The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
By Harshith Aranya3 Min Read* Gold down nearly 1.2% so far this week* Palladium on track for third weekly gain* SPDR Gold holdings up by about 27 tonnes this month (Updates prices)Aug 23 (Reuters) - Gold eased on Friday and was set for its worst week in nearly five months, as lack of clarity from the U.S. Federal Reserve on the outlook for interest rate cuts triggered investors to cash in some gai...Read More
Gold Fields appointed Macquarie Capital to sell the stake via an underwritten bookbuild after market close yesterday. The 87.1 million shares sold for A$1.45 each for proceeds of $126.3 million.Read More
It's why the diffidence that usually characterises his market outings was replaced at this week's profit briefing with a sense of glee.Read More
The company, which has reported an 82% year-on-year increase in net profit to US$5.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 miningIt's why the diffidence that usually characterises his market outings was replaced at this week's profit briefing with a sense of glee.Read More
Global mining companies operating in Mexico are working with the country's mining chamber, Camimex, to determine the impact of Mexico's President Andres Manuel Lopez Obrador's statement earlier this month that no new mining concessions will be handed out in the country.President Lopez Obrador said that his government will "keep the current concessions and not hand out new concessions, because they...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 miningAt the peak of the commodity-price cycle in 2010-2012, when most global miners invested in digital technologies such as autonomous haulage or remote operatio...Read More
Mounting challenges at its wholly owned Campo Morado zinc mine in Guerrero state, Mexico, has prompted Telson Mining (TSXV: TSN) to put the operation on care and maintenance, and devote its resources to getting the Tahuehueto gold operation in Durango state into commercial production.Telson recently announced its decision to indefinitely curtail operations at Campo Morado, citing both security and...Read More
Amani Gold fires up ambitious growth moves in CongoSPONSOREDamani goldThe initial focus has been drilling into each vein to determine the extent of the district and to generate a prioritised inventory for subsequent systematic drilling. Drilling highlights included 3.8m grading 415 grams per tonne silver, 2.68g/t gold, 1.37% copper, 6.20% lead and 9.19% zinc, or 1,430g/t silver-equivalent."Our sys...Read More
You've probably heard of MS-13, the notoriously violent street gang.President Trump mentions them frequently when touting his hardline immigration policies.Their brutality is legend. They'll wipe out whole families in a single attack. Buses full of passengers from the wrong parts of town have been burned in broad daylight.And while most of their victims are confined to Central America, MS-13 has i...Read More
Gemstone miner Gemfields’ latest auction of commercial-quality emeralds, held in Lusaka this week, attracted a record number of international buyers.The auction of 35 schedules of emeralds recovered from the Kagem mine, in which London-based Gemfields holds 75% and the Zambian government 25% through the Industrial Development Corporation (IDC), for the first time attracted Chinese buyers, in...Read More
No affect in gold and silver price after the FOMC minutes. Traders are still hooked to US-China trade relations, slowdown and central banks bunking US dollar. Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts. In my view, Trump will start a currency war by forcing Federal...Read More
No affect in gold and silver price after the FOMC minutes. Traders are still hooked to US-China trade relations, slowdown and central banks bunking US dollar. Federal Reserve policymakers were deeply divided over whether to cut interest rates last month but were united in wanting to signal they were not on a preset path to more cuts. In my view, Trump will start a currency war by forcing Federal...Read More
Regional Fed presidents don't currently see the need for more rate cutsStocks seesawed today, trading on both sides of breakeven, with investors mostly monitoring updates from the Jackson Hole symposium. With Fed Chair Jerome Powell due to speak tomorrow, multiple regional Fed presidents said they don't see the need for more rate cuts at the moment. Traders also reacted to another brief inversion...Read More
We recommended the August 75 call in late MaySubscribers to Schaeffer's PowerTrend options recommendation service just scored a 244% profit on the Starbucks Corporation (NASDAQ:SBUX) August 75 call. Below, we'll explain why we expected an outsized move for SBUX, and how the winning options trade unfolded with our two partial closes.When we recommended our SBUX call on Tuesday, May 21, the stock...Read More
Reports suggest the blue chip is ready to ramp up 737 MAX production by early next yearBoeing Co (NYSE:BA) stock is at the top of the Dow today, up 4.4% at $354.93, after Reuters reported the company is planning to resume manufacturing its grounded 737 MAX jets in February 2020 at a monthly rate of 52 planes -- building to a record 57 units per month by June -- though this depends on regulators cl...Read More
The retail stock hit a multi-year low earlier Stocks are mixed today as recession fears resurface and a pair of Fed speakers struck a hawkish tone toward future rate cuts, though a big day for Boeing (BA) is keeping the Dow above water. Among other individual names making notable moves today are medical equipment maker Edwards Lifesciences Corp (NYSE:EW), data analytics software firm Splunk Inc (N...Read More
ULTA earnings are due out in a weekUlta Beauty Inc (NASDAQ:ULTA) is trading up 2.2% today at $335.47, testing its 20-day moving average. However, we're more interested in a longer-term trendline, that being the 10-month moving average. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, the previous 10 signals of this type have resulted in an average one-month gain of 9.9%,...Read More
CEO Patrick Byrne is resigning due to his involvement with an FBI probeThe shares of Overstock.com Inc (NASDAQ:OSTK) have catapulted higher today, after being halted earlier for news. Specifically, the e-commerce and blockchain concern announced that CEO Patrick Byrne is resigning, effective immediately. The exit comes just a week after Byrne said he was involved in a federal probe into Russia and...Read More
August 20, 2019 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / August 19, 2019, 2018 / Harmony Gold Mining Co. Ltd. (NYSE: HMY) will be discussing...Read full newsRead More