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 PC giant cited profitable contracts for its China-based server unitDell Technologies Inc (NYSE:DELL) stock is soaring today, after the PC maker reported adjusted second-quarter earnings of $2.15 per share on $23.45 billion in revenue -- more than analysts were expecting. The company cited increased desktop demand, as well as "higher-margin dollars" brought in by profitable contracts for its se...Read More

The makeup retailer posted second-quarter earnings and revenue that missed analysts' estimates Makeup retailer Ulta Beauty Inc (NASDAQ:ULTA) has taken a nosedive today, after the firm reported second-quarter earnings and revenue below analysts' estimates. The firm also slashed it full-year same-store sales and profit forecast, citing ebbing demand for the cosmetics market. ULTA stock, at last chec...Read More

There's a great deal of pessimism priced into CPBA big earnings winner this morning is Campbell Soup Company (NYSE:CPB), with the packaged food titan reporting adjusted fiscal fourth-quarter earnings and revenue that topped estimates. Net sales rose by 2%, as well, while gross margin increased to 34% from 31.4%. The company cited cost-cutting, and a better focus on its mainstream businesses as re...Read More

July's consumer spending reading topped estimates Dow Jones Industrial Average (DJI) futures are signaling another solid triple-digit jaunt higher, thanks to the latest buzz on the U.S.-China trade spat. Although new tariffs on $300 billion in Chinese goods are still set to go into effect this Sunday, Sept. 1, the two sides were reportedly maintaining "effective communication," according to China'...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel miningGold prices are potentially influenced by so many disparate economic forces that getting one's head around them all is beyond the intellectual reach of most...Read More

"While we have a portfolio of undeveloped projects, at present, IRC is essentially a single product company and our financial performance is very dependent on the market iron ore price," said IRCRead More

The Portfolio Committee on Mineral Resources and Energy has called for the South African Diamond and Precious Metal Regulator (SADPMR) to transform the sector, as well as to capacitate its existing transformation office to ensure these sectors reflect the demographics of the country.On Thursday, the committee visited three entities of the Department of Mineral Resources and Energy – the SADP...Read More

FREETOWN – Sierra Leoneans living next to the country's largest diamond mine are taking their government to West Africa's regional court for failing to protect them from alleged environmental lapses by the company that runs it, a subsidiary of Octea Limited.The complaint, filed to the Economic Community of West African States (Ecowas) court of justice on Thursday, alleges that the go...Read More

Minerals Council South Africa was in the process of developing a draft exploration strategy to present to the Council for Geosciences (CGS) and the Department of Minerals Resources and Energy (DMRE), Minerals Council CEO Roger Baxter told attendees of the Afriforesight Future of Metals Conference earlier this month.The Minerals Council has also established an Exploration Leadership Forum to assist...Read More

A positive preliminary economic assessment (PEA) suggests Rubicon Minerals' (TSX: RMX; US-OTC: RBYCF) once-troubled Phoenix gold project in northwestern Ontario could rise again.Trial mining of Phoenix's F2 gold deposit was called off in late 2015 after the first gold pour, when the company's previous management team ran into problems reconciling grades, and realized the geology was more complex t...Read More

Diamond miner De Beers has provided a grant of €288 999, or R4-million, to a Limpopo-based company called Erada Technology Alliance to aid in its development of a technology focused on reducing the global malaria burden.Erada is pioneering work on the world’s first-ever saliva-based rapid test for diagnosing and identifying malaria – known as Saliva-based Malaria Asymptomatic and...Read More

If a senior technical strategist at Citigroup is to be believed, gold prices will soon be testing $2,000 per ounce.Shyam Devani, the analyst in question, says that the ratio between gold and the S&P 500 is testing a critical pivot point and a break higher could trigger a rally that pushes gold prices 25% higher."Equity markets continue to look vulnerable, especially given the deeper inversion of t...Read More

There is still some apprehensions over the sustainability over the rise in silver price. Most investors (in my view) prefer gold over silver. Even my elder brother does not like to invest in silver. The reason is that four years ago he had invested in physical silver at Rs.53,000 per kilogram and the price is yet to come. Gold's preference over silver will continue among old traders and investor...Read More

There is still some apprehensions over the sustainability over the rise in silver price. Most investors (in my view) prefer gold over silver. Even my elder brother does not like to invest in silver. The reason is that four years ago he had invested in physical silver at Rs.53,000 per kilogram and the price is yet to come. Gold's preference over silver will continue among old traders and investor...Read More

Biome Grow (BIO.C) is growing in all the right places, as evidenced by its latest financial statements. Equity Guru has the latest.Read full newsRead More

The tech sector had a huge day, thanks to softened trade rhetoricAnother big day in the tech sector fueled a strong performance for U.S. stocks, with the Dow grabbing its highest close since Aug. 8. Traders responded bullishly to softened trade rhetoric between the U.S. and China, sending chip stocks to the top of the major indexes. As such, the S&P and Nasdaq also posted impressive wins, putting...Read More

One trader is betting on more big directional moves for GDX in the months aheadShares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) are sinking this afternoon, down 2.7% at $29.57. However, today it looks like one trader is betting on a massive move for GDX over the next few months. Below, we'll take a closer look at the outcomes for this ambitious options trade, as well as how the gold ETF ha...Read More

GME stock is eyeing its highest close in a month A website reboot has the shares of GameStop Corp. (NYSE:GME) eyeing their highest close this month, up 6.2% at $4.12, at last glance. The video game retailer said the change was inspired by feedback from their customers, and urged people to explore their newly redesigned page, GameStop.com, which will offer a new in-store pickup feature and easy dis...Read More

Tech tailwinds have FB shares on the rise todayFacebook, Inc. (NASDAQ:FB) is trading up 2% today, last seen at $185.46, rising with the broader tech sector. This move to the upside comes after a recent meet-up with the 160-day moving average. According to Schaeffer's Senior Quantitative Analyst Rocky White, the last three encounters with this trendline have sparked an average one-month gain of 6.2...Read More

COST could finally topple $300 in SeptemberCostco Wholesale Corporation (NASDAQ:COST) has been in focus this week, after the company's grand opening in Shanghai, China, drew frenzied crowds -- so big, in fact, the retailer had to shutter the store early on Tuesday. COST stock is trading around $296.15, at last check, a chip-shot from its Aug. 28 record high of $299.95. What's more, shares of the b...Read More