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

The firm lowered its full-year forecast amid coronavirus-related headwinds Canada-based apparel concern Canada Goose Holdings Inc (NYSE:GOOS) is down 7.8% at $30.70 in electronic trading -- set for its lowest open since late-2017 -- following a lackluster turn in the earnings confessional this morning. While the down coat creator posted fiscal-third-quarter earnings and revenue that exceeded analy...Read More

IGO's Peter Bradford predicted an "explosion" of copper and nickel demand.Read More

Airships may replace winter roads at Chidliak70% of rough diamonds sold to local beneficiatorsAdvertisementCAPE TOWN (miningweekly.com) – De Beers Group Managed Operations MD responsible for South Africa and Canada, Nompumelelo (Mpumi) Zikalala, spoke to Mining Weekly this week about the highlights and one lowlight of her first nine months in office.Zikalala, who has replaced two long-servin...Read More

Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper's Mantoverde mine and associated projects in Chile for US$263 million.MMC has been seeking to participate in high-quality copper projects to secure concentrate for its copper smelters, as demand for the industrial metal is expected to soar in the coming years because of its use in electric vehicles...Read More

Russian miner Alrosa will hold four auctions in New York this year for rough diamonds weighing more than 10.8 ct.“In general, each auction attracts up to 100 companies from different countries. Auction sales currently account for about 10% of our overall sales,” Alrosa deputy CEO Evgeny Agureev commented in a statement on Friday.AdvertisementThe first auction in New York will be held f...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesMitsubishi will contribute $263 million as a capital subscription into Mantoverde which will be used for the MVDP Mantoverde development project, and pay $20 million in cash upon the completion of specific milestonesMVDP is a $731 million brownfield project in the Atacama region which contemplates building a copper concentrator to...Read More

Tesla stock has more than doubled so far this year...And I honestly couldn't care less.I know a bubble when I see one.This is what they look like...Very, very few things can justify that kind of a climb when it comes to stocks. You typically only see it with small companies that acquire a savvy patent or make a major medical breakthrough. You don't generally see it with companies that are already...Read More

Central banks believe that by injecting additional liquidity everything will be fine. Interest rate cut is the buzz word this year. The purchasing power of your national currency will rapidly fall on every massive liquidity injection. Use sharp dips to invest in gold for the long term. Corona virus is spreading with passing of each day. Numbers of deaths are rising each day in China. Numbers of...Read More

Central banks believe that by injecting additional liquidity everything will be fine. Interest rate cut is the buzz word this year. The purchasing power of your national currency will rapidly fall on every massive liquidity injection. Use sharp dips to invest in gold for the long term. Corona virus is spreading with passing of each day. Numbers of deaths are rising each day in China. Numbers of...Read More

Emgold Mining Corporation announces that it expanded its Casa South Property, QC with the addition of 24 mineral claims totaling approximately 1,320 ha.Read full newsRead More

TriStar Gold Inc. pre-feasibility study advancing with results including 4m @ 10.8 g/t gold in hole RC-19-383.Read full newsRead More

Adamera Minerals announces it has entered into an option / joint venture agreement with Hochschild Mining (US) Inc. on its Cooke Mountain gold project.Read full newsRead More

Barrick Gold is not looking to merge with copper miner Freeport-McMoran, CEO Mar...Read full newsRead More

Barrick Gold is not looking to merge with copper miner Freeport-McMoran, CEO Mar...Read full newsRead More

Oil and gold also marked a day of wins Despite an afternoon lull, the Dow closed at a record high today. The blue-chip index also touched a new all-time high of 29,408.05 earlier in the day, boosted by a nearly 3% surge in Boeing (BA) shares. Not to be outdone, the S&P 500 and Nasdaq also both closed at record highs, while all three benchmarks picked up their fourth straight win.Bolstering marke...Read More

Renforth Resources is pleased to announce that drilling has resumed on Renforth's wholly owned New Alger gold property, located in northwestern Quebec.Read full newsRead More

VVC is raising up to CA$2.0 million (US$1.5 million) in a non-brokered private placement of units of the Company at a price of CA$0.05 per Unit.Read full newsRead More

Roku and Lyft will be in the earnings spotlight Earnings season isn't over yet, with a whole slew of companies gearing up for their quarterly confessionals next week. Ride share concern Lyft (LYFT) will be in the earnings spotlight, joined by streaming name Roku (ROKU), along with Alibaba (BABA), Cisco (CSCO), Nvidia (NVDA),and PepsiCo (PEP). On the economic data front, investors can expect number...Read More

Chegg will post its fourth-quarter earnings on Monday after the close With a fourth-quarter earnings report due out next week on Monday, Feb. 10, options bulls are eyeing education specialist Chegg Inc (NYSE:CHGG) today. While overall volume is still quite low, 611 calls have crossed the tape so far, two times the intraday average, and more than three times the number of puts exchanged. The Februa...Read More

The Nasdaq and S&P, meanwhile, are eyeing more fresh highsThe Dow Jones Industrial Average (DJI) has pulled back from this morning's triple-digit gains, waffling at the breakeven. Meanwhile, the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) maintained their earlier momentum with both eyeing record closes and the latter fresh off an intraday record high of 3,346.65. Meanwhile, oil conti...Read More