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

Vancouver, British Columbia--(Newsfile Corp. - November 12, 2019) - M3 Metals Corp. (TSXV: MT) (FSE: XOVN.F) (Read full newsRead More

Procter & Gamble is keeping the Dow above waterStocks are sticking close to the flatline at midday, as Wall Street keeps a close eye on Capitol Hill. In addition to congressional testimony from Fed Chair Jerome Powell -- who said in prepared remarks that the "current stance of monetary policy is likely to remain appropriate" -- traders are watching the first day of public impeachment hearings agai...Read More

HPQ's November 19.50 put has been popular latelyA week ago today, the shares of HP Inc (NYSE:HPQ) gapped higher amid reports of Xerox's (XRX) bid to take over HP is a cash-and-stock offer of $22 per share. Since then, however, the stock has cooled on news that the sale is facing some uncertainty -- and to make matters worse -- HPQ is sitting just below a historically bearish trendline.In other wo...Read More

NetApp will report its fiscal second-quarter earnings after the close todayThe shares of cloud software concern NetApp Inc. (NASDAQ:NTAP) are eyeing their fourth consecutive win today, inching up 0.9% to trade at $60.68 ahead of the firm's fiscal second-quarter earnings report, due out after the close tonight. Since staging a bounce off its one-month lows near the $49 region in mid-October, NTAP h...Read More

Alibaba expects to raise up to $15 billion in its Hong Kong IPOThe shares of Alibaba Group Holding Ltd (NYSE:BABA) are lower, after the company launched its secondary listing in Hong Kong. The China-based e-commerce giant said it expects to raise as much as $15 billion in the initial public offering (IPO), which would mark the world's biggest cross-border secondary listing ever, with the shares ex...Read More

UAL options can be had for a bargain, tooThe shares of United Continental Holdings Inc (NASDAQ:UAL) are trading at $92.71 this morning, after UBS initiated coverage on the airliner with a "buy" rating and $110 price target. The analyst in coverage glowed about the company's cost management profile in comparison to sector peers. UAL is now trading within a chip-shot of its Dec. 3 record high of $...Read More

Walmart's earnings release tomorrow could bring in more bullsWalmart Inc (NYSE:WMT) will report earnings before the open tomorrow, Nov. 14, and the stock just received a bullish analyst note from Telsey Advisory Group. The firm lifted its price target on the Dow component to $130 from $125, putting it deeper into record-high territory. WMT shares peaked at $120.92 last week, and are trading right...Read More

Wall Street is gearing up for Fed Chair Jerome Powell's testimony to the Congressional Joint Economic committee later todayDow futures are trading nearly 88 points below fair value this morning as investors look ahead to Fed Chair Jerome Powell's testimony later today before the Congressional Joint Economic Committee, just weeks after the Federal Open Market Committee (FOMC) once again cut interes...Read More

A look at how presidential elections affect stocks, and vice versa We're less than a year away from the 2020 U.S. presidential election. So, I decided to look at whether there's been anything significant about how stocks behaved in the year before elections. The table below summarizes the S&P 500 returns in the 252 trading days before Election Day each year since 1950 (Election Day is the Tuesday...Read More

Sterck visited the assets in the Bowen basin, central Queensland, on Wednesday, and said in a note his key takeaway was "the logical approach being taken to delivering these improvements as well asRead More

(IDEX Online) - GIA (Gemological Institute of America) has welcomed two new members to its Board of Governors. They are Dr. Jeffrey Post and Tammy Storino.Dr. Post is a research geologist at the Smithsonian National Museum of Natural History and is also the curator-in-charge of the museum's National Gem and Mineral Collection.He has also served as chairman of the department of mineral science...Read More

(IDEX Online) - De Beers today said it provisionally sold $390 million worth of rough diamonds at its ninth Sight of the year, which took place earlier this month.This compares to sales of $442 million in 2018. Sight 1Sight 2Sight 3Sight 4Sight 5Sight 6Sight 7Sight 8Sight 92019$500 M$496 M$581 M$416 M$391 M$250 M$287 M$297 M $390 M (provisional)2018$672 M$563 M$524 M$554 M$581 M$533 M$50...Read More

(IDEX Online) - Diamond explorer Botswana Diamonds PLC has announced the recovery of the first diamonds from diamond-bearing gravels and unprocessed stockpiles surrounding the Marsfontein Mine. The stockpiles are believed to contain commercial-grade diamonds."I am delighted with the rapid progress the team has made on-site and it is noteworthy that the first diamonds were recovered within two...Read More

HARARE – Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes, mines minister Winston Chitando said on Wednesday.Chitando said some investors had not developed gold and platinum assets that they had held dating back to the 1960s and the mines ministry had asked some companies to justify why they should keep...Read More

Diamond miner De Beers’ rough diamond sales value for the ninth sales cycle of this year increased to $390-million, compared with the $297-million reported for the eighth sales cycle.Sales were, however, lower than the $442-million recorded for the ninth sales cycle of 2018.AdvertisementCEO Bruce Cleaver commented that with signs of increasing polished price stability, the ninth sales cycle...Read More

Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaWeighing on results was a $242 million impairment charge on the stalled Rosemont project in Arizona following another legal setback two weeks ago...Read More

Unlike the recurring attacks by armed jihadists in Burkina Faso, the rebel groups that are making mining impossible for Banro in the Democratic Republic of the Congo (DRC) are motivated more by commercial than religious reasons, CEO Brett Richards says."They run artisanal mining activities in the country and they can generate substantial revenue," Richards says of the well-organized and heavily ar...Read More

Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaIt is a common human conceit that we always tend to think that what is happening to us is the most important thing that has ever happened to anyo...Read More

LONDON – Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who – the theory went – didn’t covet sparkly gems the way their parents had.The concern turned out to be mostly unfounded, but the reality is almost worse. While Americans are buying more diamond jewellery than ever before, most polished diamonds are getting steadily chea...Read More

Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities.The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elderl...Read More