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

QMX Gold Corporation is pleased to report that it will resume all its scheduled exploration activities, including diamond drilling on its Bonnefond deposit, following the announcement of the Quebec government that all exploration activities can recommence on May 11th.Read full newsRead More

Renforth Resources is pleased to provide shareholders with a pit constrained gold Mineral Resource Estimate for Renforth's wholly owned New Alger Property, located on the Cadillac BreakRead full newsRead More

Red Pine Exploration Inc announces the discovery of a new mineralized gold zone, beneath the Surluga Deposit, during its on-going exploration program at its Wawa Gold ProjectRead full newsRead More

Disney stock has struggled amid social distancingIt was a week worth forgetting for blue-chip entertainment icon Walt Disney (DIS). For starters, the company's second-quarter earnings and revenue fell short of Wall Street's estimates. Brokerages piled on with a slew of bear notes, the sharpest coming from Bernstein, which lowered its price target to $96 from $100 while the analyst in coverage at E...Read More

The Nasdaq is working to scrape together a seventh straight daily gainThe Dow Jones Industrial Average (DJI) is modestly in the black midday, up around 50 points as markets oscillate between the positivity surrounding the tentative reopening and more negative economic data. The tech-heavy Nasdaq Composite (IXIC) is also hovering in the black,fighting to secure its seventh straight win. The S&P...Read More

PNC is selling its 22% stake in BlackRockThe shares of PNC Financial Services Group Inc (NYSE:PNC) are down 4% to trade at $98.86, following the firm's announcement that it's selling its 22% stake, worth roughly $17 billion, in BlackRock (BLK). The move earned an upgrade from Stephens to "overweight" from "equal weight," calling the exit a smart move, ahead of any major political changes next fall...Read More

UAL is down 73% year-to-dateThe shares of United Airlines Holdings Inc (NASDAQ:UAL) are down 1% to trade at $23.73, giving back electronic gains from the morning amid newsBrett Hart was named the airliner's new president, effective May 20. Hart will replace Scott Kirby, who is slated to take over as CEO for Oscar Munoz next week. The C-suite shuffling comes as air travel demand suffocates the se...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has received an additional 92 revenue-generating channel connection requests (work orders) from its channel partners and brands.Now with a total of 451 channel requests, the Company continues to satisfy this first wave of activation requests from leading brands and manufacturers using t...Read More

Datadog's first-quarter earnings and revenue exceeded analysts' estimates Datadog Inc (NASDQ:DDOG) is enjoying its day in the sun, following a first-quarter earnings and revenue beat. The software stock is up 17.5% to trade at $65.45, ready to notch its third-consecutive high, and already Wall Street is taking notice. No less than eight analysts raised their price targets, with the highest coming...Read More

Oil prices are climbing today as wellDow Jones Industrial Average (DJI) futuresare pointing towardsa small rise this morning, as investors evaluate the attempts to reopen the economy. At 10 a.m ET, director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci will testify before the Senate Health Committee to offer a prognosis on easing lockdowns. Gains are climbing desp...Read More

Toyota forecast an 80% drop in profit for the current yearToyota Motor Corp (NYSE:TM) is tumbling today, down 1.3% to trade at $122 after warning that its profit could plunge 80% in 2020 -- its lowest in nine years -- due to the negative effects COVID-19 has had on production. The Japanese automaker's president Akio Toyoda said in a livestreamed media briefing that "the coronavirus has dealt us a...Read More

Halifax, Nova Scotia-(Newsfile Corp. - May 12, 2020) - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) (the "Company") is pleased to provide the following update on the development of its rapid-response, COVID-19 antigen test. The Company received confirmation from an independent laboratory that its test achieved a positive response to a recombinant whole spike protein control reagent specific to S...Read More

Shipments to long-term customer Indian Potash Limited would support the important role potash played in India's food production, while Canpotex would continue initiatives to educate farmers regarding the potential value of the crop nutrient in the expanding and important market, said CEO Gordon McKenzie.Canpotex has also agreed to contracts with its traditional customers in China for potash shipme...Read More

Share this articleThe CEO of Teck Resources Ltd. is defending his company's investing strategies as dissident shareholders continue to criticize him for what they call "underperforming" investments in coal and oilsands.Don Lindsay told investors on a mining conference webcast that the Vancouver-based miner is using revenue from its legacy metallurgical coal mines toward the construction of a...Read More

Share this articleGreat Atlantic Resources Corp. [GR:TSXV] is pleased to announce it has received a permit for soil geochemical and ground geophysical surveys at its Golden Promise Gold Property, located in the central Newfoundland gold belt. The permit allows for such work within the southwest region of the property, at Gold Anomaly 1, the location identified in the following map. The Company dis...Read More

Sales of the world’s largest diamond miner by volume, Alrosa, came to a near halt in April, with the company only selling $15.6-million in rough and polished diamonds in the month.This compares with sales of $152.8-million in March and $405-million in January this year.AdvertisementThe Russian company virtually stopped selling diamonds as governments across the globe were taking active...Read More

(IDEX) - Alrosa's monthly figures reveal the full impact of COVID-19, with April sales of rough and polished plunging to just $15.6m.That's a fall for the state-owned Russian miner of 96 per cent on $405m sales in January, before coronavirus lockdowns and travel restrictions came into force. Sales for the world's largest diamond producer by volume in 2019 were $3.3bn.Alrosa sou...Read More

(IDEX Online) - The case against lab-grown diamond companies accused of patent infringements is to go ahead, after a judge threw out their motions to dismiss.The Carnegie Institution of Washington and WD Lab Grown Diamonds, the manufacturer licensed to use its chemical vapor deposition (CVD) technology, are jointly bringing a case against competitors at a New York federal court.Defendants Fenix Di...Read More

(IDEX Online) - The billionaire who owned Firestar Diamond yesterday began his legal fight against extradition to India, where he is accused of defrauding the Punjab National Bank out of $1.85bn.Nirav Modi, 49, is alleged to have persuaded corrupt bank workers to approve low-rate loans for importing foreign goods, which he used to pay off debts. He was India's most wanted man and was the...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSeven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootThe report reveals some minerals, such as aluminium, copper and molybdenum, will be used across a range...Read More