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
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixI inhaled.Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesProduction came from 700,304 tonnes of ore mined at an average grade of 1.2g/t gold.Read More
Eastern promise for PolarXSPONSOREDpolarxCEO Richard Adkerson told Reuters this week the company would be focused on the transition and would "be much better situated in two years' time"."We have confidence about this," he told the wire service.Eastern promise for PolarXSPONSOREDpolarx"The Grasberg asset is so special."PT-Freeport Indonesia is mining the final phase of the Grasberg openpit and is...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe Goldcorp-backed company said last week continuous channel sampling...Read More
JOHANNESBURG (miningweekly.com) – To pursue meaningful and increased exploration, fully capitalise on economic benefits and increase investment in the mining sector, the Zimbabwean government has embarked on a number of policies to engender a favourable environment for investors.Deputy Mines and Mining Development Minister Polite Kambamura told delegates attending the Harare Indaba: Investi...Read More
Graff revealed the polished diamond resulting from the 1,109-carat rough stone called Lesedi La Rona. The 302.37 carat square emerald cut diamond produced by Graff's craftsmen is the largest, highest color and highest clarity diamond ever graded by GIA and the world's largest known square emerald cut diamond. The company reported that its master polishers needed 18 months of meticulous craft...Read More
Eastern promise for PolarXSPONSOREDpolarxCentral Asia said the total dividend was in line with its policy of returning 30-50% of annual free cash flow to shareholders, representing 44% of the 2018 adjusted free cash flow.CEO Nigel Robinson said once the final dividend was paid, the company would have returned $162 million to its shareholders in the past seven years.Eastern promise for PolarXSPONSO...Read More
President Trump signed a memo last week that you didn't hear about.Its goal is to eradicate black market crimes that will soon cost economies a half trillion dollars each year - counterfeit and pirated goods.One fifth of that total - some $100 billion annually - infringes directly on American intellectual property.And while the memo didn't say it directly, Trump has retailers like Alibaba, Amazon,...Read More
In a statement released hours ago, Vale said it was awarded the amount on Friday "for fraud and breaches of warranty by BSGR in inducing Vale to enter into a joint venture to develop a concession for mining iron ore in the Simandou region".It said the Republic of Guinea revoked the concession in 2014 after a finding that BSGR had obtained it through bribery of government officials, while finding V...Read More
Trump is now threatening European Union with new trade tariffs. The move is just to support Boeing as its rival Airbus is getting more orders after a Boeing latest plane crashes. A steady decline and decay in the USA-European Union relation is happening as a result of Trump's bully attitude. Gold will rise. European Union will also reduce dependence on American exports and diversify as a counter...Read More
Trump is now threatening European Union with new trade tariffs. The move is just to support Boeing as its rival Airbus is getting more orders after a Boeing latest plane crashes. A steady decline and decay in the USA-European Union relation is happening as a result of Trump's bully attitude. Gold will rise. European Union will also reduce dependence on American exports and diversify as a counter...Read More
Source: Michael J. Ballanger for Streetwise Reports 04/08/2019Precious metals expert Michael Ballanger discusses movements in the gold and silver markets in the last week, as well as two companies on his radar screen.The past week was an exercise in total lockdown for both gold and silver as the price managers have succeeded, at least for now, in herding investor behavior into a cacophony of c...Read More
Source: Clive Maund for Streetwise Reports 04/08/2019Technical analyst Clive Maund charts gold and discusses the factors he believes point to an imminent rally.I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto. . ."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!...Read More
Queer and trans entrepreneurs are finding a home in the cannabis space.Read full newsRead More
Founded in Regina, Cova is the little-known entity behind Canada's cannabis retailers. The startup has designed POS software built specifically for cannabis.Read full newsRead More
The Aramco order book has now crossed $100 billion, making this not only the largest ever orderbook seen in emerging markets, covering 10x the $10 billion Aramco is expected to raiseRead full newsRead More
This is the third time the IMF has downgraded its outlook in six months.Read full newsRead More
The S&P closed lower for the first time in nine daysU.S. stocks finished the day in the red, with the Dow suffering a triple-digit blow on the back of trade tensions with the European Union (EU). A downwardly revised global growth forecast from the International Monetary Fund (IMF) only strengthened headwinds. Boeing's (BA) woes also weighed on the blue-chip index, with the stock sinking 1.5% aft...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
Data shows stocks with longer win streaks are more likely to close lower the next dayApple (AAPL) looked on the verge of a 10-day winning streak today before falling early afternoon and ultimately closing down on the day. That got me curious about stock winning streaks, but looking only at AAPL leaves a small sample size. I could see these situations either way: Maybe it's a good momentum play, so...Read More