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
A new report by Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase fivefold by 2030 to US$15.65 billion from the current US$2.98 billion.Underpinning this growth is total magnet rare earth oxide demand, which is forecast to increase at a compound annual growth rate of 9.7%, and prices, which are projected to increase at CAGRs of 5.6% to 9.9% over the same peri...Read More
Is the gold skid over? There are encouraging signs that the answer is yes. And, that's great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago).First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 p...Read More
Earlier this week Boston Federal Reserve President Eric Rosengren showed up on a webinar for Boston College and had this to say:My view is that this acceleration in the rate of price increases is likely to prove temporary. Toilet paper and Clorox were in short supply at the outset of the pandemic, but manufacturers eventually increased supply, and those items are no longer scarce. Many of the fact...Read More
Vancouver, British Columbia - TheNewswire - April 28, 2021 - Volcanic Gold Mines Inc. (TSXV:VG) is pleased to announce that diamond drilling has co...Read full newsRead More
Affinor Growers (CSE: AFI; OTC: RSSFF) is pleased to announce it has chosen TESLA (NASDAQ: TSLA) as the alternative energy provider for the company's vertic...Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce it has receivedRead full newsRead More
Ganfeng seeks to consolidate Sonora lithium operationRead full newsRead More
VANCOUVER, BC / ACCESSWIRE / May 6, 2021 / Gold Mountain Mining Corp. ("Gold Mountain" or the "Company") (TSXV:GMTN)(OTCQB:GMTNF)(FRA:5XFA) is pleased to announce it has received its Notice of Work ("NoW") permit, allowing it to expand its 2021 exploration program at its 100% owned Elk Gold Project. The NoW permits Gold Mountain to continue chasing it's deep, high...Read More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
Australia's government could ensure projects get the funding they requireRead full newsRead More
Gold gains on further Yellen commentsRead full newsRead More
Rick Rule sits down with Ivan Bebek at the 'Robinhood, Reddit and the Rise of the Retail Investor' virtual conference in April 2021 to discuss Tier One Silve...Read full newsRead More
Rick Rule sits down with Ivan Bebek at the 'Robinhood, Reddit and the Rise of the Retail Investor' virtual conference in April 2021 to discuss Tier One Silve...Read full newsRead More
Vancouver, BC -LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, will release its first quarter 2021 financial results on Monday, May 17, 2021 after market close. Following the release, the Company will hold a conference call to discuss its performance with the investment community at 2:00 p.m. PT on the same day.Related earnings release mater...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry, is pleased to announce that its portfolio company, QVI Inc., a cannabis-infused product manufacturer located in Sonoma County, California, doing business as "The Galley", has launched its full service cannabis distribution company "Trident Distr...Read More
It was previously last above the benchmark in February 2011.It closed down 0.18% on the London Metal Exchange yesterday to $9,949/t.Nickel also gained, heading back towards $20,000/t as doubt grows about the environmental credentials of Tsingshan Group's recently-announced new technology designed to produce battery-grade metal from nickel matte.Nickel closed up 1.3% to $17,872.50/t.Trafigura's chi...Read More
Share this article VANCOUVER - Silver Elephant Mining Corp. [ELEF-TSX; SILEF-OTCQX; 1P2N-FSE] on Thursday May 6 announced indium and gallium assays from drilling at its Sunawayo Project in central Bolivia.Highlights include drill hole SWD002, which intercepted 87 g/t indium, 7.0 g/t gallium and 48 g/t silver (252 g/t silver equivalent) over 9.0 metres within a 31-metre interval averaging 119 g/t...Read More
(IDEX Online) - The Letseng mine in Lesotho, has yielded a 254 carat Type II white diamond.The deposit, owned by London-based Gem Diamonds, is the highest dollar per carat kimberlite diamond mine in the world, and last year achieved an average value of $1,908 per carat.Its highest per carat value for a white rough diamond during the year was $38,827.The new stone (pictured) is the first major find...Read More
(IDEX Online) - The price index for all sizes and intensities of fancy color diamonds rose slightly, by 0.3 per cent, in Q1 of this year, after two quarters of decline. Blues were up 0.5 per cent across the board, and pinks rose 0.4 per cent, according to the New York-based Fancy Color Research Foundation (FCRF). Yellows fell 0.2 per cent. No figures were produced for for Q1 and Q2 of 20...Read More
(IDEX Online) - A former Israeli army officer has been arrested on suspicion of stealing diamonds worth more than $600,000 from a trader.He and three fellow gang members allegedly snatched the man's bag near his home in Kiryat Ata, outside Haifa, in the north of the country.They are said to have attacked him from behind and threatened him with a gun or a knife.Police believe they'd been...Read More