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

Jean-Marc Lieberherr readily concedes that the industry he represents and speaks for - global diamond mining - has an image problem. "There are so many misconceptions about diamond mining," says Lieberherr, chief executive of???cer of the Belgium-based Diamond Producers Association. "Issues from the 1990s, like conflict diamonds that funded several African civil wars, are real scars in the history...Read More

At The Northern Miner's Canadian Mining Symposium, held at Canada House in London, U.K., Yamana Gold (TSX: YRI; NYSE: AUY) executive chairman Peter Marrone spoke on the many changes at Yamana over the past few years, and the possible avenues for growth ahead. Below is an edited transcript of the session, held on May 22, 2019.______________I hope to reflect on some of the themes that perhaps other...Read More

Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland minerals'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Last week's ‘From the Capital' column outlined a historically unusual macro backdrop, raising...Read More

The update "unlocked additional value" at the Alacran deposit and added resources for the Montiel East, Montiel West and Costa Azul satellite deposits, Cordoba said. San Matias now has a 94.Read More

"And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude."- Thomas JeffersonA happy Fourth of July to each and every one of you...I trust that if you are reading this, it is to simply take a short break from a day of grilling, swilling, and chilling.But between the fireworks and ba...Read More

Pancontinental Resources Corporation (TSXV:PUC) has released its PUC monthly report, which updates its shareholders on the company's activities as well as trends in the battery and gold sectors.Read full newsRead More

The prime reason for the rise in gold is short covering apart from recession concerns. Trade war is here to stay. IMF chief Lagarde moving to lead European central bank chief is also one the possible reason. Investment demand is on the higher side with every rise in gold price. Hopefully silver will now try and catch up with the gold price rally. Opec has expressed concerns over a weak demand....Read More

The prime reason for the rise in gold is short covering apart from recession concerns. Trade war is here to stay. IMF chief Lagarde moving to lead European central bank chief is also one the possible reason. Investment demand is on the higher side with every rise in gold price. Hopefully silver will now try and catch up with the gold price rally. Opec has expressed concerns over a weak demand....Read More

That's equivalent to roughly one-third of its market cap.Read full newsRead More

Elevated rate-cut expectations fueled buying on Wall StreetStocks ended the abbreviated session with a bang, with the the Dow and S&P settling at record closes -- the latter its third in a row. The Nasdaq also grabbed a record close, thanks to broad strength in the tech sector. There was plenty of economic data to digest, too, the bulk of which boosted expectations for a July rate cut from the Fed...Read More

All three stocks are on the rise todayStocks are on the rise ahead of the early close today for U.S. markets. Three names making notable moves in the abbreviated session are coffee giant Starbucks Corporation (NASDAQ:SBUX), burger chain Shake Shack Inc (NYSE:SHAK), and gold miner Barrick Gold Corp (NYSE:GOLD). Here's how the shares of SBUX, SHAK, and GOLD are trading.Stifel Note Sparks Another Hig...Read More

SGMS put options are cheap as the stock runs into key resistanceA month ago, we profiled Scientific Games Corp (NASDAQ:SGMS) and a flashing bearish signal. Following that June 4 write-up, the stock went on to slide more than 13% into its June 24 low close at $18.08. SGMS shares have since bounced back from those lows -- but heading into the Fourth of July holiday, another short-term sell signal...Read More

The automaker reported extremely strong delivery and production numbers for the second quarterThe shares of automaker Tesla Motors Inc (NASDAQ:TSLA) are soaring this morning, after the company's second-quarter production and delivery numbers shot past Wall Street's expectations and shattered previous records. While the stock is eyeing its biggest swing in over a month, up 6.7% at $239.50, analyst...Read More

The equity's 80-day trendline has historically bullish implicationsAutomatic Data Processing (NASDAQ:ADP) stock took a sharp bounce off its 80-day moving average in early June, eventually topping out at a record high of $170.45 just three weeks later. The shares have since consolidated some of these gains, but are once again trading near this rising trendline -- suggesting ADP could be headed back...Read More

MRK's strong technical performance has earned it several bull notes in 2019The shares of Merck & Co, Inc. (NYSE:MRK) have had a huge year, riding the tailwinds from the company's blockbuster cancer drug Keytruda. The drug is one reason another analyst is saying the stock is a buy, with Mizuho beginning coverage with a "buy" rating and Street-high $97 price target. The brokerage note suggested Keyt...Read More

SYMC options are attractively priced at current levelsA big winner on Wall Street this morning is Symantec Corporation (NASDAQ:SYMC), up 15.3% to trade at $25.49, and earlier nabbing a new annual high of $25.53. This comes after a Bloomberg report suggested semiconductor concern (AVGO) was in advanced talks to buy Symantec. An analyst at Wedbush called it a "golden time" for the cybersecurity fir...Read More

Disappointing jobs data might mean more fodder for the Fed to cut rates Dow futures are back above fair value this morning, with Wall Street hoping that disappointing private-sector payrolls data might be grounds for the Fed to potentially cut interest rates later this month. ADP reported payrolls growth of just 102,000, falling short of expectations for an increase of 135,000 -- and setting the s...Read More

Linton told CNBC he was firedCanopy Growth Corp (NYSE:CGC) stock is down 3.5% in electronic trading, after the cannabis company said Bruce Linton is exiting his roles as co-CEO and board member, effective immediately. In an interview with CNBC, Linton said he was "terminated," as CGC hands over 100% of the top responsibilities to Mark Zekulin, who had been serving in the co-CEO spot.Should today's...Read More

Porter Stansberry is predicting a major change in the American economic system. No one believed Porter Stansberry years ago when he said the world's largest mortgage bankers (Fannie Mae and Freddie Mac) would soon go bankrupt.And no one believed him when he said GM would fall apart... or that the same would happen to General Growth Properties (America's biggest mall owner)... or that oil would fal...Read More

A signal that's been extremely bullish for stocks is soundingIn case you haven't heard, the S&P 500 Index (SPX) gained just over 17% in the first half of 2019. That's the strongest first half of a year since 1997. The question now is whether a six-month rally like this can continue for the rest of the year. I'll look at prior years where the first half was extremely strong and see how the rest of...Read More