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

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

Toro Gold became Africa's newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018.Read full newsRead More

Santo Domingo. -Prominent ecologist Luis Carvajal, on Mon. warned that gold mining in the San Juan province (west) couldRead 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

Maintains industry lowest quartile AISC over new Life of Mine at CAD$692 / oz. Au (USD$555 / oz. Au)Canadian dollars unless otherwise notedVANCOUVER, Jan. 2...Read full newsRead More

(This version of the Jan. 26 story corrects headline, first, third and fifth paragraphs to show the EPA has maintained restrictions and not halted project approval process.)Read full newsRead More

“This must be the most Instagrammed greenhouse in the world”, Clark Moorten, the 74-year-old owner of Moorten Botanical Garden says, leading me to a rather ramshackle structure with the sign:Read full newsRead More

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

SHANGHAI, Jan 30 (SMM) – As the SHFE 1803 zinc contract refreshed its 10-year high and touched 27,235 yuan/mt on Monday January 29, SMM believes new highs may continue to be made.Such strong momentum can be attributed to stronger Chinese yuan, declining inventory, and more fund liquidity.With LME zinc inventory coming down to below the 180,000 mt level and a spot premium of over $20/mt, more...Read More

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

Better prospects for crude oil is nowhere more evident than on derivatives markets and the shift in positioning of large-scale derivatives speculators such as hedge funds.Hedge funds have pushed long positions - bets on higher prices in future - to all-time record levels across five energy markets including US benchmark West Texas Intermediate crude, Brent international oil futures, and US gasoli...Read More

I started in the Treasury bond business in 1985 after a 10-year career in commercial banking. I retired as a senior officer of Citibank that year at a relatively young age and made the move to Wall Street.My firm was Greenwich Capital Markets, one of a select group of "primary dealers" allowed to transact directly with the Federal Reserve. Monetary policy is conducted through open-market operation...Read More

The old signposts can no longer be trusted, we noted in Friday's reckoning.Like Nazi saboteurs redirecting road signs during the Battle of the Bulge, the Fed sent investors off in the wrong direction...After the crash of 2008, interest rates would have soared.Marginal companies dependent on low interest rates and cheap credit would have gone the way of all flesh.The pain of bankruptcy would have b...Read More

In 2009, the financial world was in full meltdown.Ironically, weeks before the S&P 500 bottomed at 666, the genesis for one of the biggest current trends in tech and finance kicked off.It happened when the first block of bitcoin, called the genesis block, was issued by its elusive inventor Satoshi Nakamoto.Months earlier, Nakamoto wrote a paper describing how a new digital currency could be us...Read More

Your strongest beliefs are tearing your portfolio apart.You're biased. You like Apple iPhones, Nike sneakers, and Shake Shack burgers. In your world, the quality and value of these brands are unmatched by the competition. Of course, this also means their respective share prices can only go higher.When you're emotionally attached to a company, it's easy to excuse a bad quarter, a botched product la...Read More

I'm getting sick and tired of the fake news popping up just about everywhere.Personally, I feel manipulated every time I read a story on what's happening in Washington. It happens on both the left and the right sides of the spectrum.No one is reporting the actual political story. Instead, it seems like every journalist is writing with the express intent to sway me towards their opinion of what is...Read More

It is now an article of faith…Pre-2008 markets were far more sensitive to negative shocks than today's.Because of the Federal Reserve's massive interventions since the crisis... today's markets are not nearly so sensitive to shocks.But is it true?Our own James Altucher once ran a fascinating study...He ransacked market history from WWII through the seismic events of Sept. 11, 2001.His purpos...Read More

The economy has been trapped in a one-step-forward, two-steps-back cycle.It has been an economy of false starts... false dawns... and false promises.Third-quarter 2017 GDP expanded at a 3.2% annualized rate - its best quarter in two years.One step forward.A Bloomberg survey of economists predicted another 3% annualized expansion for last year's final quarter.Another step forward, that is.As recent...Read More

Location map of the Allegiant Gold's Bolo and Eastside properties in Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin out comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX], got off to a positive start Tuesday, the first day of trading on the TSX Venture Exchange. The shares rose 23% or $0.14 to 74 cents in early afternoon...Read More

Aphria Inc. (TSX:APH) Monday announced a $826 million cash-and-stock transaction to acquire Nuuvera Inc. (TSXV:NUU)SmallCapPower | January 30, 2018: Consolidation continues to sweep the Canadian cannabis sector as producers scramble to boost their capacities domestically heading into the recreational legalization in mid-2018, as well as internationally to capture the growing opportunity overseas i...Read More