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

London-listed Petra Diamonds has recovered a 20.08 ct blue gem-quality Type IIb diamond from the Cullinan mine, in South Africa's Gauteng province."Today's recovery not only demonstrates the quality of Petra's asset base, as the Cullinan diamond mine remains a significant source of rare blue diamonds, but it again confirms the prevalence of exceptional stones in the Cullinan orebo...Read More

Last week, the Federal Reserve cut interest rates 25 basis points and injected $278 billion into the securities repurchase, or "repo," market over a four-day period and committed to a series of overnight and term repurchase agreements through October 10. It did so in order to be able to meet its liquidity needs as short-term rates spiked to approximately 10%.How common was the Fed's intervention?...Read More

(IDEX Online) - Tiffany & Co. is combating the effect of falling Chinese tourism by opening up more mainland China stores. Chinese spending abroad has declined because of the yuan depreciating and uncertainty over U.S.-Chinese trade. Alessandro Bogliogo, CEO of the luxury jeweler told Bloomberg Television that while Chinese spending has dropped abroad, there have been big increases in sal...Read More

(IDEX Online) - Junior miner Diamcor Mining Inc. has reported an improvement in the total number of rough diamonds it has tendered, sold and delivered. The miner has sold 3,759.62 carats this quarter, with another 4,825 to be tendered in Antwerp in the coming weeks. Sales during the quarter total $569,000, yielding a lower-than-average price of $151 per carat. Diamcor said  current price wea...Read More

(IDEX Online) - The Plumb Club has become the first industry organization requiring its members to become certified members of the Responsible Jewellery Council (RJC). The Plum Club is a current RJC association member.The membership requirement is being extended to all new and existing Plumb Club members. According to the Club, the new requirement underscores its purpose to "connect its members an...Read More

Vancouver, British Columbia--(Newsfile Corp. - September 18, 2019) - Contact Gold Corp. (C)(theRead full newsRead More

Can you name any other cell phone providers other than AT&T, Verizon, Sprint or T-Mobile?If you can't, I don't blame you. The 'Big Four' have dominated the mobile provider space for decades.And with their dominance, they've been able to dictate the price of your monthly phone plan. The average starting price of an unlimited plan within the Big Four is now $68.75 a month.Notice I said "starting...Read More

Publisher's Note: To say the market is all over the place would be an understatement. Mr. James Dines gave his take on it to his readers in The Dines Letter recently. Today we share it with you as well.To Your Wealth,Nick Hodge Outsider Club Founder and President"When I use a word," Humpty Dumpty said in a rather scornful tone, "it means just what I choose it to mean -neither more nor less.""The q...Read More

The Federal Reserve's endless machinations really affect the gold price, sometimes confounding traders with seeming illogicalness. This week the Fed cut rates again, which has really boosted gold in the past. Yet it plunged 1.7% in less than an hour after this latest decision! While gold's Fed reactions often look capricious, there's a method to this madness. Traders need to understand...Read More

The Federal Reserve's endless machinations really affect the gold price, sometimes confounding traders with seeming illogicalness. This week the Fed cut rates again, which has really boosted gold in the past. Yet it plunged 1.7% in less than an hour after this latest decision! While gold's Fed reactions often look capricious, there's a method to this madness. Traders need to understand...Read More

Noble Mineral Exploration Inc. is pleased to announce that it has been advised by Spruce Ridge Resources Ltd that a diamond drill program has commenced.Read full newsRead More

All three benchmarks logged their first weekly loss in a monthThe Dow traded in a 268-point range on quadruple-witching expiration, eventually slumping to a triple-digit loss. U.S.-China trade headlines drove today's price action, with stocks initially rising after President Donald Trump revealed a lengthy list of Chinese goods exempt from tariffs. However, the Dow pivoted sharply lower in afterno...Read More

Reports the company could explore a sale are driving FIT higherFitbit Inc (NYSE:FIT) call options are flying across the tape today, with roughly 19,000 contracts exchanged so far -- already almost doubling the stock's average full-day volume of 9,991 contracts, per Trade-Alert. Front-month options expiration is just hours away, and traders are keying in on FIT's soon-to-expire September 4 call, wh...Read More

Oil had its best day in over a decade on MondayThe week started off with a bang, as oil prices staged their biggest one-day surge in a decade following airstrikes on Saudi Arabian crude production facilities. The stock market's reaction was negative, though, with the Dow snapping its eight-day winning streak. The blue-chip index continued to struggle as the week wore on, and appears on pace to log...Read More

Bofa-Merrill Lynch downgraded Xilinx, while Etsy was upgraded at RBCStocks are mixed at midday, as investors eye the latest U.S.-China trade updates. Three specific stocks on the move are tech issue Xilinx, Inc. (NASDAQ:XLNX), laser manufacturer II-VI, Inc. (NASDAQ:IIVI), and e-tail name Etsy Inc (NASDAQ:ETSY). Below, we'll look at what's driving the shares of XLNX, IIVI, and ETSY. CFO Resignatio...Read More

The White House ordered sanctions against the Central Bank of IranThe Dow Jones Industrial Average (DJI) is slightly higher at midday, propped up by encouraging U.S.-China trade rhetoric. In addition to releasing a list of exempted Chinese goods, President Donald Trump told reporters that the U.S. is "making a lot of progress" on a trade deal -- with these moves suggesting to some that the adminis...Read More

After the automaker's sharp pullback, one spread trader adjusted a four-legged tradeOptions are unusually active today on Italian automaker Ferrari NV (NYSE:RACE), with call volume surging to 3,155 in the first 90 minutes of the session -- nearly nine times the stock's average daily volume of just 355 contracts. In focus are a pair of out-of-the-money October strikes, with some of the volume tied...Read More

GE stock has run up to its 120-day moving averageGeneral Electric Company (NYSE:GE) stock rallied hard off its late-August lows near $7.80, and is now pacing for its fourth straight weekly win, up 0.2% at $9.43, at last check. The surge is running out of steam near the psychologically significant 200-day moving average, while just above here is GE's 120-day trendline, which has had bearish implica...Read More

Alison Rose will be the first woman to serve as CEO to a major British lender The shares of Royal Bank of Scotland Group PLC (NYSE:RBS) are higher after the financial firm appointed Alison Rose as its new CEO, marking the first time a major U.K. lender has installed a woman in its lead executive role. Rose, who has been an employee for 27 years, will be replacing Ross McEwan on Nov. 1. RBS is trad...Read More

A fresh gold discovery by Barrick Gold Corp in Nevada isRead full newsRead More