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

Talisker Resources Ltd. announces that it has changed its auditors from BDO Canada LLP to PricewaterhouseCoopers LLP.Read full newsRead More

Halliburton posted fourth-quarter earnings and revenue that exceeded analysts' estimatesOil producer Halliburton Company (NYSE:HAL) stepped into the earnings confessional this morning to report adjusted fourth-quarter earnings of 32 cents per share on$5.19 billion in revenue -- both of which beat analysts' estimates. The firm cited increased activity globally, specifically in the Middle East, Asia...Read More

STM has blazed a path higher over the past five monthsThe U.S. stock market ended 2019 on a high note, thanks in part to strength in technology stocks. The semiconductor sector, in particular, helped lead the Nasdaq Composite (IXIC) to its largest annual return since 2013, with the tech-rich index gaining 35.2% last year. One name from this group caught our attention this week -- Swiss chipmaker S...Read More

Tilray was nearing overbought territory heading into todayThe last time we checked in with Tilray Inc (NASDAQ:TLRY), it was New Years Eve, and options traders were blasting the weed stock's recent bottom. Fast forward three weeks, and TLRY has rallied into a trendline that has historically bearish implications for the next month. More specifically, Tilray stock is trading within one standard dev...Read More

The U.S.-China trade agreement and the coronavirus are in focus todayThe Dow Jones Industrial Average (DJI) is looking to snap its five-day win streak today as Wall Street continues to keep an eye on the coronavirus outbreak in China that has already claimed four lives. The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are cooling off from last week's all-time highs, as well. Meanwhile, pipe...Read More

AMD has been a long-term outperformer Chip name Advanced Micro Devices, Inc. (NASDAQ:AMD) is up 1.2% and fresh off a record high of $51.81 this morning, surging after receiving two analyst bull notes. Deutsche Bank hiked its price target to $40 from $29, while Northland Capital Markets raised to $42. The catalysts are unclear, but the double dose of optimism has AMD pacing toward a fourth straigh...Read More

Short interest on COST is at the highest point since MarchThe shares of Costco Wholesale Corporation (NASDAQ:COST) have jumped 2.1% out of the gate to trade at $310.92, after Oppenheimer upgraded the retail stock to "outperform" from "perform," while lifting its price target to $335 from $300. The brokerage firm wrote about the equity's attractive valuation, while mentioning the company's improvin...Read More

Most analysts are already tremendously bullish toward ETONIn the biotech sphere today, the big news is a co-promotional agreement between drugmakers Eton Pharmaceuticals Inc (NASDAQ:ETON) and privately held Xellia Pharmaceuticals. The two companies will team up to promote Biorphen, Eton's Food and Drug Administration (FDA) approved blood pressure treatment. In response, Eton stock is up 3.2% to...Read More

Evercore ISI lifted its price target to $404 from $342Adobe Inc (NASDAQ:ABDE) is brushing off a bull note from Evercore ISI this morning, just one session after hitting an all-time high of $349.95. Specifically, the analyst raised its price target to $404 from $342 -- a roughly 15% premium to Friday's close. At last check, ADBE is down 1.2% at $345.40.The equity has been on a tear after breaking o...Read More

Investors are keeping an eye on the virus outbreak in AsiaThe Dow Jones Industrial Average (DJI) could be set to snap its five-day winning streak today, as U.S. stock futures trade below fair value. Traders are monitoring the effects of the coronavirus outbreak in China, which is putting pressure on travel stocks this morning. Investors are also taking in headlines from the World Economic Forum in...Read More

There's a key VIX level to watch in the coming weeks"The S&P 500 is on one of its longest streaks without a 1% daily move in the past five decades, highlighting how the latest leg of the stock-market rally has been a gradual climb rather than a euphoric surge. The broad equity gauge hasn't moved 1% or more in either direction since mid-October, its sixth-longest streak since the end of 1969 and th...Read More

It has a business improvement programme, dubbed T90 underway, and is looking at expanding at its majority-owned Rosh Pinah mine in Namibia in 2022 which could increase the mine's output by up to 50%.Read More

The march began yesterday in Belo Horizonte, will travel throughout the Paraopeba River basin and is set reach Brumadinho on January 25, MAB (Movement of People Affected by Dams) said.The official death toll in late December from Vale's Córrego do Feijão B1 tailings dam failure last January was 259, with 11 people still missing.An internal report by Vale, released last month, pointed...Read More

(IDEX Online) - Holiday retail sales grew 4.1 percent year-over-year to $730.2 billion, reported the National Retail Federation (NRF). This result is in line with the NRF's October forecast that sales would rise between 3.8 percent and 4.2 percent for a total of between $727.9 billion and $730.7 billion.That forecast also called for online sales to increase between 11 percent and 14 percent t...Read More

Aim-listed BlueRock Diamonds turned a profit for the first time during the second half of the 2019 financial year, the success of which was based on the diamond producer having sold 12 675 ct of diamonds for the year, marking an increase of 118% over the year before.While grades and prices per cart had also improved, BlueRock on Tuesday noted that its production volumes had increased by 70% y...Read More

The artisanal and small-scale mining (ASM) sector is in need of formalisation in order to establish itself as a legitimate source of diamond supply; however, faced with complex mining ecosystems and operating conditions that are vastly different from the large-scale diamond mining sector, De Beers says “the approach to supporting formalisation must be tailored, incremental and robust”....Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe company produced 60 million tonnes of iron ore in the December quarter, down 1% quarter-on-quarter and down on UBS' forecast of 69.9Mt.BH...Read More

The global mining and metals sector is facing one of its most challenging transitions yet as the industry is considering how it can best position itself to regain and maintain stakeholder confidence on environmental, social and governance (ESG) matters, global law firm White & Case states in its ‘Mining and Metals 2020’ survey report.According to the report, miners spent 2019 navig...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resources"The way the mineralisation is hosted within the marble units is now much more evident and clearly demonstrates the advantages of shallow mineralisation model we have at Mitchi versus a traditional porphyry," president and CEO Kiril Mugerman said.The drilling programme began in November and resumed in January, with the main objecti...Read More

Russian diamond major Alrosa has announced that it has started test drilling at the Mir kimberlite pipe, which was partly flooded in 2017, leading to the death of eight workers.The test drilling forms part of its strategic investment plan to study the feasibility of resuming production at the mine. The earliest that the Mir underground mine could reopen will be in 2030, the company has pointed out...Read More