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
Gold stocks have been outperforming the Canadian stock market over the past three months with the TSX Global Gold Index gaining about 18 per cent. Greg Taylor, portfolio manager at Purpose Investments, says now could be a good time for investors to ensure they have some exposure to the group. He suggests three names: B2Gold, Agnico Eagle Mines and Franco-Nevada.Read full newsRead More
Gold stocks have been outperforming the Canadian stock market over the past three months with the TSX Global Gold Index gaining about 18 per cent. Greg Taylor, portfolio manager at Purpose Investments, says now could be a good time for investors to ensure they have some exposure to the group. He suggests three names: B2Gold, Agnico Eagle Mines and Franco-Nevada.Read full newsRead More
Alexander Pearce, vice-president of metals and mining research at BMO Capital Markets, says he expects a rising price environment for uranium to help Kazatomprom's stock.Read full newsRead More
Nando's on Davie and Howe, home of the legendary, Portuguese flame-grilled PERi-PERi chicken, wants to spread some holiday cheer so they've partnered with me to offer up a Party Pack, or two!Read full newsRead More
Nando's on Davie and Howe, home of the legendary, Portuguese flame-grilled PERi-PERi chicken, wants to spread some holiday cheer so they've partnered with me to offer up a Party Pack, or two!Read full newsRead More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
China will reportedly reduce its tariffs on U.S. autos The wild ride continued for stocks, as the Dow, S&P 500, and Nasdaq all traded on both sides of breakeven throughout the day. Stocks jumped out to a big lead on encouraging China trade news, only to give those gains back later in the day, after President Donald Trump threatened a government shutdown while battling Senate Minority Leader Chuck...Read More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
It's been another wild day on Wall Street, and these three stocks are no exceptionAfter trading higher most of the day, U.S. stocks have turned lower, marking another session of intense volatility. Three names in particular making big moves are online styling platform Stitch Fix Inc (NASDAQ:SFIX), drugmaker Portola Pharmaceuticals Inc (NASDAQ:PTLA), and regenerative tissue specialist PolarityTE In...Read More
The rally in uranium prices, which began in April this year amid production cutbacks in Kazakhstan and Canada, is set to continue as inventories of the nuclear material decline for the first time in nearly a decade.Production at Kazakhstan state-owned uranium miner Kazatomprom, responsible for more than a quarter of global output, was 19,600 tonnes during the first eleven months of 2018, a 7% decl...Read More
The oil ETF hit a record low earlierThe VanEck Vectors Oil Services ETF (OIH) is failing to capitalize on an up day for oil prices. After bottoming at a record low of $16 earlier, the fund -- whose main holdings include Schlumberger (SLB) and Halliburton (HAL) -- was last seen trading down 2.7% at $16.18, pacing for a fifth straight loss. This follows downwardly revised 2018 and 2019 oil price for...Read More
The rally in uranium prices, which began in April this year amid production cutbacks in Kazakhstan and Canada, is set to continue as inventories of the nuclear material decline for the first time in nearly a decade.Production at Kazakhstan state-owned uranium miner Kazatomprom, responsible for more than a quarter of global output, was 19,600 tonnes during the first eleven months of 2018, a 7% decl...Read More
VanadiumCorp and Electrochem Technologies and Materials have signed a patent option agreement allowing Ultra Pure Systems to purchase an exclusive licence to their VanadiumCorp-Electrochem processing technology (VEPT). The new technology will be used in the world's first dedicated vanadium processing facility in Australia.Ultra plans to integrate low cost battery grade vanadium electrolyte into...Read More
VanadiumCorp and Electrochem Technologies and Materials have signed a patent option agreement allowing Ultra Pure Systems to purchase an exclusive licence to their VanadiumCorp-Electrochem processing technology (VEPT). The new technology will be used in the world's first dedicated vanadium processing facility in Australia.Ultra plans to integrate low cost battery grade vanadium electrolyte into...Read More
Learn how to protect savings and maximize returns by investing in precious metals.The U.S. Gold Bureau would like to announce the newest edition of its guide to precious metals, perfect for anyone hoping to safeguard their investments and retirement!And today, they are giving away a free copy of their Investor's Guide to Precious Metals!Their goal is to help regular investors learn the "pro" secr...Read More
Is it time to prepare for the next financial crisis?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 going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Emirates Steel, the largest steel producer in the United Arab Emirates, has refinanced $650 million of debt with a new loan and sukuk or Islamic bond, sources close to the transaction told Reuters.The company owned by Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, raised $1.3 billion in credit facilities in 2014, due in 2022.It hired BNP Paribas to coordinate a $400...Read More
SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More
SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More
SASKATCHEWAN - Vancouver's CanAlaska Uranium and Saskatoon's Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner.Next year's work will focus on extending the footprint of the three discovery holes in 2017 and 2018. They define a halo of uranium mineralization in the sandstone. The halo measu...Read More