Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Gold has been poweringhigher on balance for a couple months now, surging to major breakouts. That upside momentum is improving sentiment,with traders growing more bullish on gold’s potential. That is well-placed, as this upleg remainsyoung. Major gold uplegs are three-stageevents, each having distinct drivers. The first and smallest stage isn’t even finished yet,...Read More
(IDEX Online) - Alrosa says it expects to find more diamonds in Yakutia and beyond, which could take total reserves to an estimated 1.1bn carats.It also says rough production for 2022 is expected to total 35.5m carats, an increase on earlier forecasts of 34.3m.Russia's state-controlled miner, currently sanctioned by the US, says the most promising new territories are the north of Yakutia, in...Read More
(Updates prices, adds Port Pirie ramp up) By Pratima Desai LONDON, Dec 28 (Reuters) - Copper prices hit a two-weekpeak on Wednesday as top consumer China's easing of COVIDrestrictions spurred buying, but recession risks andexpectations of weaker demand capped gains. Benchmark copper on the London Metal Exchange (LME)was up 1.1% at $8,444 a tonne at 1705 GMT after touching itshighest since Dec. 14...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Boeing added $0.36 to $189.76 after BOC Aviation ordered 40 Boeing 737 Max aircraft.Generac advanced $0.52 to $91.67 after Janney initiated coverage with a Buy rating and a target of $160.Costco gained $0.20 to $458.70 after Cowen upgraded the stock to Top Pick. Home Depot slipped $0.25 to...Read More
First Quantum Minerals (TSX: FM) says production is continuing normally at its giant copper mine in Panama after the head of the Canadian miner flew down to restart talks with the government this week while a care and maintenance deadline looms. Panama President Laurentino Cortizo has given the miner until Jan. 6 to mothball the Cobre Panama copper mine unless talks begun again this week under a...Read More
Anglo American (LON: AAL) wants to reuse water in a pipeline hundreds of kilometres long used to transport iron ore from its Minas Rio operation in Brazil in what could be the country's largest conservation project of its kind. The 529-km pipeline running east from Concei????o do Mato Dentro municipality in southeastern Brazil to the port at S??o Jo??o da Barra may carry as much as 0.3 cubic metr...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence.Projects in Australia and Canada led drilling results for the period of Dec. 16 - 22.Red 5 (ASX: RED) earned the week's top grade x width at its Darlot project in the Yilgarn area 850 km northeast of Perth, Australia....Read More
Following a difficult and unpredictable year full of uncertainty, 2022 ends with a heightened sensitivity to risk. To discuss what lies ahead for miners in 2023, The Northern Miner spoke in mid-December with Matthew Bey, Senior Global analyst for the risk intelligence company RANE. The Northern Miner: This year has seen multiple crises, both geopolitical and economic - some call it a 'polycrisis....Read More
As we end off 2022, The Northern Miner takes a look at the top 10 most-clicked stories on our website from Jan. 1 to Dec. 15. No. 1: Canada's Top Ten precious metals juniors By Northern Miner Staff (Jul. 7, 2022) Our most-read story of the year ranked the Top Ten Canadian-headquartered precious metals juniors according to market capitalization as of Jun. 7, 2022. The list of companies with pr...Read More
This week's episode features Lucara Diamond president and CEO Eira Thomas in conversation with Northern Miner podcast host Adrian Pocobelli at the Canadian Mining Symposium in London, England. Eira discussed the latest developments in the diamond market, including the growing importance of ESG and provenance in the diamond industry and how the war in Ukraine has changed the diamond industry.All th...Read More
My father doesn't want anyone to know what he does for work.He's not embarrassed; there's nothing embarrassing about the job.He doesn't work for the government. His job doesn't involve keeping secrets.And there's nothing illegal about his work. I wouldn't be writing about it if there were.If you asked him, he'd tell you he has a "construction job," but that's only half of the truth.What he wants t...Read More
In 2007, I made a prediction about electric vehicles that didn't pan out.That prediction?In 15 years, global sales for electric vehicles would hit 1 million.Boy, was I way off base on that one.Global EV sales actually hit 1 million a lot sooner than I expected.It was in 2016 that the global EV market hit the 1 million mark. Four years later, in 2020, we hit the 10 million mark. And here's where it...Read More
Stock Pulse, Released on 12/29/2200:00 - Intro and Teaser02:00 - How to follow Tavi Costa and Crescat Capital - www.crescat.net02:58 - How Tavi Costa got started in the precious metals sector05:57 - Inflation waves10:28 - What do you think the upcoming recession will look like?14:23 - Energy and deflation17:25 - Gold and silver miners: debt deductions24:51 - Gold and silver miners: net acquisition...Read More
Liberty and Finance, Released on 12/28/22The BRICS nations are giving up on the West and the debt-based financial system. They are developing a new reserve currency, and our guest today believes its going to be a resource-based system. A huge crash is coming in the financial markets and debt-based system, says Bob Moriarty, marine, naval aviator, and financial author. He forecasts that 2023 is goi...Read More
Doug Casey's Take, Released on 12/28/22Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and techn...Read More
TD Ameritrade Network, Released on 12/24/22It's getting late in the day historically, interest rates are rising because of inflation, says Jim Rogers. He discusses how the markets are little changed after durable goods and PCE data. He also talks about the expectations for markets in 2023. He notes that higher rates are not usually good for the markets, and we could see one last big rally in 2023....Read More
Kitco News, Released on 12/28/22Gary Wagner, Editor of TheGoldForecast.com, discusses his gold price outlook for 2023 with David Lin, Anchor for Kitco News.0:00 - Gold price performance in 20224:50 - Inflation expectations7:27 - Costs of debt12:30 - Gold price technicals16:52 - 2023 gold price17:37 - Gold vs. geopolitical risks19:10 - Gold vs. stocks22:20 - Gold vs. inflation23:37 - Gary Wagner's...Read More
Palisades Gold Radio, Released on 12/29/22Lawrence discusses the changing investing landscape as it relates to the Federal Reserve's continuing debasement of the currency and its three mandates of inflation, labor, and financial stability. He notes that the debt situation is becoming increasingly dire, with the interest on the debt doubling in just a few years, the deficit now over two trillion, w...Read More
Jay Taylor Media, Released on 12/28/22Daniel Lacalle believes that the Fed and other Central Banks will choose recession over inflation in order to preserve capital and keep the dollar as the world's reserve currency.Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of...Read More
Goldseek, Released on 12/29/22Mr. Bob Hoye wishes listeners Season's Greetings (chartsandmarkets.com) then discusses the post-bubble contraction weighting heavily on the global financial markets.The US Greenback continues to climb along with gold and silver, an atypical trend that could persist.The US bear market could continue for another 1-2 years, resulting with a peak-to-trough of up to 50%.Bo...Read More