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

Shares in Ecuador-focused SolGold (LON, TSX:SOLG) took a hit on Thursday, following media reports of a potential referendum on mining in Imbabura, the province in which its flagship Cascabel copper-gold project is located.The company's stock dropped more than 28% in London to 24.26 pence in early morning, but recovered in the afternoon to close at 32p, leaving its market cap at almost 589m pou...Read More

Canadian Solar recently bounced off its 200-day trendlineShares of Canadian Solar Inc. (NASDAQ:CSIQ) are surging this morning, last seen up 7.8% at $19.07. The alternative energy provider reported a narrower-than-expected first-quarter loss, and named Yan Zhuang as acting CEO, while its current CEO Dr. Shawn Qu takes a medical leave of absence. Plus, the company's Chief Financial Officer (CFO) Hu...Read More

TSLA fell to a two-year low yesterdayThe shares of Tesla Inc (NASDAQ:TSLA) are down 0.3% to trade at $189.22 today, after Barclays trimmed its price target to $150 from $192. The analyst in coverage said Tesla is "stalling as a niche automaker," and waxed pessimistic about the stagnating Model 3 demand, as well as a path to profitability. In summation, Barclays said Tesla "has a lot of catching...Read More

Veeva Systems just reported first-quarter earnings and revenue that beat expectations Software concern Veeva Systems (NYSE:VEEV) is soaring this morning after the company reported first-quarter earnings and revenue that exceeded analysts' expectations last night. The firm also lifted its guidance for the second quarter, as well as the full year. The shares are up 9.8% at $147.69, trading at fresh...Read More

The cybersecurity firm gave a weak current-quarter profit forecastPalo Alto Networks Inc (NYSE:PANW) stock is down 6.2% in electronic trading, set to open near the $200 per share level for the first time since mid-January. This downside comes after the cybersecurity firm offered a weaker-than-expected current-quarter profit forecast due to acquisition-related costs and tariffs, though PANW did bea...Read More

Papua New Guinea's new prime minister pledged on Thursday to "tweak and turn" laws governing how natural resources are extracted to help lift the vast South Pacific archipelago out of poverty.James Marape, a former finance minister who became leader after winning a vote in parliament, put some of the world's biggest resources companies on notice over a perceived lack of wealth flowing from their p...Read More

X and STLD stocks were hit with more bearish attentionThe shares of United States Steel Corporation (NYSE:X) have been getting crushed in recent months, and are now set to open at fresh three-year lows after Deutsche Bank weighed in on the broader steel sector. The analyst note released this morning cited changes in the space due totrade tensions and weak prices, and in response X was downgraded t...Read More

China reportedly halted purchases of soy out of the U.S.U.S. stock futures are inching toward a positive open, with the Dow Jones Industrial Average (DJI) pointed higher, as traders digest the latest gross domestic product (GDP) estimate. The Commerce Department said the U.S. economy grew at a 3.1% pace in the first quarter, exceeding expectations. Bond yields are also on the rise, despite reports...Read More

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law, mines minister Richard Musukwa said on Thursday.Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes Konkola Copper Mines (KCM) business.Legal proceedings have been...Read More

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law, mines minister Richard Musukwa said on Thursday.Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes Konkola Copper Mines (KCM) business.Legal proceedings have been...Read More

Canadian resource companies are choosing to invest abroad at record levels, amid waning global interest in the nation's energy and mining assets.Statistics Canada reported Thursday that Canadian-based energy and mining companies invested a net C$15.5 billion ($11.5 billion) outside of the country in the first three months of 2019. The exodus of Canadian capital from the sector in the quarter was a...Read More

Shiny, pretty and useful in electronics, gold has been prized by humans for millennia, but we're not the only ones out there prospecting. Scientists from Australia's CSIRO have now foun...Read full newsRead More

Frank Giustra-backed Fiore Gold (TSXV: F) will invest $2 million on metallurgical test work and resource expansion drilling at its Gold Rock project in Nevada.In a press release, Fiore said that the work is aimed at supporting a Preliminary Economic Assessment targeted for the end of the year, which should lead to a construction decision by mid-2021.The company is planning approximately 10,000 met...Read More

Frank Giustra-backed Fiore Gold (TSXV: F) will invest $2 million on metallurgical test work and resource expansion drilling at its Gold Rock project in Nevada.In a press release, Fiore said that the work is aimed at supporting a Preliminary Economic Assessment targeted for the end of the year, which should lead to a construction decision by mid-2021.The company is planning approximately 10,000 met...Read More

Frank Giustra-backed Fiore Gold (TSXV: F) will invest $2 million on metallurgical test work and resource expansion drilling at its Gold Rock project in Nevada.In a press release, Fiore said that the work is aimed at supporting a Preliminary Economic Assessment targeted for the end of the year, which should lead to a construction decision by mid-2021.The company is planning approximately 10,000 met...Read More

AngloGold Ashanti (JSE:ANG) (NYSE:AU) paid Renaissance Gold (TSX.V:REN) $300,000 to maintain its 100% earn-in option on the Silicon project in Nevada.AngloGold already kicked off a planned 17,000-metre, Phase 2 drill program on the property with one RC and one core rig.If Anglo completes the payments and exercises the purchase option, RenGold would retain a 1% net smelter return royalty on future...Read More

AngloGold Ashanti (JSE:ANG) (NYSE:AU) paid Renaissance Gold (TSX.V:REN) $300,000 to maintain its 100% earn-in option on the Silicon project in Nevada.AngloGold already kicked off a planned 17,000-metre, Phase 2 drill program on the property with one RC and one core rig.If Anglo completes the payments and exercises the purchase option, RenGold would retain a 1% net smelter return royalty on future...Read More

Only the chirping of birds and insects break the silence at a gold mining site in the Eastern Region of Ghana, right at the foot of the Atewa forest reserve.Caterpillar excavators stand still, as the two Ghanaian companies operating them wait for a new mining permit a process that has been in the works for months.But a fresh pile of sludge spilt over a patch of vegetation suggests the mine is be...Read More

This episode features an in-depth interview with the man of the hour in the gold-mining industry: Mark Bristow, president and CEO of Barrick Gold since Jan. 1, 2019, when its merger with Bristow-led gold miner Randgold Resources took effect.This exclusive interview was recorded live as a "fireside chat" with senior staff writer Trish Saywell at The Northern Miner's Canadian Mining Symposium held a...Read More

China's president Xi Jinping had visited a rare earth processing plant last week, which was seen as leverage for trade talks given the country's dominance in supply.Chinese media reports yesterday then warned the US not to "underestimate China's ability to strike back", Reuters reported."The outcome of this has to be an increased focus outside China on rare earths production because while China ha...Read More