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
A decade ago BHP Billiton was gearing up to dig the world's biggest hole in the Australian outback.In 2011, BHP delivered the largest annual profit in Australian corporate history and, like its peers, was flush with cash as China bought up metals and minerals at never seen before rates.Iron ore prices appeared headed to US$200 per tonne, copper was setting records above US$4.50 per lb. (US$10,000...Read More
The world's second largest miner Rio Tinto (NYSE: RIO; LSE: RIO) is investing US$51 million to upgrade facilities at its Vaudreuil alumina refinery in Quebec.The company said three new energy efficient buildings are under construction and existing facilities will be rearranged to provide close to 400 employees with a centralized control room, offices and common areas.The project, expected to be co...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootStarting with precious metals, the general assumption is a Biden win will be better for gold in the short-to-medium term,...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe company posted EBITDA of $3.4 billion, 35% higher than the prior year period.Codelco also saw increased productivity a...Read More
Yesterday, Jimmy Mengel told you where to go looking for 'buys' if Joe Biden wins the presidency on Tuesday night. Today, I'm here to follow up by telling you what sectors and companies will most benefit from a Trump victory. To be honest, this isn't my first rodeo. I wrote a similar story back in 2016, and several of the stocks I listed have done very well for themselves. Chief among them are...Read More
Agnico-Eagle Mines CEO Sean Boyd says more generalist investors are now looking at gold for high quality businesses that are willing to pay dividends, and they need to find companies that can stay disciplined when gold prices are down.Read full newsRead More
Agnico-Eagle Mines CEO Sean Boyd says more generalist investors are now looking at gold for high quality businesses that are willing to pay dividends, and they need to find companies that can stay disciplined when gold prices are down.Read full newsRead More
BNN Bloomberg's Andrew Bell has a look a some gold miners hiking their dividends.Read full newsRead More
BNN Bloomberg's Andrew Bell has a look a some gold miners hiking their dividends.Read full newsRead More
NV Gold Corporation is pleased to announce the appointment of Mr.Read full newsRead More
Sixty North Gold Mining Ltd. Further to the Company's press releaRead full newsRead More
ALX Resources Corp. is pleased to announce receipt of the first aRead full newsRead More
African Gold Group, Inc. is pleased to announce its corporate socRead full newsRead More
Origin Gold (OIC) has signed a definitive agreement to acquire the Otu Central gold project in Colombia from Bullet Holding Corp.Read full newsRead More
Anglo-Dutch oil titan Royal Dutch Shell on Thursday logged third-quarter net profit of $489 million (415 million euros), rebounding after a vast coronavirus-driven loss in the prior three months.Read full newsRead More
Three North Shore residents are facing fraud allegations under the B.C. Securities Act, according to the B.C. Securities Commission.Read full newsRead More
Three North Shore residents are facing fraud allegations under the B.C. Securities Act, according to the B.C. Securities Commission.Read full newsRead More
Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
The index outperformed others such as the S&P/TSX Composite, which gained 4% in the period, and the group's major index which gained 6%.The firm's Canada mining and metals co-leader, Jeff Swinoga, said Wednesday the coronavirus and price volatility for all commodities failed to hinder the index' advance."Mining and metals companies have handled the impact of this ongoing disruption extremely w...Read More