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
(IDEX Online) - Signet, the world's largest retailer of diamond jewelry is to close more than one in 10 of its 3,200 stores after reporting Q1 total operating losses of $291m.Most of its retail outlets closed during lockdown and almost two thirds have yet to re-open.It says that to emerge as a "stronger and more efficient organization" from the pandemic it will have to close more than 380 sto...Read More
(IDEX Online) - Thousands of British protestors have taken to the streets demanding the removal of a statue honoring Cecil Rhodes, founder of the De Beers diamond empire. It follows widespread Black Lives Matter protests in the wake of George Floyd's death at the hands of a police officer in the USA. On Sunday crowds in Bristol pulled down a statue of slave trader Edward Colston and threw it...Read More
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has released the results of hole 20-281 completed within the conceptual pit shell at the Porphyry zone at the company's 355-sq.-km Douay project in Quebec.The drill hole returned 164 metres of 0.86 gram gold per tonne starting at 107 metres and includes a number of higher-grade gold zones, including 75 metres of 1.23 grams gold per tonne as well as 5 met...Read More
While gold miners have been stealing the pandemic limelight as that precious metal's price has soared, copper miners have struggled with the collapse of their main markets, like China, and the closure of major production mines in places like Chile and Peru. By March 22, the base metal was trading at US$2.07 per lb., a full 80 ? off its peak in mid-January, and the lowest valuation since February 2...Read More
In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in north-central Saskatchewan, the project should begin to see results this year from the first significant work conducted there in years.In April, Rio Tinto began processing a bulk sample totalling 8,271 wet tonnes that was extracted from the Star kimbe...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSome years ago, my old firm in London, for reasons that I never quite understood, decided to sponsor a reenactment of Shackleton's ill-fated...Read More
Brazilian mining giant Vale (NYSE: VALE) has issued a level one emergency alert for three inactive tailings dams in the country's southeastern state of Minas Gerais.The miner, the world's largest iron ore producer, said the populations downstream of dams 6 and 7A at the Aguas Claras mine, at Nova Lima and the Area IX dam at the F??brica mine in Ouro Preto, did not need to be evacuated."The decisio...Read More
With a new strategy focused on diamonds that officially launched in March, just as the coronavirus pandemic began to spread across the globe, you might think that EHR Resources (ASX: EHX) had some regrets about its timing.But you would be wrong.EHR managing director Peter Ravenscroft says the idea behind the company's new strategy - to create a "diamond project incubator" with a portfolio of selec...Read More
You know the video promotions we send out? The ones that sell our premium research letters? Of course you do. They always cite the biggest gains possible for whatever sector is being discussed. All publishers do it. But some do it differently than others.Take technology promos, for example. They tell you it'll be like getting into Microsoft when Bill Gates still ran it out of his garage. Or i...Read More
Now every time 210,000 blocks are cleared, Vijay says, the value halves. So, after the first 210,000 blocks, it became 25 bitcoins; at 420,000 it became 12.5, and now at 6,30,000 it is 6.25.Read full newsRead More
June is busting out all over, so it's a good time to check out some compelling gold stocks.Read full newsRead More
There will be short covering in gold if it rises today and till Thursday. In my view, most people are waiting to buy gold @1650. If gold prices manages to trade over $1700 till Thursday, then laggards will start to invest and gold price could be easily break past $1800. Bond yields, stocks and commodities can all rise at the same time. Free money supply is the key reason. Positive economic growt...Read More
There will be short covering in gold if it rises today and till Thursday. In my view, most people are waiting to buy gold @1650. If gold prices manages to trade over $1700 till Thursday, then laggards will start to invest and gold price could be easily break past $1800. Bond yields, stocks and commodities can all rise at the same time. Free money supply is the key reason. Positive economic growt...Read More
Northstar Gold Corp. announces a multi-faceted, $350,000 ground gRead full newsRead More
The Nasdaq broke above 10,000 for the first timeThe Nasdaq rallied to another record high today, and briefly broke above the 10,000 level for the first time ever. The index's rise was bolstered by traders that loaded up on big technology names, particularly FAANG stocks Amazon.com (AMZN) and Apple (AAPL), both of which notched record highs. Despite this impressive news, the Dow slid today, ending...Read More
FireFox Gold Corp. is pleased to provide an update on its 2020 exRead full newsRead More
Precipitate Gold Corp. is pleased to announce it has commenced exRead full newsRead More
Adamera Minerals Corp. Adamera is expanding its 100% owned land hRead full newsRead More
Talisker Resources Ltd. is pleased to announce results from holesRead full newsRead More
Toronto, Ontario--(Newsfile Corp. - June 9, 2020) - Fenixoro Gold Corp (CSE: FENX) has recently mobilized a geophysical crew to...Read full newsRead More