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
TMAC Resources (TSX: TMR) has officially kicked off commercial production at its Doris gold mine and mill at the Hope Bay project in Canada's far north, which has now become Nunavut's second operating gold mine and the first one ever in the western area of the Territory.The explorer, which poured its first gold bar at the mine in February, is celebrating the ramp up toward full production by flyi...Read More
TMAC Resources (TSX: TMR) has officially kicked off commercial production at its Doris gold mine and mill at the Hope Bay project in Canada's far north, which has now become Nunavut's second operating gold mine and the first one ever in the western area of the Territory.The explorer, which poured its first gold bar at the mine in February, is celebrating the ramp up toward full production by flyi...Read More
The headline intercept also included 15.2m at 16.47g/t gold, below the modelled pit bottom.Other highlights from the latest assay results included 76.2m grading 0.81g/t; and 50.3m at 1.43g/t, including 12.2m at 4.55g/t gold.The Oro Belle Trend is within the region of the historic JSLA pit and CEO Gerald Panneton said the current programme had "definitely achieved its objective" of demonstrating th...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
Anglo American (LON:AAL), the world's fifth largest diversified miner, has appointed Stuart Chambers to succeed Sir John Parker as chairman of the group.Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.Stuart Chambers is known for his active participation in the sale of several UK companies, includi...Read More
A $1.8 million coin trilogy boasting coloured diamonds found at Rio Tinto's Argyle mine has been unveiled at the Perth Mint with international buyers already showing interest in the unique collection.The Australian Trilogy is comprised of three one-kilogram coins struck from gold, platinum and rose gold, with each featuring a different native animal.Each of the precious metals coins has either a...Read More
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According to a research report released by Technavio, the global connected car market is expected to reach USD 144.95 billion by 2020 and growing at a CAGR of more than 32%.The demand for in-vehicle connectivity and telematics has led to technological improvements, which aim at enhancing the overall in-vehicle experience of both the passengers and drivers. Siyata Mobile Inc. (TSX-V:SIM |...Read More
Full Article: SWOT Analysis: Trump Probes Boost Gold's Safe-Haven DemandBy: Frank HolmesStrengthsThe best performing precious metal for the week was palladium, up 6.17 percent. Consumer demand is rising for gasoline- versus diesel-engine powered vehicles, yet automobile sales have started to relax in recent months. According to Bloomberg, gold bulls outnumber gold bears this week as Trump probe...Read More
Full Article: If You Want To Get Rich, Own Gold - Rich Dad, Poor Dad's KiyosakiBy: Daniela Cambone(Kitco News) - Gold is a wealth attractor, this according to Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, who uses the metal to boost his net worth."If I want $10,000 a month, I hold $10,000 in gold; gold is an attractor and people need to understand that if you buy more gold, your...Read More
Imagine working for seven years to build a community food forest. It would be a very fulfilling project to take a neighborhood and transform it into a living food source full of fruit trees, luscious vines, and edible ground cover.And imagine all your hard work being torn away in an instant by the city council.Literally torn away; what would you be thinking and feeling as they sent landscaping cre...Read More
Imagine working for seven years to build a community food forest. It would be a very fulfilling project to take a neighborhood and transform it into a living food source full of fruit trees, luscious vines, and edible ground cover.And imagine all your hard work being torn away in an instant by the city council.Literally torn away; what would you be thinking and feeling as they sent landscaping cre...Read More