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 leading India daily Times of India (ToI) reported that "due the slum in [the] diamond industry for the past couple of years," two large companies, one in Mumbai and one of Surat are unable to pay off their debts to their banks, saw their credit lines withdrawn, and are basically bankrupt. One Mumbai-based diamond manufacturing and trading company is said to be "saddled with huge borrowings fr...Read More

India's Enforcement Directorate (ED) has termed as a facade an affidavit submitted by the fugitive Indian diamantaire and jewelry manufacturer Mehul Choksi in which Choksi claimed that his health problems prevent him from doing so. The ED consequently offered to provide an ambulance and a team of medical experts to bring Choksi back from Antigua and to provide him with all necessary treatment...Read More

The Dubai Multi Commodities Centre (DMCC) welcomed 1,868 new companies to its free zone in 2018, a 12 percent increase compared to 2017. The construction of Uptown Dubai, DMCCs new district, is also well underway to accommodate the demand for additional space, DMCC announced. "We have established our position as the preferred free zone for companies looking to set up their businesses in the region...Read More

The Namibian reported earlier this week that businessman David Shimwino denied having any links to Gem Diamonds, the company that won a N$300 million contract to valuate Namdeb diamonds over the next five years. Namibia's Central Procurement Board (CPB) awarded the N$300 million contract to Gem Diamonds Namibia, while Global Diamond Valuators Namibia, the firm that currently provides the val...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 landscapeSPONSOREDatricoAccording to Orion's bankable feasibility study, the project has an NPV post-tax of A$408 million (using an 8% discount rate),...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumSandfire failed early this year to transact a deal valuing the Botswana-focused MOD's shares at 38c, but it is set to be successful this time after upping the bid about 18% to 45c and including a cashRead More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company had curtailed activities on Thursday as the fire neared its western property boundary.Read More

I'm all for treating myself to some of life's luxuries, but I won't splurge to the point where it starts to hurt my finances.Sadly, for a lot of Americans the latter is true.In fact, the average US adult spends $1,497 a month on nonessential items, according to a recent survey conducted by OnePoll. That's roughly $18,000 a year on things we can all do without. The survey revealed that the average...Read More

First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America.The company, which plans to restart its hydrometallurgical cobalt refinery near Cobalt, Ont., has signed an agreement with Glencore (LON: GLEN) that will see the metals giant supply the junior's refinery with cobalt feedstock.Under a memorandum of understanding, Glenc...Read More

Global Energy Metals (TSXV: GEMC; US-OTC: GBLEF) struck an option agreement in January with Nevada Sunrise Gold (TSXV: NEV) to acquire 85% of the historic Lovelock cobalt mine and nearby Treasure Box properties - both of which contain battery minerals, including cobalt, nickel and copper - and are only a 90-minute drive from the Tesla-Panasonic Gigafactory 1, a lithium-ion battery and electric veh...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said its majority-owned mine remained on track to produce between 140,000-175,000 tonnes of copper this year, with more than 80% expected in the second half.The US$6.3 billion development is expected to ramp up to more than 300,000t of annual copper production over the next few years, with First Quantum set t...Read More

A "more challenging" environment in China and higher than normal diamond inventories in the midstream contributed to more cautious diamond buying in De Beers' fifth sales cycle of the year, CEO Bruce Cleaver said on Tuesday.The value of De Beers' rough diamond sales decreased to $390-million in the fifth sales cycle of this year, compared with $581-million in the fifth sales cycl...Read More

Bitcoin is on a tear. Since the start of the year, it is up 200%. Since its low in December 2018, it is up 256%.The burning question is: how high can it go this time?Bitcoin hitting $20,000 was a fast and dirty affair at the end of 2017, with a quick spike up and not a lot of volume.And of course there was the relentless news coverage and ridiculous talk of HODL and Lambos and what not.So what abo...Read More

Be a part of the Agricultural Renaissance Projecting 3 Million Pound 2019 Harvest Following a successful 2018 growing season, Hemptown USA is scaling its operation to meet global demand. The company is on track for 2019 revenue (based on 2018 crop yield) of $23 million and is projecting $204 million revenue for 2020. Accredited? Sign ...Read full newsRead More

The S&P 500 and Nasdaq both took breathers todayThe Dow started the last week of June with modest gains today. The same could not be said for the S&P 500 and Nasdaq, though, as both closed in the red. Investors exercised caution ahead of Friday's G-20 meeting between U.S. and China leaders, and kept an eye on other geopolitical developments, including newly imposed and "hard-hitting" U.S. sanctio...Read More

Hair and makeup stocks like Sally are suffering after Amazon announced its beauty store for professionals The Dow is trading higher today, but the upside is modest ahead of this week's big G-20 summit. However, several individual stocks are making big moves, including retailer Sally Beauty Holdings, Inc. (NYSE:SBH), as well as drug stocks Minerva Neurosciences Inc (NASDAQ:NERV), and Krystal Biote...Read More

Year-to-date Lennar stock has added more than 31%Home construction concern Lennar Corporation (NYSE:LEN) is up 1% at $51.83 this afternoon, continuing its long-term climb on the charts. Traders are gearing up for the company's second-quarter report, slated for before the market opens tomorrow, June 25. Down below we will take a look as to how Lennar stock has been performing on the stock market...Read More

Makeup retailers are reeling on big-cap competition concernsThe shares of Ulta Beauty Inc (NASDAQ:ULTA) are in the red this afternoon, after FAANG name Amazon.com (AMZN) unveiled the Amazon Professional Beauty Store for state-licensed cosmetologists, stylists, and aestheticians. Ulta -- which sells cosmetics, including Kylie Jenner's brand -- and other beauty stocks are reeling in light of the big...Read More

RIOT options are seeing heavy trading todayIn the wake of Facebook's cryptocurrency reveal, the blockchain sector has made outsized moves lately, with Bitcoin crossing the $10,000 level over the weekend to trade near 15-month highs. This has Riot Blockchain Inc (NASDAQ:RIOT) stock up 18.2% to trade at $3.24 today -- set for its best day since April 2 -- and it appears options traders are targetin...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More