The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

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

Middle East tensions are driving oil prices higherIt's a record-setting session on Wall Street, with the S&P 500 Index (SPX) running to a new record intraday high this morning, as stocks continue to react to Wednesday's dovish Fed comments. The Dow Jones Industrial Average (DJI) is surging, too, coming within 190 points of its Oct. 3 all-time peak earlier, while the Nasdaq Composite (IXIC) is also...Read More

Piper Jaffray is concerned with HSY's valuation after its strong run in 2019Hershey Co (NYSE:HSY) shares are trading down 0.5% this morning at $137.15, after Piper Jaffray downgraded the stock to "underweight" from "neutral" and set a $125 price target, saying the company's valuation is too high compared to its peers. This comes after HSY hit an all-time high of $139.34 earlier this month, with th...Read More

The brokerage firm sees 30% downside for Tesla stockTesla Inc (NASDAQ:TSLA) stock is down 1.6% this morning to trade at $226.43, in reaction to a scathing bear note from Goldman Sachs. The brokerage firm slashed its TSLA price target to $158 from $200 -- a 30% discount to last night's close -- saying, "a downward path for shares will resume as it becomes more clear that sustainable demand for the...Read More

Deutsche Bank initiated with a "buy" ratingComputer maker Dell Technologies Inc (NYSE:DELL) is climbing the chartsthis morning, last seen up 4.3% at $55.72, after Deutsche Bank initiated coverage with a "buy" rating and $62 price target on the stock. The brokerage firm said it believes DELL could stave off industry headwinds, and might benefit from refinancing opportunities in the event of lower...Read More

CCL is pacing for its worst day since 2012One of the worst stocks on the New York Stock Exchange today is Carnival Corp (NYSE:CCL), down 12.6% to trade at $46.21 this morning. The company's adjusted second-quarter earnings and revenue came in above analyst expectations, but the cruise line cut its 2019 profit forecast, citing the U.S. government policy change toward travel to Cuba. This is pacing...Read More

The 10Y US Treasury yield is now down 11bps from the FOMC Statement, plunging back below 2.00% for the first time since November 2016, as Gold has spiked up to almost $1400...its highest since Sept 2013.Read full newsRead More

Alibaba just announced that its "6.18 Mid-Year Shopping Festival" broke records across China The shares of Alibaba Group Holding Ltd (NYSE:BABA) are popping this morning, after the Chinese e-commerce giant announced that its "6.18 Mid-Year Shopping Festival" broke sales records across China. The event, which took place over 18 days and featured over 200,000 brands, helpedmany of the participating...Read More

The Dow is set for a huge open as investors cheer a dovish FedU.S. stock futures are pointing to a higher open, with the Dow Jones Industrial Average (DJI) set for a more than 250-point jump out of the gate. The bullish backdrop comes after the Fed's dovish update yesterday, putting a potential interest-rate cut on the table for 2019. Meanwhile, weekly jobless claims were lower than expected this...Read More

June 18, 2019 (ACCESSWIRE via COMTEX) -- Further Update Concerning Acacia Mining plc - Situation in Tanzania and Review of Acacia Mine Plans NOT FOR RELEASE,...Read full newsRead More

The hit of 622m grading 0.6% copper and 0.2 grams per tonne gold from 204m depth (including 188m at 0.9% copper and 0.Read More

At the event, 126 rough diamonds weighing 2,090 carats were auctioned. The lot included a large stone of 63.8 carats that originates from the deposits of Almazy Anabara JSC. The auction's total sales sum came to $7.6 million. This time, more than 100 companies participated in the auction. Buyers arrived in Dubai from Belgium, Hong Kong, India, Israel, Russia, the United Arab Emirates and the...Read More

Gem Diamonds announced it has sold all of its share capital in Gem Diamonds Botswana Proprietary Limited (GDB) to Pro Civil, a company registered in Botswana. GDB's chief is the Ghaghoo diamond mine in Botswana which has been on care and maintenance since March 2017, and which is wholly owned by GDB. GDB reported a loss of US$ 4.9 million in 2018. Its assets were valued at US$ 3.9 million. U...Read More

The Bharat Diamond Bourse (BDB) in Mumbai issued a statement, welcoming the announcement made by the Gem and Jewellery Export Promotion Council (GJEPC) that the umbrella organization of Indian diamond, gem and jewelry industry and trade would  be holding a separate Buyer-Seller meeting in in parallel to the third edition of the Bharat Diamond Week (BDW) which takes place at the bourse from 14...Read More

US condition-based monitoring device supplier SpotSee is in the process of obtaining certification in Africa for its Wi-Fi radio, which enables its OpsWatch vibration monitoring system to stream condition-based data to central operations through a Web-hosted platform.The system can detect changes in vibration at an extremely low frequency (one hertz). As a result, SpotSee says, it is better able t...Read More

De Beers Group Institute of Diamonds will be partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India. The IIG has been operating for more than 50 years and is recognized as a leader in gemology and in diamond and jewelry education in India. The partnership will initially launch with a focus on the De Beers Group online Diamond F...Read More

The Swiss Gemmological Institute (SSEF) will be participating in the Gemmological Laboratories Zone at the June Hong Kong Jewellery & Gem Fair, June 20 to 23, at the Hong Kong Convention & Exhibition Centre (HKCEC). At the June Fair, SSEF will present GemTrack???EUR? ?, a service linking cut stones to the rough stones from which they originated using gemological techniques. According to th...Read More

The immense pressure to achieve production targets occasionally means that maintenance practices are difficult to implement in the mining industry and are often time based. Therefore, mines are looking for solutions to improve maintenance management, says Finnish industrial machinery company Metso Africa market area sales support VP Scott Pringle. “Our clients are looking for innovative ways...Read More

A total of 77 cooperatives in Angola have been authorised to explore for and mine diamonds, stated an official announcement at the end of last month. The authorisations were issued by the State-owned Endiama diamond mining company. The information was released by ‘Operation Transparency’ Forward Command spokesperson, Commissioner António José Bernardo. Operation Transpar...Read More

LSE-listed Gem Diamonds has entered into a binding agreement with Pro Civil for the sale of 100% of the share capital of Gem Diamonds Botswana (GDB), which holds the Ghaghoo diamond mine, which has been on care and maintenance since March 2017.Under the share sale agreement, Pro Civil will make a one-off upfront payment of $5.4-million for the share capital of GDB. Gem Diamonds will use the s...Read More

Strongbow reviving age-old Cornwall tin mining traditionSPONSOREDstrongbow explorationLithium's next generationSPONSOREDneo lithiumFinally, a changed mining tech M&A landscapeSPONSOREDatricoE25 powering towards Butcherbird PFSSPONSOREDelement 25President and CEO Luis Tondo said Coro had discovered new, multiple high-grade zones within the oxide zone at surface, and for the first time was s...Read More