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
A Chinese salvage team recovered two bodies on Saturday from a stricken Iranian oil tanker, that was still blazing a week after it caught fire and was left adrift following a collision in the East China Sea, state news agency Xinhua reported.Read full newsRead More
Iran has violated a UN arms embargo by failing to block supplies to Yemen's Houthi militias ofRead full newsRead More
The yellow metal has been rallying since mid-December on the back of a weak US dollar. Silver and copper are down, while oil is also up.Read full newsRead More
Russian gold producer Arlan plansto have doubled gold output from its mine in 2020, expecting theprice for the precious metal to rise further, the firm'sdirector for development said.Read full newsRead More
On the website of the Colorado-based Newmont mine, the top page reads in bold letters, "Culture of Zero Harm."Read full newsRead More
Anaconda Mining Inc:Read full newsRead More
The stock market is on another unstoppable tear as we finish another successful trading week.Stocks are popping left and right. It feels like every single stock and sector is getting a lift from the melt-up rally. But if you want to book the best possible results as you ride the next wave higher, it's crucial to pinpoint the market's strongest breakouts.Here's the fuel that's powering the market h...Read More
Greetings from Las Vegas!This week is the Consumer Electronics Show, otherwise known as CES.It’s the largest event of its kind. Over 170,000 people are expected to attend from all over the world to get a sneak peek at thousands the most innovative products and gadgets BEFORE they’re available to the public.Just this week I took a test drive in a self-driving car down the Las Vegas Stri...Read More
Oh no! Another looming “government shutdown,” what are we going to do?!We should be so lucky.People talk about bipartisanship like it’s a good thing. But the point of Congress was never to get stuff done. The point was the make sure that only important stuff got done.President Calvin Coolidge said, “It is much more important to kill bad bills than to pass good ones.”B...Read More
As 2018 gets under way, I will admit to everyone that my focus has shifted slightly away from investing full-time, all the time 24/7. The truth of the matter is — There’s a lot more to life than just making $$$.Granted, everyone knows the importance of striving for early FI, because in many regards, achieving such a tremendous dream/goal is indeed the path to unlocking “the bette...Read More
Oh no! Another looming “government shutdown,” what are we going to do?!We should be so lucky.People talk about bipartisanship like it’s a good thing. But the point of Congress was never to get stuff done. The point was the make sure that only important stuff got done.President Calvin Coolidge said, “It is much more important to kill bad bills than to pass good ones.”B...Read More
Oh no! Another looming “government shutdown,” what are we going to do?!We should be so lucky.People talk about bipartisanship like it’s a good thing. But the point of Congress was never to get stuff done. The point was the make sure that only important stuff got done.President Calvin Coolidge said, “It is much more important to kill bad bills than to pass good ones.”B...Read More
Filo Mining Corp. ('Filo Mining or the 'Company') (TSXV:FIL)(OMX:FIL) ('Filo Mining', 'Filo', or the 'Company'), reports that the Company has secured a US$2,000,000 credit facility (the 'Facility') to be evidenced by a debenture (the 'Debenture') to provide additional financial flexibility to fund general corporate purposes. The Debe...Read More
"From the macro point of view, this is not an environment where you'd want to be shorting metals."Read full newsRead More
Police launch investigation into attack for which no group has yet claimed responsibility - Anadolu AgencyRead full newsRead More
Happy Lohri, Makar Sankranti and Pongal to everyoneMonday US markets are closed. Traders will take positions for Tuesday. The hawkish European central bank meeting also supported gold prices. Next week, the Federal Reserve Beige book and US housing numbers will affect metals as well as currency markets. Traders expect a strong growth view from the Federal Reserve. If consumer price index numbers...Read More
Happy Lohri, Makar Sankranti and Pongal to everyoneMonday US markets are closed. Traders will take positions for Tuesday. The hawkish European central bank meeting also supported gold prices. Next week, the Federal Reserve Beige book and US housing numbers will affect metals as well as currency markets. Traders expect a strong growth view from the Federal Reserve. If consumer price index numbers...Read More
Source: Clive Maund for Streetwise Reports 01/11/2018Technical analyst Clive Maund discusses why he believes a massive new sector bull market is about to begin in gold and silver.When you are following the markets closely day after day it can be easy to lose sight of the big picture. So with the "everything bubble" getting closer to bursting, leading to universal mess and mayhem, there could n...Read More
The family that pioneered the oil industry in America wants to expose what Exxon hid from the public about climate change.Read full newsRead More
The stage may be set for commodities to extend their stellar gains, according to Bank of China International analysts.Read full newsRead More