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 agencies are reportedly harvesting driver license imagery without citizen or lawmaker consent.Read full newsRead More

Another analyst is saying to buy the media stockComcast Corporation (NASDAQ:CMCSA) stock is up 2.4% to trade at $44.03 -- fresh off a record high of $44.13 -- after Goldman Sachs upgraded the media name to "buy" from "hold," and boosted its price target by $10 to $54 -- a more than 25% premium to last night's close. Analyst Brett Feldman said he expects CMCSA to "sustain double-digit growth ... ov...Read More

TMUS has had a roller-coaster summer thus farIn addition to its likely merger with Sprint (S), T-Mobile Us Inc (NASDAQ:TMUS) got another dose of good news, after it was reported the wireless carrier would join the S&P 500 (SPX) index next Monday. T-Mobile replaces Red Hat (RHT), which wasbought out by IBM Corp (IBM) late last year. In response, TMUS is up 3.7% in electronic trading this morning....Read More

Fed Chair Jerome Powell will make an appearance in D.C. todayDow Jones Industrial Average (DJI) futures were lower earlier, but have since flipped higher as traders digest prepared remarks from Fed Chair Jerome Powell ahead of the central banker's testimony before the House Financial Services Committee. The Fed head will point to "notably" slower business investments and re-emerging "crosscurrents...Read More

Traders are digesting news around rivals Nio and Tesla this morningElectric automakers Nio Inc (NYSE:NIO) and Tesla Motors Inc (NASDAQ:TSLA) are on the rise this morning. For China-based NIO, the shares are set to add more than 8% at the open after the company reported better-than-expected second-quarter deliveries. By the numbers, the company sent out 3,553 vehicles, compared to the top-end estim...Read More

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 hisway.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 t...Read More

Despite an avalanche of monetary and fiscal easing, record-breaking credit injections, and the media's insistence that a trade war will cause inflation carnage, China's producer prices were unchanged year-over-year in June.Read full newsRead More

Why seven days of outperforming the SPX could mean big bucksHere's some research I did based off a completely random thought. Out of nowhere, I began wondering if consecutive positive days for a stock indicated some pent-up buying pressure that would lead to some positive medium-term returns. Then I thought about stocks on a winning streak pulled down by general stock selling, which led me to anot...Read More

Cities and companies might be turning away from facial recognition, but federal agents are embracing it -- whether or not the public is fully aware of what's ha...Read full newsRead More

The state DMV databases form the bedrock of an unprecedented surveillance infrastructure, allowing federal investigative and immigration agents to scan millions of Americans' faces without their knowledge or consent.Read full newsRead More

Chantelle Schieven, research head at Murenbeeld & Co., discusses why gold has room to rally due to geopolitical and currency pressures.Read full newsRead More

Chantelle Schieven, research head at Murenbeeld & Co., discusses why gold has room to rally due to geopolitical and currency pressures.Read full newsRead More

Meanwhile US president Donald Trump has turned his attention to India, tweeting yesterday the country had "long had a field day putting tariffs on American products. No longer acceptable!"Market futures and mining stocks were mixed.Metals and mining stocks in Toronto fell 1.7% yesterday.However West African miner Avesoro Resources (TSX: ASO) has continued its recovery from a June low of C41.5c, wh...Read More

"We keep implementing our balanced sales strategy amid the backdrop of persisting excess diamond stock both at the cutting and polishing (midstream) sector and at retailers, as well as challenges related to financing of Indian midstream business," United Selling Organization ALROSA director Evgeny Agureev said."The market is gradually entering the phase of seasonally low demand for rough diamonds,...Read More

Second-hand luxury retailer The RealReal went public earlier this month with an initial goal to raise $270 million. The company ultimately sold 15 million shares at $20 each for $300 million. The RealReal was founded in 2011 by Julie Wainwright and the prospectus is valued at $1.6 billion for the largely online reseller, which also operates three brick-and-mortar stores. The company claims 1.4 mil...Read More

The Indian economic media reported earlier this week that India's government had tabled a proposal to increase import duties on precious metals with 12.5 per cent. This move would have a significant impact on consumer prices paid for gold, other precious metals and the jewelry items these are made with. "It is proposed to increase custom duty on gold and other precious metals from 10 per cent...Read More

The Namibian Deputy Minister of Mines and Energy, Kornelia Shilunga urged African diamond producers to formalize artisanal and small-scale diamond miners to maximize benefits from the sector. According to the South African news source The Southern Times, the minister said this during the African Diamond Producers Association (ADPA) 6th Ordinary Experts meeting in Windhoek earlier this week. "...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe junior, which remains suspended from trading in Australia because of its infractions at its Cangai copper mine in New South Wales, and now says it will be several weeks before it expects to returnRead More

What do you call an investment that has no risk, requires little - if any - money to start, is available equally to the rich and poor, is proven to improve your career prospects... can generate hundreds of thousands of dollars in savings over a lifetime? I call it good health.Although you might view spending on your health as a necessary expense, I'd argue it's an investment that will pay back d...Read More

Nicaragua Milling Company is taking a 10.4% stake in Condor Gold (TSX: COG; LON: CNR), which is advancing its La India gold project in Nicaragua.The privately held milling company has operated in Nicaragua for two decades and is majority owned by American mining engineer Randy Martin, who developed Hemco Nicaragua, a 1,200 tonne-per-day underground and open pit mine at Bonanza. Martin later sold 9...Read More