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
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
Altech ticks boxes on path to production SPONSOREDaltech chemicalsFirst pass mapping and sampling at Target 15 at Porvenir has extended the porphyry copper-gold mineralisation at Cacharposa Creek on the Porvenir 2 concession, where rock sampling returned anRead More
United States Senator Lisa Murkowski (R-Alaska) and three Senate colleagues on the Senate Committee on Energy and Natural Resources took a bipartisan legislative step in early May to remedy the U.S. economy's apparent over-reliance on foreign sources of "critical minerals," such as the battery minerals lithium, rare earth elements, graphite, cobalt and nickel that are crucial to emerging 21st cent...Read More
"The two largest economic powerhouses, the US and China, either will be at a trade war or a trade peace and in reality there's only a couple of people who know the answer to that and it isn't those of us on Wall Street," Glenview Capital Management CEO Larry Robbins told Bloomberg TV."It's going to be expected that there's some volatility into this critical week."European and Toronto market future...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 chemicalsThe Mongolian parliamentary working group had last month reportedly recommended on...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftResults included 37.6m grading 2.03% copper, 0.19g/t gold, 9.88g/t silver, 0.36% zinc, and 0.01% cobalt...Read More
One of the downsides to saving large sums of cash is it starts to burn a hole in your pocket. When I was a kid, my grandparents would occasionally give me a $10 bill after I'd go visit for a week. I had zero tolerance for saving back then, so I would spend it on candy and comic books almost immediately. Since then, I've built up a pretty good tolerance against spending cash. I've seen too many fin...Read More
SANTIAGO, CHILE - Rules which once helped turn Chile into a mining powerhouse have become a weight around its neck.Chile's place as the world's largest copper producer looks assured. Production last year hit a record 5.8 million tonnes, equivalent to 29% of global mine output and almost double its nearest rival Peru.Mining companies are readying projects worth US$65 billion, which could lift prod...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 chemicalsMy dear old dad is living proof that a little knowledge is a dangerous thing.Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsIt posted net income of $15.3 million compared to a net loss of $1.4 million in the same period of 2018 and almost 37% higher than the $11.2 million reported in the past quarter. It reported revenues of $72 million, an 81% increase over the $39.7 million achieved during the same period of 2018 but 15% lower than the $85.1 mill...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 chemicalsIron ore fine output was 11% lower on the year to 72.9 million tonnes, while pelle...Read More
The Wall Street Journal did not mince words earlier this year when it ran an essay with the title Only Nuclear Energy Can Save the Planet.The message was clear: Do the math on replacing fossil fuels. To move fast enough, the world needs to build lots of reactors.I've been saying this for years, telling anyone who'd listen that nuclear energy is the cleanest, safest form of baseload electricity the...Read More
Trump and his twitter trumpet of reigniting trade war failed to life gold price yesterday. Short covering will be there if gold breaks and trades over $1290-$1292 zone. Silver needs to trade over $1500 to rise further. Copper and crude oil may have formed a short term bottom yesterday. "Akshay Tritiya" demand if it comes in below expectations in India can result in small correction in gold pri...Read More
Trump and his twitter trumpet of reigniting trade war failed to life gold price yesterday. Short covering will be there if gold breaks and trades over $1290-$1292 zone. Silver needs to trade over $1500 to rise further. Copper and crude oil may have formed a short term bottom yesterday. "Akshay Tritiya" demand if it comes in below expectations in India can result in small correction in gold pri...Read More
Stephen J.J. Letwin, CEO of IAMGOLD, spoke with INN about the current climate of the gold space at this year's Mines and Money New York.Read full newsRead More
On May 6, 2019 Crop Infrastructure (CROP.C) announced that it has bought a suite of Recreational Cannabis licenses and the 1,012-acre Nevada property in its Elite Ventures Group 49% interest holding. "This is the largest transaction CROP has ever completed," stated CEO Michael Yorke, "Crop now has the largest licensed recreational cannabis farm in the ...Read full newsRead More
The sell-off was sparked by fears of an escalating trade war between the U.S. and ChinaThe Dow dove deep into the red today, ending with a loss of more than 470 points, as traders brace for increased tariffs on $200 billion in Chinese goods. Specifically, should the two countries not reach a trade deal, U.S. Trade Representative Robert Lighthizer said the U.S. will hike tariffs on Friday, May 10,...Read More
According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million. Operating cash flow grew 95% to $174.4 million, and that resulted in record free cash flow of $93.1 million, an 85% jump from Q1 2018 and up 8% over Q4 2018.During the first quarter of this year, the company's revenue grew 54% to a record $304.9 million...Read More
According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million. Operating cash flow grew 95% to $174.4 million, and that resulted in record free cash flow of $93.1 million, an 85% jump from Q1 2018 and up 8% over Q4 2018.During the first quarter of this year, the company's revenue grew 54% to a record $304.9 million...Read More
According to Q1 results, Kirkland Lake Gold is headed for a profitable 2019. The company said its cash position was up 25% to reach $83.9 million. Operating cash flow grew 95% to $174.4 million, and that resulted in record free cash flow of $93.1 million, an 85% jump from Q1 2018 and up 8% over Q4 2018.During the first quarter of this year, the company's revenue grew 54% to a record $304.9 million...Read More