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
Saudi Arabia has threatened to ignite an oil-price war unless fellow OPEC members make up for their failure to abide by the cartel's recent production cuts.Read full newsRead More
America's biggest oil companies are coming under increasing pressure from climate-conscious investors.Read full newsRead More
Welcome to the INN Covid-19 Investor Survey, June 2020 We will be randomly selecting 10 participants to receive US$100 Amazon gift cards. Please feel freeRead full newsRead More
Montr?(C)al, Qu?(C)bec - June 30, 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) is pleased to announce that Marc Seelenfreund, CEO, has the following public address to make.Dear Fellow Shareholders,As the global COVID-19 pandemic continues to evolve, we want to address the current situation as well as discuss how our company has transformed itself over the past year. First and for...Read More
Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") announces it has filed its Q1 2020 financials and will be hosting an investor conference call on Thursday, July 2nd at 9:00 AM EDT (6:00 AM PDT) to discuss these results followed by a Q&A for investors.Q1 2020 Highlights:Top line revenue of $3.06M in Q1 2020, a slight increase over Q1 2019 of $3.03MGross margins...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that mobilization of drilling equipment to the Hughes Property is in progress. Additionally, the Company has filed an independent Technical Report for the Hughes Property on SEDAR.Drill Program Update:Drill Mobilization Underway: The Company is currently mobilizing one reverse-...Read More
Nat gas prices surge on hot weather model guidanceRead full newsRead More
Chevron works to meet the world's growing demand for energy by exploring for oil and natural gas; refining and marketing gasoline; producing chemicals and more.Read full newsRead More
The S&P 500 finished the June quarter strongly, closing up 1.54% yesterday to mark its best quarter in more than 20 years.Coming off a drop of 20% in the first quarter, the biggest quarterly decline since the financial crisis in the fourth quarter of 2008, the S&P rallied more than 19.95% to notch its biggest quarterly gain since 1998 which was at the height of the tech boom, Reuters repor...Read More
The unsecured two-year facility adds to a current $4 billion credit facility and $2.5 billion QB2 project financing facility.Teck said it would use the net proceeds of a $550 million debt offering to repurchase its notes worth $255.1 million due in 2021, 2022 and 2023 in a tender offer. The remaining net proceeds will be used to reduce amounts outstanding on the $4 billion credit facility.Teck has...Read More
The company describes its project as in the Bullfrog mine area, where Barrick Gold had produced 2.3 million ounces between 1989-1999, and said its claims included the northern third of the Bullfrog deposit."The new holes along with existing holes in the MH [Mystery Hill] area now provide much closer hole spacings that better define all resource classifications within a potential expansion of the B...Read More
McIntosh has been Rio's group executive of growth & innovation and health, safety & and environment since 2016.He joined Rio as an exploration geophysicist in 1987 and led the exploration team from 2011 to 2016, joining the executive committee in 2016.McIntosh has been the most public member of Rio's senior leadership team, regularly giving interviews and speaking at industry events.Most r...Read More
The Toronto-based company reduced full-year opex per ounce and all-in sustaining costs to between US$410-$430/oz and $790-$810/oz, respectively, from the previous guidance of $450-$470/oz andRead More
(IDEX Online) - Alrosa has resumed operations at its International underground mine, a week after a dozen workers tested positive for COVID-19.The mine (pictured), close to the town of Mirny, in the subarctic Russian republic of Sakha, yields some of the world's highest diamond grades, and produced 2.2 million carats in 2019.All staff have now been tested. Those awaiting results have be...Read More
(IDEX Online) - A 28.86-carat type IIa D-color diamond has sold for $2.1m, a world record high price for an online-only auction.Christie's say the near-flawless, VVS1-clarity emerald-cut stone (pictured) just exceeded a high estimate of $2m, attracting 31 bids during the two-week sale, which ended yesterday.The diamond's estimate in the Jewels Online sale was $1m to $2m."The sale of this...Read More
(IDEX Online) - India's biggest show for the jewelry trade has been postponed from August to January 2021 because of COVID-19.The India International Jewellery Show (IIJS) Premiere typically attracts 40,000 visitors and over 1,300 exhibitors.Organizers GJEPC (Gem and Jewellery Export Promotion Council) are hoping lockdowns and travel restrictions will be over by then.The show, which had been...Read More
(IDEX Online) - Polished diamond prices showed very little movement in June, significantly less than May. There was a scattering of modest increases and decreases among sporadic colors and clarities, but not enough to draw firm conclusions about where the market is heading. Rounds showed marginally more activity than fancies and overall movement was up rather than down, but only jus...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company completed a strategic and structural review to ensure it was prepared for the transition into an international, multi-mine producer.Read More
Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesWell the doors have been flung open - we await the result.Read More
The number of positive cases has grown to 2,328, up from about 1,000 two weeks ago.The number of cases globally has risen well above 10 million and deaths above 500,000 as the global pandemic continues.The council said yesterday of the industry's 424,275 employees, 286,624 had been screened and 19,026 tested, with 871 tests pending.It said the mining test rate was 4.48%, above the country's 2.69%...Read More