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 last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More
Copper mining deals are off to the best start in at least 12 years - and more money could be pouring into the sector this year.More than $500 million in transactions are pending or were completed so far this month, the most recorded for January in Bloomberg data going back 12 years. Merger interest is picking up after years of under-investment limited mining companies' capacity to meet rising dema...Read More
Interview syndicated from Frank Holme's Frank TalkLast week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland. In case you don't know, back in the mid-1970s, Robert was caretaker of an apple orchard south of Portland that one of his buddies from Reed College would often visit....Read More
Local inhabitants have long taken advantage of these riches. They pan for gold in Asosa's streams and also extract the precious metal directly from outcropping rocks.Read full newsRead More
From Chris Kimble: The past 11 and 7 years respectively have not been kind to the Euro and Gold, as each has created a series of lower highs and lower lows forRead 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 that possesses another sign:Read full newsRead More
Ron Struthers of Struthers Resource Stock Report discusses the downfall of cryptocurrencies and the rise of gold, and presents four gold companies he is adding to his selection list.Read full newsRead More
JUNEAU - The U.S. Environmental Protection Agency on Friday halted plans to withdraw proposed restrictions on mining activity near a major Alaska salmon fishery, drawing praise from opponents of theRead 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
VANCOUVER - Quarterly gold production at SSR Mining Inc.'s Nevada mine rose in the fourth quarter of 2017, the company reported in results released mid-January. Overall, SSR met or exceededRead full newsRead More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
Garibaldi ResourcesPopular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference.At the Vancouver Resource Investment conference on Sunday, January 21 at 1pm conference host Marin Katusa hosted a panel called A Big Scam or The Big Score?Panelists included Brent Cook and Frank Curzio.Host Marin Katusa asked them que...Read More
More terrifying than monsters, murderers, snakes, and rats: politicians. They create horror stories that go on for decades. And their tales are real.It is not just the likes of Hitler that destroy generations. Countless much more subtle politicians have exerted influence on hundreds of millions of lives for decades after their stint in government. Yet most people don’t even blink an eye at t...Read More
Garibaldi ResourcesPopular junior mining stock Garibaldi Resources receives some harsh comments from Brent Cook at the 2018 Vancouver Resource Investment Conference.At the Vancouver Resource Investment conference on Sunday, January 21 at 1pm conference host Marin Katusa hosted a panel called A Big Scam or The Big Score?Panelists included Brent Cook and Frank Curzio.Host Marin Katusa asked them que...Read More
More terrifying than monsters, murderers, snakes, and rats: politicians. They create horror stories that go on for decades. And their tales are real.It is not just the likes of Hitler that destroy generations. Countless much more subtle politicians have exerted influence on hundreds of millions of lives for decades after their stint in government. Yet most people don’t even blink an eye at t...Read More
More terrifying than monsters, murderers, snakes, and rats: politicians. They create horror stories that go on for decades. And their tales are real.It is not just the likes of Hitler that destroy generations. Countless much more subtle politicians have exerted influence on hundreds of millions of lives for decades after their stint in government. Yet most people don’t even blink an eye at t...Read More
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Read full newsRead More
It's proving hard to find a seller in the oil market.Read full newsRead More
A South African businessman now living in Canada wants to sell a unique collection of solid gold items intimately associated to Nelson Mandela, including the world's only gold cast hand belonging to the anti-apartheid revolutionary and political leader, who died in 2013.Malcolm Duncan worked alongside Madiba opening a breast cancer clinic back in 2000. He confesses that, while he didn't like Mande...Read More