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 ATVI stock breakout could be happening as we speakActivision Blizzard, Inc. (NASDAQ:ATVI) has been trying to gain its footing on the charts after a lackluster first half of the year, and some analysts see upside coming soon. Just this morning BMO raised its opinion on the stock to "outperform" from "market perform," and boosted its price target to $60 from $43. The brokerage's note discussed t...Read More

Navistar's earnings reaction comes one week after the stock hit a three-year lowOne of the top stocks on the New York Stock Exchange (NYSE) this morning is Navistar International Corp (NYSE:NAV), up 7.5% to trade at $23.49. The truck manufacturer reported fiscal third-quarter adjusted earnings of $1.47 per share on $3.04 billion in revenue -- handily topping estimates. Today's bounce comes after...Read More

The analyst sees more growth for the semiconductor sector in the second half of the yearJ.P. Morgan Securities said this morning that is feels confident in the acceleration of semiconductor stocks for the second half of this year, calling Broadcom Inc (NASDAQ:AVGO) its top pick. The analyst cited promising seasonal demand and said that chip stocks should continue their upward momentum assuming the...Read More

U.S. trade data is also in focus today Dow Jones Industrial Average (DJI) futures are signaling a positive start amid a number of upbeat headlines. In Hong Kong, leader Carrie Lam said the government will withdraw a controversial extradition bill that ignited months of violent protests, while U.K. lawmakers attempt to block a no-deal Brexit following a bruising defeat for Prime Minister Boris John...Read More

Does it matter if volatility picks up when stocks were near fresh highs?Whether it's going up or down, stocks have been making bigger daily moves recently. The chart below shows the S&P 500 Index (SPX) along with its average daily absolute return over the past month of trading. That's the daily percent change of the index whether it moves up or down. Investors tend to get uneasy when they start se...Read More

India's gold imports plunged 73% in August from a year ago to the lowest le...Read full newsRead More

India's gold imports plunged 73% in August from a year ago to the lowest le...Read full newsRead More

"Recession risk in the US is higher by virtue of the weak PMI numbers last night," Australia-based IG market analyst Kyle Rodda noted.Silver has continued to rise and shine, moving above US$19.40 an ounce on the spot market for the first time since September 2016.Gold reached a 6.5-year high yesterday of $1,547.10/oz and was earlier trading about $1,543/oz.Key global market indices closed lower ye...Read More

At its latest price of $89/t, iron ore is sitting close to the midpoint of the forecasts from big-name banks such as UBS, Goldman Sachs and Liberum Capital.Read More

On October 11, the Jewelry Industry Summit will hold a first in a series of informative and timely webinars designed to support and activate businesses engaging in responsible sourcing.  The series, entitled "Fast Forwarding Sustainability" will provide guidance and real actions that jewelers can take now to engage in this important topic. The title of this first offering: "Tools to Kick-Sta...Read More

The International Gemological Institute (IGI) has appointed Avi Levy to serve as the new president of IGI North America. Avi succeeds seasoned industry veteran Jerry Ehrenwald, GG, ASA, who has served as IGI North America president and CEO since 1991. With 30 years of fine jewelry-related expertise, "Levy brings valuable experience to the Institute including diamond sourcing, manufacturing, produc...Read More

Four renowned gem labs will be offering their services to exhibitors and buyers during the upcoming Hong Kong Gem & Jewellery Fair later this month. HRD Antwerp NV promises "super fast service" to those submitting their diamonds for grading and sealing at its booth before 12 P.M. Clients doing so will see them returned the next day. HRD Antwerp's booth is AWE - 5B18 at the AsiaWorld-Expo...Read More

Lucapa reported that it had "delivered on key development and operational goals at the Mothae and Lulo diamond mines" during the first half of 2019. The junior diamond miner reported a consolidated net profit after tax of US$1.1 million, opposite a US$4.3 million loss in the first half of 2018. "This result was achieved during a challenging period for many diamond miners globally, particularly th...Read More

In an interview published by the South China Morning Post, Victoire de Castellane, chief of jewelry at the French fashion, jewelry and luxury house of Dior, said that "precious gems will get terribly expensive and maybe we'll find something different and start using other materials," she says. "But I'm conflicted about lab-grown diamonds, because if you can make a lot of them, how is it...Read More

Dear Reader,Our financial system has been corrupted.U.S. equity markets have become a hollow shell of their former selves, with 80% of demand fueled by companies buying their own shares with zero-real-interest-rate loans ultimately from the government.Silicon Valley is now full of bloated "unicorns" - 88 at last count - with venture capitalists capturing most of the profits. And the number of publ...Read More

Chile should lead the world in lithium production.The Salar de Atacama in northern Chile is the world's largest and richest lithium resource, containing almost half the world's known reserves, according to the United States Geological Survey. And the region's geological and climatic conditions make it the most competitive place to produce the mineral.The country's only two lithium producers, Albem...Read More

Theta's triumphant return to forgotten South Africa gold rush siteSPONSOREDtheta gold minesAmani Gold fires up ambitious growth moves in CongoSPONSOREDamani goldWhite Rock ready to roll with NSW gold projectSPONSOREDwhite rock mineralsThickened tailings deposition for closureSPONSOREDsrk consultingAs is so often said, children do not come with an instruction book.Read More

The Skouries project was put on hold in 2017 due to delays in the approvals process but progress was widely anticipated due to Greece's recent change in government.The company said yesterday it had received the electromechanical installation permits for Skouries and an installation permit for Olympias.It planned to start some works but said it was working with the Greek government "to achieve the...Read More

PERTH (miningweekly.com) – South Africa’s Mineral Resources and Energy Minister, Gwede Mantashe, has urged continued foreign investment into the country’s resources sector, saying that the government is actively working to address electricity issues, which have constrained economic growth.Speaking on the sidelines of Paydirt’s African Downunder conference, in Perth, Mantash...Read More

All-time record-high gold prices are here. That means gold prices are the highest they have ever been. Gold prices are higher now than when the skilled craftsmen of the Varna Necropolis were making golden penis sheaths in 4,500 BC. They're higher now than when the banksters almost killed the global financial system 10 years ago. (And got golden parachutes, but no penis sheaths.)Yes, gold hit ne...Read More