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

Baird analysts are moving to the sidelines on ARWRGene silencing expert Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) has been a major winner in 2019. The shares are up more than 200% year-to-date and have added 41% in the past month alone, while yesterday touching their highest point in almost 12 years. However, one brokerage firm is telling investors it's time to move to the sidelines on ARWR stoc...Read More

NOK hit a six-year low out of the gateNokia Oyj (NYSE:NOK) stock has plunged 21.3% to trade at $4.02 -- earlier hitting a six-year low of $3.98 -- after the Finnish telecom network equipment maker cut its 2019 and 2020 profit guidance, citing rising costs associated with 5G technology and margin pressures. NOK also said it will temporarily suspend its dividend payment until its cash flow stabilize...Read More

Microsoft's strong report is helping the Dow Investors are again monitoring a heavy dose of corporate earnings this morning. Dow Jones Industrial Average (DJI) futures are getting a boost thanks to well-received reports from Microsoft (MSFT) and Dow (DOW), which are overshadowing pre-market losses for 3M (MMM). While there is some economic data to consider today, including this morning's weekly jo...Read More

SINGAPORE - Nickel prices touched a more than one-week high on Thursday, after authorities in Papua New Guinea shut down a nickel project following a slurry spill.Papua New Guinea has closed ...Read full newsRead More

After working 25, 30, 35 years, or longer, you might think that retirement will be a like a permanent vacation where you sit back with your feet up and watch the world whiz by. But it's not. Retiring is a life changer, it can be a shock to your system, and it's not all fun. In fact, it may actually be the toughest job you've ever had. That's because one of the biggest challenges you'll face for th...Read More

Copper climbed more than 1% on the London Metal Exchange as copper mines in Chile were impacted by workers joining anti-government protests. Zinc-focused Callinex Mines (TSXV: CNX) jumped 38.4% or C20c to 72c on announcing it had started its 2019 Bathurst drilling campaign in New Brunswick at the Nash Creek and Superjack projects, where it's hoping to show "district-scale potential" and enhan...Read More

(IDEX Online) - Firestone Diamonds plc sold 168,612 carats of diamonds during its first quarter ended September 30, 2019, realizing $10.6 million and an average per carat price of $63. This compares to the sale of 177,521 carats in the fourth quarter of 2019, which generated $12.7 million and an average per carat price of $71.The fall in revenue came despite the sale of a 37-carat fancy pink...Read More

(IDEX Online) - De Beers is shining a light on how it grades and tests rare fancy colored diamonds with a series of interactive hands-on demonstrations at Christie's auction house in London. The demonstrations are part of Christie's "Rare Treasures of the Earth" exhibition of exceptional fancy color diamonds and gemstones and will be conducted by De Beers Group Institute of Diamonds...Read More

Tiffany & Co. is offering a $112,000 advent calendar as one of 12 gifts in the luxury retailers first ever holiday catalog. Other gifts in the catalog includes a custom-made Tiffany Blue motorcycle created with Indian Motorcycle Co., a solid sterling silver greenhouse and a trip through Kenya that features an 11-day safari through the Samburu National Reserve.For those who want a unique design...Read More

JOHANNESBURG (miningweekly.com) – The first motion of the world’s largest hydrogen-powered mine haul truck is scheduled for mid-2020, with testing continuing at Anglo American Platinum’s Mogalakwena mine until the end of the year.This climate-positive development by London- and Johannesburg-listed Anglo American will be open to the mining industry as a whole and not just the comp...Read More

Aim-listed Vast Resources has signed the documents for a $15-million finance facility to fund its operations in Romania and Zimbabwe.The company signed the binding conditional bond issue deed with UK-based fund Atlas Capital Markets.AdvertisementThe Atlas facility offered full funding to reach production at the Baita Plai polymetallic mine, in Romania, and at the Chiadzwa Community diamond concess...Read More

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftOperating profit was virtually flat at SEK 1.6bn (US$120 million), while free cash flow...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesCopper production stood at 82,900 tonnes, a quarterly record, which KAZ said put it on track to hit its 2019 guidance of around 300,000t.Read More

Vermelho - one of the largest and highest-grade undeveloped laterite nickel-cobalt resources in the world - will generate US$7.3 billion in total cash flow over 38 years, Horizonte Minerals (TSX: HZM; LON: HZM) says.The company acquired the Brazilian asset last year from Vale (NYSE: VALE) for US$8 million in cash - US$2 million upfront and the balance on production.The project will produce nickel...Read More

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftASX-listed mining companies have, on my reckoning, completed 53 business case studies ra...Read More

ASX-listed Lucapa Diamonds' continued focus on operational and productivity improvements and reductions in operating costs at the Mothae mine, in Lesotho, and the Lulo mine, in Angola, enabled it to deliver robust results for the quarter ended September 30, despite the headwinds facing the diamond sector, MD Stephen Wetherall said on Thursday.“The decline in global rough diamond demand t...Read More

"Presently I shall take leave of you. By guiding these wings up and down, I should ascend like the birds. If all goes well, after soaring for a time, I should be able to return safely to your side."These are the words of Abbas ibn Firnas - the first man in recorded history to actually test a flying machine.It worked: the 70-year-old astronomer and poet jumped off of the minaret of the Mosque-Cathe...Read More

Both Caterpillar and Boeing presented profits that missed the mark The Dow spent time on both sides of breakeven amid a busy day for blue chips. On the earnings front, Caterpillar (CAT) entered the confessional with revenue and profits that missed the mark, but CAT stock battled back from a rough start to climb into positive territory by the close. Boeing (BA) was also on the earnings docket today...Read More

Beyond Meat relinquished the $100 level earlier todayThe summer feels so long ago for Beyond Meat Inc (NASDAQ:BYND). The faux-meat concern is down 7.5% to trade at $99.26 today, breaching the $100 level for the first time since June 4. Also weighing on the shares is comments from CNBC's Jim Cramer last night on "Mad Money," saying he believes Beyond Meat "can go lower from here" with the company'...Read More

Short covering could be strengthening tailwinds for two of the stocksA positive earnings reaction for Boeing (BA) is keeping the Dow's head above water today. Several small-cap stocks are making notable moves today, too, including 3D printing name Nano Dimension (NASDAQ:NNDM), biotech patent specialist PDL BioPharma Inc (NASDAQ:PDLI), and shipping concern Teekay Corporation (NYSE:TK). Here's a qui...Read More