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
With many gold companies struggling to raise equity in public markets, consolidation may become a way of life in the sectorRead full newsRead More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
Toronto's Wesdome Gold Mines is enjoying continued success as it chalks up more high grades from its exploration drilling program at the Kiena gold mine in Val d'Or. Focused on the Deep A zone, recent work has extended the zone both up and down plunge.The Deep A zone has yielded the following highlights since the recent resource estimate:Hole 6384A: 33.7 g/t gold over 30.6 metres core length (28.4...Read More
The ultra-successful "A Diamond is Forever" marketing campaign has been discontinued for over a decade now and so have many of the positive attributes of diamond ownership in consumers' minds.Read full newsRead More
Sherritt International Corp. has published its 2018 year end production numbers, some of which outstripped guidance and some of which fell short. The company also supplied guidance numbers for 2019.At the Moa joint venture in Cuba, 2018 finished nickel production was 30,708 tonnes, despite bad weather, transportation delays, and disrupted hydrogen sulphide supply. Cobalt production at Moa was 3,23...Read More
Sherritt International Corp. has published its 2018 year end production numbers, some of which outstripped guidance and some of which fell short. The company also supplied guidance numbers for 2019.At the Moa joint venture in Cuba, 2018 finished nickel production was 30,708 tonnes, despite bad weather, transportation delays, and disrupted hydrogen sulphide supply. Cobalt production at Moa was 3,23...Read More
Avalon GloboCare stock has already tripled in 2019The Dow is getting wrecked today as Caterpillar (CAT) and chip stocks sell off. Biotech name Amgen, Inc. (NASDAQ:AMGN) and video game retailer GameStop Corp. (NYSE:GME) are under pressure, but drugmaker Avalon GloboCare Corp (NASDAQ:AVCO) has doubled in value today. Below, we'll take a look at what's moving the shares of AMGN, GME, and AVCO.AMGN...Read More
Friday's trading session was pretty bullish, as the broad stock market got back to its recent local high. Is this a topping pattern before another leg down or just some relatively flat correction within a new uptrend?The U.S. stock market indexes gained 0.8-1.3% on Friday, retracing their recent decline, as investors sentiment improved ahead of the quarterly corporate earnings releases, among othe...Read More
H.C. Wainwright has high hopes for the company's vaccineVaccine maker Novavax, Inc. (NASDAQ:NVAX) is in the spotlight today, after analysts at H.C. Wainwright initiated coverage of the penny stock with a "buy" rating. The brokerage firm also set a price target of $6 -- nearly triple NVAX's closing price on Friday -- waxing optimistic on Novavax's ResVax vaccine, which the analysts said could gener...Read More
Brazilian miner Vale SA's shares plunged on Monday, wiping out 71.34 billion reais ($18.96 billion) in market value, after a tailing dam collapse on Friday killed scores of people less than four years after a similar disaster.Vale shares fell 24 percent on Monday to close at 42.65 reais, the steepest daily drop ever in percentage terms. Brazil's stock market was closed on Friday when the disaster...Read More
The biggest EPS miss for CAT in over 3 years is not helping the broader market, asRead full newsRead More
Petra Diamonds Ltd. fell the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.Petra has been seeking to turn around its fortunes after piling up debt to expand its flagship Cullinan mine in South Africa. It was forced to tap shareholders for funds last year to alleviate those problems, but the company's efforts are being undermi...Read More
Red Pine Exploration Inc. (TSXV:RPX) ("Red Pine" or the "Company") is pleased to announce that Mr. Drew Anwyll, M.Eng., P.Eng. has been appointed to Red Pine's Board of Directors effective immediately.Read full newsRead More
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent oz. in 2019 compared to 2018.The company, which is currently merging with Newmont (NYSE: NEM), produced 630,000 oz. gold in 2018's fourth quarter at $850 per oz. gold all in sustaining costs (AISC). In 2018, it produced 2.29 million oz. gold, and expects to produce a similar amount of gold in 2019.The compan...Read More
Goldcorp (TSX: G; NYSE: GG) expects to produce more silver, zinc, lead and gold equivalent oz. in 2019 compared to 2018.The company, which is currently merging with Newmont (NYSE: NEM), produced 630,000 oz. gold in 2018's fourth quarter at $850 per oz. gold all in sustaining costs (AISC). In 2018, it produced 2.29 million oz. gold, and expects to produce a similar amount of gold in 2019.The compan...Read More
Brazil's Vale SA, the world's largest iron ore miner, suspended its planned shareholder dividends, share buybacks and executive bonuses as it braces for the financial fallout from a Friday catastrophe in which a dam breach left at least 58 people dead.Read full newsRead More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More
Canada's federal government has approved the environmental assessment of Argonaut Gold 's (TSX: AR) Magino project in Ontario.The open-pit project must still receive provincial government approval for the EA and other key authorizations including a construction permit and mine closure plan. Argonaut Gold also anticipates completing a prefeasibility study on Cerro del Gallo, an advanced project in...Read More