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
The Dubai Multi Commodities Centre (DMCC) announced it will host the first-ever rough laboratory-grown diamond (LGD) tender at its Dubai Diamond Exchange (DDE) in Almas Tower, Dubai, United Arab Emirates (UAE). The tender is "in line with DMCC's strategy to attract, facilitate and drive new trade flows through Dubai," the DMCC said in a statement. Organised and managed by Tony's Auction Worl...Read More
The Antwerp World Diamond Centre (AWDC) announced it will celebrate the centennial of the "Tolkowsky cut," the famous round brilliant diamond cut that has set the global standard for quality diamond cutting. On May 27, AWDC will mark this milestone with a major event in Antwerp's diamond district. It will stage an event called "100 Years Brilliant" and also hold a street festival. Tolkowsky, a sci...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsRambler's shares (AIM:RMM) jumped 40.91% Thursday to 3.88p (US5.Read More
If you're over 50, chances are the decision to retire won't be yours. A new data analysis by ProPublica and the Urban Institute found that more than half (56%) of U.S. workers over 50 have been fired, forced to retire early, or pushed out of their jobs before they were ready to retire.What's more, one third of these pushed-out workers go on to be fired from two or more jobs before leaving the work...Read More
The American Exploration & Mining Association (AEMA) has made the following statement in response to the Subcommittee on Energy and Mineral Resources Hearing discussing Rep. Ra??l Grijalva's (D-Ariz.) Hardrock Leasing and Reclamation Act of 2019:The sweeping changes in Rep. Grijalva's legislation are unnecessary and a disaster in the making for the domestic mining industry and for America.The fact...Read More
The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada.The YMP Scholarship Fund is a a registered charity that donates 100% of its receipts to students via this scholarship program, and is eligible to offer tax receipts to its donors. These latest scholarships are being funded by Barrick...Read More
Quebec-focused Monarch Gold (TSX: MQR; US-OTC: MRQRF) is taking a 14.2% stake in Unigold (TSXV: UGD), whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes grading 1.59 grams gold per tonne for 2 million oz. gold.Monarch has acquired a block of 6.5 million Unigold shares from an investor at a price of 11.5 ? per share for $747,500, payable by the i...Read More
White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsLast week's ‘From the Capital' column described gold as the most disappointi...Read More
I'm writing to you from what has been called the happiest place in the world: Copenhagen, Denmark.It's a beautiful, sprawling, historic city covered in lush parks and bustling with Danes zipping around town on bicycles. But I'm not here to sightsee...I'm here to uncover the next wave of cannabis legalization.I am attending the first annual European Cannabis Symposium, which has brought together br...Read More
Last week the president thundered for a 100-basis-point rate cut... and a resumption of quantitative easing.But why has President Trump raged anew for rate cuts?After all…Latest GDP officially hums at a tuneful 3.2% - and official unemployment scarcely has existence.Is it simply because the president is a "low interest rate guy"?Is he merely setting his cap for 2020? Or is his concern far mo...Read More
Stock bump should be very bullish for gold. I write once again that short covering and subsequent long position building will be there if gold manages to trade over $1292. If gold rises till Monday close, then I am very confident of a $1310 and $1330. Rise and fall both will be big. Silver will lag gold but will rise if supported by gold. Two big crude oil consuming nations India and China hav...Read More
Stock bump should be very bullish for gold. I write once again that short covering and subsequent long position building will be there if gold manages to trade over $1292. If gold rises till Monday close, then I am very confident of a $1310 and $1330. Rise and fall both will be big. Silver will lag gold but will rise if supported by gold. Two big crude oil consuming nations India and China hav...Read More
A wave of consolidation is coming in the gold mining industry, but don't count on buyers overspending on assets, B2Gold Corp. chief executive officer Clive Johnson said."You have an environment now where people are learning their lesson, which is don't get in bidding wars and pay crazy premiums to acquire companies," Johnson said in a telephone interview Wednesday. That means "companies that aren'...Read More
A wave of consolidation is coming in the gold mining industry, but don't count on buyers overspending on assets, B2Gold Corp. chief executive officer Clive Johnson said."You have an environment now where people are learning their lesson, which is don't get in bidding wars and pay crazy premiums to acquire companies," Johnson said in a telephone interview Wednesday. That means "companies that aren'...Read More
U.S. and Chinese officials will talk trade tomorrowAfter a shaky start, the Dow managed to rebound around midday, and was up more than 150 points at its session peak. However, the index erased most of those gains by the close, and the S&P and Nasdaq settled a volatile session lower, as Wall Street weighed the latest trade headlines. While President Donald Trump said Chinese Vice Premier Liu He is...Read More
Nevada Copper Corp's (TSX: NCU) announced a series of deals on Wednesday to finance its 100%-owned Pumpkin Hollow copper project through to completion targeted for the final quarter of the year.The company HQ'ed in Reno, Nevada entered into a $115 million credit agreement with Germany-based KfW IPEX-Bank and also announced a public share offer and concurrent private placements to raise $30m, two...Read More
Nevada Copper Corp's (TSX: NCU) announced a series of deals on Wednesday to finance its 100%-owned Pumpkin Hollow copper project through to completion targeted for the final quarter of the year.The company HQ'ed in Reno, Nevada entered into a $115 million credit agreement with Germany-based KfW IPEX-Bank and also announced a public share offer and concurrent private placements to raise $30m, two...Read More
Nevada Copper Corp's (TSX: NCU) announced a series of deals on Wednesday to finance its 100%-owned Pumpkin Hollow copper project through to completion targeted for the final quarter of the year.The company HQ'ed in Reno, Nevada entered into a $115 million credit agreement with Germany-based KfW IPEX-Bank and also announced a public share offer and concurrent private placements to raise $30m, two...Read More
May 8, 2019 - New York, NY - Toronto, ON - NexTech AR Solutions (the "Company" or "NexTech") (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) today announced that it joined Khronos an exploratory group of leading retailers, manufacturers, and technology companies in a groundbreaking collaboration to establish 3D commerce standards and guidelines. The exploratory group was formed by Khronos (R) ...Read full newsRead More
Walmart plans to hike the buying age for tobacco sales to 21Stocks have made an unexpected turnaround this afternoon, following confirmation out of the White House that China is ready to make a trade deal. Also making moves this afternoon are Cincinnati-based Workhorse Group Inc (NASDAQ:WKHS), tobacco name Philip Morris International Inc. (NYSE:PM), and biopharma Protagonist Therapeutics Inc (N...Read More