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
When it comes to retirement destinations, you can find an endless number of lists ranking the best and worst spots to live out your golden years. My take is it really depends on how you want your retirement to look. Of course you want to stretch your dollar as far as it will go, but you're also not going to do it at the expense of losing friends and family.A survey by Merrill Lynch and Age Wave, f...Read More
Canada hosts many specialized suppliers that provide vital goods and services to keep the industry going. Here are 10 of the most exciting firms.DSI UndergroundLuxembourg-headquartered DSI Underground specializes in underground mining and tunnelling products, including dynamic anchor systems, injection resins, pumpable injection chemicals and forepoling systems.The firm offers comprehensive servic...Read More
The following is an edited transcript of remarks made by Franco-Nevada (TSX: FN; NYSE: FN) CEO David Harquail at The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019, followed by a question and answer session. For the full audio, listen to Episode 143 of The Northern Miner Podcast.__________________________David Harquail: In terms of our business pri...Read More
Australian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsGolden Mile goes back to the futureSPONSOREDgolden mile resources'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteThe idealised goal of a budding miner is to create a project that i...Read More
"We're probably never going to go away from zero rates.”So concludes hedge fund grandee Kyle Bass.Mr. Bass believes the economy will plunge into recession next year. And the Federal Reserve will hound interest rates back down to zero.There they will remain forever and ever... world without end.The economy will fall within the inescapable "tractor beam" of zero rates:As we have all learned, o...Read More
Dundee Precious Metals has completed a PEA for its Timok gold project, saying it will be used as a launch pad to optimize the project.Read full newsRead More
INN talked to Tania Carnegie of KPMG about whatRead full newsRead More
Perfectly Positioned for Global Growth Projecting 3 Million Pound 2019 Harvest Following a successful 2018 growing season, Hemptown USA is scaling its operation to meet global demand. The company is on track for 2019 revenue (based on 2018 crop yield) of $23 million and is projecting $204 million revenue for 2020. Sign Up Below to ...Read full newsRead More
The major market indexes recorded back-to-back lossesStocks edged higher at the open, as Wall Street weighed a fresh round of earnings reports. However, the major indexes slipped into the red, as concerns over U.S.-China trade relations were exacerbated by disappointing earnings from railroad giant CSX Corporation (CSX). By the close, the Dow, S&P, and Nasdaq had notched back-to-back losses, with...Read More
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A CNBC report sent the shares to a new high earlierAhead of earnings tonight, online retailer eBay Inc (NASDAQ:EBAY) has reversed course after hitting 15-month highs, now down 1% at $39.54. The equity was initially surging on a CNBC report that the firm is in the early stages of selling its ticket-exchange business StubHub. However, no confirmed buyers were named. Looking at past earnings reactio...Read More
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Goldman Sachs upgraded HSY to "neutral" todayThe shares of Hershey Co (NYSE:HSY) stock are up 3% to trade at $145.03 today, after earlier nabbing a record high of $145.15. The gap higher comes after Goldman Sachs raised its ratingto "neutral" from "sell," while hiking its price target all the way to $142 from $86. The analyst in coverage waxed optimistic about reports of Hershey's price increase...Read More
The energy stock is headed toward its worst day since late 2017Tellurian Inc (NASDAQ:TELL) is spiraling today -- down 13% at $6.70 -- after Stifel downgraded the energy stock to "hold" from "buy," and slashed its price target by $7 to $9. The brokerage firm sees risks to TELL's margins and cash flows from expectations for lower long-term gas prices. Most analysts remain bullish on Tellurian stock....Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Three stocks under $5 making notable movesU.S. stocks are trading in the red today, putting the Dow's win streak in danger. Three penny stocks to watch in today's trading are retailer Francesca's Holdings Corp (NASDAQ:FRAN), CAR-T specialist Anixa Biosciences Inc (NASDAQ:ANIX), and eye care name Guardion Health Sciences Inc (NASDAQ:GHSI). Here's a breakdown of how the shares of FRAN, ANIX, and GHS...Read More
The financial concern is slated to report earnings before the open this FridayBank stocks have been a major focus this week, with Citigroup (C)unveiling an impressive earnings report on Monday, and several sector peers slated to report later this week. This list includes State Street Corporation (NYSE:STT), which will unveil its second quarter earnings before the open this Friday, July 19. While i...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received a $700,000 purchase order from a single end-use customer to equip their mobile workers and vehicles assets with UR7 rugged handsets and CP250 in-vehicle device for a national railway company.Marc Seelenfreund, CEO and Chairman of Siyata Mobile, mentions, "Th...Read More
Trade tensions with China remain a focal pointThe Dow Jones Industrial Average (DJI) is churning lower at midday, heading for back-to-back losses. Barring a dramatic pivot, this will be the first time in six sessions the blue-chip index has not nabbed a record high. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also in the red, as investors digest arange of post-earnings reactions, inc...Read More