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
Full Article: Is the Fed Done Hiking Rates? Watch the Price of Gold By: Frank HolmesKing Dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in the U.S. But greenback strength is a double-edged sword, as you know. Although good for U.S. consumers, it can hamper exporters, commodities, oil, gold and more.So...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE) will hold its first tender of Israeli goods during the International Diamond Week in Israel (IDWI). The tender will take place from January 27-31, and will be held at IDE's International Tender Center. It will consist of a wide and varied array of polished goods offered by IDE members, with a total value of over $10 million. KOIN Internatio...Read More
(IDEX Online) - The Israel Precious Stones and Diamonds Exchange (ISPDE) reported a strong turnout at a specially organized event on Tuesday where members exhibited goods. ISPDE President Shlomo Eshed said he was delighted with the event which the exchange now plans to hold twice a year. "It was an exceptional event," said Eshed. "The members were delighted with the turnout. ...Read More
(IDEX Online) - Lucara Diamond Corp. reported that it carried out its first diamond sale through Clara Diamond Solutions, its 100% owned digital sales platform. Seven manufacturers participated in the sale, five of whom matched and received their orders. All told, diamonds successfully matched to orders generated revenue of $660,865, achieving +8% over Lucara's market price and +15% o...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 consultancySPONSOREDbyrnecutWell, another one bites the dust.Read More
Tiffany & Co. is telling consumers where its diamonds come from as the jeweler tries to become more transparent in a notoriously opaque industry. Its top executive says the change was imperative.“This is a topic that has become more and more relevant for new generations,” Chief Executive Officer Alessandro Bogliolo said in an interview with Bloomberg TV. “This is our duty, as...Read More
Are stocks "cheap" again?Is it time once again to cast your bread upon the waters... and buy?Today we rise above the daily hurly-burly of the market... take the long view... and ransack the past for clues about the future.The major averages were negative for 2018. And the stock market has just emerged from its bleakest December since 1931.But the market has found a toehold, bleats the consensus. T...Read More
Weed stocks have had a great start to the year so far.After the short attack on Aphria last month, many of the quality names were sharply sold off.I attribute that to a few things...One, people were deadout scared that the short report about Aphria was correct and their favorite stock - Canopy, Tilray, whatever - could also be a scam.Two, some of these stocks were up hundreds or thousands of perce...Read More
Pierre Lassonde, chairman of Franco-Nevada, joins BNN Bloomberg to discuss why he believes 2019 will be a favorable year for gold. He also discusses his concerns about mining activity slowly moving away from Canada.Read full newsRead More
At least 40 people died and another 10 were injured in a gold mine collapse Sunday in northern Afghanistan, authorities said.Read full newsRead More
Focus will be on US-China trade talks and its result. Central banks are buying gold as per releases by the world gold council. Retail investors are waiting for more correction. Right now there is NO "herd mentality" to buy or invest in gold and silver. Herd is there when prices shoot up in the short term with no signs of correction. In the next seven days (till 16th January 2019), spot gold need...Read More
Focus will be on US-China trade talks and its result. Central banks are buying gold as per releases by the world gold council. Retail investors are waiting for more correction. Right now there is NO "herd mentality" to buy or invest in gold and silver. Herd is there when prices shoot up in the short term with no signs of correction. In the next seven days (till 16th January 2019), spot gold need...Read More
The question of whether precious metals have a place in one's portfolio is a never-ending debate, but an equally important yet often-overlooked question isRead full newsRead More
The question of whether precious metals have a place in one's portfolio is a never-ending debate, but an equally important yet often-overlooked question isRead full newsRead More
(Corrects mix of assets for Vanguard Intermediate-Term Corporate Bond ETF under "stocks, ETFs in trouble.") In December, the S&P 500 Index fell 10%. It was its worst December since 1931. When the market drops, conventional investing wisdom says buy bonds. And this is what investors did. Many have shifted money out of stocks into bonds. Much of that money has flowed into investment-grade corp...Read More
Ascot Resources and IDM Mining say the merger will create aRead full newsRead More
As we mentioned in an update to members Sunday night, over the next 30-60 days we are working to implement and automate some of our best trading setups (Trend/Swing trades, spike alerts, and gap trade) so they post instantly for you in the member's area. Our goal is to provide members with 1-3 trade setups each week like clockwork.Below is a quick update showing two setups that unfolded this m...Read More
Boeing popped on positive trade headlines, while subscriber growth boosted VerizonPositive U.S.-China trade headlines fueled a risk-on session today, with negotiators extending talks to a third day. The Dow climbed 256 points, boosted by a strong gain for trade-sensitive stock Boeing (BA). Verizon (VZ) also created tailwinds for the blue-chip index, thanks to impressive subscriber growth. This hel...Read More
SunTrust Robinson upgraded the stock to "buy"The shares of Monster Beverage Corp (NASDAQ:MNST) are popping on an upgrade from SunTrust Robinson. The brokerage firm hiked its rating to "buy" from "hold," and lifted its price target to $65 from $50. Analyst William Chappell also upped his earnings estimates for the next two years, and downplayed concerns overCoca-Cola (KO) entering the energy drink...Read More
Pan American Silver (TSX: PAAS) announced Tuesday that shareholders overwhelmingly (98%) approved the resolution to increase the maximum number of authorized shares of Pan American and the resolution to issue up to 72,533,152 Pan American shares in connection with the proposed plan of arrangement that Pan American will acquire all of the issued and outstanding shares of Tahoe Resources.Tahoe share...Read More