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

Marathon Gold (TSX: MOZ) has released the results of a prefeasibility study on its Valentine gold project in Newfoundland, which envisions a 12-year open pit mine, producing an average of 175,000 oz. gold annually in the first nine years of operation.With an initial capital cost of $272 million and average life-of-mine, all-in sustaining costs (AISCs) of US$739 per oz., the after-tax net present v...Read More

SolGold's (TSX: SOLG; LSE: SOLG) Cascabel copper-gold asset in Ecuador received a boost on Tuesday after a long-awaited third resource update for Alpala, the project's main deposit, showed larger than anticipated resources.The new resource estimate has added 1.6 million tonnes copper, 2.5 million oz. gold and 92.2 million oz. silver (a metal not previously estimated), to Alpala's measured and in...Read More

This episode features a fireside chat with senior executives from Kinross Gold, including president and CEO Paul Rollinson, Chief Financial Officer Andrea Freeborough, Chief Technology Officer Paul Tomory, Corporate Development, External Relations & Chief Legal Officer Geoffrey Gold, and Tom Elliott, Investor Relations & Corporate Development. The event was put on by the TD Securities Management S...Read More

More than a year after the tailings disaster at Vale's (NYSE: VALE) Brazil C??rrego do Feij??o iron ore mine killed 270 people, the mining industry is still slow to adopt changes needed to prevent similar catastrophes, a new study shows.According to Amsterdam-based Responsible Mining Foundation (RMF), while investor-led action has resulted in improved transparency regarding the state of global tai...Read More

MINING.COM's ranking of the world's 50 largest mining companies based on market value shows a beleaguered industry at the end of the first quarter 2020, despite a resurgent gold price and robust precious metals M&A activity.At the end of 2019, the MINING.COM TOP 50 had a combined market value of almost US$1 trillion after adding nearly US$160 billion in market capitalization over the course of the...Read More

The talking heads are acting like this is all something new. $2 trillion handed out in free money.Economists and "journalists" are picking sides and acting like something changed with the pandemic.Some say it is great. They say debt doesn't matter anymore. Maybe it never did. The alternative is so much worse we won't even explain it.Some say it sets a new and dangerous precedent. That nothing the...Read More

JOHANNESBURG (miningweekly.com) – Diamond mining and marketing corporation, the De Beers Group, on Tuesday announced that it would contribute $2 500 000 across Botswana and Namibia to aid the response to the Covid-19 crisis.De Beers Group is a 50:50 joint venture partner with both Botswana and Namibia in the recovery and sorting of rough diamonds.AdvertisementIts contribution in both co...Read More

The recent range trade in gold and silver will be broken soon and a new range will be formed. Physical gold supplies are expected to rise with Swiss gold refiners opening. I am doubtful whether they will be able to meet the current demand. Gold mines supplies are less. Russia has said that it's central bank will not buying gold at the moment. Russia will sell it mined gold in the market. Russia'...Read More

The recent range trade in gold and silver will be broken soon and a new range will be formed. Physical gold supplies are expected to rise with Swiss gold refiners opening. I am doubtful whether they will be able to meet the current demand. Gold mines supplies are less. Russia has said that it's central bank will not buying gold at the moment. Russia will sell it mined gold in the market. Russia'...Read More

Puma Exploration Inc. has signed an option agreement to acquire 100% interest in the Williams Brook Gold property.Read full newsRead More

The Dow finished the day more than 1,600 higherThe Dow, with help from Boeing (BA), continued its rally to start the week, closing up over 1,600 points. The Nasdaq and S&P 500 both closed at 7% or above with utilities, materials, and tech sectors surging. Investors were encouraged by the appearance of slowing coronavirus rates in New York and Europe as well as the Trump Administration's announcem...Read More

Overall options volume is pacing in the 99th annual percentile todayThe20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. One name that sticks out is Luckin Coffee Inc (NASDAQ:LK), with the recent volatile s...Read More

Huya's 80-day moving average has had bearish implications in the past Shares of the Chinese gaming platform HUYA Inc (NYSE:HUYA) are making another attempt to close their early March bear gap today, up 3.1% at $16.46 at last check. This comes right on the heels of Friday's failed rally, sparked by news that Tencent (TME) moved forward with an option, making it the majority shareholder in HUYA. Whi...Read More

Global Energy Metals (TSX.V:GEMC) is primed to take one of its flagship projects into the next stage of development after confirming "exceptional" metal re...Read full newsRead More

GM puts are all the rage latelyAs many experts estimate the COVID-19 pandemic will reach its peak in the U.S. this week, General Motors (NYSE: GM) asked its 600 suppliers to help manufacture medical masks by offering to share its manufacturing plans for producing personal protective equipment. GM is expected to produce 20,000 masks which will be ready to deliver by April 8. Plus, a Reuters report...Read More

J.P. Morgan Securities downgraded JBLU to "neutral" from "overweight"JetBlue Airways Corp (NASDAQ: JBLU) is up 7% to trade at $8.05 at last check. This comes amid a slew of skepticism and downgrades throughout the airline sector. J.P. Morgan Securities is increasingly convinced that the airline industry's road to recovery back to 2019 levels of output will be a multi-year affair. The analyst subse...Read More

The S&P 500 and Nasdaq are also up big at middayThe Dow Jones Industrial Average (DJI) is beginning the new week with fantastic strength, currently up over 1,000 points at midday. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are soaring as well, as investors remain hopeful amid reports of stabilizing hospital rates in the U.S. Building off this silver lining are reports from New York...Read More

Kraft Heinz said it will slow restaurant supply production, while ramping up output in its packaged food units Kraft Heinz Co (NASDAQ:KHC) announced that it has significantly decreased restaurant supply production at three plants, two in the U.S. and one in the U.K., in response to dwindling consumer demand, specifically in Europe. Meanwhile, Kraft said its packaged food units are working in three...Read More

Guggenheim upgraded EBAY from "neutral" to "buy"Ebay Inc (NASDAQ: EBAY) is joining in on the broad market rally today, up 4.5% to trade at $30.70 at last check. This comes after Guggenheim upgraded the "increasingly defensive" EBAY stock from "neutral" to "buy," citing the company's valuation and minimal inventory risk.Since mid-February highs just below $40, Ebay has careened to an annual low on...Read More

Gilead said it plans on producing 1 million treatment courses of its experimental coronavirus drug by the end of 2020Gilead Sciences, Inc. (NASDAQ:GILD) is up 1% to trade at $79 this morning after the drugmaker said it plans on ramping up production on its experimental coronavirus treatment remdesivir, to 1 million treatment courses by the end of the year. Currently 1.5 million doses of the drug,...Read More