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

Several analysts have cut their price targetsStitch Fix Inc (NASDAQ:SFIX) is down 30.6% to trade at $14.72 this morning, one of the worst stocks on the Nasdaq today and alreadyhitting a record low of $14.28. Though the company reported profits of 11 cents per share, higher than Wall Street's estimated six cents per share, the reported revenue of $451.78 million came in lower than the estimated 452...Read More

President Trump proposed a tax cut to combat the negative economic effects of COVID-19Stocks are recovering some of yesterday's historic losses in pre-market trading today, as the Dow Jones Industrial Average (DJI) signals a nearly 900 point open. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also eyeing a significant pop, after U.S. President Donald Trump proposed the idea of "a...Read More

Colombia, Ecuador and Peru all host prospective geological settings for mineral exploration. While they remain under-explored by modern-day standards, South America's reputation as an established mining destination gives a head start to companies looking to develop projects in these countries. Auryn ResourcesA geologist collects a sample at the Totora target on Auryn Resources' Sombrero copper pro...Read More

"Today had all the making of a classic relief rally across the global macro space until a spate of negative headlines threatened to morph the bounce from one of respite to that of the dead cat variety," Marex Spectron's Dee Perera said from the LME desk.European markets closed lower but Australasian and North American indices finished higher, with the S&P 500 gaining 4.9%.Futures were mixed.Me...Read More

Revenue for the quarter amounted to RUB64.6 billion (US$910 million), with sales of gem-quality diamonds up by 52% quarter on quarter to US$880 million.Read More

(IDEX Online)  - The MJSA Expo and JA New York Spring events have both been canceled at five days' notice, because of coronavirus fears in New York.The MJSA Expo, the longest-running jewelry trade show in the USA, which last year attracted 3,000 buyers, says it hopes to announce new dates soon.JA New York Spring, which attracts 600 jewelry brands, designers and suppliers, says it has two...Read More

(IDEX Online) - Star Diamond Corporation is to sue Rio Tinto over a joint venture, accusing it of "bad faith predatory practices".The two Canadian companies joined forces in 2017 to establish Star-Orion South, the first commercial diamond in Saskatchewan province.But Star Diamond, the smaller partner in the agreement, claims Rio Tinto has overspent on exploration, failed to share "any meaningful d...Read More

(IDEX Online) - Alrosa, Russia's leading diamond miner, today blamed weak demand for a 21 per cent drop in revenue and a 31 per cent slump in net profit for 2019.It released financial results days after announcing it would cut supply to match the falling demand due to the coronavirus epidemic.Sales were down 12 per cent because of "weaker demand in the rough and polished diamonds market," Alr...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesState copper company Codelco produced 118,600t in the month, 6.8% less than in the same period of 2019 and 36.8% lower than in December 2019 as output at its north division centred around Chuquicamata and El Teniente fell significantly.Production at the BHP-controlled Escondida increased 9.9% compared with a year ago to 100,900t, b...Read More

This episode features a keynote speech by Barrick Gold CEO Mark Bristow at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Bristow discusses how gold production is "teetering on the brink of a production decline" and how Barrick plans to circumvent the situation by developing 'Tier 1' mines and prospects. He also explains how ESG is becoming a major factor in inv...Read More

Copper Mountain Mining (TSX: CMMC) became the latest company to adjust its plans due to collapsing equity markets and near-term copper price uncertainty as a result of the rapidly spreading coronavirus (Covid-19).The Vancouver-based miner has revised its mine plan and schedule for its flagship asset, the Copper Mountain project in British Columbia, deferring a US$22 million capital spend by delayi...Read More

The group, who said combined they held at least 5% of MGX, cited concerns including the potential misuse of company funds and destroyed shareholder value, saying the share price had decreased from C$2Read More

State copper company Codelco produced 118,600t in the month, 6.8% less than in the same period of 2019 and 36.8% lower than in December 2019 as output at its north division centred around Chuquicamata and El Teniente fell significantly.Production at the BHP-controlled Escondida increased 9.9% compared with a year ago to 100,900t, but fell 4.5% from December. The Anglo American-controlled Collahuas...Read More

I hope you bought the VIX before yesterday's bloodbath. During morning trading, you couldn't even get a price on it. According to CBOE Global Markets, there was a complete absence of pricing from market markers.A CBOE Senior Trade Desk Specialist told Reuters that VIX options became tradable at 9:51 A.M. but no trades went through at all for a full seven minutes. There was no one on the other side...Read More

March 06, 2020 (ACCESSWIRE via COMTEX) -- CORAL GABLES, FL / ACCESSWIRE / March 6, 2020 / The top website for all things gold stocks, GoldStocks.com just...Read full newsRead More

U.S. shale producers on Monday rushed to deepen spending cuts and could reduce f...Read full newsRead More

U.S. shale producers on Monday rushed to deepen spending cuts and could reduce f...Read full newsRead More

The spread of the coronavirus has hit the entire London Metal Exchange (LME) bas...Read full newsRead More

The spread of the coronavirus has hit the entire London Metal Exchange (LME) bas...Read full newsRead More

It was oil's worst single-session drop since 1991The Dow cratered today by more than 2,000 points, as Wall Street continues to slog through one of the worst stock market crashes in history. The blue-chip index just turned in its worst day since October 2008 as plummeting oil prices and coronavirus concerns form a perfect storm of investor panic. The S&P 500 and Nasdaq also were walloped and turned...Read More