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

In a guest blog by Gabriela Flores on the website of the International Institute for Environment and Development, she lists what is needed to change the conversation about artisanal mining and conflict diamonds "Millions of people in some of the world's poorest countries depend on diamond mining for a living. Yet a focus on dealing with so-called 'blood diamonds' stops a wider conv...Read More

 A survey was conducted online within the United States by The Harris Poll on behalf of TD Ameritrade showed these findings: Marriage is a pivotal milestone for more than half of Young Americans todayThough 1 in 4 are opting out of marriage altogetherFour in 10 Millennials plan to foot the bill for their own weddingsWhile only 7 percent of parents expect that they won't contribute...Read More

Tsingshan and other firms investing in an electric vehicle battery chemical plan...Read full newsRead More

There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More

Jul 03, 2019 (Euclid Infotech Ltd via COMTEX) -- Barrick Gold Corporation and Newmont Goldcorp Corporation have successfully concluded the transaction...Read full newsRead More

There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More

The agency has warned of a 50% chance of another magnitude 6 quake in the coming days, and a 10% chance of a magnitude-7 tremor in the next week.Read full newsRead More

Angola's Minister of Natural Resources and Oil announced during a visit to Lisbon, Portugal, that Angola's  national diamond company Endiama will be privatized and its stock will be partially floated on the stock exchange. Minister Diamantino Azevedo told the Portuguese news agency Lusa that the Angolan government is reorganizing the activities of the Ministry and its state-owned c...Read More

I did not celebrate the Fourth of July on Thursday. This goes back to a term paper I wrote in graduate school. It was on colonial taxation in the British North American colonies in 1775. Not counting local taxation, I discovered that the total burden of British imperial taxation was about 1% of national income. It may have been as high as 2.5% in the southern colonies.In 2008, Alvin Rabushka’...Read More

If you watched either of the two debates among the Democratic presidential hopefuls last week or caught the recaps, you may have noticed something missing among the sound bites. There was very little talk about marijuana legalization. Maybe it was an oversight. Maybe they just didn't get to it. Maybe the moderators felt as though it wasn't an issue worth bringing up. Whatever the case, the fact...Read More

Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-mark...Read More

Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-mark...Read More

OceanaGold has filed an injunction to protect its Didipio asset in the Philippines as local government attempts to restrain all operations.Read full newsRead More

The Dow and S&P spent the whole day in negative territoryThe Dow was down more than 230 points at its session low after this morning's impressive payrolls report lessened expectations for a half-point rate cut at the Fed meeting in late July -- though markets are still pricing in near-unanimous projections for a 25 basis point cut. The blue-chip index pared these losses significantly by the close,...Read More

Stocks got an early boost from U.S.-China trade tailwindsIt was a solid week for stocks, with the Fourth of July holiday offering an abbreviated start to the new month. The Dow, S&P 500, and Nasdaq used early-week trade truce momentum to nab weekly wins, surging to record-high closes on Wednesday before the holiday break on Thursday. Trade tensions remain a major market catalyst; even after the U....Read More

"Apex Legends" concerns could be weighing on EA sharesStocks are in the red today in a quiet post-holiday session. Two names making notable moves are video game producer Electronic Arts Inc. (NASDAQ:EA) and clinical-stage cancer therapeutics specialist Tyme Technologies Inc (NASDAQ:TYME). Below we'll take a quick look at how the shares of EA and TYME are trading. More Headwinds Hit EA StockEA stoc...Read More

FCX is also testing its 50-day moving averageMining concern Freeport-McMoRan Inc (NYSE:FCX) is edging lower today, along with other sector peers, as copper prices come under pressure. The equity is down 0.2% at $11.28, and earlier slipped beneath the $11 region, which it has been testing in recent weeks. Looking more broadly, the equity has been attempting a bounce off its two-year low of $9.47 fr...Read More

Shorts have been ramping up coverage on ZENSoftware service Zendesk Inc (NYSE:ZEN) is down 1% at $90.86 this afternoon, a rare occurrence for the long-term outperformer. Below, we will take a look at recent data from Schaeffer's Senior Quantitative Analyst Rocky White, which suggests Zendesk stock may be ready for a fresh surge higher. Specifically, the equity has climbed the charts since its mi...Read More

The firm tapped AU and HMY stocks as two of its top gold picksGold futures are trading lower today as the U.S. dollar strengthens following this morning's jobs report, putting the August-dated contract on track to snap its two-week win streak. However, the commodity tagged a five-year peak on Wednesday, and the recent run up in gold has boosted several mining stocks, including AngloGold Ashanti Li...Read More

The Dow was more than 200 points at its session lowsOn a quiet day of trading on Wall Street, the Dow Jones Industrial Average (DJI) is under pressure -- down triple digits, at last check -- after a better-than-expected jobs report eased expectations for a 50 basis point interest rate cut at the Fed's July meeting. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are deep in the red, too, as s...Read More