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 Wall Street freshman reported a revenue beatNewly public cybersecurity stock CrowdStrike Holdings Inc (NASDAQ:CRWD) is enjoying a serious surgefollowing the company's earnings debut. CrowdStrike reported fiscal first-quarter earningsin line with analysts' estimates, and revenue that beat expectations. The firm also predicted stronger-than-expected current-quarter figures. CRWD stock is up 14.5...Read More

WW has added 60% since May 31The shares of WW International, Inc. (NASDAQ:WW) are up 5.9% to trade at $26.70 today -- one of the better stocks on the Nasdaq this morning -- after D.A. Davidson delivered an upgrade to "buy" from "neutral," while upping its price target to $32 from $24.50. Analyst Linda Weiser thinks the Oprah stock has moved off its low, noting encouraging subscriber trends and im...Read More

GRUB is holding above its previous highs near $74Food delivery app GrubHub Inc (NYSE:GRUB) is moving slightly higher this morning, up 0.1% at $74.97, after a fresh bull note out of Benchmark. Specifically, the brokerage firm initiated coverage with a "buy" rating and $95 price target, representing a 27% premium to last night's close. Analyst Daniel Kurnos said the stock is at "a tasty entry point...Read More

Reuters said the retailer has held talks with restructuring specialistsJ C Penney Company Inc (NYSE:JCP) is down 10.1% to trade at $0.97 -- heading toward its worst day since Aug. 16 -- after a Reuters report indicated the embattled department store is exploring debt restructuring options. According to the article, JCP has met with lawyers and investment bankers who specialize in restructuring in...Read More

The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More

The New York Fed clarified John Williams' seemingly dovish remarks Dow Jones Industrial Average (DJI) futures are higher this morning, even as a spokesperson for the New York Fed clarified that yesterday's dovish comments from New YorkFed President John Williams were academic and "not about potential policy actions." Meanwhile, well-received earnings for Microsoft (MSFT)are lifting the blue-chip i...Read More

As most investors have heard by now, Netflix's second-quarter earnings reported on earlier this week showed a considerable plunge in new subscribers. The stock dropped more than 10% and the overall chatter online wasn't great for the prototypal leader in streaming services.The number of new subscribers for the quarter was projected to reach 5M, however 2.7M was the grand total-marking this a consi...Read More

"Communication," Cook told the Noosa Mining and Exploration Investor Conference. "My experience has been Australian companies are not that good at communicating with shareholders.Read More

Alcoa this week reported negative free cash flow of US$7 million on its $2.7 billion of second-quarter revenue. A net loss of $402 million, or $2.17 per share, included the $319 million one-off cost of divesting its interest in the Ma'aden Rolling Company (MRC) in Saudi Arabia, and $81 million of other special items.The company's weak FCF isn't helping reduce its heavy net debt load.New York inves...Read More

Lucara Diamond Corp.announced that the winning submission for the naming of the 1,758 carat diamond.  Meaning "rare find" in Setswana, the name Sewelo was selected from over 22,000 submissions in a contest open to all citizens of Botswana. The announcement was made during a gala event hosted by Lucara Botswana in the presence of His Excellency Dr. Mokgweetsi Eric Keabetswe Masisi, President o...Read More

The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry and trade, issued a statement today that it will halt its financial contribution to The Scientific and Technical Research Center for Diamond (WTOCD). "[The WTOCD] can no longer count on the (unrestricted) financial support from the AWDC. The current market situation has led us to take this decision,...Read More

Aim-listed BlueRock Diamonds has sold a 12.2 ct diamond for $105 000 in its July tender.This diamond, at $8 584/ct, was the second-most valuable diamond the company had recovered to date, following the sale of a 24.9 ct diamond in the June tender for $196 000.AdvertisementBlueRock executive chairperson Mike Houston attributed the great recoveries to improved operational practices at the company&rs...Read More

Canada-headquartered diamond miner Lucara Diamond has chosen the name Sewelô, meaning “rare find” in Setswana, for the 1 758 ct diamond recovered from its Karowe mine, in Botswana, in April.The name was selected from over 22 000 submissions in a contest that was open to all Botswana citizens.AdvertisementThe announcement was made during a gala event hosted by Lucara Botswana in t...Read More

With the extensive range of fully serrated, multi-directional non-slip floor gratings, stair treads and safety handrails that manufacturer Vital Engineering supplies, the company is involved in several projects where it supplies mines with mild steel, galvanised steel and stainless-steel products which ensure the very highest standards of safety and quality.“The majority of the mines which w...Read More

Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesThe PFS envisions a 110,000 tonnes per day throughput rate, a life of mine strip ratio of 1.66: 1 to produce a copper concentra...Read More

Lake Resources prepares to make a splash in lithium SPONSOREDlake resourcesStars aligning at Stellar for PolarXSPONSOREDpolarxMetro Mining promises low-cost bauxite for Chinese smeltersSPONSOREDmetro miningNamdini moves toward 300,000ozpa realitySPONSOREDcardinal resourcesASX-listed Ausdrill (ASL) has had a good week, climbing nearly 6%, though it dipped today. The company's shares are up about 27...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIn the Pilbara, unit costs for 2019 have been increased by US$1 a tonne to $14-$15/t.Read More

Summer is in full swing, and vacation season is upon us! That means a lot of traveling. From road trips, cruises and flights people are seeking their summer time rest and relaxation.With so many people looking to go to an exotic location, or visit far away family, many of us turn to flying to get around safely and quickly.Business, being business, means that airlines in turn are scrambling for way...Read More

Have you heard the news?Gold prices are at their highest level in six years and gold stocks are outpacing a record-setting stock market.Who would have thought?It seems like just yesterday we were all talking about rate hikes and bear markets. But now, here we are.Who possibly could have predicted this?Well, me.Twice.Twice now, I have called the Fed's bluff and encouraged you to do the same.And twi...Read More

Free riding is one of the oldest problems in economics and in society in general. Simply put, free riding describes a situation where one party takes the benefits of an economic condition without contributing anything to sustain that condition.The best example is a parasite on an elephant. The parasite sucks the elephant's blood to survive but contributes nothing to the elephant's well-being.A few...Read More