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

Investing.com - Gold prices traded near flat on Friday in Asia as traders remained cautious after the U.S. Federal Reserve's decision to keep interest rate decision unchanged.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, was largely unchanged at $1,272.85 per ounce.The yellow metal recorded its biggest one-day percentage decline in more than two...Read More

SQM has $1.3 billion in debt and while it has just $8 million of debt maturing this year, it has $265 million of debt maturing in 2020, $15 million in both 2021 and 2022 and $385 million in 2023.SQM produces 70,000 tonnes per year of lithium carbonate and 13,500tpy of lithium hydroxide from its Salar de Atacama operations in Chile, as well as other chemicals, helping it to net income of $439.8 mil...Read More

The Gemological Institute of America (GIA) will host a panel discussion entitled "Embracing Sustainability Amid New Consumer Expectations," at the JCK Las Vegas Show on Friday, May 31, at 12:00 p.m. The panel will be moderated by Susan Jacques, GIA president and CEO and five experts will address the need for sustainability in day-to-day operations of small and large companies in the gem and jewelr...Read More

"Mother's Day spending has been growing consistently over the past several years, and this year's spending is expected to be the highest in the 16-year history of our survey," NRF President and CEO Matthew Shay said. "Consumers are excited to celebrate all the moms in their lives, and retailers are ready to inspire consumers with unique gift options." While the number of people celebrating Mo...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsExploration spend over the past 10 years totalled US$25.8 billion, well above the $15.4 billion allocated from 1990 to 2008. Yet, that spend yielded 102.4 million tonnes of copper in 21 major discoveries, compared with 992.5Mt in 199 discoveries in the preceding 19 years."Even after adjusting for copper in recently identified deposi...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsIt processed 364,176 tonnes of ore through the Nugget Pond copper and gold milling facility at a feed grade of 1.24% copper and 0.57g/t gold.Read More

The annual contribution limit to all of your traditional and Roth IRAs for 2019 is $6,000, or $7,000 if you're age 50 or older. Your traditional IRA contributions may be tax-deductible. The concept being that you deduct contributions during your high-tax-rate years, let them grow tax-deferred, and withdraw them when your tax rate is lower.However, the deduction may be limited if you or your spouse...Read More

We have spent the past two days contemplating the nature of money... and the international monetary system.We hypothesized that there is no actual money in monetary policy. And that central banks are helpless giants, tissue paper tigers, all mush and milk.We even vented the extravagant theory that a "shadow banking system" governs the global monetary system.Today we sink deeper into the shadows...Read More

President Trump doesn't shy away from executive orders.He's already issued more than 100.But a few certainly stand out.The "Muslim Ban," or "Travel Ban," for instance - Executive Order 13769.This order was by far his most controversial. And after being challenged in court, it was scaled back in accordance with the law.Ultimately, the Department of Homeland Security stopped enforcing portions of th...Read More

In 2018, global gold mining companies' average all-in sustaining costs (AISC) fell 6% across the board as miners reacted to a gold price in steady decline for most of the year.The AISC metric serve as a benchmark of a mine's operating efficiency. They provide a more comprehensive look at mine economics than the traditional "cash costs" approach that many companies may interpret arbitrarily - and i...Read More

Interest rates outlook was expected to be kept unchanged by the Federal Reserve. Fed also lowered interest rates paid on reserves. Chairman Powell's statement that that inflation risk appears to have been moderated resulted in fall in gold prices. What next for gold: Wider trading range is at $1249.60-$1263.20-$1280-$1297.10. Overall trend is down as long as gold trades below $1291. Gold needs t...Read More

Interest rates outlook was expected to be kept unchanged by the Federal Reserve. Fed also lowered interest rates paid on reserves. Chairman Powell's statement that that inflation risk appears to have been moderated resulted in fall in gold prices. What next for gold: Wider trading range is at $1249.60-$1263.20-$1280-$1297.10. Overall trend is down as long as gold trades below $1291. Gold needs t...Read More

A mineral resource estimate is an essential step for any mining company working towards the production phase of a new asset.Read full newsRead More

Investors continue to fret over Fed Chair Jerome Powell's comments The Dow fell for the second day in a row, dropping over 120 points, as investors continue to stew over Fed Chair Jerome Powell's comments on Wednesday. Elsewhere, House Speaker Nancy Pelosi accused Attorney General William Barr of misleading Congress over special counsel Robert Mueller's report, calling his action a "crime." Agains...Read More

Pancontinental Resources Corporation (TSXV:PUC) has released its monthly battery metals report, which updates its shareholders on the company's activities as well as trends in the battery sector.Read full newsRead More

TMAC Resources has recorded its first positive earnings for Q1 2019. The quarterly revenue was C$67.9 million (compared to C$33.0 million in the same quarter a year earlier). That translated into a comprehensive profit of C$7.2 million for the recent quarter (compared to a Q1 2018 loss of C$15.0 million) after taxes, foreign exchange, corporate costs and cost of sales.TMAC produced 40,050 oz. of g...Read More

TMAC Resources has recorded its first positive earnings for Q1 2019. The quarterly revenue was C$67.9 million (compared to C$33.0 million in the same quarter a year earlier). That translated into a comprehensive profit of C$7.2 million for the recent quarter (compared to a Q1 2018 loss of C$15.0 million) after taxes, foreign exchange, corporate costs and cost of sales.TMAC produced 40,050 oz. of g...Read More

TMAC Resources has recorded its first positive earnings for Q1 2019. The quarterly revenue was C$67.9 million (compared to C$33.0 million in the same quarter a year earlier). That translated into a comprehensive profit of C$7.2 million for the recent quarter (compared to a Q1 2018 loss of C$15.0 million) after taxes, foreign exchange, corporate costs and cost of sales.TMAC produced 40,050 oz. of g...Read More

Toronto-based Kirkland Lake Gold can't seem to miss drilling high grades at its Macassa gold project in the town of Kirkland Lake. Recent excellent results highlight the potential for growing resources and new discoveries, says the company.Drilling east of the South Mine Complex (SMC) has returned 118.8 g/t gold over 2.0-metres core length, 62.7 g/t over 1.9-metre true width, and 73.8 g/t over 2.7...Read More

Toronto-based Kirkland Lake Gold can't seem to miss drilling high grades at its Macassa gold project in the town of Kirkland Lake. Recent excellent results highlight the potential for growing resources and new discoveries, says the company.Drilling east of the South Mine Complex (SMC) has returned 118.8 g/t gold over 2.0-metres core length, 62.7 g/t over 1.9-metre true width, and 73.8 g/t over 2.7...Read More