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
Toronto-based miner Mountain Province has netted $24.2-million from the sale of 366 505 ct in its most recent diamond sale, which the company says is in line with its expectations.The sale, held on October 5, realised an average value of $66/ct.AdvertisementMountain Province, which is a 49% participant with De Beers in the Gahcho Kué mine in the Northwest Territories, reported strong b...Read More
TORONTO/LONDON – Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting.Element Six, De Beers' synthetic diamond arm, is building a $94-million factory in Portland, Oregon, an expansion that comes as scientists from Moscow to London push to develop diamonds...Read More
As the economic mood in the global mining industry improves, SRK Consulting’s Accra office, in Ghana, has been making inroads into new markets in Côte d’Ivoire and Togo, SRK Ghana country manager John Kwofie noted in a release last week. He believes that there is potential for improved investor interest in Ghana as well, as the country’s new government takes a more proactiv...Read More
We lower our head... and pause in silent memory…For the black crepe went up on Wall Street 31 years ago today - Oct. 19, 1987.The Dow Jones plummeted 22.6% that distant "Black Monday"… its largest one-day fall ever.A comparable blood-spilling today would plunge the index some 5,700 points.How likely is an encore?Answer shortly.Meantime, the ghosts of October 1987 have the stock market...Read More
My poor dad said he could not invest because he had no money. My rich dad said, "Invest your time when you have no money."Unfortunately, most people have no time to invest. Why? Because they think that working harder and longer will make them richer. Nothing could be further from the truth.Consider these facts:The average U.S. worker clocks in a little more than 1,800 hours per year at work-the hi...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metals One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards d...Read More
The story of North American Palladium (TSX: PDL; US-OTC: PALDF) is perhaps best told in threes.In 2003, North American Palladium had just over 3 million oz. palladium equivalent in reserves at its flagship Lac des ??les palladium-platinum-gold-copper-nickel mine in northwestern Ontario. Over the next 15 years the company mined slightly less than 3 million oz. palladium equivalent. Now, a new feasi...Read More
LONDON – The UK has warned that a no-deal Brexit risks London being frozen out of the global diamond trade.Britain is a member of the Kimberley Process, the global certification program used to track and prevent the trade of conflict gems, through its European Union membership. The country will need to apply for its own membership post Brexit, and the government last week warned diamond trad...Read More
A free tool can help traders bank big this earnings season.Financial stocks (JPM, C, and WFC) kicked off earnings season on Friday, and traders need to position themselves now in order to ensure maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on earnings announcements.The tool works on select stocks with a 77.6% accuracy...Read More
Blackrock Gold Corp. (TSXV:BRC) (Read full newsRead 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
This could soon be the backbone of America's electrical grid.What would the perfect mining stock for this market look like?First, it would be an incredibly rare element... one with limited supply.Second, it would be an element now under the radar... but about to break out with predictable demand.Third, there should be a company working toward a virtual monopoly on this element...And these three th...Read More
Get ready for an influx of pot stock profits.On October 17th, marijuana will be 100% legal in Canada.That's sparking a new wave of IPOs. And shares could surge 501% - 1,364% in the coming weeks - just like the recent weed stock IPOs.One investor's research has uncovered a secret way to access red hot IPO shares.Click here right now for details on this urgent trading situation.Canada is the first c...Read More
Symbol: TSX-V: CLMVANCOUVER, Oct. 17, 2018 /CNW/ - Crystal Lake Mining Corporation (theRead full newsRead More
India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 - and this would still be a noteworthy achievement.Wood Mackenzie's solar analyst Rishab Shrestha explains why."India faces a myriad of challenges in the renewables industry. The rec...Read More
India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 - and this would still be a noteworthy achievement.Wood Mackenzie's solar analyst Rishab Shrestha explains why."India faces a myriad of challenges in the renewables industry. The rec...Read More
Caterpillar weighed on the Dow after a broadly negative session in ShanghaiU.S. stocks closed sharply lower in today's trading, extending the prior session's late-day Fed jitters. Heavy losses for Chinese stocks prompted weakness in big names like Caterpillar (CAT), which weighed on the Dow. And while the VIX snapped its four-day string of declines, the S&P 500 showed some resilience, battling bac...Read More
CAT, MCD, VZ, MSFT, and TWTR will also step up to the earnings plateIt's a busy week ahead, with another round of housing data and the third-quarter gross domestic product (GDP) estimate on tap.Earnings season is full speed ahead, with several big names reporting, including Dow members Caterpillar Inc. (NYSE:CAT), McDonald's Corp (NYSE:MCD), and Verizon Communications Inc. (NYSE:VZ), as well as...Read More
Total proceeds from Mountain Province Diamonds' (TSX: MPVD) latest sale were $24.2 million netted from 366,505 carats, the company announced today."These results were in line with our expectations and reflect current market conditions. We saw good price bids for our better quality larger goods where, the majority of our value lies," said Stuart Brown, Mountain Province Diamonds president in a stat...Read More
Total proceeds from Mountain Province Diamonds' (TSX: MPVD) latest sale were $24.2 million netted from 366,505 carats, the company announced today."These results were in line with our expectations and reflect current market conditions. We saw good price bids for our better quality larger goods where, the majority of our value lies," said Stuart Brown, Mountain Province Diamonds president in a stat...Read More