.Now, if you aren't flipping a house as an investment and you're...Read More
Publisher's Note: Mr. James Dines is widely known as the "original goldbug" and we're turning to him today for a look at the fundamental forces at play behind the latest rise in gold and silver.Read on for an excerpt from the latest issue of The Dines Letter and hear from him about what he's calling a "Super Major Bull Market."To Your Wealth,Nick HodgeExperience is the worst teacher; it gives th...Read More
The Amazonification of America is accelerating, in the process destroying the legacy brick and mortar sector, which peaked in Jan 2017, and has lost jobs for 7 consecutive months.Read full newsRead More
Powell's upbeat comments eased investor concernsThe Dow wrapped up its third straight win todayfollowing early afternoon comments from Fed Chair Jerome Powell. Speaking at a moderated discussion in Switzerland, Powell said this morning's August jobs report showed a "strong labor market," but said the central bank is monitoring "significant risks" to the economy -- including U.S.-China trade uncert...Read More
Talisker Resources Ltd. (Read full newsRead More
The Dow is pacing for another weekly winStocks had an excellent few days, with the major indexes pacing for strong weekly wins thanks to upbeat trade headlines, even though new tariffs went into effect over the long weekend. Investors applauded news that U.S. and China trade representatives will meet next month, and this news seems to be enough to send the Dow Jones Industrial Average (DJI) on its...Read More
Directors' salaries should be based on ESG, delegates at the Future of Mining have heard.Read full newsRead More
Both names lifted their annual forecasts and reported quarterly beatsStocks are slightly higher, as traders digest an earlier speech from Fed Chair Jerome Powell, who said the central bank will monitor "significant risks," and "continue to act as appropriate to sustain this expansion." Two specific stocks headed higher are shoe retailers Genesco Inc. (NYSE:GCO) and Zumiez Inc. (NASDAQ:ZUMZ). Below...Read More
Ctrip.com stock has a mixed history of earnings reactionsThe shares of Ctrip.Com International Ltd (NASDAQ:CTRP) are up 1.5% this afternoon at $34.66. The online travel site is slated to report earnings after the market closes this Monday, Sept. 9. Below, we will take a look as to how the stock has been faring on the charts, as well as what the options market is pricing in for the equity's post-ea...Read More
Canadian miner Eldorado Gold Corp on Tuesday said it has received installation p...Read full newsRead More
The brokerage firm said K is "the most compelling value left in snacks"Goldman Sachs is bullish on Kellogg Company (NYSE:K). The brokerage firm late Thursday upgraded the food stock to "buy" from "neutral," and boosted its price target by $14 to a Street-high $72, according to Refinitiv. The brokerage firm called K stock "the most compelling value left in snacks," and said new players like Beyond...Read More
Stocks aren't really breaking out, howeverThe Dow Jones Industrial Average (DJI) is trading cautiously higher today, as Wall Street considers this morning's jobs report for August. The tepid trading could also be due to the upcoming talk from Fed Chair Jerome Powell, as investors look for hints to potential changes in monetary policy. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also t...Read More