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
Mahenge 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 mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineThe demobilisation of the FARC guerrilla group has lowered the overall terror threat in Colombia but the risk to reso...Read More
A few weeks back, I explained to you that Europe and Japan were the poster kids of monetary irresponsibility and that no matter how loud the dollar bears scream, it's Europe and Japan that will blow up first.I also told you that "the December rate hike and the volatility a rising dollar will cause globally is the setup for an explosive 2019 as the Fed will blink and reverse course, leading to a se...Read More
The company increased Measured & Indicated resources at both projects.Read full newsRead More
Palladium soared to a record high on Tuesday, fuelled by speculative interest an...Read full newsRead More
Palladium soared to a record high on Tuesday, fuelled by speculative interest an...Read full newsRead More
The alternative ending for last night's Trump-Xi dinner...Chinese stocks soared after the trade truce, but like US, leaked back in the afternoon session with no follow-through...Read full newsRead More
Trump isn't going to like this...Read full newsRead More
Klondike Gold (TSX-V: KG; FRA: LBDP) reported that, in 2018, it drilled 87 holes totaling 9,511.93 metres at the Lone Star Zone of its Klondike District Property. To date, the company has received final assay results from 51 of the diamond drill holes. Such results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization. "Hole LS18-201 on 12300E...Read More
Klondike Gold (TSX-V: KG; FRA: LBDP) reported that, in 2018, it drilled 87 holes totaling 9,511.93 metres at the Lone Star Zone of its Klondike District Property. To date, the company has received final assay results from 51 of the diamond drill holes. Such results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization. "Hole LS18-201 on 12300E...Read More
Klondike Gold (TSX-V: KG; FRA: LBDP) reported that, in 2018, it drilled 87 holes totaling 9,511.93 metres at the Lone Star Zone of its Klondike District Property. To date, the company has received final assay results from 51 of the diamond drill holes. Such results have prompted a plan to continue exploration to affirm multiple local sources of bedrock gold mineralization. "Hole LS18-201 on 12300E...Read More
FAIRBANKS - Joan Skilbred has taught herself to scan for garbage in the background of century-old photographs of Fairbanks.Read full newsRead More
Last week, the British Columbia Securities Commission (BCSC) issued a notice that caused retail traders and investors to rejoice. AfterRead full newsRead More
Last week, the British Columbia Securities Commission (BCSC) issued a notice that caused retail traders and investors to rejoice. AfterRead full newsRead 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
Larry Kudlow and Steven Mnuchin waxed optimistic on the U.S.-China truceThe Dow kicked off December with a bang, finishing nearly 300 points higher thanks to optimism generated from the U.S.-China trade truce. The blue-chip index did, however, pare some of its initial gains, after being up 441 points at its early intraday peak. Treasury Secretary Steven Mnuchin also weighed in, expressing optimi...Read More
Source: BloombergRelief that an escalation in the trade war between the US and China has been avoided - at least for now - sparked a huge rally in mining stocks on Monday.Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 a tonne and while the rally in the price of copper had fizzled out by afternoon trading, it did not stop investor...Read More
Source: BloombergRelief that an escalation in the trade war between the US and China has been avoided - at least for now - sparked a huge rally in mining stocks on Monday.Gold closed at a one-month high just shy of $1,240 an ounce, iron ore continued to climb from recent lows above $66 a tonne and while the rally in the price of copper had fizzled out by afternoon trading, it did not stop investor...Read More
Right now, the demand for marijuana is now through the roof and this small-cap cannabis company could rise as a major player! The marijuana industry is close to wrapping up a very exciting year for investors. Many solid cannabis companies hit major markets expanding their exposure.Also, with former attorney general Jeff Sessions out of office, this could provide the next marijuana boom for U.S com...Read More
QUEBEC - Monarques Gold Corp. of Montreal has received a positive feasibility study for its 100% owned Wasamac gold project 15 km west of Rouyn-Noranda. The study concludes that the underground mine will produce an annual average of 142,000 oz. of gold over a life of 11 years.The Wasamac underground access and development concept. (Image: Monarques Gold)According to the feasibility study, Wasamac...Read More
NUNAVUT - Ottawa-based Aura Resources has issued an update of the work done at the Greyhound gold property, a partnership of Aura and Agnico Eagle Mining (the operator and holder of an optioned 70% interest). The project is located 40 km north of Baker Lake, and 32 km south of Agnico's Meadowbank gold mine.Agnico has completed surface mapping, induced polarization surveys, geochemical sampling, an...Read More