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 following slide deck was published by Dave Inc. in conjunction with their 2022 Q4 earnings call.Read full newsRead More
The following slide deck was published by CTI BioPharma Corp.Read full newsRead More
In my opinion, Deutsche Lufthansa's 2022 results were very impressive. Click here to read my analysis of DLAKF stock.Read full newsRead More
(TheNewswire) TheNewswire - March 6 2023 Element79 Gold Corp (CSE:ELEM) (OTC:ELMGF) (FSE:7YS) (Read full newsRead More
Global Industrial Company FY2022 results in the books were good enough. Read more to see my thoughts on GIC stock and my recommendation.Read full newsRead More
Ferrari is a member of a very unique group of companies, as it is able to fully control the number of products it sells. Read why RACE stock is a Buy.Read full newsRead More
Impala Platinum Holdings Limited (OTCQX:IMPUY) Q4 2022 Earnings Conference Call March 2, 2023 4:30 AM ETCompany ParticipantsNico Muller - Chief Executive OfficerJohan Theron - Corporate...Read full newsRead More
Suncor Energy produced record-setting operating cash flow during 2022 due to booming oil and gas prices. Read why I maintain my Buy rating for SU stock.Read full newsRead More
RYJ is a passively-managed ETF tracking the proprietary index of securities that earned a Strong Buy 1 rating from Raymond James analysts. See why RYJ is a Hold.Read full newsRead More
While PayPal is one of the few growth stocks with respectable valuations, we don't think the journey is over. Read more to see why PYPL is a Hold.Read full newsRead More
The index ARGT tracks has interesting and notable constraints and requirements that impact its allocation. Read why ARGT ETF is a Buy.Read full newsRead More
Apple has fallen 9% in the first year since the 4-year dead money call made in March 2022. Check out my one-year update on my 4-year sell call on AAPL stock.Read full newsRead More
Cabacal will produce an annual 131,100ozpa gold equivalent at an all-in-sustaining cost (AISC) of $671/oz during the first five years of a 22.3-year mine life.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. TNM Drill Down Feb. 24-Mar. 3, 2023.Projects on three corners of the planet led results for the Feb. 24 to March 3 period. Rox Resources' (ASX: RXL) Youanmi project in Australia topped the chart followed by Dundee Pr...Read More
After 15 years funding Canadian exploration in more than 450 financings advancing billions of dollars to hundreds of issuers on behalf of thousands of clients, we at PearTree share the sector lament best said by the late comedian Rodney Dangerfield: "I get no respect." (Those under 45 are now hitting YouTube - as you should, in which case our job here is mostly done.) Over the past three years...Read More
NioCorp Developments (TSX: NB; US-OTC: NIOBF) saw its shares rally on Monday following the announcement that it has received interest from the Export-Import Bank of the United States (EXIM) for a potential financing of up to US$800 million for the company's proposed Elk Creek critical minerals project.The funding, should it be granted, will be provided through EXIM's "Make More In America" initiat...Read More
Robert Friedland, founder and executive co-chair of Ivanhoe Mines (TSX: IVN), says the West shouldn't go to war over Taiwan because it needs investment from China to mine metals for the global green energy transition. Canada's order last year for China to divest from Canadian companies' critical minerals projects deprives junior miners when investment bank Goldman Sachs says US$2.8 trillion i...Read More
When Golden Arrow Resources (TSX: GRG; US-OTC: GARWF) learned that Japan's Sumitomo Metal Mining wanted to exit Chile and was putting its San Pietro copper-gold-cobalt project on the market, the Canadian junior explorer had the wherewithal to pounce. Flush with cash from the sale in September 2019 of its Chinchillas silver mine to SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) in a cash-and-share...Read More
The shift to green energy will demand the use of all metals, not just critical in a multi-trillion dollar industrial transition, said McKinsey's Ken Hoffman at PDAC in Toronto on Sunday.Delivering the first keynote speech of the four-day conference, Hoffman, who is head of the consultant's battery raw materials team said that key critical metals like lithium and cobalt will be needed for the trans...Read More
"The rich buy assets. The poor only have expenses. The middle class buy liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them." - Robert KiyosakiDear Outsider,My New Year's resolution is always the same...Read more books.So I started off this year by reading a book I'd only heard good things about...Robert Kiyosaki's Rich Dad Poor D...Read More