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
Altech ticks boxes on path to production SPONSOREDaltech chemicalsPolice fired rubber bullets and tear gas as workers tried to block access to the site, Reuters reported.In a translated joint statement, Sindicatos 1, 2 and 3 said workers were "violently repressed" when trying to set up a camp, adding 12 had been detained.Altech ticks boxes on path to production SPONSOREDaltech chemicals"The repres...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsAddressing the South Australian government's annual Copper to the World conference in Adelaide yesterday, Santiago-based CRU Consulting principal analyst, Erik Heimlich, said the copper price at itsRead More
When planning on how much to save for retirement, you first need to know how much you'll spend. The general rule is that you'll need 70% to 80% of your pre-retirement income to maintain your standard of living. However, a recent study found that nearly two in five (39%) retirees are spending more than they had expected. With that in mind, there are at least five things you might spend more on once...Read More
In less than 18 months since acquiring the DeLamar project in southwestern Idaho, Integra Resources (TSXV: ITR; US-OTC: IRRZF) has upgraded 90% of its global resource from the inferred to the measured and indicated category, and the company is on track to complete a preliminary economic assessment before the end of September."We were able to upgrade the resource to measured and indicated without l...Read More
Strongbow reviving age-old Cornwall tin mining traditionSPONSOREDstrongbow explorationLithium's next generationSPONSOREDneo lithiumE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoI do often wonder what I would do with my time if I didn't drink quite so much. But, try as I might, I have yet to come up with any ideas that woul...Read More
It would not be a stretch to suggest Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) executive co-chairman Robert Friedland is probably the world's best mining promoter.The Friedland legend started to take root when he carefully choreographed a bidding war between former Canadian base metals titans Inco and Falconbridge for the considerable Voisey's Bay nickel-copper-cobalt deposit in Labrador.When the fr...Read More
De Beers Group Institute of Diamonds is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout that country.The IIG has been operating for more than 50 years and is entrenched in gemology and in diamond and jewellery education in India.Advertisement“As the major player in the global diamond cutting and polishing industry, India...Read More
The announcement came rolling from the Eccles Building at 2 p.m. Eastern...No rate hike today.Jerome Powell has decided to sit on his hands - for now.In his very words:It's important that monetary policy not overreact to any one data point... The FOMC will closely monitor the implications of incoming information for the economic outlook and will act as appropriate to sustain the expansion.That is...Read More
It's been exactly one week since I came out and started sounding the bullhorn on cryptocurrencies once again.In that time, the price of Bitcoin has gone from below $8,000 to just shy of $9,400.It's also been one week since I started telling you about this unique opportunity that allows you to get in the hottest cryptos - like Bitcoin - for less than $1.00The last time I came out as bullish on Bitc...Read More
Dundee's share price rose modestly on the news that it has achieved commercial production at the Bulgaria-based mine.Read full newsRead More
There can be big one way moves in gold and silver anytime. Short term traders and investors are on the sidelines. Gold short sellers are waiting for an opportunity. It remains to be seen if they fail this week. Cautious optimism in gold for now. Physical buyers of gold will be on the sidelines. In the next three weeks, there are various risk. (a) 18th June and 19th June is the FOMC. (b) 28th Jun...Read More
There can be big one way moves in gold and silver anytime. Short term traders and investors are on the sidelines. Gold short sellers are waiting for an opportunity. It remains to be seen if they fail this week. Cautious optimism in gold for now. Physical buyers of gold will be on the sidelines. In the next three weeks, there are various risk. (a) 18th June and 19th June is the FOMC. (b) 28th Jun...Read More
Talisker Resources Ltd. (CSE:TSK) is pleased to announce that the Company has entered into three agreements further expanding its land position in the Spences Bridge Gold BeltRead full newsRead More
It was the Dow, S&P, and Nasdaq's highest close since early MayThe Dow cruised to a 353-point win today, for its highest close since May 3. Wall Street cheered reported progress in U.S.-China trade relations, after President Donald Trump tweeted about "an extended meeting" with Chinese President Xi Jinping at next week's G-20 summit. The S&P 500 and Nasdaq both soared as well, as trade-sensitive c...Read More
Goldman Sachs just upgraded several stocks in the solar energy sector The Dow is up triple digits today, on President Donald Trump's promising trade tweet. Solarstocks are getting a boost today too, after Goldman Sachs upgraded several sector names, includingSunPower Corporation (NASDAQ:SPWR), Sunrun Inc (NASDAQ:RUN), and Solaredge Technologies Inc (NASDAQ:SEDG). The analyst is "incrementally posi...Read More
President Donald Trump confirmed a G-20 meeting with Chinese leader Xi JinpingUpbeat U.S.-China trade headlines are creating a boon for the steel sector today, with the SPDR S&P Metals & Mining ETF (XME) up 3% at $27.28. The positive price action has sparked a rush of activity in XME's options pits, with calls crossing at 33 times what's typically seen at this point.By the numbers, 63,711 XME call...Read More
Needham initiated coverage with a "buy" ratingThe shares of cloud communications concern Twilio Inc (NYSE:TWLO) are higher this afternoon, as stocks cheer encouraging tweets about U.S.-China trade relations. In addition, we're watching TWLO stock for two more reasons: today's upbeat analyst attention from Needham, and how seasonality favors the bulls in the short term.Diving right in, Needham star...Read More
There's heavy open interest at NXPI's 100 strikeChip stocks are having a strong day, and one name joining in on the rally is NXP Semiconductors NV (NASDAQ:NXPI). NXPI stock is trading up 4.7% at $93.94, as the shares move back toward the $100 level after breaching it about a month ago. They're also trading near two levels of key technical support in the 160- and 200-day moving averages. Based on d...Read More
Near-term options traders are pricing in modest volatility expectations Toymaker Hasbro, Inc. (NASDAQ:HAS) gapped higher after a positive earnings surprise in April, and after a subsequent pullback, has resumed its upward momentum. The equity has already added 12.9% so far in June, barreling past the $100 level to trade at year-to-date highs. In fact, HAS stock is now within striking distance of t...Read More
July-dated crude futures are up more than 4% todayThe U.S. stock market is surging at midday, after President Donald Trump tweeted about "an extended meeting" with Chinese President Xi Jinping at next week's G-20 summit. This only strengthens tailwinds created by stimulus chatter from European Central Bank (ECB) President Mario Draghi, and has the Dow Jones Industrial Average (DJI) set for its hig...Read More