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

DDS shares have been getting crushedLooking at this morning's stock market news, two names making notable moves are retailers Dillard's, Inc. (NYSE:DDS) and TJX Companies Inc (NYSE:TJX). Here are the numbers to know for the shares of DDS and TJX today.DDS stock is generating headlines because of the company's earnings release, which is set to spark a massive sell-off. The security is trading down...Read More

Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) ("Columbus") is pleased to provide an update on the Montagne d'Or gold project.Montagne d'Or continues to garner strong local support as a catalyst for economic growth of French Guiana.As required by French regulations, the Montagne d'Or joint-ventureRead full newsRead More

By Kate Duguid3 Min ReadNEW YORK (Reuters) - The dollar ended roughly flat on Friday, retracing the morning's move higher, after worries tied to trade tensions and a Federal Reserve rate cut weighed on consumer sentiment and a report that Germany may run a deficit to boost growth lifted the euro.Slideshow ( 2 images )Germany's right-left coalition government would be prepared to ditch its balanced...Read More

The Mbeya project is based on a 120.8 million tonne thermal coal resource, which will be mined by Kibo's 100%-owned subsidiary Mbeya Coal. The project has an IRR of 69.2%, according to a 2016 definitive feasibility study.Kibo is simultaneously developing two other similar coal-fuelled power projects: the Mabesekwa coal independent power project in Botswana; and the Benga independent power project...Read More

Part of ASX-listed Sensera (ASX: SE1), nanotron said its swarm bee modules could improve Meglab Imagine mine management system's location tracking efficiency for mining equipment and people, and enhance proximity detection. Quebec-based Meglab is said to have achieved multiple deployments of Imagine at mines in the USA, Mexico and Canada since 2016.Meglab president Louis Valade said nanotron locat...Read More

The global push for ever-increasing technological advancement in the mining industry means that it needs to readdress the way it builds and sources competences, with a focus on breaking down skills silos to create more multidisciplined professionals, according to Wits Mining Institute director Professor Fred Cawood.Speaking to delegates at the SA GeoTech 2019 conference, in Kempton Park, last mont...Read More

De-risking delivers value in GalenaSPONSOREDgalena miningFronk said he had turned down no fewer than five proposals from majors in the past five years, most recently coming close to signing a deal just last year.Read More

The biggest stumbling blocks to older workers are…Avoid putting this red flag on your resume…Nothing ages someone more in an interview than…Dear Rich Lifer,Finding work in your 50s or 60s is no easy task, but new and somewhat surprising employment data suggests that prospects are improving, especially for older job seekers.One big reason?This is the tightest labor market in nearl...Read More

In June, Cobalt 27 Capital's (TSXV: KBLT) board agreed to a $501-million takeover offer from Pala Investments, which already owns 19% of the company.Cobalt 27 has a cobalt stream on Vale's (NYSE: VALE) world-class Voisey's Bay nickel-copper-cobalt mine in Labrador beginning in 2021; holds an 8.5% joint-venture interest in the producing Ramu nickel-cobalt mine in Papua New Guinea; owns one of the w...Read More

Diamond miner De Beers Group on Friday said it was "shocked and saddened" by the sudden death of Debswana MD Albert Milton.Milton had become unwell while in Johannesburg on Thursday evening. He had been admitted to hospital, but died early on Friday morning.Advertisement"We extend our deepest condolences to Albert’s family, relatives and friends. Our thoughts are with them at...Read More

Most people understand that the dollar isn't actually worth anything.It's just paper that's backed by the word of the U.S. government and nothing else.But the cold, hard reality is that the United States really doesn't deserve that kind of credit.For one thing, our government has accrued a massive amount of debt that it clearly does not intend to pay.The U.S. budget deficit grew to $866.8 billion...Read More

Walmart's strong earnings report helped the Dow The Dow managed to gain today, recovering slightly from yesterday's massive sell-off. Walmart's (WMT) strong earnings report fueled the index's rise early on, and positive economic data -- including upbeat retail sales -- also piqued buyers' interest. At the same time, sharp losses from names like Cisco Systems (CSCO) and General Electric (GE) stocks...Read More

J.P. Morgan Securities thinks this financial name could be a takeover targetA positive reaction for Walmart (WMT) earnings is keeping the Dow above water today, though the Nasdaq is lagging on post-earnings losses for Cisco Systems (CSCO). Among other stocks making notable moves are online trading name Gain Capital Holdings Inc (NYSE:GCAP), Wrangler jeans maker Levi Strauss & Co. (NYSE:LEVI), and...Read More

The analyst predicted 90% downside for the weed stockWeed stocks are lower today, as the sector sinks on an earnings miss from Canopy Growth (CGC). What's more, Vertical Group today weighed in on cannabis concern Tilray Inc (NASDAQ:TLRY), saying it's time to short the shares. The analyst issued a year-end 2020 price target of just $4 for TLRY shares, representing a 90% plummet from yesterday's clo...Read More

SPY's Bollinger Band width that was at an extreme low at the time of the recommendationSubscribers to Schaeffer's Weekly Volatility Trader options recommendation service just scored a major profit on the SPDR S&P 500 ETF (SPY) weekly 8/12 301-strike put and call straddle. Below, we'll explain why we expected an outsized move for SPY, and how the winning options trade unfolded. A straddle is an...Read More

TD Securities upgraded the equity to "buy" Canada-based drugmaker Bausch Health Companies Inc (NYSE:BHC) is hovering atopbreakeven today, despite an upgrade from TD Securities to "buy" from "hold," per TheFly.com. This upgrade comes on a dip for BHC, which has lost 11.6% so far this month. However, during this sell-off the equity did trigger a historically bullish signal that could indicate a boun...Read More

The software company is also set to report earnings next weekVMware, Inc. (NYSE:VMW) is moving sharply lower today, down 5.7% at $144.38, due to reports that the company is in talks to buy Pivotal Software (PVTL). This move is important for two reasons. For one, the company is scheduled to report earnings next week, after the close on Aug. 22, and secondly, the price action puts VMW shares below l...Read More

CAT is headed for its longest weekly losing streak since the 2016 electionStephens initiated coverage on Caterpillar Inc. (NYSE:CAT) with an "underweight" rating and $100 price target -- a more than 13% discount to last night's close. While the analyst in coverage waxed optimistic on the construction concern's restructuring efforts, he said a slowing global economy could create risk for the trade-...Read More

Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) ("Columbus") is pleased to provide an update on the Montagne d'Or gold project.Montagne d'Or continues to garner strong local support as a catalyst for economic growth of French Guiana.As required by French regulations, the Montagne d'Or joint-ventureRead full newsRead More

Carvana stock has already added 139% in 2019A big earnings winner last week was Carvana Co (NYSE:CVNA), which gapped higher by 25% -- its best day since June 2017 -- in the wake of better-than-expected second-quarter revenue. Fresh off that upbeat report and an Aug. 14 record high of $81.37, CVNA is flashing a bullish signal that indicates there's plenty of room for more upside, if history is any...Read More