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 Africa and Australia focused contractor increased NPAT 23% in FY19, a year in which it consolidated the A$270 million acquisition of underground hard-rock mining contractor Barminco, on revenueRead More
Je suis d?(C)sol?(C) mais j'ai pes?(C) sur << envoi >> au lieu de << coller >> et le courriel est parti. K.C., sur le courriel que tu viens de recevoir avant celui-ci, tu peux voir en action le pattern que j'appelle un half-way et dont je t'ai parl?(C) quelques fois. Quand tu es sur son chemin, c'est comme si tu ?(C)tais assis sur un rail quand le train passe : tu es mort. Pas moyen d'arr??te...Read More
Quoting an official source, the Xinhua news agency reported that Angola started will be running its first roadshow for the acquisition of rights for prospection and exploitation of diamond, iron and phosphate in the country, in which countries and regions including Brazil and South Africa are taking part in the maiden event taking place in Luanda. Reportedly, the Angolan government decided roadsho...Read More
A sample page of the Gem Color Academy's Colored Stone Grading Course Notes, which can be consulted online. Gemewizard, a leading provider of digital solutions for the analysis, description, pricing and trading of color in gemstones and colored diamonds, has inaugurated the Gem Color Academy, its online educational arm that will provide professional-level knowledge and experience for t...Read More
The Bonas brokerage firm will hold its fourth colored gemstone auction Traditionally a diamond tender house, the company will present about 500 lots of colored gemstones at the Hong Kong SkyCity Marriott Hotel from Saturday, September 14, to Wednesday, September 18, 2019, parallel to the September Hong Kong Gem and Jewellery Fair. The exclusive tender features approximately 500 lots of rubies and...Read More
Dear Richer Lifer,The first few days of retirement are invigorating and strange. Should you set an alarm? Should you get to the gym early, or sleep in and enjoy a few days of extra rest?Your schedule is fluid and you find yourself relishing all the extra time on your hands. Want to go play golf mid-morning? Sounds great. Have lunch at 3pm? Sure, why not! That hobby you have been wanting to pursue?...Read More
Sable Resources (TSXV: SAE) says agreements potentially worth up to $12.6 million with Osisko Gold Royalties (TSX: OR) will finance exploration across its projects for the next four years.Osisko is taking a 9.86% stake for $2.08 million in the junior grassroots explorer - acquiring 16 million units at 13 ? per unit - a 12% premium to Sable's 30-day, volume-weighted average price per share.Each uni...Read More
Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals' (TSX: HZM; AIM: HZM) Araguaia project in Brazil, one of the largest undeveloped ferro-nickel projects in the world.The royalty applies only to the first 426,429 tonnes of contained nickel within the final ferronickel product that will be produced and sold from the project, which lies sou...Read More
Mineral companies large and small are active throughout Mexico. Precious metals remain the target of choice for explorers, developers and mine operators alike. Here are eight firms advancing assets in Mexico.Excellon ResourcesUnderground drilling in the Platosa mine. Credit: Excellon Resources.In central Mexico's Durango state, Excellon Resources (TSX: EXN) owns and operates the La Platosa undergr...Read More
We know that in September, we will wander through the warm winds of summer's wreckage. We will welcome summer's ghost.- Henry RollinsAh, the end of summer...Thank God I no longer have to worry about such dreadful things like enjoying lovely weather, going to the pool, or taking extended vacations. Oh, the horror!All kidding aside, as a cannabis investor, I am legitimately looking forward to the en...Read More
Noble Mineral Exploration Inc. (Read full newsRead More
Stocks are mostly higher in early trading on Wall Street Wednesday as gains in health care and other sectors outweighed losses in technology companies. Investors continued to shift money into U.S. government bonds, driving long-term bond yields further below short-term ones. The so-called inversion of the U.S. yield curve is a rare phenomenon that has ...Read full newsRead More
Oil prices propped up the entire energy sectorStocks had a strong showing today thanks to tailwinds out of the energy and retail sectors. Oil names got a boost from a bullish crude inventories update, while the latter group was seemingly boosted by earnings win for several retailers, including Tiffany (TIF). The Dow and S&P cruised to easy wins despite more concerns around the inverted yield curve...Read More
Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation...Read full newsRead More
Plus, CSIQ stock is higher after the firm secured funding for solar projectsThe U.S. stock market has flipped higher, led by a surge in energy stocks. Among individual stocks making volatile moves are Chinese names Luokung Technology Corp (NASDAQ:LKCO) and MDJM Ltd (NASDAQ:MDJH), as well as alternative energy issue Canadian Solar Inc. (NASDAQ:CSIQ). Here's a quick look at what's moving the shares...Read More
Traders could be betting on a floor for software ETF IGVDigging into today's options trading activity, two names seeing unusual volumes are the iShares Expanded Tech-Software Sector ETF (BATS:IGV) and Fitbit Inc (NYSE:FIT). Here's a breakdown of the trading on IGV and FIT. Starting with software sector exchange-traded fund (ETF) IGV, pressure from Autodesk (ADSK) has the security down 1.3% at $212...Read More
A few weeks after going public, multistate cannabis and hemp operator Jushi Holdings Inc (OTC: JSHHF) said Friday that it was selected to move forward in the merit-based...Read full newsRead More
News that Kazakhstan intends to extend production reductions through 2021 sparked a return to buying interest in both the spot and term uranium markets last week.Read full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide an update on its recently completed summer drilling program on the Hurricane zone at the Larocque East property. Highlights include assay results from drill hole LE19-18C1, intersections of strong radioactivity in LE19-28 and LE19-29, plus the intersection of mineralization on an aggressive 250m step-out to the...Read More
Mining stocks have outperformed lately as gold prices surgeAs fears of a global recession rumble, gold prices have soared. Looking at an internal scorecard compiled by Schaeffer's Senior Quantitative Analyst Rocky White, 76% of the 37 stocks we track under the "mining" umbrella were above their 80-day moving average heading into today. More specifically, Barrick Gold Corp (NYSE:GOLD) and Alamos G...Read More