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
Key raw materials from iron ore to grain rally in tandem as global economy picks upRead full newsRead More
Canaccord Genuity Stick to Their Hold Rating for Eldorado Gold CorpRead full newsRead More
London and Japan markets are closed today and China is shut until Thursday for the Labour Day break.US payroll data on Friday was set to be the key event risk of the week, according to Pepperstone head of research Chris Weston.He mused whether improved unemployment figures would lead to a risk-off vibe, or lead to positivity based on a strong economy."I suspect we're getting to a point where reall...Read More
The move comes as the palladium price is around a record high, near US$2,900 an ounce, on rebounding automaker demand and supply disruptions. The committee also agreed Sibanye-Stillwater could have until the commercial production decision date, "temporarily deferred" to July 22, to elect whether to increase its stake in Marathon - again.Stillwater Mining took over Marathon in 2010 for US$118...Read More
Share this article CALGARY - The metal and mining industries have been one of the most popular ones with respect to profits in the investors' circles. Before the pandemic hit us, these two sectors were booming high because of the increasing demand. Although these two sectors seem the same initially they have a very fine line dividing the two. It has been seen that most of the leading companies in...Read More
Share this article TORONTO - American Eagle Gold Corp. (TSXV: AE) reported that effective today, May 3, 2021, it has begun trading its common shares under the symbol 'AE' on the TSX Venture Exchange.American Eagle is a Nevada-focused exploration company whose flagship asset is the Golden Trend Project, immediately adjacent to Nevada Gold Mine's (Barrick and Newmont JV) Goldrush deposit wit...Read More
(IDEX Online) - Trans Atlantic Gem Sales reported rough sales of $18m in Dubai, despite a Covid ban on Indian nationals entering the UAE.Manufacturers in Surat sent their buying teams in to the country before restrictions came into force on 25 April to ensure they could attend the TAGS tender, as well as forthcoming sales by De Beers and Alrosa.TAGS said it sold all the 45,000 carats on offer, inc...Read More
(IDEX Online) - A rare 5.22-carat Kashmir sapphire is expected to fetch up to $480,000 at Bonhams' New York Jewels sale later this month.The cushion-shaped mixed-cut gem was discovered high up in the Zanskar region of the Himalayas in the 1880s.It is certified as unheated and is set in a ring with 10 diamonds (approx four carats) in 18k pink and silver-topped gold. It is estimated at $2...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationTo this end, in March, Colombia's National Mining Agency (ANM) launched the first Copper Round, an auction of four greenfield areas with sedimentary copper potential in Cesar and La Guajira, as itRead More
The return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians believe the mining industry could be contributing significantly more to help the country through the Covid-19 pandemic.Long-viewed as the most stable destination for foreign investment in South America, Chile's increasingly fraught political scene is increasing risks for...Read More
A new whitepaper by Roskill that examines the potential of patent analysis to understand the lithium-ion battery technological landscape found the market trend is decidedly leaning towards nickel, cobalt, manganese and aluminum in terms of material utilization.Next to these metals is also silicon which, according to Roskill, is gaining share in commercial products and could be considered a technol...Read More
Commodities exchange operator CME Group launched on Monday a futures contract for lithium, seeking to capitalize on growing demand for the key ingredient in the batteries that power electric vehicles (EVs) and high tech devices.Five tonnes were traded at the Lithium Hydroxide CIF CJK on the first session at US$14.25 per kg. The price is settled against Fastmarkets' assessment for lithium hydroxide...Read More
Perpetua is in the process of permitting the only US-mined source of antimony, with potential to supply about 35% of the nation's antimony demand during the first six years of production.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company has been operating the field for about a quarter and has produced 99.999% copper cathodes, but is still learning how to balance fluid flow, pressure, chemistry and other aspects.Read More
What do you think is America's most serious geopolitical challenge - China, Russia, Iran, maybe North Korea?None of the above, apparently. According to President Biden's Director of National Intelligence, Avril Haines, climate change needs to be "at the center" of countries’ national security and foreign policy.Well, Treasury Secretary Janet Yellen will be doing her best to make sure the cru...Read More
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HUT 8 Stock ???EUR???EUR39% off Coupon EXPIRING **May 5** Code is ToTheMoon on the Stock, Real Estate, Youtube, or Sales Programs???EUR???EUR https://metkevin.com/join ?,??,? Up...Read full newsRead More
Affinor Growers Inc. announced that it had chosen Tesla products to store alternative energy for the greenhouse. The solar photovoltaic system installed by the company compensates for electricity consumption, reducing operating costs throughout the year, and Tesla Powerwalls will provide a water irrigation system.Read full newsRead More
Gold stocks' latest young upleg is far less likely to be derailed by big gold selling.Read full newsRead More
(IDEX Online) - Tiffany & Co is launching its first ever range of engagement rings for men.It says that after introducing the diamond engagement to the world (for women) back in 1886, it's "marking a bold new era of love" with its Charles Tiffany Setting.That's widely understood to refer to the rise in same-sex marriages. Six styles are currently on its website, made of platinum...Read More