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 Antwerp World Diamond Centre (AWDC) has thrown its weight behind the prestigious International Film Festival Antwerpen (IFFA) in the latter's quest for additional sponsors for the festival's first edition. The IFFA is scheduled to take place from March 10-15, 2020, various theaters throughout the city and in the Elizabeth Hall, adjacent to Antwerp's Diamond Quarter.  Quoti...Read More

An earlier edition of a Diamond Week at the DDC.   This week, the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), hosted over 50 exhibitors and several hundred buyers at its tenth India Diamond Week on the DDC's state-of-the-art trading floor at the International Gem Tower in Manhattan. The DDC leadership said that wi...Read More

The Gem & Jewellery Export Promotion Council (GJEPC), the Antwerp World Diamond Centre (AWDC) and the Israel Diamond Institute (IDI) drafted and sent a joint letter to Celine Lau, director of Jewellery Fairs at Informa Markets, the firm that runs the Hong Kong Gem & Jewellery Fair that will take place in the second half of September, asking Lau to postpone the show. The joint letter sent b...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe company said EBITDA of US$1.3 billion for the first half of 2019 was struck on 19.1% highe...Read More

Dear Rich Lifer,Over the weekend, I shared some of the pros and cons of buying a vacation home.Not only do you need to be able to cover the upfront costs of buying a second home, you also have ongoing yearly expenses to cover as well.And unless you intend on renting out the property for a good chunk of the year, forget about seeing a significant return on your investment.But, a few readers asked i...Read More

Three years into exploring the Las Chispas district in Sonora, Mexico, SilverCrest Metals' (TSXV: SIL; NYSE-AM: SILV) Las Chispas project is picking up speed. The company secured financing shortly after Mexico's environment ministry gave SilverCrest the green light to develop the project.The Las Chispas property consists of 28 concessions totalling 14 square kilometres. The project is located 180...Read More

The Northern Miner is proud to offer its first academic scholarship as part of the Young Mining Professionals Toronto branch (YMP) scholarship program.The Northern Miner joins fellow partners Barrick Gold, Agnico Eagle Mines, IAMGOLD, Yamana Gold, Anaconda Mining and Orefinders Resources to fund a series of $1,000 to $10,000 scholarships totalling $44,000 for Canadian university students (undergra...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe switch by car manufacturers to more planet- friendly electric powered vehicles opens new o...Read More

Capacity swaps were introduced in 2013, allowing the building of new plants to replace existing plants' capacity by an equal or lower amount within the same company or between groups of companies. The policies were the result of the Chinese government working to curb domestic aluminium capacity.Fitch estimates more than seven-million tonnes of capacity quotas have changed hands from the start of t...Read More

Prospecting licences held by dual-listed Botswana Diamonds subsidiary Sunland Minerals have been renewed until September 20, 2021.The licences, which cover just over 500 km2, are located in the Kalahari Desert, west of the Ghaghoo diamond mine.AdvertisementBotswana Diamonds on Thursday confirmed that it had already identified prospective drill-ready targets through intensive work including aeromag...Read More

Pop quiz, hot shot: here are three simple questions that every human should be able to answer honestly.Your investment future may even depend on it.Annnnnd, here we go: 1) Do you eat food?If so, did you measure commodities prices for corn before your weekend Bar-B-Que?2) Do you own a shirt?If so, did you check the cotton futures before you buttoned it up?3) Do you have a car?If so, did you resear...Read More

The "jet-like speed, highly efficient fuel consumption and low carbon emissions" of the 76-seat Q400 Q Series turboprop is expected by the company to give it an edge in one of the world's biggest FIFO markets, servicing current and new passenger operations in regional and remote locations.Cobham CEO Ryan Both said: "Cobham customers invest significantly and often in new technology at their mine si...Read More

US president Donald Trump this week postponed a meeting with Denmark prime minister Mette Frederiksen after hearing she had no interest in discussing the idea of the US purchasing Greenland.The US has become "quite active" in Greenland, Hudson president Jim Cambon noted earlier this month, as issues around Arctic sovereignty and strategic mineral resources come to the forefront.He said Hudson had...Read More

According to ASX and JSE-listed Orion's BFS, the project has an NPV post-tax of A$408 million (using an 8% discount rate), and an IRR of 33%, while payback occurs 2.9 years from first production. Peak funding was estimated at A$378 million. Orion has a 70% stake in the project with BEE companies holding 20%."We are showing a compelling investment case to establish a financially robust mine with an...Read More

EXMceuticals Inc. (CNSX:EXM) is a medicinal cannabis company with plans to become the largest volume, lowest-cost producer of cannabidiol (CBD) in the world.Read full newsRead More

The retail sector was a pillar of strength todayThe Dow posted a strong upside move today, making up yesterday's losses and then some. Driven by impressive earnings out of Lowe's (LOW) and Target (TGT), the retail sector shined, while there was broad strength in tech, as well. Investors also monitored updates on the economic front, including positive home sales numbers and the Fed's July meeting m...Read More

The LED specialist forecast a current-quarter loss on Huawei headwindsThe U.S. stock market is soaring today on a round of strong retail earnings. Among individual names making notable moves are LED specialist Cree, Inc. (NASDAQ:CREE), retailer Childrens Place Inc (NASDAQ:PLCE), and media firm MSG Networks Inc (NYSE:MSGN). Here's a quick look at what's moving the shares of CREE, PLCE, and MSG.Cree...Read More

The stock is flashing a bullish signal before earnings next week Big gains in the retail sector have helped lift department store stock Burlington Stores Inc (NYSE:BURL). The equity has added 1.6% to trade at $171.63 so far today. This boost comes just ahead of the company's second-quarter earnings, due out before the open next Thursday, Aug. 29. What's more, BURL stock just flashed a historical b...Read More

Breaking down a long straddle on USOAhead of today's weekly crude inventories report, which showed a bigger-than-expected drop in domestic oil supplies, one options trader placed a big bet on the United States Oil Fund (USO). Specifically, it looks like the investor forked over seven figures to speculate on a massive move for the oil exchange-traded fund (ETF) by January.At last check, USO has see...Read More

The retail sector has struggled in the past yearIt's been a rough stretch for the retail sector, with the SPDR S&P Retail ETF (XRT) logging a 25.4% year-over-year deficit, last seen at $39.16. Plus, looking at an internal scorecard compiled by Schaeffer's Senior Quantitative Analyst Rocky White, only 34% of the 85 stocks we track under the "general retailers" umbrella were above their 80-day movin...Read More