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

BYND is fresh off its worst weekly loss in almost two monthsThe shares of Beyond Meat Inc (NASDAQ:BYND) are down 4.2% to trade at $125.88 today, after Wells Fargo initiated coverage on the faux-meat concern with a "market perform" rating and $125 price target. The analyst in coverage advised investors to tone down the aggressive expectations, and cautioned "restraint," as the market waits for mo...Read More

KSS is bumping up against its 120-day moving averageThe shares of department store Kohl's Corporation (NYSE:KSS) are slightly lower this morning, set to snap a seven-day win streak -- their longest in at least a year. KSS jumped last week after naming Executive Vice President Jill Timm as its new chief financial officer (CFO). She will be replacing retiring CFO Bruce Besanko starting Nov. 1. KSS s...Read More

Citi set a Street-low price target on the cybersecurity stockCitigroup initiated coverage on CrowdStrike Holdings Inc (NASDAQ:CRWD) with a "sell" rating and a $43 price target -- a nearly 29% discount to last Friday's close at $60.27, and the lowest on Wall Street. The brokerage firm expressed concern over the cybersecurity stock's valuation, echoing a bear note issued by Goldman Sachs on Friday.I...Read More

Planet Fitness stock has shed 18% over the past six months aloneShares of fitness chain Planet Fitness Inc (NYSE:PLNT) are moving 1.6% higher in pre-market trading, fresh off an upgrade out of Imperial Capital. The brokerage firm upgraded to "outperform" from "in-line," calling the exercise specialist a "best in class" stock. The analyst also cited notable consumer growth.PLNT has struggled on th...Read More

China may not be ready to sign any type of trade agreementDow Jones Industrial Average (DJI) futures are trading below fair value this morning. Stocks look set to cool from last week's trade-induced rally, with Bloomberg reporting that China may want more talks later this month with the U.S. before it formally commits to any type of deal. Aside from trade buzz, there's little else on the schedule...Read More

The 14 level could come into play for the VIX in the near term"Since late April, when the SPX touched 2,950 after going pretty much straight up since the December low, the action can best be described as 'messy,' with a range mostly between 2,850 and 3,000...Expect more of the same in the coming weeks - 'messy action' in equity benchmarks. A plethora of uncertainties has been thrown at market pa...Read More

US president Donald Trump tweeted the "phase one" deal could be finalised and signed soon, with China already buying agricultural products and the US not increasing tariffs from 25% to 30% tomorrow."The relationship with China is very good," he said.Safe haven asset gold lost a bit of its lustre, dropping to about US$1,483 an ounce on the spot market this morning.Key market indices closed higher o...Read More

Scotgold's trading activity was sufficiently intense to trigger two consecutive price extensions on the LSE.Read More

While there is no indication the Qataris will step forward with the US$500m Sirius was looking for, it is interesting the UK player has signed a deal with a business owned by one of their largestRead More

RUSTENBURG – The nationalisation of mines will lead to industrialisation, growth of the economy and jobs, Forum 4 Service Delivery Youth said on Monday."The industrial strategy adopted by government will never succeed unless we have State control and ownership of the natural resources," said Kgothatso Ramautswa, president of the youth wing.Advertisement"It is important to high...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesCodelco had cancelled SNC's US$260 million mining and metallurgy contract at Chuquicamata in March.  At the time, Codelco said the Canadian company had failed to meet its commitments while SNC said the termination was unwarranted and in breach of good faith agreements. Golden Mile goes back to the futureSPONSOREDgolden mile reso...Read More

I still remember the day my college girlfriend told me her dad's stock portfolio was worth $110,000.I was floored. Between that, a good job, and a nice house on Long Island- the guy was rich!Twenty years later, it would take a little bit more to get my attention.I tell you, as modestly as possible, that my current home is worth eleven times as much as that $110,000 stock portfolio. My investments,...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 maplecroftThree of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group...Read More

All is not well behind the curtain.If all you did was listen to the talking heads on TV you might think things are all right.You've heard the talking points. The economy is strong, we just recorded the lowest unemployment rate in 50 years etc. etc.But dig a little deeper and there's a lot to be worried about.While unemployment is at a 50-year low, the U.S. manufacturing index showed its worst read...Read More

HARARE – Zimbabwe expects to increase diamond production to 11-million carats by 2023 from 3.2-million carats last year, the Mines Minister said on Monday, part of an ambitious plan to raise mining output and earn the country $12-billion a year.The mineral-rich southern African nation sees the mining sector as the main driver for reviving an economy crippled by triple-digit inflation and hig...Read More

KatoroGold (LSE:KAT) jumped by 10pc to 1.1p a share on Tuesday afterfurtheroutlining the exploration potential of its Haneti project inTanzania. The firm said the project, which covers c.5,000km2, is apolymetallic system with identified potential for both nickelsulphides and laterites, platinuRead full newsRead More

(IDEX Online) - Lightbox, the lab-grown diamond fashion jewelry brand owned by De Beers, will soon be available at select Bloomingdale's department stores and Reeds Jewelers locations. It's a big departure for the brand, which has only been available online or at promotional pop-up stores.According to an article in Forbes, the initial trial roll out includes Bloomingdale's 59th Stre...Read More

(IDEX Online) - Las Vegas-based AGS Laboratories has added a digital grading report option to its services. The documents are formatted in the same way as a traditional printed report.The digital reports live on AGS Laboratories Only My Diamond (OMD), which gives consumers a video of the diamond, an explanation of the 4Cs, the diamond's clarity plot, laser inscription and sharing options.They...Read More

(IDEX Online) - Jean-Marc Lieberherr is stepping down from his role as CEO of the Diamond Producers Association (DPA) after leading the organization for four years. He will be succeeded by David Kellie, who has spent 14 years at Ralph Lauren and is currently head of U.S. marketing at Watches of Switzerland. The DPA said Lieberherr will remain in his role until his contract period ends on Dece...Read More

(IDEX Online) - A necklace created by Chinese jewelry artist Anna Hu sold for $5.78 million at Sotheby's Magnificent Jewels and Jadeite auction in Hong Kong, smashing auction records with the highest price for a contemporary jewelry creation. The "Dunhuang Pipa Necklace", which was commissioned by Sotheby's, features a 100.02-carat fancy intense yellow diamond. The 18 karat white an...Read More