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
An example of a typical high-grade silver-cobalt vein from the Cobalt Camp in northeastern Ontario. Photo by Ellsworth Dickson.Cruz Cobalt Corp. [CUZ-TSXV, BKTPF-OTC, A2DMG8-FSE] said it has secured the services of Precision GeoSurveys to conduct the airborne work program over Cruz's British Columbia cobalt properties. The airborne survey is the first of several work programs that are being form...Read More
Newstrike Resources Ltd. (TSXV:HIP) is attempting to merge with CanniMed Therapeutics, which is being pursued by Aurora CannabisSmallCapPower | January 8, 2018: Newstrike Resources Ltd. (TSXV:HIP), a Canadian marijuana stock, climbed 40% to $1.51 on Friday after announcing that it has received approval from Health Canada to sell cannabis in dried marijuana form. The Company had received its cultiv...Read More
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Over 30,000 people had their electronic devices searched without probable cause or a warrant by Customs and Border Protection in 2017. This is a 50% increase from 2016.Most of the searches took place at airports when travelers were leaving the country. And 80% of those searched were not American citizens.I happen to think anyone on American soil deserves every protection under the Bill of Rights....Read More
Full Article: Best of the Year: Top 5 Frank Talk Posts of 2017By: Frank HolmesAs we begin a New Year, I want to share with you the five most popular Frank Talk posts of 2017. One common theme you'll see in these posts is they all center on the topic of gold. Although we specialize in educating investors about gold and managing gold funds, it's worth noting that our gold posts garnered more intere...Read More
Lucapa Diamond Company Limited and its partners have announced the recovery of more large diamonds from the Lulo Diamond Project in Angola. The latest recoveries include diamonds weighing 103 carats and 83 carats (pictured), both of which were recovered from Mining Block 8. "The 103-carat light brown diamond and 83-carat Type IIa diamond continue to evidence the special nature and p...Read More
JOHANNESBURG (miningweekly.com) – LSE-listed Gem Diamonds has recovered two large high-quality D-colour, type IIa diamonds from its 70%-owned Letšeng mine in Lesotho.The recovered diamonds include a 117 ct and a 110 ct diamond.AdvertisementLetšeng is the highest dollar per carat kimberlite diamond mine in the world.To watch Creamer Media's latest video reports, click...Read More
(IDEX Online) - Gem Diamonds Limited has recovered two large high-quality D color Type IIa diamonds from the Let??eng mine in Lesotho. The diamonds weigh 110 and 117 carats, respectively, the company said in a brief statement, adding that Let??eng is the highest dollar per carat kimberlite diamond mine in the world. Read More
JOHANNESBURG (miningweekly.com) – The Lulo diamond mine is continuing to yield large diamonds, with Lucapa Diamond Company reporting on Monday that it had recovered its ninth 100-ct-plus diamond at the Angola mine.The ASX-listed company, which mines Lulo with partners Endiama and Rosas and Petalas, reported the discovery of a 103 ct light brown diamond and an 83 ct Type IIa diamond.Advertise...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Nonferrous metals traded lower today except for the slight rise in zinc price. While lead was stable, aluminium and copper dropped close to 1%. Nickel and tin also edged down. Ferrous metals saw a rather strong movement today. Iron ore and coking coal rose almost 3%, while coke, hot-rolled coil and rebar rose nearly 1%.Copper: We see room for SHFE copper prices to...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Nonferrous metals traded lower today except for the slight rise in zinc price. While lead was stable, aluminium and copper dropped close to 1%. Nickel and tin also edged down. Ferrous metals saw a rather strong movement today. Iron ore and coking coal rose almost 3%, while coke, hot-rolled coil and rebar rose nearly 1%.Copper: We see room for SHFE copper prices to...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Nonferrous metals traded lower today except for the slight rise in zinc price. While lead was stable, aluminium and copper dropped close to 1%. Nickel and tin also edged down. Ferrous metals saw a rather strong movement today. Iron ore and coking coal rose almost 3%, while coke, hot-rolled coil and rebar rose nearly 1%.Copper: We see room for SHFE copper prices to...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Copper: LME copper fell below the 10-day moving average and is expected to stay soft at $7,090-7,140/mt today with support at $7,000/mt. The SHFE 1803 copper is expected to trade at 54,300-54,800 yuan/mt. Spot prices are expected at 20 yuan/mt discount to 30 yuan/mt premiums today.Aluminium: The support of the 10-day moving averages became weaker for LME aluminium...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Copper: LME copper fell below the 10-day moving average and is expected to stay soft at $7,090-7,140/mt today with support at $7,000/mt. The SHFE 1803 copper is expected to trade at 54,300-54,800 yuan/mt. Spot prices are expected at 20 yuan/mt discount to 30 yuan/mt premiums today.Aluminium: The support of the 10-day moving averages became weaker for LME aluminium...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ? SMM believes LME zinc prices are likely to trade higher as the metal started 2018 with a new 10-year high at $3,375/mt. We see support from both the macro level and fundamentals.US dollar is set to stay soft in the short term despite the interest rates increases in 2017. Uncertainty over the real effect on the economy from the country’s tax reform and stronger EU...Read More
SHANGHAI, Jan 8 (SMM)? 1/4 ?Copper: LME copper fell below the 10-day moving average and is expected to stay soft at $7,090-7,140/mt today with support at $7,000/mt. The SHFE 1803 copper is expected to trade at 54,300-54,800 yuan/mt. Spot prices are expected at 20 yuan/mt discount to 30 yuan/mt premiums today.Aluminium: The support of the 10-day moving averages became weaker for LME aluminium...Read More
Palisade ResearchJanuary 8, 2018 Category: ResearchIndia’s government just shocked the automobile and commodity marketplace.They made the ambitious move in declaring that by 2030, all vehicles sold will be Electric Vehicles (EV’s). The papers finalizing the policy could be signed by year end. . . “The government has declared that India – set to be the world's third largest...Read More
Published on: Jan 8, 2018 | by finfeedCastillo Copper (ASX:CCZ), an ASX-listed base metal junior focusing on copper, cobalt, zinc and nickel, has announced the unexpected discovery of five geological anomalies at its Cangai Copper Mine following electromagnetic surveying.The EM results indicate there are potentially significant, highly mineralised sulphides within the areas identified, and could a...Read More
Canada's Cruz Cobalt (TSX-V:CUZ) plans to go all in at its projects in North America in 2018, particularly at its three British Columbia-based properties, as the junior miner bets on the growing demand for ethically sourced cobalt, a key ingredient in the batteries used in electric vehicles."We plan to be active on all of our Canadian and US cobalt projects in 2018," the company's president James...Read More
Diamond miners have started the year off on the right foot as two Africa-focused producers announced Monday the recovery of three huge diamonds, each bigger than 100 carats.Gem Diamonds' (LON:GEMD) unearthed a 117-carat and a 110-carat D color Type IIa diamonds at its flagship Let??eng mine in Lesotho, bringing the number of 100-carat-plus stones the company has found at the operation since ea...Read More