The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
A five-month long strike affecting Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) gold operations in South Africa came to an end on Wednesday, after the company reached an agreement with the Association of Mineworkers and Construction Union (AMCU).Sibanye, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output bec...Read More
A five-month long strike affecting Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) gold operations in South Africa came to an end on Wednesday, after the company reached an agreement with the Association of Mineworkers and Construction Union (AMCU).Sibanye, South Africa's largest gold producer, has run up losses of about 1.6 billion rand ($114 million) and about 110,000 ounces of missed gold output bec...Read More
UK-based International Tin Association (ITA) and US-based Responsible Business Alliance has announced the signing of a memorandum of understanding aimed at promoting the responsible production and sourcing of tin."Both industry groups pioneered approaches to tackling minerals sourcing challenges from higher risk areas and intend that these experiences are used in setting a common direction for fut...Read More
Along with 25 names to beware of Markets are closed at the end of this week for Good Friday, as many get ready to celebrate Easter over the weekend. So, it's a good time to see how stocks have tended to perform around the holiday. Also, I found an interesting stat on what Easter means for the rest of the year, and finally, I'll list the best and worst stocks in the week following Easter.Stocks Per...Read More
Mabiza Resources and its major investor, London-based Consolidated Nickel Mines (CNM) announced that operations have been resumed at the Munali nickel mine in southern Zambia.The restart is taking place following a $50-million refurbishment that included the re-engineering of all key technical aspects of the project, from reinterpreting the orebody and changing the mining method, to revising the m...Read More
Highland Gold Mining Limited (LON:HGM) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of HGM, it is a depend...Read full newsRead More
Lumina Copper has halted operations at its Caserones mine, in Chile's northern Atacama region, following the death of one of its contractors.The company, majority-owned by Japan's top smelter, JX Nippon Mining & Metals, in conjunction with fellow miners Mitsui Mining and Mitsui Co., said the fatal accident happened on Tuesday afternoon outside the truck shop.Lumina noted the cause of the accident...Read More
Lumina Copper has halted operations at its Caserones mine, in Chile's northern Atacama region, following the death of one of its contractors.The company, majority-owned by Japan's top smelter, JX Nippon Mining & Metals, in conjunction with fellow miners Mitsui Mining and Mitsui Co., said the fatal accident happened on Tuesday afternoon outside the truck shop.Lumina noted the cause of the accident...Read More
Botswana's state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world's top producers.The 20.46-carat, oval-shape fancy precious rock has been named "The Okavango Blue" in honour of the Okavango Delta, the country's wildlife-rich world heritage site.From all coloured diamonds, b...Read More
Botswana's state-run Okavango Diamond Company unveiled on Wednesday what is believed to be the largest blue diamond ever discovered in the southern African country, which is one of the world's top producers.The 20.46-carat, oval-shape fancy precious rock has been named "The Okavango Blue" in honour of the Okavango Delta, the country's wildlife-rich world heritage site.From all coloured diamonds, b...Read More
Highland Gold Mining Limited (LON:HGM) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of HGM, it is a depend...Read full newsRead More
Investing.com - Prices of safe-haven gold fell on Tuesday in Asia amid more positive developments in the Sino-U.S. trade talks.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2%, at $1,288.15 per ounce by 12:55 AM ET (04:55 GMT).U.S. Treasury Secretary Steven Mnuchin said on Monday that Washington and Beijing might be “close to th...Read More
Lundin Mining's (TSX: LUN; NASDAQ: LUMI) proposed acquisition of Yamana Gold's (TSX: YRI; NYSE: AUY) Chapada copper-gold mine in Brazil for US$800 million in cash will boost its copper production over 25% per year, and add 100,000 oz. gold to annual production.The open-pit operation in Goias state could produce 54,500 tonnes copper (120.2 million lb.) and 100,000 oz. gold this year, at co-product...Read More
Vale (BZ: VALE3) said earlier a court ruling meant it could fully restart its Brucutu operations, which would return 30 million tonnes of production annually, however it did not lift its revised sales guidance due to heavy rains in March and April impacting production elsewhere. Vale closed 3.45% higher in Brazil but Australian iron ore miner Fortescue Metals Group (ASX: FMG) was down 6.7% at...Read More
The pair petitioned the US Department of Commerce under Section 232 of the Trade Expansion Act of 1962 in January 2018, seeking a 25% quota in America's nuclear market for domestic production and a "buy American" policy for US government entities that use uranium. They said the DOC had submitted its report to the White House on April 14 and president Donald Trump had 90 days from then to act...Read More
Prospecting on the Alder Zone at the Wilding Lake gold project in central Newfoundland. Source: Altius Minerals Corp.Altius Minerals Corp. [ALS-TSX; ATUSF-OTCQX] said Wednesday April 17 that it expects to have record attributable royalty revenue of $21.5 million (50 cents a share) for the quarter ended March 31, 2019. That marks an increase of 36% increase from the comparable quarter in 2018, and...Read More
Larry Reaugh, President & CEO of American ManganeseAmerican Manganese Inc. [AMY-TSXV, AMYZF-OTCPINK] on Wednesday April 17 unveiled a company innovation for recycling cathode materials from spent lithium-ion batteries.It is called RecycLico Patented Process."As pioneers in the advanced lithium-ion battery recycling market, American Manganese and its RecycLiCo Patented Process aim to promote a...Read More
"We have gold because we cannot trust governments," President Herbert Hoover famously stated in 1933 to Franklin D. Roosevelt. (CBC News)[1] Anyone who seriously claims to trust the government is either a fool carrying an empty bag or a politician.This was the same year that Roosevelt enacted the Emergency Banking Act followed one month later by the Executive Order 6102. Suddenly everyone who ha...Read More
The Fifth Mediterranean Gemmological & Jewellery Conference will take place in Limasol, Cyprus, May 17 to 19, 2019. As usual, the conference is organized by Branko Deljanin of CGL-GRS (Canada) and George Spyromilios of IGL (Greece). The first four MGJ Conferences were held in Greece (2015), Spain (2016), Italy (2017) and Montenegro (2018). In the five years since it was held first the MGJ Con...Read More
Richard "Dick" Greenwood, a well-known, highly respected and treasured member of New York's colored gemstone business community, died on April 13, surrounded by his wife and children. A memorial service will be held on Thursday, April 19th at noon, at the Riverside Memorial Chapel in Mount Vernon, NY. In a tribute, Greenwood's longtime friend and business associate, Doug Parker, wrote t...Read More