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
Get rich or die trying?EUR?-?EUR?that's a common mantra among entrepreneurs, gangsters and drug dealers.Read full newsRead More
Crumbling mine tunnels awash with polluted waters perforate the Colorado mountains, and scientists may one day send robots creeping through the pitch-black passages to study the mysterious currents that sometimes burst to the surface with devastating effects. One such disaster happened at...Read full newsRead More
The leader in online travel agencies should just keep getting bigger.Read full newsRead More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
SHANGHAI, Feb 1 (SMM) - Copper: The US dollar is unlikely to fall further in the short term as the Federal Reserve Board implied an interest rate increase in March. Physical market stayed weak as buyers were cautious ahead of Chinese New Year. We expect SHFE copper to trade at 52,500-53,000 yuan/mt today with spot discounts at 140-90 yuan/mt.Aluminium: We see SHFE aluminium trade lower at 14,...Read More
When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More
The gods' sense of humor is vastly underappreciated…For the past year President Trump has shimmied and crooned about the roaring stock market.He has made America Great Again... and the stock market has made America Rich Again.Sample quote, dated Jan. 5, 2018:Dow goes from 18,589 on November 9, 2016, to 25,075 today, for a new all-time Record. Jumped 1000 points in last 5 weeks, Record fastes...Read More
Publicly traded marijuana companies continue to ride a wave of optimism. Before the decade is out, pot could be on its way to being legal in many more states.When that happens, the tiny pioneers of this market could balloon into industry giants - vastly rewarding anyone who was brave enough to invest at the start of the wave.But you don't have to wait for more state governments to get their acts t...Read More
The S&P 500 just suffered its worst trading day since August.The record run of low volatility we've enjoyed has official warped our minds. Even the smallest moves lower feel like a big deal. The S&P lost just 31 points on Tuesday - a measly 1% drop.Yes, you read that correctly: The S&P 500 dropped more than 1% during a single trading session for the first time in five months... Stocks...Read More
It's finally happening!After months of planning, political wrangling and controversy, Trump's “Cash for Patriots” program is underway!The process actually started as a campaign promise before the 2016 election.Last February, I wrote a report about this “Cash for Patriots” program and explained how Trump's new policies would lead to big cash payments for Americans. And I'm h...Read More
Marin KatusaMarin Katusa started off the 2018 Vancouver Resource Investment conference off in a battle with Rick Rule and Frank Holmes discussing top picks.Marin's picks were no surprise to the audience as they are the same companies (dogs) he has been promoting for the past several years.In case you are wondering about some of Marin's track record this link is a good place to do some due dilig...Read More
Drilling at the Oyadao South Halo Prospect in Cambodia, a joint venture with Jogmec. Source: Angkor Gold Corp.Angkor Gold Corp. [ANK-TSXV; ANKOF-OTC] operations vice-president JP Dau said Thursday February 1 that he believes 2018 is going to be a stellar year for the company and for Cambodia's growing mining sector. Angkor has a large land package in Cambodia, covering 1,000 km2. The focus is on p...Read More
Shares of Patriot One Technologies Inc. (TSXV:PAT) have gained nearly 75% over the past six months on positive news developments related to PATSCANSmallCapPower | February 1, 2018: Patriot One Technologies Inc. (TSXV:PAT) recently provided an update on key events over the past quarter related to the development of its concealed weapons detection system, PATSCAN, as well as management changes.As...Read More
Drilling support holes for the Kakula service decline at the Ivanhoe Mines Kamoa-Kakula copper project in the Democratic Republic of Congo. Source: Ivanhoe Mines Ltd.Investors continued to bail out of Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] on Thursday February 1, even after the company issued a press release saying it is aware of media reports regarding "possible changes" to the mining code in th...Read More
Some children are better at paying attention than others. Some can cope with, or even enjoy, a school classroom setting. Some kids have more energy than others. Some are good at following directions, and some are easily distracted.But just because a classroom is not a good environment for many children does not mean they have a disorder. They may have an Attention Deficit because they are bored. T...Read More
Full Article: THE Week. THE Record. THE Extreme Sign for GoldBy: Przemyslaw RadomskiTo say that gold's weekly volume was big is like to say that snails are not the fastest animal. You can't say that it's a lie, but it doesn't really convey the entire truth, either. Gold's weekly volume was the highest EVER. Yes, ever. There was not a single week - not even during the 2011 top or when gold decl...Read More
Marin KatusaMarin Katusa started off the 2018 Vancouver Resource Investment conference off in a battle with Rick Rule and Frank Holmes discussing top picks.Marin's picks were no surprise to the audience as they are the same companies (dogs) he has been promoting for the past several years.In case you are wondering about some of Marin's track record this link is a good place to do some due dilig...Read More
(IDEX Online) - ALROSA recovered two gem-quality stones, weighing 97.92 carats and 85.62 carats, from the Yubileynaya pipe at Aikhal Mining and Processing Division last month. The 97.92 carat rough diamond (pictured above), is a transparent octahedron yellow-hue crystal with small sulfide and olivine inclusions near the surface. It measures 26 х 17 х 21 mm. The second r...Read More