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

Gold demand turned fragile this week in India as local prices jumped to their highest level in 2-1/2-years, while traders in major buying centres in Asia pinned hopes on purchases ahead of the approaching Lunar New Year.Local gold prices in India, world's second-largest gold consumer, touched their highest since July 2016 this week."Prices are just moving higher and higher. Buyers are waiting for...Read More

It's not just social media users that are being censored anymore...Read full newsRead More

All three major U.S. benchmarks are pacing for a fourth straight weekly winDow Jones Industrial Average (DJI) futures are pointing to a strong finish to the week, trading more than 100 points above fair value. The bullish bias is being driven by growing hopes for a U.S.-China trade deal, despite a lack of clarity on whether the U.S. is considering reducing tariffs on China. Earnings from American...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More

Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More

The floodgates are about to open, and early investors stand to reap some major rewards.Everyone knows: It's the casino that NEVER LOSES.And for years, the gaming industry has been stuck in a legal limbo, with black market bookies and smoky underground clubs soaking up billions in potential profits.But the floodgates are about to open to the general public.A key law outlawing online gambling across...Read More

Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More

Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More

Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.Known for its initials MR, the project covers 30 square kilometres of the island country's south-central region, an area where the Spa...Read More

Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.Known for its initials MR, the project covers 30 square kilometres of the island country's south-central region, an area where the Spa...Read More

Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.Known for its initials MR, the project covers 30 square kilometres of the island country's south-central region, an area where the Spa...Read More

Our Adaptive Fibonacci modeling system is suggesting Crude Oil may have already reached very strong resistance levels just above $50 ppb. It is our opinion that a failed rally above $55 ppb will result in another downward price move where prices could retest the $42 low - or lower.You can see from this Daily Crude oil chart that price has formed a consolidated price channel between $50 and $53 ppb...Read More

A retired Brazilian Army officer who recently advised Canadian miner Belo Sun (TSX: BSX) about its plans to mine gold in the Amazon, will head the country's Indigenous Rights Agency (Funai) aiming at using his experience in the sector to deal with hundreds of impending clashes between miners and locals.Native descendant General Franklimberg Ribeiro de Freitas had run Funai until April 2018, but wa...Read More