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
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission (BCSC) for making "false or misleading statements" regarding the Pascua Lama gold deposit in Chile.The panel also permanently prohibited any trading in or purchasing of securities of Mountainstar, previously Mountain-West Resources Inc. In addition to...Read More
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission (BCSC) for making "false or misleading statements" regarding the Pascua Lama gold deposit in Chile.The panel also permanently prohibited any trading in or purchasing of securities of Mountainstar, previously Mountain-West Resources Inc. In addition to...Read More
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission (BCSC) for making "false or misleading statements" regarding the Pascua Lama gold deposit in Chile.The panel also permanently prohibited any trading in or purchasing of securities of Mountainstar, previously Mountain-West Resources Inc. In addition to...Read More
ToledoTrade is offering Schaeffer's VIPs a special introductory offer. The following is a paid advertisement. ToledoTrade may compensate Schaeffer's for referring prospects over to ToledoTrade.Starting today, a special offer with the recently launched online brokerage service, ToledoTrade, is giving Schaeffer's VIPs a special offer, including trades from $1 until 2020... or even at cost!1Why...Read More
Most analysts are skeptical of SNAPThe U.S. stock market is mixed following the release of the Fed's March meeting minutes. A number of individual stocks are making notable moves, including Snapchat parent Snap Inc (NYSE:SNAP), neurotechnology name Helius Medical Technologies Inc (NASDAQ:HSDT), and Chinese internet concern Baidu Inc (NASDAQ:BIDU). Here's a quick look at what's moving the shares of...Read More
Chile's Codelco, the world's biggest copper producer, is "perfectly well financed" for the next two years as it pushes forward with its largest-ever drive to revitalize its aging mines, Chairman Juan Benavides said on Wednesday.State-owned Codelco, which produces nearly one-tenth of the world's copper, is set to shell out $40 billion in 10 years to overhaul its century-old Chuquicamata and El Teni...Read More
Levi's March 21 IPO priced at $17Levi Strauss & Co. (NYSE:LEVI) stock is up 5.9% to trade at $23.20 today, after the apparel maker's first quarterly report as a public company raised eyebrows on Wall Street. Both first-quarter earnings and revenue exceeded analyst expectations, while its fiscal 2019 outlook also beat estimates. In response to the blowout report, options bulls have taken a greater...Read More
Spot iron ore prices rose from $75 per tonne to $95 per tonne in the weeks following the Brumadinho dam disaster at Vale's (NYSE: VALE) Feijao iron ore mine in Brazil, before settling in at about $85 per tonne, according to the latest research on the global iron ore market by the Macquarie Group.Spot prices are now back up at the $95 per tonne level as lower shipment volumes out of Australia mainl...Read More
Spot iron ore prices rose from $75 per tonne to $95 per tonne in the weeks following the Brumadinho dam disaster at Vale's (NYSE: VALE) Feijao iron ore mine in Brazil, before settling in at about $85 per tonne, according to the latest research on the global iron ore market by the Macquarie Group.Spot prices are now back up at the $95 per tonne level as lower shipment volumes out of Australia mainl...Read More
Vancouver-based Victory Metals has expanded its landholdings at the Iron Point vanadium project to 5,382 hectares due to the results from recent reverse circulation drilling. The property is about 35 km from Winnemucca.The results from the final 17 RC holes continued to expand the extent of vanadium mineralization. Here are some of the highlights:21 meters grading 0.43% vanadium pentoxide, includi...Read More
Vancouver-based Victory Metals has expanded its landholdings at the Iron Point vanadium project to 5,382 hectares due to the results from recent reverse circulation drilling. The property is about 35 km from Winnemucca.The results from the final 17 RC holes continued to expand the extent of vanadium mineralization. Here are some of the highlights:21 meters grading 0.43% vanadium pentoxide, includi...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased to announce that it has completed a second integration of its Venzee Mesh API content distribution platform with a previously announced Product Information Management (PIM) channel partner, following the release of its next-generation API.This technology channel partner is focused on digital supply...Read More
Both names are trading near historically bullish trendlinesThe shares of Florida-based freight concern CSX Corporation (NASDAQ:CSX) have flexed some technical muscle since bouncing from $59 in late December -- a level that coincides with a bull gap from last April -- and has since added 28%, to trade at $74.83. And while CSX stock pulled back after its April 2 all-time peak of $77.15, a historical...Read More
Tarku Resources (TSXV:TKU)(theRead full newsRead More
There are more than a handful of things I can cite as leading indicators for the Gold price.Ratios such as Gold against the stock market and Gold against foreign currencies are generally good leading indicators. The gold stocks and Silver can function as leading indicators at times.The yield curve and bonds can also be leading indicators.But there is one thing I've never mentioned, nor written abo...Read More
Put options are popular again todayBanking giant Citigroup Inc (NYSE:C) is down 0.4% today, trading at $64.92. As the big bank gets set to follow its sector peers into the earnings confessional early next week, Citigroup stock is flashing a bearish alarm on the charts. Since bottoming at $48.42 on Dec. 26, Citigroup stock has fought back to add 34%. However, 2019 gains have been contained by the...Read More
The FOMC meeting minutes will be released later todayThe Dow Jones Industrial Average (DJI) has traded on both sides of breakeven today, but was last seen lower, as traders await the Fed's March meeting minutes. The S&P 500 Index (SPX) and Nasdaq Composite(IXIC), on the other hand, are both in the black at midday, as investors cheer strong first-quarter earnings and guidance from Delta Air Line...Read More
Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that's stalled since 2014.A deal to develop a new platinum-group metals mine on a prospect held by Great Dyke Investment, a company jointly owned by a Russian state-controlled company and Zimbabwe's government has been sealed, Polite Kambamura, the nation's deputy mines mini...Read More
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicl...Read full newsRead More
Barrick Gold Corp. could find itself partially liable for $600 million in additional debt, if some Newmont Mining Corp. bondholders have their way.The creditors are trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada, according to people with knowledge of the matter. The change would prevent liability for those bonds from shifting t...Read More