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
Construction of the Gold Bar mine near Eureka, Nevada is on time and on budget. Owner McEwen Mining of Toronto says the first gold pour will happen this month, and the $81.4 million budget has not increased. Commercial production is expected by the end of Q1 2019.McEwen has placed about 136,000 tonnes of ore on the leach pad, and anticipates producing 55,000 oz. of gold this year at an all-in cost...Read More
Construction of the Gold Bar mine near Eureka, Nevada is on time and on budget. Owner McEwen Mining of Toronto says the first gold pour will happen this month, and the $81.4 million budget has not increased. Commercial production is expected by the end of Q1 2019.McEwen has placed about 136,000 tonnes of ore on the leach pad, and anticipates producing 55,000 oz. of gold this year at an all-in cost...Read More
Construction of the Gold Bar mine near Eureka, Nevada is on time and on budget. Owner McEwen Mining of Toronto says the first gold pour will happen this month, and the $81.4 million budget has not increased. Commercial production is expected by the end of Q1 2019.McEwen has placed about 136,000 tonnes of ore on the leach pad, and anticipates producing 55,000 oz. of gold this year at an all-in cost...Read More
Corcept Therapeutics issued a white paper to refute "offensive nonsense" from shorts Corcept Therapeutics Incorporated (NASDAQ:CORT) has had a roller-coaster day. The drugmaker started the day off touching new lows, after Blue Orca Capital disclosed its short position on the stock, echoing last week's scathing report from the Southern Investigative Reporting Foundation (SIRF). However, CORT pivote...Read More
Brazilian miner Vale SA on Tuesday declared force majeure on some iron ore contracts after a court-ordered halt to a mine responsible for nearly 9 percent of its output following a dam burst which likely killed more than 300 people.The force majeure on some iron ore and pellets sales contracts came after a court on Monday ordered it to stop using eight tailings dams, including one affecting produc...Read More
Newrange Gold Corp. (TSXV:NRG, OTC Pink:NRGOF) (Read full newsRead More
Gold traders and investors should be worried - gold-market timers have become extremely bullish. Gold timers on balance are more bullish today than on more than 96% of the trading days since 2000. That doesn't bode well from a contrarian perspective. To be sure, contrarian analysts were worried about gold several weeks ago, the last time I devoted a column to gold market sentiment. Yet gold bullio...Read More
Canada-listed junior miner Thor Explorations (TSX-V:THX) is getting ready to begin construction at its Segilola project in Nigeria, poised to become the country's first large-scale gold mine.Delivering the results of an independent definitive feasibility study (DFS) for the proposed gold operation, Thor said it planned to build an open pit mine as well as a new 625,000 tonnes per annum processing...Read More
Canada-listed junior miner Thor Explorations (TSX-V:THX) is getting ready to begin construction at its Segilola project in Nigeria, poised to become the country's first large-scale gold mine.Delivering the results of an independent definitive feasibility study (DFS) for the proposed gold operation, Thor said it planned to build an open pit mine as well as a new 625,000 tonnes per annum processing...Read More
Meanwhile, BOX stock is bouncing on a new "buy" endorsementU.S. stocks are higher today, as traders gear up for the State of the Union address tonight. Meanwhile, three names making sharp moves today are cloud concern Box Inc (NYSE:BOX), telecom issue CenturyLink, Inc. (NYSE:CTL), and poultry producer Tyson Foods, Inc. (NYSE:TSN). Here's what's moving shares of BOX, CTL, and TSN today. Analyst: Bu...Read More
ETSY is having a monster sessionEtsy Inc (NASDAQ:ETSY) is having a huge day on the charts, and call trading is surging as a result. Call volume is set to hit a 52-week high, with four times as many crossing compared to their put counterparts. New positions are opening at the February 60 and 65 calls, the most popular contracts today. Anyone buying to open positions here is wagering on ETSY stock p...Read More
Commodities Analysis by Investing.com (Barani Krishnan/Investing.com) covering: Crude Oil WTI Futures, Vale SA ADR, Nickel Futures, Lumber Futures. Read Investing.com (Barani Krishnan/Investing.com)'s latest article on Investing.comRead full newsRead More
Newfoundland-headquartered gold junior Aurion Resources' (TSX-V: AU) stock soared over 27% on Tuesday after reporting new high-grade assay results from drilling at the Aamurusko prospect on its Risti project in northern Finland.Two of the first three drillholes intersected high-grade gold mineralization near surface, with 42.28 g/t Au over 4.00 m intersected in one drillhole and 24.50 g/t Au o...Read More
Newfoundland-headquartered gold junior Aurion Resources' (TSX-V: AU) stock soared over 27% on Tuesday after reporting new high-grade assay results from drilling at the Aamurusko prospect on its Risti project in northern Finland.Two of the first three drillholes intersected high-grade gold mineralization near surface, with 42.28 g/t Au over 4.00 m intersected in one drillhole and 24.50 g/t Au o...Read More
In December President Trump pounded out a tweet that raised a lot of eyebrows in the Twitterverse. It had to do with America's defense spending, perceived by Trump to be much too high. He wrote:Didn't Trump campaign on a stronger military, to crack down on ISIS? To make America safer again? He did, and so the head-scratching began. It was especially odd considering that Trump signed off on a HUGE...Read More
Wells Fargo stock has encountered multi-layered resistance latelyFinancial firm Wells Fargo (NYSE:WFC) rallied off its late-December multi-year lows only to run into a ceiling at the round $50 mark -- a previous level of support throughout most of 2017 and 2018. This region is also home to WFC's 80-day moving average, and resistance could further be reinforced by a heavy accumulation of call open...Read More
Amyris disclosed a cannabinoid partnershipBiotechnology stock Amyris Inc (NASDAQ:AMRS) is near the top of the Nasdaq today, after the company announced a big weed deal. Specifically, Amyrissaid it's partnering with an undisclosed party in a cannabinoid development, licensing, and commercialization plan valued at as much a $255 million. AMRN stock was up 39.1% at $4.40, at last check, and is pacing...Read More
Even those who don't follow mining or invest in it could probably tell you that a global energy transition will mean the world is going to need a lot more copper.B.C. is Canada's largest copper producer, with six operating mines and a couple of dozen projects at the early or late exploration stage that could become new mines one day.So is copper golden in BC?Judging by presentations made last week...Read More
Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent's biggest gathering of one of its most essential industries.The gold sector is a hot topic this year, after two giant deals reignited interest in bullion producers, prompting speculation over who might be next. Tailings dams are also in the spotlight, after Vale SA's disaster in B...Read More
The Nasdaq is higher despite a down day from Alphabet (GOOGL)The Dow Jones Industrial Average (DJI) is confidently higher at midday, up triple digits thanks to a fresh batch of upbeat corporate earnings.The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are firmly in the black, too, with the latter shaking off rising cost concerns from Google parent Alphabet (GOOGL). Investors are also gearin...Read More