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
As most investors have heard by now, Netflix's second-quarter earnings reported on earlier this week showed a considerable plunge in new subscribers. The stock dropped more than 10% and the overall chatter online wasn't great for the prototypal leader in streaming services.The number of new subscribers for the quarter was projected to reach 5M, however 2.7M was the grand total-marking this a consi...Read More
"Communication," Cook told the Noosa Mining and Exploration Investor Conference. "My experience has been Australian companies are not that good at communicating with shareholders.Read More
Alcoa this week reported negative free cash flow of US$7 million on its $2.7 billion of second-quarter revenue. A net loss of $402 million, or $2.17 per share, included the $319 million one-off cost of divesting its interest in the Ma'aden Rolling Company (MRC) in Saudi Arabia, and $81 million of other special items.The company's weak FCF isn't helping reduce its heavy net debt load.New York inves...Read More
Lucara Diamond Corp.announced that the winning submission for the naming of the 1,758 carat diamond. Meaning "rare find" in Setswana, the name Sewelo was selected from over 22,000 submissions in a contest open to all citizens of Botswana. The announcement was made during a gala event hosted by Lucara Botswana in the presence of His Excellency Dr. Mokgweetsi Eric Keabetswe Masisi, President o...Read More
The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry and trade, issued a statement today that it will halt its financial contribution to The Scientific and Technical Research Center for Diamond (WTOCD). "[The WTOCD] can no longer count on the (unrestricted) financial support from the AWDC. The current market situation has led us to take this decision,...Read More
Aim-listed BlueRock Diamonds has sold a 12.2 ct diamond for $105 000 in its July tender.This diamond, at $8 584/ct, was the second-most valuable diamond the company had recovered to date, following the sale of a 24.9 ct diamond in the June tender for $196 000.AdvertisementBlueRock executive chairperson Mike Houston attributed the great recoveries to improved operational practices at the company&rs...Read More
Canada-headquartered diamond miner Lucara Diamond has chosen the name Sewelô, meaning “rare find” in Setswana, for the 1 758 ct diamond recovered from its Karowe mine, in Botswana, in April.The name was selected from over 22 000 submissions in a contest that was open to all Botswana citizens.AdvertisementThe announcement was made during a gala event hosted by Lucara Botswana in t...Read More
With the extensive range of fully serrated, multi-directional non-slip floor gratings, stair treads and safety handrails that manufacturer Vital Engineering supplies, the company is involved in several projects where it supplies mines with mild steel, galvanised steel and stainless-steel products which ensure the very highest standards of safety and quality.“The majority of the mines which w...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 PFS envisions a 110,000 tonnes per day throughput rate, a life of mine strip ratio of 1.66: 1 to produce a copper concentra...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 resourcesASX-listed Ausdrill (ASL) has had a good week, climbing nearly 6%, though it dipped today. The company's shares are up about 27...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIn the Pilbara, unit costs for 2019 have been increased by US$1 a tonne to $14-$15/t.Read More
Summer is in full swing, and vacation season is upon us! That means a lot of traveling. From road trips, cruises and flights people are seeking their summer time rest and relaxation.With so many people looking to go to an exotic location, or visit far away family, many of us turn to flying to get around safely and quickly.Business, being business, means that airlines in turn are scrambling for way...Read More
Have you heard the news?Gold prices are at their highest level in six years and gold stocks are outpacing a record-setting stock market.Who would have thought?It seems like just yesterday we were all talking about rate hikes and bear markets. But now, here we are.Who possibly could have predicted this?Well, me.Twice.Twice now, I have called the Fed's bluff and encouraged you to do the same.And twi...Read More
Free riding is one of the oldest problems in economics and in society in general. Simply put, free riding describes a situation where one party takes the benefits of an economic condition without contributing anything to sustain that condition.The best example is a parasite on an elephant. The parasite sucks the elephant's blood to survive but contributes nothing to the elephant's well-being.A few...Read More
Today, stock markets and other markets such as bonds and currencies can best be described as "automated automation." Here's what I mean.There are two stages in stock investing. The first is coming up with a preferred allocation among stocks, cash, bonds, etc. This stage also includes deciding how much to put in index products or exchange-traded funds (ETFs, which are a kind of mini-index) and how...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
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
The S&P and Nasdaq closed higher despite a down day for NetflixThe Dow explored a 198-point range on both sides of breakeven today, with the blue-chip index ultimately avoiding a third straight loss thanks to a post-earnings pop for IBM (IBM). Gains for the Dow were modest, though, as a disappointing revenue forecast pressured UnitedHealth (UNH) stock. The S&P and Nasdaq managed to muscle to a win...Read More
The next big market cycle could create opportunities for early stage resource projects working towards the production phase.Read full newsRead More
One speculator wrote calls to bring the cost of a Dillard's put position down to $1.17MDepartment store operator Dillard's, Inc. (NYSE:DDS) has bounced back from its May-June lows around $56 per share, but the stock is now facing heavy resistance at the 200-day trendline. The moving average has capped multiple breakout attempts over the past year for the retailer, and now has the stock pulling bac...Read More