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
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumCEO Alberto Lavandeira said Atalaya had delivered the majority of its key performance indicators ahead of or in line with expectations, whic...Read More
Eastern promise for PolarXSPONSOREDpolarxThe key to this transformation is deploying the incline block-cave mining method in the relatively modest-sized Papamono mine.Read More
Happy tax season!Or should I call it spam season?Maybe you’ve noticed the number of spam phone calls have picked up recently.Well... I’m here to tell you that the uptick is directly related to tax season.That’s because fake IRS calls are one of the easiest (and most lucrative) scams out there.If you’re unfamiliar, IRS scams usually involve fraudsters posing as agents callin...Read More
Living healthy isn’t always cheap. Everything from gym memberships or personal trainers to buying organic produce comes at a cost. When you’re living on a fixed income as you plan for retirement, you don’t want to be spending a lot of money on what could be considered luxuries. If you’re not maintaining a healthy lifestyle, you might be limiting your enjoyment of those all-...Read More
For more than a decade, investors have pumped cash into index funds and other passive investment vehicles, much to the dismay of active managers.The dollar amounts involved are staggering.As a result, the share prices of publicly traded active asset managers have struggled.But what we all need to remember is that the popularity of passive and active investments is very cyclical. And this cycle is...Read More
The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for 2018. For more detailed information, visit www.icsg.org.Mine productionPreliminary data shows that world mine production is estimated to have increased 2.3% in 2018, with concentrate production rising 2.2%, and solvent extraction-electrowinning (SX-EW)...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesMining Journal: You've worked for the...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesThe foot of central banks remains fir...Read More
The stock market ebbs and flows with shifting financial conditions... as the tide ebbs and flows with the moon's shifting humors.We are informed - reliably - that financial conditions in late 2018 were the tightest in 2 1/2 years.The results?Scott Barlow, market strategist for Canada's Globe and Mail:If I could only pick one chart to highlight the main drivers of market volatility over the past...Read More
The two most frightening words in Washington are 'bipartisan consensus.' Bipartisan consensus is when my doctor and my lawyer agree with my wife that I need help.- P.J. O'RourkeAs funny as Mr. O'Rourke is, I think that - when it comes to cannabis law - he couldn't be more wrong. Bipartisan consensus is going to drive the next round of pot profits, and the first shots have already been fired.If I h...Read More
Mining Journal: You've worked for the Chilean government and SQM - what do you think of the government's current approach to lithium producers?Read More
I’ve received tons of emails from readers like you with questions about retirement.There’s just no way I could respond to them all.And while many people don’t like getting so many emails, I do.Why?Because it means that there are existing or future retirees out there who can use my experience to live a more fulfilling retirement.That’s the reason I became a retirement coach...Read More
The joke that is the US-ChinaRead full newsRead More
Chip stocks were an outperformers in today's tradingU.S. stocks finished a choppy trading day higher, with Wall Street optimistic a U.S.-China trade deal is within reach. This, alongside strength in the tech sector, had stocks brushing off a dreary update on private payrolls. By the close, the Dow had muscled higher, while the S&P 500 and Nasdaq brought their daily win streak to five.Continue read...Read More
MGI, meanwhile, is booming after one analyst said the stock is "cheap"The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are eyeing a fifth straight gain, thanks to semiconductor strength. Among individual stocks making notable moves are alternative energy name Ocean Power Technologies Inc (NASDAQ:OPTT), money transfer firm MoneyGram International Inc. (NASDAQ:MGI), and Chinese e-commerce giant A...Read More
First Cobalt's refinery, Cobalt, Ontario. Image from First Cobalt.Toronto-based First Cobalt Corp.'s (CVE: FCC) stock soared over 38% Wednesday, after the company announced it has successfully produced a battery grade cobalt sulphate at its refinery near the town of Cobalt, Ontario.The refinery has the potential to produce up to 2,000 tonnes of cobalt product per year or more if the autoclave and...Read More
Most analysts are still bullish on the biotech name, thoughThe shares of Incyte Corporation (NASDAQ:INCY) are down 2.8% to trade at $84.30, after RBC downgraded the biotech name to "sector perform" from "outperform." The analyst in coverage doesn't see any more opportunities for near-term growth, and that its underappreciated value is already baked in. In the wake of the downgrade, INCY options...Read More
Weekly contracts are seeing an uptick in popularity Verizon Communications Inc. (NYSE:VZ) today announced it's launching its highly anticipated 5G service in Chicago and Minneapolis. In the press release, the company says customers can expect download speeds of 450 Mbps, with speeds ranging as high as 1 Gbps. To utilize the service, users will need to add a Verizon 5G moto mod to their cell phone....Read More
Honda was the only major automaker that didn't see a sales decline.Read full newsRead More
The shares tend to blossom in the month of AprilThe real estate sector emerged near the top of our internal Sector Scorecard, signaling this group has been outperforming amid relatively bearish expectations -- what we like to see as contrarians. What's more, the iShares U.S. Real Estate ETF (IYR) could enjoy some seasonal tailwinds, if recent history is any indicator, and exchange-traded fund (ETF...Read More