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

WASHINGTON (AP)Read full newsRead More

Zinke says his work won't constitute lobbyingRead full newsRead More

WASHINGTON (AP)Read full newsRead More

Eastern promise for PolarXSPONSOREDpolarxThe company has filed a prefeasibility study that considers an independent and phased openpit operation at Pumpkin Hollow, which will be value accretive for shareholders.Read More

Lukewarm investor sentiment for natural diamonds seems to contradict the stable demand and favourable supply forecasts for natural diamonds, US-based diamond analyst Paul Zimnisky notes in a statement released last week. He recalls that during State-owned Russian diamond company Alrosa’s Capital Markets Day, on March 18, the company noted that the questions most frequently asked during one-o...Read More

I remember the first time I met Montel Williams...Yes, THE Montel Williams, made famous during the 1990s talk show boom. He wasn't Oprah, and he sure as hell wasn't Geraldo Rivera, but he split the difference between the "hand to hold, give me tissues" and the hard-hitting "we need to explore this topic" host.I liked him immediately. In our conversations, Montel just brought it, with vigor...I'll...Read More

Russia’s predominantly State-owned global diamond mining major, Alrosa, and Angola’s State-owned national diamond mining company, Endiama, signed a memorandum of understanding (MoU) early this month.This marks the latest stage in the development of the relationship between the two entities, which have been cooperating for more than 25 years. They are the cofounders and main shareholder...Read More

Newtrax's annual revenues have grown fivefold in the past five years to circa US$20 million, making it a sizeable player in an expanding underground hard-rock mine wireless IoT market.Read More

There is no hope for gold and silver next week if they do not see short covering and rise. Physical demand for gold and silver will be high in Asia and more so in India and Indonesia as they open after a holiday. Risk traders use a buy on sharp dips strategy with a stop loss below $1255 for Monday and a stop loss below $1440 for silver for Monday. Copper is bullish and seems headed for $310 next...Read More

There is no hope for gold and silver next week if they do not see short covering and rise. Physical demand for gold and silver will be high in Asia and more so in India and Indonesia as they open after a holiday. Risk traders use a buy on sharp dips strategy with a stop loss below $1255 for Monday and a stop loss below $1440 for silver for Monday. Copper is bullish and seems headed for $310 next...Read More

Travelers and American Express posted notable earningsStocks closed higher on the last day of the holiday-shortened week, with the Dow notching a triple-digit gain on the back of outperforming blue chips and better-than-expected March retail sales data. Specifically, Travelers (TRV) and American Express (AXP) both traded near the top of the Dow after earnings. The S&P 500 and Nasdaq ended in posit...Read More

Canarc Resources (TSX: CCM) has wrapped up a preliminary economic assessment of its New Polaris gold project in northwestern British Columbia that indicates the project could produce 80,000 ounces of gold per year over an 8.7 year mine life. By market close the Vancouver-based junior's stock had jumped 20%.The study assigns New Polaris a $216 million after-tax net present value at a 5% discount...Read More

Canarc Resources (TSX: CCM) has wrapped up a preliminary economic assessment of its New Polaris gold project in northwestern British Columbia that indicates the project could produce 80,000 ounces of gold per year over an 8.7 year mine life. By market close the Vancouver-based junior's stock had jumped 20%.The study assigns New Polaris a $216 million after-tax net present value at a 5% discount...Read More

Canarc Resources (TSX: CCM) has wrapped up a preliminary economic assessment of its New Polaris gold project in northwestern British Columbia that indicates the project could produce 80,000 ounces of gold per year over an 8.7 year mine life. By market close the Vancouver-based junior's stock had jumped 20%.The study assigns New Polaris a $216 million after-tax net present value at a 5% discount...Read More

La Caisse de Depot et Placement du Quebec has acquired an additional 1 million shares in Osisko Metals (TSXV: OM), which is developing two zinc mining camps in Canada.The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014, and purchased the additional shares this week from Osisko Metal's executive chairman, Robert Wares, who now owns 9.5% of the company.Osisk...Read More

La Caisse de Depot et Placement du Quebec has acquired an additional 1 million shares in Osisko Metals (TSXV: OM), which is developing two zinc mining camps in Canada.The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014, and purchased the additional shares this week from Osisko Metal's executive chairman, Robert Wares, who now owns 9.5% of the company.Osisk...Read More

Roxgold (TSE: ROXG) announced Thursday that the deal to acquire from Newcrest a portfolio of 11 exploration permits in C??te d'Ivoire, including the S?(C)gu?(C)la gold project, has completed.The Canadian miner paid $20 million upfront, to be followed by a $10 million deferred payment due when S?(C)gu?(C)la reaches production.S?(C)gu?(C)la is Roxgold's second major project after the Yaramoko gold m...Read More

Roxgold (TSE: ROXG) announced Thursday that the deal to acquire from Newcrest a portfolio of 11 exploration permits in C??te d'Ivoire, including the S?(C)gu?(C)la gold project, has completed.The Canadian miner paid $20 million upfront, to be followed by a $10 million deferred payment due when S?(C)gu?(C)la reaches production.S?(C)gu?(C)la is Roxgold's second major project after the Yaramoko gold m...Read More

SPLK was poised to bounce from a historically bullish trendlineSubscribers to Schaeffer's Weekly Options Trader service more than doubled their money in just two weeks with the Splunk Inc (NASDAQ:SPLK) weekly 4/12 116-strike call. Below, we will dive into why we anticipated a fast and aggressive upside move from the software stock, and how the options trade unfolded.When we first recommended the c...Read More

PINS stock began trading on the Big Board earlier todayBlue chips are outperforming on the final trading day of the week, thanks to positive earnings reactions for American Express (AXP) and Travelers Companies (TRV). Among other names making notable moves are social media stock Pinterest Inc (NYSE:PINS), rare genetic disease specialist Mustang Bio Inc (NASDAQ:MBIO), and cannabis issue Canopy Grow...Read More