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
Investors in The Boeing Company are getting ready for the company's March delivery numbers. Click here to find out whether BA stock is a Buy at this time.Read full newsRead More
In our judgment, 2023 is poised to become the 'Year of Efficiency' for Meta. But click here to read why we'll watch META stock from the sidelines.Read full newsRead More
There is reason to believe that a decades long bubble in paper assets and inflation-driven speculations is ending. See why buying Gold makes sense at this time.Read full newsRead More
Tesla, Inc. price cuts, although compressing short-term margins, should be good in the long run. Click here for a review of TSLA stock prospects.Read full newsRead More
(IDEX Online) - De Beers has announced the discovery of an astonishingly rare diamond-within-a-diamond.The 0.329 carat D-color Type IaAB diamond, named the Beating Heart has an internal cavity enclosing a smaller diamond that is trapped yet able to move freely.There are only two other known examples of such a Matryoshka or Russian Doll diamond.In 2019, Alrosa recovered a 0.62 carat diamond at its...Read More
"The Company anticipates that it will be in a position to affect an initial drawdown of US$3 million once documentation has been completed.Read More
Hochschild informed Skeena that it has satisfied the minimum annual expenditure requirements on Snip, which Skeena implied was a minimum of C$15 million.Read More
Highlights included an enriched zone of 152m grading 0.87% copper in hole 183 which expands mineralisation from adjacent high-grade results drilled in prior programmes.Read More
This is according to data released by SAVANT - a company that publishes a monthly activity dispersion index, which is a measure of capacity-weighted levels at smelter sites - and an inactive capacityRead More
(IDEX Online) - The GIA is facing criticism over the new digital-only reports it introduced in January.Dealers say retail customers still expect a paper certificate and are, in some cases, refusing to buy a diamond without one.The GIA (Gemological Institute of America) says its paperless Diamond Dossiers, for stones up to 1.99-cts, are the first step towards phasing out all printed reports with th...Read More
Idaho Champion outlines Canada ambition for 2023SPONSOREDidaho championArgentina Lithium ramps up exploration in 2023SPONSOREDargentina lithium & energyGrid Metals to build on energy transition momentumSPONSOREDgrid metalsWater scarcity: the next big issue for the mining sectorSPONSOREDsrk consultingThe mining ministry launched the new system, which allows investors to submit applications for...Read More
WAF has an enterprise value of about A$800 million.Read More
(IDEX Online) - A brazen raider is believed to have struck twice in six weeks at the same jewelry store in New York. The owner said he told staff: "Hi, I'm back".Police say he grabbed a worker at Melissa Joy Manning Jewelry, in Cobble Hill, Brooklyn, in the latest attack and ordered her to open the display cabinets.Owner Melissa Joy Manning says merchandise worth $200,000 was stolen in the fi...Read More
We note yesterday's indictment of former United States president Donald John Trump.The incident kindled in us a mood of reflection... as an old photograph may recall a man to the time in which it was captured.Mr. Trump remains archvillain to some. He remains archangel to others.He is neither to us. Nor was he ever.We found the fellow's tenure infinitely amusing. It was a dozen-ringed circus, a gra...Read More
There is a bit of an oversight in the world of gold.If you do an internet search for reasons to invest in gold, you'll find the same answers repeated over and over, and those reasons tend to be:Inflation protectionGeopolitical uncertaintyMarket volatilityIncreasing demandSupply constraintsAll of these things are true and very good things to consider when investing in gold.But one thing that's ver...Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelVideo Series: Mining Journal speaks with Sheila KhamaSPONSOREDsaudi ministry of industry and mineral resourcesGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern mining"The Company anticipates that it will be in a position to affect an initial drawdown of US$3 mi...Read More
Resources Connection, Inc. (NASDAQ:NASDAQ:RGP) Q3 2023 Earnings Conference Call April 4, 2023 5:00 PM ETCompany ParticipantsKate Duchene - CEOTim Brackney - President & COOJenn Ryu -...Read full newsRead More
Desktop Metal, Inc. has yet to generate positive earnings or free cash flow, and the valuation paradigm remains. Click here for more on DM stock prospects.Read full newsRead More
Bond yields have been dropping since March 8 when the problems at Silicon Valley Bank surfaced. Click for a review of what is happening with rates.Read full newsRead More
Wild swings in relative share prices leads to a dramatic change in relative values. Click here to read my analysis.Read full newsRead More