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

This weekend's protests are holding stocks level midday The Dow Jones Industrial Average (DJI) is hovering above breakeven at midday, as Wall Street attempts to break down the economic implications of this weekend's protests, especially amid the gradual economic reopening. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also trading flat at the halfway point, inching higher after a mo...Read More

"Now is not the time to celebrate," Google said in a message on its websiteThe shares of Google (NASDAQ: GOOGL) are up 0.5% at $1,441.58 this morning, after the company postponed this week's unveiling of its latest Android 11 mobile operating system, in light of protests and civil unrest over the killing of George Floyd last Monday. "We are excited to tell you more about Android 11, but now is n...Read More

ZNGA is planning to buy Peak for $1.8 billionThe shares of Zynga Inc (NASDAQ:ZNGA) are up over 3.2% at $9.44 this morning, marking a fresh eight-year high after announcing its acquisition of mobile-game maker Peak for $1.8 billion. This deal will mark the largest purchase of a Turkish startup on record, and will include about $900 million in cash and $900 million in stock. On Zynga's end, the comp...Read More

United Airlines will cut 13 officer positions, even as its international flight activity picks upUnited Airlines Holdings Inc (NASDAQ:UAL) is on some traders' radars this morning. The flight concern announced on Friday evening that it plans on eliminating 13 officer positions in an attempt to restructure its business, even as it begins adding international flights back into its network in July, in...Read More

Coty just announced its fourth CEO in less than four yearsThe shares of Coty Inc (NYSE:COTY) are up 18.2% to trade at $4.29 this morning, after the cosmetics company named its fourth CEO in less than four years. Current chairman Peter Harf is set to be named as the latest chief executive, according to the Wall Street Journal. The appointment runs counter to Coty's initial plan back in February...Read More

YTD the 5 biggest stocks are up 15% while the remaining 495 S&P500 companies are lower by a collective 8%, with the overall S&P400 index is down 5% YTD,Read full newsRead More

U.S.-China relations will be a focal point this weekDow Jones Industrial Average (DJI) futures are set to start the month flat, as civil unrest stews at home and abroad. Investors are unpacking a weekend's worth of civil protests in states across the U.S. in response to the deathof George Floyd. Elsewhere, U.S.-China tensions continue to bubble, after U.S. President Donald Trump's speech on Frida...Read More

Small-scale gold mining in the Peruvian Amazon poses a health hazard not only to the miners and communities near where mercury is used to extract gold from ore, but also to downstream communities hundreds of kilometers away where people eat mercury-contaminated river fish as part of their diet.Read full newsRead More

Share this articleVANCOUVER - Lundin Gold Inc. says it is moving to restart operations at its Fruta del Norte project in Ecuador after suspending operations on March 22 due to the pandemic.The company says it has started moving supplies to the mine.It has also instituted a strict protocol for personnel movement.The company says a seven-day quarantine period followed by a negative test for the viru...Read More

(IDEX Online) - Jewelry stores have shown "encouraging signs" in post-COVID-19 China, according to De Beers.   Paul Rowley, its executive vice president of diamond trading, said most retail outlets were now open again, although sales had yet to return to levels before the pandemic. "In China, most stores are now open again with consumers returning and encouraging signs are beginning to show,"...Read More

(IDEX Online) - Alrosa will allow customers to defer 100 per cent of June purchases, as it has done in April and May, in response to the ongoing COVID-19 pandemic. The Russian state-owned miner says it's offering "unprecedentedly flexible terms for its long-term clients" in an attempt to prevent a depressed market from being flooded. Until 2018, the 58 approved buyers on Alrosa's list co...Read More

Polished diamond prices for May reflect much more movement than for April, with an overall trend of modest rises, balanced by price drops in specific sizes and qualities.  Much of the activity for both round and polished stones was among 0.50 to 1.99 cts.  Smaller sizes were characterized by inactivity or limited price drops.  Larger key sizes, over 3.00 cts saw clust...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company said early in April state rules to prevent transmission of the virus had made business impractical, paralysing the company's supply chain and the free movement of staff, and causing "significant operational delays and work constraints".However, it has managed to extend Pumpkin Hollow's main shaft to its final depth...Read More

Novagold Resources (TSX: NG; NYSE-AM: NG) said it's preparing a full response to a scathing report from J Capital Research that accuses managers of the Vancouver-based explorer of "systematically" misleading investors about its proposed Alaska gold mine over the last 15 years.J Capital Research, a company founded in China a decade ago that usually targets overvalued media and tech companies for sh...Read More

Monarch Gold (TSX: MQR) is selling its Fayolle property in western Quebec to Iamgold (TSX: IMG; NYSE: IAG) in a cash and share deal valued at $11.5 million.The Montreal-based company said the transaction will see Iamgold issuing $9.7 million in common shares to Monarch and a $0.3 million cash payment once ownership of the asset has been transferred.Iamgold will also give Monarch US$1.5 million in...Read More

Publisher's Note: Our gold recommendations around here are starting to take off in a big way. Some, like these here, have doubled or tripled over the past month.As the gold price continues at seven-year highs, many companies are now being re-rated higher. Especially those with established resources - Tier 2 resources - in safe jurisdictions.Revival Gold is one such company that Gerardo and I have...Read More

Toronto, Ontario--(Newsfile Corp. - May 29, 2020) - FenixOro Gold Corp. (CSE: FENX) is pleased to announce the formal commencement of...Read full newsRead More

Bogoso (W/R), May 29, GNA - Gold Fields Damang Mine has presented Personal Protective Equipment (PPE) worth over $ 108,000 to the Prestea Huni-Valley Municipal Assembly (PHMA) in the Western Region to aid in combating the COVID-19 pandemic. The items donated comprised of 41 non-contact thermometers, 21,450 pairs of gloves, 15, 670 pieces of pocket-size alcoholic-based hand sanitizers, 754 large bo...Read More

Small-scale gold mining using mercury in the Peruvian Amazon threatens the health of communities 100 miles or more downstream, according to new research.Read full newsRead More

TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.Read full newsRead More