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
According to several sources, no less than 77 cooperatives have been authorized to explore diamonds in a number of Angolan provinces of by state diamond company Endiama. The spokesperson for Operation Transparency's Advanced Command post, commissioner Ant?? ?nio Jos?? (C) Bernardo, said the cooperatives will operate in the provinces of Lunda Norte, Lunda Sul, Malanje, Uige, Kwanza Sul and Kwa...Read More
Even though we are told the economy is doing great, all the evidence shows that main street Americans are struggling more and more every day...Read full newsRead More
How you can transform lagging indicators into leading indicators.No one ever said trading was going to be easy.Sometimes, do-it-yourself investing can feel about as scientific as throwing darts... and many traders give up, unable to figure out how they can break through the endless cycles of mediocre - or even straight up abysmal! - results.And when even the supposed "market gurus" or "experts" do...Read More
A financial re-set could lead to the biggest political event in decades.The American financial system may be headed towards a crisis, unlike anything the U.S. has seen in the last 50 yearsOne financial guru is predicting a political event that could "reset" the financial system in ways that many Americans will never predict -- and it could lead to "a national nightmare."With growing inequality cau...Read More
James Hyerczyk15 hours ago (May 31, 2019 9:47 AM GMT)Gold futures are trading higher on Friday, putting the market in a position to finish the week and the month with solid gains. It took a while for gold prices to get rolling to the upside in May. The fundamental events were there, but buyers first had to establish support and a value zone.The price action indicates that the value area is a techn...Read More
Long-term care for a semi-price room in a nursing home averages $6,844 per month according to the U.S. Department of Health and Human Services.Many Americans can't afford such costs, so they often look to the option of last resort: Medicaid. Medicaid is a program that provides health care to some middle-income families, even though it's frequently thought to only be for the poor. Coverage include...Read More
Strategist, lawyer and author Bill Gallagher is an expert on Canada's Indigenous People and their land rights, and how they relate to resource development in the country.Based in Waterloo, Ont., Gallagher is the author of two popular books on the topic: the recently published "Resource Reckoning: a Strategist's Guide from A to Z" and the 2012 milestone "Resource Rulers: Fortune and Folly on Canada...Read More
Publisher's Note: We live in an unprecedented time, but we can rely on knowledge and experience nonetheless. That's why we're bringing you Mr. James Dines' analysis today.Read on for an excerpt from the latest edition of The Dines Letter to capitalize on his unique and authoritative view on debt, currency, and how gold is more important than ever.Call it like you see it,Nick Hodge"The creditor h...Read More
Albion Process Technology is helping mining companies realize increased mine profitability through high gold and silver recoveries.Read full newsRead More
If gold has not risen to $1350 in the next two weeks, then when will it rise? Apart from a strong US everything is bullish. (a) Trade war is between USA-China, USA-Eurozone. (b) Friendly Mexico will be imposed twenty five percent tariff until it stops illegal migrants from entering USA. (c) Every corporate is now cautious dealing with American companies and has starting taking measures to redu...Read More
If gold has not risen to $1350 in the next two weeks, then when will it rise? Apart from a strong US everything is bullish. (a) Trade war is between USA-China, USA-Eurozone. (b) Friendly Mexico will be imposed twenty five percent tariff until it stops illegal migrants from entering USA. (c) Every corporate is now cautious dealing with American companies and has starting taking measures to redu...Read More
"The price drop is to make Tesla more accessible,"Read full newsRead More
President Donald Trump said he would impose a 5% tariff on imports from Mexico The Dow ended more than 350 points lower, after President Donald Trump's surprise tariff threats against Mexico. In a series of tweets, the president said he would impose 5% tariffs on Mexican imports starting June 10, and will increase those tariffs until Mexico stops illegal immigration. Auto stocks, especially Genera...Read More
UBER is trading in positive territory after losing a billion dollars U.S. markets are taking a massive blow this afternoon, as President Donald Trump continues to ramp up global trade tensions. A pair of stocks also in focus today are ride-hailing service Uber Technologies Inc (NYSE:UBER) and drug name Genocea Biosciences Inc (NASDAQ:GNCA). Below, we will dive into what is moving the shares of UBE...Read More
GDX, GLD, and NEM are all seeing heavy options trading todayAnother sharp sell-off in the U.S. stock market is boosting gold prices as traders seek safe-haven assets. This has sparked heavy options trading among several gold exchange-trade funds (ETFs) and mining stocks, including the VanEck Vectors Gold Miners ETF (GDX), the SPDR Gold Trust (GLD), and Newmont Goldcorp Corp (NYSE:NEM). Here's a cl...Read More
How you can transform lagging indicators into leading indicators.No one ever said trading was going to be easy.Sometimes, do-it-yourself investing can feel about as scientific as throwing darts... and many traders give up, unable to figure out how they can break through the endless cycles of mediocre - or even straight up abysmal! - results.And when even the supposed "market gurus" or "experts" do...Read More
Major indexes are set for their worst month of 2019The holiday-shortened and final week of May had no shortage of headlines, with another round of trade-induced fear taking investors by storm. Specifically, the Dow plunged to start the week, after President Donald Trump claimed the U.S. was "not ready" to make a trade deal with China. The U.S. 10-year Treasury yield suffered in response, exploring...Read More
Japan Gold (TSXV:JG)(OTCQB:JGLDF) (Read full newsRead More
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) reported Friday Meliadine mine-its largest gold deposit in terms of resources - has achieved commercial production ahead of schedule and below the initial capital budget.With the gold price reaching a seven-week high, Agnico's shares were up 4.5% to C$59.20 in mid-morning trading on the TSX.Total project construction costs after crediting pre-commercial gol...Read More
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) reported Friday Meliadine mine-its largest gold deposit in terms of resources - has achieved commercial production ahead of schedule and below the initial capital budget.With the gold price reaching a seven-week high, Agnico's shares were up 4.5% to C$59.20 in mid-morning trading on the TSX.Total project construction costs after crediting pre-commercial gol...Read More