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

(IDEX Online) - As the U.S. gears up for the biggest shopping weekend of the year, American Express has released data from its Shop Small Consumer Impact survey.  According to the survey, 73 percent of people feel that empty storefronts are a national issue and 84 percent agree that the increase in empty storefronts and closing of small, independently owned businesses negatively affects...Read More

(IDEX Online) - Rio Tinto has announced its intention to take a majority ownership in the Star-Orion South diamond exploration site in Saskatchewan, Canada.  Saskatoon-based Star Diamond Corporation announced that Rio Tinto Exploration Canada Inc. (RTEC), a fully owned subsidiary of Rio Tinto, has provided notice to exercise its options under a Joint Venture agreement the two entered int...Read More

Diamond miner Trans Hex expects the delisting of its shares on the JSE to be concluded on December 3.It proposed the delisting in July, when it announced a share buyback programme to purchase the issued share capital of shareholders at R1 apiece.AdvertisementAt the time, it said the delisting would enable it to save on the costs of operating in a regulated environment, while its board felt the JSE...Read More

Galena provides a leading lightSPONSOREDgalena miningDrilling aims to expand and infill resources at AntaKori with the latest results providing evidence to support the hypothesis that moving to the north will encounter low-arsenic skarn and porphyry hosted mineralisation."Drilling along the edges of the prominent magnetic high geophysical target to the north of our project continues to provide evi...Read More

Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareAfrica has an outsized importance within Glencore's portfolio as it illustrates the company's reputation...Read More

Galena provides a leading lightSPONSOREDgalena miningHudbay has said final production from the 777 copper-zinc-gold-silver mine was expected in 2022.Read More

The slaughter in Mexico in November of nine members of a local Mormon family horrified the world.Three women and six children were gunned down in broad daylight while driving in three SUVs on a rural road in Sonora near the state's border with Chihuahua, 160 km from the U.S. border. Seven children escaped.Whether the massacre was an intentional attack or a case of mistaken identity is uncertain. B...Read More

Lundin Gold (TSX: LUG) has produced its first dor?(C) bar at the Fruta del Norte (FDN) mine in southeastern Ecuador.The first export of concentrate and dore is anticipated by mid-December and the company is on track for commercial production in the second quarter of 2020. Lundin Gold expects the mine will produce 290,000 oz. gold next year.Otto Sonnenholzner, Ecuador's vice president, Minister of...Read More

John Hathaway, CFA, Tocqueville Asset Management.This episode Tocqueville's John Hathaway joins Northern Miner Group publisher Anthony Vaccaro at the 2019 Precious Metals Summit in Zurich. Hathaway discusses the current state of gold equities and how the bigger opportunities might lie with stocks that are underrepresented by gold ETFs such as GDX and GDXJ. Hathaway and Vaccaro are introduced by Je...Read More

World Diamond Council (WDC) president Stephane Fischler says that although the Kimberley Process (KP) requires a political process, it is in the collective interest of all participants that rough diamonds meet the expectations of the market.He opened the KP plenary meeting, in India, on Tuesday, which was expected to discuss the end of the KP’s three-year reform and review cycle and the futu...Read More

Dear Rich Lifer,'There's a myth that living trusts are only for the wealthy…'That's how the pitch starts.Living trusts, formerly known as revocable trusts, are marketed as a way for people to avoid the hassles and costs of probate.But what these slick salespeople won't tell you about living trusts is what I'm going to share today.Before we get too far along, let me start by saying that livin...Read More

All-new highs are being hit and investors are chasing it by flooding money back into the market.But the simple reality cannot be denied: We already paid a hefty premium for this uptick when it was baked into stock prices, and chasing it further without much to base it on will backfire.We're coasting on short-term hope, buying the same lines that we did a year ago - or two - for why to double down....Read More

Volkswagen's new ID.3 electric vehicle will be 40% cheaper to build than th...Read full newsRead More

Amazon avoids paying federal tax - for the second year in a row, according to a new report.Read full newsRead More

Oil prices dropped sharply, thoughStocks traded in a tight range today, but though the Dow, S&P 500, and Nasdaq closed near breakeven, all three indexes managed to grab fresh record highs. Trade uncertainty was hanging over equities early on, with the weakness spreading to the commodity space, where oil prices struggled. The action could pick up tomorrow, however, as earnings will come into focus...Read More

Colorado was built on mining, especially on gold. Today in Teller County that gold is providing jobs and helping fund communities.Read full newsRead More

Short-term MU options are pricing in low volatility expectations right nowMicron Technology, Inc. (NASDAQ:MU) is slated to report earnings in mid-December, and the chip stock has a history of making big post-earnings moves -- averaging a next-day swing of 7.2% over the last two years. One options trader on Friday wagered on another volatile earnings reaction for Micron, initiating a long straddle...Read More

The European Union is accusing Amazon of prioritizing merchants using its warehouse and delivery servicesThe shares of Amazon.com, Inc (NASDAQ:AMZN) are waffling around breakeven today, slightly higher at last check to trade at $1,738.34. This comes after Bloomberg reported over the weekend allegations from European Union antitrust regulatorsthat the e-tail giant is prioritizing merchants who util...Read More

CNC is pacing for its best close in monthsCentene Corp (NYSE:CNC) shares are building off of Friday's 5.3% rally, up 2.8% at $59.16, putting them on pace for the highest close since mid-March, and the first above the 320-day moving average since around the same time. Another weekly win this week would be an eighth straight for the healthcare stock, and even with the $60 region standing overhead as...Read More

Coty bought a sizable stake in Kylie Jenner's businessStocks are hitting fresh highs to start the week, although oil prices are lower. Among three names making notable moves higher today are biotech issue Karuna Therapeutics Inc (NASDAQ:KRTX), cosmetics concern Coty Inc (NYSE:COTY), and Russian online services stock Yandex NV (NASDAQ:YNDX). Here's a quick look at what's moving the shares of KRT...Read More