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
Last week, gold juniors led the way as the top gainers on the TSXV, with Max, African Gold, Oceanus and Great Bear making appearances.Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were Northern Dynasty, Royal Nickel, GoldMining and Maya Gold and Silver.Read full newsRead More
http://www.miningstocksguide.com - This video is your competitive edge to understanding how to invest in mining stocks and gold. Learn the secrets of the pro...Read full newsRead More
Gold mining is one of the very oldest human occupations. The earliest known underground gold mine, in what is now the country of Georgia, dates back at least 5,000 years, when people were just starting to develop written language.Over the centuries, a number of innovations have emerged that disrupted and forever changed how we explore and mine for gold and other metals. Think dynamite, or the stea...Read 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
The Dow started the day in positive territoryA slow news day on Wall Street resulted in low trading volumes, as investors take a wait-and-see approach amid trade uncertainty. The Dow and its index peers spent time on both sides of breakeven, with traders looking ahead to another round of trade talks between the U.S. and China in Beijingthis week. Also likely causing hesitation is the potential for...Read More
Bernstein downgraded the semiconductor stock to "market perform"The shares of Nvidia Corporation (NASDAQ:NVDA) are sliding in afternoon trading -- down 1.4% at $146.14, at last check -- after Bernstein cut the semiconductor name to "market perform" from "outperform," and trimmed its price target to $175. The downgrade follows Nvidia's recently slashed fourth-quarter guidance, based partly on lesse...Read More
A mining company claiming interests in copper and gold reserves estimated at $58 billion on the Pacific island of Bougainville said its rights are under threat by efforts to revive the resource sector in the run up to a independence referendum.At the heart of the dispute is the Panguna mine, which was operated by Sydney-listed Bougainville Copper Ltd. for 17 years before shutting in 1989 amid clas...Read More
OSTK is struggling near its 100-day moving averageNear the bottom of the Nasdaq today sits Overstock.com Inc (NASDAQ:OSTK), down 9.6% to trade at $18.39. Although there's no clear catalyst for today's price action, blockchain stocks in general are lower across the board. Whatever the reason, options bears have come of the woodwork today in droves.More specifically, almost 5,700 OSTK put option...Read More
Canaccord Genuity raised its TSLA price target by 36%The U.S. stock market is mixed as oil prices drop. Among individual names making notable moves are streaming issue Roku Inc (NASDAQ: ROKU), electric car concern Tesla Inc (NASDAQ:TSLA), and aircraft components maker Triumph Group Inc(NYSE: TGI). Here's a quick roundup of what's moving the shares of ROKU, TSLA, and TGI.Roku Options Bulls are Stic...Read More
Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry. The program was launched by Gubelin Gem Lab with Everledger at the Tucson, Ariz. gem show.Emeralds from Fura's Coscuez mine in Colombia were used to test the technology.The Provenance Proof Blockchain is the first such system for coloured gems, although blockchains are alread...Read More
Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry. The program was launched by Gubelin Gem Lab with Everledger at the Tucson, Ariz. gem show.Emeralds from Fura's Coscuez mine in Colombia were used to test the technology.The Provenance Proof Blockchain is the first such system for coloured gems, although blockchains are alread...Read More
Map of B.C.'s Golden Triangle, showing the Lawyers gold-silver project near the eastern boundary of the region. (Image: Benchmark Metals)Benchmark Metals of Edmonton has the results of drilling at the Dukes Ridge zone at the Lawyers gold-silver project in the Golden Triangle. The holes intersected wide intervals of near 1 g/t gold equivalent and narrower intervals of high grade gold and silver min...Read More
Stocks were mixed on Friday, as investors hesitated following Thursday's decline and a short-term profit-taking action. The S&P 500 index got closer to the 2,700 mark again last week. So is this just a downward correction or some new downtrend?The U.S. stock market indexes were mixed between -0.3% and +0.1% on Friday, as investors hesitated following the Thursday's decline. The S&P 500 ind...Read More
Vancouver-based Golden Predator took a 9,800-tonne bulk sample from the Spades zone at its 3 Aces exploration project late last year, and the company is ready to share the results.Results are available for only the first 6% of the sample. Two concentrates were produced from a gravity circuit. One yielded a 13,261.5-gram dor?(C) bar that contained 365 oz. of gold and 34 oz. of silver. Sale of the g...Read More
Vancouver-based Golden Predator took a 9,800-tonne bulk sample from the Spades zone at its 3 Aces exploration project late last year, and the company is ready to share the results.Results are available for only the first 6% of the sample. Two concentrates were produced from a gravity circuit. One yielded a 13,261.5-gram dor?(C) bar that contained 365 oz. of gold and 34 oz. of silver. Sale of the g...Read More
Vancouver-based Golden Predator took a 9,800-tonne bulk sample from the Spades zone at its 3 Aces exploration project late last year, and the company is ready to share the results.Results are available for only the first 6% of the sample. Two concentrates were produced from a gravity circuit. One yielded a 13,261.5-gram dor?(C) bar that contained 365 oz. of gold and 34 oz. of silver. Sale of the g...Read More
Wall Street loves the biopharma name Cancer treatment specialist G1 Therapeutics (NASDAQ:GTHX) has seen its stock price decline precipitously since its Sept. 11 peak of $69.57, bottoming at $15.21 on Dec. 21 following a bear gap sparked by disappointing trial data from the company's cancer drug, trilaciclib. Since then, the shares have been steadily climbing the charts, trading up 2.3% at $21.73...Read More
Shareholders could be buying options insurance on the soaring stockShopify Inc (NYSE:SHOP) will report earnings before the open tomorrow, Feb. 12. Ahead of the report, SHOP shares are flirting with new record highs, and while analysts expect even more upside ahead, options traders are bracing for a pullback.Shopify stock was last seen 1.2% higher to trade at $178.06, after earlier notching an all-...Read More