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
(IDEX Online) - A British jeweler has created a 15-carat diamond necklace for a dog, with a price tag of almost $600,000.Nathalie Knauf, who runs Knauf Jewels in Soho, London, says it was designed for a client, to complement her necklace and earrings.The silver dog necklace has a total of 91 D-color diamonds, with a total weight of 15 carats, and a para?? -ba tourmaline pear-shaped pendant."It is...Read More
(IDEX Online) - Spending on jewelry in the US fell by almost four per cent in October, compared with the same period last year.That's according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment.It says the jewelry sector saw a 3.8 per cent drop, second only to all other luxury goods, which saw an 8.7 per cent drop.Across all sectors, excl...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpBlue Sky's big ambitions for Patagonia's uranium resourcesSPONSOREDblue sky uraniumAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Women's Executive Network: Canada's Most Powerful WomenSPONSOREDonyen corporationThe characteristic answer from the serial dealmaker, who has had...Read More
Next year is looking to be a pivotal one for HeliosX Lithium & Technologies Corp. (TSXV: HX; US-OTCQB: HXLTF) as it plans to mobilize drills and equipment to its Nevada and Alberta-based assets. The Calgary-based company is eager to put some more concrete data behind the theses underpinning its portfolio, says CEO Christopher Brown in an interview with The Northern Miner.The executive says HeliosX...Read More
On a 35-minute helicopter ride from Guyana's capital of Georgetown to Reunion Gold's (TSXV: RGD) Oko West project in the Cuyuni mining district, it's easy to see where the South American country got its nickname - the land of many waters. We fly over the Demerara River and the mighty Essequibo River which leads down to Bartica - a town of 20,000 that's also a gold mining gateway and lies at the co...Read More
The S&P/TSX Venture Composite Index retreated by 23.9 points or 4% over the Nov. 14-18 trading session to end at 575.88.Among only a handful of value gainers this week was Cornerstone Capital Resources, which added 42 ? to close at $4.25 per share. SolGold in October agreed to acquire all the outstanding shares of Cornerstone it does not already own by way of a court-approved plan of arrangement....Read More
Stocks fell slightly over the Nov. 11-18 trading period as energy stocks suffered from European oil and natural gas inventories approaching capacity and tech companies like Amazon announced layoffs, while better-than-expected retail sales and some corporate earnings helped temper losses. The S&P/TSX Composite Index shed 130.6 points or 0.6% to 19,980.91. The S&P/TSX Global Mining Index decreased...Read More
U.S. markets showed a modest decline over the Nov. 14-18 trading week as mixed data on inflation and retail sales were balanced by positive earnings in both the consumer cyclical and technology sectors. The Dow Jones Industrial Average fell 2.17 points to 33,745.69 and the S&P 500 dropped 27.59 points or 0.7% over the week to 3,965.34. Shares of Gold Fields slipped 7% to US$10.58 as investors di...Read More
Dear Outsider,Marketing is arguably the single most important part of selling a product.Entire agencies work day and night, devoted solely to this one thing.Make the consumer feel something so good that they can't wait to give up their hard-earned money...As Don Draper said in Mad Men, "Advertising is based on one thing: happiness. And you know what happiness is? Happiness is the smell of a n...Read More
Dear Outsider,Marketing is arguably the single most important part of selling a product.Entire agencies work day and night, devoted solely to this one thing.Make the consumer feel something so good that they can't wait to give up their hard-earned money...As Don Draper said in Mad Men, "Advertising is based on one thing: happiness. And you know what happiness is? Happiness is the smell of a n...Read More
(IDEX Online) - The Natural Diamond Council (NDC) has updated its Assure 2.0 portal, which objectively assesses the relative performance of diamond verification instruments (DVI).It provides fact sheets, a list of features, performance tests and independent lab test results for a wide range of DVIs, used to check that diamonds are natural.The first generation of the Assure program was launched in...Read More
(IDEX Online) - A man has been arrested for allegedly trying to sell a stolen 9.46-carat diamond ring to a jewelry store in Georgia, USA.Staff say they've been able to return the ring to its rightful owner, a 90-year-old woman.They were offered the $95,000 piece noticed the name and address he gave didn't match those on the certificate. They called the police and kept him talking.In a Fa...Read More
(IDEX Online) - Tiffany & Co. has announced a raft of measures aimed at achieving net-zero greenhouse gas (GHG) emissions. It says that by 2030 emissions from its own stores, distribution centers, manufacturing and offices should be down 70 per cent and from its supply chain by 40 per cent. By 2040 is should reach net-zero. Total emissions should be down by 90 per cent, with high-quality carbo...Read More
Sign up for our free weekly newsletter at https://www.JayMartin.clubFounder of Lyn Alden Investment Strategy and fan favorite Lyn Alden returns to the show t...Read full newsRead More
Sign up for our free weekly newsletter at https://www.JayMartin.clubFounder of Lyn Alden Investment Strategy and fan favorite Lyn Alden returns to the show t...Read full newsRead More
What's the current state of affairs here in the good ol' US of A? Here's a rundown...The on-the-ground economy has imploded. Inflation is for real and is crushing the country's standard of living. Before long, it may shift into deflation, which means instead of having a lot of money losing value, you'll have no money at all.Rising interest rates killed off the real estate part of the Everything Bu...Read More
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to unpack the macro and technical factors that may be the bell ringing that the bottom is in...Read full newsRead More
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to unpack the macro and technical factors that may be the bell ringing that the bottom is in...Read full newsRead More
The company launched a one-for-8.8 accelerated non-renounceable entitlement offer at $4.30 per share, a 10.2% discount to yesterday's closing price. About 46.Read More
"The Minister's decision has immediate and significant implications for the current Mary River operations and our workforce of 2500 people," said chief executive Brian Penney.Read More