The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Within the next few years, Talon Metals'(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade nickel in the U.S., says the company's president, Sean Werger.The only operating nickel mine in the U.S. is Lundin Mining's (TSX: LUN) Eagle mine in Michigan, which is forecast to be mined out by 2025/2...Read More
Alrosa (MCX: ALRS) announced that it made $23.9 million in three auctions dedicated to celebrating its Jubilee Auction #100.In the three events, special-size diamonds, which are gems over 10.8 carats, were auctioned. As per Russian legislation, this type of diamond must be sold at international auctions. Jubilee Auction #100 was digital with an additional option of on-site viewings in Dubai, wher...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningA keystone week for the project saw two big chunks come out of the US$1.Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIt hasn't prevented their share prices from succumbing to fears that iron ore prices are headed south in a big way.Read More
Davy is modelling FY21 and FY22 annual revenues of €139.1 million and €153.7 million, respectively, after Mincon booked FY20 revenue of €129.9 million, and believes the company "should re-rate from current levels relative to peers".The stock is up 41% in the past year to €1.30, capitalising the company at €270.94 million."We still believe that the stock is good value despi...Read More
Two mass shootings in a week... America really must be feeling better.First some lunatic murders eight people across the Atlanta area, and then a second lunatic opens fire on a super market in Boulder, Colorado. These tragedies occur with such frequency I'd forgive you if you'd completely forgotten that in February, another crazed gunman attacked a health clinic in Buffalo, Minnesota, killing one...Read More
MMT is the most potentially damaging economic doctrine I have ever encountered, with the exception of communism.Let's begin with the idea that the Fed and Treasury should be merged in practice so that the Fed will monetize any amount of spending or borrowing the Treasury wants.The reason markets have any confidence at all in the Fed is precisely because they are perceived as independent of congres...Read More
If you have not yet heard of Modern Monetary Theory (MMT), you will soon. If you've heard of it but don't know what it means, join the club. There are only a handful of experts who really understand MMT.Those who do understand it fall into two camps - the true believers, who see MMT as the answer to practically every social policy issue facing the U.S. today and the skeptics, who view MMT as intel...Read More
Cost of capital rising as fiscal support thins outRead full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
Hydrogen future hypeRead full newsRead More
Dovish Fed, cheaper oil and undervaluation could add strength to gold mining ETFs in the second quarter of 2021.Read full newsRead More
Vancouver, BC - Tribe Property Technologies (TSXV:TRBE) ("Tribe" or the "Company") is pleased to announce it has commenced trading on the TSX Venture Exchange under the symbol "TRBE" effective today. Tribe simplifies residential community living through the delivery of tech-enabled community management products and services. It aims to capture an increasing share of the estimated $90 billion...Read More
Under the agreement Wheaton will purchase 100% of payable gold production until 285,000 ounces have been delivered and will thereafter receive 67% of payable gold for the life of the mine.Read More
Noting the rise of ESG investors, Kerr told reporters met coal was brought up in most meetings held to discuss the company's December half-year results.Read More
(IDEX Online) - A grading lab says it's redefining diamond excellence by assessing eight aspects of a stone's cut quality.And it is providing 360-degree videos and photomicrographs to help buyers appreciate the gem's quality.New York-based GCAL (Gem Certification & Assurance Lab) says as many as 85 per cent diamonds are graded as excellent cut, based on cut, polish and sym...Read More
(IDEX Online) - Alrosa has announced a second extension to existing three-year rough diamond supply contracts.It says the move will help buyers respond to ongoing market uncertainties as a result of the global pandemic.The state-owned Russian miner usually analyzes trading activity at the year end, to determine who will be on its long-term client list and what product mix they'll be offered.I...Read More
(IDEX Online) - An aristocrat's novelty pig-shaped ruby and diamond evening bag fetched $150,000 at auction - way above its high estimate of just $4,000.The 1905 piece, made by the Paris-based Lacloche Fr?? ?res, has eyes set with cabochon rubies, the tail and trotters set with rose-cut diamonds and a line of cushion-shaped diamonds along the spine.Sotheby's London offered the bag in a s...Read More
(IDEX Online) - Sales of watches and jewelry surged in the US in January, up by a remarkable 26.1 per cent year-on-year. That's by far the biggest monthly increase we've seen since 2016. Year-on-year sales have been up since the markets showed the first signs of recovery in June 2020 from the catastrophic consequences of the Covid pandemic. They peaked in September at almost 1...Read More
Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationUnder the agreement Wheaton will purchase 100% of payable gold production until 285,000 ounces have been delivered and will thereafter receive 67% of payable gold for the life of the mine.Read More