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
SHANGHAI, Jan 31 (SMM) –Copper: Lacklustre downstream consumption has dragged the performance of copper futures of late but we see support for SHFE copper at 53,000 yuan/mt. LME copper, meanwhile, is set to trade at $7,050-7,110/mt. We see spot discounts stable today at 210-150 yuan/mt amid quiet physical market.Aluminium: LME aluminium will test support at the $2,200/mt level today while th...Read More
Rio Tinto (ASX, LON, NYSE: RIO), the world's second largest mining company, denied Wednesday a report released by a Dutch non-profit organization claiming it had dodged $700 million in taxes to Mongolian and Canadian authorities relating to its Oyu Tolgoi copper and gold mine.According to the Dutch Centre for Research on Multinational Corporations (SOMO), Rio and its Canadian subsidiary Turquoise...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
Palisade Research January 31, 2018 Category: Research There is something going on in the economy that no one is talking about.And it is making me uneasy. . .For the last decade, the world’s economies have piled on an insane amount of debt.It’s not hard to see why this happened.Years of near zero interest rates - even negative across Europe and Japan - allowed governments and households...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Gold Comment by Soren K, a biased bullish Gold trader who swing-trades from the short side in shorter time frames. Note: As part of the writing team I'm adding an edit for the casual reader whom Soren does not wish to cater to but, I do. Soren deals in projections and likelihoods as a product of risk reward opportunities. These are not predictions despite the black and white definitive...Read More
Gold in Africa is attracting attention. Here's a look at the companies that are currently mining gold in Ghana, Mali and Burkina Faso.Read full newsRead More
Canuc Resources Corporation (TSXV: CDA)('Canuc' or the 'Company') is pleased to announce that it has completed a vertical amalgamation (the 'Vertical Amalgamation') with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario).Read full newsRead More
Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More
Deutsche Bank and its associate group, UBS, HSBC etc have been fined by the CFTC for gold price manipulation. I am sure silver prices are being manipulated by a group of banks and hedge funds. Silver is undervalued. Long term industrial uses of silver will exceed production. Those who had invested in physical silver have lost all hope that silver prices can rise. Some of the silver investors are...Read More
U.S. regulators are scrutinizing one of the world's largest cryptocurrency exchanges as questions mount over a digital token linked to its backers. This follows reports of the company severing its relationship with its auditor.Read full newsRead More
The top five resource companies to make the list were Amerigo Resources, Novo Resources, Excelsior Mining, Critical Elements and Corvus Gold.Read full newsRead More
Looking at the daily chart of USD/CHF we can summarize the recent days in one word: boredom. But behind the current consolidation there may be something more than we think at first glance. Read today's alert and you'll find out what we mean.EUR/USD On the daily chart, we see that although currency bears tried to push EUR/USD under the lower border of the blue consolidation, they failed yesterday a...Read More
London reached its annual limits on pollution less than a month into the year, which was actually an improvement on the air quality in 2017.Read full newsRead More
BofAML Bull & Bear indicator has given 11 sell signals since 2002; hit ratio = 11/11; average equity peak-to-trough drop following 3 months = 12%Read full newsRead More
Concerns about interest rates sent the major indexes lower -- and Treasury yields higher -- for the second session in a row, though the Federal Open Market Committee (FOMC) isn't expected to announce a rate hike after its policy meeting tomorrow. In addition, the announcement of Amazon's (AMZN) new healthcare partnership weighed on several pharmacy stocks and health insurers, including blue-chip...Read More
Stakeholder Gold Corp. (TSXV: SRC) ('Stakeholder Gold' or the 'Company') is pleased to announce that Anita Bailey has been appointed Corporate Secretary for the Company.Read full newsRead More
Cache Exploration Inc. (the 'Company', or 'Cache'), (TSX-V:CAY) is pleased to report that the Company has signed a Purchase Agreement to acquire a 100% interest in the Deep Lake Cobalt Property, located near Saint John, New Brunswick.Read full newsRead More
Insurance issue Anthem Inc (NYSE:ANTM) is just one of many healthcare stocks sinking as a result of the joint venture between Amazon (AMZN), Berkshire Hathaway (BRK.A), and JPMorgan Chase (JPM). ANTM was last seen trading down 5.7% at $242.47, with the shares testing their 20-day moving average. For what it's worth, they're still roughly 10 points above the 50-day moving average. All of this come...Read More