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 apparel concern reported an earnings and revenue beat, but weak quarterly profit margins Outerwear manufacturer Canada Goose Inc (NYSE:GOOS) is down after stepping into the earnings confessional this morning and posting a second-quarter earnings and revenue beat, thought profit margins were weaker than expected. The company cited a higher portion of its sales going to department stores for the...Read More

The yield on 10-year Treasury note fell below the 2-year Treasury yield Dow Jones Industrial Average (DJI) futures are taking a beating this morning, trading more than 300 points below fair value. This has the blue-chip index on track to pare the bulk of the gains from yesterday's trade-induced rally. Bank stocks are under the most pressure, after the yield on the 10-yearTreasury note fell below...Read More

The U.S. Treasury yield has fallen below the S&P dividend yieldFor the longest time, it was generally accepted that bond yields would be higher than stock dividend yields. Stocks, through stock price appreciation, have potential for huge returns that aren't possible with bonds. Stocks have outperformed bonds over the long-term, and one of the costs of these higher returns was lower yields from sto...Read More

Indonesia's President Joko Widodo will make the final decision on whether t...Read full newsRead More

LONDON – De Beers will let buyers reject more diamonds at a sale next week as the mining company shows almost unprecedented flexibility to ease a growing crisis.The Anglo American unit has told customers they can refuse to buy half of the stones offered that are smaller than three-quarters of a carat, according to people familiar with the situation, who asked not to be identified as the matt...Read More

Canadian diamond miner Mountain Province is no longer complying with the minimum bid price requirement of the Nasdaq and has until February 10 to regain compliance with the stock exchange’s listing rules.Based on the closing bid price for the last 30 consecutive business days from June 28 to August 12, the 49%-participant in the Gahcho Kué mine in Canada is not in compliance with the...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe US$5.5 billion project will extend the life of the 100-year old mine for many decades and see it produce 140,000 tonnes of copper a year following a seven-year transition from openpit operations."Chuquicamata is not just another project, it is unique. Its complexity and magnitude have no equal in the Chilean market;...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company completed construction of three acid storage tanks in July with capacity of 7,500 tonnes and a new acid unloading facility."The pure sulphuric acid in these tanks is diluted down to a weak sulphuric acid mining solution via the new acid handling and delivery system. This weaker acid solution is used in the we...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe culmination of a long permitting process for a 340km road along the southern flank of the Brooks Range, extending west from the Dalton Highway to the south bank of the Ambler River, the DEIS isRead More

Red, red, in every direction we turn today... red.The Dow Jones shed 800 scarlet points on the day.Percentage wise, both S&P and Nasdaq took similar whalings.The S&P lost 86 points. And the Nasdaq... 242.And so the market paid back all of yesterday's trade-induced gains - with heaps of interest.Worrying economic data drifting out of China and Germany were partly accountable.Chinese industr...Read More

The government of Armenia has published the results of a long-awaited public audit of Lydian International's (TSX: LYD) Amulsar gold project, paving the way for the company to move forward with development of the mine.The Amulsar project, in Armenia's mountainous south, has been illegally blocked since June 2018 by locals and environmental activists, who claim the operation would threaten several...Read More

Kinross Gold (TSX:K; NYSE: KGC) is leveraging its expertise as a cold-climate, heap leach operator with a 24-year operating history in Russia by acquiring N-Mining's Chulbatkan project in Russia's Far East.The Toronto-headquartered gold producer is buying the heap-leach project for US$113 million in cash and US$170 million in Kinross shares.The open-pit project, 15 km southwest of Udinsk, a settle...Read More

The Northern Miner presents the top-10, U.S.-based mining companies by market capitalization.1. Newmont GoldcorpMarket cap: US$31.8 billionCrushed ore falls off a conveyor at Newmont Mining's Boddington gold mine in Western Australia. Credit: Newmont Mining.Newmont Goldcorp (NYSE: NEM) is a leading gold and copper producer with operations in the U.S., Australia, Ghana, Peru and Suriname. Earlier t...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingAs much as we think of ourselves as being very important and utterly vital to the existence of...Read More

The IPC determination allowed AusPac to proceed with an underground mine at Dartbrook using bord-and-pillar methods for three years."The determination … has taken many months and while the main elements of mining and transport were approved, it is disappointing the IPC did not approve the additional five years of mine life," Robinson said."The application was subject to significant support...Read More

MOSCOW – A 14.83-ct pink gem found and cut by Alrosa is expected to fetch one of the highest prices ever for a diamond when the Russian company puts it up for sale later this year.The oval stone, named The Spirit of the Rose, has been certified by the Gemological Institute of America as fancy vivid purple-pink with excellent clarity, excellent polish and very good symmetry, said Alrosa spoke...Read More

We are in one of the most critical times of the past 5,000 years. Financially, economically, politically... Things have gotten extremely weird and are changing quickly. One reason is a turning of generations - old is giving way to new. Old politicians are out. Old ways of thinking are out. Old ways of doing things are out. Old ideas are out.There will be reversions. There always are. Truly good...Read More

AAPL shares were atop the Dow by day's endStocks got a shot in the arm today, thanks to news the Trump administration plans to delay some tariffs previously expected to go into effect in September. President Donald Trump admitted to the press that the move was meant to take the burden off consumers during the holiday season, and the news was a boon to the tech sector in particular, with Apple (AAP...Read More

AAII bears doubled from a week earlierIt's been a rocky month so far for the U.S. stock market. After hitting an all-time high above 3,000 in late July, the S&P 500 Index (SPX) plummeted to a two-month low in early August, amid concerns about the U.S.-China trade war, future Fed policy, and a global recession. Against this backdrop, several sentiment indicators are lighting up-- and here's what th...Read More

News the U.S. will delay some Chinese tariffs is boosting U.S. stocksThe U.S. stock market is surging today on reports the U.S. will delay additional tariffs on several Chinese goods ahead of the holiday shopping season. The retail sector in particular is rallying on the news, with Walmart Inc (NYSE:WMT), American Eagle Outfitters (NYSE:AEO), and Best Buy Co Inc (NYSE:BBY) among some of the bigges...Read More