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
(IDEX Online) - The Israel Diamond Exchange (IDE), organizers of the International Diamond Week in Israel (IDWI), reports that due to overwhelming registration for the event only a few hotel rooms for participating buyers are available. IDWI is offering eligible buyers three complimentary nights at a local hotel, but organizers warn that late registration will not guarantee free hotel acco...Read More
Over the last two weeks, after making good on the four-rate interest hike of 2018, Fed Chairman, Jerome Powell, became more dovish to start 2019.His change in tone is worth considering because of his historical stance on reducing the amount of artificial stimulus coming from the Fed. Last week, after the required five-year holding period for Fed transcripts were up, we got a glimpse into Powell's...Read More
I heard an unsettling alarm as the screen in front of me flashed red.“Keep your eyes on the road, Zach!”The instructions caught me off-guard. I was getting scolded for looking at my instructor. And it was the car scolding me!“Our dashboard sensor picked up on the fact you were looking at me instead of the road. It can also tell if your eyes are getting sleepy or if you’re n...Read More
Russian billionaire Alexey Mordashov's mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC) to 9.96% on a non-diluted basis and 11.18% if it were to exercise all of its warrants.The Moscow-headquartered company acquired 4.61 million units in a private placement at 20 ? per unit on January 14. Each unit consists of one common share and one-half warra...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutJanuary in Australia is a hopeless time to get anything done. It's rather like August here in the UK, but worse.Read More
PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company produced 3 089 ct of diamonds from its Mothae operation, in Lesotho, during the December quarter.The 1.1-million-tonne treatment plant was commissioned during the December quarter, delivering Lucapa its second operational mine.AdvertisementLucapa said on Wednesday that the ramp-up at Mothae continued to progress well, with the p...Read More
Today we bear dramatic news:Markets have entered a "phase transition zone"… the "magic space between order and chaos."This we have on the authority of the brains at Fasanara Capital.But what will emerge on the other side - order or chaos?Today our mood is heavy, our brow creased with thought... as we hunt the answer.We begin with a hypothesis:Since the financial crisis, central banks have ac...Read More
With gold having finished 2018 and starting 2019 very strong, it is now back in the headlines.The shiny pet rock is worth 7.5% more than it was just two months ago, which is proving a good reminder to mainstream investors that gold is a loyal pet in tough times - especially for those who just watched their stock-based savings take a 15% punch in the gut during the same time.Headlines are also bei...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 25Minexia's NR Market platform is offering "competitive" commission rates for issuers of capital when compared...Read More
How you can transform lagging indicators into leading indicators.With the market action of the last few weeks, some traders may feel like they're working blind -- after all, who knows what the Dow will do next? With bulls and bears butting heads in their predictions, many investors are looking for a way to try and predict what's to come, to avoid losing any of their capital to sudden corrections a...Read More
Piss poor performance for conference host Mr. Katusa considering he charges $3495 USD a year for his subscription service. All three of his picks mentioned at the show were significantly in the red...Read full newsRead More
Piss poor performance for conference host Mr. Katusa considering he charges $3495 USD a year for his subscription service. All three of his picks mentioned at the show were significantly in the red...Read full newsRead More
Almost nobody, including May herself, expects it to pass. In fact, most analysts expect the deal to be defeated by a wide margin of at least 150 votes...Read full newsRead More
Fears of a contagion effect of the Chinese slowdown is preventing industrial metals and crude oil from rising. Focus is more on Brexit globally. There is speculation that the UK might now leave the European Union. The Cable will zoom like a space rocket if there is clear information that the UK will not leave the European Union. A second referendum vote (if any) will be in favor of the UK not le...Read More
Fears of a contagion effect of the Chinese slowdown is preventing industrial metals and crude oil from rising. Focus is more on Brexit globally. There is speculation that the UK might now leave the European Union. The Cable will zoom like a space rocket if there is clear information that the UK will not leave the European Union. A second referendum vote (if any) will be in favor of the UK not le...Read More
The founder and former chief executive officer of Goldcorp Inc. said the loss of the miner's corporate head office to the United States signals a greater risk that investment in the Canadian gold sector could start to dwindle as concerns grow that the industry is being hollowed out.Read full newsRead More
The founder and former chief executive officer of Goldcorp Inc. said the loss of the miner's corporate head office to the United States signals a greater risk that investment in the Canadian gold sector could start to dwindle as concerns grow that the industry is being hollowed out.Read full newsRead More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Some of the mining world's top executives are starting to plan their departures, driving speculation about who will lead their companies into the next decade.The changing of the guard raises the prospect of a strategic shift, as the industry searches for ways to enthuse investors after a belt-tightening era characterized by asset sales and cost control.Here, based on conversations with executives...Read More
Some of the mining world's top executives are starting to plan their departures, driving speculation about who will lead their companies into the next decade.The changing of the guard raises the prospect of a strategic shift, as the industry searches for ways to enthuse investors after a belt-tightening era characterized by asset sales and cost control.Here, based on conversations with executives...Read More