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
This is the second major Kazakh listing of the past five months, after Kazatomprom joined the LSE with a 15% float in November.Read More
A 76-kg gold-rich specimen from the Beta Hunt mine in Western Australia. Source: RNC Minerals.RNC Minerals [RNX-TSX; RNKLF-OTCQX], aka Royal Nickel Corp., shares were active Tuesday March 26 after the company announced a $12 million bought deal financing, and a purchase option on a gold processing facility in Australia.RNC said the potential purchase of the Higginsville mill and mining operation...Read More
Underground test mining at the Fortune Minerals NICO Project, Northwest Territories. Photo courtesy Fortune Minerals Ltd.Fortune Minerals Ltd.'s [FT-TSX; FTMDF-OTCQX] previously announced plan to build a metals processing facility in Saskatchewan has been hit with a setback after the company's application to change the zoning on the project site was rejected by the local municipality.The rezoning...Read More
The Antwerp World Diamond Centre (AWDC) and the Alibaba Group are selling Antwerp-sourced diamonds in an online flagship store called "Shape of Antwerp" Tmall. As the world's second-largest market for polished diamonds, China is generating tremendous opportunities for the diamond consumer market as a whole. T-Mall, Alibaba's B2C marketplace, reportedly is the largest B2C platform in Ch...Read More
Alrosa, a world leader in diamond mining, reported that global sales of diamond jewelry had grown four percent 2018 compared to the previous year, reaching $85.9 billion. In 2017, the global jewelry market grew with five percent, compared to 2016. The firm said that the lower numbers for 2018 growth were a result "of a slowdown in key consumption markets in the second half of 2018." While in the f...Read More
Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting treated diamonds, laboratory grown diamonds (LGDs) and simulants is introducing a new device which widens the range of detectable merchandise to include all rough and polished stones in the lower yellowish-to-light-brown colour ranges. Like other detection apparatus developed by Diamond Ser...Read More
South Australian drilling company Marmota Limited has identified new gold deposits in Goshawk territory and outside the discovery zone based on the biogeochemical testing of tree leaves for minerals. Recent results surrounding a December assay test at the Aurora Tank in the far north of South Australia has yielded levels of high-grade gold intersections - 88 grams per tonne of gold in existing are...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe analysis, published in the Journal of Cleaner Production 220 (2019), found 75% of deposits faced environmental, social or governance challenges that could impede their development.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsCodelco stated SNC-Lavalin failed to meet its commitments under a $260 million contract including quality issues and delays in subcontractor payments and project execution.The news follows earlier profit warnings issued by the Montreal-based company related to aa engineering, procurement and...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAs the company has previously reported, outbound copper concentrate transport is being interrupted by a community blockade 136km from the mine.The blockade is related to a compensation claim for the a pre-existing easement on the Yavi Yavi farmland transferred to the Fuerabamba community as p...Read More
Do you ever wonder why lottery winners sometimes go bankrupt, even after winning big? Why some people keep balances on their credit cards and pay high interest rates when they have savings available to pay the bill?And why it seems so hard for Americans to set aside regular savings for retirement, even though they know they should?These paradoxes can all be traced back to one concept you may have...Read More
British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp's decision to award its chairman, Ian Telfer, a US$12-million retirement allowance.BCI, which provides investment management services to B.C.'s public sector and has $145.6 billion under management, says the retirement allowance is...Read More
It looks like the Fed has finally reached the point where it should admit that, despite all its efforts, it can't put the economy back together again.All of its efforts and actions over the last 10 years need to be second guessed right now.Economic indicators are flashing red. We're looking at a significant moment with yield curve inversions, and there are few tools left for the Fed to deploy.The...Read More
Codelco stated SNC-Lavalin failed to meet its commitments under a $260 million contract including quality issues and delays in subcontractor payments and project execution.The news follows earlier profit warnings issued by the Montreal-based company related to aa engineering, procurement and construction contracts with the world's largest copper producer to replace the Chuquicamata copper smelter...Read More
EB Tucker shares his thoughts on the gold market and his strategies for investing. He also discusses the appeal of royalty company Metalla.Read full newsRead More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
The Dow eked out a win, thoughIt was a volatile start to the final trading week of the first quarter, with stocks reacting to news out of D.C., namely President Donald Trump's tweets of "Total EXONERATION" following Attorney General William Barr's summary of Special Counsel Robert Mueller's report. The latest round of U.S.-China trade talks were also in focus, while last week's yield curve inversi...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
KBH has earnings this week, on top of a number of economic reports on the housing marketKB Home (NYSE:KBH) is preparing to report earnings after the close tomorrow, March 26, and the options market is foreseeing greater-than-normal volatility following the event. By the numbers, the stock has averaged a 4.1% swing after earnings during the past eight quarters, but this time around speculators are...Read More
Arctic Star Exploration of Vancouver has begun this year's exploration program at the 40% owned Diagras joint venture diamond property near Lac des Gras, NWT. Margaret Lake Diamonds holds the remaining 60% and is the project operator.The Diagras property covers 22,595 hectares with a total of 23 known kimberlites on trend with the Diavik mine. This year's work will include gravity, magnetic and el...Read More