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
NFLX is set to nosedive on a surprise drop in subscribers Dow Jones Industrial Average (DJI) futures are signaling their third day in the red, with UnitedHealth Group (UNH) and IBM (IBM) stocks lower after earnings. Nasdaq-100 Index (NDX) futures are also lower, with FAANG concern Netflix (NFLX) set to nosedive on a surprise drop in second-quarter subscriber rates and sluggish international member...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
TORONTO, July 16, Jul 16, 2019 (GLOBE NEWSWIRE via COMTEX) -- NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED...Read full newsRead More
Investing.com - Gold prices fell on Wednesday in Asia on hints that the U.S. and Iran may be willing to hold talks.Retail sales gained 0.4% in June, outpacing consensus forecasts for a 0.1% advance. The data sparked buying interest in the U.S. dollar and pushed Treasury yields higher, which in turn put pressure on the yellow metal.Gold futures for August delivery on the Comex division of the New Y...Read More
The spot gold price is around $1,422/oz, having gained earlier amid renewed expectations of a US interest rate cut, ongoing US-China trade tensions and the British pound weakening on the growing possibility of a no-deal Brexit.The silver price has risen more than 8% over the past 30 days.Silver equities were among the biggest market risers in Toronto yesterday, where Mexico-focused explorer Silver...Read More
Conical spacers that can be retrofitted to its proprietary IsaMills, or incorporated in new mills, are said to be particularly effective the finer the regrind product required. The spacers have been commercialised, but Glencore Technology says tests on pyrite concentrate showed 12.7% to 21.5% reductions in specific energy draw in gold recovery with the P80 size ranging from 22um to 15um. The great...Read More
Various Indian online news outlets reported that Reliance Brands had come to an understanding with the 182-year old American jewelry brand Tiffany & Co. to bring Tiffany's to India. Reliance Brands is owned by Mukesh Ambani, India's richest businessman and industrialist. He is the chairman, managing director, and largest shareholder of Reliance Industries Limited (RIL), a Fortune Gl...Read More
Speaking at a meeting of the World Business Council for Sustainable Development (WBCSD), which took place during the United Nation's 2019 High-Level Political Forum on Sustainable Development in New York, CIBJO President Gaetano Cavalieri has advocated for the position of small and medium-sized enterprises. Sustainable economies rely on the contribution of SMEs, he said, but too often they fi...Read More
The Inside Retail Asia website reported that during the second quarter same-store sales of the world's largest jewelry retailer la Chow Tai Fook (CTF) in Hong Kong and Macau fell by 11 per cent. However, sales in Mainland China rose by 11 percent. "The Hong Kong and Macau market was affected by a tough base of comparison and cautious consumer sentiment amid an uncertain macro environmen...Read More
Aim-listed Botswana Diamonds has raised £250 000, through the placing of 50-million shares with new and existing investors at 0.5p a share.This represents about 7.98% of the company's issued share capital.AdvertisementThe funds will be used to continue diamond exploration efforts in Botswana; to progress the Thorny River bulk sampling programme; to bring the Marsfontein dumps and gravels...Read More
Diamond miner De Beers has revised its full-year production guidance downward to about 31-million carats, leaning towards the lower end of the previous range of between 31-million and 33-million carats, in response to weaker trading conditions experienced during the second quarter.De Beers is currently producing to demand and, in a statement issued on Thursday, the miner reported that the revision...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIts 10,000 tonnes per day beneficiation plant is the first large-scale plant to operate in the country. Within six months, the company plans to increase this to 30,000tpd and later to 60,000tpd.Mirador will annually produce 11Mt of copper concentrates containing 137 million pounds of copper, 34,000oz of gold and 394,000o...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumMVC produced 13.3 million pounds of copper at a cash cost of US$1.97/pound, and 0.2 million pounds of molybdenum, in the June quarter. The results were below forecast "as a result of continued low plant recoveries during the quarter"."In Q2-2019, as required by the mining plan sequence, Cauquenes material was still being...Read More
Australia's mining industry was born at Glen Osmond, now an eastern suburb of Adelaide, after the discovery of lead and silver in 1841. Within five years, seriously rich copper finds were made at Kapunda and Burra, with the latter supplying 5% of the world's copper for more than a decade. Gold fever also swept through the Adelaide Hills, which hosted Australia's first gold mine (the Victoria mine)...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