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

Investor attention is still firmly on geopolitical tensions between the U.S. and the Middle EastToday's better-than-expected U.S. services data from the Institute for Supply Management (ISM) has done little to move stocks, as investor focus remains glued to bubbling geopolitical tensions between the U.S. and the Middle East. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are both...Read More

The $30 trendline had acted as resistance over the past yearApache Corporation (NYSE:APA) is one of the best stocks today thanks to what's being described as a "major oil discovery" off the coast of the South American country Suriname. This has the shares of APA rising 16.5% to $29.86, putting them above the 200-day moving average, which had been resistance on multiple occasions over the past year...Read More

There's pessimism among analysts and short sellers to be unwoundThe shares of FireEye Inc (NASDAQ:FEYE) are up 2.5% to trade at $18 this morning, after SunTrust Robinson raised its rating to "buy" from "hold." The analyst in coverage -- while also upping its price target to $22 from $15 -- noted the Middle East tensions will lead to more government and private sector spending on cybersecurity. S...Read More

Pier 1 said it will be closing around half its stores and cutting jobs Homegoods retailer Pier 1 Imports Inc (NYSE:PIR) announced last night that it would be shuttering nearly half its stores and cutting jobs. The firm also issued a warning over its ability to carry on as a going concern, as Amazon (AMZN) and other e-tailers continue to corner the market. Additionally, a Bloomberg report suggested...Read More

Investors are weighing a big drop in the U.S. trade deficitU.S. stock futures are mixed this morning, as the Dow Jones Industrial Average (DJI) will try to again shrug off the lingering tensions around Iran. Outside of this, traders are considering a bigger-than-expected decline in the U.S. trade deficit for November, with more economic data due out shortly after the open. With little else on toda...Read More

Tesla has nearly doubled within the past six monthsElectric car maker Tesla Inc (NASDAQ:TSLA) is back in headlines this morning, fresh off news it has begun production for its Model Y SUV in its new Shanghai factory. Tesla recently announced the delivery of its Model 3 sedans, as well as a 16% price drop on the vehicle after receiving subsidies from China. This morning, TSLA is up 1.3% at $459.07...Read More

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ), a pioneer in military robotics, services, and innovation in the auto industry, announced today that it has won three significant contracts with the Israel Electric Company (IEC). "We are delighted to have been selected as the winner of these three important contracts," stated Mr. Bentsur Joseph, CEO of A2Z Technolog...Read More

AG ThorsonJan 03, 2020 07:38 AM GMTIn my article – Gold Prices Close to A Decisive Break, I described how gold was at a critical juncture. The trend broke higher a few days later and confirmed a cycle breakout. The next advance is underway, and I see significant potential in platinum as prices play catchup.Dollar BreakdownThe US dollar has rolled over and broken vital support. This sho...Read More

Mkhwanazi joined the South32 board in July shortly after the company was formed.He had been a director of BHP Billiton, serving as chairman of BHP Billiton South Africa and president and chief operating officer of South Africa Aluminium.Prior to his executive roles at BHP Billiton, Mkhwanazi served as CEO of Bateman Africa and the National Energy Regulator.He previously held senior positions at th...Read More

NRW CEO and managing director Jules Pemberton said the BGC pick-up had boosted NRW's operational delivery capabilities in the Pilbara by adding skilled personnel with the capabilities and experience to safely and efficiently deliver the project's large bridges and concrete structures.Under the contract's scope BGC will lay about 65km of rail, including earthworks, roadworks, drainage works an...Read More

(IDEX Online) - Diamond tender house Bonas will hold a gemstone tender viewing at the February Bangkok Gems & Jewellery Fair (BGJF) from February 25-27. The tender will feature 500 lots of colored gemstones. The lots will also be available for viewing in Hong Kong from March 1-4. Items on offer in the tender which is being organized with the support of the Asia Gem Center in Bangkok,...Read More

(IDEX Online) - The National Association of Jewelry Appraisers (NAJA) has updated and expanded its Appraisal Studies Course (ASC) in its latest online incarnation. The ASC course covers a wide range of subjects from appraisal theory and methodology to jewelry history. There is a quiz at the end of each lesson to check students' knowledge. There are also interactive sections within each l...Read More

(IDEX Online) - Dominion Diamond Mines and De Beers are both looking to expand their current projects in Canada. The two companies have submitted applications to the Mackenzie Valley Land and Water Board requesting permission to ramp up their exploration activities, according to nnsl.com. Dominion has requested a five-year license to explore the area around Glowworm Lake, which lies to the ea...Read More

Over the past century, monetary systems change about every 30 to 40 years on average. Before 1914, the global monetary system was based on the classical gold standard.Then in 1945, a new monetary system emerged at Bretton Woods. I was at Bretton Woods this past summer to commemorate its 75th anniversary.Under that system, the dollar became the global reserve currency, linked to gold at $35 per oun...Read More

Dear Reader,Gold spiked after last Friday's drone strike that took out a top Iranian military official and is trading at seven-year highs.Yes, the news was dramatic and made a major impact. But geopolitics is just one factor driving gold. Even without the latest geopolitical tensions, gold is poised for a historic run.The first two major gold bull markets were 1971-80 and 1999-2011. Today, gold is...Read More

Santa Rita - one of the largest open-pit nickel sulphide mines in the world - has sold its first nickel concentrate since being placed on care and maintenance in 2015.Mirabela Nickel operated the mine for six years before shutting it down due to low nickel prices and high costs.Today, the asset is owned by private equity firm Appian Capital's Atlantic Nickel, which has refurbished and restarted th...Read More

Gold futures jumped after reports of rocket attacks on a U.S. military base in Iraq, hitting fresh six year highs.Gold for delivery in February touched US$1,613.30 per oz., up US$39 per oz. from the settlement price at the end of regular trading on Jan. 7.History suggests that gains driven by geopolitical tensions alone may be short-lived, Macquarie Group strategists including Marcus Garvey said...Read More

Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has released updated resources for its Phoenix gold project in the Red Lake gold district of northwestern Ontario, with 811,000 oz. gold in the measured and indicated category and 464,000 inferred ounces.The update features 3.9 million measured and indicated tonnes at 6.45 grams gold per tonne with an additional 2.1 million inferred tonnes at 6.97 grams g...Read More

This episode features Shelby Yee, co-founder and CEO of RockMass Technologies, who discussed why startups and mining companies should work together. The presentation took place at the 2019 Progressive Mine Forum at the MaRS Discovery District in downtown Toronto. Shelby described the ways in which mining companies can find startup partners and how mutually beneficial relationships can be create...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIn its analysis published on Tuesday, Jefferies noted that even at the current copper spot price, these companies would ‘deliver strong free cash flow growth' in 2020.Read More