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

(IDEX Online) - BlueRock Diamonds has again been forced to suspend work at its Kareevlei mine, in Kimberley, South Africa, over breaches of the Mines Health and Safety act.The UK-based miner said most of the contraventions related to its processing plant. It did not provide details, but was adamant that they did not put workers at risk."Management is of the opinion that the instruction to suspend...Read More

Certainly Mr. Orwell hooked onto something when he wrote:"Some ideas are so stupid that only intellectuals believe them."How else can we explain the eternal prosperity - the near immortality - of stupid ideas? For example:The idea that plunging a nation into debt will raise it up into wealth...That raising the prices of life's essentials raises the general economic level...That prosperity springs...Read More

Wesdome Gold Mines (TSX: WDO) president and chief executive officer Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals. Middlemiss, who led the company for six years, has been replaced by Wesdome board chairman Warwick Morley-Jepson while the Toronto-based company searches for a replacement. Laurentian Bank said th...Read More

Operational difficulties accounted for 77% of the production shortfall. "We've had an extraordinarily eventful year.Read More

Discovery Silver's (TSX-V: DSV, OTC: DSVSF) preliminary feasibility study on its Cordero project in northern Mexico expands output by 40% while increasing construction costs by nearly a quarter compared with an earlier report. The project, located about 550 km south of the border city of El Paso, TX, is forecast to produce 33 million tonnes of silver-equivalent over an 18-year mine life for a n...Read More

The proposed 211-mile, the industrial-use-only road is needed by Trilogy Metals to advance copper exploration and development at its Ambler Mining District.Read More

(IDEX Online) - Talented Wang Xuerui beat over 1,500 jewelry designers to win first prize in HRD Antwerp's 18th Design Awards. Her piece, called Mutualistic, was described as "a stunning work that symbolizes peace at the core of its design". Judges at the Vicenzaoro boutique jewelry show, in Italy, were looking for storytelling, technical skills and the ability to translate them into the des...Read More

Equinox Gold (TSX: EQX) says its majority-owned Greenstone project in northern Ontario is more than two-thirds complete, on schedule to pour gold in next year's first half, and - most impressively - on budget.The US$1.2-billion project is being developed as a 60:40 partnership by Equinox and New York-based Orion Mine Finance Group. Greenstone, located about 100 km north of Lake Superior, is slated...Read More

(IDEX Online) - The UK miner Vast Resources says it has made encouraging progress towards the release of a parcel of 129,400 carats of rough diamonds that have been held at Zimbabwe's central bank since 2009.   It began formal proceedings at the High Court of Zimbabwe last December and said in a statement that it was "encouraged that material progress on the outcome of this legal action...Read More

With the odds now stacked largely in favor of a 0.25% interest rate hike at next week's FOMC meeting, the price of gold is positioned to move back over $2,000 an ounce by early February.According to the CME FedWatch Tool, there is now a 99.1% probability that the Fed will hike rates by 0.25%, compared with the 0.5% hike in December. That's bearish for the U.S. dollar and bullish for gold.Source: C...Read More

Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) (Read full newsRead More

PSCT is supposed to track the capped float-adjusted market-cap-weighted index consisting of the S&P 600 IT companies. Read why the ETF is a Hold.Read full newsRead More

AMETEK is a solid business that continues to grow on both its top and bottom lines. Read why I think AME stock looks quite lofty.Read full newsRead More

Munich Re offers a forward dividend yield of about 3.6% and is likely to announce a new share repurchase program soon. See why the stock is a Buy.Read full newsRead More

TaskUs provides a range of digital customer experience outsourcing and related services worldwide. See why I'm on Hold for TASK stock in the near term.Read full newsRead More

XLG is a simplified version of an S&P 500 ETF, selecting the top 50 companies and reconstituting each June. See why I don't recommend investors take a position.Read full newsRead More

BankUnited (BKU) goes into 2023 with an interesting mix of positives and negatives. Read why I don't see the upside here as being all that impressive.Read full newsRead More

Investors are counting on inflation melting away by the summer. Click here to read the reasons why inflation may come back sooner than you think.Read full newsRead More

LPX is deeply undervalued relative to trailing fundamentals, and discounted relative to forecastedRead full newsRead More

Zebra Technologies' Chief Product & Solutions Officer, Bill Burns, will become the new CEO in March. Read more to see why ZBRA stock is a buy.Read full newsRead More