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

Monterey Minerals Inc. is pleased to announce that it has signedRead full newsRead More

The weekly 5/22 27-strike put is running the show todayThe shares of Foot Locker Inc (NYSE:FL) are near the bottom of the New York Stock Exchange (NYSE) today, last seen down 12.8% at $25.30. The sneaker retailer reported a first-quarter loss that exceeded Wall Street estimates, while revenue also missed its mark. The culprit, of course, is the store closures wrought from the COVID-19 pandemic. I...Read More

The Dow is down over 100 points middayThough all three indexes remain in the black for the week, the Dow Jones Industrial Average (DJI) is down over 100 points midday, as U.S.-China tensions mount, outweighing the positive sentiment from Director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, that a coronavirus vaccine could be available in the U.S. by December....Read More

Decker's earnings and revenue beat out analysts' estimates The shares of Deckers Outdoor Corp (NYSE:DECK) are up 10.7% at $186 at last check, following a positive fiscal fourth-quarter report. The UGG parent reported profits of 57 cents per share, much higher than the anticipated 9 cents per share estimated by analysts, as well as higher-than-expected revenue. Following this, no fewer than eight a...Read More

Palo Alto's third quarter earnings and revenue beat Wall Street's estimatesPalo Alto Networks Inc (NYSE:PANW) chimed in with earnings after last night's close, and things are looking even better for a company that's already up 40% for the quarter. The cybersecurity platformposted fiscal third-quarter earnings of $1.17 on $869.40 billion in revenue, both of which decimated Wall Street's estimati...Read More

The tractor manufacturer's fiscal second-quarter earnings and revenue topped analysts' expectationsThe shares of tractor name Deere & Company (NYSE:DE) are eyeing their third consecutive win today, up 3.1% at $147.20 in pre-market trading after the firm's fiscal second-quarter earnings and revenue beat analysts' estimates, even on a 41% drop in quarterly profits. The company blamed a sharp decline...Read More

Dr. Fauci called Moderna's possible coronavirus vaccine "promising" Dow Jones Industrial Average (DJI) futures are hovering just above fair market value this morning, as Wall Street looks to wrap up a winning week and head into Memorial Day weekend on a high note. Gains are capped as tensions between the U.S. and China increased overnight, after China released a draft legislation regarding new se...Read More

Vancouver, British Columbia--(Newsfile Corp. - May 20, 2020) - INCA ONE GOLD CORP. (TSXV: IO) (FSE: SU9.F) (SSEV: IOCL) (Read full newsRead More

Albanese was speaking on a webinar panel moderated by Mining Journal and hosted by the Singapore Stock Exchange.Read More

The iron ore price rose as high as $98/t this week on the recovery in China and concerns about Brazil's rising cases of COVID-19.Read More

Share this articleCALGARY - The owner of the Ekati diamond mine is proposing a transaction that would allow it to exit court protection from creditors, provide short-term operating funds and allow it to eventually restart the suspended mine.Dominion Diamond Mines ULC says it has signed a letter of intent with an affiliate of The Washington Companies under which an entity to be managed by Wa...Read More

One of the oldest companies listed on the Toronto Stock Exchange, Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF), believes it has found a new zone of gold mineralization at its Golden Highway project, 100 km east of Timmins, Ontario.Drilling 1 km to the west of the project's South West deposit and 500 metres from the company's recent Westaway discovery intersected 4 metres grading 8.09 grams gold...Read More

Canada's Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually restart its idled Ekati mine in Canada's Northwest Territories.The company, which owns and operates the iconic Ekati diamond mine and also has a 40% interest in the nearby Diavik, said it had signed a le...Read More

Australian iron ore major Fortescue Metals Group (ASX: FMG) has invested $1.38 million (US$984,000) in Candente Copper (TSX: DNT), increasing its stake in the Canadian junior from 9.7% to 19.92%.Through wholly owned subsidiary Nascent Exploration, Fortescue has subscribed for 27.5 million shares at 5 ? apiece in Candente, which owns a series of copper assets in Peru. Those include Ca??ariaco Norte...Read More

The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending.According to a new report by S&P Global Market Intelligence, outlays for exploration across the industry are set to drop from US$9.3 billion in 2019 to US$6.6 billion this year.Despite a gold price approaching seven-year highs above US$1,700 per oz., money spent on drill...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 resourcesFortescue has agreed to make a C$1.38 million (US$986,000) investment to increase its Candente stake to 19.92% via subsidiary...Read More

I used to live in a tent, down by a lake...It wasn't much to brag about, but I had everything I needed: a cot, a lantern, and a small transistor radio.But after a while squatting in my tiny little tent, I realized that I couldn't live like that forever. I had dreams, damn it. Like owning my own home, entertaining guests, and cooking fancy meals. Perhaps one day I would even have a vacation home on...Read More

Toronto, Ontario--(Newsfile Corp. - May 21, 2020) - FenixOro Gold Corp. (CSE: FENX) (formerly, American Battery Metals Corp.) ("FenixOro" or the "Company" or "we" or "us" or "our") is pleased to announce that we have been approved for listing on theRead full newsRead More

Combined effect could improve the project's economic parameters and support the lower-CAPEX custom milling scenario.MONTREAL ,May 20, 2020/CNW Telbec/ - MONARCH GOLD CORPORATION (Read full newsRead More

AMZN, NFLX, and AAPL all ended in the redAfter spending most of the day waffling below breakeven, the Dow settled roughly 100 points lower, as Wall Street weighed mixed economic data that included another spike in weekly jobless claims. A new wave of U.S.-China tensions is also spooking traders,alongside a new bill that could delist Chinese companies on U.S. exchanges. The resurgent tech sector...Read More