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
Hundreds of demonstrators extended their protests this week outside Iran's notorious Evin Prison, demanding information about about loved ones detained -- without being charged -- since ongoing anti-government protests erupted almost two weeks ago.Read full newsRead More
Falco Resources Ltd. (TSX VENTURE: FPC) ('Falco' or the 'Company') is pleased to provide the following update on its development of the Horne 5 Project (the 'Project'), exploration and corporate activities.Read full newsRead More
In some Northeast cities, temperatures will top 60 degrees on FridayRead full newsRead More
Together with Ecuador's Ministry of Mines, Canadian Lundin Gold (TSE:LUG) officially inaugurated two tunnels at its Fruta del Norte gold-silver project, located in the southeastern province of Zamora Chinchipe. The tunnels were named Kuri, which means gold in the Indigenous language Shuar, and K'isa, which means fruit in Quechua.Following the completion of soft tunneling in December 2017, mine dev...Read More
Together with Ecuador's Ministry of Mines, Canadian Lundin Gold (TSE:LUG) officially inaugurated two tunnels at its Fruta del Norte gold-silver project, located in the southeastern province of Zamora Chinchipe. The tunnels were named Kuri, which means gold in the Indigenous language Shuar, and K'isa, which means fruit in Quechua.Following the completion of soft tunneling in December 2017, mine dev...Read More
This year may be anything but staid for the oil market as Citigroup Inc. predicts wildcards including war, Middle East tensions, Donald Trump and Kim Jong Un driving crude toward $80 a barrel.Read full newsRead More
Canada's Pancontinental Gold Corporation (TSXV: PUC), a company whose focus is on the Jefferson gold project in South Carolina, wants to expand its presence in the market for key battery metals.The Toronto-based firm announced today that it has entered into an option agreement with 2522962 Ontario Incorporated to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project, located 65...Read More
Canada's Pancontinental Gold Corporation (TSXV: PUC), a company whose focus is on the Jefferson gold project in South Carolina, wants to expand its presence in the market for key battery metals.The Toronto-based firm announced today that it has entered into an option agreement with 2522962 Ontario Incorporated to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project, located 65...Read More
Canada's Pancontinental Gold Corporation (TSXV: PUC), a company whose focus is on the Jefferson gold project in South Carolina, wants to expand its presence in the market for key battery metals.The Toronto-based firm announced today that it has entered into an option agreement with 2522962 Ontario Incorporated to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project, located 65...Read More
Stocks ended their winning streaks, finishing the day in the red, though the major market indexes settled well off their session lows. The Dow was down triple digits in early trading, amid reports that China will scale backbuying U.S. bonds. A rally in bank stocks helped the blue-chip index creep north of breakeven for a short time, but growing concerns that President Trump will pull out of the No...Read More
Deere & Company (NYSE:DE) turned in a strong annual return in 2017. However, the stock could have more fuel in the tank. Although DE stock was last seen down 0.6% at $164.54, the shares hit a record high of $168.44 earlier after receiving some bullish analyst attention, and just flashed a familiar buy signal. Deere & Co stock was upgraded to "outperform" from "sector perform" at RBC this morning,...Read More
As the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) stare down their first loss of 2018, several stocks are proving to be resilient in the risk-off session. Among them are cancer specialist Epizyme Inc (NASDAQ:EPZM), MoviePass owner Helios and Matheson Analytics Inc (NASDAQ:HMNY), and da Vinci Surgical System parent Intuitive Surgical, Inc. (NASDAQ:ISRG). Here's a quick look at what has shares...Read More
Considering how well copper futures have performed in recent months, it may not be too surprising that long copper positions are at a record high, based on the most recent Commitment of Traders (CoT) report. Meanwhile, data from Schaeffer's Senior Quantitative Analyst Rocky White shows that 95% of the stocks in our Industrial Metals and Mining sector are trading above their 80-day moving average,...Read More
Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF)reports the results of 42 Reverse Circulation (RC) drill holes completed in 2017 at the 3 Aces Project in southeastern Yukon.Read full newsRead More
The National Energy Guarantee has the potential to help policy-makers navigate from the quagmire of policy distortion to the mainstream of market selection of fuels and technologies.In particular, the Reliability Guarantee recognises the reality that industrial users (who account for 70 per cent of national electricity consumption) require affordable and reliable sources of baseload power to maint...Read More
Analysts at Longbow today opined that while Apple Inc. (NASDAQ:AAPL) suppliers Qorvo Inc (NASDAQ:QRVO) and Skyworks Solutions Inc (NASDAQ:SWKS) were strong in 2017, weak trends out of China (subscription required) will linger in the first quarter. However, while Apple is facing scrutiny about a number of issues -- its slowing of older iPhones, youth phone addiction, and iPhone X demand, to name a...Read More
Jeffrey Gundlach, the billionaire bond manager, said commodities may be one of the best investments this year as they surge during the late phase of the economic cycle.Read full newsRead More
The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries that power electric cars and mobile phones.The African nation, responsible for about two thirds of global cobalt output, has been evaluating the measure since last month, when a major revision to the 2002 Mining Code was...Read More
The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries that power electric cars and mobile phones.The African nation, responsible for about two thirds of global cobalt output, has been evaluating the measure since last month, when a major revision to the 2002 Mining Code was...Read More
The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries that power electric cars and mobile phones.The African nation, responsible for about two thirds of global cobalt output, has been evaluating the measure since last month, when a major revision to the 2002 Mining Code was...Read More