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
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
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce the appointment of Larry Anderson and David Beck as directors of the Company, and two executive changes which support the Company's continued long-term growth in the evolving cannabis industry.Mr. Beck possesses over 30 years experience with national financial institutions in various cap...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that U.S Tier 1 Carrier network approval is nearing completion and has initiated trials with multiple end-use large-scale potential customers in various industry verticals. As a result, the Company expects initial purchase orders from these end use customers through the U.S T...Read More
Kerr Mines (TSX: KER; US-OTC: KERMF) expects to start mining and stockpiling mineralized material from its Copperstone gold project in Arizona in the fourth quarter of this year with production starting in the first quarter of 2020, CEO Claudio Ciavarella says.The fully permitted project is the underground extension of the same orebody that Cyprus Amax mined as an open pit between 1987 and 1993, a...Read More
In 1981, the chemical engineering group at Cambridge, Mass.-based MIT received a U.S. Department of Energy grant to study technical innovation in the processing industries as part of a strategy to mitigate the impact of another oil crisis like the one that threatened the U.S. in the 1970s.Thirty-eight years later, Aspen Technology (NASDAQ: AZPN) has a market cap approaching US$7 billion-greater th...Read More
Exploring the Gowganda West Project in northeast Ontario. Source: iMetal Resources Inc.iMetal Resources Inc. [IMR-TSXV; ADTFF; A7V-Germ.] was an active trader Tuesday February 12 after the company said it is expanding its Phase 1 maiden drill program at its Gowganda West property in northeast Ontario.The company said drilling will focus on the Zone 1 South target area where three holes have been c...Read More
Golden Predator's gold processing plant in the Yukon. Source: Golden Predator Mining Corp.Golden Predator Mining Corp. [GPY-TSXV; NTGSF-OTCQX] has released a progress update on a bulk sampling program that was launched last year at its 3 Aces gold project in the Canadian Yukon.The 3 Aces property hosts an orogenic gold project and is located northeast of Watson Lake. Golden Predator has so far foc...Read More
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(IDEX Online) - The Indian Diamond & Colorstone Association, an association of jewelers, diamantaires and colored stone dealers, hosted its 35th Annual Tucson Gala on February 7. IDCA President Nilesh Sheth reminded his audience that the diamond, gem and jewelry industry had faced many disruptive changes, but that that the key challenge is to adapt and work around these changes. "Our I...Read More
(IDEX Online) - Recent research has indicated that the slowing Chinese economy has not stopped consumers from buying luxury items. However, instead of spending their money in boutiques overseas, consumers are increasingly buying their luxury goods in shopping malls at home. LVMH, which markets brands such as Louis Vuitton and Hennessy, registered higher sales in China in the fourth...Read More
(IDEX Online) - Piers Pigou, a political analyst and senior consultant at the International Crisis Group (ICG), argues that Zimbabwe still has a long way to go towards fostering transparency in its opaque diamond sector. "Good governance in the diamond sector, which includes tangible progress towards improved transparency and accountability, remains a key litmus test of the Zimbabwean gove...Read More
Aim-listed Firestone Diamond has recovered a 70 ct white, makeable diamond from its Liqhobong mine, in Lesotho.CEO Paul Bosma said on Tuesday that the 70 ct stone was recovered in the northern, low grade part of the pit where the bulk of Firestone’s mining would take place in the coming months.Advertisement“Although the market for the smaller stones has been under pressure, we’ve...Read More
(IDEX Online) - At a Global Diamond Roundtable held earlier this month during the Investing in Africa Mining Indaba, participants discussed the fall in prices of lower quality, cheaper diamonds and indicated that if this situation is to continue, the so-called diamond juniors may not survive the onslaught, unless there is a positive turnaround in the market. Firestone Diamonds CEO Paul Bosm...Read More
SNC said it was in a dispute with a client over a mining project in Latin America, and while the company did not name the client, it is widely believed to be Codelco where SNC obtained engineering,Read More
The production record was driven by increased production from the BHP operated Escondida mine that increased its production 34% to a record 1.2Mt.Meanwhile, state copper company Codelco produced 1.7Mt, its lowest output since 2014.Chile is the world's largest producer of copper and increased its market share to 27.7% of global production in 2018 from 26.7% in 2017.The production of copper concentr...Read More
Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe company is also searching for a 64-year-old employee who went missing on Friday after a mudslide, which was described in a translated statement as "an avalanche of proportions never before seen".On Sunday, Southern Copper said there had only been sludge, due to the intense rainfall, not a tailings dam failure in the area.Alderan unloc...Read More
Will quantitative easing soon become a permanent fixture of markets?Today we ponder the formerly impossible…But we begin with a conclusion:The Federal Reserve has lost its race with Old Man Time.The opening whistle blew in December 2015... and Janet Yellen came off the blocks with a 0.25% rate hike.If the Federal Reserve could make it across the 3.5% finishing line before recession struck,...Read More
Following a strong performance in December, Russian miner Alrosa’s rough and polished diamond sales fell to $281.5-million in January – a 44% decrease on the same month in 2018.January’s rough diamond sales amounted to $278.2-million and polished diamond sales were $3.4-million, the company reported on Tuesday.Advertisement“In January, market activity was lower than usual....Read 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