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
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
Desert Gold Ventures Inc. ("Desert Gold" or "the Company") (TSXV:DAU) is pleased to announce that it has successfully renewed its 100% owned Farabantourou permit for an initial 3-year term.Read full newsRead More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More
December is historically a bullish month for stocksDecember is known to be a bullish month for stocks. The table below comparing monthly returns of the S&P 500 Index since 1950 confirms this, with the last month of the year showing both the highest average return and percent positive. Another interesting stat for December is that since 1929 -- as far back as we have data on the index -- it has nev...Read More
Oil and gold both finished lower, however, as the U.S. dollar ticked higherThe Dow opened lower today -- pressured in part by losses for tariff target Apple (AAPL) ahead of this weekend's much-anticipated G-20 meeting -- but the index eventually clawed higher after exploring a 334-point range on both sides of breakeven. Traders showed some cautious interest in defensive names after Fed Vice Chair...Read 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
The stock has historically struggled in DecemberApple (AAPL) is in the news today, after President Donald Trump threatened a 10% tariff on iPhones and laptops imported from China. As a result, Apple suppliers such as Qorvo Inc (NASDAQ:QRVO) are lower today, down 0.5% to trade at $65.34, at last check. What's more, the worst could be yet to come for QRVO heading into December. According to Sc...Read More
Bearish traders are targeting X ahead of the G-20 summitThe U.S. stock market has made amove higher in the last hour of trading. A number of individual stocks are making notable moves, too, including cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), steelmaker United States Steel Corporation (NYSE:X), and alternative energy stock Vivint Solar Inc (NYSE:VSLR). Here's a quick look...Read More
Eurasian Resources Group has concluded power supply arrangements for its Frontier mine in the Democratic Republic of Congo.The contract was signed by the Soci?(C)t?(C) Nationale d'??lectricit?(C), the national electricity company of the Republic of Zambia; and Rawbank, a top commercial bank in the DRC.Frontier mine is a cornerstone of ERG's copper business and is situated on the DRC-Zambia border....Read More
Eurasian Resources Group has concluded power supply arrangements for its Frontier mine in the Democratic Republic of Congo.The contract was signed by the Soci?(C)t?(C) Nationale d'??lectricit?(C), the national electricity company of the Republic of Zambia; and Rawbank, a top commercial bank in the DRC.Frontier mine is a cornerstone of ERG's copper business and is situated on the DRC-Zambia border....Read More
Eurasian Resources Group has concluded power supply arrangements for its Frontier mine in the Democratic Republic of Congo.The contract was signed by the Soci?(C)t?(C) Nationale d'??lectricit?(C), the national electricity company of the Republic of Zambia; and Rawbank, a top commercial bank in the DRC.Frontier mine is a cornerstone of ERG's copper business and is situated on the DRC-Zambia border....Read More
RACE shares have struggled since their June peakFerrari N.V. (NYSE:RACE) call volume running wild today, with more than 4,800 contracts crossing, compared to a daily average of just 667. Trade-Alert notes that more than half the volume has taken place at the February 2019 105-strike call, where one speculator loaded on more than $2 million worth of options -- almost 2,800 contacts in total -- via...Read More
Renforth Resources (CSE:RFR) (Read full newsRead More
Australia-based Forefront played a significant role in the future of international mine safety when it launched an innovative application product to the worlds' mining community at the fourth International Symposium on Block and Sublevel Caving, held in Vancouver October 2018.The event presented the perfect opportunity to launch HEX-RITE, a lifting tool used for charging high explosives into drawp...Read More
Australia-based Forefront played a significant role in the future of international mine safety when it launched an innovative application product to the worlds' mining community at the fourth International Symposium on Block and Sublevel Caving, held in Vancouver October 2018.The event presented the perfect opportunity to launch HEX-RITE, a lifting tool used for charging high explosives into drawp...Read More
Minnesota- based Tacora Resources has secured the needed cash to restart the Scully iron ore mine at Wabush, Newfoundland. Funds are available from a $212 million private equity and senior secured debt financing as well as up to $64 million in mining equipment and debt financing.Tacora acquired the Scully mine in July 2017 and conducted a feasibility study for the mine's reopening. The results w...Read More
Minnesota- based Tacora Resources has secured the needed cash to restart the Scully iron ore mine at Wabush, Newfoundland. Funds are available from a $212 million private equity and senior secured debt financing as well as up to $64 million in mining equipment and debt financing.Tacora acquired the Scully mine in July 2017 and conducted a feasibility study for the mine's reopening. The results w...Read More
FREETOWN - Sierra Leone President Julius Maada Bio has called for an immediate end to a strike at Iluka Resources' mining unit Sierra Rutile, which has shuttered operations since last week.The strike is the second in the past month at Sierra Rutile, one of Sierra Leone's largest companies, following a week-long stoppage in October that led Iluka to cut its output forecast of rutile, which is used...Read More
Funding shortfalls see large U.S. public pension funds turning to opportunistic investments, which often involve overhauling something that retirement systems hope to sell at a profit, sometimes taking on debt to finance construction.Read full newsRead More
Additional drilling at its 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project's resource estimate from a maiden resource estimate in 2015, according to Tinka Resources (TSXV: TK). The carbonate replacement deposit at Ayawilca contains two different types of mineralization; tin-copper mineralization (the tin zone...Read More