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
Shares in GoldStone Resources (LON:GRL) jumped Friday after the gold miner announced it had began a project to potentially reopen the Akrokeri mine in Ghana, which has been shuttered for over a century.The old underground mine is located within the Akrokeri prospecting licence held by GoldStone, about 1.5 km south of two proposed pits. It was shut down in 1909, due to a high inflow of water.In t...Read More
VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank HolmesThe Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Holmes giving out 3 top picks each.Here are my predictions for the top picks.Marin Katusa - Blackbird Energy (BBI.V) , Equinox Gold (EQX.T), GoldMining (GOLD.v), Northern Dynasty (NDM.T)?Rick Rule - EMX Royalty (...Read More
VRIC 2018 top picks predictions - Marin Katusa, Rick Rule, and Frank HolmesThe Vancouver Resource investment conference kicks off on Sunday morning with Marin Katusa, Rick Rule, and Frank Holmes giving out 3 top picks each.Here are my predictions for the top picks.Marin Katusa - Blackbird Energy (BBI.V) , Equinox Gold (EQX.T), GoldMining (GOLD.v), Northern Dynasty (NDM.T)?Rick Rule - EMX Royalty (...Read More
(IDEX Online) - The VICENZAORO January show kicked off on Friday, with 1,500 brands taking part in the international jewelry show organized by the Italian Exhibition Group (IEG) which was created by a merger between Rimini Fiera and Fiera di Vicenza. Undersecretary of the Ministry of Economic Development, Ivan Scalfarotto, said at the opening ceremony: "Rimini and Vicenza, togeth...Read More
BEI HU – Diamonds are set to slump further, according to a hedge fund whose bet on marijuana made it the world’s best performer in 2016.Prices of the precious gem may slump as much as 10% this year as it loses appeal with younger consumers and faces challenges from synthetic alternatives, said Singapore-based Ben Cleary, who co-manages the $500-million Tribeca Global Natural Resources...Read More
Lambos to da moon! Well, for anyone who was betting big on cryptocurrencies this time last year, what once might have seemed like a far-fetched pipe dream became a very tangible reality… in an exceptionally short period of time.Readers who have followed this blog for any length of time know that I have carved out quite the reputation for myself as being a reckless “gambler” in th...Read More
"It's important, given these rumors that are out there, to let people know - more specifically today, employers - that if they voluntarily start giving up information about their employees or access to their employees in ways that contradict our new California laws, they subject themselves to actions by my office," [California] state Attorney General Xavier Becerra said at a news conference. "We w...Read More
"It's important, given these rumors that are out there, to let people know - more specifically today, employers - that if they voluntarily start giving up information about their employees or access to their employees in ways that contradict our new California laws, they subject themselves to actions by my office," [California] state Attorney General Xavier Becerra said at a news conference. "We w...Read More
Gold Mining Stock Outlook - January 2018Read full newsRead More
Near-Term Production on the Mexican Silver BeltRead full newsRead More
Eureka Resources Inc. (TSXV: EUK) ('Eureka' or the 'Company') announced today that, further to its press releases of November 27, 2017 and December 29, 2017, it has amended the terms of its previously announced non-brokered private placement of up to $175,000 (the 'Offering').Read full newsRead More
By Jeff Clark, Senior Precious Metals Analyst, GoldSilver ... 2018-01-17You undoubtedly know that 2017 was a record-setting year for the broad stock markets. And while gold was up last year despite numerous headwinds, most mainstream investors aren't paying much attention to gold since they keep seeing so much green in their stock portfolios. Even I was taken back by some of the data from the bu...Read More
The Federal Reserve's beige book stressed on the sustained strength of the US economy. This implies quicker interest rate hikes. Gold fell as a result. To me the correction in gold and silver is a part of the impeding sharp rally. However if gold and silver fall today, then chances of $1292 and $1673 and below will be very high. Short term buyers will turn into sellers. It's a big day for gold a...Read More
The Federal Reserve's beige book stressed on the sustained strength of the US economy. This implies quicker interest rate hikes. Gold fell as a result. To me the correction in gold and silver is a part of the impeding sharp rally. However if gold and silver fall today, then chances of $1292 and $1673 and below will be very high. Short term buyers will turn into sellers. It's a big day for gold a...Read More
Vangold Mining Corp. is pleased to announce that the Phase One underground drill program has commenced on the Company's 100% owned, El Pinguico Mine, located 10km from the City of Guanajuato, Mexico. The drill program will include a minimum of 15 holes through the El Pinguico standing stock pile.Read full newsRead More
After notching a fresh record high out of the gate today, the Dow reversed course -- and was briefly down triple digits -- amid concerns about a possible government shutdown this weekend. Another big loss for General Electric (GE) stock also weighed on the index, overshadowing a solid day for Walmart (WMT) shares. Nevertheless, the Dow managed to maintain a perch atop the 26,000 level. The S&P and...Read More
Turkey says it is readying an assault on a Kurdish-held town in Syria. Here's all you need to know.Read full newsRead More
Westhaven Ventures Inc. (TSXV:WHN) is pleased to announce that ground geophysics has commenced at its 18,768 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 35 kilometres south of Merritt, British Columbia.Read full newsRead More
Threats of a government shutdown have the Dow retreating from the record high set earlier -- and testing its newfound footing atop 26,000. This negative price action is not confined to blue chips, either, with network infrastructure specialist ADTRAN, Inc. (NASDAQ:ADTN), and pharma stocks Lannett Company, Inc. (NYSE:LCI) and Endo International plc (NASDAQ:ENDP) also in the red. Here's a quick look...Read More
The main U.S. stock market indexes gained between 0.9% and 1.3% on Wednesday, retracing their Tuesday's move down, as investors' sentiment improved following better-than-expected Industrial Production data release, among others. The S&P 500 index trades just 0.2% below its Tuesday's record high of 2,807.54. The Dow Jones Industrial Average reached new record high of 26,130.45 yesterday, and th...Read More