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
Centerra Gold (TSX: CG) has declared commercial production at its ?-ks? 1/4 t mine in Turkey, four months after it poured first gold at the operation.The Toronto-based company now has three producing mines, including Kumtor in the Kyrgyz Republic and Mount Milligan in British Columbia."Commercial production at ?-ks? 1/4 t marks a major milestone for the company. ?-ks? 1/4 t was delivered on time a...Read More
NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesOver the past six months, as the share prices of banks have crashed under the weight of the COVID-19 pandemic and government r...Read More
The modern American caste system is rarely this exposed.While the markets hover 10% away from all-time highs, everything else is in a downward spiral.One in four American workers are collecting, or still simply trying to file for, unemployment.One in three renters didn't make a full payment last month. It will be worse this month. Plus eviction and mortgage protections soon expire and courts are o...Read More
Steve Kerr saw the positives in the Warriors' organization long before he was hired as the team's head coach.Read full newsRead More
It's the state's secondnd large utility to?EUR...consider pursuing sources.Read full newsRead More
Protests and relations with China do little to dash investor's hopes regarding U.S. economyDespite an uprising in social turmoil in the U.S., stocks marked the first day of June with gains. The Dow closed up 91 points, while the S&P 500 and Nasdaq marked closes modestly in the black. Despite relations with China on the brink of collapse, investors in the U.S. are still optimistic as the economy co...Read More
Getchell Gold Corp. is pleased to announce it has closed the non-Read full newsRead More
ET is cutting around 6% of its workforceThe shares of Energy Transfer LP (NYSE:ET) are up 1.2% at $8.26, after announcing that it's cutting around 6% of its workforce next week to combat the impact of coronavirus. With the energy sector hit particularly hard by the pandemic, especially in regard to oil and gas, Energy Transfer executives said in early May that it would cut operational and capital...Read More
FenixOro Gold Corp is pleased to announce the formal commencementRead full newsRead More
Rokmaster Resources Corp. announces that due to the COVID-19 pandRead full newsRead More
Calls are more popular overall, but options traders have been unusually put-heavy of lateOver the last 10 trading days, the 20 stocks below have attracted the highest weekly options volume, thanks to data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. Standing out this week is Twitter Inc (NYSE:TWTR), a company that recently made...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