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) - A bride-to-be was reunited with her engagement ring, after a diver armed with just a snorkel and an underwater metal detector found it at the bottom of a lake.The white gold and diamond ring slipped from her finger as she sat on a jetty on the shores of Windermere, the largest natural lake in England.Volunteer Angus Hosking, a freediver who regularly clears litter from the lake, of...Read More
(IDEX Online) - Lab grown company Aether says it has become the world's first diamond producer to receive vegan certification.Vegan Action now guarantees that diamonds made by the New York-based company "do not contain animal products or by-products and have not been tested on animals".Aether does not indicate in its press release what steps it took to ensure no animals were harmed in the man...Read More
A new strategic partnership and equity investment by Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) into Orefinders Resources (ORX: TSXV) and Mistango River Resources (CSE: MIS) will allow the two Canadian juniors to "unlock the full potential of their assets," says Stephen Stewart, CEO of Orefinders and chairman of Mistango.Under the proposed partnership agreement, Kirkland Lake Gold has...Read More
Dividends and share buybacks become much more critical for creating value for shareholders.Read full newsRead More
Becoming a payment facilitator, like operating a gold mine, is a complex process.Read full newsRead More
Becoming a payment facilitator, like operating a gold mine, is a complex process.Read full newsRead More
For the past 22 years, every time the stock market whimpered, wheezed or whined, the Federal Reserve rushed to soothe the spoiled crybaby. There are two consequential results of the Fed as savior:1. The Fed has perfected moral hazard: everyone from the money manager betting billions to the punters gambling their stimmy money is absolutely confident I can’t lose because the Fed will always pu...Read More
A dozen clandestine miners died when a makeshift gold mine collapsed in the north of the Democratic Republic of Congo, UN radio Okapi reported Monday.Read full newsRead More
The U.S. Senate Finance Committee advanced legislation on Wednesday that would boost electric vehicle tax credits to as much as $12,500 for EVs that are assembled by union workers in the United States.Read full newsRead More
When China's Zijin Mining paid $1 billion to buy an extensive gold mine in the Colombian Andes in late 2019, security risks were a top concern, despite an operation by the military which had beat back illegal miners.The company's pre-deal jitters were warranted: illegal extraction by wildcat miners in tunnels either within or adjoining its concession has shot up since the operation'...Read More
Junior back on a familiar road to iron ore richesRead full newsRead More
Bottlenecks at London Metal Exchange registered warehouses in Malaysia owned by metals storage firm ISTIM UK are adding to the difficulties aluminium consumers in the United States and Europe face in getting the metal they need.Read full newsRead More
Government indebtedness will see gold move higherRead full newsRead More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced its executive team will participate in two upcoming conferences:Piper Sandler 41st Annual Consumer Marketplace Conference is being held June 3-4, 2021. Management will host small group and one-on-one investor meetings throughou...Read More
The company first lodged an application to list on the ASX back in December. The company formally listed yesterday, but its CHESS depositary interests didn't trade until today.Read More
Operating profit lifted 368.6% to $104.Read More
Share this article TORONTO - Collective Mining Ltd. announced that its common shares will commence trading at the market open today on the TSX Venture Exchange ("TSXV") under the ticker symbol "CNL"."The management team and I are very excited to return to Colombia, a country with untapped mineral potential and backed by supportive governments and communities," commented Ari Sussman, Executive Cha...Read More
Look beyond market approach to project valuations: van ZylLeadershipGreat Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe company first lodged an application to list on the ASX back in December. The company formally liste...Read More
Incrementum AG sees a 45% probability of the gold price hitting a new all-time high at US$2,100 per oz. or higher as early as December 2021.Authored by Ronald Stoeferle and Mark Valek, and now in its 50th iteration, the Liechtenstein-based investment boutique's annual report entitled In Gold We Trust also argues in its base case future scenario for gold trading at US$4,800 per oz. by the end of th...Read More
A surprise win by a left-wing candidate in the first round of Peru's presidential elections has alarmed foreign investors and the mining sector. But the bigger threat could be the continuation of the political gridlock that has gripped the country since 2017.Having emerged the most popular candidate among a record field of 18 candidates, Pedro Castillo, a former primary school teacher and union le...Read More