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
(Bloomberg) - Electric vehicles could hold the key to BHP Billiton Ltd. finally finding a buyer for its unwanted nickel operations.The world's top miner is accelerating plans to transform Nickel West in Western Australia into a linchpin of the global supply chain for electric vehicle batteries. The switch in focus promises to woo new suitors after an aborted 2014 attempt to sell the business, a su...Read More
A yuan crude futures contract could finally launch in Shanghai early this year, as the world's largest importer tries to shake up a market dominated by London and New York. A new benchmark is within reach, but clear-cut success will require the unthinkable: embracing the dollar.Read full newsRead More
[WASHINGTON] President Donald Trump said on Wednesday that the United States couldRead full newsRead More
Ford Motor Co installed software that enabled its F-250 and F-350 Super Duty trucks to cheat at passing federal emissions tests, according to a lawsuit by truck owners filed on Wednesday, a claim the No. 2 U.S. automaker described asRead full newsRead More
Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, saw 2017 sales fall to $4.3 billion, from $4.5 billion in the previous year, as the average price of its rough rocks declined.Alrosa's vice president Yury Okoemov said that despite the dip last year was a good one for the company with demand being fairly stable, and market activity in line with the seasonality and the fi...Read More
Exploring Base and Precious Metals across North AmericaRead full newsRead More
While debate rages over how much lithium the battery industry can consume, there's a more scarce mineral that has carmakers worried.Read full newsRead More
The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in nearly eight months following a report that China was ready to slow or halt its purchases of U.S. Treasuries.Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
America's trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an annual basis for the first time since at least 1957.Read full newsRead More
The Egypt-focused gold miner also expects solid growth this year. It's targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.Read full newsRead More
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 10, 2018) - Note to editors: There are three photos associated with this press release. Lundin Gold Inc. (Read full newsRead More
Barrick Gold Corp:Read full newsRead More
Includes Toll-milling and Exploration Earn-in Options for Each at McCoy-Cove and Rye ProjectsTHUNDER BAY, ON, Jan. 10, 2018 /CNW/ - PREMIER GOLD MINES LIMIT...Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
The US is expected to decide tomorrow whether to continue to waive sanctions on...Read full newsRead More
A key decision by the US president is due by Friday, and could put his country on an almost inevitable path towards more conflict in the Middle EastRead full newsRead More
Millennials are finally growing up.I'm sure you've heard the stories by now. Millennials are stunted, the experts warn. They're up to their eyeballs in student loan debt. They're having trouble finding good-paying jobs. Heck, most of them are living in their parent's basements or crappy apartments.But here's the thing: many of these generalizations aren't true at all. In fact, millennials have gro...Read More
I’ve seen Wall Street analysts make some bad calls before, but this one really takes the cake. They’re so far off base that even a major Wall Street firm is calling them out for being behind the curve.In a note to clients, Credit Suisse said the following:“Analysts have adjusted their 2018 forecasts by less than 2% for recent tax changes, a fraction of the likely impact.”...Read More
We made it through 2017.And if you look at the stock and asset markets, as Donald Trump tends to do (and as Barack Obama did, too), you'd think all is fine with the world.The Dow Jones Industrial Average rose about 24% last year. The Dow Jones U.S. Real Estate Index rose 6.20%. The price of one bitcoin rose about 1,646%.And so far 2018 has been more of the same.On the flip side of that euphoria ho...Read More