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

Steppe Gold (TSX: STGO) is on track to produce 60,000 oz. gold this year at cash costs of US$500 per oz. from its heap leach mine in Mongolia, after starting ore processing on March 25.The junior has mined, crushed and stacked 533,000 tonnes of mineralized material at a grade of 2 grams gold per tonne on its leach pad at the mine, 660 km east of Ulaanbaatar.Steppe Gold is completing a feasibility...Read More

London-listed Petra Diamonds has, in accordance with what the Department of Minerals Resources and Energy expects from miners during South Africa’s 21-day lockdown period, scaled down its operations.The diamond miner advised on March 27 that it had scaled down operations to operate at a minimum level to maintain the underground block caves.AdvertisementThe company has four operating mines in...Read More

Gold-buyers have a problem...Supplies are drying up. For one thing, mining operations, like many other businesses, are closing due to the Coronavirus.You simply can't have all those people huddled together inside a mine in this day and age.So, South Africa said that it would shut down all but a few necessary mines for at least three weeks. Canadian mines in major jurisdictions like Northern Queb...Read More

Publisher's Note: We've been cranking out the content for you during this pandemic. Infection rates, deaths, markets... and governments' response to it are still changing in real time. All members of our paid services have been receiving briefs like these from our editors.I did one for you last week that you can find here. And because developments are happening so rapidly, I thought it best to sen...Read More

There is an old saying in Hindi "Jab tak hai sona roona kaabhi nahi roona". This is means that if you and your family own lots and lots physical gold (sona), they will never face any financial hardship in life. Forget the dash for cash. It is now the dash for physical gold. It is the dash for physical silver. You cannot buy gold. You can buy physical silver. Indians can buy silver July futures....Read More

There is an old saying in Hindi "Jab tak hai sona roona kaabhi nahi roona". This is means that if you and your family own lots and lots physical gold (sona), they will never face any financial hardship in life. Forget the dash for cash. It is now the dash for physical gold. It is the dash for physical silver. You cannot buy gold. You can buy physical silver. Indians can buy silver July futures....Read More

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

BNN Bloomberg speaks to Peter Grosskopf, CEO of Sprott about gold mining M and A and why he thinks we're seeing the beginning of a wave of deal-making. He also thinks gold is on its way higher and investors should own gold right now.Read full newsRead More

(Bloomberg) -- From South Africa's ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main-street sellers of coins: the global gold market is being tested like never before.The cracks are starting to show.Worldwide panic over the coronavirus outbreak andRead full newsRead More

Stocks shrugged off historically high jobless claimsThe Dow picked up its third straight win today, the first time it has done so since Feb. 6. The blue-chip index once more sprinted across the finish-line today and has now gained over 20% in the last three days. The S&P 500 and Nasdaq both finished comfortably in the black as well,shaking off an ugly weekly jobless claims report while traders an...Read More

There will also be updates on the coronavirus outbreak to monitorIt will be April next week, with many investors probably hoping April Fools Day erases the last two months on Wall Street. There's plenty to unpack, as Wall Street continues to slog through a coronavirus-induced slowdown. Jobs data will take center stage, with the ADP employment report on Wednesday and nonfarm payrolls data capping...Read More

Slack Technologies has gained 9,000 customers so far in MarchSlack Technologies Inc (NYSE: WORK) is up 10.9% to trade at $28.72 at last check. This comes after the news that so far in March, the average use of the team communication tool has increased by 20% and gained 9,000 paid customers. The pandemic pushing people to work remote has attracted much more attention to Slack, and in the past week...Read More

Cronos is expected to report earnings next MondayWith its quarterly earnings report due out after the close next Monday, March 30, options bulls have started paying attention to marijuana concern Cronos Group Inc (NASDAQ:CRON). So far, 29,000 calls have crossed the tape, which is double what's typically seen at this point, compared to 2,916 puts. Most of this bullish attention is being focused at...Read More

U.S. stocks moved higher at the start of trade Thursday, following the Senate's approval the massive stimulus bill late Wednesday night. The Dow Jones...Read full newsRead More

...what we are now witnessing is completely unprecedented.Read full newsRead More

Stocks are expanding their streak today as measures continue to be taken to combat the economic effects of the coronavirusWhile a record spike in weekly jobless claims put the Dow Jones Industrial Average (DJI) underwater this morning, the blue chip index has more than made up for the dip, rising over 1,000 points by the midway mark. The blue chip index is now eyeing its third-straight win, joi...Read More

Markets are closed on Friday, but there will still be some economic data to unpackThe first full week of April will be relatively scant, with markets closed on Friday for the Easter holiday. There will be just a sprinkling of of economic data for traders to digest throughout the week, including the Job Opening and Labor Turnover Survey (JOLTS) and the Federal Open Market Committee's (FOMC) latest...Read More

Ariana Resources (LSE:AAU) enjoyed a 10% lift on Thursday morning after announcing a watershed dividend payment from one of its subsidiaries. The Turkey-fo...Read full newsRead More

No less than three analysts have cut their price targetsTarget Corp (NYSE:TGT) is pushing through bear notes today, up 2.6% to trade at $93.44 this morning. Yesterday, Target withdrew its first quarter and fiscal year forecast due to the pandemic and delayed its remodeling to help with supplies for those who need it. Today, no less than three analysts have cut their price targets -- the lowest co...Read More