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

Palladium prices were driven further into uncharted territory on Tuesday, briefly topping the $1,600 per ounce level on the back of an expected spike in demand from the auto sector just as top producer Russia considers banning scrap exports.The precious metal is trading more than 70% higher than this time last year.Reuters reports Russia is mulling a ban on the export of precious metals scrap and...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

James Hyerczyk21 hours ago (Mar 18, 2019 3:23 AM GMT)Gold futures closed higher last week, confirming the previous week’s closing price reversal bottom. The market was driven higher by a drop in U.S. Treasury yields. This move made the U.S. Dollar a less-desirable investment, while driving up demand for dollar-denominated gold. Helping to put a cap on gold prices was increased demand for hi...Read More

Sprott Capital Partners was lead agent for the raising at $2.67 per flow-through share and $1.95 per share. Eric Sprott's 2176423 Ontario Ltd acquired about 2.Read More

American Lithium's TLC Project near Tonopah, Nevada. Source: American Lithium Corp.American Lithium Corp. [LI-TSXV] on Tuesday March 19 released the first assays from Phase one drilling on its TLC lithium claystone project near Tonopah, Nevada.The first drill hole returned 1,109 Li over 61 metres from a near surface depth of 11 metres, including 1.5 metres of 1,615 ppm Li.Tuesday's announcement ma...Read More

Construction at Equinox Gold's Aurizona Mine in Brazil. Source: Equinox Gold Corp.Equinox Gold Corp. [EQX-TSXV; EQXGF-OTC] on Tuesday said it has completed an updated mineral resource estimate for its Aurizona gold mine in northeastern Brazil, and an updated mineral reserve and resource estimate for its Mesquite gold mine in California.Led by financier Ross Beaty, Equinox Gold is a well-funded, mu...Read More

The Debswana Diamond Company (Debswana), a 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group, is launching its Cut-9 project, to extend the life of Jwaneng Mine to 2035. The mine is expected to yield an estimated 53 million carats of rough diamonds from 44 million tons of treated material. Debswana will invest approximately US$2 billion over the life of the...Read More

Alrosa, one of the world's leading diamond miners has initiated a decision-making protocol that will determine if the company's diamond mine at the famous Mir pipe is to be permanently decommissioned or fully restored.   The protocol will require deep level exploration down to -1,300 meter to confirm the mine's reserves. These activities are scheduled to be completed by early 2022. Budg...Read More

For the ninth year in a row, Initiatives in Art and Culture (IAC) has created a two-day gathering of experts and visionaries working across various fields related to gold. From journalists and jewelry designers, to environmentalists and government regulators, an international gathering of those passionate about gold will discuss challenges the precious metal and its surrounding industries face tod...Read More

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAntofagasta said the total dividend was above its minimum pay-out policy of 35% of underlying earnings per share and equal to a 65% pay-out ratio, down from last year's pay-out ratio of 67%.Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe inferred Andrade copper deposit contains 10.8 million tonnes grading 0.56% copper and 2.56 grams per tonne silver, included within which there's an "openpit constrained" 1.3Mt of oxidised material at 0.43% copper.Aguia said the resource was located in a single structural panel, and that i...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe company has spiced up its majority-owned Productora deposit - which has a resource base of about 1.5 million tonnes of copper and 1 million ounces of gold - with two recent additions that look set to deliver critical mass for a globally-significant copper development.The first is the majo...Read More

My Dad had to put himself through college. To pay his own way, he worked a number of jobs while taking classes and studying. And to save money and time, he ate the vast majority of his meals at "greasy spoon" diners. So by the time I was born he had gained a college diploma... a solid job... and also more than a hundred pounds of extra weight. One day, when I was in elementary school, Dad decided...Read More

Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) is putting the finishing touches on a preliminary economic assessment (PEA) for its Toroparu gold project in Guyana that rescopes the project's prefeasibility study (PFS), and includes a third gold pit. It aims to table the study in a couple of months."All we're really doing is building this same concept, the same conceptual operating plan that we ha...Read More

Yesterday I discussed modern monetary theory (MMT) and how it's become very popular in Democratic circles.That's because it allows for much greater government spending without having to raise everyone's taxes. And everyday citizens could get behind it because it promises to fund lots of programs without seeing their taxes raised.What's not to like?If MMT were just a fringe idea with a few fringe f...Read More

MMT supporters will point to 2008 and say, "Just look at QE. In 2008, the Federal Reserve Balance sheet was $800 billion. But as a result of QE1, QE2, and QE3, that number went to $4.5 trillion. And the world didn't end. To the contrary, the stock market went on a huge bull run.We did not have an economic crash. And again, inflation was muted."Fed chairman Jay Powell has criticized MMT, for exampl...Read More

Good news from Trenton, New Jersey came through yesterday.A bill to legalize recreational marijuana use cleared two legislative committees and is now set to be voted on next week.This would be a big boost to the current roster of states that allow recreational use.New Jersey would be joining a roster of 10 states, adding about 9 million people to the total population, good for an 11% increase and...Read More

Artificial intelligence may revolutionize trading.Sometimes watching the market can feel like riding a roller coaster.Many investors feel glued to the news, watching the market rise and fall hundreds of points, day after day, week after week.But savvy traders know these market conditions mean huge profit potential for anyone that knows how to trade them.And one "secret" that more and more traders...Read More

Trading may not pick up until after Wednesday's Fed decisionThe Dow spent much of the day in negative territory due to more losses out of Boeing, but the blue-chip index managed to reverse higher by the close, extending its win streak to four sessions. The S&P 500 and Nasdaq followed similar paths, with both benchmarks notching modest gains after a wishy-washy session. Chances are high that many t...Read More

Analyst sentiment toward FDX is broadly optimistic, despite the dismal price actionShipping name FedEx Corporation (NYSE:FDX) is up 1.6% at $180.91 in afternoon trading, despite earlier receiving a pre-earnings price-target cut to $230 from $235 at Raymond James. The company's fiscal third-quarter earnings report is due out after the market closes this Tuesday, March 19 -- and ahead of the event,...Read More