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

(IDEX Online) - Alrosa has unearthed its first colored rough diamond at the huge new Verkhne-Munskoye deposit in Yakutia, Russia. The bright yellow gem-quality diamond weighs 17.44 carats and was recovered earlier this month from the Zapolyarnaya kimberlite pipe, which started operations at the end of 2018. The transparent crystal with a habit transitional between octahedron and dodecahedron has d...Read More

Publisher's Note: Gold soared past the $1,600-per-ounce mark this week and has shown no signs of letting up as it approaches $1,650.With this kind of dramatic bull market, we turn to "the original goldbug", Mr. James Dines, and an excerpt from his newsletter, The Dines Letter, for guidance on gold for this year.Call it like you see it,Nick Hodge"Nothing is so dangerous as being too modern. One is...Read More

Anglo-American mining firm Lydian International called on the Armenian governmen...Read full newsRead More

Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years! That big round psychologically-heavy level is really catching traders' attention, great improving sentiment. Yet this recent gold surge has proven peculiar. Unlike normal rallies, the buying driving this one largely hasn't come from gold's usual primary drivers. The stealth buying behind this...Read More

Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years! That big round psychologically-heavy level is really catching traders' attention, great improving sentiment. Yet this recent gold surge has proven peculiar. Unlike normal rallies, the buying driving this one largely hasn't come from gold's usual primary drivers. The stealth buying behind this...Read More

Anglo-American mining firm Lydian International called on the Armenian governmen...Read full newsRead More

More COVID-19 cases were reported in China overnightThe Dow stumbled into the weekend with an 227-point loss. The blue-chip index breached the 29,000 level amid resurfacing coronavirus fears, after over 800 new cases were reported overnight in China. The S&P 500 and tech-rich Nasdaq also finished sharply lower, with FAANG stocks and the chip sector among the day's notable laggards. All three bench...Read More

Dropbox just announced a $600 million share buyback, and posted a Q4 earnings beatOne of the top performers on the Nasdaq today is file sharing specialist Dropbox Inc (NASDAQ:DBX), which is bucking the broadmarket trend after posting fourth-quarter earnings and revenue that beat analysts' expectations, and lifting its 2024 operating margin target. The firm also announced a $600 million share buyba...Read More

The coronavirus outbreak is starting to impact company's earnings reportsThe coronavirus really made its mark on Wall Street this holiday-shortened week. The outbreak that has gripped global headlines for all of 2020 has the Dow, S&P 500, and Nasdaq all pacing for substantial weekly losses. After Apple (AAPL) issued a guidance warning related to coronavirus headwinds, the Dow rattled off three st...Read More

Armadale Capital (LSE:ACP) has reiterated its intention to deliver a definitive feasibility study ("DFS") for its Mahenge Liandu graphite project in the cu...Read full newsRead More

FIT has surged 111% over the past six monthsAthletic smartwatch maker Fitbit Inc (NYSE:FIT) is down 0.5% this afternoon, last seen near $6.40, after the company reported a surprise fourth-quarter loss. Fitbit sold six million devices in the quarter, but international revenue fell by 7%. Analysts have yet to chime in on the disappointment, but heading into today, all seven carried a "hold" recomm...Read More

All three indexes are eyeing their first weekly loss since January Stocks are continuing their steep sell-off midday with thethe Dow Jones Industrial Average (DJI) off almost 250 points at last check as an increase in coronavirus cases stokes investor anxiety. Things don't look much better for the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), with the later dragged lower by a struggling tech...Read More

KO hit a record high late last weekCompanies are starting to unravel how the coronavirus outbreak will affect their bottom line, and the results haven't been pretty. Coca-Cola Co (NYSE:KO) adjusted its own outlook this morning, cutting its current-quarter earnings by one to two cents per share. While China is the company's third-largest market in terms of unit case volume, Coca-Cola did reaffirm...Read More

RBC upgraded CHWY to "outperform" from "sector perform"Chewy Inc (NYSE:CHWY) stock is set to open at one-month highs this morning right on the heels of a bull note from RBC. The analyst upgraded the online pet supply retailer to "outperform" from "sector perform," praising its risk-reward outlook and strong fundamentals. At last check, CHWY is up 10.2% to trade at $32.19. Since pulling back to re...Read More

Stocks are eyeing another down dayDow Jones Industrial Average (DJI) futures are trading more than 100 points below fair value, as coronavirus concerns pick back up. This comes after stocks suddenly pulled back on Thursday, with the selling set to continue on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX), as well. As such, the Cboe Volatility Index (VIX) could be due for another rise, along w...Read More

Speaking during the company's December-quarter earnings call Thursday, Goncalves said 2020 would be a transformational year for the 173-year-old company.Goncalves is excited about the AK Steel acquisition, since it will add fully integrated capacity to the company's production portfolio. That company mainly serves the automotive market, providing materials required for electric vehicle produc...Read More

The work is across 11 projects in Australia and Africa.The largest is a A$200 million underground contract for Panoramic Resources' Savannah nickel mine in Western Australia. The three-year contract, which was previously flagged, will begin next month.The remainder of the work was won by Perenti's surface mining group.It includes a three-year contract with Idemitsu Australia at the Boggabri c...Read More

Share this articleVANCOUVER - Teck Resources Ltd. is warning that it will take an impairment charge of about $1.13 billion if the federal government decides not to approve its Frontier oilsands mining project.A decision on the $20.6-billion, 260,000-barrel-per-day project, which is expected to produce about four million tonnes of greenhouse gas emissions per year over 40 years, is expected befor...Read More

Mining consulting firm The MSA Group is hoping that the review of Namibia’s Minerals (Prospecting and Mining) Act will enhance the country’s ‘friendliness’ towards mining investors.The MSA Group principal consultant Mike Robertson says the 1992 legislation has been under review since 2018. Although the aim was to implement the legislation last year, it has been delayed, owi...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIf developed, the cobalt option would make Santo Domingo the fourth largest battery-grade cobalt producer outside of China and the largest in the Americas.Read More