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
Fashion designer Stella McCartney is calling on consumers to protect the planet with her fall 2019 campaign, the Women's Wear Daily (WWD) website reported. "It's as much of a fashion statement as it is a political one with individuals such as Amber Valletta, members of the climate activist group Extinction Rebellion and primatologist and chimpanzee expert Jane Goodall taking part." "The...Read More
Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesThe new system will contain all relevant information pertaining to mining titles including areas of restriction, national parks...Read More
Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesRegular readers will be all too painfully aware I am a golfer, which sadly no longer comes with the caché it once did. T...Read More
MACMILLAN PASS, YUKON - Fireweed Zinc (TSXV: FWZ) CEO Brandon Macdonald travelled to China three times last year, twice to Japan, and also talked with Korean smelters about the company's Macmillan Pass project in the Yukon - the largest undeveloped zinc and lead resource in the world held by a junior Canadian company."The reception we've had with the smelters has been very positive," Macdonald tel...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD), the world's second-largest bullion miner, is counting the days until it takes full control of its African subsidiary, Acacia Mining (LON: ACA).By now, most of Acacia's shareholders have expressed the intention of approving the sweetened takeover bid the gold giant submitted on July 19. That day, Barrick upped its original proposal, put forward on May 22, offeri...Read More
Two Canadian mines will pilot University of British Columbia- (UBC-) led research that combats greenhouse-gas (GHG) emissions by trapping carbon dioxide (CO2) in mine tailings, the waste left over from ore mining.The technology, the UBC says, could drastically reduce the GHG emissions of mining operations and result in the world’s first GHG neutral mine.AdvertisementThe project – a col...Read More
Orca last week said it would put its Côte d'Ivoire assets into a new, private company in a combination with Avant Minerals, to be called Montage Gold and owned 60% by Orca prior to a minimum C$7Read More
I once heard a very good investor say: "Be very careful taking advice from anyone that hasn't successfully navigated a meaningful amount of capital through a bear market."We haven't been through one of those in almost 11 years. I've been at this desk for over 12 years. My introduction to this space was the worst financial crisis and stock crash since the Great Depression. I saw what led up to it...Read More
The new system will contain all relevant information pertaining to mining titles including areas of restriction, national parks, socio-economic area of the locality and historical explorationRead More
Gold exploration is attracting the most investment dollars, and Quebec is among the top jurisdictions for new gold discoveries.Read full newsRead More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More
U.S. and China trade negotiators are expected to meet in person next weekStocks jumped into positive territory out of the gate, as Wall Street cheered a round of upbeat earnings reports. Blue-chip drink maker Coca-Cola (KO) and "Avengers" toymaker Hasbro (HAS) were two notable winners, surging 6% and 10%, respectively, on the back of the companies' second-quarter profit beats. Upbeat U.S.-China tr...Read More
A regional bank gave a dreary outlook for an important figureU.S. stocks have spent the day in positive territory thanks to strong earnings. Three names making the biggest moves are regional bank Zions Bancorporation (NASDAQ:ZION), paint seller Sherwin-Williams Co (NYSE:SHW), and vehicle maker Polaris Industries Inc. (NYSE:PII). Here's a look at the shares of ZION, SHW, and PII. Outlook Scares ZIO...Read More
The social media stock is expected to report second-quarter earnings after the close todaySocial media name Snap Inc (NYSE:SNAP) is on the rise today, up 3.2% at $14.62, just ahead of its second-quarter earnings report, slated for release after the close tonight. This positive price action comes courtesy of a bullish analyst note, as Stifel this morning upgraded SNAP stock to "buy" from "hold," an...Read More
Three names expected to make large swings post-earningsThree companies reporting earnings after the close tomorrow, July 24, are chipmaker Xilinx, Inc. (NASDAQ:XLNX), application delivery specialist F5 Networks, Inc. (NASDAQ:FFIV), and software stock Citrix Systems, Inc (NASDAQ:CTXS). There's notable data to discuss out of the options pits for all three, so let's take a closer look at the shares o...Read More
Existing home sales fell by 1.7% in JuneThe Dow Jones Industrial Average (DJI) is enjoying solid gains today, thanks to a strong earnings reaction for blue chip Coca-Cola (KO). News that Apple (AAPL) is buying Intel's (INTC) modem business is also creating tailwinds for the Dow. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) arehigher, too, on a post-earnings pop for toy stock Hasbro (H...Read More
Short-term options are pricing in low volatility expectations right nowImmunomedics, Inc. (NASDAQ:IMMU) stock topped out at an annual high of $26.99 on Sept. 4, before sliding to a 13-month low of $11.55 by mid-January. A rebound attempt was quickly rejected by the drug stock's 160-day moving average, with IMMU falling all the way back near their January bottom by early June. A bounce off here has...Read More
The retailer just pulled back to a historically bullish signal on the chartsThe shares of Target Corporation (NYSE:TGT) have come a long way since last April's huge bear gap and subsequent three-month bottom just atop $70 -- up roughly 25% off their low to trade at $87.21. And while the stock has found its footing atop support at the 30-day moving average, the $89-$90 region has put a stiff lid on...Read More