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

Palo Alto Networks turned in an earnings beat and impressive forecastPalo Alto Networks Inc (NYSE:PANW) stock is soaring today, after the cybersecurity firm reported fiscal fourth-quarter adjusted earnings of $1.47 per share on $805.8 million in revenue -- more than analysts were expecting. The company also forecast double-digit sales growth on strong demand for its cloud securtiy platform Prisma...Read More

LYFT is also enjoying a bull notePapa John's International, Inc. (NASDAQ:PZZA) just received another positive analyst note, as Credit Suisse upgraded its stance to "outperform" from "neutral" and raised its price target to $56 from $45, citing confidence in the company's recent appointment of Rob Lynch as CEO. In response, PZZA shares are trading up 3.4% to $49.78, holding less than 4 points above...Read More

MNK earlier fell to a record lowThe worst stock on the New York Stock Exchange (NYSE) this morning by far is Mallinckrodt PLC (NYSE:MNK), down 36.5% to trade at $1.64. A Bloomberg report late last night said the company had hired restructuring firms and was considering seeking bankruptcy protection. The drugmaker faces a litany of lawsuits over its role in the opioid addiction crisis, as well as...Read More

AeroVironment just revealed its fiscal first-quarter earnings and revenue The shares of drone maker AeroVironment, Inc. (NASDAQ:AVAV) are booming this morning, after the company announced an adjusted profit of 74 cents for its fiscal first quarter, compared to the 36 cents per share expected by analysts. The firm also reported $86.9 million in revenue, which topped estimates. In response, AVAV is...Read More

Comcast stock has already tacked on more than 33% in 2019Shares of broadcasting giant Comcast Corporation (NASDAQ:CMCSA) are up 1.8% in this morning's trading at $46.34, and earlier nabbed a new record high of $46.47 out of the gate. Driving the stock higher is an upgrade from Oppenheimer to "outperform" and a price-target hike to $54. The brokerage firm cited the upcoming 2020 Summer Olympics an...Read More

Shares of gold miners were broadly higher in afternoon trading Tuesday, as worries about escalating U.S.-China trade tensions, data showing a surprise...Read full newsRead More

ADP showed private payrolls rose more than expected last month Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, after a statement from China's Ministry of Commerce indicated trade talks were tentatively scheduled for "early October" following a call between Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. Traders are also panning the la...Read More

The back and forth stock market in September is indicative of an uncertain investing climate. Michele Schneider discusses her 6 stock market phases and which one we are currently in.Read full newsRead More

Ontario is the largest mineral-producing province by value in Canada. Last year the province produced $10.1 billion in minerals, or 21.4% of Canada's $47-billion worth of mineral production. It also has an active exploration scene, with about 150 companies actively exploring more than 200 projects. Here is a look at eight companies with mines and exploration projects in the province.Argonaut GoldA...Read More

Sentiment was boosted by news of US-China trade talks scheduled for October, no-deal Brexit being blocked and Hong Kong withdrawing its proposed extradition bill which had sparked three months of protests.All key global indices closing higher yesterday and futures were also all looking positive around the world at the time of writing.In the US, copper major Freeport-McMoRan (NYSE: FCX) gained 2.4%...Read More

Confirmation of lateral water occurrences on the moon's surface only came from Indian scientists last August.Read More

The Jewelers' Security Alliance has joined with Jewelers of America JA) and the American Gem Society (AGS) to endorse a health insurance program for the jewelry industry sponsored by MJM Global Insurance Brokerage Group (JewelersHealthCare.com). This program is designed to provide cost savings, a simplified enrollment process, flexible benefits and wellness solutions for its member firms. The...Read More

The Women's Jewelry Association (WJA) has moved its headquarters back to New York City and appointed a new executive director, Jennifer Markas. Bernadette Mack, the outgoing executive director, will work with Markas during her transition until the end of the month. Markas was most recently responsible for sustainability reporting and communications at Tiffany & Co. Her role focused on de...Read More

Russian diamond miner Alrosa says one of the motivations behind signing the $12-million joint venture (JV) agreement with national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) is to develop cooperation between Alrosa and its Zimbabwean partners and increase Alrosa’s presence in African countries. “Alrosa has started looking for exploration projects to create new diamond m...Read More

Trans Atlantic Gem Sales (TAGS) will be holding a rough diamond tender at the Dubai Diamond Exchange, Almas Tower, in Dubai later this month, September 20-27, 2019. The tender concerns two productions from South Africa and Angola. The rough is of high quality and high colors and contains a significant number of large single stones and specials. TAGS expects about 20,000 carats of South African go...Read More

InsideRetail Asia reported that in July, overall retail sales had dropped more than ten percent in Hong Kong. However, jewelry and watch sales fell as much as 25 percent. The website quoted the ongoing protests and the China-US trade war as the chief reasons for the decline. "The fall was widely expected with several large retailers projecting double-digit declines based on their own internal mon...Read More

Gem Diamonds published its results for the first half of 2019, reporting a revenue of $91.3 million, compared to $167.7 million during the first half of 2018.  The miner's earnings before interest, taxes, depreciation and amortization (EBITDA) stood at 25.3 million, compared to 70.7 million in 2018. Its attributable profit, from continuing operations was $6.6 million against $26.8 millio...Read More

While investor sentiment toward Zimbabwe is expected to improve, the country faces yet another economic crisis in the form a currency crisis that could deter investors who have had their interest in the country piqued recently, law firm Webber Wentzel tells Mining Weekly. “The indigenisation law, which is a challenge that investors are facing, is a minor issue in light of the foreign currenc...Read More

The optimism following the ousting of former Zimbabwean President Robert Mugabe was short-lived, with the realisation that it would not result in substantial change in the short term, or immediate return of foreign investment to Zimbabwe. This also came with the realisation that the once-healthy economy of the country would not be immediately revitalised, says legal service provider Eversheds Suth...Read More

Despite experiencing growth last year, intermittent power supply and a lack of new foreign direct investment (FDI) are the main causes of the Zimbabwe mining sector’s declining performance, says specialist strategy and communications consultancy Africa Practice mining sector lead Rishon Chimboza. Mining has been a lifeline for the country’s economy, with more than 60% of foreign exchan...Read More