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
Follow the money...It's one thing that is as true with investing as it is in politics. Like Hansel and Gretel, you simply have to follow the bread crumbs to find out where the sausage is being made.Whether you are for or against the millions spent on elections, the main takeaway is this: we're living in a pay-to-play system, and if you stop to take a look at who is spending money and where, you'll...Read More
The market was pulled in two directions today… like a wishbone under pressure from two equally determined foes.The bears, inspired by disappointing news from Apple, pulled in one direction.The bulls, jaunty after this morning's jolly jobs report, yanked in the other.Trade war news - first going one way, then the other - was ready to swing the contest.Which side won?Perhaps more importantly&#...Read More
X-ray transmission (XRT) technology has ushered in a new era for diamond recovery, with an increasing number of mining companies embracing the technology and scaling back on the use of conventional technologies, such as dense-media separation, for the treatment of middle- and coarse-sized material, according to engineering and project management consultancy Imilingo Mineral Processing.“The e...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 nascent FAANG/tech rally is once again in jeopardy with Apple beating on the top and bottom line, but reporting weaker than expected iPhone sales and holiday quarter guidance that was soggy at best.Read full newsRead More
This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More
Bounce... While stocks bounced, the headline of the day deserves to the PBOC - which drained liquidity for the 5th day in a row and finally engineered a snap squeeze higher in Yuan...Read full newsRead More
The world's fastest-growing vertically integrated global cannabis company could net investors a huge return in the months to come.The worldwide trend toward marijuana legalization has triggered a wave of growth opportunities for investors around the globe.Beyond the explosive Canadian market - this diversified cannabis operator maintains production, processing, and distribution facilities worldwid...Read More
Suncor Energy has posted a record $3.14 billion ($1.94 per share) for Q3 2018. Cash flow provided by operating activities was $4.37 billion ($2.70 per share) including changes in non-cash working capital. Operating earnings were $1.56 billion ($0.96 per share) and net earnings were $1.81 billion ($1.12 per share).Suncor's oilsands operations reached a record high - 476,100 bbl/d - for the quarter....Read More
They have a lot of confidence in the bank's CEO...Read full newsRead More
Reconnaissance exploration at the Kirus and Jempe targets at Aurania Resources' (TSXV: ARU); US-OTC: AUIAF) Lost Cities - Cutucu project in Ecuador, has returned grab samples of rock with copper grades of 4% to 7% and silver grades ranging from 20 to 79 grams per tonne.The discoveries are about 20 km apart and were made during exploration of the magnetic targets identified from a geophysical surv...Read More
Reconnaissance exploration at the Kirus and Jempe targets at Aurania Resources' (TSXV: ARU); US-OTC: AUIAF) Lost Cities - Cutucu project in Ecuador, has returned grab samples of rock with copper grades of 4% to 7% and silver grades ranging from 20 to 79 grams per tonne.The discoveries are about 20 km apart and were made during exploration of the magnetic targets identified from a geophysical surv...Read More
Reconnaissance exploration at the Kirus and Jempe targets at Aurania Resources' (TSXV: ARU); US-OTC: AUIAF) Lost Cities - Cutucu project in Ecuador, has returned grab samples of rock with copper grades of 4% to 7% and silver grades ranging from 20 to 79 grams per tonne.The discoveries are about 20 km apart and were made during exploration of the magnetic targets identified from a geophysical surv...Read More
Oil prices fell to a nearly seven-month low as supply ramped upStocks rallied again today, with the Dow and Nasdaq both notching a third straight triple-digit gain. Upbeat earnings from DowDuPont (DWDP) drove the Dow higher, and traders applauded an encouraging tweet on trade talks with China from President Donald Trump. The S&P also extended its winning streaks to three days, continuing to chip a...Read More
All eyes will be on Fed Chair Jerome Powell and the latest FOMC statement this ThursdayThe first full trading week of November is set to be a lively one for stocks. Earnings season remains in full swing, with quarterly reports due out from the likes of Dow stock Walt Disney Co (NYSE:DIS), online marketplace Etsy Inc. (NASDAQ:ETSY), dating app service Match Group Inc (NASDAQ:MTCH), and a number of...Read More
Amid a lackluster gold market, Central banks' demand for gold remains robust, and overall consumer market demand is up 13%, a World Gold Council report on Q3 demand trends released today has revealed.The World Gold Council found that gold demand reached 964.3 tonnes in Q3, which was 6.2 tonnes higher year-over-year. Central bank buying reached a three year high in September, and emerging marke...Read More
Amid a lackluster gold market, Central banks' demand for gold remains robust, and overall consumer market demand is up 13%, a World Gold Council report on Q3 demand trends released today has revealed.The World Gold Council found that gold demand reached 964.3 tonnes in Q3, which was 6.2 tonnes higher year-over-year. Central bank buying reached a three year high in September, and emerging marke...Read More
Amid a lackluster gold market, Central banks' demand for gold remains robust, and overall consumer market demand is up 13%, a World Gold Council report on Q3 demand trends released today has revealed.The World Gold Council found that gold demand reached 964.3 tonnes in Q3, which was 6.2 tonnes higher year-over-year. Central bank buying reached a three year high in September, and emerging marke...Read More
Hard hit by falling metals prices, Colorado Springs-based mining company Gold Resource Corp. lost $781,000 in the third quarter, compared with a $4.58 million profit a year earlier.Read full newsRead More
A New York federal judge confirmed an arbitral award totaling $23.1 million issued against two connected mining companies for allegedly breaching a settlement agreement with a U.S.-based gold mining company, entering default judgment against the two companies for their failure to respond to the petition.Read full newsRead More