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 Canadian Mining Hall of Fame has issued its 2024 call for Nominations. Each year, the CMHF reaches out through its network in search of outstanding individuals for consideration by the board for induction into the Canadian Mining Hall of Fame.Through their leadership and achievements, individual nominees must have shaped Canada's global leadership in mining, embodied the important role mining...Read More
The company said it has been unable to feed the processing plant at a minimum of 3000tpd sustainably, and so its cash costs per ounce have remained higher than anticipated.Read More
(IDEX Online) - Brave jewelers Malcolm Abelson, 78, and his wife Elise, 73, saw off a raider armed with a hammer who tried to steal merchandise from their store in Manchester, England.The couple were unhurt after grappling the man, who fled empty-handed.He claimed he was interested in a necklace and three diamond bracelets for his girlfriend but snatched them from Ms Abelson and tried to run off.&...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.New Found Gold (TSXV: NFG) shares popped this week after announcing on Mar. 13 a high-grade intercept drilled below its recent Iceberg discovery at its Queensway gold project in Newfoundland. Hole NFGC-23-1120 returne...Read More
Share this article VANCOUVER - Sixty North Gold Mining Ltd. [SXTY-CSE] on Monday announced changes to its board of directors as it prepares to commence mining at its past producing Mon Mine, which is located 40 kilometres north of Yellowknife, in the Canadian Northwest Territories.The company said it has appointed Tom MacNeill to the board. It said MacNeill is an experienced financier and member...Read More
(IDEX Online) - Burgundy's $136m deal to buy the Ekati diamond mine, in Canada, is likely to extend its life "significantly", says Kim Truter, the company's CEO.The purchase, announced last week, from Arctic Canadian, should be concluded next month, pending financing and shareholders' approval."The real advantage is it's a tier-one asset in a tier-one country," Truter told CBC...Read More
At the conference, Nicolas Kazadi, DRC finance minister, called for international sanctions on Rwanda to combat illegal mining and smuggling by rebel groups.Read More
The biggest mistake any analyst or investor can make right now is to believe that the banking crisis is over.Veterans of such crises (and I include myself in that category) know that once the dominoes start falling, they keep falling until some government intervention of a particularly draconian kind is imposed.We've seen some significant regulatory actions from the Federal Reserve, the Federal De...Read More
The lithium spot price has retrenched from highs of US$85,000/t at the end of 2022; however, levels of around $50,000/t are five times higher than in 2019-2021.Read More
Dear Outsider,I've got to admit...I'm a bit surprised.I thought for sure the market was going to crash last week.Like, actually crash.Friday wasn't great, but it could have been worse.When the markets opened last week, I had already placed my bets.I bought Bitcoin and Ethereum on the news that Silicon Valley Bank had collapsed.And then when Signature Bank went kaput, I bought more.Overall, I...Read More
Occidental Petroleum has fallen below $60 again leading to Berkshire Hathaway purchasing more shares. Click here to see our take on OXY stock.Read full newsRead More
The Swiss government has attempted to broker a deal between UBS and Credit Suisse. Read why Credit Suisse may not accept the initial offer.Read full newsRead More
As a growth stock, Airbnb is only for some. Read more to look at the progress, the remaining risks, and the price I will buy ABNB stock aggressively.Read full newsRead More
When you find great value available, it's wise to lock it up immediately for your benefit. Life is getting more expensive; you need income to match it. Click for more.Read full newsRead More
Ollie's Bargain Outlet Holdings is expected to announce financial results for the final quarter of its 2022 fiscal year. Click here to see our take on OLLI stock.Read full newsRead More
TransDigm has seen some accelerating momentum as of recent, driven by a recovery in commercial aviation markets. Click here to see our take on TDG stock.Read full newsRead More
When capital becomes hard to come by, it has a major impact on the economy and stock market. Click here to read my thoughts.Read full newsRead More
Plains All American is enjoying a strong recovery in volumes as demand continues to grow. See why I think PAA stock is a valuable long-term investment.Read full newsRead More
Thinly traded shares of Aziyo fell 40% on a capital raise that diluted shareholders only 17%. Read more to see a full investment analysis of AZYO stock.Read full newsRead More
In this article, we dive into the STB decision to allow Canadian Pacific to merge with Kansas City Southern. Click here to see our take on CP stock.Read full newsRead More