News and Reports

Year Ahead 2025

January 06, 2025

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

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Advanced Micro Devices Stock Takes a Breather After Weak Guidance

July 31, 2019 / www.schaeffersresearch.com

Several analysts have chimed in today with a variety of opinionsThe semiconductor sector is in focus this morning, after Advanced Micro Devices, Inc. (NASDAQ:AMD) reported second-quarter earnings last night. While the chip name's earnings and revenue were in-line with expectations, its third-quarter guidance of $1.80 billion came in lower than the $1.95 billion expected due to lower demand for ch...Read More

Enphase Energy Stock Upgraded on Earnings Beat

July 31, 2019 / www.schaeffersresearch.com

Alternative energy stock ENPH has had a huge yearClean energy stock Enphase Energy Inc (NASDAQ:ENPH) is set for record highs, trading up 21.5% before the open thanks to a second-quarter earnings beat. This just extends a strong year for the shares, which sport a lead of almost 360% in 2019, closing Tuesday at $21.65. A few bull notes have come through this morning, and today's move could also be g...Read More

Lattice Semiconductor Stock Set for New Highs After Earnings

July 31, 2019 / www.schaeffersresearch.com

A round of analyst bull notes have poured in, tooLattice Semiconductor Corp (NASDAQ:LSCC) stock is up 12.3% in electronic trading, after the programmable logic device maker reported second-quarter adjusted earnings of 15 cents per share on $102.30 million in revenue. This was more than the consensus estimates of 11 cents per share in earnings and $99.72 million in revenue, and bullish analysts hav...Read More

Dow Futures Boosted By Apple Earnings, With Wall Street Eyeing Fed

July 31, 2019 / www.schaeffersresearch.com

The U.S. and China will reportedly resume trade talks in September Apple (AAPL) earnings are front and center this morning, boosting Dow Jones Industrial Average (DJI) futures, after the tech giant posted quarterly figures that topped expectations and issued strong revenue guidance. The Fed is in focus, too, with the central bank widely expected to cut interest rates later today. Elsewhere, priva...Read More

The Market-Moving Event Just 60 Days Away

July 31, 2019 / www.schaeffersresearch.com

This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More

What This Rare Small-Cap Signal Might Mean for Stocks

July 31, 2019 / www.schaeffersresearch.com

Debunking the popular notion that small-cap underperformance is ominousOver the past year, the Russell 2000 Index (RUT) -- a barometer of small-cap stocks -- is down over 7%, while the large-cap S&P 500 Index (SPX) is up over 6%. A popular notion is that when there is a divergence between small-cap and large-cap stocks, the direction of the small-caps predicts the future direction of the market in...Read More

How gold mining has become much more complex in Canada

July 31, 2019 / fw.to

Sean Boyd, CEO of Agnico Eagle Mines, explains how gold mining has become much more complex over the 21 years he's been in charge at the company and how Agnico has grown to become Canada's biggest gold producer.Read full newsRead More

Geology Corner: Deposits that host the world's base metals

July 31, 2019 / www.northernminer.com

The earth has many unique ways of stripping base metals from its crust and concentrating them into deposits. Over the course of civilization, humans have uncovered seven main types: sediment-hosted copper-cobalt; magmatic nickel-copper-platinum group metal; volcanogenic massive sulphide; porphyry; mississippi valley type; sediment exhalative; and laterites.Sediment hosted copper-cobalt depositsThe...Read More

ALROSA reshapes management

July 31, 2019 / www.mining-journal.com

ALROSA said Okoemov and Matveev had received commendations from Russia's finance minister for their "significant contribution to the development of the diamond industry and for many years of conscientious work".Alexander Terentiev, advisor to the CEO and head of ALROSA's office in Yakutsk, also recently left the company to take up a government role. ALROSA said its representative office in Yakutsk...Read More

Gold Prices Rise Ahead of Expected Rate Cut

July 31, 2019 / www.investing.com

Investing.com - Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve.Gold futures for August delivery on the Comex division of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT).Markets widely expect the Fed to cut rates by at least 25 basis points this week. Some traders previously speculated the central bank to slash rates...Read More

US rate cut awaited

July 31, 2019 / www.mining-journal.com

Trump also criticised China and said the US had "all the cards" as trade negotiations get underway this week.Bloomberg noted China's "marginal improvement" in PMI data was no reason to be optimistic about global equities.US and European market futures were pointing higher but Australasian markets were lower in afternoon trade.Spot gold had reached a fresh high in Australian dollar terms earlier of...Read More

Australia's mosquito fleet of potash hopefuls getting strong support

July 31, 2019 / www.mining-journal.com

Three Australian potash-project developers have been recent stars on the ASX with their share prices close to doubling since the start of the year and, in one case, almost doubling over the pastRead More

Kirsch replaces Tapia as head of Metso mining

July 31, 2019 / www.mining-journal.com

Metso said this week Kirsch, who ran its mining business in Australia for about a year, had also joined its executive group. Victor Tapia is leaving the company and vacating the mining equipment presidency, but will "take on another internal assignment" in the meantime.Nasdaq Helsinki listed Metso had sales of about EUR3.2 billion in 2018. The company employs more than 14,000 people in over 50 cou...Read More

Newmont mourning security contractor death at Ghana mine

July 31, 2019 / www.mining-journal.com

"Following an extensive search operation, the victim's body was discovered in the Ahafo mine's mining area and recovered late Friday, 26 July," the company said.It said four other security guards were injured during the confrontation on Thursday."We are supporting our security provider in its efforts to assist the injured as well as the family of the deceased," acting regional senior vice presiden...Read More

Petra goes on the defense, offers solid outlook for 2020, and beyond

July 31, 2019 / www.idexonline.com

Petra Diamonds commented on the release of its share price performance for the financial year  of 2019, saying it delivered "solid set of operational results for 2019," with improved safety, a production of 3.87 million carats - in line with guidance - and lower capital expenditure of $81.7 million, down from US$129.6 million in 2018 Petra generated $17 million of free cashflow in the second...Read More

Alrosa makes management changes

July 31, 2019 / www.idexonline.com

Two veteran members of Alrosa's Executive Committee will be leaving Alrosa: Deputy CEO Yury Okoemov and Alexander Matveev, the head of Alrosa's legal department. The miner also announced two new appointments. Sergey Imangulov was appointed the company's chief ore enrichment specialist, and Alla Popova will take up the position of director of Alrosa's personnel training center....Read More

GIA offers $2 million worth of GIA scholarships for 2020 classes

July 31, 2019 / www.idexonline.com

The Gemological Institute of America (GIA) is offering $2 million in scholarships for aspiring or current gem and jewelry professionals interested in GIA gemology, jewelry manufacturing arts, distance education courses and lab classes in 2020. The scholarships are available for on-campus and distance education programs and are open to U.S. and international prospective students. Applications will...Read More

Turquoise Hill shares fall on cost overruns, delays at Oyu Tolgoi

July 31, 2019 / www.northernminer.com

Shares of Canada's Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) sunk to historic lows this month on news that production from the vast Oyu Tolgoi copper-gold-silver mine in Mongolia could be delayed 16 to 30 months from the original estimate, while the capital cost of the underground expansion (pegged at US$5.3 billion) could cost an additional US$1.9 billion.The expanded underground operation w...Read More

Odds 'n' Sods: Rocks can talk

July 31, 2019 / www.northernminer.com

Rock is remarkable stuff. It lets you know when it's not happy, and like the best of us, it gets stressed from time to time. When it gets very wound up, it won't shut up until something finally happens to calm it down, which is usually not a good thing for we humans. Ask San Francisco.The rock was yapping away to itself late last year in northwest England, at a fracking site near Blackpool. Cuadri...Read More

State equity in mining is a false economy

July 31, 2019 / www.mining-journal.com

Thickened tailings deposition for closureSPONSOREDsrk consultingAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesIt's been an age since I did my management studies. So long, in fact, I have not on...Read More

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