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

On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the spread of COVID-19.With governments from Africa to Latin America issuing lockdown orders, disruptions to operations and supply chains are affecting the outlook for industrial and precious metals. Most of the majors have now announc...Read More

DynaCERT (TSX: DYA), a Toronto-based company, has developed a technology called HydraGEN that could significantly reduce emissions by improving the performance and fuel efficiency of diesel engines used in mining machinery and equipment.The HydraGEN technology is about the size of a suitcase for use in trucks, with larger models for use in more significant mining machinery and equipment, and the c...Read More

The following is an edited report from the World Gold Council, release on March 19, 2020. For the full report visit www.gold.org.Like most asset classes, gold is being affected by the unprecedented economic and financial market conditions in play around the globe. We believe that recent volatility in the gold price has been driven by massive liquidations across all assets, and likely magnified by...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 resourcesThe convenience of one provider with pay-as-you-need flexibilitySPONSOREDmicromineWithin barely a few weeks, even some hitherto fervent small-government adherents have turned full circl...Read More

Russian miner Alrosa has launched a digital tender for special size rough diamonds weighing more than 10.8 ct.The miner decided to cancel the upcoming special size auctions, simultaneously offering customers the opportunity to take part in a digital tender if they need rough diamonds.AdvertisementThe digital tender allows customer to buy diamonds despite current travel restrictions imposed between...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesWith the virus halting industrial output in China, copper consumption took a hit in the first quarter with demand down 14% year-on-year during the quarter, according to research from BMO CapitalRead More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesPolyMet and the Department of Natural Resources (DNR) had petitioned the Supreme Court in February to overturn the lower court's January 13 ruling, which remanded the three permits to the DNR for a contested case hearing."The court of appeals' interpretation of the statute creates tremendous uncertainty for companies who want to in...Read More

Let's talk a little bit about what is "essential" to function in our society during times of unrest...My grandma always told me: "Jimmy, all you need in life is food, clothes, and shelter." That sounds awfully quaint these days, but it is capital-T True.Call me old-fashioned, but I would start the "essential" debate with hospitals, pharmacies, and grocery stores. But after living through a few w...Read More

Why is there such a huge gap between spot price and future price in gold/silver?1. Mines are closed or closing. There will be no new supplies.2. Global lockdown is preventing physical gold and silver to be transferred from one nation to another. 3. Lack of alternate safe investment avenue and availability of free money to fund managers and large corporates has resulted in shor...Read More

Why is there such a huge gap between spot price and future price in gold/silver?1. Mines are closed or closing. There will be no new supplies.2. Global lockdown is preventing physical gold and silver to be transferred from one nation to another. 3. Lack of alternate safe investment avenue and availability of free money to fund managers and large corporates has resulted in shor...Read More

The Dow Jones Industrial Average saw its gains firm Wednesday midday, helping the blue-chip index find purchase above the psychologically significant level...Read full newsRead More

Oil logged its third straight winThe Dow capitalized on yesterday's historic gain with another win today, its first set of back-to-back wins since Feb. 6. The blue-chip index climbed over 1,100 points at its session highs, thanks in part to big days from both Boeing (BA) and Nike (NKE). However, the Dow came off its highs in last-minute trading, amid a possible impasse with the stimulus bill betw...Read More

The SPX is still up 11.5% a year annualized off its 2009 bottomIt's been an absolute bloodbath on Wall Street the last two months, there's no sugarcoating it. How bad is it, actually? Well, after Monday's historic drop, it was the sixth largest pullback for the S&P 500 Index (SPX) going back to 1928, according to Schaeffer's Senior Quantitative Analyst Rocky White. However, stocks have made a bit...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Morgan Stanley upgraded from "equal-weight" to "overweight"Virgin Galactic Holdings Inc (NYSE:SPCE) is up 6.9% to trade at $17.45 at last check. The aerospace company was upgraded to "overweight" from "equal-weight" by Morgan Stanley, who believes the company has a healthy enough cash position to navigate the near-term discord. However, Morgan Stanley also cut its price target to $24 from $30 due...Read More

KeyBanc upgraded KB Home to "overweight" from "sector weight"Homebuilding concern KB Home (NYSE:KBH) is enjoying an impressive day of gains, up 22.2% at $19.08 this afternoon following an upgrade to "overweight" from "sector weight" from KeyBanc. The analyst maintained its $25 price target. KeyBanc's bull note comes right ahead of KBH's first-quarter earnings report, which is due out after the clo...Read More

Red Rock Resources (LSE:RRR) has said it sees " upside potential rather than a potential for more downside surprises" as the world continues to move throug...Read full newsRead More

Sirios announces the temporary suspension of all its exploration field work, in compliance to the directives of the Quebec government.Read full newsRead More

Steppe Gold Limited is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia.Read full newsRead More

Customers must sell their gold, silver and platinum this week. Otherwise, ABN Amro will do that for them...Read full newsRead More