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
I fear stock market crashes. When writing about investing every week, the specter of a big crash scratches the back of your mind like a trapped rodent. One often wonders what it will take to bring stocks back to Earth... especially after a bull market that has lasted longer than almost every other one in history.We've been riding too high for too long, and as a colleague once told me when I starte...Read More
Shares of Greatland surged close to 27 percent after the miner announced a farm-in agreement with Australian gold miner Newcrest.Read full newsRead More
Collaboration between two leading mining software providers, MICROMINE and IMDEX, has brought together detailed geoscience analytics with sophisticated 3D modelling and mine design software to enhance the geological modelling workflow.MICROMINE worked with its industry peer for several months to integrate output from IMDEX's ioGAS solution into the next major release of its 3D modelling and mine d...Read More
President Trump said the U.S. will ground BA's 737 MAX 8 planesThe Dow was up more than 220 points at its session peak, with Wall Street's risk appetite fueled by some encouraging economic data. The Dow briefly pared the bulk of these gains after President Donald Trump said the U.S. will ground Boeing's (BA) 737 MAX 8 planes. However, the blue-chip index muscled back to a triple-digit gain by the...Read More
The tobacco company's affiliate, Criticality, just opened a new hemp processing plantAurora Cannabis (ACB) isn't the only pot stock making gains today. Pyxus International Inc. (NYSE:PYX) is up 2.6% at $28.69,on news that the tobacco company's hemp processing partner, Criticality, opened a new plant in Wilson, North Carolina. The hemp processed at the facility will be used in "Korent," Criticali...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
Gone are the days where the economics of sustainability meant mining companies had to choose between what was best for their bottom line and what was best for the environment and the communities their mines affect, a BDO report, Impressions from PDAC 2019, released this week finds.Among the reports key findings are that sustainability pressure turns into competitive advantage. After stakeholder p...Read More
The video game stock is higher on high-profile takeover chatterTake-Two Interactive Software, Inc. (NASDAQ:TTWO) stock is trading at the top of the S&P 500 Index (SPX) -- up 5.4% at $94.71 -- as rumors swirl of a potential Sony (SNE) takeover. Options traders are taking note as the shares head toward their best day of the year, with calls running at almost six times the average intraday pace.By th...Read More
Hexo Corp is ramping up its efforts at producing recreational marijuanaThe Dow is on the mend today thanks to aBoeing (BA) bounce and upbeat economic data. Among stocks making notable moves today, orphan disease specialist Akari Therapeutics PLC (NASDAQ:AKTX) and cannabis company Hexo Corp (NYSEAMERICAN:HEXO) are higher, while EpiPen rival Insys Therapeutics Inc (NASDAQ:INSY) is sharply lower. Her...Read More
Is the "fear gauge" on the verge of a breakout?Unless you've been hiding under a rock, you're probably aware that the U.S. stock market has been on fire in 2019. In fact, the S&P 500 Index (SPX) is on pace to top the key 2,800 level today, eyeing its highest close since early October, before the massive fourth-quarter sell-off. As such, the Cboe Volatility Index (VIX) -- also known as Wall Street'...Read More
SNAP has shed 43% year-over-yearSocial media names Twitter Inc (NYSE:TWTR) and Snap Inc (NYSE:SNAP) are both flat in today's trading, but that could change soon. Below, we'll dive into how TWTR and SNAP have been faring on the charts, and see why history indicates now may be a good time to bet on the shares' next leg lower.Twitter Stock Struggles Against ResistanceShares of TWTR have been moving...Read More
Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los Filos underground mine.The study outlines development of the Bermejal underground mine, enlarging the Los Filos open pit, creating two distinct phases for the Bermejal pi...Read More
Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los Filos underground mine.The study outlines development of the Bermejal underground mine, enlarging the Los Filos open pit, creating two distinct phases for the Bermejal pi...Read More
Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los Filos underground mine.The study outlines development of the Bermejal underground mine, enlarging the Los Filos open pit, creating two distinct phases for the Bermejal pi...Read More
Monarques Gold Corp. of Montreal saw visible gold in 12 of the first 41 holes drilled to date at its McKenzie Break deposit 35 km north of Val d'Or. One of those holes returned a bonanza of 265.00 g/t gold over 0.6 metre.The second set of results, while not that high, still qualify for the "high grade" category:Hole MK-18-216: 24.40 g/t gold over 2.0 metres, including 93.80 g/t over 0.5 metre;Hole...Read More
Monarques Gold Corp. of Montreal saw visible gold in 12 of the first 41 holes drilled to date at its McKenzie Break deposit 35 km north of Val d'Or. One of those holes returned a bonanza of 265.00 g/t gold over 0.6 metre.The second set of results, while not that high, still qualify for the "high grade" category:Hole MK-18-216: 24.40 g/t gold over 2.0 metres, including 93.80 g/t over 0.5 metre;Hole...Read More
Monarques Gold Corp. of Montreal saw visible gold in 12 of the first 41 holes drilled to date at its McKenzie Break deposit 35 km north of Val d'Or. One of those holes returned a bonanza of 265.00 g/t gold over 0.6 metre.The second set of results, while not that high, still qualify for the "high grade" category:Hole MK-18-216: 24.40 g/t gold over 2.0 metres, including 93.80 g/t over 0.5 metre;Hole...Read More