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
Canada's First Quantum Minerals (TSX:FM) has scrapped plans to lay off 2,500 workers in Zambia over an increase in mining taxes, and has committed to extend talks with the southern African nation's government over the issue.The Toronto-based said last month it had exhausted all other avenues of cost reduction, adding the job cuts would be implemented in phases during the first three months of 2019...Read More
All at once, storm clouds are gathering over the world economy. The International Monetary Fund has cut its estimates for global growth in 2019, citing concerns about weakness in Europe. China just had its slowest GDP growth since 1990, and President Xi Jinping reportedly has held secret meetings warning Communist Party leaders to prepare for "black swan" events that could derail China's economy....Read More
Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast.The company, majority-owned by Chile's Luksic family, one of the country's wealthiest, churned out 220,000 tonnes of the red metal in the three months to December, up 16% from the pr...Read More
Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast.The company, majority-owned by Chile's Luksic family, one of the country's wealthiest, churned out 220,000 tonnes of the red metal in the three months to December, up 16% from the pr...Read More
Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast.The company, majority-owned by Chile's Luksic family, one of the country's wealthiest, churned out 220,000 tonnes of the red metal in the three months to December, up 16% from the pr...Read 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
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce Mr. Raymond J. Roman has been appointed to the Board of Advisors.Mr. Roman's operational and managerial experience has spanned over 30 years, with various senior executive positions expanding his proficiency in wireless telecommunications and technology in the United States.Cu...Read More
[Editor’s note: This story was originally published in August 2018. It has since been updated and republished to reflect changes in stock price, although the writer’s opinions may have changed.]The stock market is a mess right now. Ever since Facebook (NASDAQ:FB) dropped the ball, the whole tech sector has rolled over and markets have dropped. The broad market volatility, however, does...Read More
Balmoral Resources (TSX: BAR; US-OTC: BALMF) has discovered several new nickel sulphide zones in the central part of its Grasset Ultramafic complex in Quebec after drilling the area during its fall 2018 exploration program. The new discoveries sit 7 km northwest of the company's Grasset polymetallic deposit.Highlights from the area include 1.05% nickel, 0.31% copper, 0.05% cobalt, 0.2 grams platin...Read More
While an improving global economic outlook coupled with a firmer U.S. dollar and higher interest rates points to poor prospects for gold during 2019, there are signs that Equinox Gold Corp. (TSXV:EQX) will rally over the year. The miner has lost 19% over the last year compared to gold, only shedding 4% and creating an opportunity for investors to gain levered exposure to the yellow metal by inves...Read More
While gold gained 14% over the last month intermediate gold miner Gran Colombia Gold Corp. (TSX:GCM) gained over 18% as the performance of its one-time troubled operations in Colombia improved. There has been growing conjecture that now is the time for investors to add Gran Colombia to their portfolios because of a positive outlook for gold combined with the significant enhancements being made to...Read More
With a mix of earnings slowdowns, rising share prices, and negative outlooks, the "hold signal" list for stocks on the TSX index contains enough reasons to stay on the fence. However, at a casual glance, there may seem to be a lot of great stocks on that list that ought to be snapped up right away: take that low P/E or attractive dividend, that high growth or low debt, for instance.But all is not...Read More
Tense negotiations in the lead up to the United States-Mexico-Canada Agreement (USMCA) led to volatility for metals stocks. The United States slapped steel and aluminum tariffs on Canadian and Mexican imports on June 1, 2018. Both countries have lobbied for these tariffs to be removed after signing the USMCA, but they remain in effect.The squeeze on the market was initially very positive for steel...Read More
What do fruit and vegetable drinks, gold, and utilities have in common? On the face of it, not very much; however, all three industries offer Canadian investors some passive income in largely defensive industries. Representing these industries are the following three TSX index luminaries; their stats are discussed here for the prospective buyer.Fortis (TSX:FTS)(NYSE:FTS)Fortis had a one-year past...Read More
Eddie Sugar had come a long way from running orders directly for Brent Potts at Potts West Trumbull in Bond Street in the 1980s to his seat in a senior executive position at Jefferies & Co, one ofRead More
The Goldsource Mines Eagle Mountain Gold Mine in Guyana, South America. Photo courtesy Goldsource Mines Inc.Shares of Goldsource Mines Inc. [GXX-TSXV, GXSFF-OTCBB, G5M-FSE] rallied sharply on Wednesday after the company reported a new high-grade discovery at its Eagle Mountain Gold Project in Guyana.The discovery was made during ongoing exploration in an area known as the Salbora target.Highlight...Read More
Drilling operations at the Barkerville Gold Mines Cariboo gold project near Wells, British Columbia. Source: Barkerville Gold Mines Ltd.Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF-OTC; IWUB-FSE] on Wednesday reported impressive results from drilling at its Cariboo Gold project in central British Columbia.Wednesday's news release contains the final drilling results from the 2018 Cow Mountain explo...Read More
Click to enlargeGoldsource Mines Inc. [GSX:TSXV] is pleased to report a new high-grade discovery from the first two diamond core hole results based on the ongoing exploration program at the Salbora target, Eagle Mountain Gold Project in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain.The Company's first two diamond core holes include EMD18-053 with 40.0 metres (...Read More
(IDEX Online) - Figures from pre-registration show major buyers from across the world, including the United States, EU countries, India, Australia, the Middle East and the ASEAN region, will be taking part in the 63rd edition of the Bangkok Gems and Jewelry Fair (BGJF). The February 20-24 show, being held at the Challenger Hall 1-3, IMPACT Muang Thong Thani, Bangkok, will feature exhibitors...Read More
MOSCOW – Sales by Russia's Alrosa, the world's largest producer of rough diamonds in carat terms, are lower than a year ago so far in January, its CEO was quoted as saying by Interfax news agency on Wednesday.Alrosa competes with Anglo American's De Beers, the biggest seller of rough diamonds by value.AdvertisementAlrosa's sales of rough and polished diamonds totalled $504.5-...Read More