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

West Texas Intermediate crude for June delivery was worth US$13.93 a barrel, Bloomberg reported, following oil for May delivery plunging into negative territory this week as a worldwide slump in demand has led to a lack of storage space.The Economist Intelligence Unit energy lead analyst Peter Kiernan said price pressure would continue in the coming months "as storage rapidly builds up and the glo...Read More

The deposit has a total resource of 1.42 billion tonnes at 5.Read More

(IDEX  Online) - India's government should halt imports of rough diamonds to help its cutters and polishers recover from the COVID-19 crisis, says industry veteran Chaim Even-Zohar.In an exclusive and far-reaching Memo for IDEX Online he proposes a three-month moratorium to help over-stocked producers stuck in the "uncomfortable mid-stream" to shift existing inventories totalling up to $...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe US Bureau of Land Management released the EIA at the end of March for a road to connect the project area to the existing Dalton highway, the main road that traverses the state.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesAntofagasta said measures taken to counter the threat of the pandemic meant total production for the year would be "towards the lower end" of its guidance range of 725,000-750,000 tonnes "assuming ourRead More

Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine in Kirkland Lake, Ontario.These results expand the South Mine Complex (SMC) by at least 75 metres to the east of the current resource limits, and suggest a new corridor of high-grade mineralization at depth along the prospec...Read More

Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC Minerals (TSX: RNX).Now the mining executive believes he's onto the next big nickel project in Canada with Crawford - a large tonnage nickel-cobalt sulphide discovery, 20 km north of Glencore's enormous Kidd Cr...Read More

Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not be enough to stop climate change.The forecast drop comes as transportation and industrial energy production has come almost to a halt globally, and it would be the biggest annual decline since World War II.In the pa...Read More

"Are you putting money into oil right now?"That was the question that came through my friend group text yesterday. "Ain't nobody driving or flying yet," I replied. But what I should have said was: What time frame are we talking about?If you want to trade oil intraday or for a one-day bounce after that historic sell-off it just had - be my guest. That's not really what I do. And of course, you c...Read More

Amex Exploration Inc. (TSXV:AMX, FRA:MX0, OTCQX:AMXEF) CEO Victor Cantore was recently featured in a video interview.Read full newsRead More

Gold and silver should rise after crude oil bust up. First casualty of the crude oil bust as Singapore Police probe Hin Leong After $800 Million Oil Losses. There will be more. I remember in 2009 during the natural gas price bust, a lot of hedge funds vanished. Red Kite and copper everyone one remembers. There will be a lot energy traders who have been busted. Large hedge funds and state backed...Read More

Gold and silver should rise after crude oil bust up. First casualty of the crude oil bust as Singapore Police probe Hin Leong After $800 Million Oil Losses. There will be more. I remember in 2009 during the natural gas price bust, a lot of hedge funds vanished. Red Kite and copper everyone one remembers. There will be a lot energy traders who have been busted. Large hedge funds and state backed...Read More

Harmony Gold Mining Company Ltd :Read full newsRead More

Group Ten Metals Reports Wide, Continuous Palladium, Platinum, Gold, Nickel, Copper, and Cobalt Mineralization Starting from Surface at the Chrome Mountain T...Read full newsRead More

Both gold and June-dated crude fell lowerThe Dow closed in the red, extending its losses from midday, following a second day of heavy losses for oil. Also weighing heavy for the blue-chip index is Boeing (BA) and Merck (MRK). Meanwhile, all eyes are on Washington, D.C., as the Senate managed to reach a deal for a $484 billion coronavirus relief package, aimed toward small businesses, testing, and...Read More

Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce -- more than 50% above the existing price record -- in a report titled "The Fed can't print gold."Read full newsRead More

There is plenty of room for analyst upgrades in this "buy" cycle Consumer products staple Procter & Gamble Co (NYSE:PG) is fresh off an upbeat post-earnings reaction from Friday. In addition to the shares coming off a $300 billion market cap near the $121 level, earlier in the week PG broke out of a trendline connecting lower highs since late February. In other words, the blue chip has support in...Read More

Beyond Meat will launch products in Starbucks' China locations this weekStarbucks (SBUX) announced yesterday that it would roll out its new plant-based lunch menu in China this week, with stores reopening amid an apparent slowdown of the coronavirus in the region. Many of the menu items will feature products made by Beyond Meat Inc (NASDAQ:BYND), marking a massive step for the company as it looks...Read More

All three benchmarks are off by 2% or moreThe Dow Jones Industrial Average (DJI) is once again stuck deep in the red, down over 700 points at last check asoil prices cripple Wall Street. While May-dated crude futures --set to expire at the close today -- crossed back into positive territory at midday, panic around black gold remains amid plunging demand and soaring storage. Additionally, the S...Read More

LabCorp's at-home test was approved by the FDA fro emergency use Laboratory Corp. of America Holdings (NYSE:LH) is higher this morning after the Food and Drug Administration (FDA) granted emergency use authorization to its COVID-19 at-home test kit. Healthcare workers are taking priority, while the company intends on making the kits available to the greater public in "coming weeks." In response,...Read More