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
Growth investment usually takes two distinct forms when it comes to investing in the TSX index: buying for future capital gains and buying for ongoing dividends. Among the best quality growth stocks to buy now, investors will find a spread of very diverse data, which includes a whole range of multiples, outlooks, track records, and other indicators of value, quality, and momentum.Below you will fi...Read More
With so much uncertainty in the world today, investors are looking for somewhere secure to put their money.A safe haven.Consider gold, as this precious metal has been the go-to in times of elevated uncertainty.In late 2011, gold prices peaked at close to $1,900 per ounce, then retreated steadily to levels of just over $1,000 per ounce at the end of 2015. Prices are currently just shy of $1,300 per...Read More
As the lithium growth play continues to shape up over time, Lithium Americas (TSX:LAC)(NYSE:LAC) and its more advanced counterpart Nemaska Lithium are two very promising pure-play lithium stocks on the TSX that have gone through severe pain during the past year. Could a lithium growth play deliver better returns in 2019?Forecasted growth in lithium demand driven mainly by future electrical vehic...Read More
Finance, mining, healthcare, and marijuana may seem like fairly disparate industries, so what do they have in common? The short answer is that all four of those industries contain companies expecting high growth over the next one to three years.Let's take a look at one representative stock trading on the TSX index from each of these key Canadian industries and see which of them would be suitable f...Read More
The company says an ASX listing is no longer in the best interests of the company and its shareholders, and it is better off sticking with London's Alternative Investment Market, which has become its de facto trading hub over the past eight years with around 83% of trading happening there. While its second biggest bourse is the ASX, it accounts for less than 11% of trading, so it will give Au...Read More
The South Arturo gold mine on the Carlin Trend, Elko County, Nevada, a joint venture between Premier Gold Mines and Barrick Gold. Source: Premier Gold Mines Ltd.Premier Gold Mines Ltd. [PG-TSX, PIRGF-OTC] on Friday January 25 announced a US$68 million financing package to fund project development.The multi-pronged financing package includes a credit facility with Investec Bank for US$50 million an...Read More
Drilling the Goldstack Zone at the Plateau Project, Yukon. Source: Goldstrike Resources Ltd.Goldstrike Resources Ltd. [GSR-TSXV] on Friday January 25 said that Newmont Mining Corp. [NEM-NYSE] has elected to drop its option to earn an interest in Goldstrike's 100%-owned Plateau property in the Canadian Yukon.Investors reacted to the news by sending Goldstrike shares down 14.3% or $0.01 to $0.06 o...Read More
Full Article: Peering Over the AbyssBy: Gary ChristensonFrom Bill Holter "Crash Alert.""For the last 6 months we have responded 'it is happening right before your very eyes!'""The coming crash is a mathematical certainty and one that historians will ask in the future, 'what were they thinking.' While CNBC parades clown after clown to tell you this is a buying opportunity, I would simply advise...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25A repaired balance sheet, constrained growth ambitions, commodity price improvements, and huge proceeds from widespread portfolio "optimisation'' have made it all possible.Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25A strong final quarter of the year saw 2018 group production come in at 466,475 tonnes of copper and 223,041...Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25The following day, as she is a very light drinker, my wife declared that for her to commit to a sacrifice of...Read More
Gold output for the six-month period was 81,014 ounces, up 54.2% year-on-year, with production from Barberton up 24.5% to 50,0556oz and Elikhulu contributing 15,292oz. Pan African said Read More
Angola produced a total of 9.43-million carats of diamonds last year, which brought in revenues of $1.2-billion. These figures were reported to Angolan news agency Angop by Endiama President Ganga Júnior. Endiama stands for Empresa Nacional de Prospecção , Exploração, Lapidação e Comercialização de Diamantes de Angola (the National Com...Read More
The clouds part, and a crack of sunshine scatters the gloom...Markets learned today the Federal Reserve may soon declare victory... and mothball its ambitious balance sheet reduction plans.From today's Wall Street Journal:Federal Reserve officials are close to deciding they will maintain a larger portfolio of Treasury securities than they'd expected when they began shrinking those holdings two yea...Read More
Hold on to your hats, or your stash, because marijuana is about to take another big step toward full-blown legalization.There's going to be a rupture. And it's been a long time coming.Here's the deal...As you no doubt know, marijuana legalization has been advancing at a rapid pace... on the state level.Ten states - Alaska, Washington, Oregon, California, Nevada, Colorado, Michigan, Vermont, Massac...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
Following a high-grade discovery at Goldsource's Salbora target, shares of the company rose close to 70 percent.Read full newsRead More
Nick Hodge, Brent Cook, Peter Spina and David Morgan discussed their resource outlook and investment ideas at this year's VRIC.Read full newsRead More
Mercenary Geologist Mickey Fulp shares his thoughts on the Newmont Mining/Goldcorp tie up, the trade war and metals to watch in 2019.Read full newsRead More
Zero growth in the US economy in 2019 is a serious risk if the government shutdown, trade war with China and Brexit are not resolved - but recession is unlikelyTrump has not delivered on campaign promises about workers' rights and resentment is building; the government shutdown is now putting air traffic at riskFor more information about the Annual Meeting, visit www.weforum.orgDavos-Klosters, Swi...Read More