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
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More
Jewelers for Children held its 21st annual Facets of Hope event on June 2, at the Venetian, in Las Vegas. The charity announced that $1.3 million had been raised to support their charity partners in the year ahead, bringing the cumulative total since 1999 to $ 56.7 million that has been donated on behalf of the industry to help children in need. Each year it's amazing how genero...Read More
The Jewelry Industry Summit, a non-profit charitable organization, announced that it is moving its business model to that of a membership-based organization and opening up a range of opportunities for individuals and organizations to align themselves publicly with the vision and goals by becoming a member. The step is in line with its mission to bring the jewelry industry together to advance susta...Read More
The Zimbabwe Independent reported that Alrosa PJSC, the local arm of the Russian diamond mining giant, is yet to finalize its agreement with the Zim government to mine diamonds in the country. Following the government's announcement about Alrosa's arrival five months ago, the company is still to be allocated diamond mining concessions Independent reporter Bridget Mananavire quoted govern...Read More
The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 kicked off in Mumbai, India, on Monday, June 17 with a welcome speech by (Mr.) Alok Vardhan Chaturvedi, Director General of the Foreign Trade (DGFT) who is the current KP Chair on behalf of the government of India. The two other speakers were (Mr.) Stephane Fischler, President of the World Diamond Council and (Mr.) Shami...Read More
Genome sequencing is set to revolutionise the diagnosis of rare childhood conditions, according to researchers in Cambridge.All seriously ill children in England with an unexplained disorder will be eligible for genome analysis, which involves mapping a person's entire genetic code, from next year.So far, about 350 babies and children in intensive care at Addenbrooke's Hospital have had...Read More
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
Hillary Clinton recently shared a glimpse of her lavish D.C. home — dubbed "Whitehaven" - with Architectural Digest. And while I'm more of a modern design kinda guy, I have to say it's definitely a nice pad… especially since it's not even the Clintons' primary residence!Of course, seeing pictures of the lavish home also made me think about a story I originally discussed many years ago....Read More
Mountain Province Diamonds Inc. announced the discovery of a new kimberlite at its Gahcho Ku?? (C) Joint Venture (GKJV) leases. The Wilson kimberlite is located roughly 200 meters east of the Tuzo kimberlite and was discovered during drill testing of geophysical and geological anomalies in the area. The Wilson kimberlite is the first kimberlite to be discovered in the GKJV area in over 20 years, a...Read More
Publisher's Note: The precious metals sector is heating up and poised to break out. As "The Original Gold Bug," no one has the depth of experience and knowledge that Mr. James Dines has.Read on for an excerpt from The Dines Letter for his latest analysis.Call it like you see it,Nick Hodge"Well begin is half done" -AristotleWhen stock markets decline, our strategy has bee...Read More
The DJI staged a valiant eleventh-hour rebound, but it wasn't enoughThe Dow was down 118 points at its session low, and despite a late-stage jump into positive territory, still ended in the red. The index couldn't shake offheadwinds from a recoiling chip sector, subpar Chinese manufacturing data, and a smaller-than-expected increase in May retail sales. The S&P 500and Nasdaq also closed lower, bu...Read More
A quick look at recent IPO news and movesThere has been a lot of initial public offering (IPO) action recently, so with the week coming to an end, we wanted to take a look at some of the names making moves recently. Starting in today's trading, Chewy, Inc. (NYSE:CHWY) is taking off in its first session, up 58.6% at $34.90. The online pet supplies retailer priced its IPO at $22 per share, and trade...Read More
Ashford Hospitality is eyeing its worst day in nearly eight yearsMarkets are slightly lower today after Apple supplier Broadcom (AVGO) issued a revenue warning. Several other stocks are making noise today, too, including biopharma company ArQule, Inc. (NASDAQ:ARQL), travel agency Bluegreen Vacations Corporation (NYSE:BXG), and real estate name Ashford Hospitality Trust, Inc. (NYSE:AHT).Here's...Read More
Guggenheim says to buy the stock's dipGlobal Blood Therapeutics Inc (NASDAQ:GBT) stock is down 10.1% to trade at $51.70, after the California-based biopharmaceutical firm presented data for its sickle cell disease (SCD) treatment. While voxelotor met its main goal in a late-stage study, some are questioning its ability to create benefits for patients. Amid today's big move, GBT options traders are...Read More
Golden Ridge Resources Ltd. (TSXV:GLDN) (Read full newsRead More
One chip stock could extend its weekly losing streak to nineThe Fed will hold its two-day policy meeting next week, with the central bank's interest rate decision due at 2 p.m. ET on Wednesday, June 19. While CME Group's FedWatch tool pegs the odds of a June rate cut at less than 25%, traders will undoubtedly dissecta post-meeting presser with Fed Chair Jerome Powell for more hints of a July rate...Read More
Subpar inflation data was in focus ahead of next week's Fed meetingIt was a volatile week for stocks, though the major market indexes are pacing for a second straight weekly win. Traders were bursting with optimism on Monday, with the Dow clocking its sixth consecutive win -- the longest win streak in over a year -- after President Donald Trump backpedaled on his tariff threats against Mexico. How...Read More