The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
MYOV options are reasonably priced at the momentAt the top of the Nasdaq this morning sits U.K.-based biotech Myovant Sciences Ltd (NYSE:MYOV), up 141% to trade at $14.62. Powering today's breakout is relugolix, the company's treatment for advanced prostate cancer that met its primary and secondary goals in a late-stage trial. Myovant Sciences stock is now trading north of double digits for the...Read More
Areas where trees have been removed soared 29.5% to 9,762 square km in the year to July 30, 2019 at a pace equivalent to about two soccer fields a minute - the fastest since 2008.Read full newsRead More
Guggenheim downgraded MSG Networks to "sell" from "neutral" The shares of cable TV company MSG Networks Inc (NYSE:MSGN) are lower this morning, following a downgrade from Guggenheim to "sell" from neutral." The brokerage firm maintained its $15 price target -- a 19% discount to last night's close -- and said it foresees a challenged position for the entertainment name amid upcoming contract renewa...Read More
Morgan Stanley says sentiment is too bearish around BroadcomBroadcom Inc (NASDAQ:AVGO) is trading up 1.9% at $317 this morning after Morgan Stanley named the semiconductor stock a top pick, upgrading its view to "overweight" from "equal-weight" and lifting its price target to $367 from $298. The brokerage firm cited overly pessimistic sentiment around the security, writing that it's bullish on Bro...Read More
The blue-chip index is shrugging off a slashed sales forecast from Home DepotDow futures are on pace for yet another record high today, boosted by pre-market strength for Boeing stock after the aerospace giant attracted over 50 orders for its contentious 737 Max jet during the Dubai Air Show. This news is helping to offset abysmal earnings from Home Depot, with HD stock sliding more than 3% ahead...Read More
Indonesia's coordinating minister who oversees mining said on Monday he hop...Read full newsRead More
The new stock tracker is staring down a critical "line in the sand" on a daily chartPerhaps no single name better exemplifies the sheer exhaustion surrounding the late-2019 initial public offering (IPO) market than WeWork. Hopes for a roughly $9 billion public debut evaporated seemingly overnight in late September amid grave concerns over out-of-control spending and lack of oversight, and the offi...Read More
Canadian miner Barrick Gold Corp is keen to top its $1.5 billion target for asse...Read full newsRead More
Christopher Lewis8 hours ago (Nov 18, 2019 4:52 PM GMT)Gold markets initially pulled back during the trading session on Monday, as there were reports of positivity coming out of the calls between the Americans and the Chinese over the weekend, but since then we have seen a complete turnaround in the rhetoric, and now it suggests that perhaps there is more of a “risk on” type of scena...Read More
The FTSE100 closed higher in London and Australasian markets were mixed yesterday, as were market futures.IG market analyst Kyle Rodda noted there was growing confidence of a "smooth Brexit" in the UK and hopes for further economic stimulus after a move by the People's Bank of China to boost liquidity in the country's financial system, however the positivity was "washed out" by the pessimism.Meanw...Read More
The rail workers' union, Teamsters Canada Rail Conference, announced months of negotiations broke down with CN "unwilling to address safety issues".According to the union, CN currently requires members to operate trains alone from outside of the locomotive, hanging on to moving trains with one hand while operating a remotely controlled locomotive with the other. Railroaders are expected to do this...Read More
Chilean Metals CEO Terry Lynch launched the group yesterday, to lobby for regulatory changes which he said had created severe challenges for juniors such as "predatory short selling". The group is pushing for two outcomes - to restore the no short on the uptick rule or abolish short selling on listed companies under $250 million; and secure a public commitment from investment banks to allow l...Read More
(IDEX Online) - Stephane Fischler, President of the World Diamond Council (WDC), told government representatives at the 2019 Kimberley Process (KP) Plenary Meeting that the future of the process depends on them.During the address at the start of the Plenary Meeting in New Delhi, India, Fischer said that with the end of a three-year reform and review cycle, governments hold the future of the KP in...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