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
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
Millennial Lithium (TSXV: ML) announced that its Pastos Grandes Salar lithium brine project in Argentina is now home to a solar-powered permanent project center, which includes a 60-100 person camp with dorms and other facilities, an on-site laboratory, and a process pilot plant under construction.In a media statement, the Vancouver-based miner highlighted that a state-of-the-art hybrid solar powe...Read More
Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More
On the TSX last week, North American Palladium, Xanadu Mines, Copper Mountain Mining, eCobalt Solutions and Excelsior Mining all made the cut.Read full newsRead More
Newmont Mining Corp. said Monday its board of directors have unanimously rejected Barrick Gold Corp.'s hostile buyout bid, saying theRead full newsRead More
Commodities Analysis by David I. Kranzler covering: XAU/USD, US Dollar Index Futures, Gold Futures. Read David I. Kranzler's latest article on Investing.comRead full newsRead More
Hui Ka Yan, Chairman of Evergrande, China's biggest property developer, announced it would sell all its properties at a 10% discount after its home sales tumbled in January amid a cooling market.Read full newsRead More
Investing.com – The prospect of a trade deal between the U.S. and China as early as this month helped shore up stocks around Asia but pushed down gold on Monday.Gold futures for April delivery on the?EUR?Comex?EUR?division of the New York?EUR?Mercantile Exchange fell 0.13% to $1,297.45 a troy ounce by?EUR?9:37 AM ET (02:37 AM GMT) Monday morning.Gold has lost some of its shine for investors...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsHe said the company was ready to kick off development of its $1.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsHe said the country had US$59.Read More
Deep Yellow Limited (ASX:DYL) has started the final 3,000-metre leg of a 12,000-metre reverse circulation (RC) drilling program aimed at increasing resources at the Reptile Uranium Project in Namibia.The final leg, which started on March 4, has a two-fold focus:Follow-up resource drilling to test for resource upgrade of other specific uranium-rich tributaries identified in the area east of Tu...Read More
Vale's New York-listed shares closed up 0.24% yesterday, however, but were 1.6% lower after hours.Authorities had pushed for certain Vale dismissals on Friday. More than 300 people are dead or still missing since Vale's Feijão dam burst on January 26.Meanwhile, the benchmark S&P/ASX200 was lower this afternoon after global market indices were mixed yesterday.The gold price has tumbled b...Read More
The provisional value from global sightholder and auction sales was down from $500 million in the first cycle of the year and also lower than the second cycle of 2018's $563 million.It was also the lowest value since the ninth cycle of 2018 when $442 million worth of rough stones were sold.CEO Bruce Cleaver said while overall demand for lower value rough diamonds had remained subdued, the company...Read More
The Zaldivar copper mine in Chile. Source: Barrick Gold Corp.After a week of verbal sparring over a proposed merger, the ceos of Barrick Gold Corp. [ABX-TSX, NYSE] and Newmont Mining Corp. [NEM-NYSE]were set to meet in New York late Tuesday. Newmont CEO Gary Goldberg told Bloomberg News that he won't be discussing Barrick's bid for his company, but rather Newmont's proposal for a joint venture aro...Read More
Drilling operations at Newrange Gold's Pamlico Project in western Nevada. Source: Newrange Gold Corp.Newrange Gold Corp. [NRG-TSXV] Chairman Bob Carrington said Monday the company hopes to announce a resource estimate this year for its flagship Pamlico gold project in Nevada. Carrington spoke to Resource World Magazine while attending the Prospectors and Developers Association of Canada (PDAC...Read More
Full Article: Gold will keep rising - here are 13 ways to profit from the rallyBy: Michael BrushGold has rallied 12% since last August, but it's still a buy. So are gold mining stocks. The metal and mining companies look like a good hedge against possible global turbulence, stagflation or recession ahead. Gold is a play on possible dollar weakness, too.Full Article: Gold will keep rising - here...Read More
The Canadian federal government has announced an investment of C$5.1-million in two projects to support resource development in the mineral-rich Slave Geological Province (SGP) – an area in the eastern Northwest Territories and western Nunavut.The two projects entail planning for the development of an all-season access corridor and an exploration development initiative.AdvertisementA lack of...Read More
Diamond miner De Beers on Tuesday reported that the value of its rough diamond sales for cycle two of the year was $490-million, compared with $500-million in cycle one and $563-million in cycle two of 2018.This brings the provisional total for rough diamond sales to date this year to $990-million.AdvertisementDe Beers sold about $5.39-billion of rough diamonds in 2018, and about $5.31-billion of...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsRoyal Road will pay an initial US$4.Read More
I recently told you about my weekend hospital visit that totaled $30,124 from a surfing accident I had back in December. Fortunately, my insurance erased more than 90% of that bill and the total cost for the stay ended up being just a couple grand. But what if I didn't have insurance or what if my visit wasn't covered? I've been thinking more about what people do when they're stuck with high ho...Read More