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
While the world's commodity markets and the broader stock markets weather a jittery season of lower lows and seething dread, there is one relatively obscure metal that is doing just fine, thank you: vanadium.The minor metal that is a key ingredient in advanced steelmaking is seeing record price highs as we go to press in mid-November.Three-year chart of vanadium pentoxide price in US$ per pound. C...Read More
We all know Thanksgiving is a time to come together with family and friends to stuff our faces full of turkey and pie.But it's also a time for extremely awkward table conversation and questions from family members you don't see all that often.Instead of discussing porn stars, caravans, gender politics, or the recent election...You should take this time to make sure your family knows about vanadium...Read More
The government has accused large-scale gold mining companies of under declaring their gold output. While numerous challenges are facing the mining sector, including foreign currency shortages resulting in some mines closing down and others downsizing, it was critical for companies to be truthful, the Deputy Minister of Mines and Mining Development, Polite Kambamura has said. Read full newsRead More
Gold and silver are steady. There is good demand for physical gold in China and ASEAN nations. Prices of gold and silver are low in Asia due to a stronger currency against the US dollar. People are taking advantage of stronger currency to buy gold. There will be sudden one way moves in bullion anytime till Friday. Asian markets and Asian traders do not sleep on US holidays. Silver demand is supe...Read More
Gold and silver are steady. There is good demand for physical gold in China and ASEAN nations. Prices of gold and silver are low in Asia due to a stronger currency against the US dollar. People are taking advantage of stronger currency to buy gold. There will be sudden one way moves in bullion anytime till Friday. Asian markets and Asian traders do not sleep on US holidays. Silver demand is supe...Read More
It's not different this time, it never has been. The historical script: Bulls take everything to ever more extremes and keep raising target prices along the way ignoring the technical charts ...Read full newsRead More
Brings total funds raised since announcing a reverse takeover in July to more than $140 millionRead full newsRead More
The company started drilling after the Minnesota Department of Natural Resources identified aRead full newsRead More
A preliminary economic assessment for TriStar Gold's flagship Castelo de Sonhos project shows that it could produce an average of 120,000 ounces a year.Read full newsRead More
Target earnings weighed down the retail sectorThe Dow plunged more than 550 points today, completely erasing its 2018 gains, with all 30 stocks ending lower. Apple (AAPL)took yet another beating, with most other FAANG stocks following suit. The retail sector was another major culprit of today's losses, with several notable names reporting disappointing earnings, including Target (TGT). Energy stoc...Read More
London has for the first time raised the veil on the size of its centuries-old gold market. The daily average of $36.9 billion in bullion moving in and out of London's over-the-counter market is just shy of the amount traded in New York, a new data release Tuesday showed. The London Bullion Market Association said its members - which include large banks such as HSBCHSBC, -0.31% and JPMorganJPM,...Read More
The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.Read full newsRead More
Chinese and Canadian authorities have approved the Chinese miner's bid to buy Canada's Nevsun Resources.Read full newsRead More
"So much pain, the market is killing us..."Read full newsRead More
UPPER THUMB - The potential of Congress passing a bipartisan farm bill could become a reality within a few weeks.According to a spokesperson for U.S. Sen. Debbie Stabenow's office, negotiators are working through the final issues of the bill.Read 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
Greece on Monday issued the first licences to private companies for growing medi...Read full newsRead More
Right now, the most explosive profit opportunity is concentrated in one segment of the legalized pot industry, and this extraordinary pot stock is getting ready to blow up. 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 co...Read More
Vancouver-based Bonterra Resources (CVE: BTR) is continues its drilling program of at the Gladiator gold property and has extended the known mineralization to both the east and west. The property is in the Urban-Barry camp, 170 km northeast of Val d'Or, Quebec.The project includes the Gladiator deposit and the Duke claims about 200 metres north of the most northerly Gladiator zone. Drilling at...Read More
Vancouver-based Bonterra Resources (CVE: BTR) is continues its drilling program of at the Gladiator gold property and has extended the known mineralization to both the east and west. The property is in the Urban-Barry camp, 170 km northeast of Val d'Or, Quebec.The project includes the Gladiator deposit and the Duke claims about 200 metres north of the most northerly Gladiator zone. Drilling at...Read More