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
Another one was announced yesterday.This time it's Aphria (TSX: APHA)(NYSE: APHA). The takeover bid came last night after market close. The unsolicited bid by Green Growth Brands (CSE: GGB) values Aphria at C$2.3 billion.Aphria stock, despite a biting short report that came out late last year, is up more than 33% so far this year.Jimmy's readers are up a bit more than that, having gotten in earlie...Read More
SANTA CLARA, Calif., Jan. 22, 2019 /PRNewswire/ -- The Responsible Gold Ecosystem, developed by Emergent Technology Holdings LP (Read full newsRead More
Barrick Gold Corp.'s full-year gold production was 4.53 million ounces for 2018 and full year gold sales of 4.54 million ounces, according to preliminary results announced Jan. 21.Read full newsRead More
NxGold Ltd. (TSXV:NXN) is pleased to provide the final results from the 2018 work programs at the Mt. Roe Gold Project located in the Pilbara region of Western Australia.Read full newsRead More
Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infras...Read More
Risk of a sustained Chinese slowdown is higher after the Chinese president stressed the need to maintain political stability. Jobs are the key to every nation. Increase in joblessness will create political issues in communist China. Industrial metals can fall first or the pace of rise will reduce after comments from the Chinese president. The Chinese have started/intend to start a massive infras...Read More
Wenn es um das Thema Aktien geht, ist eine gro??zahl an Menschen in Deutschland sofort skeptisch. Ob Reichtum oder finanzielle pleite ? 1/4 ber Nacht - Aktien wird...Read full newsRead More
Signs China's economy is slowing got the bearish ball rollingThe Dow dropped triple digits out of the gate on signs of a slowing global economy. Disappointing housing data here at home and sinking oil prices only added to the risk-off backdrop, with panic-selling setting in on mid-afternoon headlines indicating the U.S. has turned down China's offer to meet ahead of next week's high-level trade ta...Read More
Another technical bear signal just flashed for the broadcasting concernThings have not been looking good for DISH Network Corp (NASDAQ:DISH) stock of late. Although the broadcasting name has bounced since hitting a seven-year low of $23.22 on Dec. 27, it's historically been one of the worst stocks to own during Martin Luther King Jr. Day week in the past 10 years, averaging a loss of nearly 3%....Read More
As we start 2019, the copper market is faced with the prospects of softer demand growth, given the macro economic outlook, constrained mine supply growth, ongoing disruptions at smelters, additional uncertainly around changes to Chinese policies towards copper scrap imports and low visible exchange stocks. All of these factors will no doubt lead to another year of volatile prices. However, in the...Read More
A global energy transition that's already underway would be good for B.C.'s exploration and mining industry.The province, after all, is geologically blessed with an abundance of many of the raw materials needed for wind turbines, solar power and electric vehicles.But the opportunity posed by decarbonization and the low-carbon economy is a boat that B.C. has already missed, according to one metals...Read More
Australian lithium miner Galaxy Resources Ltd on Wednesday lifted its estimate of resources in Mt Cattlin Project in Western Australia after drilling pointed to a stronger reserve.Galaxy said the reserves for the project are now estimated to be 42% higher than its last estimate given as of June 2018. The miner now expects the mine to have 16.7 million tonnes of ore, containing 214,400 tonnes of li...Read More
EDIT is near the bottom of the Nasdaq, tooStocks are sinking to start off the holiday-abbreviated week. Among the names struggling are metals specialist Arconic Inc (NYSE:ARNC), gene editing stock Editas Medicine Inc (NASDAQ:EDIT), and weed stock Tilray Inc (NASDAQ:TLRY). Below, we'll take a look at what's moving the shares of ARNC, EDIT, and TLRY.ARNC Plummets After Ditched SaleThis morning, A...Read More
Monument and plaque marking the historic Irgon lithium mine in Manitoba. (Image: QMC -Quantum Minerals)Vancouver-based QMC Quantum Minerals is arranging for SGS Canada to conduct metallurgical tests on samples from its Irgon lithium project in the southeast part of the province. The property lies within the Cat Lake-Winnipeg River rare element pegmatite field.Testing will be designed to produce a...Read More
Worries over China's economy and a bearish brokerage note are pressuring WBThe shares of Weibo Corp (NASDAQ:WB) are spiraling today on concerns over slowing Chinese economic growth. A downgrade to "neutral" from "buy" at Nomura Instinet is only exacerbating headwinds, with the brokerage firm also cutting its WB price target to $61 from $74. At last check, the stock is down 11.7% at $53.67, and opt...Read More
NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study for the Arrow uranium deposit.There are three objectives:Convert high grade indicated resources to measured. The high grade indicated resource is currently 2.9 million tonnes...Read More
NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study for the Arrow uranium deposit.There are three objectives:Convert high grade indicated resources to measured. The high grade indicated resource is currently 2.9 million tonnes...Read More
NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study for the Arrow uranium deposit.There are three objectives:Convert high grade indicated resources to measured. The high grade indicated resource is currently 2.9 million tonnes...Read More
Tasca Resources of Vancouver has received excellent assays from drilling at its Poplar copper property southwest of Houston. Hole 18-PC-126 averaged 0.37% copper, 0.015% molybdenum, 0.15 g/t gold and 2.31 g/t silver over 381.0 metres. In the 30.2 deepest metres, the core tested 0.55% copper, 0.27% moly, 0.10 g/t gold and 4.44 g/t silver.Hole 18-PC-127 tested 0.33% copper, 0.002% molybdenum. 0.11 g...Read More
Tasca Resources of Vancouver has received excellent assays from drilling at its Poplar copper property southwest of Houston. Hole 18-PC-126 averaged 0.37% copper, 0.015% molybdenum, 0.15 g/t gold and 2.31 g/t silver over 381.0 metres. In the 30.2 deepest metres, the core tested 0.55% copper, 0.27% moly, 0.10 g/t gold and 4.44 g/t silver.Hole 18-PC-127 tested 0.33% copper, 0.002% molybdenum. 0.11 g...Read More