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
Analysts from Bernstein forecast the transition to a "green economy" providing the most upside to cobalt prices, which it expected to rise 173% in the medium-term.Read More
JOHANNESBURG (miningweekly.com) – In an industry that’s plagued by a lack of development and depleting assets, diamond exploration, evaluation and mining geologist Dr John Bristow has called on the industry to be driven by small-, medium-sized and microenterprises (SMMEs).Speaking at the South African Diamond Producers Organisation (Sadpo) conference, in the North West, on Friday, he s...Read More
In 2017, New Jersey Governor Phil Murphy ran on the promise of legalizing weed in my home state.Now, he and a fresh wave of Democratic legislators are poised to follow through on their promise with the aim of legalizing pot on March 25."It's time," said State Senate President Stephen Sweeney.Indeed it is.Ten states - Washington, Colorado, California, Nevada, Alaska, Oregon, Maine, Michigan, Massac...Read More
Northern Dynasty is set to raise US$10 million through a share selling agreement in an effort to advance its Pebble copper-gold project.Read full newsRead More
Aurex Energy Corp. (Read full newsRead More
Trade headlines and dismal data weighed on investor sentimentIt was a choppy day of trading on Wall Street, as traders digested dismal Chinese data and reports U.S. President Donald Trump and Chinese President Xi Jinping postponed a trade meeting that was expected later this month. Lackluster U.S. housing data sent stocks to their intraday lows, though the major market indexes had nearly erased th...Read More
B.C.'s biggest mining mergers and acquisitions (M&As) in 2018 doubled in value to $9.5 billion compared with $4.6 billion in 2017, which was the second-lowest-valued year for M&As since 2013.Despite the impressive growth in 2018, the annual value of B.C.'s mining M&As still has a long way to go to reach the 2015 high of $10.4 billion. In recent years, the average mining M&A deal value has grown fa...Read More
B.C.'s biggest mining mergers and acquisitions (M&As) in 2018 doubled in value to $9.5 billion compared with $4.6 billion in 2017, which was the second-lowest-valued year for M&As since 2013.Despite the impressive growth in 2018, the annual value of B.C.'s mining M&As still has a long way to go to reach the 2015 high of $10.4 billion. In recent years, the average mining M&A deal value has grown fa...Read More
B.C.'s biggest mining mergers and acquisitions (M&As) in 2018 doubled in value to $9.5 billion compared with $4.6 billion in 2017, which was the second-lowest-valued year for M&As since 2013.Despite the impressive growth in 2018, the annual value of B.C.'s mining M&As still has a long way to go to reach the 2015 high of $10.4 billion. In recent years, the average mining M&A deal value has grown fa...Read More
Even as global growth fears stir, Goldman Sachs expects solar to be strong in several international marketsFirst Solar, Inc. (NASDAQ:FSLR) continues to move higher in 2019, now up almost 29% to test the $55 mark, equivalent to a 33% decline from its 52-week high of $81.72 from April. FSLR shares earlier topped out at a roughly eight-month high of $55.62, extending a run above their 200-day moving...Read More
The federal government has announced plans to invest $72.3 million in clean technology for the Alberta oil and gas sector to address climate change and create jobs. Minister of Natural Resources Amarjeet Sohi made the announcement on March 14.The funds will go to oil sands producer Canadian Natural Resources and Titanium Corporation's Creating Value from Waste (CVW) technology.Canadian Natural wil...Read More
The federal government has announced plans to invest $72.3 million in clean technology for the Alberta oil and gas sector to address climate change and create jobs. Minister of Natural Resources Amarjeet Sohi made the announcement on March 14.The funds will go to oil sands producer Canadian Natural Resources and Titanium Corporation's Creating Value from Waste (CVW) technology.Canadian Natural wil...Read More
SANTIAGO - Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight battery metal.The $400 million plant expansion, once complete, would allow the Chinese-backed SQM to eventually produce as much as 180,000...Read More
Options volume has ramped up on PLUG and SMSI The Dow has explored both sides of breakeven today, as investors digest the latest housing data. But three penny stocks making sizable moves today are healthcare firm Atossa Genetics Inc (NASDAQ:ATOS), alternative energy name Plug Power Inc (NASDAQ:PLUG), and software concern Smith Micro Software Inc (NASDAQ:SMSI). Here's a quick look at what's got th...Read More
The activity may not be bearish, thoughWageWorks Inc (NYSE:WAGE) stock is trading at the top of the New York Stock Exchange (NYSE) today, up 29.5% at $38.69, on news the flexible benefits provider will file the bulk of its delayed financial reports with the Securities and Exchange Commission (SEC) by the evening of Tuesday, March 19. The company's fiscal 2018 report will still be delayed.WAGE stoc...Read More
After four straight months of inflows, holdings in global gold-backed ETFs and similar products fell in February by 33 tonnes to 2,479t, equivalent to $1.3 billion in outflows, and gold trading volumes decreased 5% below the 2018 averages to $104 billion per day, according to data from the World Gold Council (WGC).However, global gold-backed ETF flows remain positive on the year ($1.7 billion) on...Read More
After four straight months of inflows, holdings in global gold-backed ETFs and similar products fell in February by 33 tonnes to 2,479t, equivalent to $1.3 billion in outflows, and gold trading volumes decreased 5% below the 2018 averages to $104 billion per day, according to data from the World Gold Council (WGC).However, global gold-backed ETF flows remain positive on the year ($1.7 billion) on...Read More
AMBA has rallied 46% from its Nov. 20 lowGoPro (GPRO) supplier Ambarella Inc (NASDAQ:AMBA) has been climbing higher on the charts, now up 46% from its Nov. 20 four-year low of $30. However, one technical signalindicates AMBA's upside momentum could cool off in the near future.At last glance, Ambarella stock was trading flat, just above $43.80. Digging deeper, AMBA is now trading within one standar...Read More
The shares could extend their quest for record highsTax-preparation software maker Intuit Inc. (NASDAQ:INTU) is flirting with record highs again today, peaking at $256.45 earlier. The security has been a beast so far in 2019, rallying more than 30% and outperforming the S&P 500 Index (SPX) by nearly 17 percentage points in the past 60 sessions, guided higher atop its 10-day and 20-day moving avera...Read More
Colorado-headquartered Ceria Beverages plans to begin selling its THC-infused, non-alcoholic beers in Southern California within the next 90 days, according to co-founder Keith Villa.Read full newsRead More