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

Overhead pressure has been seen at the 20- and 30-day moving averagesAlthough the social media name reported third-quarter earnings that were above analyst estimates, a lower-than-expected quarterly revenue and a narrower-than-anticipated revised full-year sales forecast has Pinterest Inc (NYSE:PINS) deep in the red this morning. Last seen down 21.7% at $19.69, PINS opened at a fresh record low o...Read More

Call options have been popular on IMAXImax Corp (NYSE:IMAX) just received an upgrade to "buy" from "hold" from Canaccord Genuity, which set a $25 price target on the stock. In its note, the brokerage firm called out the company's performance in China, and said several key titles on the 2020 movie slate were shot with IMAX cameras. The bullish recommendation puts Canaccord in line with its analyst...Read More

AIG is lower today after an earnings missInsurance stock American International Group Inc (NYSE:AIG) is down 0.8% today to trade at $52.69, after the company reported adjusted third-quarter earnings of 56 cents per share, lower than the $1 consensus estimate. AIG cited weaknesses in its life and retirement business as reasons for the dismal report. Losses today are held in check by a revenue beat...Read More

Stocks are set to benefit from this morning's nonfarm payrolls reportDow Jones Industrial Average (DJI) futures are on the rise today thanks to the impressive jobs report for October. Specifically, nonfarm payrolls for the month increased by 128,000, blowing past estimates of 75,000. Traders are also considering another round of corporate earnings, headlined by Dow components Exxon Mobil (XOM) and...Read More

Porter Stansberry is making a concerning prediction.No one believed Porter Stansberry years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt.And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America's biggest mall owner)... or that oil would fall from over $100 per barrel...Read More

Nickel miner Independence Group NL said on Friday it will stop work on developin...Read full newsRead More

The DPA said the new position would see Anghel lead development and implementation of the association's "external engagement strategy", working with most of the world's big diamond mining companies."[Anghel] will lead the DPA's global public affairs agenda in important areas such as terminologies and nomenclature and she will take responsibility for the DPA's industry programs, including the ASSUR...Read More

(IDEX Online) - While the price of round diamonds was mostly stable in October, especially for the smaller goods, there was some positive movement in the 0.3 to 0.5 carat rounds. Prices of goods sized 2 carats and above saw more movement with a number of categories experiencing a decline. There was more movement in the prices of fancy goods, especially from 0.70 carats and up. Certain categor...Read More

The worst unrest in Chile in a generation threatens to overturn assumptions about one of South America's most stable countries and the world's leading copper producer.All it took was a US4 ? rise in the peak hour fares on the Santiago metro on Oct. 6. But by Oct. 18, a week of mass fare-jumping by high school and university students had descended into widespread vandalism and pitched battles with...Read More

The company expects its CHESS Depositary Interests to be suspended on December 2 before being delisted on December 4. Hong Kong will remain its home bourse.Read More

The manufacturer and supplier, which produces pumps and water handling and waste management systems for mines and quarries, among a host of other industry segments, posted revenues of $5.2 billion last year."Solid demand and disciplined execution in our largest markets drove margin expansion and delivery on our earnings commitments," said company CEO and president Patrick Decker."Steady revenue gr...Read More

Poster South Africa mine regeneration on trackSPONSOREDorion mineralsIn July, the company warned of a cost blowout of as much as US$1.9 billion on the $5.Read More

Dear Rich Lifer,You're probably familiar with the '4 percent rule' and 'Multiply by 25' rule.If you haven't heard of these rules, don't worry! I'll explain in second.But first, I'm willing to bet that those of you who have heard of these rules are getting them confused.Multiply by 25The 'Multiply by 25' rule estimates how much money you need to retire worry free.Here's how it works: multiply your...Read More

UEX (TSX: UEX) has intersected new uranium mineralization at its 60%-owned Christie Lake project, 9 km northeast of Cameco's (TSX: CCO; NYSE: CCJ) McArthur River uranium mine in northern Saskatchewan.The new mineralization was found in hole 141, 8 metres above an unconformity. The drill hole returned a radiometric equivalent grade (REG) of 1.17% uranium oxide (U?,?O?,^) over 2 metres, from 498 met...Read More

"Revenue from the system could begin before the end of 2019," the broker said.Read More

Production at Aim-listed Firestone Diamonds' Liqhobong mine, in Lesotho, has resumed, after the company successfully installed rented diesel generators to power the mine's processing plant.The diamond miner last month reported that the mine was struggling amid insufficient power supply from the Lesotho grid, as a result of a two-month maintenance shutdown of the Lesotho Highlands Water Pro...Read More

On Wednesday, the Federal Reserve cut its key rate by another 0.25%, dragging it down to a range of 1.5-1.75%.And that really better do the trick, because Fed Chairman Jerome Powell signaled the central bank will now be taking a breather.Indeed, language from the Fed's statement that had previously stated the FOMC would "act as appropriate to sustain the expansion," was replaced by new language st...Read More

The ASX-listed company (ORI) saw revenue growth across all its regions and divisions in the 12 months to the end of September this year, compared with the previous year. "Volumes are growing and our market-leading technology solutions are gaining traction with customers. Our growth drivers are starting to deliver," managing director Alberto Calderon said.Orica said it "anticipates higher earnings...Read More

HeyBryan, the app that connects home-maintenance Experts to homeowners and anyone else looking for help with small tasks around the home, is pleased to announce ... Continue readingRead full newsRead More

The psychedelics reform movement is quietly advancing throughout the country, with four more major cities poised to take up proposals to decriminalize entheogenic substances such as psilocybin mushrooms. Advocates in Portland, Chicago, Berkeley and Dallas are pushing decriminalization measures-either through City Council action or ballot measures-aiming to build on successful campaigns to depriori...Read More