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

The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the U.S. Labor Department released its worst jobs report in 11 years. In the month of March, 701,000 people lost their jobs, sending the country's unemployment rate to 4.4%, up from 3.5% in February, which the Wall Street J...Read More

The $100-$200 daily moves in the gold price are here and appear to be here for good. Interest in gold miners is surging upward.The combination of unlimited legal counterfeiting by central banks around the globe, mixed with refiners shutting down at a time of high demand is creating dislocations in the gold space that may prove incredibly consequential.Spreads between bid/ask in the spot market are...Read More

Alamos Gold Inc. (TSX:AGI; NYSE:AGI) ("Alamos" or the "Company") today announced that it will be suspending operations at its Mulatos mine until April 30, 2020 and extending the suspension of operations at Island Gold for an additional two-week period.The temporary suspension of operations at MulatosRead full newsRead More

The IDEX Polished Diamond Price Index slid 1.6% in March as coronavirus effectively brought trading to a standstill. The previous month had seen an overall drop of 1.27%, also impacted by Covid-19.  During the first half of March there was a steady decline, followed by some fluctuations which saw prices bottom on the 25th, followed by a slight rally.IDEX Online members please click here for t...Read More

(IDEX Online) - The American Gem Society (AGS) is to hold its first virtual Conclave after coronavirus forced the cancelation of the actual event in Denver, Colorado.It will feature up to eight hours of online education over two days, April 27-28, plus a social event -  a video dance party.  The virtual Conclave will be free to AGS members.The annual education, social and networking even...Read More

(IDEX Online) - The CEO of Russian mining giant Alrosa has sold half his stake in the company and donated the proceeds to fighting coronavirus. The sale of Sergey Ivanov's shares raised RUB18.5m ($240,000) and will help counter the spread of Covid-19 in the Siberian town of Mirny. Most of the town's 35,000 residents work for Alrosa, the state-owned mining company which is the world'...Read More

(IDEX Online) - The sister of former De Beers diamond boss Nicky Oppenheimer has matched his billion-rand ($52m) donation to South Africa's coronavirus battle.Mary Oppenheimer's money will help the Solidarity Fund diagnose, treat and support those with Covid-19.In a joint statement with her daughters, she said: "We join all South Africans in expressing our profound hope that, together, w...Read More

(IDEX Online) -  A British jeweler died in hospital 12 days after he was diagnosed with coronavirus. Tributes have been paid to father-of-two Kelly Dunning, 48, who ran a family-owned jewelry store in Kings Langley, Hertfordshire, 20 miles from London. He suffered no underlying health issues and had boxing sessions twice a week with his personal trainer.He was rushed to hospital by...Read More

Precious metals are thriving on the current economic upheaval.Read full newsRead More

Precious metals are thriving on the current economic upheaval.Read full newsRead More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

April 01, 2020 (ACCESSWIRE via COMTEX) --CORAL GABLES, FL / ACCESSWIRE / April 1, 2020 / The top website for all things gold stocks, GoldStocks.com just...Read full newsRead More

In its recent annual mineral reserve and resource update, mid-tier copper producer Hudbay Minerals (TSX: HBM; NYSE: HBM) provided some market optimism in the form of a major boost in gold at its Lalor mine within the Snow Lake Mining complex in northern Manitoba.Last year, the company announced initial results from its Snow Lake gold strategy, which sees its Lalor copper-zinc-gold mine transition...Read More

The S&P/TSX Composite Index rose 1.98%, or 250.56 points, to finish the trading week at 12,938.30. The S&P/TSX Global Mining Index rose 3.61% to 66.80, while the S&P/TSX Global Base Metals Index rose 0.78% to 63.72. Spot gold finished at US$1,621.00 per oz., for a weekly drop of US$7.00 per oz. drop, or 0.43%, and the S&P/TSX Global Gold Index climbed 4.80% to 253.90.Shares of Agnico Eagle Mines w...Read More

The Dow Jones Industrial Average fell 2.70%, or 584.25 points, to 21,052.53 and the S&P 500 dropped 2.08%, or 52.82 points, to 2,488.65. Spot gold fell finished the week at US$1,621 per oz., a 0.43% decrease.Shares of Consol Energy rose US$1.90 to US$6.93 per share. The company reported on March 30 that two employees at its Bailey underground mine in Pennsylvania had recently tested positive for C...Read More

Gold, silver and copper are bullish. Crude oil is bullish. But some weekend correction can be there. At the moment rise in crude oil is short covering. If crude oil manages to trade over $23.00 till Tuesday, then chances of a long term bottom formation will be very high. A lot of people are worried as to what will happen to gold and silver after the release of today's US March nonfarm payrolls?...Read More

Gold, silver and copper are bullish. Crude oil is bullish. But some weekend correction can be there. At the moment rise in crude oil is short covering. If crude oil manages to trade over $23.00 till Tuesday, then chances of a long term bottom formation will be very high. A lot of people are worried as to what will happen to gold and silver after the release of today's US March nonfarm payrolls?...Read More

Kirkland Lake Gold Ltd (TSX:KL)(NYSE:KL) is one of the best gold stocks in history. It's a perfect buy during the market crash. The post This Gold Stock Can Protect You From the Market Crash appeared first on The Motley Fool Canada.Read full newsRead More

Weak payrolls data sent stocks spiraling todayThe Dow closed down 360 points, continuing its losses from midday, lead by more than 4% drops by American Express (AXP), United Health (UTX), and newly merged United Technologies and Raytheon's, Raytheon Technologies (now trading under RTX). A substantial surge in coronavirus-related deaths in New York as well as disappointing payrolls data fueled the...Read More

A slew of coronavirus-related news sent markets on another weekly roller coaster rideWhile stocks enjoyed a strong start to the week, the roller coaster ride Wall Street has been on for the past couple weeks proved to be far from over. U.S. President Donald Trump went back on his plan to reopen businesses by Easter, pushing social distancing measures out until April 30, which cemented in investors...Read More