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

Opening Remarks: Anthony Vaccaro, Group Publisher, The Northern Miner GroupModerator: Andrew Cheatle, Senior VP, Africa, Forbes & Manhattan Resources Panelists: Honourable Sandy Silver, Premier of Yukon, Member of the Legislative Assembly - Klondike; Graham Downs, President and CEO, ATAC Resources; Brandon Macdonald, President and CEO, Fireweed Zinc; John McConnell, President and CEO, Victoria Gol...Read More

Moderator: Frik Els, Executive Editor, MINING.comPanelists: Chad Norman Day, President, Tahltan Central Government; Steve Burleton, President and CEO, GT Gold; Dave Nikolejsin, Deputy Minister, Province of British Columbia, Ministry of Energy, Mines and Petroleum Resources; and Walter Coles Jr., President and CEO, Skeena ResourcesRead More

Tech stocks enjoyed a big rebound today The Dow enjoyed a reboundtoday, with the index ending on a roughly 200-point gain, sparked in large part by the U.S.'s decision to temporarily ease restrictions on China's Huawei. The tech-rich Nasdaq finished higher as well, as the Huawei news helped boost chip stocks. Elsewhere, blue-chip concern Boeing (BA) helped boost the Dow amid reports that a bird st...Read More

The FDA approved Sesen's request to move manufacturing for its bladder cancer drugU.S. markets are moving higher today, tech recovering from yesterday's sell-off. Three pharmaceutical namesalso making notable moves this afternoon are Array Biopharma Inc (NASDAQ:ARRY), Sesen Bio Inc (NASDAQ:SESN), and Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR). Below, we will dive into what is moving the shares...Read More

The firm took a 12% stake in the companyUSA Technologies, Inc. (NASDAQ:USAT) stock is trading up 13% at $6.67, after hedge fund Hudson Executive Capital reported a 12% stake in the vending services provider, calling it an "attractive investment." In response, USAT options volume is soaring.By the numbers, more than 1,600 calls have traded, well above the daily average, and puts are crossing at 13...Read More

KR stock is set to snap its longest losing streak since DecemberBernstein upgraded Kroger Co (NYSE:KR) to "outperform" from "market perform," and boosted its price target to $33 -- a more than 37% premium to last night's close. The brokerage firm said Wall Street is not pricing in "KR's capacity to survive the short term and positioning for the long term," and it considers the grocery chain "a ser...Read More

Hudbay Minerals Inc. is preparing a sale of a stake in one of the largest copper mines under development in the U.S. as an investor pushes the company to review its portfolio, people familiar with the matter said.The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project and is planning to kick off a process in the coming months...Read More

Hudbay Minerals Inc. is preparing a sale of a stake in one of the largest copper mines under development in the U.S. as an investor pushes the company to review its portfolio, people familiar with the matter said.The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project and is planning to kick off a process in the coming months...Read More

Glencore Plc will supply cobalt feedstock to restart First Cobalt Corp's refinery in Canada, the companies said in a statement on Tuesday.Glencore's unit plans to provide feedstock for the refinery, which is expected to result in an annual production of about 2,000 to 2,500 tonnes per annum of cobalt in sulfate from the refinery.The First Cobalt refinery in Ontario, 600 km from the U.S. border, ha...Read More

Calls have been popular on the cannabis name in recent weeksCall volume is running hot on Aurora Cannabis Inc (NYSE:ACB) this afternoon, as the weed stock trades up 2.2% at $8.68 -- aiming for its first win in three sessions. At last check, nearly 29,000 ACB call options were on the tape, 1.5 times what's typically seen at this point and 11 times the number of puts traded. Most active by a mile is...Read More

The stock could move tomorrow, too, after earningsThe shares of Stein Mart, Inc. (NASDAQ:SMRT) are popping today, after the discount retailer said it's installing Amazon Hub Lockers in almost 200 stores. The lockers -- used for in-store pickups and returns -- will be available early next month, and consumers can have items shipped to a Stein Mart store for no charge. In light of the FAANG partners...Read More

Blackrock Gold Corp. (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (Read full newsRead More

Today's bounce could be just the beginning, if history is any indicatorIt's been a rough month for chip stocks, as trade tensions between the U.S. and China ratchet back up. While the sector is getting a respite today on the latest Huawei-related news, one battered semiconductor concern could be ripe for an even bigger rebound: Xilinx, Inc. (NASDAQ:XLNX). Below, we take a look at XLNX stock and ex...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the completion of the integration of its Mesh API intelligent content distribution platform with Shopify.Venzee's channel partners can now connect their clients directly to Shopify through Venzee Mesh API to automate the distribution of complete, accurate, and consumer-relevant product at...Read More

IWM outperforms in June, but QQQ is flawless in July over the last decadeAmong the major U.S. equity-based exchange-traded funds (ETFs), 2019 has largely been a battle for dominance between small-caps and tech. In January, small-caps jumped out to a big lead, as the iShares Russell 2000 ETF (IWM) began racking up outsized gains relative to the benchmark SPDR S&P 500 ETF (SPY). That small-cap domin...Read More

The healthcare sector is also doing well todayU.S. stocks are pushing higher today thanks to the more lenient stance taken against Huawei by the Trump administration. The Dow is trading well into triple-digit territory, and gains from the tech and healthcare sectors are helping the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) rise, as well. On the data front, traders were greeted with another d...Read More

The brokerage firm thinks the retailer can rally another 26%Deckers Outdoor Corp (NYSE:DECK) is trading up 3.6% at $144.20, after BofA-Merrill Lynch upgraded the retail stock to "buy" from "neutral," and boosted its price target by $30 to a Street-high $180. Not only is this new target price a 26% premium to last night's close, but it's the highest on Wall Street. The brokerage firm said, "Despite...Read More

Jason Albritton, who works for green group The Nature Conservancy, says he is all for technology to suck carbon dioxide (CO2), the main cause of climate change, out of the air.Stephen Johnson, president of Illinois Clean Fuels, a start-up that will produce jet fuel from municipal garbage, is also a fan of the nascent technique known as carbon capture and storage (CCS). He plans to turn a profit pu...Read More

De Beers's diamond sales plunged to the lowest since 2017 in the company's latest offering, underlining a slump in the industry worldwide.Sales by the Anglo American Plc unit dropped 25% from a year ago to $415 million, and were down 29% from an offering last month. It's often a quieter time of the year because the industry has already restocked after the key holiday period, but total sales so far...Read More

De Beers's diamond sales plunged to the lowest since 2017 in the company's latest offering, underlining a slump in the industry worldwide.Sales by the Anglo American Plc unit dropped 25% from a year ago to $415 million, and were down 29% from an offering last month. It's often a quieter time of the year because the industry has already restocked after the key holiday period, but total sales so far...Read More