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

In the lithium space, all eyes are on Australia, where key sources of new supply are due to come online, with help from the country's recent fast-tracking of spodumene operations through a combinationRead More

Russian diamond miner Alrosa has discovered its largest rough diamond in about two-and-a-half years, with the Udachnaya kimberlite pipe earlier this month delivering a 191.46 ct stone.The 40 mm by 31 mm by 20 mm diamond was extracted at the processing plant No 12 of Udachny mining and processing division.AdvertisementThe mined diamond is transparent, with a slight yellowish tinge."Such large...Read More

Way back in 1994, my brother asked for and got one of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announce...Read More

Unplanned outages at Incitec's Louisiana and Phosphate Hill plants are expected to have a combined earnings before interest and tax impact of about A$45 million for the financial year ending September 30, 2019.The Louisiana ammonia plant has been impacted by downtime caused by issues in the plant's carbon dioxide removal system.Following an inspection of the equipment repair work is underway, whic...Read More

The company's share price fell $12.49 following the results announcement.Caterpillar actually posted a record profit per share of $10.26 for 2018. But that did not match with what analysts had predicted.It seems much of the problem for Caterpillar came from its Construction area, particularly in the Asia-Pacific region. Sales in that region fell 4% for the December quarter to $1.48 billi...Read More

Game of Thrones loses one of its Dark Hedges trees and all that glitters is not gold.Read full newsRead More

With the right guidance, veering toward Class C properties in lower-income areas is a great way for investors to find their next diamond in the rough.Read full newsRead More

US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More

US-China trade war result, FOMC and January nonfarm payrolls will be closely watched. Gold and silver demand will be dependent on the ability/inability to trade over $1300 and $1560. A big week for gold and silver bulls. FOMC meet will be scanned for the timing of the next interest rate hike. Markets do not expect any interest rate hike this year. FOMC or Nonfarm payrolls either of them indica...Read More

Exploration in British Columbia hit paydirt on Monday, with the Premier announcing that two investment-friendly tax credits would no longer be evaluated on a year to year basis.Speaking at Roundup 2019, the annual meet-up organized by AMEBC (Association for Mineral Exploration), Horgan said his government will adopt the recommendations of the Mining Jobs Task Force in making the Mining Flow-Throug...Read More

We mentioned that the Friday session would decide the fate of our short position in EUR/USD. We witnessed a rebound and our positions were automatically (and profitably) closed. What kind of action is warranted, is it time to consider opening a long position or not? What about the Japanese yen and the Canadian dollar?Let's jump right into charts.EUR/USD - Sizable InvalidationThe weekly chart shows...Read More

Hodge also discusses the uranium market in this interview, explaining which producers he thinks will come back online first.Read full newsRead More

Last week's top-gaining mining stocks on the TSX were Tanzanian Royalty, Western Copper and Gold, Liberty Gold, Mandalay and Royal Nickel.Read full newsRead More

CAT and NVDA blamed slowing China demand for their weak forecastsStocks dropped out of the gate, on dismal guidance from construction heavyweight Caterpillar (CAT) and chipmaker Nvidia (NVDA), with both citing weak demand out of China. Sinking oil prices and reports of massive lost revenue for the U.S. because of the government shutdown only added to the risk-off backdrop. At the close, the Dow, S...Read More

As the death toll continues to rise from a fatal accident at a dam owned by Vale SA, the Brazilian miner's top management is coming under increased criticism in the highest levels of government."There must be punishment," Vice President Hamilton Mourao told reporters in Brazil's capital on Monday, adding that "if there was any malpractice, recklessness or negligence on the part of someone inside t...Read More

Newrange Gold Corp. (TSXV:NRG, OTC Pink:NRGOF) (Read full newsRead More

The 240-carat top white gem diamond recovered recently from the Karowe mine. (Image: Lucara Diamond)BOTSWANA - Earlier this month, Lucara Diamond Corp. recovered a 127-carat top white diamond from its Karowe mine. And the good new just keeps coming. This time the company has recovered a 240-carat top white gem from the same mine.Since mining began in 2012 at Karowe, a total of 43 diamonds heavier...Read More

The 240-carat top white gem diamond recovered recently from the Karowe mine. (Image: Lucara Diamond)BOTSWANA - Earlier this month, Lucara Diamond Corp. recovered a 127-carat top white diamond from its Karowe mine. And the good new just keeps coming. This time the company has recovered a 240-carat top white gem from the same mine.Since mining began in 2012 at Karowe, a total of 43 diamonds heavier...Read More

The stock is suffering with fellow Dow and industrial name CaterpillarIn the wake of Caterpillar's (CAT) earnings miss, fellow industrial name and Dow stock 3M Co (NYSE:MMM) is also taking a hit. Ahead of its fourth-quarter earnings release, slated for tomorrow morning, 3M stock is down 1.5% at $192.90. MMM has attempted to rebound after bottoming out at a nearly two-year low of $176.87 on Dec. 2...Read More

With many gold companies struggling to raise equity in public markets, consolidation may become a way of life in the sectorRead full newsRead More