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
Global miner Anglo America (LON:AAL) saw its output climb 5% last year thanks mainly to its diamond and iron ore divisions, though copper production remained flat.The company said output at its diamond unit, De Beers, climbed 22% compared with the previous year to 33.5 million carats, as its Gahcho Ku?(C) mine reached full production.Gahcho Ku?(C), Canada's newest diamond mine and the world's larg...Read More
Shares in the world's largest mining and construction equipment maker Caterpillar (NYSE:CAT) were up almost 4% in pre-market trading on Thursday after the company posted results that beat investors' expectations.The Deerfield, Illinois-based firm, which is considered a reliable bellwether of global economic activity, reported positive fourth quarter and full-year results and delivered bullish proj...Read More
Published on: Jan 25, 2018 | by finfeedPure Minerals (ASX:PM1) yesterday updated the market with additional results from its first phase of drilling at the Battery Hub manganese project, which is situated in Western Australia's Gascoyne region.The results come from 24 reverse circulation (RC) drilling holes located at the Pools Prospect, situated at the eastern end of tenement E09/2217 and immedia...Read More
Cryptocurrencies and gold – competitors or complements?Despite anecdotal comments from well-regarded financial commentators that gold prices and gold demand are suffering at the expense of cryptocurrencies, there isn’t any quantifiable evidence that gold holdings are directly suffering from competition from cryptocurrencies. The weakness in physical demand in 2017 – for...Read More
Toliara in Madagascar shapes as an important ilmenite source at a time when burgeoning Chinese titanium pigment production has seen a recovery in prices and an encouraging price outlook.That makes it a different type of project to Kwale, where rutile accounts for nearly half the sales revenue currently being generated, albeit on 15% of the production volume from the operation (470,000 tonnes per a...Read More
The Perth-based, Toronto-listed junior finally got its hands on the Djarkadougou permit, which includes the Bondi deposit, six months ago after a protracted courtship of Orezone Gold Corp and a year-long government approval process. Sarama persevered for a long time to get its hands on the permit because of its strategic position, wedged between its 2.1 million ounce South Houndé proje...Read More
The 100%-owned Citronen mine will add up to 200,000 tonnes of zinc to annual supply and rank among the world's top six producers.While that might sound like bad news for prices, the global zinc market is something of a special case. Warehouse stocks on the London Metal Exchange have been cleaned out by a string of mine closures, a dearth of new projects and relentless growth in global demand of ab...Read More
Adem Tumerkan January 25, 2018 Category: Research I wrote this last week about the USD. . .“Once the US Dollar Index breaks below 90 - which could happen any day now - then dollar bulls will retreat.And it will only snowball downhill from there.” Many analysts and “expert” CNBC pundits disagreed with our bold call.They didn’t think it would happen. And if it even were...Read More
Palisade Research January 25, 2018 Category: Research Uranium was in the midst of a renaissance up until 2011.Then the Fukushima meltdown in Japan caused uranium prices to implode.And since then, uranium has been in a brutal bear market. . .This isn’t surprising as every nuclear meltdown in the past has been followed by an extended uranium ‘recession’.For uranium producers –...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
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
Gold futures settled at the highest since August 2016, as investors got behind a rally brought on by a falling dollar. Volume soared in the futures market, with trading more than double the daily average.Read full newsRead More
Gold Resource Corporation (NYSE American: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for January 2018 payable on February 23, 2018 to shareholders of record as of February 12, 2018.Read full newsRead More
Everyone's got an opinion on US President Donald Trump - including gold market watchers. We break down whether or not he's good for the yellow metal.Read full newsRead More
In a new report, the World Gold Council outlines four key roles gold can play in a portfolio, encouraging investors to be aware of its benefits.Read full newsRead More
The largest exchange-traded fund to track gold has seen heavy adoption thus far in 2018, with massive inflows amid a rally in the precious metal's price, as well as interest from investors looking to hedge their portfolios. The SPDR Gold Shares GLD, +0.08% fund has had inflows of $873.6 million over the past week, according to FactSet data. That's the fourth-highest inflows of any U.S. listed ETF...Read More
More than 250 neurological specialists expected to attend conference in Bogot??, Feb. 15/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION...Read full newsRead More
For South African gold miners, it's both the best and worst of times.Read full newsRead More
President Donald Trump's tariffs on solar-panel imports to the U.S. are a swipe at an industry that drew in $161 billion of investment globally last year and is dominated by companies in China.Read full newsRead More
BNN is Canada's Business News Network reporting on finance and the markets.Read full newsRead More