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

Botswana Diamonds, together with its associate Vutomi, has signed a contract mining and processing agreement with Eurafrican Diamond Corporation (EDC) to mine and process the diamond-bearing gravels and residual stockpiles on a portion of the Marsfontein farm, in Limpopo.Botswana Diamonds chairperson John Teeling indicated that partnering with EDC paved the way for commercial production to restart...Read More

Stellar result for PolarXSPONSOREDpolarxProject manager and 50.79% owner of TRQ, Rio Tinto, had flagged a cost blowout and delays to the US$5.3 billion underground expansion in July due to challenging ground conditions.Read More

Stellar result for PolarXSPONSOREDpolarxThe company said the accident involved a civil contractor at a surface cement batching plant.Ivanhoe said the Kamoa-Kakula project had gone more than 7.5 years without a lost-time injury and this was the first fatality.Stellar result for PolarXSPONSOREDpolarx"We are all deeply saddened by the tragic loss of life at the Kamoa-Kakula project and our thoughts a...Read More

Dear Rich Lifer,Think about the last five years...Can you recall an unexpected event that led to financial stain? Maybe a health crisis, layoff, leaky roof, or unexpected car repair.You're not alone. Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research.So it's no wonder the most common cause of money...Read More

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemes‘Bigger is better' is a phrase we often hear bandied about, but I'm not entirely sure from where it stems...Read More

The supervisory board of Russian diamond miner Alrosa has approved the acquisition of diamond polisher Kristall from the Russian Federation.Kristall, which processes more than 200 000 ct/y from feedstock supplied by Alrosa, is valued at 1.89-billion ruble.Advertisement"Despite the fact that Alrosa is currently a key supplier of rough diamonds to Kristall, it accounts for as little as&nbs...Read More

Vale was awarded $1.2 billion plus costs and interest by a London tribunal in April, related to its 2010 ill-fated foray into the storied Simandou iron ore project in Guinea.The London Court of International Arbitration's tribunal had ruled BSGR had defrauded Vale in relation to its investment into 51% of BSGR's Guinea assets.Rio Tinto had discovered Simandou more than 20 years ago and describes i...Read More

What I enjoy most is the forced rationalization. "It's not a new $75 billion every day. It's the same $75 billion every day."That was how the mainstream defended the Fed's actions this week to intervene in the overnight funding market. No matter the very simple fact that the Fed HAD to intervene. No matter that repo market dysfunction was the VERY THING that sent Lehman Brothers under and kicked...Read More

The S&P 500 and Nasdaq finished with their third straight lossThe Dow fell sharply today, giving back earlier gains amid political drama at home. Well-received U.S.-China trade developments in the morning gave way to selling in the afternoon, after President Donald Trump said he "will not accept a bad [trade] deal" with China in his speech to the United Nations General Assembly. Losses accelerate...Read More

It's not just Netflix that's been getting hammeredThere's been a lot of action around media stocks lately, with investors mostly watching the huge sell-off in Netflix (NFLX) shares. However, other names in the space have also been getting pummeled, including CBS Corporation (NYSE:CBS) and Spotify Technology SA (NYSE:SPOT), both of which are trading near multi-month lows after Wells Fargo initiated...Read More

Silver Spruce Resources is pleased to announce that it has signed a binding Letter of Intent with three parties to acquire the Melchett Lake project.Read full newsRead More

West Red Lake Gold Mines Inc. announces exploration plans on its West Red Lake Project property located in the prolific Red Lake Gold District.Read full newsRead More

Jagged Peak Energy and Fresh Del Monte Produce were just added to the S&P SmallCap 600Stocks have erased their earlier gains on slumping oil prices today. Three stocks in particular making moves today are electric carmaker Tesla Inc (NASDAQ:TSLA), Fresh Del Monte Produce Inc (NYSE:FDP), and crude oil producer Jagged Peak Energy Inc (NYSE:JAG). Below, we'll dig into what's moving the shares of TSLA...Read More

Now is an opportune time to speculate with XLNX optionsThe shares of semiconductor stock Xilinx, Inc. (NASDAQ:XLNX) gapped lower last Friday, Sept. 20, after the company said CFO Lorenzo Florez will step down, effective after second-quarter earnings are released on Wednesday, Oct. 23. What's more, XLNX stock has a history of sinking after back-to-back Fed rate cuts, though the shares could find so...Read More

SVB Leerink lowered its CLVS rating and slashed its price targetSVB Leerink downgraded Clovis Oncology Inc (NASDAQ:CLVS) stock to "market perform" from "outperform," and slashed its price target by $12 to $10. The analyst in coverage called CLVS' licensing deal with German radiopharmaceutical therapies firm 3B Pharmaceuticals "ill-timed given investor concerns about the company's use of cash," and...Read 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

Haunted by their overexpansion during the last gold boom, mining companies are shunning spending and taking a more conservative approach.Read full newsRead More

The shares are trading near a historically bearish trendlineAbercrombie & Fitch Co. (NYSE:ANF) stock hit a 22-month low of $13.58 on Sept. 3, on mounting U.S.-China trade worries. The retail shares rallied off this level, but are now sounding a technical signal that's preceded periods of weakness before. And with implied volatilities at historically low levels, it could be time to buy puts to bet...Read More

Traders are eyeing the latest sentiment and housing dataThe Dow Jones Industrial Average (DJI) was up triple digits earlier, as stocks reacted to bullish U.S.-China trade developments, with the Trump administration confirming more trade talks will take place next month. However, despite gains from Apple (AAPL), the Dow has since turned negative, following the S&P 500 Index (SPX) and Nasdaq Composi...Read More

Chile's Codelco has a new funding strategy that includes issuing debt and selling non-structural assets.Read full newsRead More