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 company drilled 2,357m in 16 diamond drill holes at the near-surface Tom North exploration target with highlights including 22.5m grading 6.13% zinc and 0.95% lead. The results confirmed the target has potential to be mined in an openpit, which the company believes will improve overall preliminary assessment (PEA) economics of the project."With these positive first drill assays now in, we look...Read More
The umbrella name will be adopted by the ASX-listed vehicle, which merged with Barminco last year, and will sit above its mining and investment business units such as Barminco, African Underground Mining Services, and its logistics and supply arms. The Ausdrill legacy will continue as its Australian surface drilling operations. Herpetologists and naturalists might recognise the new name...Read More
From left: Michael Goren, VP Global Sales & Marketing at Sarine; Mehul Shah, VP BDB; Ramniklal Shah, Founder of Venus Jewel; Ms Rajeshwari Mehta, VP Business Development at Sarin India; and Yoav Efrat, Managing Director at Sarin India Sarine Technologies Ltd. launched its Sarine Lab Services on August 12th with a grand opening event at the Bharat Diamond Bourse (BDB). Established on th...Read More
The Plumb Club announced it had completed analyzing attendance statistics for its brand-new pavilion at this year's JCK Las Vegas Show. While an increase was expected, the results were record breaking. Based on badge scans of attendees entering The Plumb Club Pavilion Caf?? (C) throughout the show, total retailer visits were up 46 percent year on year. "The numbers far surpassed what we had...Read More
During Q2 of 2019, Lucara's revenue totaled $42.5 million, realizing $417 per carat. This constitutes a drop of 35 percent compared to $64.5 million realized in the second quarter of 2018, when the price per carat sold stood at $856 per carat. Lucara stated the sales figures were consistent with its management's expectations and plans. "A strong operating environment prevailed at the Ka...Read More
Macauhub reported that the Angolan state diamond trading company Sodiam reported a gross revenue of $232.8 million in the second quarter of 2019. The company said it had sold 1.5 million carats at an average price of $ 155.3 per carat. Sodiam's revenue dropped to $135.8 million in the second quarter compared to the first quarter, because Sociedade Mineira do Catoca, the largest Angolan produc...Read More
Pandora, a world leading manufacturer and marketer of hand-finished, contemporary fashion jewelry, announced it is making good progress toward the brand's relaunch on 29 August. Pandora jewelry, which has become known for its high-quality materials and affordable prices, is sold in more than 100 countries on six continents through more than 7,500 points of sale, including more than 2,700 conc...Read More
De-risking delivers value in GalenaSPONSOREDgalena miningAccounting firm EY's Canadian Mining Eye index increased 3% over the March quarter, when it gained 5%. The index tracks the mining sector performance of 100 TSX and TSXV-listed mid-tier and junior companies with market values between C$169-$2.5 billion.The latest quarter ended with spot gold at US$1,414/oz, benefitting from an 8% gain in Jun...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 consultingTaken from part of the Kamoa-Kakula project currently under development in the Democratic Repu...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 conversation is about corporate unbundling of a kind that could unlock hidden value in the...Read More
Plateau Energy Metals (TSXV: PLU) has lost its appeal to overturn a decision by the Instituto Geol??gico Minero y Metal??rgico (Ingemmet) to cancel 32 of its 149 concessions in Peru. Ingemmet is an agency under Peru's Ministry of Energy and Mines.The 32 concessions represent 231 sq. km, or less than 25% of Plateau's 930 sq. km land package in Peru. Of the 32 concessions, one affects the Falchani l...Read More
This episode features the Yukon Territorial Panel at The Northern Miner's annual Canadian Mining Symposium held at Canada House in London, U.K., earlier this year. The panel consisted of Yukon Premier Sandy Silver; Graham Downs, president and CEO of ATAC Resources; Brandon Macdonald, president and CEO of Fireweed Zinc; John McConnell, president and CEO, Victoria Gold; and Paul West-Sells, presiden...Read More
It's been a fun month for just about everyone in the finance world.Questions abound from friends and family while the stress just makes us want to nurse a drink in gloomy silence while the markets are closed.The most depressing for me was hearing from a friend who went to cash in his retirement account. Of course it was executed late and with the worst possible prices right at the bottom of the di...Read More
The talk of financial markets is about negative mortgage rates and its impact on global growth. Let's be straight, mortgage rates are linked to bond yields. Investors have the habit of factoring excess be it growth or recession. Assets prices these days are all about AI (artificial intelligence) powered momentum. Most of us make heavy losses when the investment we made starts reversing. Winners...Read More
The talk of financial markets is about negative mortgage rates and its impact on global growth. Let's be straight, mortgage rates are linked to bond yields. Investors have the habit of factoring excess be it growth or recession. Assets prices these days are all about AI (artificial intelligence) powered momentum. Most of us make heavy losses when the investment we made starts reversing. Winners...Read More
Huawei can continue selling to U.S. suppliers -- for nowThe Dow rallied today thanks to upbeat news around the U.S.-China relationship. The tech sector got a spark from news that the Trump administration is extending Huawei's license to do business with U.S. suppliers, and traders also cheered interest rate reform out of China. Rebounding Treasury yields also lifted sentiment on Wall Street. The w...Read More
SVB Leerink upgraded Solid Biosciences to "outperform" after Friday's bull gapThe shares of gene therapy name Solid Biosciences Inc (NASDAQ:SLDB) hit a five-month high today, after an upgrade from SVB Leerink to "outperform" from "market perform." The brokerage firm also hiked its price target to $15 from $8 -- a roughly 70% premium to Friday's close -- noting the company's Duchenne muscular dystr...Read More
The chip stocks look attractive to the brokerage firm, despite trade-related riskStocks are soaring today on upbeat U.S.-China trade headlines and stimulus buzz from overseas. Among individual names making big moves are investment name DPW Holdings Inc (NYSEAMERICAN:DPW), semiconductor supplier ON Semiconductor Corp (NASDAQ:ON), and chipmaker NXP Semiconductors NV (NASDAQ:NXPI). Here's a quick rou...Read More
The biopharma stocks are higher on new bullish analyst ratingsThe shares of biopharmaceutical concerns Myovant Sciences Ltd (NYSE:MYOV) and NuCana PLC (NASDAQ:NCNA) are higher today, thanks to some optimistic analyst calls. Specifically, SVB Leerink launched coverage of MYOV shares with an "outperform" rating and $26 price target -- more than triple Friday's close of $7. Meanwhile, H.C. Wainwright...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has received a Purchase Order ("PO") valued at $400,000 to equip first responders with its LTE Push-to-Talk Over Cellular ("PoC") devices and accessories. Marc Seelenfreund, CEO and Chairman of Siyata Mobile, commented, "Our Push-to-Talk devices continue to gra...Read More