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
SASKATOON - Cameco Corp. says the Canada Revenue Agency is appealing a Tax Court decision that was in the company's favour.The Saskatoon-based uranium miner estimates it will take about two years for the Federal Court of Appeal to hear and decide the case.Last month, Cameco says the Tax Court ruled its favour in the case which centred around its use of a subsidiary in Switzerland to sell and trade...Read More
Full Article: Has China Finally Lifted its Thumb off of Gold?By: Thomas LuongoThere's a lot of talk about the Yuan price of gold falling out of a price suppression channel. Both Zerohedge and Nomura have weighed in on this.The Yuan price of gold surged overnight to above CNY 8500 per ounce which is a major breakdown. But it's also indicative of something that has long been suspected during...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesBHP acquired a 6% stake in SolGold last month for US$59.2 million and increased it last week to 11.2% for a further $59.2 million.Newcrest is the company's largest shareholder with...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesGlencore produced 1.1 million tonnes of copper during the period, up 12% year-on-year, and 28,500t of cobalt, a 44% increase.Katanga contributed 102,600t of copper and 6,500t of cobalt....Read More
When I discuss the idea of OPM (Other People's Money), I think most people are confused by the term. Put simply, it's understanding good debt, and how to make it work for you. I use it in the context of real estate. Some people are on board with it-excited even-about the possibilities. But then they become intimidated by the idea of how exactly to find and use OPM.This is completely normal. I've f...Read More
Yesterday, I laid out how we are heading into winter with the perfect setup for a natural gas price spike.And by “spike,” I mean at least a double, but more likely a triple and perhaps more.For this to happen, all we need is a colder than average winter. That’s because storage levels are already low and history tells us that a cold winter would use up nearly ALL of the natural ga...Read More
Industry experts discuss automation and mining at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Moderator: Alisha Hiyate, Canadian Mining Journal editor-in-chief.Panellists (from left): Mikko Koivunen, Sandvik Mining and Rock Technology's business line manager for automation; Walter Siggelkow, Hard-Line's president and founder; Jason Cox, R...Read More
Mining technology and geotechnical slope-stability-monitoring radar systems supplier Reutech Mining plans to expand its product range in 2019, says executive manager Jan de Beer.The company provides equipment that can assist in real-time monitoring of the mine walls in opencast mines to provide early warning before slope failures occur. The product range includes the Reutech Mining Movement and Su...Read More
Up airy mountain, down rushy glen the market has trekked this year…Up in January, down February through March, up April through August, down again in October.But after all its ups and all its downs... the market has gone backward.Even with yesterday's 401-point rebound, the Dow Jones is still negative for the year. So too is the S&P.It is as if the stock market struck out on a thousand-m...Read More
Remember all the hype surrounding Elon Musk's "Gigafactory?"It's the massive battery plant in Nevada that was built to fuel the electric car boom. Elon Musk, being the showman that he is, promoted the hell out of it.Well, have you ever heard of Rongke Power's "Gigafactory?"In Dalian, China?No?That's weird, because it's the world's largest battery site. With a 200-megawatt, 800-megawatt-hour storag...Read More
Industry experts discuss automation and mining at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining Journal.Moderator: Alisha Hiyate, Canadian Mining Journal editor-in-chief.Panellists (from left): Mikko Koivunen, Sandvik Mining and Rock Technology's business line manager for automation; Walter Siggelkow, Hard-Line's president and founder; Jason Cox, R...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture the perfect stock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands...Read More
Chile Constitutional Court on Thursday rejected a suit to block Chinese miner Ti...Read full newsRead More
The entire FANG space is plunging after-hours as AMZN and GOOGL revenues disappointed. Google parent Alphabet's shares crashed over 7% after hours after missing revenue estimates...Read full newsRead More
Chevron Corp has held talks to acquire Pasadena Refining System Inc (PRSI), a Te...Read full newsRead More
Volkswagen is currently trying to figure out a way to secure large quantities of battery cells to support its critical electric vehicle ambitions. After previously ruling out manufacturing its own ...Read full newsRead More
Newrange Gold Corp. (Read full newsRead More
AMZN stock is tumbling after the company reported EPS which smashed expectations, yet missed on revenue while guiding well below consensus.Read full newsRead More
The S&P 500 snapped its lengthy losing streak as stocks roared backStocks bounced back in a big way today, with the Dow finishing 401 points higher thanks to a strong earnings reaction from blue-chip tech giant Microsoft (MSFT). Yesterday's steep losses were largely clawed back, as markets today rallied on a combination of positive quarterly reports and well-received economic data. The S&P 500 fin...Read More
A Wonderful Rehab and or Home owner who wants Sweat Equity .....THIS IS THE ONE !!!2 CAR 3 BEDROOM .....2.5 BATHES AND A YARD TO MOVE FOR !Read full newsRead More