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
CNN Health recently issued an article titled: Prominent scientists have bad news for the White House about coronavirus antibody testsAccording to the article, "Antibody tests - also known as serology tests - aren't meant to diagnose active coronavirus infections. Rather, they check for proteins in the immune system, known as antibodies, through a blood sample. Their presence means a person was...Read More
Netflix's earnings report toppled estimates thanks to huge streaming numbersDow Jones Industrial Average (DJI) futures are signaling a rally this morning, taking cues from stabilizing oil prices. With the May contract now expired, June-dated crude futures have come off their 21-year low of $6.50, and were last seen at $11.25 per barrel. There's also optimism out of Washington D.C., after Congress...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a Software as a Service (SaaS) platform focused on the $30T USD retail supply chain market*, is pleased to announce it has begun integration with three new global channel partners. Following completion of technical integration with Venzee through its advanced Application Programming Interface (API), these new ch...Read More
Breaking down the best and worst stocks since the S&P 500's all-time-high in February It's now been over two months since the S&P 500 Index (SPX) hit its last all-time high, and to say stocks have been on a wild ride ever since is an understatement. This week, however, I'm focusing on individual stocks. Below, I listed the best and worst stocks by their return since that February top, as well as a...Read More
The VIX may have settled on new support last weekAs we know, the CBOE Volatility Index (VIX), or the stock market's "fear gauge," is one of the most widely tracked gauges of U.S. stock-market volatility. This volatility index, as compiled by the Chicago Board Options Exchange (CBOE), is meant to reflect investors' expectations for short-term (30-day) volatility in the stock market. It accomplishes...Read More
Resolute Mining Ltd:Read full newsRead More
West Texas Intermediate crude for June delivery was worth US$13.93 a barrel, Bloomberg reported, following oil for May delivery plunging into negative territory this week as a worldwide slump in demand has led to a lack of storage space.The Economist Intelligence Unit energy lead analyst Peter Kiernan said price pressure would continue in the coming months "as storage rapidly builds up and the glo...Read More
The deposit has a total resource of 1.42 billion tonnes at 5.Read More
(IDEX Online) - India's government should halt imports of rough diamonds to help its cutters and polishers recover from the COVID-19 crisis, says industry veteran Chaim Even-Zohar.In an exclusive and far-reaching Memo for IDEX Online he proposes a three-month moratorium to help over-stocked producers stuck in the "uncomfortable mid-stream" to shift existing inventories totalling up to $...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe US Bureau of Land Management released the EIA at the end of March for a road to connect the project area to the existing Dalton highway, the main road that traverses the state.Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesAntofagasta said measures taken to counter the threat of the pandemic meant total production for the year would be "towards the lower end" of its guidance range of 725,000-750,000 tonnes "assuming ourRead More
Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine in Kirkland Lake, Ontario.These results expand the South Mine Complex (SMC) by at least 75 metres to the east of the current resource limits, and suggest a new corridor of high-grade mineralization at depth along the prospec...Read More
Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC Minerals (TSX: RNX).Now the mining executive believes he's onto the next big nickel project in Canada with Crawford - a large tonnage nickel-cobalt sulphide discovery, 20 km north of Glencore's enormous Kidd Cr...Read More
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not be enough to stop climate change.The forecast drop comes as transportation and industrial energy production has come almost to a halt globally, and it would be the biggest annual decline since World War II.In the pa...Read More
"Are you putting money into oil right now?"That was the question that came through my friend group text yesterday. "Ain't nobody driving or flying yet," I replied. But what I should have said was: What time frame are we talking about?If you want to trade oil intraday or for a one-day bounce after that historic sell-off it just had - be my guest. That's not really what I do. And of course, you c...Read More
Amex Exploration Inc. (TSXV:AMX, FRA:MX0, OTCQX:AMXEF) CEO Victor Cantore was recently featured in a video interview.Read full newsRead More
Gold and silver should rise after crude oil bust up. First casualty of the crude oil bust as Singapore Police probe Hin Leong After $800 Million Oil Losses. There will be more. I remember in 2009 during the natural gas price bust, a lot of hedge funds vanished. Red Kite and copper everyone one remembers. There will be a lot energy traders who have been busted. Large hedge funds and state backed...Read More
Gold and silver should rise after crude oil bust up. First casualty of the crude oil bust as Singapore Police probe Hin Leong After $800 Million Oil Losses. There will be more. I remember in 2009 during the natural gas price bust, a lot of hedge funds vanished. Red Kite and copper everyone one remembers. There will be a lot energy traders who have been busted. Large hedge funds and state backed...Read More
Harmony Gold Mining Company Ltd :Read full newsRead More
Group Ten Metals Reports Wide, Continuous Palladium, Platinum, Gold, Nickel, Copper, and Cobalt Mineralization Starting from Surface at the Chrome Mountain T...Read full newsRead More