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

Data from the major exchanges shows traders were betting bullishly in recent weeksMorgan Stanley (NYSE:MS) is trading up 2.9% at $44.04, thanks to the company's strong showing in the earnings booth. The bank reported earnings per share of $1.27, easily surpassing the average analyst estimate of $1.11, due mostly to its fixed income business. The gap higher for MS shares has them clearing the 200-d...Read More

This is Tesla's longest winning streak everElon Musk and Tesla Inc (NASDAQ:TSLA) got some good news this morning, after the electric carmaker was added to China's government list of approved automotive manufacturers. With the certificate, Tesla can now begin manufacturing in China, and aims to produce 1,000 Model 3s per week by the end of 2019. In response to the approval, Tesla stock is up 1%...Read More

Most analysts are already skeptical of BIIB stockBofA-Merrill Lynch resumed coverage on Biogen Inc (NASDAQ:BIIB) with an "underperform" rating and a $200 price target -- a more than 12% discount to last night's close. The brokerage firm cited increasing competition for the drugmaker's Spinraza, as well as a high risk/reward pipeline.Most analysts are already on the sidelines when it comes to Bioge...Read More

CRUS has been consolidating since its Aug. 1 peak Semiconductor supplier Cirrus Logic, Inc. (NASDAQ:CRUS) is moving 3.7% higher to trade at $56.59 this morning. Behind the lift is a fresh upgrade to "equal-weight" from "underweight" and price-target hike to $55 out of Barclays. The analyst wrote that the firm no longer sees "a catalyst to the downside" and is expecting strength next year on the p...Read More

The firm said it would be partnering with Amazon and Electrify America on expanding its electric car charging options Shares of Ford Motor Company (NYSE:F) are inching higher today, following the firm's announcement that it is teaming up with Amazon's (AMZN) Home Services to install home charging options for its electric cars. The company also unveiled a new public charging network in collaboratio...Read More

Netflix earnings are in focus this morningU.S. stocks are pointing to a positive open this morning. Traders are monitoring a potential Brexit deal between the European Union and the U.K., though it's uncertain if the agreement will pass Parliament this weekend. Back on the home front, earnings remain in focus, with names like Morgan Stanley (MS), IBM (IBM), and Netflix (NFLX) making big moves afte...Read More

US and UK market indices closed lower while most Asian markets were positive yesterday.Copper staged a "modest pick-up" yesterday afternoon on the London Metal Exchange, to close down 0.7%.The move came amid reports of workers at Antofagasta's Antucoya mine in Chile set to strike, following a strike which began this week at Teck's Carmen de Andacollo mine and the Peruvian government declaring a st...Read More

Diamond production in Q3 grew by 24% quarter on quarter and 15% year on year to 12.1m carats, the company said Thursday. Alrosa attributed the quarter on quarter rise to "seasonally increased production at alluvial deposits". The year on year growth was down to start up at the V.Munskoye deposit in Q4 2018 and increased production at the Botuobinskaya pipe, it said.Sales excluding polished diamond...Read More

Having failed to win a referendum to amend the constitution in 2016, he turned to the courts he filled with friendly faces to win the right to run again.Read More

(IDEX Online) - Diamond producer Alrosa today (Thursday) reported that its Q3 2019 diamond production hit 12.1 million carats, with sales totaling 6.4 million carats by volume and $0.6 billion by value. The miner said the increase in output - up 24 percent quarter-over-quarter and 15 percent year-over-year, was due to the launch of production at new deposits and the expansion of existing area...Read More

(IDEX Online) - Rio Tinto has announced that lower mining grades and reduced ore availability led to a drop in its third-quarter diamond production at its two mines.At the 100-percent owned Argyle mine in Australia, production was 7 percent lower than the same period of 2018 due to lower recovered grade. This resulted in a production level of 3.6 million carats for the three-month period ended Sep...Read More

(IDEX Online) - Platinum Guild International (PGI) has opened its first showroom in Shenzhen, China. The opening is part of the organization's strategy to target younger consumers in a country that traditionally values gold. "Research has shown that the number one barrier to acquiring platinum jewellery in recent years has been the lack of appealing designs, so PGI has worked closely wit...Read More

The absence of new mining projects, owing to limited exploration, continues to weigh on the future sustainability of South Africa’s once thriving mining sector, which once captured a larger share of major mining budgets.“There is simply not enough investment in new mineral exploration to take advantage of the country’s geological potential,” says a Minerals Council South Af...Read More

ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes (Endiama) and Rosas & Petalas have earned a further A$3.9-million from the sale of diamonds recovered at the Lulo mine, in Angola.Lucapa reported on Thursday that it had sold a parcel of 1 736 ct at an average price of A$2 265/ct.AdvertisementThis brought total sales for the year to date to A$50.2-million, at an a...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesMMG has met with officials from the Ministry of Transport and Communications (MTC) regarding the evaluation of pre-investment studies for a concentrate pipeline, a railroad or a combination of both, according to VP corporate affairs Domingo Drago.The mine's trucking operation hasd been blockaded for several weeks at various points of...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe pair signed a two-year, US$2 million exploration financing agreement over the Laramide copper belt in May and completed their first quarterly technical committee meeting last month."We are encouraged by the collaboration with BHP to-date and our technical team continues to progress on new prospect generation in north-eastern Sono...Read More

A further 10 diamond holes for 12,441m, drilled between February and June, returned "encouraging" results. Intersections included a standout 205m at 2.04% copper and 0.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 maplecroftHaving failed to win a referendum to amend the constitution in 2016, he turned to the co...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 maplecroftTwo weeks ago, my From the Capital column was about uranium company valuations.Read More

U.S. Vanadium, a private company in which venture capital firm Elysee Development Corp. (TSXV: ELC) has a 15% stake, is acquiring a Russian-owned production plant in Hot Springs, Ark., that produces vanadium pentoxide.Russian steel producer, Evraz, purchased the plant in 2007."I cannot speak to why they were interested in selling it," Jim Sims, a spokesman for U.S. Vanadium, tells The Northern Min...Read More