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
Traders on a Reddit platform triggered the frenzy in silver, but factors such as the use of the metal in solar panels are also fueling the price.Read full newsRead More
Kenorland Minerals Ltd. is pleased to announce that the Company hRead full newsRead More
Gold79 Mines Ltd. is pleased to provide results from its recentlyRead full newsRead More
Victory in Final Stages to Launch Drilling Operations for 500m ShRead full newsRead More
Speaking with Andrew O'Donnell of Supercharged Stocks, TomaGold (TSXV:LOT, OTC:TOGOF) CEO David Grondin provided an update on where the company is at right now as well as plans for the future. Read full newsRead More
Portofino Resources INC. is pleased to announce the Company's comRead full newsRead More
Visionary Gold Corp (TSXV:VIZ) has launched its campaign on the Investing News Network.Read full newsRead More
Xplore Resources (TSXV:XPLR) has launched its campaign on the Investing News Network.Read full newsRead More
Amount more than doubles what Russia is seeking to get in mineral extraction tax this year.Read full newsRead More
Indonesia will no longer permit mining waste to be disposed in the ocean to allay concerns about the environmental impact of processing nickel used in electric vehicle (EV) batteries, a government official and a corporate mining source said.Read full newsRead More
As demand for gold skyrockets, artisanal mining and smuggling ramps up, financing conflict and corrupt politicians, risking human lives and destroying the environment. In the first report of our 5...Read full newsRead More
Lack of liquidity in PGMs makes it a potential targetRead full newsRead More
When Warren Buffett bought gold, it made headlines, although it wasn't gold he purchased so much as GOLD stock. Buffett has been bearish on gold for a long time,...Read full newsRead More
In the wake of the GameStop/Reddit saga, North American market manipulation is once again the topic du jour; that the rules of the game vary by player- institutional versus retail investor, hedge fund versus little guy - is clear, highlighted by the fact that once again, big finance has won. Deemed too important to fail, the latest bail out of Wall Street, this time, ironically, thanks to brokerag...Read More
Invoking former US president Donald Trump, David Brocas, head cobalt trader at Glencore's cobalt arm, said the LSE listed miner wants "to make cobalt in the DRC great again and fight [negative]Read More
The company forecasts its 2021 revenues to be in a range of $5.16-5.26 billion.December quarter net income came in at $148 million on $1.37 billion of revenue.Xylem president and CEO Patrick Decker said positive fourth quarter momentum was encouraging heading into the new year."Our end markets showed encouraging signs of recovery in the fourth quarter, with healthy orders trends and significant ba...Read More
We were tempted to resist talking about the Reddit phenomenon but why not wade in, particularly now as we stand amongst the smoking ruins of the dreams of silver bugs, planet-wide, who thought all their Christmases had come at once.Sweeping in from nowhere the idea that the Gamestop surge could be leveraged to create a short squeeze in silver became the obsession of silver bugs over the last weeke...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an amended investment agreement with the Greek government covering the miner's operations in the north of the country.The new contract between Eldorado's subsidiary Hellas Gold and Greece replaces a 2004 transfer agreement between the parties, securing continued operation and further development.The agreement covers the Vancouver-based company's Skou...Read More
Initial assays from Gatling Exploration's (TSXV: GTR; US-OTC: GATGF) 25,000-metre drill program at its Larder gold project in northern Ontario are validating the company's decision to shift its exploration strategy to focus on near-surface mineralization, says president and CEO Jason Billan. The results are "starting to pay off" Billan said in an interview, adding that he believes there is "sig...Read More
Drilling on Radisson Mining Resources' (TSXV: RDS; US-OTC; RMRDF) 100%-owned flagship O'Brien gold project in Quebec continues to hit high-grade mineralisation below the current resource.Radisson said the drilling campaign has continued to define and expand three high-grade mineralised trends, located approximately 300, 600, and 900 metres, respectively, to the east of the past-producing O'Brien...Read More