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

SFIX is heading trading at its highest level since late JulyA big earnings winner this morning is Stitch Fix Inc (NASDAQ:SFIX), after the e-tailer broke even for its fiscal first quarter, toppling the estimated loss of 6 cents per share. Revenue and active clients also topped expectations, prompting six price-target hikes already, the highest coming from SunTrust Robinson to $38 from $36. J.P. Mo...Read More

Iron ore futures in China rose to their highest in more than four months on Tues...Read full newsRead More

Lululemon Athletica's COO just accepted a position as CEO of travel company Away It was announced yesterday evening that the chief operating officer (COO) of athleisure company Lululemon Athletica Inc (NASDAQ:LULU), Stuart Haselden, will be leaving the firm to join privately owned luggage maker Away as its CEO, effective Jan. 10. The stock is up 0.7% at $232.50, at last check.This announcement com...Read More

The Fed's final meeting of 2019 will kick off later todayAfter markets snapped a three-day win streak yesterday, stock futures are reacting to a slew of trade-related headlines this morning. Dow Jones Industrial Average (DJI) futures were initially off triple-digits after the South China Morning Post suggested the chances of a U.S.-China trade deal this week are slim. However, futures quickly t...Read More

Shares of Canada's First Quantum Minerals Ltd rose as much as 5% to their h...Read full newsRead More

Saudi Aramco will exercise its 15% greenshoe option in whole or part during the ...Read full newsRead More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Company has closed its previously announced non-brokered private placement, pursuant to which the Company issued 8,056,858 units of the Company ("Units") at a price of $0.40 per Unit, for gross proceeds of $3,222,743.20 (the "Non-Brokered Financing").Each Unit is comprised of one common share of the Com...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that a $450,000 purchase order has been received for a bus operating company to equip their fleet of buses with the Uniden (R) UV350. Marc Seelenfreund, CEO of Siyata Mobile, commented, "The UV350 is a great communications device for the bus market on both the North American an...Read More

Tomasz Wi?>niewski9 hours ago (Dec 09, 2019 3:47 PM GMT)In the long-term, gold is still on the positive side of the market though. The price is locked inside of the wedge formation, which is promoting the breakout to the upside. Especially as long as we stay above the major support on the 1380 USD/oz. In the shorter term, situation here is negative. The price bounced from the 1480 USD/oz resistanc...Read More

James Hyerczyk14 hours ago (Dec 09, 2019 10:58 AM GMT)Gold is easing higher on Monday shortly before the regular session opening. Earlier in the session, sellers attempted to follow-through to the downside, following Friday’s steep sell-off, but there wasn’t much volume behind the move.Stocks are edging lower along with Treasury yields. This is helping to make the U.S. Dollar less-at...Read More

The US Federal Reserve is widely expected to keep interest rates unchanged later today and the UK goes to the polls tomorrow. North American market futures were up, Europe was mixed and Australasian markets were set for positive start today. On Wall Street, the S&P 500 closed lower yesterday but has posted 23 new 52-week highs and two new lows, Reuters reported.Gold was worth US$1,464 an ounce...Read More

The dispute over mining rights on the island of Wagina in the Solomon Islands has been rumbling on since Pacific Bauxite was first granted a licence in 2013.Read More

The clearing permit, mining proposal and project management plan have all been approved. The Northern Kambalda operations, comprising Durkin North and Long, are already fully permitted.Read More

(IDEX Online) - Alrosa's sales of rough and polished diamonds in November increased 5 percent year-over-year, the miner announced today (Tuesday). Sales reached $287.8 million during the month. Rough diamond sales mounted to $282.1 million while polished diamond sales totaled $5.8 million.For the year to date, Alrosa has sold $2,974 million worth of goods. During the first 11 months of 2...Read More

(IDEX Online) - Jewelers Mutual has donated seven lab-grown diamonds to the Diamond Durability Laboratory (DDL). The donation is part of a year-long collaboration between the two entities to better understand damaged diamonds - both mined and lab-grown. The goal of the research is to create a more predictive model for potential damage during wear.The donated, damaged diamonds ranged in size from 0...Read More

(IDEX Online) - Sotheby's has appointed Wenhao Yu as its deputy chairman, Jewellery, Asia.Based in Hong Kong, Yu will be responsible for developing the auction house's jewelry business across Asia.Yu has a background in finance. He studied at Sotheby's Institute of Art in London before joiningPoly Auction Beijing in 2010 as senior manager where he co founded its Jewels and Watches d...Read More

South Africa’s biggest platinum and gold mining companies are scaling back some operations as record power cuts, now in their sixth day, start to cripple key parts of the economy.Eskom Holdings on Monday moved to Stage 6 load-shedding from 18:00 local time, meaning it cut 6 000 MW from the national grid, the most yet, after a technical problem at the new Medupi Power Station. The utility has...Read More

Today we hazard a thumping prediction:The next round of quantitative easing - official, actual quantitative easing - is fast approaching.Yes... the Federal Reserve will soon be clearing for emergency action.When precisely can you expect it? And why the urgency?Answers shortly. Let us first squint in on Wall Street...The Bears Win on PointsThe Dow Jones took a 28-point flesh wound today. The S&...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) is selling its 90% stake in the Massawa gold project in Senegal to Teranga Gold (TSX: TGZ; US-OTC: TGCDF) for US$300 million in cash, US$80-million worth of shares and contingent payments linked to the gold price of up to US$50 million.The Massawa project is within 25 km of Teranga Gold's Sabadola mine, the largest producing gold mine in Senegal, 650 km east of...Read More

Anglo American (LON: AAL) has cut its production forecasts for coal, iron ore and diamonds for the next two years, but is bullish on the outlook for copper and palladium, it said in an update for investors on Tuesday."We are building on the complete transformation of both the quality of our portfolio and our performance over the last six years," chief executive, Mark Cutifani, states in a press re...Read More