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
BioLargo, Inc. (OTCQB:BLGO) Q4 2022 Earnings Results Conference Call April 3, 2023 4:30 PM ETCompany ParticipantsBrian Loper - Investor Relations, ClearThink CapitalDennis Calvert - Chief...Read full newsRead More
PLBY Group has recently pivoted its business model from the one that it was pursuing when it first reentered the public markets. Here's my take on PLBY stock.Read full newsRead More
Belite Bio, Inc (NASDAQ:NASDAQ:BLTE) Q4 2022 Earnings Conference Call April 3, 2023 4:30 PM ETCompany ParticipantsTom Lin - Chief Executive OfficerNathan Mata - Chief Scientific...Read full newsRead More
QuoteMedia Inc. (OTCQB:QMCI) Q4 2022 Earnings Conference Call April 3, 2023 2:00 PM ETCompany ParticipantsBrendan Hopkins - Investor RelationsDave Shworan - Chief Executive OfficerKeith...Read full newsRead More
If you ask me, it's not a question of IF China will retaliate - it's WHEN. The U.S. has recently spearheaded a movement of restricting the export of critical semiconductor manufacturing equipment to Chinese customers, citing the obvious national security concerns. The Netherlands and now Japan - the only other countries currently able to build advanced lithography machines - have both restr...Read More
Let's step back from today's banking financial crisis and look at the bigger picture. That will help us to understand the system dynamics, and estimate how long the crisis might last, and how destructive it might be.As a preliminary matter, let's distinguish between a recession (even a bad one) and a financial crisis. They're different.A recession is a part of the business cycle. It involves some...Read More
(IDEX Online) - Polished diamond prices tumbled 17.3 per cent year-on-year in March. Such a dramatic fall shows how dependent the market has become on world events. This kind of volatility was unknown in the days when De Beers cornered the market and insulated prices.It controlled 90 per cent of the diamond market in the late 1980s and fluctuations were mostly limited to single digits. Then Russia...Read More
(IDEX Online) - One of Patek Philippe's rarest watches has broken the record for the highest price paid in an online auction.The Sky Moon Tourbillon, with a blue handmade enamel dial and white gold hand-carved case, sold for $5.8m at Christie's Hong Kong.It is one of the most sophisticated timepieces ever created, with functions that include a cathedral minute repeating, tourbillon, perp...Read More
Video Series: Mining Journal speaks with Sheila KhamaSPONSOREDsaudi ministry of industry and mineral resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern miningFew companies, however, evaluate both the cost and risk of different financing methods in tande...Read More
"Our increasing output is timely with a demand supply gap forecast over the next year and we are well positioned to play our role in the evolving flake graphite opportunities," the company's executiveRead More
Share this article VANCOUVER - Calibre Mining Corp. [CXB-TSXV, CXBMF-OTC] has reported record first quarter gold production of 65,750 ounces, an increase of 27% from the first quarter of 2022.The company said gold output in the first quarter included 54,997 ounces from operations in Nicaragua and 10,753 from Nevada. Output in the quarter also included the first ore production from the Pavon Centr...Read More
Video Series: Mining Journal speaks with Sheila KhamaSPONSOREDsaudi ministry of industry and mineral resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern miningThe knock-on 8% rise in the price of Brent will reinforce the hawkish stance of central banks e...Read More
A handful of key assets are on the verge of major moves this week.Gold is on the cusp of a significant breakout above $2,000 as the US Dollar index drops. Any significant extension above the mythical $2K mark should attract a ton of attention from the mainstream financial media, lighting the fuse for an even bigger momentum move in the metal and the miners.Bitcoin is also working on its own potent...Read More
(IDEX Online) - Watch and jewelry sales in the US were down for a fifth consecutive month in February, amid ongoing fears of a recession and financial crisis. They fell 3.0 per cent year-on-year, according to the US Department of Commerce. In January sales dropped by just 0.3 per cent, a figure that was originally reported as 2.1 per cent but which has now been revised up based on actual rather th...Read More
The company said its interpretation is that the drill results are the first intercepts into the edges of a major new copper-gold system midway between its Los Helados porphyry copper-gold deposit 9kmRead More
(IDEX Online) - Jaeger LeCoultre has reworked its iconic Reverso "secret watch" design into a high jewelry necklace set with 3,000 diamonds.The pink gold Art Deco piece was unveiled last week at the Watches & Wonders 2023 salon in Geneva.It has the swivelling Reverso movement that has featured in watches, bracelets, brooches, handbag clips pendants since 1931.That was the year watchmaker Jacqu...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGreat Southern peaking under the coverSPONSOREDgreat southern miningGoviEx edges closer to productionSPONSOREDgoviex uranium Technical and feasibility studies continue, as do offtake discussions with European battery makers.Read More
Video Series: Mining Journal speaks with Sheila KhamaSPONSOREDsaudi ministry of industry and mineral resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelGoviEx edges closer to productionSPONSOREDgoviex uraniumGreat Southern peaking under the coverSPONSOREDgreat southern mining"Our increasing output is timely with a demand supply gap forecast over the next year and we ar...Read More
(IDEX Online) - Edward Asscher, outgoing president of the World Diamond Council, defended the Kimberley Process and addressed the "white elephant" of Russian sanctions at the World Federation of Diamond Bourses (WFDB) Congress in Israel."Today, through the KP and the work that we all do, I am convinced that 99.9 percent of all diamonds in the global marketplace are conflict free," he said."Is the...Read More
Kidpik Corp. (NASDAQ:NASDAQ:PIK) Q4 2022 Earnings Call Transcript April 3, 2023 4:30 PM ETCompany ParticipantsEzra Dabah - Chairman, President and Chief Executive OfficerAdir Katzav -...Read full newsRead More