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

Yet there's tons of pessimism surrounding MTCH stillOne of the big earnings winners this morning is Match Group Inc (NASDAQ:MTCH), after the dating services company reported adjusted second-quarter earnings per share of 43 cents on $498 million in revenue, topping the expectations of 40 cents on $489 million. Not only that, Match raised its fiscal-year forecast, citing the popularity of its Tind...Read More

Beyond Meat is partnering with Subway to create a 'Beyond Meatball Marinara Sub' Buzzy Wall Street freshman Beyond Meat Inc (NASDAQ:BYND) is making headlines again, on news that it's partnering with Subway to create plant-based meatball subs, which will be tested in the U.S. and Canada beginning next month.The news has BYND shares up 1.4% at $163.41. BYND stock has cooled considerably from its J...Read More

The 30-year Treasury yield earlier fell to fresh three-year lows Dow Jones Industrial Average (DJI) futures are trading nearly 200 points below fair value, as yesterday's optimism over U.S.-China trade talks fades. Ten-year and 30-year Treasury yields fell to their lowest levels since 2016 earlier, while gold futures tagged six-year highs -- and traders are also weighing a disappointing fiscal thi...Read More

Thousands of Turks including opposition lawmakers staged a peaceful and unusuall...Read full newsRead More

Stocks had their worst day of the year on MondayThe S&P 500 Index (SPX) had its worst day of the year on Monday of this week. This sent the Relative Strength Indicator (RSI) crashing, indicating an oversold market. The RSI is a popular technical indicator that oscillates between zero and 100. A level above 70 is often considered overbought, while a level below 30 is considered oversold.Based on th...Read More

Metallurgical test work at Integra Resources (TSXV: ITR; US-OTC: IRRZF) DeLamar project in southwestern Idaho shows heap leaching is a viable option for a large percentage of the resource, the company says.Results from test-work at the project's Delamar and Florida Mountain deposits indicates recoveries as high as 85% for gold and up to 50% for silver. The results demonstrated recoveries of 80-90%...Read More

Gold has reached a fresh high in Australian dollar terms today of A$2,224.53/oz and had hit a record high in British pounds on Monday of £1,209.55/oz, Reuters reported.It was above US$1,485 an ounce on the spot market earlier, a level last seen in April 2013.US market indices closed higher but Europe and Toronto ended in the red on Tuesday, while the Australian dollar has slid to its lowest...Read More

While trade war and global growth concerns have kept the price of zinc down, New Century managing director Patrick Walta sees some of the future developments that'll be needed to come on line asRead More

Currency manipulator!Today we point an indignant and accusing finger at the latest currency manipulator.Let all proper authorities take notice.The accused is not China - incidentally.But we cannot proceed without first noting another manipulated market...The stock market presented a distressed scene this morning.Plunging bond yields are the explanation widely on offer (falling yields reflect a poo...Read More

One of the crucial insights in currency trading that many investors fail to grasp is that currencies don't go to zero, and they don't go through the roof. That's a generalization, but an important one. Here are the qualifications:This observation applies to major currencies only - not to currencies of corrupt or incompetent countries like Venezuela or Zimbabwe. Those currencies do go to zero throu...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLast week saw two deals of reasonable scale in the precious metals space. The first was mid-...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMy beloved son and heir, now in his early teens is, to his credit, showing some interest and...Read More

Six months after delivering a positive feasibility study for its Madsen gold project in Red Lake, Ont., Pure Gold Mining has landed a US$90-million financing to bring it into production.The junior is targeting the end of 2020 for the first gold pour at the high-grade, past-producing underground project.The financing, which consists of a US$65-million loan and US$25-million callable gold stream, is...Read More

Semafo (TSX: SMF) has cut 2019 production guidance for its Mana mine in Burkina Faso by 40,000 to 50,000 oz. gold, following a pit-wall failure in the northern part of the Wona pit on August 2.The intermediate gold producer now expects the mine will produce between 130,000 and 140,000 oz. gold this year, down from its earlier guidance of 170,000 to 190,000 oz. gold.According to Semafo's 2019 mine...Read More

The gold bull market we've long told you would come and prepared you for is here, with prices hitting $1,500 per ounce today. That's a nice, round number that gets people's attention. There will be more gold experts soon, as happens with these things.But we are still very early in this cycle. So I thought I'd offer some points for perspective. 1. Precious metals stocks have been in a projected b...Read More

After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More

After the release of US July nonfarm payrolls, I thought I will be an easy week to trade and invest. Continuous flow of news like branding China a currency manipulator will only increase volatility. There is now no reason for crude oil to rise. Chinese slowdown and India slowdown should result in demand led price fall. To me crude oil prices should fall fifteen percent at least in the short term...Read More

The tech sector lead today's market gainsThe Dow, S&P 500, and Nasdaq all snapped their recent losing streaks, bouncing back some after yesterday's beat-down. Traders took some solace in China stabilizing the yuan, while advisors for President Donald Trump also left the door open for progress on the trade front. The tech sector was one of the biggest winners from the risk-on session, though energy...Read More

Beauce Gold Fields (TSXV:BGF) is pleased to announce the results of a geoelectric tomography survey conducted in the western section of a Beauce Gold property in southern Quebec.Read full newsRead More

Meanwhile, ACB shares are popping on preliminary guidanceStocks are mostly higher this afternoon, following yesterday's nosedive, encouraged by China's plans to stabilize the yuan. Three stocks also making wild moves are pharma stocks McKesson Corporation (NYSE:MCK) and Cardinal Health Inc (NYSE:CAH), as well as marijuana concern Aurora Cannabis Inc (NYSE:ACB). Below, we'll look at what's sparkin...Read More