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 following is a transcript of remarks made by Cameco (TSX: CCO; NYSE: CCJ) president and CEO Tim Gitzel during the company's first quarter conference call on May 1 on the topic of uranium markets and Cameco's production strategy. In the first quarter, Cameco had an adjusted net loss of $33 million on uranium mining revenues of $207 million and fuel services revenues of $83 million.Tim GitzelIn...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 chemicalsIt's remarkable how often over the past 15 years the debt advisory team at Noah's...Read More
Cannabis accounted for 60.5% of all trading volume and 76% of all capital raised on the Canadian Securities Exchange (CSE) in 2018 - some C$3.99 billion of the $5.22 billion total in 270 transactions.Cannabis stocks claimed eight of the top 10 positions for the most value traded on the TSXV and two of the top 10 on the TSX where five banks and three energy companies dominate. In terms of volume tr...Read More
ABC News reported that, despite the faster pace of economic growth, the retail sector had shed 49,100 jobs in the past 12 months. But the National Retail Federation seems to disagree. "Retail job losses appear to reflect broader changes in the economy as more Americans have shifted their spending online and stores close after decades of overexpansion. But the government figures don't tel...Read More
Mountain Province Diamonds (MPVD) announced upcoming changes to its board of directors. One new board member is William Lamb, the former Chief Executive Officer of Lucara Diamond Corp. In addition to Lamb, two new directors, Tom Peregoodoff and Brett Desmond will be joining the board pursuant to election. MPVD Chair Jonathan Comerford commented: "We are very pleased to welcome Tom, William, and Br...Read More
Stornoway Diamond Corporation announced that the Renard Mine rescue team won all awards at the 57th Quebec Provincial Mine Rescue Competition. The competition took place between May 2 and 4 in La Sarre, Quebec. The Renard Mine team won all awards: Best BG4 Breathing Apparatus Mechanics; Best Theoretical and Technical Performance; Best First Aid Performance; Best Team Management; and...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 maplecroftThe latest assay highlights from 10 holes at the Kamoa North bonanza zone include 13.6m at 18.48% copper...Read More
As we age we eventually reach our Golden Years. It's a point where we expect to do things we couldn't do earlier in life due to factors such as family, work, or financial obligations. It's a time when we hope to continue growing as individuals by pursuing personal interests, hobbies, or even second careers, as our health permits. If nothing else, old age should be a time that is worry-free, peacef...Read More
One of Ecuador's largest private conglomerates with investments in everything from deep-water ports to real estate to agriculture has chosen Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its Curipamba project as its first investment in the country's mining sector."I would equate them to Votarantim of Brazil, with fingers in everything," says Christian Kargl-Simard, president and CEO of Adventus...Read More
Canadian diamond miner Mountain Province on Monday announced that former Peregrine Diamonds CEO Tom Peregoodoff and former Lucara Diamond Corp CEO William Lamb would join its board of directors following the annual general meeting (AGM) next month.Investment professional Brett Desmond, who is also the son of Mountain Province’s major shareholder Dermot Desmond, would also join the company&rs...Read More
President Trump shocked markets yesterday when he announced that a new, heavy round of tariffs on Chinese goods will take effect this Friday. Complacent markets had assumed that a trade deal would get done, that it was just a matter of sorting out the details. Now that is far from certain. Failing a last minute deal, which is certainly possible, the trade war is back. And it could get worse.What m...Read More
The cannons are readied, bayonets are fixed... the bugle is ready to blow.Diplomacy has failed.The trade war will resume this Friday - should 11th-hour negotiations fail.The 10% tariff on $200 billion worth of Chinese wares becomes 25%.And President Trump threatens to order 25% imposts on an additional $325 billion "soon."Existing tariffs are "partially responsible for our great economic results,"...Read More
I've written to you several times - and highlighted an opportunity recently - about the clear mega-trend that is the electrification of everything.I've also written to you several times about how metals like copper, lithium, and graphite, which are critical to this mega-trend, are going to see higher prices as under-investment and a lack of meaningful discoveries exacerbate the problem of providin...Read More
Ethiopian Prime Minister Abiy Ahmed has been named as laureate of the 2019 edition of the F?(C)lix Houphou?<
Learn how to protect savings and maximize returns by investing in precious metals.Gold Trust would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals 2019!Their goal is to help regular investors learn the "pro" secrets...Read More
Following a two-month blockade that ended in mid-April, negotiations are still ongoing between Peruvian authorities, the community of Nueva Fuerabamba and Minera Las Bambas, a joint venture project between MMG, a wholly-owned subsidiary of China's Guoxin International Investment, and CITIC Metal Co. Ltd.On May 6 and 7, a new meeting is to be held as the community is pushing for two bills before Co...Read More
Following a two-month blockade that ended in mid-April, negotiations are still ongoing between Peruvian authorities, the community of Nueva Fuerabamba and Minera Las Bambas, a joint venture project between MMG, a wholly-owned subsidiary of China's Guoxin International Investment, and CITIC Metal Co. Ltd.On May 6 and 7, a new meeting is to be held as the community is pushing for two bills before Co...Read More
Following a two-month blockade that ended in mid-April, negotiations are still ongoing between Peruvian authorities, the community of Nueva Fuerabamba and Minera Las Bambas, a joint venture project between MMG, a wholly-owned subsidiary of China's Guoxin International Investment, and CITIC Metal Co. Ltd.On May 6 and 7, a new meeting is to be held as the community is pushing for two bills before Co...Read More
South Africa's largest gold producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), as the other top gold and platinum producers in the country, are preparing to hold wage negotiations in Q2-2019, and are bracing themselves to what is coming up, in particular with the belligerent Association of Mineworkers and Construction Union or AMCU.AMCU was responsible leading 70,000 mineworkers in the longest, mo...Read More
South Africa's largest gold producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL), as the other top gold and platinum producers in the country, are preparing to hold wage negotiations in Q2-2019, and are bracing themselves to what is coming up, in particular with the belligerent Association of Mineworkers and Construction Union or AMCU.AMCU was responsible leading 70,000 mineworkers in the longest, mo...Read More