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

Sundial Growers went public earlier this monthWeed producer Sundial Growers Inc (NASDAQ:SNDL) is shooting higher this morning, already up 1.1%, at $9.75. Behind the surge is Cowen and Company, which initiated coverage with an "outperform" rating and $20 price target. The firm said the company has "displayed evidence of responsible corporate spending," referring to its break-even second-quarter. C...Read More

Piper Jaffray downgraded the stock to "underweight" Lighting manufacturer Cree, Inc. (NASDAQ:CREE) is sinking today, after Piper Jaffray issued a bear note. The analyst downgraded the stock to "underweight" from "neutral," and slashed its price target to $38 from $57, citing the firm's quarterly guidance due to the recent Huawei ban. The stock has lost 2.6% so far to trade at $45.90. If this nega...Read More

President Trump said the U.S. and China are "getting back to the table" Dow Jones Industrial Average (DJI) futures are pointed confidently higher this morning -- with the blue-chip index eyeing a 250-point open -- as Wall Street cheers fresh optimism over U.S.-China trade talks. On Sunday, President Donald Trump said the two countries are "getting back to the table," and are serious about making...Read More

Gold Canyon Property Includes 26 Unpatented Mining Claims of a Past Operating Gold Mine That Produced 41,000 Ounces Vancouver, British Columbia--(Newsfile Corp. - August 20, 2019) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQB: ELYGF) (Read full newsRead More

Is Dr. Copper diagnosing a stock market crash?The following is a reprint of the market commentary from the September 2019 edition of The Option Advisor, published on August 23. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Conventional investing wisdom has long held that copper, the humble base metal, has predicti...Read More

A retest of the recent S&P lows and VIX highs could be in the short-term cards"Trade headlines continue to captivate market participants, with the market reacting to the various punches and counter-punches between President Donald Trump and China..."At last Monday's close, the VIX was at 24.59, or roughly double its 2019 closing low, and, in fact, doubling from the July 26 close of 12.16. I stated...Read More

A zero-cost collar is a strategy to protect against losses by purchasing put options and selling call options such that there is no net cost to the producer.Read More

The company declared a fully franked final dividend of A24c per share, taking total FY19 dividends to $1.14 per share, equating to 78% of net profit after tax.Read More

An exceptionally rare and highly important pale greyish-green jade carving of a dragon head, Tang dynasty (AD 618-907), 16.5 cm long, estimated to sell for $2.5 to $3.5 million,  is offered in the Important Chinese Ceramics and Works of Art auction of September 13, at Christie's in New York This pale greyish-green jade dragon head comes to auction at Christie's in New York from the...Read More

Miranda Hollingshead wasn't going to search for diamonds - she only wanted to know HOW to find them. She still ended up leaving with a 3.72-carat rough stone. Hollingshead, of Bogata, Texas, visited Arkansas's Crater of Diamonds State Park for the first time. But according to Hollingshead, that wasn't her original plan. "I was just going to pick up a transmission that day, but my s...Read More

The World Diamond Council published a report, written by WGC Research Manager Ray Jia, that during the past five years, Chinese retail jewelers have seen their profit drop. Some retailers have even seen net profits shrinking over the period. Most of them have made efforts to address this by introducing high-margin and innovative products "such as 3D-hard gold and "5G" gold." Jia noted that in rece...Read More

Ernest Blom, president of the World Federation of Diamond Bourses (WFDB) said the issue of lab-grown diamonds (LGD) would - once again - be on the agenda of the event, with a panel discussion featuring industry experts. "What distinguishes natural diamonds from lab-created diamonds, apart from the whole love element, is that natural diamonds are a non-renewable source," Blom says. "The supply...Read More

The Antwerp World Diamond Centre (AWDC) will open its doors on the Industry Open Company Day organized by the Flanders' Chambers of Commerce. On this day, in Flanders, hundreds of companies open their doors to the public, enabling it to take a look behind the scenes visit. At the AWDC, visitors will help diamond enthusiasts discover the fascinating world of diamonds and teach them how to buy...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaPeel cracks Cobar codeSPONSOREDpeel miningThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningHowever the pair have terminated the letter of intent relating to EAM's nearby majority-owned Harvest project containing the Terakimti gold heap leach projec...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe United States Bureau of Land Management has completed the DEIS for the Ambler Mining District Industrial Access project, with public comments on the proposed access road accepted until October 14.The permitting process has been five years in the making for the company. Quality emerges at Galan's blue-chip lithium...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel mining"Recent exploration by AWX within a recently identified Miocene porphyry copper-gold belt on northern Vancouver Island has resulted in the discovery of a sig...Read More

Dear Rich Lifer,We're coming to the tail end of summer. For some that means the long awaited start of Autumn. For others of us, it means that it's time to think about heading to a more tropical destination. I want to shine some light on common travel myths that are likely costing you more money than you think.According to travel research app Hopper, domestic flight prices have a tendency to rise t...Read More

Dear Reader,Wall Street is a scam.I've said it probably a thousand times. It's something I know from experience. Over the past 15-plus years, I've tried just about every investing strategy in existence.I've run a hedge fund that was successful. I ran a fund of hedge funds, which means I've probably analyzed the track records and strategies of about 1,000 different hedge funds.I've written several...Read More

First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill in Western Australia, but on a second-quarter earnings call, the company's CEO, Philip Pascall, was intentionally vague about who that buyer might be.Pascall cited increasing interest from a "not Congo source" that...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaPeel cracks Cobar codeSPONSOREDpeel miningThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningIn current financial market conditions, it is copper and gold which are earning the headlines.Read More