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 global equity recovery that took benchmarks to a five-month high is now showing signs of cracking amid weakening data and a pivot by global central banks away from monetary normalisation, which itself reflects concerns about the outlook, Bloomberg said.Gold was above US$1,316 an ounce on the spot market earlier and gold equities were a standout on global markets.Australian-based gold major New...Read More
Rubicon's Phoenix Gold Project in the Red Lake mining camp of northwestern Ontario. Source: Rubicon Minerals Corp.Rubicon Minerals Corp. [RMX-TSX; RBYCF-OTC] on Monday March 25 released its plans for advancing its flagship Phoenix gold project near Red Lake, Ontario, this year.The company said it aims to produce a NI 43-101 mineral resource estimate in the first half of 2019, based on 20,000 metre...Read More
Wallbridge Mining's Fenelon gold property in northwestern Quebec. Source: Wallbridge Mining Co. Ltd.Wallbridge Mining Co. Ltd. [WM-TSX; WC7-FWB] shares were active Monday March 25 after the company released encouraging results from its 100%-owned Fenelon gold property in northwestern Quebec.Wallbridge said the first hole of its 2019 drill program has intersected multiple visible gold-bearing shear...Read More
Life doesn’t always go according to plan… or ummm script. Really, if you rewind the tape to just a few years ago (or even in the summer of 2016 when I more or less decided it was time to pursue early FI full-time), I couldn’t have predicted that I’d be in the situation that I find myself in currently…Personally, I think the unpredictably of real life is what makes it...Read More
Baselworld runs until March 26, 2019. And while the show has been and still is heavily criticized, there is also some good news. At the opening press conference, it was announced that in 2018, the Swiss Watch industry recorded a 6.3 percent increase in exports, and had reported a turnover of CHF 21.2 billion. But some already had made up their mind about this year's edition of the...Read More
Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpRed Mountain contains the Dry Creek and...Read More
Western Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroft"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt is looking to raise funds in the com...Read More
THE GAME IS RIGGED!Consider this alert your fair warning.This week, you're going to see A LOT of publicity dedicated to hot technology companies like Lyft, Uber, Pinterest and Airbnb.That's because all of these companies (and a few more) are on deck to go public through an initial public offering (IPO). This is typically how new stocks are added to the market and how individual investors like you...Read More
I've told you in the past how the IRS can derail your travel plans if you don't pay your taxes. Today I want to shine some light on common travel myths that are likely costing you more money than you think.According to travel research app Hopper, domestic flight prices will rise to about $229 round trip in April, from $218 in February - and up to $251 by June. As airfare climbs the closer we get t...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftOdd as it might sound, the best way into palladium at this late stage of a spectacular rally is through another metal that has similar chemical properties when used as an auto-catalyst in the exhaustRead More
The Battle of Britain (1940) was one of the most famous and important conflicts in history. The Battle of Brexit is proving no less decisive even if the weapons are financial and political, not kinetic.The U.K. joined the European Communities in 1973 and that membership was ratified by a U.K. referendum in 1975. Membership divided the right and left in U.K. politics in the late 1970s and 1980s wit...Read More
The U.K. Brexit referendum on whether to remain with or leave the European Union (EU) took place on June 23, 2016. The result was a clear victory for the "leave" forces. But markets were shocked. All the "experts" had predicted voters would elect to stay.I was among the few to prepare investors for that shock. In the days before the vote, I urged my readers to short the British pound and buy gold....Read More
Aim-listed Botswana Diamonds has confirmed that its Thorny River diamond dyke project, in South Africa, remains on track to start bulk sampling and diamond production by the middle of this year.Bulk sampling is anticipated to start in May, assuming final permits are obtained in time, and will ramp up to 20 000 t a month.AdvertisementBotswana Diamonds on Monday said that, during its interim fi...Read More
Joining us today is Almaden Minerals (NYSE: AAU) (TSX: AMM) President & CEO Morgan Poliquin.With gold now having firm support above $1,300/oz. Almaden's Ixtaca project is looking fantastic. Read on for the latest information on it.To your wealth,Gerardo Del RealEditor, Junior Mining Monthly and Junior Mining Trader.Gerardo Del Real: This is Gerardo Del Real with the Outsider Club. Joining me tod...Read More
Precious metals were supported by a down dollar after the US Federal Reserve decision to pause interest rate hikes for 2019.Read full newsRead 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
Peru's Minister of Energy and Mines, Francisco ??smodes, and the Vice-Minister of Territorial Governance, Ra??l Molina, held a meeting this weekend with the Cusco Regional Governor, Jean Paul Benavente, where they addressed the situation regarding a blockade affecting Las Bambas copper mine.For 48 days now, the Indigenous community of Nueva Fuerabamba has blocked Chinese miner MMG Ltd from using a...Read More
Peru's Minister of Energy and Mines, Francisco ??smodes, and the Vice-Minister of Territorial Governance, Ra??l Molina, held a meeting this weekend with the Cusco Regional Governor, Jean Paul Benavente, where they addressed the situation regarding a blockade affecting Las Bambas copper mine.For 48 days now, the Indigenous community of Nueva Fuerabamba has blocked Chinese miner MMG Ltd from using a...Read More
Researchers at the University of Massachusetts Lowell developed a technique that uses only water, carbon dioxide and cobalt metal particles that have surface nanostructures measuring billionths of a meter in size, to produce hydrogen on demand at relatively low temperature and pressure and to use to power the next generation of electric vehicles.According to David K. Ryan, the project's principal...Read More
The world's top diamond producer by output, Alrosa (MCX:ALRS), ran an experiment at its Zapolyarnaya pipe, which is a part of the Verkhne-Munskoye deposit in the west of Yakutia, and found that the area has the potential to become one of its richest in large diamonds deposits.The test, which took place from March 11 to March 15, 2019, consisted in feeding the processing plant N12 in the town of Ud...Read More