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
Investors are starting 2019 with a variety of interesting options when it comes to adding stocks to their portfolios. Gold has not been on the radar for some years, but that might change.A new gold rally?The gold sector has under performed since 2011 and investors can be forgiven for giving the miners a wide berth. Most stocks in the industry have fallen significantly amid over-leveraged balance s...Read More
(IDEX Online) - TrueFacet, which sells mostly pre-owned watches and jewelry items, has raised $10 million in a financing round, according to reports. The New-York based company sells pre-owned authenticated watches and jewelry. The company says it has more than 40,000 watches and 55,000 pieces of pre-owned authenticated watches and jewelry for sale on its site. It has more rec...Read More
(IDEX Online) - Las Vegas police said a suspect was killed and an employee injured after an attempted robbery turned into a shootout in the central Las Vegas Valley. Two suspects went into the John Fish Jewelers store and attempted to tie up a customer and employees in order to carry out the robbery. However, an employee in the back room, armed with a legal concealed gun, came out a...Read More
(IDEX Online News) - Price changes in round and fancy shape diamonds in December were fairly evenly divided between decliners and risers, with relatively few changes in the smallest and largest sizes. In round goods, stones of 0.23-0.29 carats in K, VVS1-VS2, fell 4%; in 0.30-0.39 carat diamonds D-F, VS2, by 2-3%; in 0.45-0.49 carat diamonds D, VS2-SI2, of 1-3%. Meanwhile, there were rises in diam...Read More
Around this time of year, it’s a good idea to stop and look back, taking stock of all the incredible and difficult things that happened over the last 365 days.The Internet is full of “Top 2018” lists that span the best books, movies, music, celebrity moments etc. to allow you to reflect on the past year.This week, I’m looking forward to the top trends and predictions for 20...Read More
Gold’s fierce year-end rally may have surprised a lot of people… I mean, even peeps like me who are getting kind of used to witnessing these sharp reversals around December timeframe, well, even then, I can’t ever say for certain I expect this trend to continue…In early December, though, I did write the following post, kinda letting readers know that a rally in gold was som...Read More
An Australian mining company wants to expand its mine in South Carolina because they have found more gold.Read full newsRead More
Red Pine Exploration Inc. (TSXV:RPX) (the "Company" or "Red Pine") confirms that it has filed on SEDAR the National Instrument 43-101 ("NI 43-101") technical report in support of the initial Mineral Resource Estimate for the Minto Mine South Project, announced on November 15, 2018. Read full newsRead More
Last week's other top-gaining mining stocks on the TSX were Americas Silver, Pengrowth Energy, Nevada Copper and Almonty Industries.Read full newsRead More
In the last full week of the year, LSC Lithium, Westhaven Ventures, M2 Cobalt, Angkor Gold and Wolfden Resources were the TSXV's top gainers.Read full newsRead More
Oil and gold both finished with annual losses, their first since 2015On the final trading day of a wild 2018, stocks finisheda low-volume session higher with little fanfare. The Dow held on to its gains all day, finishing up more than 260 points. China trade optimism helped push the S&P and Nasdaq into the black, too. However, all three benchmarks finished with steep monthly and quarterly deficits...Read More
Stop picking losers with this strategy used by the richest investors.Forget P/E ratios and earnings per share...Forget the advice to "buy what you know" (no matter what Warren Buffett says)...Forget everything you think you know about picking stocks...The world's richest investors don't pay attention to any of that stuff. They know none of those factors impact the direction a stock's price is abou...Read More
Hindenburg Research raised more issues about Aphria's latest buyout offerStocks are trading higher in the last day of 2018. While the pre-holiday session has been mostly quiet, automaker Tesla Inc (NASDAQ:TSLA), healthcare issue Heron Therapeutics Inc (NASDAQ:HRTX), and weed stock Aphria Inc (NYSE:APHA) are all making notable moves. Below, we'll take a look at the news on shares of TSLA, HRTX, an...Read More
This stunning research revealed by the former hedge-fund who predicted the last NASDAQ crash could have some Americans thinking twice before hoarding cash.Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is go...Read More
Facebook and weed stocks were popular among Schaeffer's readersAfter enjoying a slow burn higher through 2016 and 2017, the S&P 500 Index (SPX) turned on the volatility switch in 2018, amid concerns about U.S.-China trade relations, a raw Brexit, gridlock in Washington, D.C., a global oil glut, and more. It's been a roller-coaster year for the stock market index, powering to record highs in Septem...Read More
GE just ran up to its 40-day moving average -- a historically bearish signal for the stockShares of General Electric Company (NYSE:GE) will be ending the year deep in the red -- down nearly 58%, and set for their worst year on record. Now, the former Dow stock might be looking at even bigger losses in January. Specifically, GE shares just came within one standard deviation of their 40-day moving a...Read More
Is Trump winning?Read full newsRead More
Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S.Bullion futures held near a six-month high after topping $1,280 an ounce, and the metal posted its best monthly gain in almost two years. December's rally has pared an annual decline, the first full-ye...Read More
In October, the U.S. Securities and Exchange Commission (SEC) adopted a final rule that overhauls its existing disclosure requirements for mining company issuers. The new disclosure requirements replace the SEC's existing Industry Guide 7 which had not been updated in over 30 years. The final rules provide a two-year transition period so that a registrant will not be required to begin to comply wi...Read More
In October, the U.S. Securities and Exchange Commission (SEC) adopted a final rule that overhauls its existing disclosure requirements for mining company issuers. The new disclosure requirements replace the SEC's existing Industry Guide 7 which had not been updated in over 30 years. The final rules provide a two-year transition period so that a registrant will not be required to begin to comply wi...Read More