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 brokerage bunch is still bullish on AMATIt's been quite a day for Apple (AAPL) supplier Applied Materials, Inc. (NASDAQ:AMAT). The stock opened lower out of the gate, only quickly pare those losses and pivot higher. At last check, AMAT was up 2.7% to trade at $39.96, but still faces a steep uphill climb out of its 2020 losses.More specifically, Applied Materials stock is down 34% year-to-date...Read More

Peloton's 40-day moving average has acted as pressure on the charts since early FebruarySince plummeting past the $18 region late last week, shares of Peloton Interactive Inc (NASDAQ:PTON) have been huffing and puffing -- trying to gain any sort of traction as markets become increasingly volatile. While the equity managed to string together four straight wins since last week's selloff, a price tar...Read More

Laurion Mineral Exploration announced that it is proposing to complete a flow-through and non flow-through private placement on a non-brokered basis.Read full newsRead More

Stocks fell toward deeper lows this morningAfter a morning deep in the red for major indexes, the stock market is making a swing higher midday. The Dow Jones Industrial Average (DJI), down over 700 points at its session lows, is up 270 points at last check. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also in the black, boosted by FAANG giants Facebook (FB) and Netflix (NFLX). April-da...Read More

No fewer than nine analysts have lowered their price targetsDiscount retailer Five Below Inc (NASDAQ:FIVE) is surging 7.5% at $57.62 this morning, climbing on the heels of an impressive quarterly report, though earlier it bottomed near $47.53. The retail company posted earnings of $1.97 per share, higher than Wall Street's estimate of $1.94. However, the company's reported revenue of $687.13 milli...Read More

The reason for Hertz's bounce-back isn't clear Hertz Global Holdings Inc (NYSE:HTZ) seems to be skipping out on the selloff the car rental sector is currently experiencing as restrictions put in place amid coronavirus concerns severely limit travel. The stock is now up 17.46% at $3.97, though the reason for this massive pop is not quite clear. This surge comes just one day after the equity hit an...Read More

CARS stock has dropped spectacularly as consumers assess needs during the crisisAs the coronavirus pandemic continues to ravage the global market, consumers still have transportation needs for the time being. However, that hasn't helped Cars.com Inc (NYSE:CARS) which sits near the bottom of the New York Stock Exchange (NYSE) today, without any clear catalyst. Currently, CARS shares are down 15% t...Read More

Weekly jobless claims soared past Wall Street's expectations Dow Jones Industrial Average (DJI) futures are sliding toward even more steep losses today, following the index's first close below 20,000 in over three years last night. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also exploring even more lows this morning, while the 10-year Treasury yield continues to surge....Read More

MONTREAL, March 17, 2020 /CNW Telbec/ - MONARCH GOLD CORPORATION ('Monarch' or the 'Corporation') (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is ...Read full newsRead More

Lost amid concerns about the COVID-19 coronavirus outbreak that has dominated headlines for weeks was news that the China National Space Administration (CNSA) has achieved a milestone in lunar exploration, one that could have great potential for prospecting and, eventually, mining on the Moon.CNSA's Lunar Exploration Program, also known as the Chang'e project (after the Chinese Moon goddess of the...Read More

First Cobalt (TSXV: FCC) has announced that the feasibility study on an expansion of its Ontario refinery will be complete in the coming weeks. It is also in discussions with potential automotive off-take partners looking for a North American source of refined cobalt sulphate.The company is also completing a prefeasibility study on a restart of the refinery."We are in the final stages of a feasibi...Read More

The company proposed the change in January, "to best reflect the company's focus on developing its Pulacayo silver project in Bolivia", along with a possible share consolidation of one for every 5-10Read More

It's now a $9.5 billion company (US$5.4 billion), with the market crash knocking 38% of its value since the Covid-19 coronavirus panic got going on January 22.Read More

Mitchell generates roughly 90% of revenue from drilling for tier one producers with long life, low-cost mine sites.Read More

Share this articleTORONTO - Agnico Eagle Mines Ltd. says it's sending its local workforce home from its Nunavut mining operations for four weeks to protect them and their communities from the potential spread of the COVID-19 outbreak as the territorial government declares a public health emergency.The Toronto-based gold miner says it will continue to pay those workers and it's meeting with its co...Read More

(IDEX Online)- Lucapa has recovered a top-quality 64-carat from its Mothae kimberlite mine in Lesotho.The Australia-based miner says it's a D-colour Type IIa gem. It brings to 12 the number of +50 carat diamonds recovered from the mine since commercial production started in January 2019. There have also been three +100 carat diamonds from Mothae, which yielded over 30,000 carats in...Read More

JSE-listed Basil Read’s mining arm Basil Read Mining subsidiary Blasting and Excavating (B&E)has entered into a partnership with India- based original-equipment manufacturer (OEM) Revathi Equipment and other local partner Paramount Tracks to acquire several C650 autonomous drills.“We are taking a step forward to introduce specialised technology to limit safety risks for our most im...Read More

(IDEX Online)- Canadian miner Mountain Province Diamonds has postponed its March sale of rough stones because of coronavirus.Antwerp, where it sells its stones, is today introducing drastic measures to halt the spread of Covid-19, which include the closing buildings and commercial sites.Mountain Province reported an "exceptional year of production" in 2019 at Gahcho Ku?? (C), in Northwest Territor...Read More

London-listed Gem Diamonds has had to cancel its Letšeng large tender, owing to travel and other restrictions imposed by various governments, including in Belgium, where the tender would have been held from March 16 to 25.In its place, Gem has launched a “flexible direct sales process” for these large and high-quality diamonds that had seen significant demand during the tender v...Read More

(IDEX Online) - AGS Laboratories has suspended all diamond grading for a month, because of coronavirus.The facility in Las Vegas, Nevada, has been forced to close in a bid by the state governor to halt the spread of Covid-19.All "non-essential businesses" are included in the closure order, which became effective yesterday and which will remain in place for at least a month.The lab, founded in 1996...Read More