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

Chris Vermeulen19 hours ago (Jun 27, 2019 6:10 AM GMT)Silver will likely find resistance near $15.60 and move slightly lower before another upside price leg takes place.  Both gold and silver have begun incredible price rallies over the past 10+ days and we believe this is just the start of a much bigger price trend.DAILY SILVER CHART ANALYSISThe $15.60 to $15.75 resistance level can be seen...Read More

Glencore (LON: GLEN) says 19 illegal artisanal miners have died, "with possible further unconfirmed fatalities," when two galleries caved in at Kamoto Copper Company's KOV open-pit copper mine in the Democratic Republic of Congo (DRC).The mine has experienced "daily intrusions onto its concession by on average 2,000 illegal artisanal miners per day," the Switzerland-based commodities giant stated...Read More

The Shandong stake is being acquired at the cost of A6.2c per share, while the direct investment into Triton is costing Jinan Hi-Tech 4.1c per share.Read More

The Fitch Group unit says it's increasingly likely that China might use its near-monopoly (72% of the global rare earths market) as leverage over the coming months.The US is highly dependent on Chinese imports to satisfy its demand for rare earth metals, with China having supplied up to 80% of the rare earths imported by the US between 2014 and 2017.According to Fitch, historical precedence sugges...Read More

In his speech during the opening session of the recent 2019 Intersessional Meeting of the Kimberley Process (KP), World Diamond Council president Stephane Fischler urged KP member countries to optimise the developmental opportunities provided by natural resources by protecting the interests of mining communities. The meeting took place in Mumbai, India, and was the first of two KP meetings to be h...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe environment group claims that the mine degrades the forests and rivers around Kasibu.Read More

Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoThe collapse of "mining galleries" near the active Kamoto openpit at Katanga that reportedly killed a number of illegal miners...Read More

Billionaire investor Warren Buffett is often labeled frugal.He lives in the same house he bought back in 1958 for $31,500.He never spends more than $3.17 on breakfast, and up until 2014, was driving the same 2006 Cadillac DTS.It wasn't until his daughter told him it was embarrassing that he traded up for the new XTS model.Contrast Buffett's frugal lifestyle to this story shared on Reddit a few mon...Read More

Mortgage rates have been dropping for the past few months, with a 30-year fixed falling to 4% recently according to FreddieMac. And now there's the possibility that the Fed will lower interest rates this summer. So this could be the ideal time to buy that home you've been eyeing.But suppose you have credit problems or haven't saved enough for a hefty down payment (20% for most conventional loans)?...Read More

In his 2016 memoir, Nike founder Phil Knight recalls being 24 years old and having what he calls a "Crazy Idea."He writes: "That morning in 1962 I told myself: Let everyone else call your idea crazy ... just keep going. Don't stop. Don't even think about stopping until you get there, and don't give much thought to where 'there' is. Whatever comes, just don't stop."Now, the shoe business is not the...Read More

The collapse of "mining galleries" near the active Kamoto openpit at Katanga that reportedly killed a number of illegal miners hasn't impacted mine production, according to the mining major. The pit is understood to contribute about two-thirds of the ore processed at Katanga. But the incident (again) made clear that "security at the operations needs to be increased", BMO said in a note."If this ev...Read More

Aim-listed BlueRock Diamonds expects the operating time at its Kareevlei diamond mine, in Kimberley, South Africa, to increase by more than 30% after it shifted to a 365-day-a-year operation in March.This improvement will add to those improvements already achieved during the company’s 2018 financial year, ended December 31, during which it increased its diamond sales by 71% year-on-year to 5...Read More

Bitcoin has surged 320% since December.Anyone will tell you that's a massive surge.But what they won't tell you is how to properly exploit it.I mean, I know you want to get in. But even if you have $12,000 pouring out of your wallet right now, that only buys you one single bitcoin.As is the case in many bull markets, this asset has risen so high, so quickly that it's virtually impossible for the a...Read More

A rough outing from Boeing weighed on the Dow todayThe Dow finished with a modest loss today, as a rough day for Boeing (BA) overshadowed a post-earnings surge from Walgreens Boots Alliance (WBA). Elsewhere, all eyes turned to trade ahead of the G-20 summit tomorrow, especially after a Wall Street Journal report indicated Chinese President Xi Jinping is ready to present a set of terms to Presiden...Read More

The company's blood disorder drug received FDA approvalIt's a breakout session for Dova Pharmaceuticals Inc (NASDAQ:DOVA), after the Food and Drug Administration (FDA) approved the company's blood disorder drug, Doptelet. At last check, DOVA shares were up 22% at $13.01 -- near the top of the Nasdaq, and pacing for their best day ever -- and options traders are rushing the pharma stock.Most recent...Read More

Silver Viper Minerals Corp. (theRead full newsRead More

Cemtrex stock doubled after the firm announced it's received $6 million in orders over the past few monthsThe Dow has pared its gains after Larry Kudlow's tariff comments spooked investors. Several individual stock are surging, though, including tech concern Cemtrex Inc (NASDAQ:CETX), as well as pharma stocks Zogenix Inc (NASDAQ:ZGNX) and Novavax Inc. (NASDAQ:NVAX). Here's a look at what's movin...Read More

Walmart stock was ripe for bulls in late MaySubscribers to Schaeffer's Weekend Trader Alert service justdoubled their moneywith the Walmart Inc (NYSE:WMT) September 100 call option recommendation. Below, we'll explain how this options trade hit its expected target, leaving speculators with a big win.When we initially recommended the call to subscribers on Sunday, May 26, the shares of retail pow...Read More

Goldman, however, took a decidedly bearish stance on the namesGoldman Sachs just downgraded retailers Nordstrom Inc (NYSE:JWN) and Ross Stores Inc (NASDAQ:ROST) to "sell" from "neutral," this morning. The analyst said it was taking a "conservative stance" on the retail sector, adding that it's "increasingly concerned about the impact of potential supply chain disruption resulting from tariff uncer...Read More

Etsy options are attractively priced at the moment, tooOnline retailer Etsy Inc (NASDAQ:ETSY) has struggled recapture its technical tenacity from earlier in the year. Fortunately, there's a reliable signal sounding that indicates a another breakout could be imminent, if history is any guide.More specifically, Etsy stock is now within 2% of its 160-day moving average. Since its inception, there h...Read More