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

(IDEX Online) - Dutch bank ABM Amro has said it is subject to an investigation by the country's public prosecutor relating to requirements under the Act on the prevention of money laundering and financing terrorism. The bank said in a short statement that it would cooperate fully with the investigation, news of which sent its shares plummeting 12 percent, reported the Financial Times.The...Read More

(IDEX Online) - Blockchain startup Everledger has closed a $20 million funding round led by Chinese Internet-based service provider Tencent Holdings Ltd. Everledger provides blockchain services to a range of sectors including the diamond industry. Everledger's diamond clients include Brilliant Earth, Rare Carat, Chow Tai Fook and GIA, Hari Krishna Exports and the Singapore Diamond Invest...Read More

Australian shares were marginally down on Thursday, led by declines in gold and ...Read full newsRead More

Monday saw Power Metal Resources (LSE:POW) highlight the positive impact that increasing nickel prices could have on both its Molopo Farms Complex (MFC) project in Botswana and its Haneti asset in Tanzania.In an update, the business delivered an update on itsprogress at both of these assets, inRead full newsRead More

Australian shares were marginally down on Thursday, led by declines in gold and ...Read full newsRead More

One of the downsides to saving large sums of cash is it starts to burn a hole in your pocket.When I was a kid, my grandparents would occasionally give me a $10 bill after I'd go visit for a week. I had zero tolerance for saving back then, so I would spend it on candy and comic books almost immediately.Since then, I've built up a pretty good tolerance against spending cash. I've seen too many finan...Read More

(IDEX Online) - A Swiss-based laser-cutting company has developed an automated cutting and shaping system for round diamonds it says substantially decreases the production pipeline by combining several processes into one machine.Synova, which is partly owned by De Beers, says the DaVinci system also reduces polishing processes to a final finishing step. "Several cost, skill and labor-intensive ste...Read More

Donald Trump is an agent of chaos. He has been ever since he entered the Republican contest for the presidency. Think back over the past few years and look at his time in office. It's a short, turbulent time period marked by scandals and defined by off-the-wall tweets. It's a time period that has frustrated some citizens while delighting others, provided job security for late-night comedy writer...Read More

The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver gold is even more overbought, and still facing a massive gold-futures-selling overhang. This makes October, gold stocks' weakest month seasonally...Read More

The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver gold is even more overbought, and still facing a massive gold-futures-selling overhang. This makes October, gold stocks' weakest month seasonally...Read More

Stocks dropped amid reports Trump could delist Chinese firms from U.S. exchangesThe Dow finished the week on a gloomy note, logging a modest loss amid the latest U.S.-China trade drama. The blue-chip index started off in the black, but ultimately turned lower after a Bloomberg News report signaled the Trump administration is considering limiting capital flows to China, including possibly delistin...Read More

There are some reasons to believe the market volatility could continueWhile it's likely an overused phrase, it truly was a wild week on Wall Street, thanks mostly to the inquiry into impeaching President Donald Trump. That wasn't the only market-moving headline out of Washington, D.C., however. Throughout the week traders were met with updates on the U.S.-China trade relationship, and even though...Read More

A Bloomberg report said the U.S. is considering delisting Chinese firms from U.S. stock exchangesStocks have erased early gains on a report from Bloomberg that U.S. President Donald Trump is considering limiting capital flows to China, including potentially delisting Chinese companies from U.S. stock exchanges. This news is rocking Chinese stocks including e-commerce name JD.Com Inc (NASDAQ:JD). S...Read More

Gold prospecting in the San Gabriel Mountains started in the mid-1800s and continues today.Read full newsRead More

Sixty North Gold Mining Ltd. is pleased to announce that New Discovery Mines Ltd., Project Manager, has successfully completed its trenching program.Read full newsRead More

Citron thinks MCK stock could be cut in halfMcKesson Corporation (NYSE:MCK) stock is trading lower today, after the Texas-based pharmaceutical firm became the target of Citron Research. In a report titled, "The Two Words That Will Wipe Out Half of McKesson's Equity -- 'Public Nuisance'," the short seller called the company "complicit in fueling the opioid crisis," and said recent court documents i...Read More

LTM call volume is running at more than 600 times the normal clipThe shares of LATAM Airlines Group SA (NYSE:LTM) are among the best of the New York Stock Exchange (NYSE) today, after Delta Air Lines (DAL) took a 20% stake in the Latin American carrier for $1.9 billion. As such, LATAM ended its partnership with American Airlines (AAL), and Delta is selling its stake in Brazilian carrier Gol Linhas...Read More

SFIX will report earnings after the close on Tuesday, Oct. 1As earnings season starts to pick up again, online stylist Stitch Fix Inc (NASDAQ:SFIX) will be one of the first companies to step up to the plate, set for its fiscal fourth-quarter report after the close this Tuesday, Oct. 1. Ahead of the event, SFIX is struggling today -- down 1.7% to trade at $18.49 at last check -- after a fresh bea...Read More

Micron's results are weighing on the entire tech sectorThe Dow Jones Industrial Average (DJI) was eyeing a strong close to the week, thanks to confirmation that the U.S. and China are set to meet for trade talks next month. However, the blue-chip index has since pared the bulk of these earlier gains, after a Bloomberg News report suggested the Trump administration is considering limiting capital f...Read More

The analyst thinks Atara Biotherapeutics stock could sink 34% The shares of drugmaker Atara Biotherapeutics Inc (NASDAQ:ATRA) are hurting today, following a scathing bear note from Goldman Sachs. The analyst downgraded the stock to "sell" from "neutral," and slashed its price target to $9 from $14 -- a roughly 34% discount to last night's close. Goldman cited Atara's lack of near-term catalysts an...Read More