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

Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guine...Read full newsRead More

FILABUSI, Zimbabwe (Thomson Reuters Foundation) - Under the blazing sun, a group...Read full newsRead More

(IDEX Online) - Attempts to strengthen the scope of the Kimberley Process (KP) failed at the recent KP plenary after government representatives failed to reach a consensus.Despite the lack of progress, the World Diamond Council (WDC) said it continued to be committed to advocating for change. WDC president Stephen Fischler called the failure to achieve consensus, "a missed opportunity to enhance t...Read More

(IDEX Online) - LVMH has raised its bid for U.S. jewelry chain Tiffany & Co to almost $16 billion, according to reports by Reuters. Earlier this month, Tiffany turned down the French luxury group's $120-per-share offer, arguing that the company is worth more.Reuters quoted sources that said Tiffany agreed to give LVMH access to its books. They also said the jewelry company plans to contin...Read More

(IDEX Online) - A direct-to-consumer fine jewelry brand that uses lab-grown diamonds and recycled gold has received $1.2 million in seed funding. Kima?? ?, which has been worn by the Duchess of Sussex Meghan Markle, Emma Watson and Jessica Alba, aims to bring "transparency, innovation and inclusivity to a consciously minded generation of consumers." Kima?? ? handmakes it pieces in Antwerp, us...Read More

Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guinea's government to redevelop the Kiniero gold mine in the country's east, the minerals minister said. Sycamore and three other mining companies had made takeover bids for the mine, which has been out of production sinceRead full newsRead More

Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guinea's government to redevelop the Kiniero gold mine in the country's east, the minerals minister said. Sycamore and three other mining companies had made takeover bids for the mine, which has been out of production sinceRead full newsRead More

To say that the U.S. has a strained relationship with China would be the understatement of the century. You have the trade war. You have the tensions in the South China Sea. You have the accusations of corporate espionage. You have the continued treatment of the Uyghur muslims. Most recently, you have accusations of meddling in the ongoing crisis in Hong Kong. Earlier this week, the United State...Read More

Next week is a thanksgiving week. There will be a position squaring and rebuilding on two counts. (a) Gold, silver and copper comex December futures are expiring. (b) Traders will look to book some profit in their open positions. In my view, at the moment, there are more long positions than short positions in gold and silver. Later in the first week of December will be the usual various US jobs...Read More

Next week is a thanksgiving week. There will be a position squaring and rebuilding on two counts. (a) Gold, silver and copper comex December futures are expiring. (b) Traders will look to book some profit in their open positions. In my view, at the moment, there are more long positions than short positions in gold and silver. Later in the first week of December will be the usual various US jobs...Read More

With Zimbabwe going through its worst economic crisis in a decade, desperate citizens are turning to illegal gold mining to make a living, officials say, sparking violence and driving people from their landRead full newsRead More

Buying in equities picked up after the halfway point todayAfter a slow first half of the day, stocks came alive in afternoon trading, with the Dow notching a triple-digit win. But while the S&P 500 and Nasdaq also both ended in the black, the major indexes all closed the week in the red, snapping their respective weekly winning streaks. The retail sector remained in focus due to Nordstrom's blowou...Read More

Some dopamine fasters avoid food, phones, internet, alcohol, drugs, sex and even talking to people in an effort to 'reset' their brains. But does it actually work?Read full newsRead More

More and more cities are making biogas out of tons of wasted food instead of sending it to landfills.Read full newsRead More

SPLK and HIBB stocks both soared after posting well-received third-quarter resultsWhile the Dow is eyeing a weekly loss amid murky U.S.-China trade sentiment, two stocks are bucking the broad-market trend following impressive earnings reports are software concern Splunk Inc (NASDAQ:SPLK) and retailer Hibbett Sports, Inc (NASDAQ:HIBB). Below we'll look into how SPLK and HIBB are faring today. SPLK...Read More

There's potential spread activity taking place on GM todayGeneral Motors Company (NYSE:GM) is trading up 2.2% today at $35.42, bouncing back after yesterday's one-month low that had the shares' flirting with oversold conditions, based on their 14-day Relative Strength Index (RSI) of 32. Plus, traditional automakers could simply be seeing a boost since none of their executives smashed a metal ball...Read More

Stocks started strong this week but eventually slid into a three-day losing streak The week looked promising for stocks on Monday, as the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all managed to grab fresh highs as investors brushed off ongoing trade uncertainties. The mood on Wall Street shifted on Tuesday, however, after highly anticipated earnings fro...Read More

Bear notes and bad earnings have weighed heavy on WORKSlack Technologies Inc (NYSE:WORK) is up 1.6% at $21.34 this afternoon, a rare shift higher for the software stock. In fact, following a disappointing quarterly report, bear notes, and uninspiring user stats, the security has shed more than 45% since its public trading debut in late June. Pressuring the shares has been the newly formed 40-day t...Read More

LONDON, Nov. 20, 2019 /PRNewswire/ -- It's no secret that a small move up in gold prices. Often converts into a huge move in junior gold miners. For every 1%...Read full newsRead More

President Xi suggested China will not be a pushover in trade negotiationsThe Dow Jones Industrial Average (DJI) has explored both sides of breakeven today, as traders digest mixed messages on the U.S.-China trade front. While both President Donald Trump and Chinese President Xi Jinping waxed optimistic about a "phase one" trade deal, the latter also said that Beijing would "fight back," if necessa...Read More