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

This gold mining ETF hits a new 52-week high. Are more gains in store for this ETF?Read full newsRead More

Hasbro reported second-quarter earnings and revenue that exceeded expectations Toy name Hasbro Inc (NASDAQ:HAS) is popping in early trading after reporting second-quarter earnings and revenue that topped analysts' expectations. The firm cited a huge demand for Disney's "Avengers: Endgame" toys, with revenue from partner brands rising 3% during the second quarter. In the earnings call, executives a...Read More

Analysts remain skeptical of the beverage giant, thoughA big earnings winner this morning is The Coca-Cola Co (NYSE:KO), up 4.9% to trade at $53.71, and earlier tapped a new record high of $53.71. The beverage giant reported second-quarter adjusted earnings of 63 cents per share on $10 billion in revenue, both topping analyst expectations of 61 cents and $9.9 billion, respectively. Coca-Cola als...Read More

SPOT options traders are heavily call-skewedSpotify Technology SA (NYSE:SPOT) just received a bullish note from brokerage firm Macquarie. Analysts there began coverage with an "outperform" rating and $200 price, well above Monday's close of $146.76. The note suggested SPOT shares are undervalued and the streaming music company has been underestimated by Wall Street. While most analysts covering Sp...Read More

Conagra stock has struggled on the charts over the past yearPackaged foods name Conagra Brands Inc (NYSE:CAG) has struggled to grasp a positive footing on the charts. The security has shed 20% over the past 12 months, and is trading near its pre-earnings gap close from late June, as well as its 2013 highs. In other words, now looks like the perfect time to buy puts. More than 8,400 July 28 puts ex...Read More

Dow stocks Coca-Cola and United Technologies posted quarterly earnings beatsDow Jones Industrial Average (DJI) futures are trading more than 100 points above fair value this morning on a flurry of impressive earnings reports from blue chips. Specifically, Coca-Cola (KO) announced a top- and bottom-line beat for the second quarter and lifted its full-year revenue forecast, while United Technologies...Read More

Bearish traders have been targeting Yeti in recent weeks, thoughAnalysts are overwhelmingly bullish on Yeti Holdings Inc (NYSE:YETI) ahead of the company's second-quarter earnings report, due out before the open next Thursday, Aug. 1. While 10 of 11 covering firms maintain a "buy" or better rating on the stock, the average 12-month price target of $36.92 is a 14.4% premium to last night's close at...Read More

Gold and gold mining stocks are on the rise and should continue to rally as interest rates fallRead full newsRead More

In Toronto, eCobalt Solutions (TSX: ECS) shot up 25.58% yesterday as it moves to close its merger with Jervois Mining (ASX: JRV), after shareholders in both companies last week agreed to the transaction.Jervois had shot up about 20% yesterday intraday but was down about 10% in afternoon Australian trade today. The gold price is about US$10 an ounce lower than this time yesterday, about $1,416/oz.B...Read More

Mines Minister Abdoulaye Magassouba told the wire service the international tender would be "open, competitive and transparent".The high-grade iron ore project has been beset by legal battles and its remote location has posed infrastructure problems.However strong iron ore prices and the resolution of some problems have increased Guinea's chances developers could be found, Reuters said.Rio Tinto (...Read More

ASX-listed gold miner Silver Lake Resources has appointed Swick the preferred tenderer for underground drilling at its Mt Monger operation, with three rigs set to begin work in August.Read More

In an interview with IGTV, Stuart Brown, Chief Executive Officer (CEO) at Mountain Province Diamonds (MPD) said that "over the last five years we've probably seen too much supply of rough going into the market." Brown came to MNPD after a long career in the diamond mining industry. He spent most of his career with De Beers. De Beers is responsible for the mining side of the joint venture. In...Read More

In his first -ever blog, Ernest Blom, president of the World Federation of Diamond Bourses, argues that the Kimberley Process Certification Scheme (KPCS) is slow because one of the most hot potatoes is ignored.The KPCS, he wrote,is one of the great accomplishments of the worldwide diamond community of the last two decades, as more than 99.5 percent of the diamonds produced fall under a certificati...Read More

BlueRock Diamonds PLC, a diamond miner listed BlueRock Diamonds plc, listed on the AIM in London, reported it had sold a 12.2 carat diamond for $105,000. The price per carat realized stood at $8,584. BlueRock Diamonds owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa. Blue Rock said that this diamond is the second most valuable diamond the firm had recovered to d...Read More

In corporate finance there's a term used to describe inventory that sits in a warehouse costing the business money - that term is called carrying costs.Imagine for a second that your house is run like a business and all your belongings are its inventory. The more stuff you own, the higher your carrying costs will be.Of course, not everything you own will end up costing you money but you get the id...Read More

This week's episode features one of the luminaries of the Canadian mining industry, executive chairman of Yamana Gold Peter Marrone, who gives a speech on Yamana Gold's business philosophy, some of the company's biggest projects, and how it overcame financial difficulties after a challenging 2014.The discussion was recorded live at The Northern Miner's Canadian Mining Symposium held at Canada Hous...Read More

There was a short period of 21 years where fortunes were made and California as we know it was born.It was the short and glorious age of the clipper ship. Tall, slender, and faster than anything else at the time, they revolutionized commerce only to be quickly made obsolete and fade into virtual obscurity.There are no remaining original American clipper ships today, but their legacy lasts.They cre...Read More

RPMGlobal's new president Americas, Patel has spent 15 of his 25 years in mining in operations and was corporate manager, mineral processing and metallurgy at Kinross Gold Corp before joining RPA.Philippe Baudry, RPMGlobal executive general manager - advisory services, said the company was seeing strong customer demand, "particularly in the minerals and metals space"."Akoo's appointment reflects a...Read More

Republicans and Democrats have stowed their axes, sunk their differences... and agreed to raise the debt ceiling.The government will remain in funds for the next two years - beyond the 2020 election, not coincidentally.The Wall Street Journal reads the truce terms:Congressional and White House negotiators reached a deal to increase federal spending and raise the government's borrowing limit, secur...Read More

It was another choppy day on Wall StreetIt was another choppy trading session today, with little in the way of big-name earnings reports to digest and no economic data on the docket. However, a strong day for tech stocks kept the S&P and Nasdaq in positive territory for the whole session, while big wins for Intel (INTC), Apple (AAPL), and Microsoft (MSFT) helped pull the Dow into the green by the...Read More