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
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
MOSCOW, Oct 31 - Production at Russia's Norilsk Nickel (Nornickel) Bystrinsky copper project near the Chinese border surged in the third quarter, the company said on Wednesday, indicating that it was making progress fixing a problem with equipment.Nornickel, controlled by Russian billionaire Vladimir Potanin and aluminium giant Rusal, launched the mine a year ago with an aim to export its producti...Read More
MOSCOW, Oct 31 - Production at Russia's Norilsk Nickel (Nornickel) Bystrinsky copper project near the Chinese border surged in the third quarter, the company said on Wednesday, indicating that it was making progress fixing a problem with equipment.Nornickel, controlled by Russian billionaire Vladimir Potanin and aluminium giant Rusal, launched the mine a year ago with an aim to export its producti...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
The cybersecurity firm posted impressive third-quarter earningsThe shares of FireEye Inc (NASDAQ:FEYE) are up 10.8% to trade at $18.88 -- headed toward their best day since May 2017 -- after the cybersecurity company reported third-quarter adjusted earnings of 6 cents per share on $211.65 million in revenue, more than analysts were expecting. The impressive results came as FireEye shifted to a sub...Read More
(All figures are in US dollars unless otherwise indicated) TORONTO, Oct. 30, 2018 /PRNewswire/ - New Gold Inc. ('New Gold' or the 'Company') (TSX:NGD) (NYSE American:NGD) today announces that it has completed the previously announced sale of the Mesquite Mine located in California to Equinox Gold Corp. for gross proceeds of $158 million, subject to certain post-closing adjustme...Read More
Inside the muted earnings of gold mining companies and its impact on related ETFs.Read full newsRead More
Ravenswood may not quite be a ghost town, but every year its population of 300 more than doubles for entirely ghoulish reasons. Far from beingRead full newsRead More
Arizona prospector John Waddell realizes he's lucky to be alive after surviving a days-long ordeal at the bottom of an old abandoned mine shaft in the desertRead full newsRead More
Skeena Resources (TSX.V: SKE)(OTCQX: SKREF) today announced drill results for six holes from the Phase I drilling program at the Eskay Creek Project in British Columbia's Golden Triangle.Drill results returned high grades: up to 10 grams per tonne gold equivalent at 45 metres, and up to 502 grams per tonne silver equivalent at 12 metres. The Phase I drilling program at Eskay Creek continues to...Read More
Skeena Resources (TSX.V: SKE)(OTCQX: SKREF) today announced drill results for six holes from the Phase I drilling program at the Eskay Creek Project in British Columbia's Golden Triangle.Drill results returned high grades: up to 10 grams per tonne gold equivalent at 45 metres, and up to 502 grams per tonne silver equivalent at 12 metres. The Phase I drilling program at Eskay Creek continues to...Read More
Skeena Resources (TSX.V: SKE)(OTCQX: SKREF) today announced drill results for six holes from the Phase I drilling program at the Eskay Creek Project in British Columbia's Golden Triangle.Drill results returned high grades: up to 10 grams per tonne gold equivalent at 45 metres, and up to 502 grams per tonne silver equivalent at 12 metres. The Phase I drilling program at Eskay Creek continues to...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
Vancouver-based explorer Golden Arrow Resources (TSX-V: GRG) has entered into a Definitive Agreement with Mineria Activa SpA to acquire up to 100% of the Indiana gold-copper project in Chile. Indiana is located approximately 35 kms from Golden Arrow's new Atlantida copper-gold project.The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper vein-hos...Read More
Marijuana stocks are getting a lift from a recent bullish analyst noteThe shares of Aurora Cannabis Inc (NYSE:ACB) are up 10.8% to trade at $6.75 today, as several weed stocks enjoy sector tailwinds from the Canaccord Genuity bull note yesterday. The stock is now up 14% since Monday's close, and the surge has sparked a flurry of options trading for ACB. At last check, more than 6,400 options h...Read More
Excelsior Mining plans to complete construction at its Gunnison copper project in south eastern Arizona and enter production over the next year after agreeing to a US$75 million project financing package with Triple Flag Mining Finance.Triple Flag will buy a US$65 million copper stream on Gunnison and US$10 million in shares from Excelsior. The package includes an option for Triple Flag to fund a...Read More
Excelsior Mining plans to complete construction at its Gunnison copper project in south eastern Arizona and enter production over the next year after agreeing to a US$75 million project financing package with Triple Flag Mining Finance.Triple Flag will buy a US$65 million copper stream on Gunnison and US$10 million in shares from Excelsior. The package includes an option for Triple Flag to fund a...Read More