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
Gold, base metals downCapital marketsGiven the invisible hand of a market economy rarely makes a mistake over time, the only explanation of what's happening in copper, where the price and stockpiles have been falling at the same ...Read More
Advantage Lithium Corp. (TSX-Venture: AAL; OTCQX: AVLIF) is drilling 4,800 metres at its Cauchari joint-venture lithium project in northern Argentina's Jujuy province to further expand and upgrade its already increased resource of 3.02 million tonnes of LCE.This third phase of drilling comes on the heels of a positive preliminary economic assessment (PEA) that Advantage Lithium tabled in mid-Augus...Read More
(IDEX Online) - The Second World Emerald Symposium closed on October 14 in Bogota, Colombia, after three days of discussions on a variety of issues and challenges facing the emerald industry along with informative talks on small-scale and industrial mining, geology, gemology, origin, treatments, jewelry and more. For many of the speakers, the major and recurrent theme focused on the need f...Read More
(IDEX Online) - International auction house Bonhams has appointed Brett O'Connor as Senior International Jewellery Director and Senior Vice President, US. O'Connor will also join the US Executive Team. O'Connor takes up his new position at the start of November based in Bonhams' New York office. O'Connor is a globally renowned auctioneer and leading senior specialist in the jewe...Read More
Capstone said last week that Minto's mining operations would cease immediately and it would be put on temporary care and maintenance while the company continued to explore "value maximising alternatives" - including discussions with Pembridge, and other potentially interested parties.Pembridge (LSE: PERE) said "extremely challenging" market conditions had made it increasingly difficult to close th...Read More
It's October, which means more news flow, the conference circuit picks up, kids are back in school, and, with a little bit of luck, some temporary relief from what has the feel of a brutal bear market across the commodity sector.The base metals continue to find a solid base and have bottomed well, despite the back and forth between the U.S. and China, which has led to demand concerns.Trade wars ar...Read More
As BMW and other German automakers move forward slowly toward electric cars, there's still plenty of negativity.Read full newsRead More
Black Swan Advisors (BSA) Acquires Second Underground Gold Mine In Western US BSA has acquired a second underground gold mine, the Radcliffe/Worldbeater mine, in Inyo County, Ca., close to its Keystone mine. Radcliffe contains approximately 350,000/400,000 ounces of gold, .4 to .7 OPT. BSA is planning to re-start mining operations in Q1 2019. BSA is also looking for additional gold mine acquisitio...Read More
Even more bad news for Angela Merkel's grand coalition in Berlin...Read full newsRead More
Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More
Is a "Blue Wave" building?Something strange is happening in America.Millions of Americans are furious - and this time, they're taking their anger out on Republicans.All across America, 45 Republicans have lost elections during Trump's presidency in places they shouldn't have possibly been able to lose... even in districts where Trump won in a landslide and remains popular.In the last few months al...Read More
Black Swan Advisors (BSA) Acquires Second Underground Gold Mine In Western US BSA has acquired a second underground gold mine, the Radcliffe/Worldbeater mine, in Inyo County, Ca., close to its Keystone mine. Radcliffe contains approximately 350,000/400,000 ounces of gold, .4 to .7 OPT. BSA is planning to re-start mining operations in Q1 2019. BSA is also looking for additional gold mine acquisitio...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
The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More
The VanEck Vectors Gold Miners ETF is flying today as investors seek safety in gold stocks. Here's how to profit with GDX options.Read full newsRead More
More than 30 gold miners have died in an informal pit in the Democratic Republic of Congo's South Kivu province after a landslide, officials said Thursday, with dozens more feared trapped.The incident happened a week ago in Misisi in the Fizi region.Read full newsRead More
Black Swan Advisors (BSA) Acquires Second Underground Gold Mine In Western US BSA has acquired a second underground gold mine, the Radcliffe/Worldbeater mine, in Inyo County, Ca., close to its Keystone mine. Radcliffe contains approximately 350,000/400,000 ounces of gold, .4 to .7 OPT. BSA is planning to re-start mining operations in Q1 2019. BSA is also looking for additional gold mine acquisitio...Read More
Critics worry about long-term storage of tailings upstream from Portland Canal. Listen nowRead full newsRead More
A dramatic defeat of the CSU would first lead to an earthquake in Bavaria, foreshadowing future political developments and structural shifts at the national level; an unexpected comeback of the CSU would probably prompt a political landslide in Berlin.Read full newsRead More
Saudi Arabia warned on Sunday it would respond to anyRead full newsRead More