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

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe six-year review was conducted by the US States Forest Service.The publication of the DEIS triggers a further public consultation process over a 90-day period, which will inform the final environmental impact statement (EIS) and the next steps in the permitting process for the project.Quality emerges at Galan's bl...Read More

The Northern Miner presents its top-10 list of U.S.-based mid-tier to junior companies, excluding coal and precious metals, according to market cap.1. Intrepid PotashMarket cap: US$432 millionIntrepid Potash (NYSE: IPI) is a diversified minerals company based in Denver, Colo., that delivers potassium, magnesium, sulphur, salt and water products for the agricultural and oil and gas industries. It i...Read More

Stocks swooned last week after U.S. President Donald Trump declared in a tweet on Aug. 1 that he would slap a 10% tariff on a further US$300 billion of Chinese imports to the U.S. starting on Sept. 1. (This does not include the US$250 billion already tariffed at 25%.)The U.S. Chamber of Commerce, representing the interests of 3 million American businesses, claimed the threat of more tariffs "wil...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 consultingNot always a popular topic, and one that can trigger strong views, hedging was one of the high...Read More

China's shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? Or is it a house of cards preparing to implode?Conventional wisdom espouses the former. Yet, hard evidence suggests the latter.Your correspondent in the world famous Long Bar on the Bund in Shanghai, Chin...Read More

Markets are still digesting last week's Chinese devaluation that sent the Dow crashing over 700 points last Monday.And as everyone knows by now, the Trump administration labelled China a currency manipulator.The ironic part of it is that China has been manipulating its currency to strengthen it against the dollar.Here's the dynamic you need to understand…The Chinese yuan is softly pegged to...Read More

Last month, I wrote:"The global monetary system needs to be reformed, I believe there will be a Bretton Woods-style meeting in the next couple of years, one that will be forced upon us by mathematics."Neither the current global debt nor the negative interest rate orgy that's going on is sustainable, but power never relinquishes power on its own, it is always forced to, ask Jeff Epstein. Too soon?...Read More

Rosengren has run Sandvik since November 2015, overseeing implementation of a decentralised structure to help make it more efficient and flexible. He will become ABB CEO in February next year, replacing Peter Voser.Prior to his Sandvik time Rosengren ran Wartsila Corporation, which makes power systems for the marine and power generation markets.Voser, also ABB chairman, said Rosengren would bring...Read More

PALM BEACH, Florida, Aug. 8, 2019 /PRNewswire/ -- There are many reasons why the price of gold fluctuates, but one of the current reasons is the intensifying...Read full newsRead More

BRIEF-Avesoro Resources Says Security Breach At Youga Gold Mine:BRIEF-Avesoro Resources Says Security Breach At Youga Gold MineRead full newsRead More

The online edition of the Windhoek Observer reported that the review panel of the Central Procurement Board (CPB) has rejected an appeal that was filed by Prestige Diamond and Global Diamond Valuators Namibia, with regard to the awarding of the diamond valuation tender to Gem Diamonds Namibia. The panel decided in past July that there was no legal merit to the filed appeal. "Alternatively, the Rev...Read More

The Alrosa Group, the world's larhets diamond miner in volume, shared its diamond sales data for past July and the first seven months of 2019. Alrosa's sales for July 2019 stood at $170.5 million. Rough diamond sales came to $164.6 million, while polished diamond sales reached the $5.9 million mark. In the first seven months of the year, Alrosa sold $1,981 billion: $1,948.7 billion of ro...Read More

Sometimes life's important lessons are learned doing the most menial tasks. Editor's Note: This editorial ran several years ago, but is worth repeating. I no longer own the ISG as it is now the IIJA, a 501(c)3 non-profit entity since I donated the school to serve the industry. And I certainly don't make a six-figure income anymore, but that is my choice also. However, the story belo...Read More

"De Zeen" website reports on a Louis Vuitton exhibition that showcases its collaborations with leading artists over the past 160 years, complete with custom bags and a tropical pop-up shop. The Louis Vuitton X exhibition can be seen at  468 North Rodeo Drive building in Beverly Hills, Los Angeles. It has 180 items from the French fashion house's archive on display. The items are displaye...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to provide an update on the status of certain actions being taken by management to contain costs during the industry wide over supply of frac sand and to respond to certain allegations made by a group of shareholders (the "Shareholder Group") in their press release dated August 8, 2019.Cost ContainmentTh...Read More

The US stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big US stocks' just-reported Q2'19 r...Read More

The US stock markets are becoming more unstable, fueling mounting anxiety about what's likely coming. After surging to new all-time-record highs in late July, stocks plunged in a sharp pullback as the US-China trade war escalated. Stock markets' resiliency in the face of bearish news is partially determined by how companies are faring fundamentally. The big US stocks' just-reported Q2'19 r...Read More

Stocks made another late-day push todayIt was another day of volatile trading on Wall Street. In fact, today's price action mirrored Thursday's, with stocks paring sharp losses in the final hours of trading. The Dow even flirted with positive territory late in the day, despite downbeat trade comments from President Donald Trump, though the tech-rich Nasdaq remained lower as chip stocks took a hit....Read More

Both names announced strategic reviewsStocks are trading lower today on renewed U.S.-China trade tensions. Among individual names making notable moves are food delivery firm Waitr Holdings Inc (NASDAQ:WTRH) and Xerox spinoff Conduent Inc (NYSE:CNDT). Here's a quick look at what's moving the shares of WTRH and CNDT.Piper Jaffray Downgrades Waitr StockAfter being halted several times throughout the...Read More

Markets suffered their worst day of 2019 on MondayIt was a volatile week on Wall Street, with U.S.-China trade headlines sparking the whipsaw price action. The bulk of the action occurred to the downside, with stocks notching their worst day of the year on Monday after President Donald Trump labeled China a currency manipulator -- sparking a dramatic surge in the Cboe Volatility Index (VIX) that's...Read More