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

MGM is typically one of the worst performers in FebruaryCasino stocks have taken a hit recently, as the coronavirus outbreak disrupts Macau's gambling operations. While MGM Resorts International (NYSE:MGM) is up 1.9% to trade at $31.56 today, things won't get easier for the casino stock in February. That's because MGM showed up on a list of the worst S&P 500 stocks to own in February over the pa...Read More

Apple and Boeing are continuing to prop up the Dow midday, as the former snaps up a brand-new highThe Dow Jones Industrial Average (DJI) is holding steady on its morning gains, with a more than 100-point pop at the midway mark, as blue chips Apple (AAPL) and Boeing (BA) continue to prop up the index, with the iPhone manufacturer hitting an all-time high. Meanwhile, the S&P 500 Index (SPX) and th...Read More

AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More

AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More

From the many hundreds of listed small cap explorers, barely a handful will become long-term success stories. But pick the right one as an investor and gains can be monumental. Like mid-tier gold miner Northern Star (ASX:NST), which has grown from a $5m market cap wannabe to $9 billion mid-tier gold miner. That's a gain ...Read full newsRead More

Amazon stock recently pulled back to its 50-day trendlineFAANG name Amazon.com, Inc. (NASDAQ:AMZN) is up 0.6% this morning at $1,863.38 after receiving a double dose of price-target hikes out of BMO and Deutsche Bank. The brokerage firms raised to $2,150 and $2,275, respectively, the latter of which represents a nearly 23% upside to last night's close of $1,853.25. This bullish sentiment is the no...Read More

A Wall Street Journal report said L Brands' CEO is considering a full or partial sale of its Victoria's Secret unit The shares of L Brands Inc (NYSE:LB) are eyeing their biggest one-day percentage in nearly 10 months, up 12.1% and trading at $23.05, after the Wall Street Journal reported that CEO Leslie Wexner is not only exploring a full or partial sale of the company's struggling lingerie unit V...Read More

AAPL's quarterly update is receiving bullish reviewsA busy week on Wall Street continues today with another full slate of earnings and economic updates. Traders are considering last evening's quarterly report from Apple (AAPL) that has shares of the tech giant moving higher before the open, and fellow blue chip Boeing's (BA) post-earnings gains, as well. Outside of corporate earnings updates, the...Read More

The Investor Intelligence poll is quite bullish right now Stocks were sailing smoothly for the first part of the year until investors balked after countries began taking action to contain the spread of the coronavirus. The S&P 500 Index (SPX) flirted with going negative on the year early in the week, but after yesterday's bounce back, the index is safely above that level. Typically, a few points u...Read More

Key North American and European market indices closed higher yesterday but Australasian markets were mixed, with China's stock exchanges closed for an extended holiday to February 3 due to the spread of the coronavirus.WHO said yesterday 4,593 cases had been confirmed globally, with 56 outside of China in 14 countries. Inside China there were 106 deaths, 976 severe cases and 6,973 suspected to hav...Read More

David Becker5 hours ago (Jan 28, 2020 07:33 PM GMT)Gold prices moved lower on Tuesday reversing the prior days’ rise. There was a reversal of a breakout of a cup and saucer pattern, as prices made a lower high and a lower low. Risker assets rebounded which reversed some of the demand for safe-haven assets. The circulation of the coronavirus that has spread throughout Wuhan China, continues...Read More

The move will result in a fourth quarter 2019 pretax charge of about US$530 million, mainly for asset write-offs and including severance charges.Read More

Buying Pit N Portal will open surface equipment hire-focused Emeco up to the underground mining market and to being a mining contractor in its own right.Read More

The regional government in Galicia said its decision was based on two reports which raise concerns the project would cause environmental damage to the Ulla river downstream.Read More

Diamond miner De Beers' rough diamond sales increased to $545-million for the first sales cycle of this year.This was higher than the $426-million in sales recorded for the tenth sales cycle of 2019, as well as the $500-million in sales recorded for the first sales cycle of 2019.Advertisement“Demand for rough diamonds increased during the first sight of 2020 following the end-of-year sel...Read More

(IDEX Online) - De Beers Group Industry Services is collaborating with RDI Diamonds Inc., in NY to provide the diamond wholesaler's grading reports for its Rare and Forever diamonds. De Beers Group Industry Services will also offer educational activities and sales training to RDI. "We were humbled to be approached by the De Beers Group Industry Services for such an important opportunity:...Read More

(IDEX Online) - De Beers today said it provisionally sold $545 million worth of rough diamonds at its first Sight of 2020, which ended on January 24.This compares to sales of $500 million in 2019 and is a noticeable increase over the sales totals throughout 2019. Sight 1Sight 2Sight 3Sight 4Sight 5Sight 6Sight 7Sight 8Sight 9Sight 102020$545 M (provisional)2019$500 M$496 M$581 M$416 M$391 M$2...Read More

(IDEX Online) - Shree Ramkrishna Exports Pvt. Ltd. (SRK) has introduced a new design for reusable diamond packets that it says have been created for better security. SRK says the packets, which were conceptualized in-house, are more durable than traditional packets and are designed to be reusable. These stickers can be custom printed for each company. They have sticker labels, which can...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has entered into a cutting and polishing agreement with leading diamond manufacturing group Safdico International over its Lulo alluvial mine, in Angola.As a preferred buyer, Safdico could purchase up to 60% of Lulo’s yearly alluvial rough diamond production, as permitted under Angolan law.AdvertisementThe diamonds purchased by Safdico wi...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesAll-in-sustaining-costs were US99c per pound of copper, which OZ said put the project comfortably into the bottom quartile of operations globally.Read More