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

German automakers Volkswagen and Daimler have launched a study to push for more ...Read full newsRead More

Health insurance stocks are wary of Sanders' plan for private insuranceYesterday, Senator Bernie Sanders won the New Hampshire democratic primary, but not in the blowout many expected. In the aftermath, J.P. Morgan Securities noted that for a candidate that supports the elimination of private insurance, the failure to secure a double-digit win is a boost for health insurer stocks. The brokerage fi...Read More

Bulls should keep an eye on the round $70 levelFor the last two years, the energy sector has become a persona non grata of sorts on Wall Street. According to a recent Wall Street Journal profile, the exchange traded fund (ETF) Energy Select Sector SPDR Fund (XLE) was the worst performing sector on the S&P 500 Index (SPX) in 2018 and 2019, and 2020 doesn't look like it will be any better.XLE curren...Read More

The Dow is eyeing a triple-digit win at the midday mark The Dow Jones Industrial Average (DJI) is piggybacking on this week's impressive rally, grabbing even more record highs, with a triple-digit pop at the midway mark amid a report from China's National Health Commission that coronavirus cases have slowed to their lowest levels in weeks. The S&P 500 Index (SPX) also hit another fresh high mid...Read More

The discovery of a vast seam of copper at the Kinsinka mine in the Democratic Republic of Congo has produced a welcome bump for Power Metal Resources (LSE:...Read full newsRead More

NVDA has doubled off its June bottomWhile sector peer Advanced Micro Devices (AMD) climbs the charts, fellow chip name Nvidia Corporation (NASDAQ:NVDA) has turned in an impressive run of its own. Today, the shares are up 0.7% to trade at $269.68, after receiving three price-target hikes between last night and this morning. The highest comes from Jefferies, who bumped its target up to a Street-hig...Read More

Bed Bath & Beyond's 5.4% drop in same-store sales missed analysts' estimates Bed Bath & Beyond Inc. (NASDAQ:BBBY) is continuing its journey lower today, down a dramatic 26.4% to trade at $10.94 after the retailer posted a 5.4% drop in same-store sales for December and January, which was wider than analysts' forecasts. The home goods specialist cited an increase in promotional activity, slowing tra...Read More

Shopify and Lyft stocks are in focus post-earningsU.S. stock futures are trading above fair value this morning, with the Dow Jones Industrial Average (DJI) eyeing triple-digit territory at the open. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are pointing to a solid start as well, as investors consider a mix of earnings reports and coronavirus headlines. Fed Chair Jerome Powell i...Read More

MAC has plunged 44% over the past 12 monthsReal estate investment trust (REIT) Macerich Co (NYSE:MAC) is down 1%in electronic trading, moving lower on the heels of a bear note out of Piper Sandler. The brokerage firm downgraded to "underweight" from "neutral," and sliced its price target to $20 from $26. This revised outlook represents a 17.5% deficit from last night's close, and runs alongside t...Read More

The latest Investors Intelligence sentiment survey showed a drop in bullishness Sentiment is starting to sour despite the S&P 500 Index (SPX) trading at all-time highs, according to the weekly Investors Intelligence sentiment survey. Even though there was a 3% pullback in the second half of January partly due to uncertainty surrounding the coronavirus, the significant drop in sentiment seems unwa...Read More

"We think it is still early days for this virus and the potential implications," RBC said overnight.Read More

Share this articleTORONTO - The formation of the Nevada Gold Mines joint venture last year, along with strong performances from Latin American, Asia Pacific and Africa/Middle East operations, helped Barrick Gold Corp. beat analyst expectations in the fourth quarter.The Toronto-based miner reported Wednesday gold production of 5.465 million ounces in 2019, at the top end of its guidance range, w...Read More

Share this articleVANCOUVER, GREAT ATLANTIC RESOURCES CORP. [TSXV.GR] is pleased to announce it has received analytical results for the fourth drill hole (GP19-140) completed during the 2019 Phase 1 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The drilling program was conducted at the Jaclyn Main Zone. GP19-140 intersected a near...Read More

Share this articleTORONTO - Barrick Gold Corp. raised its dividend as it reported a fourth-quarter profit of nearly US$1.39 billion.The gold miner, which keeps its books in U.S. dollars, says it will now pay a quarterly dividend of seven cents per share, up from a nickel per share.The increased payment to shareholders came as Barrick earned 78 cents per share in the quarter ended Dec. 31 compar...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has generated a further A$8.2-million from the run-of-mine diamond sales from its Lulo and Mothae mines.The ASX-listed company told shareholders that a total of 1 548 ct of diamonds from the Lulo operation, in Angola, was sold for gross proceeds of A$5-million, representing an average price of A$3 251/ct.AdvertisementA further 6 306 ct of Motha...Read More

BriteCo, an innovative appraisal and insurance technology company, announced that IDEX, the leading online diamond-trading platform for professional diamond traders, has become BriteCo's preferred source for diamond pricing.  Free to qualified jewelers, BriteCo's appraisal software provides retail jewelers with intuitive, self-guided screens to enter key information, include ph...Read More

(IDEX Online) - Chow Tai Fook Jewellery has closed over 40 points of sale in Hong Kong and Macau because of the ongoing threat of the coronavirus. The company is also taking steps to reduce operating hours at its remaining stores, with shops closing at 7 p.m.According to the Nikkei Asian Review the retailer is not planning on laying off any staff. Instead, the company will "arrange for front-line...Read More

(IDEX Online) - The Responsible Jewelry Council (RJC) has announced it will unveil its latest retailer initiatives and resources at The Plumb Club pavilion during the 2020 JCK show. The not-for-profit organization will have a booth where it will meet with companies about RJC certification, integrating sustainability into their operations - and building trust and confidence with consumers.&nbs...Read More

(IDEX Online) - Lucapa Diamond Company Limited's first sales of diamonds from the  Lulo alluvial mine in Angola and the Mothae kimberlite mine in Lesotho 2020 have realized A$8.2 million ($5.5 million). A total of 1,548 carats of diamonds recovered from Lulo sold for A$5 million ($3.4 million). This meant an average price per carat of A$3,251 ($2,200).The company sold 6,306 carats o...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesCEO of subsidiary, Pebble Limited Partnership, CEO Tom Collier said he had scrutinised the leaked US Army Corps of Engineers document, confirming the near final report was positive, demonstrated itRead More