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
* Crude falls for second straight week* U.S. rig count highest since March 2015 -Baker Hughes* China refinery throughput hits record high in Sept* WTI in contango as Cushing stockpiles expected to rise (Updates with CFTC data)By Stephanie KellyNEW YORK, Oct 19 (Reuters) - Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were headed for...Read More
BRUSSELS, Oct 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- U.S. software company Microsoft Corp MSFT.O to buy privately held coding website GitHub Inc (approved Oct. 19)-- Irish investor aircraft and asset manager ORIX Aviation Systems Limited to acquire 30 percent of Irish aircraft leasing...Read More
Investing.com - Gold prices were flat on Friday as the U.S. dollar was volatile despite expectations of another interest rate increase this year and falling equities.Comex gold futures for December delivery inched down 0.07% to $1,229.30 a troy ounce as of 4:45 AM ET (8:45 GMT), not far from an earlier session high of $1,232.70.Rising interest rates are likely remain a concern for gold prices. Int...Read More
In March, Bunker Hill Mining (CSE: BNKR) hosted a reception at Toronto's Hockey Hall of Fame, where guests lined up to pose for photographs with former Maple Leafs stars Wendel Clark and Darryl Sittler, as the retired NHL players signed their names on a stack of hockey pucks.The event was designed to generate buzz about the company at the Prospectors & Developers Association of Canada's (PDAC) ann...Read More
Futurist George Hemingway, Partner and Head of Innovation Practice at The Stratalis Group, gives a presentation on the future of mining at the 2018 Progressive Mine Forum. The conference took place on Oct. 10, 2018, at the MaRS Discovery District in Toronto and was presented by The Northern Miner and Canadian Mining Journal.Read More
Gold has recovered in recent days to be up by almost 2% over the last month, despite a firmer U.S. dollar and rising interest rates weighing on the outlook for precious metals. An increasingly negative global economic outlook because of trade tensions and higher oil saw the International Monetary Fund (IMF) recently shave 0.2% off global growth forecasts with the world economy now expected to expa...Read More
Full Article: A Recession Is Coming. Who Will Take The Blame?By: Mish Shedlock of MishTalkAll booms end in recession. So who will accept the blame for the next one?Of course, nobody will volunteer to take any portion of the blame.Yet fingers will most assuredly be pointing.Trump will blame the Fed for hiking too fast.The Fed will blame Trump for starting a trade warFull Article: A Recession...Read More
An old proverb says, “Arrogance diminishes wisdom.” Rich dad believed that arrogance also diminished your riches. Applying this to money, rich dad said, “What I know makes me money. What I don’t know loses me money.”At some point in our life, we’re all arrogant.I’ve found that people most often are arrogant when they don’t know something, especially...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resources Waterton said Friday in an open letter to the Hudbay board it would put to shareholders a resolution blocking the ailing copper producer until the 2019 annual meeting from approving new material transactions, transactions that were dilutive on a cash-flow-per-share basis or that involved issuing 5% or more of the company's common share...Read More
The stock market fell sharply again on Thursday, unable to mount a sustainable rally when a combination of bearish news fell upon the market. Friday trading couldn't make up for the downward trend.The Federal Reserve's FOMC minutes were released, which left no doubt that the Fed is preparing for another rate hike and that it won't be swayed by criticism from President Trump, who has said the Fed i...Read More
Futurist George Hemingway, Partner and Head of Innovation Practice at The Stratalis Group, gives a presentation on the future of mining at the 2018 Progressive Mine Forum. The conference took place on Oct. 10, 2018, at the MaRS Discovery District in Toronto and was presented by The Northern Miner and Canadian Mining Journal.Read More
Nevada is home to world-class gold districts, and gold mining around Nevada's Battle Mountain-Eureka region and the Cortez trend continues to attract attention from companies and investors alike.Read full newsRead More
"What we are doing is what we call real time development. We are going for our permits to install a ...Read full newsRead More
Outstanding earnings from Procter & Gamble drove the Dow higherU.S. stocks closed today mixed, with the Dow staying afloat on the back of impressive blue-chip earnings -- specifically, from American Express (AXP) and Procter & Gamble (PG). The S&P spent the session dancing around breakeven, eventually closing lower alongside the Nasdaq and struggling tech stocks. Regardless, both the Dow and S&P m...Read More
The stock has been halted most of the day Stocks are trading higher today and are set to close the week with a win. Two names in particular making a big move out of the healthcare sector are Anavex Life Sciences Corp. (NASDAQ:AVXL) and Dentsply Sirona Inc. (NASDAQ:XRAY), while China-based food processing concern Planet Green Holdings (NYSE:PLAG) soars. Here's what's moving shares of AVXL, XRAY, a...Read More
Netflix and a handful of Dow stocks moved on earningsIt was another roller-coaster week on Wall Street, as traders digested a slew of big-cap earnings reports and the latest economic data. September retail sales spooked investors early in the week, and another spate of lackluster housing data didn't help. In addition, the minutes from the Fed's September meeting took traders on a wild ride mid-wee...Read More
Long put options offer a way to bet bearishly with limited riskA put option is like a call in that it is a type of derivative that relies on the movement of the underlying stock to make a profit. Unlike a call option, a put gains value when the underlying stock moves lower. Buying a put is a bearish bet that gives the trader the right, but not the obligation, to sell the underlying shares for a sp...Read More
NMC is the most popular of the chemistries currently used in batteries by EV manufacturers, and market share is expected to expand dramatically in new EV sales, a new outlook for electric vehicle battery metals report published by Fitch Solutions reveals.The growing EV market will spur global demand for metals through their use in a wide range of chemistry combinations within the cathodes of lithi...Read More
NMC is the most popular of the chemistries currently used in batteries by EV manufacturers, and market share is expected to expand dramatically in new EV sales, a new outlook for electric vehicle battery metals report published by Fitch Solutions reveals.The growing EV market will spur global demand for metals through their use in a wide range of chemistry combinations within the cathodes of lithi...Read More
BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More