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

DAL options traders are targeting puts at a rapid rateNear the bottom of the New York Stock Exchange (NYSE) today are the shares of Delta Air Lines, Inc (NYSE:DAL), down 24.1% to trade at $24.10 at last check. The airline stock continues to struggle amid the spreading coronavirus and travel fears associated with the pandemic. Delta recently announced its bookings have fallen by more than 30% while...Read More

Another "limit down" was triggered this morning Amid uncertainty surrounding a fiscal response and the need for bailouts, the Dow Jones Industrial Average (DJI) is continuing to lose ground, down over 1,300 points at its session lows. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are both deep in the red too -- triggering another "limit down" trading halt before the bell -- amid the r...Read More

The automaker said it hopes to resume production on some of its higher profiting vehicles by early next monthWhile many companies are shutting their doors in response to the rapid spread of the coronavirus, Ford Motor Company (NYSE:F) said it plans on restarting production on some of its more profitable vehicles, such as its F-150 full-sized pickup, as early as April 6. The automaker also said it...Read More

BTIG raised DNKN from "neutral" to "buy" In an effort to protect its customers from the ongoing spread of COVID-19, Dunkin' Brands Group Inc (NASDAQ:DNKN) restaurants have began limiting their service to drive-thru, carry-out, and delivery only. Though U.S. restaurant stocks are falling between 5% and 30% on the broad-market coronavirus scare, DNKN was raised to "buy" from "neutral" at BTIG this...Read More

Target stock fell after it announced reduced store hours Target Corp (NYSE:TGT) announced it will reduce store hours across the U.S. in response to the coronavirus outbreak. In addition to the reduced hours, the retail giant will reserve the first hour of operation each Wednesday for "vulnerable guests," which primarily consists of older adults and those health concerns. In response, TGT shares ar...Read More

Dow futures are eyeing a steep early morning dropFutures on the Dow Jones Industrial Average (DJI) are headed toward an open deep in the red, with the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) following closely behind. Talks of the varying U.S. stimulus packages to aid the economy during the COVID-19 crisis also has Wall Street on edge, triggering a "limit down" halt in the indexes before...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional results from the winter 2020 drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Assays received from...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) announces that the Company has not been subject to material supply chain disruptions due to COVID-19 and continues to fulfill purchase orders, and has inventory ordered for Q2 delivery. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very fortunate to update that during these extremely trying times, our Q1 sales remain...Read More

Taking a look at how stocks and commodities have reacted during past bear markets A couple weeks ago, I wrote about a 10% correction for the S&P 500 Index (SPX). Now we've graduated to a 20% pullback, often referred to as bear market territory. This week, I'll go over prior bear markets to see how this one compares and hopefully it will give us insight into what to expect going forward.From High t...Read More

With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent the potential spread of the virus. At this time, these measures do not appear to have a major impact on project timelines for two pre-production companies focused on Eastern...Read More

National Bank advised SilverCrest the reason for the purported termination was based on the "disaster out" clause of the financing agreement due to the subsequent sharp decline in the explorationRead More

Under normal circumstances no-one in mining would complain about discounted diesel in the pits, or lower energy costs for processing plants, but these are far from normal times.Read More

The main aim of the consortium is to collectively help to eliminate the obstacles to the adoption of green hydrogen technologies and encourage innovative application.The goal is to identify opportunities to develop green hydrogen technologies for the resources sector and other heavy industries, and provide a mechanism for suppliers and operators to contribute to and engage with these development a...Read More

He said the department's health and safety inspectorate, working with the mining companies and labour unions were on "high alert" and testing the level of preparedness.South Africa had 62 confirmed COVID-19 cases, 11 new, the World Health Organisation said yesterday.After meeting with the Minerals Council South Africa leadership, Mantashe said a 10-point plan had been developed, in line with healt...Read More

(IDEX Online) - Online trading will help the diamond industry ride the Covid-19 storm, the president of the World Federation of Diamond Bourses said today."We are fortunate that both ecommerce and digital platforms have developed to quite an extent; they can be the vehicles for business in these times of social distancing," said Ernie Blom, president of the federation, which represents 30 bourses...Read More

(IDEX Online) - India's diamond bosses have voted unanimously to carry on working, despite fears over the Covid-19 pandemic.Stakeholders rejected proposals for a 15-day shutdown in Surat, the world's cutting and polishing capital, which employs 550,000 workers.Factory owners in Surat pledged instead to take precautions - hand sanitizers, face masks and regular screening of the diamond wo...Read More

(IDEX Online) - JCK Las Vegas, the biggest jewelry show in North America, has been postponed.Organizers say it's a "precautionary measure" to prevent the spread of the coronavirus.Two weeks ago, they announced that the event, which attracts over 30,000 of the world's most influential industry professionals, would be taking place as planned from 2 to 5 June at the Sands Expo & Convent...Read More

ASX-listed Lucapa Diamonds has recovered a top-quality 64 ct D-colour Type Ila diamond at the Mothae project, in Lesotho.The 64 ct diamond is the twelfth diamond larger than 50 ct recovered at the mine since commercial production started in January 2019.AdvertisementThis recovery “underlines Mothae’s status as a source of large and premium-value diamonds,” Lucapa said in a releas...Read More

Canada’s Mountain Province Diamonds said on Tuesday that its current sale had been postponed until further notice, as a result of the city-wide closures taking effect in Antwerp, Belgium this week.The sale is the company’s third diamond sale of the year. Mountain Province cautioned that, depending on the length of the closure period imposed, future sales could also be impacted.Advertis...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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineMilitary personnel have been deployed in capital Lima to shut major roads, while police are restricting...Read More