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

The number of illegal miners killed in a gold mine collapse in the Democratic Republic of Congo rose to 22 on Thursday, the country's minister of social affairs told CNN.Read full newsRead More

Russ Parker has been the CEO of Crater Gold Mining Limited (ASX:CGN) since 2015. First, this article will compare CEO...Read full newsRead More

Both NVDA and AAPL could be sensitive to the U.S.-China trade talks this weekThe shares of Nvidia Corporation (NASDAQ:NVDA) are trading up 2.5% this morning at $186.61 after RBC's price-target hike to $217 from $190, which was based off the firm's bullish view of NVDA's gaming and data center businesses. The chip stock has now jumped more than 18% in the past three months and is pacing for its hig...Read More

J.P. Morgan Securities and Cowen both like 10X Genomics Wall Street newbie 10X Genomics Inc (NASDAQ:TXG) is in focus after not one, but two analysts initiated coverage on the biotech this morning. Specifically, Cowen started following TXG with a "buy" rating, and a $55 price target, while J.P. Morgan Securities began coverage with an "overweight" rating, also giving the equity a $55 price target....Read More

UBER has recently seen resistance from its 30-dayRide-hailing service Uber Technologies Inc (NYSE:UBER) is up 1.5% this morning at $30.11,after receiving an upgrade to "buy" from "neutral" at Citigroup. The brokerage firm waxed optimistic on third-quarter results and growth for the second half of 2019, despite legal troubles the company has endured.Though it's still early, today's gains puts Uber...Read More

GE said it would freeze pensions of around 20,000 employeesGeneral Electric Company (NYSE:GE) stock is down 0.4% at $8.54, after the industrial conglomerate said it would freeze pension plans for around 20,000 salaried U.S. employees. The move comes as part of the company's broader plan to lower its pension deficit by up to $8 billion.It's been a rough stretch for GE since a late-September rejecti...Read More

XENT has now shed 45% in 2019Near the bottom of the Nasdaq this morning sits Intersect ENT Inc (NASDAQ:XENT), down 11.3% to trade at $15.06. This comes after the medical device maker's drug-coated balloon treatment for sinus dilation failed its main goals in a study. This is pacing to be XENT's worst single-session drop since an earnings-induced bear gap on Aug. 2. The shares bounced from their...Read More

There are a number of analyst notes worth monitoring this morningU.S. stock futures are pointing to a modestly lower open for equities today. There's little on the trading schedule as far as earnings and economic updates go, leaving traders to focus on the U.S.-China trade talks scheduled for later in the week. Over the weekend, a Bloomberg report indicated Beijing may not agree to a broad trade d...Read More

A VIX close above 20 could enhance the odds of a volatility spike"A VIX breakout above 18.00 coincident with the SPX closing below 2,950 could set up a retest of the August lows in the 2,850 area. A worst-case scenario for bulls would be the SPX again retesting its year-over-year breakeven level, which has been the theme of many pullbacks during 2019. The October 2018 closing low was at 2,641, whi...Read More

One of India's top three coal mines, Dipka normally produces 35 million tonnes of coal annually. However, a dramatic flood in which the nearby Lilagar River changed course led to large areas of the mine being submerged, with heavy machinery damaged.The mine's production is now less than half its normal level, and much of it remains underwater, according to operator Coal India. Local media reported...Read More

(IDEX Online) - Everyone may look for the big diamond finds, but sometimes big things come in small packages. At least, that's the case with an unusual "diamond within a diamond" found at Alrosa's Nyurba mining and processing division in Yakutia.  Experts believe that the stone, which resembles a traditional Russian Matryoshka doll, is the first diamond of its type ever found a...Read More

(IDEX Online) - Petra Diamonds will hold a special tender of the 20.08-carat blue diamond. The stone, a gem-quality Type llb diamond, was recovered from the Cullinan mine in South Africa last month.Viewings will take place at Petra's diamond marketing offices in Johannesburg from November 1-7 and at the Diamond and Exchange and Export Center from November 8-15.London Stock Exchange-listed Pet...Read More

Russian miner Alrosa has discovered what believes to be a first in the history of global diamond mining: a diamond with another diamond moving freely inside it.The unusual stone, which resembles a traditional Russian Matryoshka doll, was mined in Yakutia, Russia.AdvertisementCiting scientists, Alrosa said in a media statement that the diamond could be more than 800-million years old.Despite its co...Read More

LSE-listed Petra Diamonds will hold a special tender for the sale of a 20.08 ct blue diamond recovered from the Cullinan mine, in South Africa, in September.Viewings, which can be reserved via appointment, will take place from November 1 to 7 at Petra's diamond marketing offices in Johannesburg.AdvertisementThe tender will then follow from November 8 at the Diamond Exchange and Export Centre.T...Read More

JOHANNESBURG (miningweekly.com) – Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and government (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for different metals, the Joburg Indaba heard this week.Investor respec...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesUnder the agreement, First Quantum can earn up to an 80% interest in the project over six years by making annual cash payments totaling US$875,000, completing at least 10,000m of drilling andRead More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesSpeaking at an event organised by the Federation of Copper Workers (FTC) union in the seaside town of Viña del Mar where the FTC expressed concern about the company's high level ofRead 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 limitedThe future of mining is (still) peopleSPONSOREDproudfootRather than rise towards the US$20,000 a tonne which was suggested last week in a note by Bernstein Research (‘Gre...Read More

Editor's note: People are irrational creatures. And perhaps never more so than when it comes to the stock market. Today, eccentric former hedge fund manager James Altucher shows you the key to capitalizing on that irrationality.Dear Reader,Our brains are messed up. Daniel Kahneman, the Nobel Prize winning economist, calls the ways we are messed up “cognitive biases.”Our cognitive biase...Read More

According to the Employee Benefit Research Institute (EBRI), home and home-related expenses are the single largest spending category for older Americans.It's understandable then to be tempted to pay off your mortgage if you are retired or getting closer to retirement.Before you do that, though, there are four questions you should ask yourself to make sure it's the best move for you.Question #1: Wh...Read More