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
Happy Thursday from beautiful Northern Italy!There are times I wish I was unaware of what's going on in the world.Especially since last Sunday.I won't lie. The thought of Meghan and her ginger nut Prince becoming paupers lit me up like a Christmas tree.I was so excited to use this meme. It's devastating that it's no longer valid.It would've been so delicious. Ironic, even.And I lived in England lo...Read More
Lately, you've heard much about the term "deposit insurance." As in, how U.S. bank accounts are insured to $250,000 by the Federal Deposit Insurance Corp. (FDIC).Most of the discussion has been in the context of the failed Silicon Valley Bank (SVB) of Santa Clara, California, the second largest bank failure in U.S. history.Let's discuss bank failures for a moment. Then, I'll tell you about an enti...Read More
Formerly an artisanal mining deposit, the newest deposit is around 16km2 and will be brought into production alongside the company's Atlas Fox deposit, also in Morocco.Read More
The Critical Raw Materials Regulation sets targets for the domestic supply to meet at least 10% of the EU's annual consumption for extraction, 40% of processing, and 15% of recycling, of critical rawRead More
"Petra's fourth tender for FY 2023 saw a 12.5% increase in like-for-like prices on Tender 3 FY 2023, confirming the improving trend observed in the previous tender," Richard Duffy, Read More
A proposed joint venture between Gold Fields' (NYSE: GFI) Tarkwa and AngloGold Ashanti's (NYSE: AU) Iduapriem mines in Ghana would create Africa's largest gold mine and one of the world's biggest open-pit gold operations.In a joint news release Thursday, the companies said they have agreed to key terms of a JV that would see the neighbouring mines producing a total of nearly 900,000 oz. gold from...Read More
Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings.The rapid electrochemical mineralization to form dolomite (REMineD) method will be explored in the three-year US$4.38 million project. Co-funded by the U.S. Department of Energy's Office of Fossil Energy and Carbon Mana...Read More
Gold Fields will have a two-thirds interest and be the operator, with AngloGold having a one-third interest in the proposed JV. The government of Ghana will retain its 10% interest in Tarkwa.Read More
Some people have big bucks in the bank. But certainly not most American families. Indeed, the average American has more or less zero savings. You've probably seen stories about how most Americans cannot afford $500 to repair their car or move from one apartment to another. That's the general, sad state of the U.S. economy these days.At any rate, it's fair to say that these well-heeled, over-$250,0...Read More
(IDEX Online) - Pharrell Williams, the US singer/songwriter best known for "Happy" tomorrow (17 March) launches a high jewelry sale on his digital-first auction house.A Journey Through Gems will feature a 50-carat D Flawless Type IIa heart-shaped loose diamond and a pair of 18k white gold 4-panel diamond shape earrings with natural purple sapphire, as worn by Taylor Swift at the 2023 Grammy Awards...Read More
The following slide deck was published by PagerDuty, Inc.Read full newsRead More
Nuscale Power Corp (NYSE:NYSE:SMR) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany ParticipantsScott Kozak - Director, Investor RelationsJohn Hopkins - President, CEO...Read full newsRead More
AbbVie Inc. (NYSE:NYSE:ABBV) Barclays Global Healthcare Conference Call March 15, 2023 1:35 PM ETCompany ParticipantsRobert Michael - Vice Chairman & PresidentScott Reents - Senior Vice...Read full newsRead More
MacroGenics, Inc. (NASDAQ:NASDAQ:MGNX) Q4 2022 Earnings Conference Call March 15, 2023 4:30 PM ETCompany ParticipantsJim Karrels - Senior Vice President and Chief Financial OfficerScott...Read full newsRead More
The following slide deck was published by Cadre Holdings, Inc.Read full newsRead More
FalconStor Software, Inc. (OTCQB:FALC) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany RepresentativesTodd Brooks - Chief Executive OfficerVincent Sita - Chief Financial...Read full newsRead More
Nature's Sunshine Products, Inc. (NASDAQ:NASDAQ:NATR) Q4 2022 Earnings Conference Call March 15, 2023 5:00 PM ETCompany ParticipantsNate Brower - General CounselTerrence Moorehead - Chief...Read full newsRead More
NXG NextGen Infrastructure Income Fund invests in a portfolio of both traditional and renewable energy companies. Click here for our full review of the NXB CEF.Read full newsRead More
Invesco S&P 500 Equal Weight Industrials ETF, is an equal-weight alternative to XLI. Click here to read my analysis of RGI ETF.Read full newsRead More
When the bull market resumes, Liberty All-Star Growth Fund might be a good bet for income investors. Click here for our full ASG review.Read full newsRead More