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
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsModern mining had barely scratched the surface of the significant mineral endowment held in this developing region, a recent PDAC 2019 forum heard.Read More
Turning the big 4-0 with nothing in the bank for retirement isn't ideal but it's reality for a lot of Americans today.The Employee Benefits Research Institute reports that 37% of all employees age 35-44 and 34% of employees age 45-54 have less than $1,000 saved for retirement. If you fall into this camp, take comfort in knowing you're not alone. But realize you have a big hill to climb if you want...Read More
If there’s one text you don’t want to receive from your teen driver, it’s this one:“Hey Dad, give me a call. I just got in an accident and hit a Porsche”You better believe I called David right away. Not because I was worried about the Porsche or the expense at all. I wanted to know that my son was alright!Fortunately, no one was hurt. The Porsche stopped suddenly when...Read More
Global iron ore markets are under great stress in the wake of Vale's horrific tailings-dam disaster near Brumadinho in Brazil, which has resulted in 10% of the world's iron ore production being removed from the market.Matt SimpsonIron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF) and CEO of merchant bank Forbes & Manhattan, joins the podcast to explain...Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resources"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftSocial opposition remains key industry hurdle in ColombiaSPONSOREDverisk maplecroftIt's been some years since I have been to the far east o...Read More
International nonprofit organisation Global Witness (GW) has welcomed the World Diamond Council’s (WDC’s) response to the government-led Kimberley Process (KP) certification scheme, but says more needs to be done.The organisation pointed out in a release that the WDC had, in recent weeks, issued statements that acknowledge serious human rights concerns in the diamond mining sector, whi...Read More
Now that hemp-derived cannabidiol (CBD) is legal in the United States, the scramble is on to secure market share.It's legal because hemp contains little Tetrahydrocannabinol (THC) - the stuff that gets you high.As of December 20, 2018, as long as it's less than 0.3% THC, Uncle Sam says it's ok.The money is moving in.Last fall, Canopy Growth (NYSE: CGC)(TSX: WEED) paid C$429 million to acquire Ebbu...Read More
Wish everyone a very colorful holiThe region between $1290-$1310 is a very dangerous zone for day traders. Right now gold is bullish and looks headed for $1330+. Trend (after FOMC) in gold and silver n Thursday and Friday is the key. There will be buyers on dips and short covering if gold and silver rise on the latter half of the week. Brexit is still in a limbo. China buying more farm products...Read More
Wish everyone a very colorful holiThe region between $1290-$1310 is a very dangerous zone for day traders. Right now gold is bullish and looks headed for $1330+. Trend (after FOMC) in gold and silver n Thursday and Friday is the key. There will be buyers on dips and short covering if gold and silver rise on the latter half of the week. Brexit is still in a limbo. China buying more farm products...Read More
President Trump said trade talks were going well, thoughThe Dow was up 195 points at its session peak, but erased these gains by the close after Bloomberg News suggested some U.S. officials are concerned China could have second thoughts on certain trade concessions. This offset assurances from President Donald Trump that, "Talks with China are going very well," given at a press conference earlier...Read More
First Vanadium's (TSXV: FVAN) stock was up over 5% on Tuesday after announcing that it has more than doubled the size of its Carlin vanadium property in Nevada from 1,331 acres to 3,177 acres.The company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims. The new claims provide...Read More
First Vanadium's (TSXV: FVAN) stock was up over 5% on Tuesday after announcing that it has more than doubled the size of its Carlin vanadium property in Nevada from 1,331 acres to 3,177 acres.The company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims. The new claims provide...Read More
GES has seen long-term support at the 360-day moving averageRetail giant Guess?, Inc. (NYSE:GES) is down 1.5% at $22.50 at last check, moving lower as investors gear up for the company's fourth-quarter report, which is slated for after the close tomorrow, March 20. Below we will dive into the options market's outlook on the stock's post-earnings move, and take a look at how the retailer has been...Read More
Almaden Minerals' (TSX: AMM) stock jumped over 5% on Tuesday, following the release of its 2019 report on corporate social responsibility, which described the community-related activities the company has been engaged for over 15 years at the Ixtaca precious metals project in Puebla State, Mexico.Since first arriving at Ixtaca in 2001, Almaden has worked transparently to interact in a culturally a...Read More
Almaden Minerals' (TSX: AMM) stock jumped over 5% on Tuesday, following the release of its 2019 report on corporate social responsibility, which described the community-related activities the company has been engaged for over 15 years at the Ixtaca precious metals project in Puebla State, Mexico.Since first arriving at Ixtaca in 2001, Almaden has worked transparently to interact in a culturally a...Read More
The shares have already had a big yearSoftware stock Five9 Inc (NASDAQ:FIVN) has been a steady climber from the past year, adding roughly 74% in the past 12 months. The shares have been consolidating near their all-time highs, recently finding a floor atop their earnings day low from February, right above the 50-day moving average. As such, it could be a good time to get behind this outperformer a...Read More
Equinox Gold has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the end of 2017 the company has increased its reserves 470% to 5.5 million oz. gold.The company updated Aurizona's resource with 13,635 metres of infill and step out drilling on the western end of the Piaba deposit completed since July 20...Read More
Equinox Gold has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the end of 2017 the company has increased its reserves 470% to 5.5 million oz. gold.The company updated Aurizona's resource with 13,635 metres of infill and step out drilling on the western end of the Piaba deposit completed since July 20...Read More
Equinox Gold has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the end of 2017 the company has increased its reserves 470% to 5.5 million oz. gold.The company updated Aurizona's resource with 13,635 metres of infill and step out drilling on the western end of the Piaba deposit completed since July 20...Read More
Equinox Gold has boosted resources at its Aurizona gold mine in northeastern California and reserves and resources at its Mesquite gold mine in California. Since the end of 2017 the company has increased its reserves 470% to 5.5 million oz. gold.The company updated Aurizona's resource with 13,635 metres of infill and step out drilling on the western end of the Piaba deposit completed since July 20...Read More