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
Stung by the collapse of Asia's top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading, which has left creditors on the hook for billions of dollars.Read full newsRead More
(IDEX Online) - Petra has recovered a huge Type IIb blue diamond from its Cullinan mine, in south Africa.The 39.34 carat gem (pictured) is significantly larger than any of the five that formed the Letlapa Tala Collection, from the same deposit, which fetched $40.36m last November.They ranged from 27.75-cts to 9.61-cts and were bought jointly by De Beers and the South African wholesaler and manufac...Read More
(IDEX Online) - Tiffany & Co fooled some of its Instagram followers when it revealed it was introducing a bright shade of yellow as its new house color, to replace the iconic robin-egg blue.The 1 April post, simply showing a yellow box (pictured) and the message "tiffanyandco Introducing our new House color. #TiffanyYellow #TiffanyAndCo", attracted over 420,000 likes. It was, of course,...Read More
Year-on-year diamond prices for March were up 3.9 per cent, the biggest increase for over two years. They have been climbing constantly since the low point of April 2020 when they were 4.8 per cent down. The March increase was more than double the February rise of 1.9 per cent.Month-on-month prices recovered slightly, up by 0.2 per cent in March, after a slight drop in February. It follows January...Read More
Mr. Brian Deese, reigning National Economic Council Director: "Government must be a powerful force for good in the lives of Americans."Mr. Ron Reagan, 40th United States president: “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help."Today we bolt the doors, plywood the windows… and scramble for the bunker… terrif...Read More
Houston, TX - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") provides the following update on its corporate activities for the first quarter of 2021.SALES UPDATEThe Company sold 53,009 tons of frac and industrial sand during Q4 2020, compared to 49,248 tons in Q3 2020.Based on current and expected market conditions, the Company anticipates sales volumes of frac and industrial san...Read More
A resource update is underway with results expected in the second quarter.Read full newsRead More
As the world moves away from fossil fuels, battery metals are in high demand, especially with a shortage of supply from low-geopolitical risk jurisdictions. For instance, earlier this year, Canada announced its Critical Minerals List, with 31 minerals that are key to the country's economy, are available in Canada and are expected to play an important role in moving to a low-carbon future. These in...Read More
With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it's easy to overlook the ongoing war on cash.That's a mistake because it has serious implications not only for your money, but for your privacy and personal freedom, as you'll see today.Cash prevents central banks from imposing negative interest rates because if they did, people wou...Read More
Historians say people in the Dark Ages gazed at the decaying works of the fallen Roman empire (roads, aqueducts, colosseums) and were disheartened.How could citizens of the past have enjoyed such wonders while people of the present make due without them?How did society backtrack?I think that's how a lot of Americans feel. I know I do. It's hard to read about things like the construction of the H...Read More
Supply remainsRead full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
Elections herald a time of change in Latin AmericaRead full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
China will ensure its crude steel output falls in 2021 and launch a nationwide investigation into the implementation of steel capacity cuts since 2016, industry regulators said on Thursday, as the country aims to meet goals to curb emissions.Read full newsRead More
US$174B investment to power up sectorRead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) announces that Mr. Steve Blower, Vice President, Exploration has resigned, effective April 30, 2021. Tim Gabruch, President and Chief Executive Officer commented: "On behalf of the Company, I would like to thank Steve for his efforts and contribution since 2016 in his role as Vice President Exploration and wish him all the best in...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) ("Venzee" or the "Company") a smart tech platform that automates the distribution of consumer-facing product information to retailers, is pleased to announce the Company has received over $1.6M from the exercise of warrants in Q1 2021.According to Venzee Technologies COO, Peter Montross, "In addition to the $2.1M in financing closed last Decem...Read More
The "American Jobs Plan" also included a $174 billion investment "to win the EV market".Base metals closed higher, except aluminium, on the London Metal Exchange, where copper was up 0.2% to $8,787.75 per tonne.Market futures were mixed.Gold has risen back above $1,700 an ounce and was worth $1,709/oz at the time of writing.Telson Mining (TSXV: TSN) shot up in Toronto as it eyes near-term gold pro...Read More
Funding will come by reversing some of the cuts to the corporate tax rate enacted by his predecessor Donald Trump, bumping it to 28% from 21% (Trump reduced it from 35% to 21%) as well as forcingRead More