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

Bank earnings continue to take the spotlightThe Dow Jones Industrial Average (DJI) has explored both sides of breakeven, before eventually climbing higher midday, as Wall Street's attention remains glued to a spate of earnings reports out of the finance sector, including JPMorgan Chase (JPM) and Wells Fargo (WFC). Meanwhile, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have erased thi...Read More

Call buying has been hot on ZUMZZumiez Inc. (NASDAQ:ZUMZ) is one winner today on Wall Street, up 3.3% at $34.14, thanks to the company's holiday sales update. The strong numbers prompted the retailer to increase its guidance for the quarter, likely increasing the chances it announces another earnings win when it reports in March. Specifically, ZUMZ shares have gained more than 11% after each of th...Read More

Goldman Sachs hiked its price target on NFLX to $450 from $400Streaming service Netflix Inc (NASDAQ:NFLX) is inching lower this morning, now down 0.6% to trade at $336.94, despite a price-target hike to $450 from $400 at Goldman Sachs. The revised price represents a healthy 32.8% upside to Monday night's close of $338.92, and the brokerage firm said it expects fourth-quarter results that are "well...Read More

Most analysts are bullish on Take-Two, thoughThe shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) are down 1.5% to trade at $126.41 today, after a downgrade from Stephens. The brokerage firm cut its rating on the video game company to "equal-weight" from "overweight," while trimming its price target to $110 from $145. Interestingly, the analyst in coverage is still bullish on video gam...Read More

Wells Fargo's profits for its fourth quarter dropped 55% from last yearThe shares of Wells Fargo & Co (NYSE:WFC) are struggling today. The bank concern stepped into the earnings confessional with adjusted fourth-quarter earnings of 93 cents per share, lower than the $1.12 estimates and down 55% year-over-year due to mounting legal costs and a lower interest rate environment. The firm also posted r...Read More

JPMorgan's results impressed investorsU.S. stock futures are trading near fair value this morning, signaling a flat start to the day for equities as earnings season gets underway with reports from the big banks. Most notably, Dow Jones Industrial Average (DJI) component JPMorgan Chase (JPM) is set to gain thanks to record annual profits, while sector peer Wells Fargo (WFC) is moving in the other d...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the appointment of Mr. Jamie Kitson as VP Sales Canada for Siyata Mobile. Mr. Kitson has a successful track record in exceeding targets, with proven results in both the private and public sectors within the telecommunications space, including senior roles with Bell Mobility, Ro...Read More

The US is also reportedly set to drop its designation of China as a currency manipulator just ahead of the deal.Meanwhile precious metal rhodium, more valuable than gold, has surged 31% this month and reached its highest point since 2008, at US$8,200 an ounce last week, Bloomberg reported.The metal is mainly used in autocatalysts and stricter emissions rules have fuelled a multi-year rally, amid s...Read More

Ecuador's constitutional court has ruled that communities have the right to hold public referendums on whether or not to allow a mining project to go forward, paving the way for opposition to future developments, a local newspaper, El Comercio reports.The ruling comes after the court analyzed three decisions made last year on the topic, including one that rejected requests to vote on the future of...Read More

(IDEX Online) - EyeOnJewels has launched a local online marketplace for jewelry in the US that is standardizing the shopping process. The new service enables consumers to find fine jewelry and watch products from local vetted and certified jewelers without having to search them individually. Using EyeOnJewels, shoppers can add items from different retailers to their cart and pay for them in o...Read More

(IDEX Online) - The International Gemological Institute (IGI) has opened a new center in Shanghai. The new office includes classrooms and a lab is located in the Fosun building in the Bund Financial Center. IGI said the center will offer enhanced educational and grading services as well as gemological information. "IGI's Shanghai base will promote mutual understanding between IGI and the...Read More

(IDEX Online) - The Carnegie Institution of Washington is alleging that its patents for growing diamonds are being infringed by some well-known lab-grown makers. The institute has filed lawsuits in New York against six companies, including Pure Grown Diamonds Inc. and IIa Technologies PTE Ltd., reports Bloomberg.The disputes have arisen over the use of Carnegie's chemical vapor deposition (CV...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesChina's unwrought copper imports rose 9.1% in December from the previous month to their highest since March 2016, customs data showed on Tuesday, Reuters reported, with improving industrial activity and dwindling scrap metal supply lifting demand.Imports of copper concentrate came in at 1.928 million tonnes, down 10.6% from Novembe...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesLast year, BHP posted its highest profit in five years and declared its biggest ever dividend payment.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe Vancouver-headquartered company said Monday the 2019 production figure came in at the lower end of its annual guidance at 87.2 million pounds of copper-equivalent (Cu-eq), and it expected 2020 output to rise by a third to between 100-113Mlb of Cu-eq.Management expects another production increase in 2021 to 102-115Mlb Cu-eq and...Read More

Reuters broadcasts the confession:I do think the growth in the balance sheet is having some impact on the financial markets and on the valuation of risk assets...Here we have the unassailable and unimpeachable testimony of one Robert Kaplan. He, Mr. Kaplan, presides over the Federal Reserve's Dallas branch office.And so a central bank grandee gives it straight... and stamps our dark suspicions wit...Read More

Paulo Castellari.This episode features an interview with Paulo Castellari, CEO of Atlantic Nickel and Appian Brazil, who discusses the company's Santa Rita nickel project in Brazil with acting editor-in-chief Trish Saywell. Atlantic Nickel recently sold its first nickel concentrate from Santa Rita and signed a three-year offtake contract with Trafigura. The project was previously owned by Mirabela...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa’s polishing strategy has achieved its first diamonds from a cutting and polishing partnership.The ASX-listed company on Tuesday reported that a 36 ct rough diamond recovered from the Mothae mine, in Lesotho, was manufactured into six polished D-colour diamonds under a partnership with an international diamantaire.AdvertisementThe two larg...Read More

If you ask anyone what the future of cars looks like, they're bound to point to Tesla.Elon Musk may be a genius, but it isn't his business skills that draw that distinction.It's his ability to raise and retain capital and build hype around his products.Unfortunately for him, there simply are no ways to gloss over the fundamental problems that fully-electric cars present.Sure, Tesla's cars work gre...Read More

The Canadian miners are splitting responsibilities at the Palta Dorada property in Ancash.Read full newsRead More