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
ADDvantage Technologies Group, Inc. (AEY) Q4 2022 Earnings Conference Call March 21, 2023 5:00 PM ETCorporate ParticipantsBrett Maas - Hayden IRJoe Hart - President and Chief Executive...Read full newsRead More
DigitalOcean is executing well on its strategic plans. See why we believe investors can wait for Q1 earnings before buying DOCN stock.Read full newsRead More
Digital Realty has shifted from wholesale to a versatile colocation data center provider. Read why I would prefer to wait before investing in DLR stock.Read full newsRead More
Corus Entertainment's core business (TV advertising) faces challenges and will continue to see structural decline. Click here to read my analysis of CJREF.Read full newsRead More
TELA Bio, Inc. (NASDAQ:NASDAQ:TELA) Q4 2022 Results Conference Call March 21, 2023 4:30 PM ETCompany ParticipantsLouisa Smith - Gilmartin GroupTony Koblish - President and CEORoberto Cuca -...Read full newsRead More
NIKE, Inc. (NYSE:NYSE:NKE) Q3 2023 Earnings Conference Call March 21, 2023 5:00 PM ETCompany ParticipantsPaul Trussell - VP, IR and Strategic FinanceJohn Donahoe - President and CEOMatthew...Read full newsRead More
Orezone Gold (TSX: ORE; US-OTC: ORZCF) is resolving a power shortage at its new Bombor?(C) gold mine in coup-prone Burkina Faso as it considers acquisitions in West Africa.Bombor?(C), 85 km east of the capital city of Ouagadougou in the military-led country, started commercial production in December. But Orezone had to scramble for diesel generators after Genser Energy abandoned a liquid natural g...Read More
Equity financings in the mining industry slumped in 2022, while company share prices took a battering amid global market turmoil following Russia's invasion of Ukraine.Read More
(IDEX Online) - Julia Roberts is the new global ambassador for the Chopard, the Swiss jewelry brand.The 55-year-old actress, best known for the 1990 romantic comedy Pretty Woman, will represent all the maison's watch, high jewelry and luxury jewelry collections for women.She features in a series of black-and-white portraits of and Chopard Loves Cinema video vignettes, the first of which was r...Read More
Sprott Asset Management LP has announced the launch of Sprott Nickel Miners ETF (NASDAQ: NIKL), the only U.S.-listed exchange-traded fund focused on nickel mining companies.NIKL represents the latest addition to Sprott's suite of energy transition-focused ETFs following its launch of four critical minerals ETFs in early February."Nickel is a vital component in the rechargeable batteries used for h...Read More
Video Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Leading US fund managers BlackRock and Goldman Sachs have taken big positions on the shar...Read More
Newmont Mining (TSX: NGT; NYSE: NEM), the world's largest gold producer, may be preparing a sweetened takeover offer for Newcrest Mining (TSX: NCM; ASX: NCM), which rejected the miner's unsolicited bid six weeks ago.Speculation on a potential deal, originally estimated at US$17 billion, comes as Newmont is said to have gained partial access to its Australian rival's corporate books.While initial...Read More
Chile's government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the industry's competitiveness.Finance Minister Mario Marcel said after the bill approval by the mining commission of the Senate, miners have requested certain modifications that do not alter the proposed law, but which cou...Read More
(IDEX Online) - Signet, the world's largest retailer of diamond jewelry, reported a 5.2 per cent drop in sales for Q4 2022 (three months to 28 January) down $145.1m to $2.7bn.It blamed the devastating storm Elliott during the peak Christmas selling period in the US before, as well as labor strikes, the impact of the weakened British pound, the volatility created by the war in Ukraine, inflati...Read More
Look beyond market approach to project valuations: van ZylLeadershipVideo Series: Mining Journal speaks with Peter BryantSPONSOREDsaudi ministry of industry and mineral resourcesAvino Silver & Gold looks to triple production by adding assetsSPONSOREDavino silver & gold mines ltd Arizona Sonoran prepares for lift-off at CactusSPONSOREDarizona sonoran copper company inc.Equity financings in...Read More
(IDEX Online) - Botswana need more diamond experts, said the country's Minister of Minerals and Energy during visit to a new factory in the capital Gaborone opened by Dubai-based StarGems."There must be increased numbers of experts in this particular industry," said Lefoko Moagi, as reported by the Chinese state news agency Xinhua.StarGems aims to recruit 500 people to work at the $20m Diamon...Read More
The bank said that although at first glance the targets set out by the Read More
The market's in a highly unstable state right now. These violent swings show the inadequacy of the standard models that the Fed and other mainstream analysts use.The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They're not. Under volatile conditions like these they gap up and down - they don't move in rational, predictable inc...Read More
Latitude 66 Cobalt, a private, Finnish company, has reported excellent drilling results from its projects in the Kuusamo schist belt, which it believes provides "further optionality" for its proposed cobalt and gold development at the existing K Camp project.During June to November 2022, Lat66 drill tested a newly identified target (K10) and followed up on two previously identified targets (K9 and...Read More
Addressing the FT Global Commodities Summit in Lausanne, Switzerland, Pant described a market in which extracting copper is getting more difficult.Read More