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

LITE joins a myriad of chip stocks in the red todayLumentum Holdings Inc (NYSE:LITE) is one of manytech stocks in the red this morning, as headwinds from Huawei Technologies take over mere days after President Donald Trump banned U.S. companies from supplying components to the China telecom concern. Specifically, Lumentum announced that it's halting shipments to Huawei, which accounted for 18% o...Read More

ZM stock began trading on the Nasdaq on April 18William Blair initiated coverage on Zoom Video Communications Inc (NASDAQ:ZM) with an "outperform" rating, citing "compelling growth drivers," including "industry-leading revenue growth rates." The brokerage firm joined four others in its bullish outlook on the new Wall Street stock, while six others currently maintain tepid "hold" ratings.The San Jo...Read More

A New York Times report accused the bank of not reporting suspicious activity from the U.S. President and his son-in-lawThe German financial concern Deutsche Bank AG (NYSE:DB) is pacing for its fourth day in the red today after a New York Times report accusing the bank of failing to report suspicious transactions between U.S. President Donald Trump and his son-in-law Jared Kushner. Mr. Trump and D...Read More

Target will report earnings on Wednesday, May 22, before the openSeveral retail names step into the earnings confessional this week, including Target Corporation (NYSE:TGT), set to report on Wednesday, May 22, before the open. Ahead of the event, Morgan Stanley upped its rating on Target to "equal-weight" from "underweight," the analyst seeing the company's margin risk as already priced into its v...Read More

Tanzania's mining minister said on Monday Acacia Mining had been fined 5.6 billion Tanzanian shillings ($2.4 million) for alleged pollution at its North Mara mine.Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.It was forced to cut output by a third after the government banned the export of mineral concentrates from its two other mines, Bulyanhulu a...Read More

Tanzania's mining minister said on Monday Acacia Mining had been fined 5.6 billion Tanzanian shillings ($2.4 million) for alleged pollution at its North Mara mine.Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.It was forced to cut output by a third after the government banned the export of mineral concentrates from its two other mines, Bulyanhulu a...Read More

Most Wall Street analysts are bullish on GOOS sharesLuxury retailer Canada Goose Holdings Inc (NYSE:GOOS) received new coverage on Wall Street this morning, with HSBC setting a "buy" rating and $62 price target. The analyst note discussed the possibility for strong growth over the next three years, given the company's store count and potential expansion outside North America. However, the firm did...Read More

Here's a sign of how all-dominating the trade war has become in metals markets: Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.The lack of a reaction is even more surprising when compared with other market moves. Zambia's Eurobond yields surged to a record high and the currency hit a 3 1/2-year low.Zambian President Edgar Lungu is esca...Read More

Here's a sign of how all-dominating the trade war has become in metals markets: Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.The lack of a reaction is even more surprising when compared with other market moves. Zambia's Eurobond yields surged to a record high and the currency hit a 3 1/2-year low.Zambian President Edgar Lungu is esca...Read More

Nasdaq futures are pointing to a rough day for tech stocks Futures on the Dow Jones Industrial Average (DJI) are pointed toward a negative open, as Alphabet (GOOGL) and other tech giants have begun taking steps to cut ties with China's Huawei Technologies, only days after President Donald Trump banned U.S. companies from supplying components to the telecommunications name. Several chipmakers with...Read More

After the recent bout of volatility, a risk-off environment seems to be taking shapeMarkets continued to be headline-driven and pressured by the ongoing "trade war" with China this past week. The S&P 500 Index (SPX - 2,859.53) opened sharply lower to begin the week and traded down to the round 2,800 support level -- briefly eclipsing a garden-variety 5% pullback from the all-time high we put in on...Read More

By day, Peruvian police and soldiers search for and destroy equipment used by illegal gold miners in a part of the Amazon rainforest where mining has transformed once-dense foliage into a desert pocked with dead trees and toxic pools. As night falls, they play cards and soccer, call family from their remote outpost or have a medic pluck burrowing parasites from their feet.Read full newsRead More

McEwen Mining Inc. (MUX) (MUX.TO) provides an update on the fatal accident involving a contractor's employee that occurred on Monday, May 13, 2019 at the Gold Bar Mine in Nevada.The formal investigation by local authorities is not complete, but preliminary analysis by McEwen Mining suggests thatRead full newsRead More

Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") is pleased to announce that it will begin to take reservations to toll process hemp or cannabis with the "BIG BEAST", a fully automated, touch screen control continuous flow Ethanol Extractor System. The "BIG BEAST is the latest addition to the BEAST family of extractors, with estimated processing capacity of up...Read More

There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.Mining streaming and royalty companies offer a number of benefits to investors that differ significantly from more traditional mining co's.Before we get into the speci...Read More

There are many different methods for investing in gold, as we have outlined previously.Gold streaming and royalty companies are a unique investment. They offer a distinct set of advantages and disadvantages in their exposure to gold.First, it should be noted that there is a difference between streaming and royalty stocks, but their underlying exposure to gold is similar.Before we get into the spec...Read More

The backing is at Anson's discretion, and involves Long State paying a placement amount of up to $250,000 in any period of 20 trading days (and up to $1.Read More

Russia's major diamond mining firms including Alrosa have urged India to amend consumer laws on synthetic diamonds so that there is clarity on the quantity of synthetic diamonds entering the country and how they are being used, Indiass Economic Times: reported. Industry executives said that around 5 million carats of synthetic diamonds are produced globally, and the volume is increasing, cau...Read More

The Responsible Jewellery Council (RJC) held its first - virtual - annual general meeting (AGM) this week, appointing a series of new board members. The event was broadcasted to all RJC member companies globally from Chatham House in London on Tuesday 14 May 2019. During the meeting, RJC Chair David Bouffard announced a series of appointments to the RJC board of directors and its standards, assura...Read More

The Zimbabwean news website Bulawayo24 reported that National Patriotic Front Spokesperson Jealousy Mawarire had heard that the Chinese authorities has refused to honor a $5 billion loan that was requested by President Emmerson Mnangagwa. He noted that China argued it had only pledged to honor the loan agreements made during the tenure of former President Robert Mugabe, adding that that China is s...Read More