The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
LONDON – De Beers made steep cuts in the prices of low-quality stones at its sale this week, according to people familiar with the situation.The world’s biggest producer reduced prices as much as 10% for low-quality stones, said the people, who asked not to be identified because the sales are private. It’s the latest sign that the bottom end of the market is in turmoil.Advertise...Read More
You are well aware that the Federal Reserve is raising interest rates. This policy started in December 2015 with Janet Yellen's "liftoff" from zero and has continued through seven more rate hikes in 2016, 2017 and 2018, with another hike expected this December.The cumulative impact is to put the high end of the range for the fed funds rate at 2.5% by year-end. More of the same is widely anticipate...Read More
I'm in Dublin, Ireland, today, where I was honored and humbled to receive a writing award from Trinity College.It's my job to continue pointing out the risks to the financial system that we still face and to try to help people prepare for the next crisis. Of course, central banks are a big part of the problem.If you have defective and obsolete models, you will produce incorrect analysis and bad po...Read More
The midterm elections in the U.S. are mostly behind us - with the exception of a few recounts - the end result will be more gridlock until at least 2020.How will that affect the junior resource space we speculate in? It means there will be very little the two corrupt parties agree on, with infrastructure being the possible exception.Infrastructure is necessary, brings good-paying jobs to people wh...Read More
This special episode features Rob McEwen, chairman and chief owner of McEwen Mining, in a freewheeling conversation with Northern Miner publisher Anthony Vaccaro, recorded live on the sidelines of Cambridge House's Silver & Gold Summit in San Francisco in late October 2018.Rob and Anthony cover a wide variety of topics, including: gauging management's commitment to a company; the history of inflat...Read More
Did outgoing Chairman Jack Ma just cement his legacy?Read full newsRead More
Guru increased holding of these eight stocksRead full newsRead More
Entering Q4 of 2018, Globe 24-7's Luis Valente meets with Ivan Bebek - Executive Chairman and Director of Vancouver-based Auryn Resources Inc. (TSX: AUG, NYSE: AUG) - to discuss Mr. Bebek's outlook on the mining marketplace and his vision for Auryn Resources. Mr. Bebek is optimistic and says that $2,500/oz gold could be a reality in the near future.Auryn Resources pursues world-class discoveries;...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
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway.If that comes to pass, we are positioned to profit from it. But I digress.Long-term oriented investors and speculators should be aware of the near term trends but they should also be aware of the conditions that will lead to a shift from a bear market to a bull market.Her...Read More
Australia's iron-ore industry was hit with a second train derailment in a week when 30 empty ore wagons ran off the tracks in the southern part of Western Australia on Sunday.The second derailment happened at 7:30 a.m. Perth time south of Norseman as an ore train returned from the southern coastal port town of Esperance, Mineral Resources Ltd. and Arc Infrastructure said in a statement Sunday. No...Read More
Resolution Copper, a joint venture between giants Rio Tinto and BHP Billiton, demolished a 94-year-old copper smelter stack that belonged to the Magma Mine, now the Resolution Copper Mine near the Arizonian town of Superior, some 60 miles east of downtown Phoenix.According to the company, the chimney stack was structurally unsound and posed a significant threat to safety. "In addition to proactive...Read More
Resolution Copper, a joint venture between giants Rio Tinto and BHP Billiton, demolished a 94-year-old copper smelter stack that belonged to the Magma Mine, now the Resolution Copper Mine near the Arizonian town of Superior, some 60 miles east of downtown Phoenix.According to the company, the chimney stack was structurally unsound and posed a significant threat to safety. "In addition to proactive...Read More
Resolution Copper, a joint venture between giants Rio Tinto and BHP Billiton, demolished a 94-year-old copper smelter stack that belonged to the Magma Mine, now the Resolution Copper Mine near the Arizonian town of Superior, some 60 miles east of downtown Phoenix.According to the company, the chimney stack was structurally unsound and posed a significant threat to safety. "In addition to proactive...Read More
In an operation that lasted a couple of days and that involved four airplanes, police officials, forest rangers and the National Guard, Brazilian authorities dismantled a number of open-pit gold and cassiterite mines operating illegally in the heart of the Amazon.The unregulated mine sites were installed in Jamanxim and R?-o Novo National Parks, located in the northern Par?? state and which extend...Read More
In an operation that lasted a couple of days and that involved four airplanes, police officials, forest rangers and the National Guard, Brazilian authorities dismantled a number of open-pit gold and cassiterite mines operating illegally in the heart of the Amazon.The unregulated mine sites were installed in Jamanxim and R?-o Novo National Parks, located in the northern Par?? state and which extend...Read More
In an operation that lasted a couple of days and that involved four airplanes, police officials, forest rangers and the National Guard, Brazilian authorities dismantled a number of open-pit gold and cassiterite mines operating illegally in the heart of the Amazon.The unregulated mine sites were installed in Jamanxim and R?-o Novo National Parks, located in the northern Par?? state and which extend...Read More
The British Columbia government announced this week that, after one year of consultations with Indigenous peoples, industry, communities, environmental organizations and the public, it introduced legislation to modernize the environmental assessment of major resource projects.In a media statement, the provincial administration said that the idea behind the changes is to provide "a clear and timely...Read More
The British Columbia government announced this week that, after one year of consultations with Indigenous peoples, industry, communities, environmental organizations and the public, it introduced legislation to modernize the environmental assessment of major resource projects.In a media statement, the provincial administration said that the idea behind the changes is to provide "a clear and timely...Read More