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

I have been writing for quite some time that higher crude oil prices will be a big threat to global economic growth. Iran, Venezuela and Libya crude oil is not there. May to September is the key consumption months for the year. Global economic growth will be derailed if crude oil prices continue to rise. Inflation in Asia will also rise if crude oil prices zoom. Higher crude oil prices is genera...Read More

I have been writing for quite some time that higher crude oil prices will be a big threat to global economic growth. Iran, Venezuela and Libya crude oil is not there. May to September is the key consumption months for the year. Global economic growth will be derailed if crude oil prices continue to rise. Inflation in Asia will also rise if crude oil prices zoom. Higher crude oil prices is genera...Read More

Rob McEwen of McEwen Mining shares his thoughts on recent M&A activity in the gold space and what may happen moving forward.Read full newsRead More

The biggest gainers on the TSXV last week were Diamond Fields, Azimut, Solstice, Vanstar and Galway, with four of the five focused on gold.Read full newsRead More

Despite plunging macro-economic data and slumping earnings expectations...Read full newsRead More

What does that say about the Vision Fund's investments in Uber and WeWork?Read full newsRead More

Source: Adrian Day for Streetwise Reports 04/22/2019Fund manager Adrian Day reviews the Goldcorp-Newmont merger as well as provides updates on a number of resource companies in his portfolio, including some that he sees as good buys.Goldcorp has been acquired by Newmont Mining Corp. (NEM:NYSE, 33.04). Shareholders voted in favor of the acquisition, though it was disappointing that, notwithstan...Read More

Source: Michael J. Ballanger for Streetwise Reports 04/22/2019Sector expert Michael Ballanger discusses generational attitudes toward investing and how they are affecting the precious metals markets.Masochism: "gratified by pain, degradation, deprivation, etc., inflicted on oneself either by one's own actions or the actions of others."On Friday afternoon, I completed my weekly missive, which w...Read More

This is an article regarding uranium stocks, and why you should seriously consider investing.Energy is one of the most valuable sectors of the economy, and uranium happens to represent a massive opportunity in the energy sector.Read More

Corporate earnings took U.S. markets by storm todayU.S. stocks closed significantly higher, with both the S&P 500 and Nasdaq nabbing all-time closing highs on the back of several impressive corporate earnings reports and strong housing data. The Dow also made a notable move north, settling at its highest mark since Oct. 3, after noteworthy results surfaced out of United Technologies (UTX) and Coca...Read More

The fund appears headed for its longest weekly win streak in five yearsSkyrocketing oil prices have sparked heavy options trading on United States Oil Fund (USO). The energy-focused exchange-traded fund (ETF) is up 0.9% today to trade at $13.79 -- and 10.3% higher month-to-date -- and calls are in high demand, with one bull betting on even bigger gains over the next month.Taking a quick step back,...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

Texas lawmakers created a new storage option for miners when they signed off on building America's first state-backed gold depository in 2015.The Texas Bullion Depository, currently under construction and with the capacity to house physical gold valued in excess of $100 billion will be the most secure facility outside of Fort Knox, will have the full protection of the state of Texas, and is insure...Read More

The shares are stalling near a key technical area, thoughIt's a record-setting session on Wall Street today, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) poised for all-time closing highs. Among individual stocks making notable moves are retailer Kohl's Corporation (NYSE:KSS), semiconductor name Qualcomm, Inc. (NASDAQ:QCOM), and integrated circuit specialist Silicon Motion Technology C...Read More

In November 2015, Vancouver-based Lucara Diamond Corp. announced that it had recovered a 1,111-carat diamond - the second largest, gem quality stone ever found in the world - from its Karowe mine in Botswana. Following a country-wide contest, the stone was named Lesedi La Rona - meaning "our light".Lucara put the Lesedi La Rona up for sale, but initially felt the price offered was too low. The min...Read More

In November 2015, Vancouver-based Lucara Diamond Corp. announced that it had recovered a 1,111-carat diamond - the second largest, gem quality stone ever found in the world - from its Karowe mine in Botswana. Following a country-wide contest, the stone was named Lesedi La Rona - meaning "our light".Lucara put the Lesedi La Rona up for sale, but initially felt the price offered was too low. The min...Read More

In November 2015, Vancouver-based Lucara Diamond Corp. announced that it had recovered a 1,111-carat diamond - the second largest, gem quality stone ever found in the world - from its Karowe mine in Botswana. Following a country-wide contest, the stone was named Lesedi La Rona - meaning "our light".Lucara put the Lesedi La Rona up for sale, but initially felt the price offered was too low. The min...Read More

BMO Capital Markets has initiated coverage of Probe Metals (TSXV: PRB) with an outperform rating and a C$2.00 target price-double its current share price of C$0.98.By Tuesday afternoon, the Canadian miner's stock was up 7.37% on the TSX, trading at C$1.02. The company has a C$112.8 million market capitalization.The junior explorer's 100%-owned Val d'Or East project "is one of the higher quality Ca...Read More