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

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDAs now seems to be the form each week, here's my little comment on Covid-19 before I venture into my usual irrelevant tangent.Read More

Diamond miner De Beers earned $355-million from the sale of rough diamonds in its second sales cycle of this year.CEO Bruce Cleaver on Wednesday noted that, in response to improved demand for rough diamonds during the first sales cycle, the company, recognised the impact of the Covid-19, or coronavirus, outbreak on customers focused on supplying the Chinese market and put in place additional targe...Read More

(IDEX Online ) - Alrosa has launched a website for its new Luminous Diamond brand, as it seeks a new market for the lower-value fluorescent stones.The Russian state-owned diamond mining company says the first jewelry pieces will be available for sale later this year, although no date has been fixed.It describes them on its website as having "inner light".Fluorescent diamonds lose 15 to 35 per cent...Read More

The coronavirus is allowing the stock market to reflect some of the economic and monetary problems that have been simmering under the surface. It's not going to cause millions of deaths and mass panic. But it is going to slow the global economy. And in that respect, it could end up being the prick this bubble was looking for. The impacts are already severe and their full effects won't be felt f...Read More

GoldMining Inc. announces the completion of its previously announced indirect acquisition of the Almaden Gold Project.Read full newsRead More

Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More

Audience was unimpressed but Bristow was composed.Read full newsRead More

All three indexes turned in losses of 2% or moreStocks were trounced once again today, even after the emergency efforts from the Federal Reserve. Despite a triple-digit surge out of the gate this morning, the Dow finished 786 points lower, exacerbating its losses after the central bank cut interest rates by half a percentage point in an effort to aid slower economic growth amid the coronavirus out...Read More

Taking a look at Wall Street's reaction to the M&A buzz surrounding Forty SevenDrugmaker Forty Seven Inc (NASDAQ:FTSV) hit yet another all-time high of $94.68 today, and was last seen up 0.3% at $94.22. This comes just one day after its impressive 61% surge during yesterday's trading -- sparked by news that Gilead Sciences (GILD) agreed to purchase the company for $4.9 billion, or $95.50 per share...Read More

Some traders might be betting on more downside in the coming weeksTwo straight weeks in this space we've looked at individual stock charts, but the chaotic market conditions recently have made it fairly difficult to "pinpoint" any real trends among many individual equities or exchange-traded funds (ETF). Instead it may be more helpful to take a broader view of the trading activity we've seen, incl...Read More

The Fed's surprise rate cut comes in the wake of economic coronavirus headwindsThe Dow Jones Industrial Average (DJI) is off over 555 points midday, as Wall Street digests the Fed's decision to make an emergency rate cut by half a percentage point, to ease the impact of coronavirus-related economic headwinds. This news is devastating the financial sector, with some investors initially pricing in a...Read More

A brutal quarterly report loss caused Tilray's stock to plunge furtherTilray Inc (NASDAQ:TLRY) reported its earnings last night and its shares seem to be in for a dismal day as a result. The cannabis supplier reported a fourth-quarter loss of $1.02 per share, much steeper than the estimated loss of 35 cents. TLRY's reported revenue of $46.94 million also arrived much lower than anticipated $55.38...Read More

INO is nearing its Jan. 27 annual highAs coronavirus panic grips the world, there's a scramble among drug companies to develop a vaccine as soon as possible. One such name is Inovio Pharmaceuticals Inc (NASDAQ:INO). After biotech accelerated its coronavirus vaccine development, INO's stock is up 19.2% to trade at $5.23 this morning. The company plans on starting human trials by April in the U.S.,...Read More

TGT is down 16.5% year-to-dateTarget Crop (NYSE:TGT) has been in sell-off mode since last week's broad-market pullback. Shares of the retail giant are continuing the trend today, down 2% at $106.88, after battling the falling demand for toys and electronics. This, paired with competition the brick-and-mortar retailer is facing amid a consumer-base that leans toward e-commerce, pushed the company t...Read More

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") today announced that it has entered into a definitive agreement with the shareholders of Shepherd Thermoforming & Packaging Inc., ("Shepherd") a leading thermoformer with over 35 years' experience, to acquire 100% of Shepherd and all its real estate assets for CAD$9.5 million in cash (the "Share Purchase")...Read More

Thermo Fisher just agreed to buy Qiagen in a $11.5 billion deal The shares of German-based biotech name Qiagen NV (NYSE:QGEN) are soaring this morning, up 15.6% to trade at $41.75 after Thermo Fisher Scientific (TMO) agreed to buy the genetic testing company for $11.5 billion in order to strengthen its health diagnostic business. Evercore ISI added that "the assets will fit well together and make...Read More

The blue-chip index is signaling triple-digit gains going into todayDow Jones Industrial Average (DJI) futures are higher despite a less-than-assuring statement from the Group of Seven industrial powers this morning. The G-7 confirmed they were committed to using "all appropriate policy tools to achieve strong, sustainable growth," to assuage coronavirus concerns, but then left investors scratchin...Read More

Debuting at AME Roundup last January, the "soft launch" of Lantern was anything but soft. With giant projections on the sides of nearby buildings and miniature mining lanterns trading hands across the floor, the buzz around the young start-up's interactive booth was as energetic as its name.Attracting interest from an equal mix of drilling, mining and mineral exploration companies, Lantern brings...Read More

Traditionally, dropping a plug for cementing, grouting, wedging or any one of several downhole applications has taken three rod trips: one for pulling the entire drill string out of the hole, two for installing a rod shoe and going back down, and three for pulling the rods after a plug was set. It's a feat that's taken many hours across multiple shifts to achieve, assuming no mistakes were made al...Read More

The S&P 500 closed up 4.6% and China's Shanghai Composite Index gained 3.15%.Futures were also pointing to a positive day on most markets.Bank of Japan governor Haruhiko Kuroda said on Monday that Japan's central bank would take necessary steps to stabilise financial markets, following a similar move by US Federal Reserve chair Jerome Powell on Friday, Reuters reported.Australia's Reserve Bank...Read More