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
Nokia Remarks - Use Cases for Creating Safer, More Sustainable, Efficient and Productive MinesMarc Jadoul, Strategic Marketing Director, NokiaRead More
TMX Opening RemarksDean McPherson, Head of Business Development, TMX GroupRead More
PearTree Remarks in FrenchAlbert Labelle, Partner/Associ?(C), PearTree FinancialRead More
Markets Western Europe and developed Asian economies continued their grand reopenings with minimal effect on virus transmission at a national level; mRead full newsRead More
Remain on the sidelines in gold, copper and crude oil till UK opens. Overall gold and silver will remain firm as coronavirus is showing no mercy to the human population. USA became a Afghanistan on its Independence Day. Violence and lawlessness is rising with in USA with passing of each day. "Black Lives Matter" is no more a peaceful protest. US dollar attracts less safe haven demand with passin...Read More
Remain on the sidelines in gold, copper and crude oil till UK opens. Overall gold and silver will remain firm as coronavirus is showing no mercy to the human population. USA became a Afghanistan on its Independence Day. Violence and lawlessness is rising with in USA with passing of each day. "Black Lives Matter" is no more a peaceful protest. US dollar attracts less safe haven demand with passin...Read More
Crude production in Venezuela tumbled for a sixth straight month in June, underscoring the dismal state of the nation's oil industry as U.S. sanctions batter exports and the coronavirus pummels demand.Read full newsRead More
The copper deposits are supported by their mineralization.Read full newsRead More
Rio Silver Inc. is pleased to announce that the Company has beeRead full newsRead More
NV Gold Corporation is pleased to announce that it has signed a lRead full newsRead More
Gold exploration activity is growing in the Dominican Republic.Read full newsRead More
Many amateur investors got burned in an April price crash as some market professionals thrived, leading mutual-fund companies, traders and others to change their practices to try to prevent future collapses.Read full newsRead More
Raised geopolitical tensions over the COVID-19 blame game ahead of the US November presidential election and unprecedented government stimulus were among factors to be bullish for gold, according to Saxo Market's head of commodity strategy Ole S. Hansen."There are several reasons to believe that gold will make a move to at least $1,800/oz in 2020, followed by a fresh record high in the coming year...Read More
No details were provided on the latter outside of the company also saying it was "completing negotiations for the provision of suitable funding from Vale and the French state for bothRead More
Santander was suspended 10 days ago after 19 workers tested positive.All 298 workers on site were then quarantined and had further testing."Three individuals are currently displaying mild symptoms while all other workers are presently asymptomatic," Trevali said on Friday.Workers who tested negative and weren't required for critical tasks were being transported home."We are working with our main c...Read More
(IDEX Online ) - A Chinese jewelry firm based in Wuhan stands accused of securing loans with eighty-three tons of fake gold.Kingold Jewelry is a Nasdaq-listed company based in the city which reported the world's first cases of coronavirus.The allegation made in Caixin, a Chinese publication known for its investigative journalism, is that Kingold used copper-alloy bars with a gold leaf coating...Read More
(IDEX Online) - Dubai is expanding its lab-grown sector by welcoming Lumex to its diamond hub.Lumex was founded in 2018 by the Mehta family, owners of the Rosy Blue empire, and produces diamonds up to two carats.The Dubai Multi Commodities Centre (DMCC) is keen to grow both its mined and lab-grown sectors, with safeguards to ensure the stones remain separate.It says it is "committed to growing the...Read More
U.S. jewelers had great hope for 2020. The 2019 end-of-year November-December holiday shopping season was strong, a trend that carried over to the January-February 2020 Valentine's Day selling period, when jewelry shoppers opened their wallets for their sweethearts. Jewelry industry sales were up solidly by an estimated 7% in the first six weeks of 2020 through February 14, 2020 (...Read More
(IDEX Online) - The manager of a diamond unit in Surat, India, was arrested for allegedly breaching COVID-19 rules.Police say they found 26 employees working at a factory in the Katargam area of the city, which is in lockdown because of localized outbreak of coronavirus, according to a Times of India report.Municipal officers on a routine check reportedly found that the factory, at Gangotri Tower...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesA strike would affect the mines of state copper company Codelco, as well as BHP's Escondida and Spence, and lithium producer SQM in the Antofagasta region. AES operates power generation plants at Nueva Tocopilla and Cochrane, as well as solar power plants, which only supply mining operations."We passed a regulated negotiation two m...Read More