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
Commodities Analysis by The Gold Reportcovering: XAU/USD, Gold Futures, Copper Futures, Anaconda Mining Inc. Read The Gold Report 's latest article on Investing.comRead full newsRead More
Every day, more and more regular Americans are finding vast sums of wealth buried beneath their homes. In some cases, the wealth shows up in attics or even overlooked bathroom spaces.Last year, I started the process for myself... in the cold, unfinished basement below my house. As you can see, I even got my youngest son to help me.So what is this phenomenon sweeping across America?It's a giant wav...Read More
Key event details: Why gold and why now? A concise gold market overview 5th February 12.00-12.10John Reade, Chief Market Strategist, World Gold CouncilMacro-economic factors – what should investors pay attention to in evaluating gold?The outlook for demand – where is growth going to come from and what are the challengesPanel: The gold market – what drives the pric...Read More
As the only national gold and precious metals event, China Gold covers the entire mineral value chain under the streams of Gold Mining, Gold Investment Market and Gold Consumption. That includes gold mining, smelting and processing, market trend forecasting for gold investment, gold consumer products, particularly jewelry design and technology. China Gold is committed to continually promoting the...Read More
Drilling operations are the Bruner Project in Nye County, Nevada. Source: Canamex Gold Corp.Canamex Gold Corp. [CSQ-TSXV; CNMXF-OTCBB, CX6-FSE] on Thursday January 25 released an updated Preliminary Economic Assessment (PEA) report for its Bruner Gold Project in Nye County, Nevada. The updated PEA was prepared in accordance with NI 43-101 standards of compliance. Base case results are predicated o...Read More
Aurora Cannabis Inc. (TSX:ACB) ups its offer for CanniMed Therapeutics Inc. (TSX:CMED) by about 80%SmallCapPower | January 25, 2018: After more than two months of bitter takeover battle, Aurora Cannabis Inc. (TSX:ACB) and CanniMed Therapeutics Inc. (TSX:CMED) announced Wednesday that they have entered into a friendly agreement whereby Aurora will buy CanniMed in a new and revised cash-and-stock...Read More
Xtra-Gold new diamond drill rig at their exploration camp in Ghana, West Africa. Source: Xtra-Gold Resources Corp.Xtra-Gold Resources Corp. [XTG-TSX, XTGRF-OTC] on Thursday January 25 announced "highly encouraging" results from the recently completed Bomaa Gold Project scout drilling program at the company's 100%-owned Kwabeng Concession in Ghana, West Africa.The company said a total of 17 diamo...Read More
You could turn $100 into a fortune!That is why ICOs (Initial Coin Offerings) boomed last year. New projects launched their own digital tokens. Everyone wanted to get in on the bottom of a skyrocketing cryptocurrency.Bitcoin easily fueled that desire. If you put $100 into Bitcoin in January of 2012, you would be sitting on over 200 grand now, assuming you didn’t get excited and sell when Bitc...Read More
VANCOUVER, BRITISH COLUMBIA / January 25, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company is exercising its option to acquire an additional 5% ownership interest in engineering partner PurLucid Treatment Solutions ("PurLucid") from existing shareholders in exchange for 1 million MGX shares. The Phase IV investment agreement sh...Read More
Full Article: I Bet My Blog on a 2018 Economic CollapseBy: The Great Recession BlogMy 2018 economic predictions follow through on the accurate predictions I made in 2017. In my last article, I stated that I had bet my blog the stock market would crash by January 2018. That was my thinking back then based on where Obama had been taking us. In fact, however, when I went back last week and rechecked...Read More
(IDEX Online) - De Beers reported a five percent rise in rough diamond production for the fourth quarter of 2017 to 8.1 million carats, reflecting stronger trading conditions as well as the contribution from the ramp-up of the Gahcho Ku?(C) mine in Canada. In Botswana, production increased marginally to 5.5 million carats. Orapa's production increased 14 percent, mainly due to planned incre...Read More
State-owned financial services provider Export Credit Insurance Corporation (ECIC) is keen to deepen partnerships with South African exporters who offer their capital goods and services in international and emerging markets, including in Africa. Further, the corporation’s mandate also extends to partnerships with South African registered entities that would like to engage in cross-border inv...Read More
(IDEX Online) - Jim Vimadalal, who previously worked at the Indian offices of Rio Tinto and Swarovski, has been appointed as Director of ALROSA's representative office in Mumbai. The official opening of the Indian office is scheduled for March 2018. Currently, preparation works for the opening are underway, ALROSA said. The representative office won't be engaged in trading activi...Read More
(IDEX Online) - Mountain Province Diamonds reported that 2017 output exceeded guidance, with its fourth quarter diamond production from the Gahcho Ku?(C) diamond mine being approximately 797,000 carats. The firm owns 49 percent of the operation, which is located in Canada's Northwest Territories, with De Beers Canada owning the rest. David Whittle, the Interim President and Chief Ex...Read More
South African industrial group Torre Industries is exhibiting at the 2018 Investing In African Mining Indaba, with the aim of increasing the group’s brand awareness among local and international mining industry players. The JSE-listed group has nine business units across three segments: parts and components, analytical services and capitalequipment. These segments service the mining, automot...Read More
(IDEX Online) - Jewelers of America (JA) presented actress Debra Messing with the GEM Award for Jewelry Style, while Sally Morrison was the recipient of the GEM Award for Lifetime Achievement at its 16th annual GEM Awards in New York. Meanwhile, Irene Neuwirth won the GEM Award for Jewelry Design. The other nominees in the Jewelry Design category were Coomi Bhasin and Nikos Koulis. The awa...Read More
Mining software company MICROMINE will provide previews of its major product releases – Geobank 2018 and Micromine 2018 – at the Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 5 to 8. The company will showcase its entire suite of solutions, including data management solution Geobank, three-dimensional modelling a...Read More
(IDEX Online) - The VicenzaOro International Jewellery Show has closed, with organizers reporting a 10 percent increase in buyers - coming from 130 countries - compared to the January 2017 edition to more than 36,000 entries to the event. The presence of international buyers from the most important countries for the global gold and jewelry sector is growing strongly, they said, with Italy s...Read More
The sale of Brazilian group Odebrecht’s 16.4% stake in Angolan diamond mining company Sociedade Mineira de Catoca (Catoca Mining Company) to the mine’s two main shareholders has been approved by Angolan President João Lourenço. He signed the decree authorising the deal earlier this month, Russian diamond mining group Alrosa has reported. The value of the deal is $140-mill...Read More
With commodity prices improving and the mining industry moving towards positive growth, indications are that participants at the Investing in African Mining Indaba 2018 will experience the “return of investor appetite” first-hand, says Mining Indaba MD Alex Grose.This renewed investor interest suggests that the African mining sector is likely to benefit from increased investment this y...Read More