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
VANCOUVER, BRITISH COLUMBIA / January 17, 2019 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions ("PurLucid") are pleased to report commissioning results from its commercial-scale 5m3 per hour (750 barrel per day) NFLi-5 advanced wastewater treatment system. The system is currently operating and under...Read More
(IDEX Online) - CIBJO, the World Jewellery Confederation, and the Federation for European Education (FEEG) in Gemmology, will be presenting a day-long conference at the VICENZAORO January jewelry trade show, organized by the Italian Exhibition Group (IEG), in Vicenza on Saturday, January 19, where the principle focus will be on issues related to responsible sourcing and gemology. For CIBJO,...Read More
(IDEX Online) - The organizers of the Jewelry Industry Summit have published the agenda and speaker roster for the upcoming Jewelry Industry Summit taking place in Tucson, Feb, 2-3. An international array of expert and experienced industry members will share their ideas and recommendations for actions that jewelers can take now to sustain the supply chain for jewelry products, the group sa...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company, which produces copper concentrates from fresh and historic tailings at Codelco's El Teniente mine, said it set new production records in 2018 at Minera Valle Central.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe majority investor, which had in recent months bolstered its Hudbay position to 11.9%, said it was embarking on its first proxy fight to address Hudbay's chronic underperformance.Read More
Today I have two stock picks for you that I believe Warren Buffett would love.As you know, Buffett is pretty widely viewed as being the greatest stock market investor in history.Despite having given a massive $27 billion to charity over the past decade, Warren Buffett still sits on a net worth of $80 plus billion.Eventually, almost every dime of that remaining $80 billion is going to be given back...Read More
Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs (AISC) of US$985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the thir...Read More
The S&P recently tumbled 19.8% before finding its legs - coming within an ace of the official 20% defining a bear market.Bet let us declare it a bear market and have done.Based on history's telling, when can you expect stocks to recapture their early October 2018 highs?A) 11.4 monthsB) 1.6 yearsC) 3.2 yearsD) 5.7 yearsThe answer shortly.But first a progress report...The Dow Jones marched 164 p...Read More
Quebec’s diamond miner, Stornoway, produced 1.32-million carats from the processing of 2.33-million tonnes of ore in the 2018 financial year, missing its guidance of recovering at least 1.35-million carats from the processing of 2.5-million tonnes of ore.In its fourth-quarter and 2018 production and sales results announcement, the TSX-V-listed company said on Wednesday that lower tonnages we...Read More
The drilling contractor managed to bring in $116 million in revenue in 2018, a 3% drop year-on-year, despite its average revenue per month per operating rig falling away significantly in the lastRead More
Marijuana stocks have come a long way... but it hasn't been an easy ride.Just ask any marijuana investor who bought shares last year. They may have been tearing their hair out, as I was many times throughout the year.You can watch our horror unfold by the movements of the Horizons Marijuana Life Sciences ETF (HMMJ.TO) chart in the last year:This ETF charts the "equity securities of life sciences c...Read More
The US$10-billion Newmont-Goldcorp transaction has market watchers wondering if more gold M&A are in store this year.Read full newsRead More
Searchlight Resources Inc. (TSXV:SRCH) is extending investors an invitation to visit them at the Vancouver Resource Investment Conference (VRIC), which is taking place from January 20 to January 21, 8 am to 5pm at the Vancouver Convention Centre West.Read full newsRead More
Goldman Sachs was the best Dow stock todayThe Dow spent the entire session trading in positive territory, thanks to a strong earnings reaction for Goldman Sachs (GS). The broader S&P 500 Index also gained ground amid a broader rally in bank stocks, while the Nasdaq climbed on Apple (AAPL) tailwinds, as buzz swirled around a potential Apple Watch Medicare program. But as the major U.S. benchmarks s...Read More
Analysts at Fitch Solutions are feeling bullish from spot levels on nickel, lead, copper, tin and gold over 2019, but are bearish on iron and coal, according to new reports on mining the Americas.The outlook for Americas mining remains positive over the coming years, but miners will face challenges from tension over water usage from local communities if El Ni??o strikes and political uncertainty s...Read More
Analysts at Fitch Solutions are feeling bullish from spot levels on nickel, lead, copper, tin and gold over 2019, but are bearish on iron and coal, according to new reports on mining the Americas.The outlook for Americas mining remains positive over the coming years, but miners will face challenges from tension over water usage from local communities if El Ni??o strikes and political uncertainty s...Read More
Companies to apply Intrexon's proprietary Botticelli?,,? platform toward rapid and sustainable cannabis plantlet productionRead full newsRead More
The retailer said full-year profit will likely arrive at the low end of its expected rangeThe shares of Nordstrom, Inc. (NYSE:JWN) are trading down 4.9% at $44.97 -- fresh off a 14-month low of $43.04 -- after the department store said its full-year adjusted profit will likely arrive at the lower end of its projected $3.55-$3.65 per share range, following a tame 0.3% rise in same-store sales durin...Read More
Jefferies reiterated its belief in PETQ stock after the presentationPetIQ Inc (NASDAQ:PETQ) is enjoying a two-day rally thanks to the company's presentation at the ICR conference. The shares closed at $24.69 on Monday, and were last seen trading at $28.60 after trading as high as $31.55 earlier today. Despite paring most of its gains today, the equity isholding above its 200-day moving average and...Read More
TBLT is the best stock on the Nasdaq today, tripling on a partnershipStocks are confidently in the black today, thanks to an encouraging start to earnings season. While video game maker Electronic Arts Inc. (NASDAQ:EA) is down, airliner United Continental Holdings Inc (NYSE:UAL) and home improvement name ToughBuilt Industries Inc (NASDAQ:TBLT) are pushing higher. Below, we'll take a look at what...Read More