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

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...Read full newsRead More

OLLI stock is trading higher todayOllie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is up 3% today at $60.42, after RBC upgraded the stock to "outperform" from "sector perform" and lifted its price target to $67 from $65. Most analysts are already bullish, with eight of 12 in coverage handing out "strong buy" recommendations. Options traders have also been bullish, based on the 10-day call/put vol...Read More

The firm's omaveloxolone drug met the main goal of a mid-stage studyThe shares of Reata Pharmaceuticals Inc (NASDAQ:RETA) have skyrocketed 46.7% to trade at $147.57, and earlier touched a record high of $149.80, thanks to strong data on the company's degenerative neuromuscular disorder treatment. RETA stock is pacing for a fourth straight gain andits biggest one-day surge since July 2018, and seve...Read More

NVDA is on track for its fifth straight winThe shares of Nvidia Corporation (NASDAQ:NVDA) are up 2.4% to trade at $190.96 this morning, after BofA-Merrill Lynch hiked its price target to $250 from $225, territory not traded at in roughly a year. The new target is the highest on Wall Street, and the analyst in coverage expressed "increased confidence" in the chipmaker's growth profile. More speci...Read More

JPMorgan's earnings were particularly strongDow Jones Industrial Average (DJI) futures are trading above fair value this morning, pointing to a strong start to earnings season. It's been a good morning for blue chips on that front, with Johnson & Johnson (JNJ), JPMorgan Chase (JPM), and UnitedHealth (UNH) all set to rise after their quarterly reports. While trade buzz is still lingering in the bac...Read More

The percentage of Nasdaq stocks above their 200-day is approaching its June lowsWhile technical warning signs for the stock market have taken something of a backseat to the daily parade of geopolitical headlines, concerns about market breadth have been bubbling under the surface for some time now. The percentage of S&P 500 Index (SPX) stocks trading above their 50-day moving averages has rebounded...Read More

... thanks to the explosion in pork prices (as 'pig ebola' spreads), Chinese consumers are facing the highest inflation since 2013.Read full newsRead More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe company said on Sunday the Teck Carmen de Andacollo Workers Union, which represents 473 workers, had given notice it planned to start strike action on October 14.Teck said the previous collective bargaining agreement had expired on September 30 and the five-day mediation process had ended on October 11 without a new deal.Golden M...Read More

Vancouver-based explorer Falcon Gold Corp. (TSXV: FG) announced in September that it signed two binding agreements to acquire a 100% interest in two gold mining claim blocks in the Red Lake mining district in northwest Ontario.The two new acquisitions add to Falcon's existing portfolio of gold, copper, nickel and cobalt projects in central Canada and Argentina.The two claims cover an area of appro...Read More

China had appeared less enthused than the US about progress towards a phase one trade deal, time for Brexit negotiations is running out before an EU summit on Thursday and attention turns towards earnings season."With the abovementioned backdrop of scepticism setting in on US-China trade, Asia markets may find more lacklustre movements going into Tuesday," IG market analyst Jingyi Pan said this mo...Read More

Mincor Resources' David Southam told the Paydirt Australian Nickel Conference planned development of the Cassini underground mine next year could "showcase" the use of electric light vehicles and possibly other EVs if its exploration continued to expand resources and project life.Mincor wants to make Cassini the centrepiece of a three-part plan to mine up to 600,000 tonnes a year of ore to supply...Read More

The company also said initial production would be delayed from the previous guidance of late 2020.Read More

Mining company Firestone Diamonds has placed an order to hire diesel generator units to run the processing plant at its Liqhobong mine, in Lesotho, as the operation continues to struggle without sufficient power from the grid.The units are scheduled to arrive on site by the end of the month and to be fully operational in early November, Firestone said on Tuesday.AdvertisementThe generators would b...Read More

LSE-listed Petra Diamonds’ total payments to governments for the financial year ended June 30, amounted to $23.1-million.This is lower than the $25.6-million paid to governments in the 2018 financial year.AdvertisementPetra paid the South African government about $15.41-million in taxes and royalties for the year under review.The company owns and operates the Cullinan, Finsch and Koffiefonte...Read More

De Beers Group Auctions, a subsidiary of diamond miner De Beers, on Tuesday launched its new digital auction portal, which is aimed at enhancing customers' bidding experience.“At De Beers Group Auctions, our raison d’etre is to provide our customers a smart and seamless way to source natural diamonds. We plan to do that through continuous improvement of our industry-leading auction...Read More

LIMA, Peru (miningweekly.com) – The planned introduction of an autonomous fleet at the Quellaveco copper mine in Peru will not impact jobs, Anglo American Peru CEO Tom McCulley told a visiting international media contingent on Monday.Quellevaco has a north and south pit and the automation will begin with seven trucks at the south pit and in the over two years to October 2022 include the nort...Read More

HARARE – Zimbabwe is targeting a fourfold increase in revenue from minerals by 2023 but an ambitious plan unveiled by Mines Minister Winston Chitando on Monday gave little detail on how the government would achieve this.The policy document, known as the Strategic Road to the Achievement of $12-billion By 2023, sees gold exports at $4-billion and platinum at $3-billion as the government focus...Read More

One hundred years old is an age most people, including the average American, won't reach yet certain areas in the world are hotspots for centenarians.In 2012, National Geographic and a research team headed by Dan Buettner set out to learn why do people in some parts of the world live so much longer than others?What they discovered were five "Blue Zone" regions, where the people not only lived long...Read More

Nemaska Lithium (TSX: NMX, US-OTC: NMKEF) plans to lay off 64 employees, or about half of its staff, after financing delays for its Whabouchi project in Quebec."This difficult decision comes after a rigorous review of the current situation and is aimed at both the optimization of current cash flow and the continuation of the project," the company said in an Oct. 15 release.Nemaska Lithium - which...Read More

Chaarat Gold CEO Artem Volynets joins the podcast this week for a feature interview with acting editor-in-chief Trish Saywell. Volynets discusses the challenges, strategies and opportunities of mining in the former Soviet Union.Artem VolynetsCEO, Chaarat GoldArtem Volynets joined Chaarat Gold as a non-executive director in March 2018 and is now the company's CEO. He made a name for himself as the...Read More