Silver Faces Supply Crunch As Industrial Demand Continues Rising
Silver has traditionally been one of the most sought-after precious metals in the world, but in recent years interest in the white metal has skyrocketed thanks to rising industrial demand. Growing need for clean technology ... [Read]
China’s Increasing Copper Demand Bodes Well For Mining And Exploration Companies
According to recently released customs data, China imported 26% more copper in August compared to the same period last year, signaling the unrelenting demand for the commodity. Copper ore and copper product imports into China ... [Read]
Copper Is The New Oil: Expected To Rise By More Than 50% by 2040
The first global copper outlook from energy research group BloombergNEF was recently released, taking into account demand from the technological shifts required to wean the industry off fossil fuels. The main conclusion is startling: Between ... [Read]
Copper Demand Expected to Nearly Double by 2035
Copper supply can’t keep up with the booming demand for copper, putting net-zero emissions targets at risk, according to a new report from S&P Global. Copper is essential for electric vehicles, wind and solar power, ... [Read]
Gold Fields Stock Fall After Agreeing to Buy Yamana Gold
Gold Fields Ltd. (NYSE:GFI) stock collapsed after agreeing to buy Canada’s Yamana Gold Inc. (TSX:YRI) in an all-stock deal that will make the South African miner the world’s No. 4 gold producer. Gold Fields shares ... [Read]
Silver Could Outperform Gold in 2022
After a year of underperformance, investors may turn to silver again this year. Silver’s price action has suffered in 2021 in part due to supply bottlenecks and significantly rising energy costs. Industrial silver will contribute ... [Read]
Gold Companies Expand Exploration and Production as Market Heats Up
The gold market is once again heating up as the US dollar weakens and crude oil prices solidify. Global stock markets have weakened in recent weeks and key markets are experiencing high inflation, signaling that ... [Read]
Gold Miners Ramp Up Exploration and Production as Analysts Turn Bullish on the Precious Metal
Gold hit an all time high of $2,070 in August 2020 but, according to one analyst, 2021 could surpass that high, possibly reaching $3,000 per ounce by the end of 2021. According to analysts, inflation ... [Read]
IO Stock Climbs After Ore Purchase Agreement With PPX Mining
Shares of Inca One Gold (TSXV:IO) (OTC:INCAF) (Frankfurt: SU9.F) are trading higher today after the company announced it has signed an ore purchase agreement with PPX Mining Corp. The new agreement will substantially increase Inca ... [Read]
Top 3 Gold Stocks to Watch in May 2020
Major stock markets continue to take a weekly beating, pushing investors towards gold stocks to help protect their portfolios. The S&P 500 lost 10.59 points, and the Dow Jones shed 90.89 points on Friday as ... [Read]