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

Diamond drilling on the Moosehead gold project in central Newfoundland. Source: Sokoman Iron Corp.Sokoman Iron Corp. [SIC-TSXV] on Friday December 14 released more assay results from its Moosehead gold project on the island of Newfoundland, a move that sparked heavy trading in the shares.Sokoman was down 11.43% or $0.02 to 15.5 cents on volume of almost 7.6 million, making the junior the most acti...Read More

Firestone Diamonds has recovered a 46 ct white diamond, from its Liqhobong mine, in Lesotho.The diamond was recovered undamaged and will go on sale at the next tender, which is scheduled to take place at the end of January 2019.AdvertisementIn a statement on Friday, the company also reported a stabilisation in pricing for the smaller, lower-value diamonds on offer at a sale concluded on December 7...Read More

Media coverage of the diamond industry in 2018 has been dominated by the inroads made in terms of laboratory-created diamond production and distribution, as well as their pricing dynamics, independent diamond expert Paul Zimnisky observed in a statement on his website, published last month. He commented that several new players had entered the synthetic-diamond space, and that improved production...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe deal, which was announced in June, would have seen the Melbourne-based private equity firm pay US$230 million for the mine, plus around $40 million through the sale of copper stockpiled at the operation, and up to $50 million in the future depending on the copper price.The acquisition was set to close before the end of December...Read More

The Angolan government in early December approved the new regulations concerning the commercialisation of diamonds, the Macauhub news agency has reported.The country’s Council of Ministers (Cabinet) approved the regulations on December 5. The official title of the new set of rules is the Technical Regulation of the Commercialisation of Rough Diamonds.AdvertisementStrategic ObjectivesThe new...Read More

Sustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge 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 mineralsIn an open letter to Hudbay shareholders on Thursday, Waterton chief investment officer Isser Elishis lamented Hudbay's...Read More

“Is there a real estate bubble?” That’s the question I’m asked repeatedly. When I reply honestly, “I hope so," the person asking me will sometimes get angry.“You want the market to crash?” asked one young man incredulously, at an event where I was a featured speaker.“Yes,” I replied. “I love market crashes.”Apparently not wanting to...Read More

Although there are many things that brought me out to the Philippines (for starters, I have a strong preference/affinity to being around warm weather), one thing that I was hoping to be true (from the beginning) was this: Leave behind a world filled with people who are too caught up in whining about “first world” problems… Nothing wrong with that, I been there, done tha...Read More

LONDON – The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s frozen north.The 552 ct yellow gem was found at the Diavik mine in the Northwest Territories, and is almost three times the size of the next largest stone ever found in Canada. While Diavik and the neighboring Ekati mine produce some...Read More

This week I've been in Washington, D.C. for high level meetings focused on the economy. While meeting with senior officials and members of the House and Senate, it became clear that a troubling phenomenon is building.Your correspondent at the Eccles Federal Reserve Board Building in Washington D.C.In the wake of recent stock market volatility and uncertainty surrounding monetary policy, it seems t...Read More

In Chicago, Mayor Rahm Emanuel wants to use tax revenue from legal marijuana sales to fund pensions."Illinois legislators will be taking a serious look next year at legalizing recreational marijuana," Emanuel said in a speech to the city council. "Should they follow that course, a portion of that revenue could go toward strengthening our pension funds and securing the retirement of the workers who...Read More

Crypto-Crypt or Gold Mine? As you probably remember, Bitcoin was the big news headlines and the dinn...Read full newsRead More

Crypto-Crypt or Gold Mine? As you probably remember, Bitcoin was the big news headlines and the dinn...Read full newsRead More

Let us take away all the holiday tension, worries, and in-laws this season with a much deserved Whistler getaway in our 12 Days of Giveaways!Read full newsRead More

Let us take away all the holiday tension, worries, and in-laws this season with a much deserved Whistler getaway in our 12 Days of Giveaways!Read full newsRead More

The Dow was up over 200 points at its session highsVolatility once again reared its ugly head today. The Dow was up more than 200 points at its session high, then briefly swung into the red before finishing modestly higher.Stocks initially cheered the latestjobs data, and a rally from Procter & Gamble (PG) lifted the blue-chip barometer. However, optimism about U.S.-China trade relations seemed to...Read More

Analysts were unusually upbeat toward the long-term laggardSubscribers to our Weekend Trader Series service recently doubled their money with the Invesco Ltd. (NYSE:IVZ) January 2019 23-strikeput. We'll take a closer look at why IVZ stock remained on our bearish radar, and how another winning options trade unfolded.When we entered the position on Monday, Nov. 5, the investment management concern...Read More

If you're looking to step up your Instagram game, you're in luck. London Drugs is giving away a Sony a6300 in our 12 Days of Giveaways!Read full newsRead More

If you're looking to step up your Instagram game, you're in luck. London Drugs is giving away a Sony a6300 in our 12 Days of Giveaways!Read full newsRead More

On Thursday, platinum futures dipped below $800 an ounce as the metal slides back to near 15-year lows first reached in August.Investors have lost interest in platinum with ETF holdings dropping to five year lows. Other indicators are also bearish - the last time platinum traded at this deep discount to sister metal palladium was in 2001. In 2008, platinum was at a $1,750 premium to palladium. As...Read More