The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Intermin's share price was 8.33 percent higher at the end of trading on Monday, closing on the ASX at AU$0.13.Read full newsRead More
Nordic Gold's mill at its Laiva Mine near Raahe, Finland. Source: Nordic Gold Corp.Nordic Gold Corp. [NOR-TSXV; FIEIF-OTC] shares lost 38% of their value Wednesday February 13 after the company said it is experiencing liquidity and operational issues at its 100%-owned Laiva Mine near Raahe, Finland.In a status update that triggered heavy selling of the shares, Nordic said these problems are due to...Read More
Visible gold was encountered in the New Discovery area in drill hole BL 18-12. Photo courtesy Galway Metals Ltd.Galway Metals Ltd. [GWM-TSXV; GAYMF-OTC] rallied sharply on Wednesday February 13 after the company reported the first assays from a new gold find at the company's Clarence Stream project in southwest New Brunswick.The discovery hole, BL18-12, returned 7.3 g/t gold over 36.7 metres, incl...Read More
Site plan for Nemaska's Whabouchi lithium mine in Quebec. Source: Nemaska Lithium Inc.Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-FSE] shares tumbled Wednesday February 13 after the company said it will need an additional $374 million to complete the construction of its Whabouchi Project (mine and electrochemical plant) in Quebec.The announcement follows a "cost to complete reassessment" which...Read More
Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) is on the move again with plans to add another 25,000 sq.ft. of manufacturing space in Cathedral City, California. It is anticipated that this new facility will be up and running by Q2 2019. NEWSThe additional space will allow for expansion of the company's finished goods which currently include beverages, edibles and other consu...Read More
(IDEX Online) - ALROSA has conducted a media preview of a collection of large colored diamonds, including unique pink, bright yellow and pink purple gems. The star of the show was a pink oval diamond weighing 14.83 carats - the largest pink diamond in the history of Russia. The gem it was cut from was mined in 2017 in the Ebelyakh deposit in Yakutia and became the largest pink diamond ever...Read More
(IDEX Online) - Alrosa Chief Executive Officer Sergey Ivanov paid an official visit to the Israel Diamond Exchange (IDE), where he was hosted by IDE President Yoram Dvash and IDE Managing Director Eran Zini. Providing an overview of the Israeli Diamond Industry, IDE President Dvash called on Alrosa to expand its rough diamond supply to Israel. Dvash explained that the Israeli industry focus...Read More
(IDEX Online) - The ALROSA Group sold $281.5 million worth of rough and polished diamonds last month, a drop of 44 percent compared to the previous year. Rough diamond sales came to $278.2 million, while polished diamond sales netted just $3.4 million. "In January, market activity was lower than usual," Yury Okoemov, ALROSA Deputy CEO, noted. After active restocking at the midstream...Read More
(IDEX Online) - The Gemological Science International (GSI) has announced that the Emirates International Accreditation Centre (EIAC) has approved GSI's Dubai laboratory accreditation. "The accreditation is valid not only in Dubai, where the GSI laboratory is located, but in all seven members of the United Arab Emirates," the GSI said in a statement. "GSI is the first and the only internat...Read More
Alderan unlocking Frisco potentialSPONSOREDalderan resourcesShuar Arutam president Vicente Tsakim expressed concern about the forced eviction of community members from the project area and demanded the government take action.Read More
“FORE!!!”My friend Chris had just hit another golf ball out of bounds. Only this time, it sailed into the adjacent fairway and nearly took the head off some guy lining up his pitch shot.Chris was NOT a good golfer. In fact, he was undeniably the worst player in our group last spring.And yet, despite hitting every other shot off-course, Chris still managed to beat me, my brothers, and o...Read More
Early traditional miners would have never believed that the industry tools of choice would one day shift from shovels and pickaxes to automation and artificial intelligence.Mining companies are now faced with navigating how to operate - and seize the opportunities - in a market driven by constant disruption in the fourth Industrial Revolution. With a new era, comes new challenges. Companies that e...Read More
Continental Gold (TSX: CNL; US-OTC: CGOOF) has tabled an increased resource estimate for its Buritica gold development project in north-western Columbia that reinterprets the way the company sees its deposits and incorporates new zones called broad mineralized zones (BMZs).The company tabled its prior resource in 2015 and based it more on surface drilling as opposed to underground drilling. After...Read More
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale's devastating Corrego do Feijao tailings disaster in Brazil's Minas Gerais state in late January, where the grim count now stands at 165 dead, with 160 people missing, mostly Vale employees.The Dam 1 at Feijao - built in 1976 and reaching 86 metres high, with a...Read More
Lucara sells large diamonds for US$32.5mPrecious stones"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftEastern promise for PolarXSPONSOREDpolarxCobalt leader talks about new era for project, IdahoSPONSOREDecobalt solutionsThe buyers of mining products—smelters and other downstream consumers—similarly want to ensure that they f...Read More
In the land of the Federal Reserve and its market-manipulating mechanisms, there's now an unofficial market term called the “Powell Put” or the “Powell Pivot.”It is in direct reference to Fed chairman Jerome Powell. Before he became chairman, Wall Street referred to prior heads' policies with terms like the "Greenspan Put" the "Bernanke Put" and the "Yellen Put."In layman's...Read More
From valley to peak in the space of one month...The bears were poised to claim final victory in late December... and black crepe was unfurling over Wall Street.The major averages lost nearly 20% from their early October highs. The Nasdaq in fact tumbled into an official bear market.Who could say where it would stop?All things good must end - unlike some things bad - and 10 years is a plenty handso...Read More
News out this week is that there is strong interest in cannabis among senior citizens.Upon reading this news, a very prominent investor and friend emailed me. (I won't say his name, but you would know who it is if I did.)His email read simply: Too late.What he means is that if the elderly are now hip to weed... it's too late to make any profits. Akin to Joe Kennedy and the shoeshine boy, or your m...Read More
Aura Minerals Inc. (ORA.TO) announces that it has resumed limited mining operations at its San Andres gold mine in Honduras.Rodrigo Barbosa, the Company's President & CEO commented, "We have been working very closely with local and national authorities to cease the illegal occupation of our privateRead full newsRead More
Beneath a plot of land in southeastern Siberia lie vast stores of gold, according to Russia's biggest gold producer, Polyus PJSC, and tapping them could provide the Russian central bank with a huge and nearly sanction-proof backstop for its currency.Read full newsRead More