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

No fewer than three analysts have raised their price targets CrowdStrike Holdings Inc (NASDAQ:CRWD) is up 17.5% to trade at $49.06 this morning after reporting a fourth-quarter loss of two cents, higher than Wall Street's estimated eight cent loss. CrowdStrike's reported $152.11 million in revenue also came higher than expected, causing no less than three analysts to raise their price targets, inc...Read More

Wedbush downgraded GME to "neutral" from "outperform" Video game retailer GameStop Corp (NYSE:GME) has reversed course this morning, down 7.4% to trade at $3.88, after Wedbush downgraded the equity to "neutral" from "outperform" and slashed its price target to $4.25 from $8. This comes just one day after, according to a report from Kotaku, the company called itself "essential retail" in a memo to...Read More

Volkswagen will raise the amount of nickel used in it electric car battery cells...Read full newsRead More

Apple is limiting iPhone purchases to two per customerIn response to the economic impact the coronavirus pandemic has had on the supply chains, Apple Inc (NASDAQ:AAPL) announced iPhone purchases from its online stores will limit customers to purchasing two handsets per person. Apple recently closed all of its brick-and-mortar stores outside of China and was handed a hefty fine -- over $1 billion -...Read More

A weakening dollar and a resilient tech sector are giving stock futures a boost this morning Dow Jones Industrial Average (DJI) futures are yet again attempting a rebound, hitting a "limit up" earlier this morning as extreme market volatility continues to be the new normal on Wall Street. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also making sizable gains, as investors...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

Carvill said Kenmare was currently loading a 60,000 tonne vessel with material destined for three customers in China.Read More

Share this articleCALGARY - Canada's oldest diamond mine is being shut down to protect workers and local communities from the spread of the COVID-19 pandemic.Calgary-based Dominion Diamond Mines ULC says in a message on its website that none of the employees at its Ekati Diamond Mine about 300 kilometres northeast of Yellowknife in the Northwest Territories has tested positive to date.But it says...Read More

Share this articleTORONTO - New Gold Inc. is closing its Rainy River Mine near the U.S. border in western Ontario for two weeks so that its workers can follow the 14-day self-isolation period recommended for those who have travelled outside Canada.The Toronto-based mining company says about 70 per cent of the workforce at the mine near Fort Frances are local residents and many of them make fr...Read More

Share this articleVancouver-based Lithium Americas Corp. says it has suspended construction activities at its US$565-million lithium project in Argentina in accordance with government-mandated restrictions in response to the COVID-19 pandemic.CEO Jon Evans says the company is in the process of "demobilizing" its construction workforce of more than 1,000 people.He says the 40,000-tonne-per-annum...Read More

Drilling solutions provider Lesedi Drilling & Contract Mining, in collaboration with its subsidiary, drill bit supplier Thriftline, has developed a removable reaming shell for its diamond drill bits, which the company believes will significantly reduce drilling consumable expenses.The reaming shell – a permanent fixture on standard drill bits – ensures that the bore hole size remai...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe hit of 542m grading 0.5% copper and 0.2 grams per tonne gold included an interval of 218m grading 0.7% copper and 0.2gpt gold from 616m.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 flexibilitySPONSOREDmicromineThe PDAC conference in Toronto began barely three weeks ago at the start of March, but must feel like a...Read More

BHP will make immediate payments of outstanding invoices. The accelerated payment program is expected to deliver about A$100 million more quickly into the hands of the company's small business partners.BHP will reduce payment terms to seven days from 30 days for more than 1,100 small Australian businesses from next week.BHP CEO Mike Henry said the company was taking action to reduce the risk of tr...Read More

The mandatory social isolation declaration significantly and immediately restricts travel through to March 31.Yamana Gold is implementing a partial demobilisation of its workforce at its Cerro Moro mine in Santa Cruz. The company will reduce underground operations and operate largely from its openpit and from stockpiled material. It plans to maintain plant operations during this period.Employees a...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesPresident Martin Vizcarra announced emergency measures which include 15 days of obligatory self-isolation, closure of the country's borders and a temporary end to international flights.In recognition that not all aspects of mining operations can be stopped, the Ministry of Energy and Mines has given miners a partial exception allow...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesDiversified miner Anglo American said it was implementing a controlled reduction of activities over 72 hours at its Los Bronces mine and other operations.Read More

Global diversified miner Anglo American has announced measures it is implementing across its mining and corporate operations in light of the Covid-19 outbreak.CE Mark Cutifani on Friday said the measures were tailored to the specific nature and location of a particular site to protect the wellbeing of staff and those who interact with the business around the world.AdvertisementAnglo has put in pla...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 flexibilitySPONSOREDmicromineRead the magazine-format edition of Mining Journal online.Read More

I'll confess I was scared there for a minute.There's a restaurant across the street from my house and I'm friendly with the owner. When things started to go sideways last Friday I asked him how his business was holding up. He told me he was already hurting and had no idea how he'd cope if they shut down restaurants and bars. His waitstaff, kitchenstaff, and bartenders were worried too. Most of th...Read More