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
It was finding gold at Rabbit Creek and along the riverbeds of the Klondike that forever changed one of the world's final frontiers - the Yukon Territory - and cemented the region's roots as an inspiring Canadian mining district.Yukon's rich mining history continues to provide exciting discoveries, varied commodities and significant opportunities for northerners and investors alike.As we kick off...Read More
As Minister of Industry Tourism and Investment for the Government of the Northwest Territories, one of my jobs is to champion resource development for our unique place in Canada's North.At events, conferences and meetings, I tell people about our rich mineral resources; I talk about what we're doing as a government to support exploration; I highlight what northern resource and infrastructure devel...Read More
Golden Mile has the right stuff: ReynoldsSPONSOREDgolden mile resourcesDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalThe Ley Reservada was enacted in October 1958 and directly allocates 10% of export sale...Read More
Anfield Energy Inc (CVE:AEC, OTCQB:ANLDF) told investors it had significantly expanded its uranium and vanadium portfolios with the acquisition of two projects.The Burnaby, Canada based resource group has inked an asset purchase agreement (APA) with Cotter Corp to acquire the Charlie ISR uranium project in the Pumpkin Buttes uranium district in Johnson county, Wyoming.READ: Anfield Energy hails la...Read More
A most humbling year, 2018 was for many sectors… Outside of cryptocurrencies, perhaps no other sector got trainREKT as bad as cobalt…2018 started off auspiciously enough with the “key ingredient” found in lithium-ion batteries catapulting to new heights, blasting through $40/lb, with many thinking $50/lb was just around the corner (and imminent).Well, let’s just say p...Read More
TSX-, Nasdaq- and Botswana Stock Exchange-listed Lucara Diamond Corporation finalised its inaugural diamond sale through its digital sales platform, Clara Diamond Solutions, in December.Seven manufacturers participated in the sale, five of whom matched and received their orders through the platform.AdvertisementCEO Eira Thomas said in a statement on Tuesday that the trial sale marked a momentous m...Read More
(IDEX Online) - After more than 12 years of operations in Antwerp, India's ICICI Bank is withdrawing from diamond trade financing. Clients were requested at the end of December to close their accounts before the end of February as ICICI Bank UK PLC will be shutting down on March 29. The Antwerp branch of the bank, which opened in Antwerp in May 2006, is a unit of India's ICICI Bank...Read More
The case for a pending financial collapse is well grounded. Financial crises occur on a regular basis including 1987, 1994, 1998, 2000, 2007-08. That averages out to about once every five years for the past thirty years. There has not been a financial crisis for ten years so the world is overdue. It's also the case that each crisis is bigger than the one before and requires more intervention by th...Read More
Today, additional evidence that recession - or worse - is in sight.But first, it appears the "Powell put" may extend the countdown clock…Since Jerome Powell's dovish comments on Friday, the Dow Jones has been up and away... as an addict thrills to the promise of additional stimulant.It leaped another 256 points today.Both S&P and Nasdaq have been similarly seduced.The S&P ended the d...Read More
My family has settled into a really boring and pointless Christmas tradition in recent years. This year was different.I write about the markets and investing, my brother works for a private fund, and my cousin works for a major fund that's open to the public.We're all inevitably in the same room at some point and we get pitched softball questions about the markets and investments.This year took a...Read More
The makeshift mine collapsed trapping villagers seeking gold in north-eastern Badakhshan province.Read full newsRead More
Last week saw Vision Lithium, NRG Metals, Strategic Oil and Gas, Monument Mining and Advantage Lithium top our list of gainers on the TSXV.Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were Obsidian Energy, Excellon Resources, Western Copper and Gold and Questerre Energy.Read full newsRead 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
Brexit news will be the key in January. Any postponement or new conditions will result in the cable seeing a sell off against the US dollar. Gold will benefit if there is uncertainty on brexit. Japan's prime minister Abe says that Japan is watchful of risks to the global economic recovery. In fact every nation is watchful. This is the one reason that Asia policy makers have not given a clear ind...Read More
Brexit news will be the key in January. Any postponement or new conditions will result in the cable seeing a sell off against the US dollar. Gold will benefit if there is uncertainty on brexit. Japan's prime minister Abe says that Japan is watchful of risks to the global economic recovery. In fact every nation is watchful. This is the one reason that Asia policy makers have not given a clear ind...Read More
China has previously spent long periods without revealing increases in gold holdings....why did China decide now was the right time to publicly admit its gold reserves are rising?Read full newsRead More
China has previously spent long periods without revealing increases in gold holdings....why did China decide now was the right time to publicly admit its gold reserves are rising?Read full newsRead More
The ISM services sector index fell to a five-month low in DecemberThe Dow explored a 386-point trading range on both sides of breakeven, though bulls eventually triumphed. Trade talks between the U.S. and China sparked most of the optimism, as China's foreign ministry expressed willingness to work with Washington, and offset a five-month low reading in the Institute of Supply Management's (ISM) se...Read More
NHTC shorts are sidelined by today's big bear gapThe plummeting shares of Natural Health Trends Corp. (NASDAQ:NHTC) are among the worst of the Nasdaq today -- down 23.8% to trade at $15.05, at last check -- after coming under scrutiny in a segment aired by China Central Television (CCTV) this weekend. Specifically, the report alleged that the e-commerce brand is operating illegally in China. The c...Read More