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
The CPI ranks 180 countries and territories on their perceived levels of public sector corruption. The result is a mirror of last year's average result and represents the continuation of a theme from recent years during which transparency levels have failed, in general, to improve. Transparency International reported Sub-Saharan Africa had the lowest regional average, scoring just...Read More
Last year, I wrote an article about what I and some others are calling the Great Hangover.Specifically, it was about how the Fed has lured, and backed into a corner, a lot of corporate America by making it impossible to refuse cheap debt.I wrote then that we should be worried about the Fed's ability to pull the punch bowl away from the party.Now, I think it's time to revise that, because I think I...Read More
Akufo-Addo, who came into office in 2017, said he was working hard at bringing more of the value chain to Ghana after a century of seeing profits go overseas.Read More
The rosy promises of river and land restoration near the Salmon River and Frank Church wilderness are not based in reality, and the Nez Perce Tribe stands against the Stibnite Gold Project.Read full newsRead More
Besides Euro Manganese, top gainers on the TSXV last week were Xiana Mining, California Gold, Ximen Mining and Sandfire Resources America.Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were Silver Bear Resources, Continental Gold, Tanzanian Royalty and IAMGOLD.Read full newsRead More
Like Peter Lynch once said, consumers should stick to investing in what they know.Read full newsRead More
The major indexes recovered from a shaky start to close higherThe Dow overcame a slow start to notch a triple-digit win, thanks in part to an afternoon rally out of the tech sector. This resulted in similar strength from the S&P 500 and Nasdaq, as Wall Street prepared for Alphabet's (GOOGL) post-close quarterly report. However, these gains came amid a relatively low-volume session -- not surprisin...Read More
Blackrock Gold Corp. (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (theRead full newsRead More
Urban Outfitters stock just ran into a historically bearish trendlineThe shares of Urban Outfitters, Inc. (NASDAQ:URBN) have been trading in a channel of lower highs and lows since their August peak of $52.50, recently hitting an annual low of $31.15 on Friday, Feb. 1. Today, the retail stock is trading slightly higher, up 0.9% at $31.53, but just flashed a historically bearish signal, suggesting...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
Three of the most notable stock moves in today's tradingU.S. stocks have swung higher today, as traders gear up for Alphabet (GOOGL) earnings. Meanwhile, three names making sharp moves today are smart speaker manufacturer Sonos Inc (NASDAQ:SONO), drugmaker Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), and equipment leasing expert Triton International Ltd (NYSE:TRTN). Here's what's moving shares of S...Read More
After gaining control of 51.23 percent shares of gold and copper miner PT Freeport Indonesia, the government is eyeing to gain a 20 percent stake in publicly listed nickel miner PT Vale Indonesia (INCO).Read full newsRead More
The Mining and Metallurgical Society of America has chosen to award its 2019 gold medal to Pierre Lassonde, chairman of Toronto-based Franco-Nevada Mining.Lassonde is recognized for his leadership as a mining executive for a major mining company, as a founder of the largest natural resources royalty company, a mining financier, and a business innovator. He is also notable for his philanthropic con...Read More
The Mining and Metallurgical Society of America has chosen to award its 2019 gold medal to Pierre Lassonde, chairman of Toronto-based Franco-Nevada Mining.Lassonde is recognized for his leadership as a mining executive for a major mining company, as a founder of the largest natural resources royalty company, a mining financier, and a business innovator. He is also notable for his philanthropic con...Read More
Gold futures posted a second straight session decline on Monday, in part as a leading dollar index gained, though bullish analysts considered the metal's action to be only a pause in its recent uptrend. "Higher Chinese demand for gold and silver have been factored in by the markets," said Chintan Karnani, chief market analyst at Insignia Consultants, but Chinese consumer buying will still "be clos...Read More
Background image: Talison LithiumAs expansion programs at South American brine operations slow down, the bulk of new lithium capacity is coming from hard rock mines.While demand growth continues to accelerate the supply response has been dramatic. Last year saw four new spodumene operations enter the market and while concentrate (6% free on board Australia) traded either side of $900 a tonne for...Read More