Glass half-full economy powers gold higher
“Stable but underwhelming growth” is what the International Monetary Fund has projected in its World Economic Outlook, released in late October. With wars in Ukraine and on two Israeli borders…
Commodities Markets
Heliostar expands high-grade gold at Ana Paula, uncovering a new zone
Drill results from Heliostar Metals’ (TSXV: HSTR; US-OTC: HSTXF) Ana Paula gold project in Guerrero, Mexico, suggest potential for a resource increase and a new, near-surface find. The Vancouver-based junior…
Gold stocks starting to outshine bullion: Canaccord report
Higher gold and silver prices are finally jump-starting the stock prices of the companies that mine the metals, Canaccord Genuity Capital Markets analysts said in a report this week. Equities…
Clues to when the next commodity boom will start abound – if you know where to look
It’s important to understand that the boom phase of a commodity cycle doesn’t kick off overnight. While there have been some green shoots — record gold prices, and copper (briefly) spiking…
Diamond sector’s latest marketing campaign aims to sell youth on mined gems
De Beers Group and Signet Jewelers are putting a modern twist on tradition with their new campaign, “Worth the Wait,” aimed at reigniting demand for mined diamonds amid increasing competition…
Copper prices to hit record high in Q4 on Fed cuts, China stimulus: Fastmarkets
Copper prices are poised to reach an all-time high in the fourth quarter of 2024, with Fastmarkets analysts projecting an average of US$10,265 per tonne. This bullish forecast is driven by a combination…
Central banks reined in gold purchases in August as prices climbed — WGC
Central banks are still buying gold, but they’ve pared back their purchases since highs reached last year — possibly because of the recent surge in gold prices, the World Gold…
Costco adds platinum bars to precious metals offering
Costco is expanding its line of precious metals products with the addition of one-ounce platinum bars on top of its popular gold bars. The platinum bars — made by Swiss…
Mining sector needs US$2.1 trillion by 2050 to meet net-zero needs – report
The amount is needed to meet net-zero demand for raw materials.
BHP projects copper demand will rise 70% by 2050
The company expects that by 2050, the energy transition sector will represent 23% of copper demand.
Video: Gold miners face skepticism, even as metal price rises, Denver Gold exec says
Gold at all-time highs has pushed up miners’ margins, but companies are opting for restraint and avoiding the temptations of past bull cycles, Denver Gold Group executive director Tim Wood…
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…