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 PolarXSPONSOREDpolarxIn the face of increasing levels of complaints from local communities about miners using freshwater sources, the DGA aims to make it more difficult for them to access the precious resource by moreRead More
Could you use some extra cash? Donating body materials can be akin to a part-time job. And the pay is often better than driving for a ridesharing company or working as a retail clerk. We'll start with the easiest way to earn money with your body and work our way to the more complex.1. Hair - up to $1,500 ... or more!Buyers want healthy, attractive hair for wigs, extensions, and art projects. Hair...Read More
State governments are sitting on boatloads of unclaimed dollars. Right now Florida alone is holding $1 billion, Washington ... $1.3 billion, Illinois ... $2.9 billion, California ... a whopping $9.3 billion, New York ... a jaw dropping $14 billion. And the billions keep pouring in. According to the National Association of Unclaimed Property Administrators (NAUPA), in FY 2015, $7.763 BILLION wa...Read More
Acquiring unpatented mining claims on federal "public lands" in the United States is considerably different than acquiring tenures under the mining law in Canada or elsewhere in the world where a "registration" system is used to validate claim ownership.The U.S. law is based on the General Mining Law of 1872. Under that law, the right to locate is "self-initiated" (meaning no act of the federal go...Read More
If you are reading this on a cell phone or a computer, you have fueled the demand for the dozens of minerals that go into those devices. Copper, nickel, zinc, cobalt, gold, silver - just to name a few - are the backbone of the ever-growing digital economy. The greater the Cloud, the more expansive the search for and production of the Earth's bounty of minerals.It's the same in the technological pr...Read More
On January 3, China landed a spacecraft on the far side of the moon - a historic first.Another milestone was reached yesterday, when SpaceX launched the first commercial lunar lander on behalf of Israel.If it succeeds, Israel will become the fourth country to make it to the moon, behind Russia, America, and China.Of course, it won't be the last... even in just 2019.Because two more moon missions a...Read More
Aim-listed BlueRock Diamonds has sold the 8.97 ct diamond and the 16.28 ct diamond, that it recovered earlier this month at its Kareevlei diamond mine, in the Kimberley region of South Africa.The 8.97 ct diamond achieved a price of $8 306/ct, valuing it at $74 513, while the 16.28 ct diamond sold for $4 849/ct, valuing it at $78 947.Advertisement“We have sold two high-quality . . . D-colour...Read More
The company's share price fell more than 14 percent over the day following the release of a PEA for the Rovina Valley project.Read full newsRead More
The stock that Marin Katusa has been touting as his "FOREVER ROYALTIES" stock in my opinion is Lucara Diamond. He has pitched Lucara many times as you can see here. The royalty part com...Read full newsRead More
The stock that Marin Katusa has been touting as his "FOREVER ROYALTIES" stock in my opinion is Lucara Diamond. He has pitched Lucara many times as you can see here. The royalty part com...Read full newsRead More
The latest Democrat clearly failing to understand that the answer to solving debt is not more debt is Illinois governor J.B. Pritzker.Read full newsRead More
Reports are circulating that the U.S. and China are seemingly nearing a trade agreementA mostly downbeat round of economic data resulted in a risk-off session on Wall Street today, which only compounded concerns about the economy highlighted by yesterday's Fed meeting minutes. On top of a surprise drop in core capital goods orders in December, as well as disappointing numbers from the housing spac...Read More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Goldspot Discoveries team celebrate at #DisruptminingGiven the massive amounts of data generated by mineral exploration, using artificial intelligence and machine learning to make discoveries seems like a natural fit for the industry.Goldspot Discoveries, which listed today on the TSX Venture Exchange under the symbol SPOT, takes a big step forward in use of artificial intelligence in the explorat...Read More
The Jackfish SAGD project produces about 105,000 bbl/d and may soon be for sale. (Image: Devon Energy)Devon Energy has announced plans to transform itself into a U.S. oil growth company. The final step will be to sell its Canadian oilsands and Barnett shale assets, a move that may put more than $30 billion in the treasury.Devon's oil sands operations are located on the eastern edge of the Athaba...Read More
Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More
Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More
Maritime Resources Corp. of Toronto says 2019 will be a critical year for the company. It plans to advance its Hammerdown gold project in the hope of making a production decision by year-end.The past-producing Hammerdown gold mine, Orion gold deposit, and Lochinvar base and precious metals deposit make up Maritime's Green Bay property near Springdale. Activities this year will include project engi...Read More
However, call buyers are active ahead of earnings next weekThe shares of Mylan NV (NASDAQ:MYL) are down 1% at $31.26 in afternoon trading. While the stock has surged since its late-December lows, MYL has encroached on a trendline that's had historically bearish implications, suggesting the security could be headed for its next leg lower. What's more, Mylan earnings are just around the corner.MYL...Read More
The Diamond Producers Association (DPA) announced today the third wave of the Real is Rare, Real is a Diamond campaign. Entitled 'For Me, From Me', the campaign is inspired by the natural diamond industry's strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US, a $43 billion diamond market that grew +4% in 2017, according to De Beers...Read More