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

The CSE welcomed FSD Pharma Inc. (CSE:HUGE) to open the market on March 6th at the CSE Media Centre. It was a pleasure to have them celebrate this Market Ope...Read full newsRead More

There's a lot of optimism surrounding BZUN to be unwound Just yesterday, Jefferies trimmed its price target on Chinese e-commerce company Baozun Inc (NASDAQ:BZUN) to $36.60 from $39. And although BZUN is up 2.6% to trade at $25.93 today, the stock's technical picture is currently worth digging in to.In the last week, Baozun stock has seen new resistance emerge at its -20% year-to-date level after...Read More

Major indexes are in the black as congress promises a quick decisionExpanding off its early morning surge, the Dow Jones Industrial Average (DJI) is up around 1,500 points midday, driven heavily by outperforming Boeing (BA), American Express (AXP), and Chevron (CVX). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also making sizable gains, after yesterday falling to multiyear lows along...Read More

Bernstein upgraded SPOT to "market perform" but slashed its price target Shares of music streaming specialist Spotify Technology SA (NYSE:SPOT) are up 8.4% at $128.50 mid-morning, as traders react to a note out of Bernstein. The analyst upgraded SPOT to "market perform" from "underperform," and cut its price target to $124 from $134. Bernstein noted that while Spotify's stock value has seen a siza...Read More

Twitter just withdrew its first-quarter guidance Twitter Inc (NYSE:TWTR) is in the spotlight this morning after deciding to withdraw its first-quarter revenue and operating forecast amid the growing economic effects of the coronavirus pandemic. The social media giant said the outbreak has negatively effected ad sales, though the number of active users on the platform has increased. The stock is tr...Read More

Amazon stock rose after it announced it would be cracking down on sellers attempting to price gouge during the pandemic.While the global economy continues to reel and people fear the availability of certain everyday items in the wake of the coronavirus pandemic, Amazon Inc (NASDAQ:AMZN) announced it has removed over 3,900 accounts it has flagged for price gouging. Additionally, Amazon has removed...Read More

The information and analysis services stock was oversold going into todayIHS Markit Ltd (NYSE:INFO) is up 15.1% to trade at $52.43 this morning following an earnings beat. The information services company reported adjusted first-quarter profits of 66 cents per share, higher than Wall Street's anticipated 64 cents per share. The reported revenue of 1.08 billion was right on par with IHS Markit's es...Read More

Schumer and Mnuchin are optimistic that an stimulus bill agreement will soon be reached Dow Jones Industrial Average (DJI) futures are swinging higher in early market trading, up over 900 points before the bell. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are seeing sizable swings of their own, with all three indexes hitting their "limit up" earlier. This morning's market sur...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has joined the Chicago-based COVID-19 Innovation Coalition to offer advanced Supply Chain services, technical resources, and relevant logistics expertise to suppliers and health care providers facing unprecedented demand amid the Novel Coronavirus outbreak.The COVID-19 Innovation Coalition is a network of entrep...Read More

US Fed promised to pumpRead full newsRead More

MONTREAL - A $1-billion deal to combine two Montreal companies with West African gold mining operations was met with sharply divergent reactions from their shareholders on Monday. Stock in Endeavour Mining Corp. closed at $20.05, down $1.60 or 7.4 per cent, on the Toronto Stock Exchange after it announced the deal to acquire Semafo Inc. - the stock traded as low as $17.50, down 19.2 per cent, earl...Read More

The Dow Jones Industrial Average rose 11.37%, its biggest one-day percentage gain since 1933, Reuters reported.The S&P 500 closed up 9.38%, the FTSE 100 rose 9.05%, Japan's Nikkei 225 gained 7.13% and the S&P/TSX Composite Index was up 11.96%.The gold price has zig-zagged higher in the past 24 hours.It's leapt up from below US$1,600 an ounce on the spot market to head towards $1,700/oz bef...Read More

Iron ore prices slumped to levels not seen since early February on Monday, with benchmark 62% Fe fines closing at $80.20/tonne."We are not yet looking at a glut of seaborne iron ore. But risks are escalating, and the balance is tilting towards a bigger hit to iron ore demand than supply," said Wood Mackenzie research director Paul Gray.Gray said his firm's analysis showed prices should gravitate t...Read More

Rio will curtail production at Richards Bay Minerals by midnight on Thursday. The titanium operation was previously suspended for five weeks late last year due to security issues.Read More

The overall price of polished diamonds has dropped two per cent since 1 March, according to the IDEX Diamond Index. The most dramatic downward movement came last Thursday (20 March) when Indian exports were halted and the reality of coronavirus lockdowns worldwide hit home. The market-driven IDEX Diamond Index for stones of all sizes shows prices levelling slightly on Sunday and Monday (...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa is set to receive its first A$7-million in revenue from its cutting and polishing partnership at the Lulo mine, in Angola.The company on Tuesday said that the first A$2.6-million payment will make up Lulo’s share of cutting and polishing profits from diamond manufacturer Safdico International with a further A$4.4-million from the sale of...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesChile, which accounts for 28% of global copper mine supply, has entered a "state of catastrophe", with a number of mines shut down in response.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 flexibilitySPONSOREDmicromineIn an open letter to workers, he said the price decline and impact of the Covid-19 virus was "drastical...Read More

Xanadu will manage exploration at the Red Mountain joint venture, with the agreement not covering the Xanadu's flagship Kharmagtai project 265km to the west where 1.9 million tonnes of copper and 4.Read More

This episode features the second part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Friedland discusses how the anti-microbial qualities of copper can help eliminate superbugs, such as the coronavirus, and will be needed in places such as hospitals and cruise lines. He also warns about an i...Read More