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
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicals"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingI am of an age where death, while not quit...Read More
JOHANNESBURG (miningweekly.com) – President Cyril Ramaphosa is correct in stating that South Africans need to act together with urgency and boldness if they are to realise the economic opportunities before them, Eunomix CEO Claude Baissac said on Tuesday.Baissac, who was speaking to Mining Weekly Online following the finding of Eunomix that South Africa's performance in the past 12 years...Read More
What if China isn't half so desperate for a deal as the president believes?Are we in for an extended siege of economic trench warfare?Today we explore possibilities... and their implications.We first direct our gaze to Wall Street.Investors came crouching from their shelters this morning... as if expecting an aftershock to the quake that drove them underground yesterday.With Monday's 617-point bat...Read More
Once upon a time, the sun never set on the Empire.Its Army and Navy unrivaled, it was like something never seen before. In many ways, it hasn't been seen since.But in its glory it fell into decadence and it found its downfall.Overly dramatic? The trope-filled realm of what passes as drama these days?Perhaps, but we're not as far from it today as we'd pretend. I think a lot of people can feel it, a...Read More
Traders will prefer to be long gold than short gold. I was hoping that sense will prevail in Trump and that a trade deal would be done with China on the weekend. Trump tweets suggest that he has refused to budge and will not budge for the rest of the his term which ends in January 2021. It is very difficult to predict the real long term impact of the US-China trade on China and rest of the wor...Read More
Traders will prefer to be long gold than short gold. I was hoping that sense will prevail in Trump and that a trade deal would be done with China on the weekend. Trump tweets suggest that he has refused to budge and will not budge for the rest of the his term which ends in January 2021. It is very difficult to predict the real long term impact of the US-China trade on China and rest of the wor...Read More
The cannabis plant that we consume is a female plant, writes Diana-Ashley Krach. In cannabis breeding, theRead full newsRead More
Source: Adrian Day for Streetwise Reports 05/07/2019Fund manager Adrian Day reviews a handful of non-resource companies and provides updates on a number of gold companies in his portfolio.Kingsmen Creatives Ltd. (KMEN:SI, 0.555), designer and manufacturer of high-end retail stores and more, is one of those companies whose very business is under threat by the internet. Kingsmen, however, has ar...Read More
The S&P and Nasdaq also logged their worst losses in monthsThe Dow took a beating today, following China's retaliatory tariff hikes on $60 billion in U.S. goods. The index fell over 600 points by the end of the day, and marked its worst one-day percentage drop since early January. Tech and trade-sensitive stocks like Boeing (BA) were some of the hardest hit, and an inverted yield curve once again...Read More
Big-box retailers aren't selling CBD yet, but they're busy getting ready for the day when they can. The Post has learned that top executives at major chains such as Walmart and Target have been qui...Read full newsRead More
The price of copper dropped to a 15-week low on Monday after China fired back in the mounting trade war with the US. In afternoon trade, copper for delivery in July touched $2.709 a pound ($5,972 a tonne), down 2.4% from Friday's settlement.China will match 25% tariffs on $60 billion of goods imported from the US including precious stones like diamonds, rubies and emeralds, iron ore, and nickel,...Read More
Analyst have been hammering down on these stocks China's tariff retaliation has stocks pacing toward their worst day in months. Also in focus this afternoon are Dublin-based Endo International PLC (NASDAQ:ENDP), investment management firm Invesco Ltd. (NYSE:IVZ), and fast food concern Restaurant Brands International Inc (NYSE:QSR). Below, we will dive into what is moving the shares of ENDP, IV...Read More
It has been said there is a massive paradigm shift going on in the world - a shift that is only slightly perceptible to some - but one that is already revolutionizing the mining industry. Picture an image of a city block at the turn of the 20th century. Horse-drawn carriages fueled by grass and hay were the main method of transportation on dirt roads during the agricultural era. Fast for...Read More
It has been said there is a massive paradigm shift going on in the world - a shift that is only slightly perceptible to some - but one that is already revolutionizing the mining industry. Picture an image of a city block at the turn of the 20th century. Horse-drawn carriages fueled by grass and hay were the main method of transportation on dirt roads during the agricultural era. Fast for...Read More
Call traders could be betting on a 100%+ move from the sharesInsys Therapeutics Inc (NASDAQ:INSY) said after the close on Friday that it may need to file for bankruptcy because of its inability to pay for legal fees surrounding its fentanyl scandal. The stock has lost almost one-third of its value today to trade at $0.92, touching its lowest levels since 2011. Still, some risky speculators may be...Read More
British Columbia's top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver's Biggest Mining Companies in B.C. list.In 2015, Teck Resources Ltd. (TSX:TECK.B) (No.1 on BIV's list) and Goldcorp Inc. (TSX:G) (No. 2) suffered massive declines in net income.Teck's net income fell by $2.87 billion to $2.48 billion in the red...Read More
British Columbia's top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver's Biggest Mining Companies in B.C. list.In 2015, Teck Resources Ltd. (TSX:TECK.B) (No.1 on BIV's list) and Goldcorp Inc. (TSX:G) (No. 2) suffered massive declines in net income.Teck's net income fell by $2.87 billion to $2.48 billion in the red...Read More
British Columbia's top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver's Biggest Mining Companies in B.C. list.In 2015, Teck Resources Ltd. (TSX:TECK.B) (No.1 on BIV's list) and Goldcorp Inc. (TSX:G) (No. 2) suffered massive declines in net income.Teck's net income fell by $2.87 billion to $2.48 billion in the red...Read More
British Columbia's top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver's Biggest Mining Companies in B.C. list.In 2015, Teck Resources Ltd. (TSX:TECK.B) (No.1 on BIV's list) and Goldcorp Inc. (TSX:G) (No. 2) suffered massive declines in net income.Teck's net income fell by $2.87 billion to $2.48 billion in the red...Read More
More than 680,000 AAPL options have traded todayApple Inc. (NASDAQ:AAPL) is down 5.8% to trade at $185.81, on track for its worst one-day drop since Jan. 3. Not only is the reignited U.S.-China trade war weighing on the shares, but an unfavorable Supreme Court ruling is allowing an antitrust lawsuit against Apple and its App store to proceed. In response, options traders have come out greater-than...Read More