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

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

Emgold Mining Corporation announces that, subject to regulatory approval, it has retained futurum bank AG?,,? to initiate market-making services.Read full newsRead More

Stocks are rallying midday on the back of the $2 trillion emergency stimulus bill passed late last night Falling back earlier following this morning's modest rally, the Dow Jones Industrial Average (DJI) is now seeing a resurgence, up over 800 points midday thanks to boosts from Boeing (BA) and Nike (NKE), the latter surging on an earnings beat. The S&P 500 Index (SPX) and Nasdaq Composite (IXI...Read More

The Canadian miner is studying options to maintain control.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

Target decided to withdraw its first-quarter and full year forecast Target Corp (NYSE:TGT) CEO Brian Cornell announced the company will be withdrawing its guidance for the first quarter and fiscal year due to the economic impact caused by the coronavirus pandemic. The big-box retailer also delayed plans to remodel hundreds of stores to instead focus on providing food, medicine and other essential...Read More

Pelaton's top investor Wellington Management sold $100 million worth of sharesPeloton Interactive Inc (NASDAQ:PTON) is down 0.8% to trade at $24.36 at last check, despite "stay at home" stocks rising amid the global pandemic as fitness clubs close. Weighing on the shares today are SEC filings that show Pelaton's top investor Wellington Management sold 4 million shares at varying prices worth abou...Read More

Piper Sandler upgraded HSY to "overweight" from "underweight" Hershey Co (NYSE:HSY) is getting a boost this morning, up 3.4% at $4.08 after Piper Sandler upgraded the packaged foods producer to "overweight" from "underweight," and hiked its price target to $138 from $134 -- a 13% premium to last night's close. The analyst said Hershey will likely benefit from the heavy amount of retail traffic and...Read More

Put options have been popular on the FAANG nameMost Americans are stuck inside with nothing to do, so social media and internet use has ballooned. All these extra eyeballs means increased traffic for social media powerhouse Facebook, Inc. (NASDAQ:FB), which said its platform use has spiked since the virus outbreak triggered quarantines across the country. However, Facebook also noted that its ad...Read More

A U.S. emergency stimulus package was reached late last nightDow Jones Industrial Average (DJI) futures are eyeing modest gains this morning following last night's wild surge, with all eyes onthe $2 trillion stimulus package negotiations that were finally agreed upon late last night. Republican Senate Majority Leader Mitch McConnell called the stimulus package "a war time level of investment in o...Read More

A look at how the COVID-19 stock market crash is affecting stocks' historical volatility What else is there to talk about but the huge swings in the stock market lately? As with most other stats I've written on recently, what we're seeing is nearly unprecedented. The 21-day historical volatility (HV) on the S&P 500 Index (SPX) is at 87%. The only two times in history where this was surpassed were...Read More

Radius Gold (TSXV: RDU) has signed an option agreement to acquire a 100% interest in Plata Verde, a 3-sq.-km property north of its flagship Amalia gold-silver project in the state of Chihuahua, Mexico.Plata Verde is located on the site of a historic and undocumented underground mining operation from the 1800s that Radius Gold discovered in January 2020. The project is east of the historic Batopila...Read More

The Yukon-focused company has signed an underwriting agreement with a syndicate led by Cormark Securities and Cantor Fitzgerald Canada to sell the shares.The company, which is awaiting a water permit for its Keno Hill project, has also given the underwriters an overallotment option for 30 days following closure that could take the total raised to $8.6 million.Alexco said it would use the proceeds...Read More

The lockdown starts at midnight Thursday, but businesses essential for the maintenance of power generation are exempt.South32 said it was working with government to determine the impact of the exemption on its South African Energy Coal and South African Aluminium divisions, given they play a role in Eskom's generation network.The company has started planning for its South African Manganese busines...Read More

"The underlying mining and cement industries remain sound but given the day-to-day development in markets around the world, we are currently unable to assess the extent of the impact," the company said."The activity level for the group at the beginning of 2020 was similar to 2019, and in addition we have booked three large mining orders with a combined value of around 2.4 billion Danish krone."We...Read More

The coronavirus, and the actions being taken by governments to stem its spread, can be found behind a remarkable split which has seen the South African government force the closure of its miningRead More

(IDEX Online) - Canadian miner Mountain Province has reported further losses - CAD128.8m ($89.9m), as demand for rough dropped.The 2019 figure was well down on the CAD18.9m loss ($13.2m) for 2018, largely as a result of a non-cash impairment loss on property, plant and equipment of CAD115.8 million ($81m).That was ins spite of an "exceptional year of production" in 2019 at its Gahcho Kue, in North...Read More