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

Sea stock has added an enormous 222% over the past 12 monthsSoftware name Sea Ltd. (NYSE:SE) more than tripled in 2019, and over the last few months have been on a steady trend higher. Just last week SE touched a record high of $46.50, and is not far off this afternoon, trading at $45.24 at last check. With a layer of support embedded in the rising 20-day moving average, and the shares now up 222%...Read More

Entertainment Arts' fourth-quarter revenue outlook missed the mark Video game specialist Electronic Arts Inc. (NASDAQ:EA) just stepped into the earnings confessional last night, and sentiment surrounding the firm's fiscal third-quarter report is mixed. While EA did post profits of $2.52 per share and revenue of $1.98 billion, both of which beat analysts' estimates, the stock can't shake its less-t...Read More

The Dow is eyeing its first monthly close in the red since AugustThe Dow Jones Industrial Average (DJI) has slipped even further below breakeven by midday as fears over the coronavirus completely overshadow any other corporate news. The S&P 500 Index (SPX) isn't close behind, while the Nasdaq Composite Index (IXIC) erased its early morning gains, despite an impressive earnings report from Amazon....Read More

AMZN, VRTX, and DECK stocks are earnings winners this morningEarnings have been in focus all week on Wall Street, and that's continuing today, with a number of big names making notable moves after their quarterly reports. Leading the way of course is Amazon.com, Inc. (NASDAQ:AMZN), as the e-commerce company surges 9.3% to trade at $2,044.83 following the company's better-than-expected quarterly re...Read More

A tweet from a Bloomberg reporter said Marathon was exploring the sale of its Speedway unit Bloomberg is reporting that Marathon Petroleum Corp (NYSE:MPC) is exploring the sale of its Speedway unit, alongside an IPO, and that has shares of the oil refining specialist soaring in pre-market trading. This comes after an announcement in October that the company would spin off its gas and convenience s...Read More

IMB's CEO Ginni Rommetty will be replaced by its cloud business head Arvind KrishnaDow name and chip concern IBM (NYSE:IBM) is moving 4% higher in electronic trading, set to open near $142.22, after news broke that the company's CEO Ginni Rometty will step down in April. Rometty will be replaced by the company's cloud business head Arvind Krishna, who last year headed the company's $34 billion acq...Read More

The WHO has declared the coronavirus a global public health emergencyU.S. stock futures are pointing to a mixed open for stocks, with earnings and the latest coronavirus headlines in focus. Traders are cheering a blowout report from FAANG name Amazon.com (AMZN), while Caterpillar (CAT) shares are moving lower due to the blue chip's disappointing 2020 outlook. Meanwhile, the World Health Organizati...Read More

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) is pleased to announce that it has closed a non-brokered private placement (the "Placement") for gross proceeds of CDN$500,001.60.The Placement consisted of 833,336 units (the "Units") of the Company at a price of $0.60 per Unit. Each Unit consists of one common share and one common share purchase warrant, with eac...Read More

Anglo confirmed no one was injured in the accident, which happened during a planned longwall move. The company said the collapse was triggered by a geotechnical issue.Analysts at Jefferies said while it was too early to say how long the mine, located in the Bowen basin in Queensland, would be offline, "if we assume the mine is down for the year, this would be a ~$350m Consolidated EBITDA hit for A...Read More

Aim-listed Sylvania Platinum reached a new record interim production of 40 003 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs) for the six months ended December 31, despite power disruptions and downtime during the last quarter of the interim period. The company’s production for the quarter ended December 31 was 19 206 4E PGM ounces.AdvertisementT...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesWhile admitting the past year was challenging, the company's gold production of 470,601 ounces was smack in the middle of its revised guidance, reduced from 500,000-550,000oz to 460,000-480,000oz.Read More

Sales of electric vehicles (EVs) are likely to hit 3 million this year, but should skyrocket to between 21 million and 43 million by 2030, according to a new report from Bank of America."EV sales are expected to take off in the early 2020s when EV costs converge with internal combustion engine vehicles and car manufacturers ramp up production," the bank states in a new report entitled: Emission Im...Read More

While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the "most bullish in years," and the sector "offers its most compelling value proposition since pre-Fukushima," Haywood Securities says in a new research note."Looking ahead, we believe we are in the early stages of a long-term bull market for the uranium investment theme and recommend investors begin p...Read More

Palladium prices have surged 1520% since 2009 due to tight supply and higher emission standards, and analysts at the Bank of America forecast the metal could rise to US$3,500 per oz. in the fourth quarter of 2020 from the current spot price of US$2,302.75 per ounce.The bank estimates that palladium will rise to an average price of US$2,450 per oz. in the first quarter and to US$3,000 per oz. durin...Read More

Lynas, which is still pursuing final approvals to continue operations of its controversial Lynas Advanced Materials Plant operation in Malaysia, is required to make substantial progress on severalRead More

The World Diamond Council (WDC) is asking stakeholders to review its System of Warranties (SoW) Toolkit, following its unanimous adoption as a working draft by the WDC board of directors and members.Stakeholders have until March 31 to submit comments to WDC.AdvertisementThe SoW toolkit was designed to assist members of the diamond trade to comply with the revised WDC SoW that was approved in 2018...Read More

Precious metals miner Fresnillo said on Wednesday its annual gold production fel...Read full newsRead More

The central bank said Wednesday that it will keep the target range for the federal funds rate between 1.5 and 1.75 percent. Read full newsRead More

FP Dealmakers: One question that remains for 2020, and beyond is what effect the expected consolidation will have on Canada's mining sectorRead full newsRead More

Just trade in the technical till Monday. Trump and his impeachment could be closed by Friday. This can result in some mild correction in gold. It remains to be seen how the prices in all metals and energies will move once China reopens. Various US jobs numbers will be released next week. Focus will be on global economy next week. Fundamentals will dictate price of all metals and energies next we...Read More