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
The following slide deck was published by Hawaiian Electric Industries, Inc.Read full newsRead More
Capital Southwest trades at an 11.9% total dividend yield and 120% valuation. Read more as we discuss CSWC's quarterly results and key income dynamics.Read full newsRead More
Airbnb, Inc. (NASDAQ:NASDAQ:ABNB) Q4 2022 Earnings Conference Call February 14, 2023 4:30 PM ETCompany ParticipantsEllie Mertz - VP, Finance & IRBrian Chesky - Co-Founder, CEO, Head,...Read full newsRead More
The Glimpse Group, Inc. (NASDAQ:NASDAQ:VRAR) Q2 2023 Earnings Conference Call February 14, 2023 4:30 PM ETCompany ParticipantsLyron Bentovim - President and CEOMaydan Rothblum - Chief...Read full newsRead More
Upstart Holdings, Inc. reported Q4 2022 earnings that beat the revenue estimates comfortably, but UPST guidance was a shocker to put it mildly. Click here for more.Read full newsRead More
Sohra Peak Capital Partners outperformed the index for the fourth quarter of 2022. Click here to read the full fund letter.Read full newsRead More
The company said the Q4 loss came amid lower copper prices and "inflationary pressures". Per share, it amounts to $0.03/share.Read More
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporation"Recent relevant experience includes executive responsibility for OceanaGol...Read More
(IDEX Online) - Dozens of diamond traders in Surat have been reunited with almost $1m of goods that were fraudulently taken by a broker without payment. Thirty-two victims handed over diamonds to a trusted broker on 27 January, in many cases without receiving payment. He'd worked as broker for seven years and his father before him was a broker for 25 years. He switched of...Read More
(IDEX Online) - Gemfields has again been forced to evacuate workers amid ongoing violence in Mozambique.It follows an attack blamed on Islamic State-linked insurgents at a village 15km from a site where a site of ruby exploration.Gemfields, the UK-based gemstone miner, was forced to halted operations at its Montepuez ruby mine, and to evacuate the site last October after another attack by rebels o...Read More
The investment in Kabanga will bring BHP's share in the project, in which it is a partner with Lifezone Holdings Ltd., to 17% from 8.9%.Read More
The push for renewable energy and the electrification of road transport systems worldwide has many observers casting a worrying eye on potential supply constraints in copper markets. Vancouver-based junior NGEx Minerals (TSXV: NGEX) is working to tap into a bullish outlook for energy metals by advancing its exploration work in Vicu??a, an emerging copper-gold-silver district in the Andes mountain...Read More
(IDEX Online) - Billionaire Johann Rupert remains the second wealthiest man in Africa, and Nicky Oppenheimer is still number three, according to Forbes' newly-published rich list for 2023.But both men saw their personal and family fortunes dip slightly in a year when the S&P All Africa index plunged by 20 per cent, only to stage a dramatic final-quarter recovery.Rupert, 72, chairman...Read More
Asante targets 400,000oz in 2023SPONSOREDasante gold corporationApollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesFor the full year, the company reported earnings of $432 million on sales o...Read More
In 2022 a new buzzword started to be heard more and more at mining conferences and in company presentations: deglobalisation.Read More
Apollo sees stars align at CalicoSPONSOREDapollo silverExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resources Asante targets 400,000oz in 2023SPONSOREDasante gold corporationThe investment in Kabanga will bring BHP's share in the project, in which i...Read More
Northwest Copper (TSXV: NWST) has released the final assay results from last year's Central zone drilling at the Kwanika copper-gold deposit in British Columbia, indicating a larger mineralized footprint that could lead to resource growth.Assay results from hole 22-248 expand the footprint of copper-gold mineralization north of the resource pit as outlined by the recent preliminary economic assess...Read More
Look beyond market approach to project valuations: van ZylLeadershipExcellon CEO hails 'transformational' La Negra acquisitionSPONSOREDexcellon resourcesSaudi builds foundation for world-leading mining sectorSPONSOREDsaudi ministry of industry and mineral resourcesApollo sees stars align at CalicoSPONSOREDapollo silverThe company said the Q4 loss came amid lower copper prices and "inflatio...Read More
We acknowledge an oversight.We have been so deeply entranced by the Ukraine war, by the alleged United States destruction of the Nord Stream pipeline, by the sudden profusion of unidentified aerial objects in American skies, by the high comedy of the White House "press conferences" attending them...That we have neglected a topic of much recent discussion. That topic is the accelerating march of ar...Read More
Sheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedUr-Energy to boost production at Lost CreekSPONSOREDur-energyBradda Head eyes Arizona pegmatite prizeSPONSOREDbradda head lithiumCan EV battery metal continue its incredible bull run?SPONSOREDThe project is one of four that the company, which aims to list on AIM this year, is developing.Read More