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
A proposal to stop Germany from using coal for power generation within two decades may leave an unexpected beneficiary: The company that burns the most of the fuel.While RWE AG was quick to say it's "too soon" to shed all fossil fuel plants by 2038, the recommendations outlined this weekend by a panel advising Chancellor Angela Merkel called for compensation for the utilities and 40 billion euros...Read More
An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex on Friday killed at least 58, while more than 400 are still missing.The alert of "dangerously high water levels" at another dam that is part of the same mining complex in south-east B...Read More
Chilean copper miner Antofagasta Plc is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the chief executive of the company was quoted telling a local daily on Sunday.Antofagasta's copper production rose 3 percent to 725,300 tonnes last year, allowing the company to weigh potential expansion projects and upgrades, Ivan Arriagada said, according...Read More
Chilean copper miner Antofagasta Plc is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the chief executive of the company was quoted telling a local daily on Sunday.Antofagasta's copper production rose 3 percent to 725,300 tonnes last year, allowing the company to weigh potential expansion projects and upgrades, Ivan Arriagada said, according...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
A group of activists from the Ixtacamaxtitl??n municipality, located in the Puebla state of central Mexico, presented a letter to the country's president, Andr?(C)s Manuel L??pez Obrador, where they state that Minera Gorri??n's Ixtaca project represents "a threat to their lives."Gorri??n is a subsidiary of Canada's Almaden Minerals (TSE: AMM) and the Ixtaca deposit is said to be one a multimillion...Read More
An alarm warning of an imminent mining dam rupture was issued on Sunday morning near Brumadinho, the same Brazilian community where the collapse of a dam at Vale's (NYSE:VALE) C??rrego do Feij??o mining complex on Friday killed at least 40 and left over 400 more feared dead.The alert of "dangerously high water levels" at another dam that is part of the same mining complex in south-east Braz...Read More
Trawling through the lists of possibly undervalued stocks, the following three TSX index tickers display some deep discounts against their projected cash flow values, as well as some low multiples. But are they a buy? Let's review the data and check what their track records look like, as well as any trailing dividend yields that might be calculable.Transcontinental (TSX:TCL.A)A common sight on the...Read More
The Canadian market is finally starting to see some upward movement again. A few of you may have actually achieved the "buy low" part of the "buy low, sell high" equation, and are excited to see that your investments are currently paying off.If you didn't get in on dirt cheap stocks, there's not only still a chance to make some money, but also to get some guaranteed funds in your pocket. That's ri...Read More
Looking through some areas of the TSX index can be a daunting task if it's a healthy balance sheet that you're after. Energy, tech, REITs and more - every industry has a few big-name tickers with benighted health stats. One of the first things a low-risk portfolio owner learns to do when they start out investing in the stock market is how to sidestep these red flag stocks and find healthy tickers...Read More
Despite gold firming since November 2018 to be trading at over US$1,280 an ounce, its poorer cousin silver continues to languish at under US$16 per ounce. This is weighing on silver miners particularly when the stagnant outlook for the white metal is accounted for. However, that shouldn't deter investors from buying Fortuna Silver Mines Inc. (TSX:FVI)(NYSE:FSM).Solid operational performanceThe mi...Read More
Following the development of a copper-graphene nanocomposite that adds 3% graphene to pure copper, Codelco Tech, a subsidiary of the world's top copper producer, and engineering innovation firm Ennomotive chose three people to lead the creation of applications where the new material can be practically used.One of the people leading the new applications is Julio Casal Ramos, an engineer from Venezu...Read More
Following the development of a copper-graphene nanocomposite that adds 3% graphene to pure copper, Codelco Tech, a subsidiary of the world's top copper producer, and engineering innovation firm Ennomotive chose three people to lead the creation of applications where the new material can be practically used.One of the people leading the new applications is Julio Casal Ramos, an engineer from Venezu...Read More
Following the development of a copper-graphene nanocomposite that adds 3% graphene to pure copper, Codelco Tech, a subsidiary of the world's top copper producer, and engineering innovation firm Ennomotive chose three people to lead the creation of applications where the new material can be practically used.One of the people leading the new applications is Julio Casal Ramos, an engineer from Venezu...Read More
It's easy to prepare your retirement savings for the New Year.It's that time of year again.Yes, the holiday season is filled with shopping and Christmas parties, but we still have to squeeze in a little time for end-of-year portfolio housekeeping. Because let's face it, life isn't exactly going to slow down once we hit the first of the yearIt's particularly important to take a good look at your 40...Read More
Speaking at a ceremony that marked the reopening of the century-old mine in the south of the country, Akufo-Addo said Tuesday that the "forceful encroachment on the concession of the company" was over, according to an emailed copy of his speech."The sequence of events that led to the closure of theRead full newsRead More
Gold can help diversify your portfolio. However, it doesn't generate any income.I believe that Franco-Nevada (TSX:FNV)(NYSE:FNV) is a superior investment to gold. The company is primarily a gold royalty and streaming company with a large and diversified portfolio of assets. Further, it offers a yield of about 1.3%, and it has been increasing its dividend every year.Image source: Getty ImagesAs exp...Read More
Before 2011, Cameco (TSX:CCO)(NYSE:CCJ) had it made. The stock was sitting at $40 per share, looking to hit the $50 range, as it had only a few years before.Then the Fukushima nuclear reactor disaster happened. Investing in nuclear reactors after such a tragedy no longer seemed possible. But time heals all wounds, especially in the stock market.Fast forward to 2019, and things are looking up fo...Read More
There are quite a few stocks on the TSX index with high growth statistics; however, for stocks that pay no dividends, a capital gains investor would want to see a decent amount of momentum. Below are a few high-profile stocks that have had their data analyzed, from the five-year betas to future cash flow evaluations.CannTrust Holdings (TSX:TRST)While revenues were up, third-quarter profits for Can...Read More