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

There's a lot of pessimism around SQ to be unwound When we last checked in with Square Inc (NYSE:SQ), the payments processor was higher post-earnings despite a flurry of bear notes. Now, almost three weeks later, SQ is up 0.8% to trade at $68.80 today, after Macquerie initiated coverage with an "outperform" rating and $105 price target. The analyst in coverage noted Cash App was gaining ground on...Read More

Best Buy gave strong guidance for the holiday shopping season The shares of electronics retailer Best Buy Co Inc (NYSE:BBY) are up 5.9% to trade at $78.59 this morning, after the company posted a same-store sales beat and profit that exceeded expectations for its third quarter. The company also said it anticipated a strong holiday shopping season, predicting a fourth-quarter profit that topped ana...Read More

ACAD's pimavanserin showed mixed results in the trialIt's been a huge year for ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD), thanks to positive updates for its drugs Nuplazid and pimavanserin, the latter of which again has the pharma name in focus. The company yesterday evening revealed mixed trial results for the drug for patients with negative symptoms of schizophrenia, with the treatment meeting i...Read More

Stocks are tentatively higher following yesterday's record-breaking session Stock futures are muted this morning, with the Dow signaling a tentative 17-point gain at the openjust one day after the major U.S. equity indexes notched even more record highs. The quiet open comes as Dallas Fed President Robert Kaplan tells CNBC that the central bank is predicting "weak" economic growth for the U.S. in...Read More

The blue-chip index retreated from its 20% year-to-date return last weekWe're only a couple of weeks out from a commentary in this space dedicated to the steely significance of two "mega round" numbers for the S&P MidCap 400 Index (MID) -- namely, the 2,000 millennium level and its 20% year-to-date return. In the days since that column was published, these twin sticking points haven't wavered; aft...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an additional purchase order from a leading taxi technology distributor for a minimum of $1.8M CDN. The customer will equip its taxis with the Company's innovative 4G/LTE CP250 in-vehicle smartphone, with potential to increase the order by an additional 50%....Read More

Christopher Lewis8 hours ago (Nov 25, 2019 4:54 PM GMT)Gold markets gapped a little bit lower to kick off the week, and then drove down towards the $1450 level. This is an area that was previous resistance in the form of an ascending triangle, and that of course is an area that could cause a bit of “market memory”, so therefore it’s likely that the market participants will con...Read More

Ole Hansen10 hours ago (Nov 25, 2019 2:32 PM GMT)The below summary highlights futures positions and changes made by hedge funds across 24 key commodity futures up until last Tuesday, November 19. The report covered a week where the prospect for a “phase one” U.S.-China trade deal received a knock from the Senate vote on Hong Kong. While stocks climbed bonds saw 10-year yields tumble...Read More

"I fear [junior] mining companies will just not get funded," Julian Treger, CEO of London-listed mining royalty company Anglo Pacific Group, said.Read More

The company describes Prairie Creek as one of the highest-grade, undeveloped zinc deposits in the world, with an 8 million tonne reserve grading 23% zinc-equivalent.Read More

(IDEX Online) - The Gem & Jewellery Skill Council of India has announced that it will be hosting the first Indian Jewellery Excellence Symposium in Mumbai. The two-day meeting will include sessions on different on management, skill and technical subjects. Scheduled sessions include the future in designing using CAD, blockchain technology and upskilling bench skills to reach global standar...Read More

(IDEX Online) - Thieves have stolen three diamond jewelry sets from the Dresden Green Vault. Each set consists of 37 parts each, leading to fears the thieves may try to break them up. Officials are still trying to establish how much was taken in the robbery.According to press reports, there is speculation that the thieves gained entry to the museum after disabling the alarm system by setting fire...Read More

The global diamond industry will require a new narrative and a rebranding to secure its future, a new report has warned.The Dubai Multi Commodities Centre (DMCC) states in its ‘Diamonds Changing Forever’ report that the global industry is at a “major inflection point”.AdvertisementPrices are steadily decreasing, profitability is in decline and access to finance is restricte...Read More

US takes long-term position on mineral supplySPONSOREDverisk maplecroftMacarthur's high-grade iron project set to rollSPONSOREDArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesThe announcement followed co-chairman Robert Friedland telling a mining conference in London yesterday the risk in the DRC was far lower than...Read More

Dear Rich Lifer,With the first few days of fall past us, chances are good you're thinking ahead to the holiday season. Whether you love the joy the season brings, or mostly just dread the looming credit card bills that come after the fact, it's coming up fast.Fortunately, if you like to save big when you're shopping for thoughtful presents for everyone on your list, Black Friday is coming up, too....Read More

Norilsk Nickel (US-OTC: NILSY) plans to boost spending on new projects over the next decade to increase production and capitalize on the growing electric car trend, but investors may need to brace for lower dividends down the road.The Russian metals and mining company currently pays out 60% of its earnings before interest, tax, depreciation and amortization as dividends to shareholders, making it...Read More

This episode features a fireside chat between Kirkland Lake Gold president and CEO Tony Makuch and Northern Miner group publisher Anthony Vaccaro at the Progressive Mine Forum in Toronto on Oct. 16. Makuch discusses the use of electric vehicles and battery technology at the company's Macassa mine in northern Ontario, the importance of profits over scale, and how to relate to millennials in the wor...Read More

Australia's Evolution Mining (ASX: EVN) has agreed to buy Newmont Goldcorp's (TSX: NGT; NYSE: NEM) Red Lake complex in Ontario for US$375 million in cash and contingent payments of up to an additional US$100 million tied to new resource discoveries.Evolution has committed to invest US$100 million on the existing operations and another US$50 million on exploration over three years.The underground g...Read More

The impacts felt by the week-long strike resulted in costly disruptions for Canadian mining companies, many of which incurred significant impacts over the past seven days, including lost sales and customers.Given the mining industry is the most significant customer of Canada's Class I railways, consistently accounting for most (52.3% in 2018) of its rail freight revenues generated annually and is...Read More

(IDEX Online) - An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing division.The company sold 255 polished diamonds with a total weight of 435 carats, or 80 percent of all the stones on offer. This included 73 fancy colored diamonds and nine...Read More