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

Reports say the U.S. could cut existing tariffs on ChinaStocks are spiking today thanks to bullish trade developments. First, President Donald Trump tweeted that the U.S. and China were "VERY close" to a "BIG DEAL," and fresh reports suggest the Trump administration is willing to cut existing tariffs on China along with canceling Sunday's deadline for more tariffs. The Dow Jones Industrial Average...Read More

Rockfire Resources (LSE:ROCK) sat at 1.9p on Thursday after revealing more positive signs from its Plateau gold deposit in Queensland, Australia, where a s...Read full newsRead More

EA stock just ran into its historically bearish 80-week moving averageVideo game concern Electronic Arts Inc (NASDAQ:EA) has had an impressive run on the charts in recent months, tacking on 12.5% since its early October lows, and clocking an eight-month high of $104.96 today. During this race higher however, EA ran straight into a long-term trendline that could, if past is precedent, bring its rec...Read More

FDA buzz has AMRX shares jumping this morningAmneal Pharmaceuticals Inc (NYSE:AMRX) shares are up 34.2% this morning at $4.67, thanks to news the company's EluRyng -- a generic version of Merck's (MRK) NuvaRing -- was approved by the U.S. Food and Drug Administration (FDA). While this price action has the healthcare concern on pace for its highest close since July, the rally so far may not be big...Read More

The 200-day moving average has emerged as supportPumpkin spice connoisseur Starbucks Corporation (NASDAQ:SBUX) is enjoying a 2.4% lift this morning, trading at $88.70 after receiving an upgrade to "overweight" from "neutral," at J.P. Morgan Securities. The firm also hiked its price target by $4 to $90, citing a recent meeting with the company in which it was impressed by sales drivers and Starbuck...Read More

GE calls are popular and affordably pricedOn Monday, General Electric Company (NYSE:GE) was in focus for its heightened options activity. Today, the former Dow name is up 3.3% to trade at $11.33, after UBS raised its rating on GE to "buy" from "neutral," while hiking its price target to $14 from $11.50. The analyst in coverage thinks the increase cash flow will create a positive inflection point...Read More

Canopy just released a line of CBD products in the U.S.The shares of Canopy Growth Corp (NYSE:CGC) are popping today, up 1.1% to trade at $20.53 after the firm announced its launch of First & Free --hemp-derived CBD products -- for the U.S. market. The line will include softgels, oil drops, and creams, and will be available to purchase through the brand's website. While still down roughly 24% for...Read More

The Dec. 15 trade deadline is looming larger and largerAfter the Fed kept interest rates steady yesterday, stock futures are drifting lower this morning. Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) futures are all signaling slightly lower opens, as investors turn their eyes away from the Fed and back to U.S.-China trade drama. Reports indicate President...Read More

Nickel prices hit their highest in nearly two weeks on Thursday, as investors wh...Read full newsRead More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced the completion of functional integration to more than 225 global retail destinations, growing revenue-generating integrations at a faster rate than planned.The Company remains on track to achieve its ambitious 2019 goal of connecting to all of the 250 largest retailers around the world, as identifi...Read More

James Hyerczyk12 hours ago (Dec 11, 2019 12:43 PM GMT)Gold is edging higher in a lackluster trade on Wednesday. The price action is being compressed by uncertainty ahead of the U.S. Federal Reserve’s monetary policy statement and interest rate decisions and the looming tariff deadline on December 15.Treasury yields are inching lower, which is providing some support for gold. But a slight ri...Read More

Royalty and streaming company Triple Flag Precious Metals has cancelled a planned initial public offering (IPO) due to poor market conditions."While the company has been encouraged by investor interest in its proposed initial public offering," Triple Flag stated, "the market environment for share offerings, particularly near year-end, continues to be challenging."The company had planned to issue 2...Read More

Alrosa said in a statement the disposal was approved by the board earlier this week.Read More

The new appointments are Paula Cousins, who will become Weir's chief strategy and sustainability officer, and Garry Fingland, who maintains his present position as chief information officer.Read More

South Africa miners including Sibanye-Stillwater and Impala Platinum told Mining Journal on Thursday their mines were back up and running after a devastating stage 6 rolling blackout forced someRead More

(IDEX Online) - An Alrosa delegation, led by CEO Sergey Ivanov, recently met with diamond banks and funds to discuss developments in the industry. Among the attendees at the December 6 Moscow event were delegates from the State Bank of India, NBF, ABN AMRO and representatives of the DelGatto and Channel finance funds.During the meeting, the group discussed the factors leading to the weaker diamond...Read More

(IDEX Online) - Bain & Company and the Antwerp World Diamond Centre (AWDC) have released their ninth annual global diamond study. Among the key expectations of the study is a fall in rough diamond sales by up to 25 percent in 2019. With continued geopolitical instability, strong signs of an impending recession and limited marketing support, especially for non-branded and lower-end jewelry...Read More

ABUJA – Swiss prosecutors are investigating a trader of one of the world’s most sought-after-minerals over allegations he illegally dealt in metals during the Democratic Republic of Congo’s civil war.It’s the first time the Swiss authorities have confirmed the probe that began in March 2018.AdvertisementThe Swiss are scrutinising earlier allegations that the trader, Christo...Read More

(IDEX Online) - Technology company Everledger and Alrosa have launched a WeChat e-commerce pilot that will give Chinese consumers a more transparent and secure mobile diamond buying experience.Consumers will now be able to check a diamond's full provenance -  including full transparency of origin, characteristics and ownership history - and unique certificate information. They will also...Read More

London-listed Petra Diamonds said on Thursday that its electricity use restrictions have been lifted by South Africa's State utility Eskom and its mines are operating at normal load levels.The company restarted its Cullinan, Finsch and Koffiefontein mines in South Africa on Tuesday, but added that it was restricting power use in line with requirements by Eskom.AdvertisementRolling blackouts in...Read More