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

The company cited strong sales of Amazon devicesThe shares of Amazon.com, Inc. (NASDAQ:AMZN) are up 2.8% to trade at $1,382.31, after the tech giant announced record breaking sales for the holiday season -- citing strong demand for Amazon devices. Today's pop puts the FAANG stock on track to snap its four-day losing streak, and potentially log its second win in nine sessions. More broadly, Amaz...Read More

How tax-related short covering can lead to gains in the first week of a new calendar yearShrewd investors can delay paying taxes on profits by a year if they wait until January to sell off their winners. Short sellers who have made money, likewise,can wait until the New Year before covering their shorts. If this phenomenon is prominent enough, then we should be able to identify some potential shor...Read More

The shares are higher today, though, on a $185 million Israeli grantThe shares of Intel Corporation (NASDAQ:INTC) are up 0.2% today to trade at $43.68, after the company inked a $185 million grant with the Israeli government. This comes as part of Intel's larger $5 billion expansion plans in Israel, where the chipmaker is one of the leading exporters and employers. It's been a roughly stretch f...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Reports that AngloGold Ashanti Ltd. is considering a London listing provides some festive cheer to a city that's lost its way as a home for gold miners.While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world's premier gold trading hub and its financiers have bankrolled the industry since the development of South Africa's giant gold fiel...Read More

Other than being the country where Cuban revolutionary Che Guevara was killed, most North Americans know little about Bolivia.The landlocked country is surrounded by Peru, Brazil, Paraguay, Argentina and Chile. Today, it is South America's poorest nation. But in the 1960s, Bolivia was going to be the launchpad of Che Guevara's socialist revolution.Ernesto "Che" GuevaraChe's legacyBorn in Argentina...Read More

Oil prices are higher this morning, tooStock futures are trading above fair value this morning, pointing to a recovery from a historically brutal Christmas Eve trading session that pushed the Dow Jones Industrial Average (DJI) to a 15-month low, and the S&P 500 Index (SPX) to the cusp of bear-market territory. Amid what's expected to be another low-volume session, oil prices will be in focus, with...Read More

For the past nine months, a U.S. company that is the world's largest producer of lithium - a key ingredient in electric-car batteries - has been locked in battle with the Chilean government over pricing issues, production quotas and environmental compliance. With no resolution in sight, the fight is sending tremors all the way up the electric vehicle supply chain that provides batteries to Tesla I...Read More

For the past nine months, a U.S. company that is the world's largest producer of lithium - a key ingredient in electric-car batteries - has been locked in battle with the Chilean government over pricing issues, production quotas and environmental compliance. With no resolution in sight, the fight is sending tremors all the way up the electric vehicle supply chain that provides batteries to Tesla I...Read More

The recent news that the threat of a full-blown trade war between the world's two largest economies, the U.S. and China, is easing has bolstered the outlook for the global economy. While concerns over an economic slowdown continue to fester, there are signs that the economic slowdown may not be as severe as anticipated by some pundits. That's good news for metals miners such as Labrador Iron Ore R...Read More

(IDEX Online) - Diamond firms Niru Group and EZ Diamonds are combining their polished diamond operations into a joint business.   Both manufacturers are specialists in small high-quality diamonds typically used by watch and jewelry makers with thousands of calibrated assortments. EZ Diamonds' round stones of 0.70 carats and below will move into Niru's   The companies say they...Read More

(IDEX Online) - De Beers has announced its sales dates for next year, while ALROSA has published its sales results announcements for 2019.   De Beers Sales Cycles 2019: Sight 1: January 21-25 Sight 2: February 25 - March 1 Sight 3: April 1-5 Sight 4: May 13-17 Sight 5: June 17-21 Sight 6: July 22-26 Sight 7: August 19-23 Sight 8: September 23-27 Sight 9: November 4-8 Sight 10: December 9-13 &...Read More

I hope you had a wonderful Christmas. And I hope you got the chance to look at that potentially life-changing video... though if you didn't don't worry. I made sure to get you some extra time, just click here to take a look before it comes down tonight!After that, let's back to the story.What's Your Game?If you didn't already know, rugby is one of the most physically demanding sports there is, far...Read More

In addition to The Northern Miner's full podcast episodes that can stretch beyond an hour, we also produce bonus, short, single-topic podcast segments, called a "Miner Moment". The following are the best Miner Moments of 2018, as selected by Northern Miner editor-in-chief John Cumming, in chronological order:________________________________________1. Miner Moment #9: Artisanal cobalt mining in th...Read More

Dozens of massacres and a sprawling organized crime structure are behind a recent alliance between the governments of Venezuela and Turkey to extract, refine and market the "blood gold" that leaves the Amazon and supplies cross-border illegal economies. During a recent visit to Venezuela, President Recep Tayyip Erdogan ratified the leading role of Turkey in ...Read full newsRead 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

A federal judge in Wisconsin has tossed a Native American tribe's challenge...Read full newsRead More

(IDEX Online) - Lucapa Diamond Company Limited has declared an $8 million distribution and loan repayment.   Of the $8 million, half will be distributed to the partners in the Lulo mine in Angola, with Lucapa receiving $1.6 million in line with its 40% interest. The other $4 million will be a loan repayment to Lucapa.   The $8 million payment will come from the cash reserves of SML, the...Read More

(IDEX Online) - Maxim Shkadov, Director General of Russia's Kristall (Smolensk), the largest diamond manufacturer in Russia, is leaving the company to join ALROSA.   He will be involved "in the issues of integration of ALROSA and Kristall, the two largest Russian enterprises in the field of production and manufacturing of diamonds," Kristall said in a statement.   The integration o...Read More

The following are the best human-interest stories that appeared in The Northern Miner in 2018, as selected by editor-in-chief John Cumming (click on headline to read story in full).Mining titan and philanthropist Peter Munk's lifetime of achievementBy Trish Saywell, April 11, 2018It's an extraordinary story about an extraordinary man who became one of the most legendary entrepreneurs in Canadian h...Read More