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
It's your patriotic duty, neigh privilege, to pay your taxes! Yeah, we don't believe that either. The myth of the "kinder, gentler" IRS has been tossed around for decades now, and President Trump would like to do away with IRS all together.There are two months left in 2018 and before you know it, April 15, 2019 will be here. Have you started prepping your 2018 tax return?You might be wondering why...Read More
For Halloween this year both of my daughters went as students of the Hogwarts School of Witchcraft and Wizardry.That is from the world of Harry Potter in case you aren’t familiar.In my house we are very familiar with Hogwarts... Both of my kids are obsessed with the books.I love that Harry Potter has helped develop a passion for reading in an era were so many children are permanently glued t...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalNew Energy brings experience to new dawnSPONSOREDnew energy mineralsBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesA trough, by the way, could be nothing like the chasm into which we were dropped...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalNew Energy brings experience to new dawnSPONSOREDnew energy mineralsBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesLife, as far as I have ever been able to deduce, is much like that old quote abo...Read More
Canadian miner Stornoway Diamonds has appointed a new CEO to succeed Matt Manson on January 1, it said on Wednesday, after reporting an adjusted third-quarter net loss of C$31.7-million, sending its shares down 12% on the TSX.Patrick Godin, currently the COO, will succeed Manson, who has been hailed as the driving force behind the acquisition, financing and development of the Renard diamond mine,...Read More
I've been pounding the table pretty hard on vanadium.And rightly so.The vanadium price has increased by more than 1,000% since 2016 - from $2.50 to nearly $34.00 per pound. Vanadium stocks are making people wealthy.In two weeks, my pounding will come to an end. As I explain in the report I've been circulating, there is a specific Chinese catalyst that is driving the current frenzy.This month, th...Read More
Silver is the cheapest to gold since 1993 as slowing economic growth clouds the outlook for metals with industrial uses, and gold has gained from safe-haven appeal...Read full newsRead More
Golden, Colorado: 13 November 2018 - Golden Software, a developer of affordable scientific graphics software, has enhanced the visualization capabilities in version 16 of its Surfer (R) gridding, contouring and 3D surface mapping package. Geologists, environmental consultants, and geospatial professionals will find Surfer 16 makes it easier for them to interpret complex scientific data."We have im...Read More
Collapse of global stock markets can result in all metals and energies falling. Reason: Liquidity. Nervous investors will prefer to sit on cash. The continuous zoom up and nosedive pattern of global stock markets and currency markets will prevent retail investors from investing as well as trading. They will just use sharp rises to exit their investment and nothing else. Physical buyers of gold...Read More
Collapse of global stock markets can result in all metals and energies falling. Reason: Liquidity. Nervous investors will prefer to sit on cash. The continuous zoom up and nosedive pattern of global stock markets and currency markets will prevent retail investors from investing as well as trading. They will just use sharp rises to exit their investment and nothing else. Physical buyers of gold...Read More
Two miles below Earth's surface, scientists found animal life in a South African gold mine. They wonder: If life can exist there, could it exist on Mars?Read full newsRead More
... but don't hold your breath for this to be agreed upon by May's cabinet any time soon.Read full newsRead More
Oil stocks Chevron and Exxon Mobil weighed on the DJIThe Dow traded in a range of more than 300 points on both sides of breakeven, before ultimately ending lower. Apple (AAPL) continued to weigh on the index, as did a disappointing post-earnings performance from Home Depot (HD). Boeing (BA) stock was among the biggest Dow drags, amid reports the firm failed to disclose potential 737 Max flight iss...Read More
Searchlight Resources Inc. (TSXV:SRCH) is pleased to announce the staking of Hanson Lake Rare Element Pegmatites located approximately 65 kilometres west of Creighton, Saskatchewan, which is five kilometres southwest of the city of Flin Flon, Manitoba.Read full newsRead More
Apple has never lost more market cap in seven short days... ever.Read full newsRead More
Osisko Metals (CVE: OM) of Montreal has released results of the drill program at the Titan zone on its Key Anacon property 20 km south of Bathurst. Recent hole KAT-18-08 returned 8.0 metres of massive sulphides grading 9.53% zinc, 3.63% lead, 0.20% copper, and 68.62 g/t silver.The same hole also intersected a separate copper rich zone that assayed 1.18% copper, 0.82% zinc, 0.12% lead and 8.9 g/t s...Read More
Osisko Metals (CVE: OM) of Montreal has released results of the drill program at the Titan zone on its Key Anacon property 20 km south of Bathurst. Recent hole KAT-18-08 returned 8.0 metres of massive sulphides grading 9.53% zinc, 3.63% lead, 0.20% copper, and 68.62 g/t silver.The same hole also intersected a separate copper rich zone that assayed 1.18% copper, 0.82% zinc, 0.12% lead and 8.9 g/t s...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
Monday's sell-off was in line with the norm, if this signal is any indicatorAfter a brutal October, U.S. stocks kicked off November with a bang. Specifically, the S&P 500 Index (SPX) enjoyed two straight weekly gains of at least 2% -- something we haven't seen in more than three years. Below, we take a look at what these signals could mean for both the stock index and Wall Street's "fear barometer...Read More
SANTIAGO - Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA).SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of li...Read More