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
Publisher's Note: Our gold recommendations around here are starting to take off in a big way. Some, like these here, have doubled or tripled over the past month.As the gold price continues at seven-year highs, many companies are now being re-rated higher. Especially those with established resources - Tier 2 resources - in safe jurisdictions.Revival Gold is one such company that Gerardo and I have...Read More
Toronto, Ontario--(Newsfile Corp. - May 29, 2020) - FenixOro Gold Corp. (CSE: FENX) is pleased to announce the formal commencement of...Read full newsRead More
Bogoso (W/R), May 29, GNA - Gold Fields Damang Mine has presented Personal Protective Equipment (PPE) worth over $ 108,000 to the Prestea Huni-Valley Municipal Assembly (PHMA) in the Western Region to aid in combating the COVID-19 pandemic. The items donated comprised of 41 non-contact thermometers, 21,450 pairs of gloves, 15, 670 pieces of pocket-size alcoholic-based hand sanitizers, 754 large bo...Read More
Small-scale gold mining using mercury in the Peruvian Amazon threatens the health of communities 100 miles or more downstream, according to new research.Read full newsRead More
TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.Read full newsRead More
(IDEX Online) - India's diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a two per cent online sales tax. The so-called Equalization Levy will be applied to all sales made by any foreign e-commerce operator - including suppliers of rough or polished diamonds - to any resident or business in India. The government is keen...Read More
(IDEX Online) - De Beers aims to hold Sights outside Botswana until travel restrictions brought in to counter COVID-19 are eased. Its third Sight of the year, in March, was canceled and the fourth, in May, was virtually wiped out by travel restrictions. The next is scheduled for 15 to 19 June in Gabarone, the country's capital. But De Beers is in talks with Botswana's government to relo...Read More
Canada's prolific geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects. A fall in the value of the Canadian dollar over the past few years, coupled with a recent upswing in the gold price, make gold mining in the country particularly appealing at this time. Below, we present eight companies w...Read More
The Dow Jones Industrial Average rose 3.75% to 25,383.11, and the S&P 500 increased 3.01% to 3,044.31. Spot gold fell US$4.00 per oz., or 0.23%, to finish the trading week at US$1,728.70 per ounce.Vale's shares climbed US78 ? (8.7%) to US$9.76. A judge in the Brazilian state of Minas Gerais partially granted an injunction sought by prosecutors and ordered the company to set aside 7.9 billion reais...Read More
The S&P/TSX Composite Index rose 1.87% to 15,192.80 during the May 25-29 trading week. The S&P/TSX Global Mining Index fell 2.49% to 86.50 and the S&P/TSX Global Base Metals Index climbed 2.20% to 83.35. Spot gold dropped US$4.00 oz., or 0.23%, to finish at US$1,728.70 per oz. and the S&P/TSX Global Gold Index fell 6.57% to 328.61.Shares of Endeavour Mining rose 96 ? to $33.18. The company announc...Read More
Thanks to the return of gold sentiment, leveraged ETFs like JNUG are suddenly on investors' radar. But before taking a bite, make sure you understand what you're really buying.More From InvestorPlace Top Stock Picker Reveals His Next 1,000% Winner America's Richest ZIP Code Holds Shocking Secret #1 Under-the-Radar 5G Stock to Buy Now The 1 Stock All Retirees Must OwnRead full newsRead More
Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) announces that due to the COVID-19 pandemic, the Company intends to postpone the filing of the unaudited interim financial statements with respect to predecessor entities 1182533 B.C. Ltd. and subsidiary LDRLY (Technologies) Inc. ("LDRLY") for their respective interim periods ended March 31, 2020 (collectively the "RTO Q1 Filings"), which were origin...Read More
Publisher's Note: Today we're bringing you an excerpt from an Interim Wealth Bulletin from The Dines Letter.Market news is moving fast and it is hard to find quality, clear-headed analysis out there. Thankfully, we can turn to Mr. Dines for his take on a wide range of topics from precious metals to pot stocks, and so much more. Read on for Mr. Dines' latest update.Call it like you see it,Nick Hod...Read More
With M&A activity in the gold space seemingly set to continue, will major miners make smart decisions on what they buy? When asked if he thinks they've learn...Read full newsRead More
Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More
Last day of the month. Just trade in the technical. Trump and China news will affect markets today. Economy will be on focus from next week. Nations have started opening from May month. Next week will tell us whether over optimism has been factored in by current stock rise and crude oil. Silver and copper are bullish. Nickel will break free from the recent consolidation phase and form a new rang...Read More
Last day of the month. Just trade in the technical. Trump and China news will affect markets today. Economy will be on focus from next week. Nations have started opening from May month. Next week will tell us whether over optimism has been factored in by current stock rise and crude oil. Silver and copper are bullish. Nickel will break free from the recent consolidation phase and form a new rang...Read More
The European Commission presented on May 27 a revamped long-term EU budget and a ?,?1.85 trillion recovery plan, noting that it provides the instruments to build a modern, clean and healthy economy, which secures the livelihoods of the next generation.The Commission is proposing to create a new reRead full newsRead More