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

South African environmental groups have challenged the government's decision to grant permission for a water project which aims to supply developments for its future coal reserves.Authorizing a part of the Mokolo Crocodile (West) Water Augmentation Project, which would pump water to the coal-rich Waterberg region, is unlawful because the development "must be socially, environmentally and economica...Read More

Most analysts remains wary, thoughThe shares of JD.com Inc (NASDAQ:JD) are up 2.4% to trade at $30.60 this morning, after J.P. Morgan Securities raised its rating to "overweight" from "neutral." The brokerage firm also upped its price target to $38 from $30, while noting several positive catalysts for JD stock, including improving demand, new product launches, and Chinese government stimulus plan...Read More

The company is expected to report quarterly figures this weekEvelo Biosciences Inc (NASDAQ:EVLO) will report quarterly earnings on Thursday, May 2. Ahead of the event, analysts at Jefferies initiated coverage of the biotech stock with a "buy" rating and $18 price target -- more than double EVLO's closing price of $8.44 yesterday. Due to Evelo's "strong platform and promising data to date," the bro...Read More

One of Cuba's biggest foreign investors isn't fazed by President Donald Trump's push to make doing business in the communist-run Caribbean nation more difficult.David Pathe said Sherritt International Corp. has deep roots on the island, and the chief executive officer is hopeful renewed oil exploration efforts will help buoy the Canadian mining and energy company's battered share price.The claim a...Read More

An environmental group has filed a complaint to U.S. and Canadian securities regulators alleging that Northern Dynasty Minerals Ltd. misled investors about its controversial Pebble mining project in Alaska.Northern Dynasty - whose plan to develop a copper and gold mine near Bristol Bay faces staunch environmental opposition - issued incomplete and misleading information in an attempt to drum up ca...Read More

An environmental group has filed a complaint to U.S. and Canadian securities regulators alleging that Northern Dynasty Minerals Ltd. misled investors about its controversial Pebble mining project in Alaska.Northern Dynasty - whose plan to develop a copper and gold mine near Bristol Bay faces staunch environmental opposition - issued incomplete and misleading information in an attempt to drum up ca...Read More

An environmental group has filed a complaint to U.S. and Canadian securities regulators alleging that Northern Dynasty Minerals Ltd. misled investors about its controversial Pebble mining project in Alaska.Northern Dynasty - whose plan to develop a copper and gold mine near Bristol Bay faces staunch environmental opposition - issued incomplete and misleading information in an attempt to drum up ca...Read More

California was one of the pillars of American energy security. That, however, has changed due to declining production. Since its peak in 1985, production has plunged almost 60 percent to 460,000 barrels per day...Read full newsRead More

The London Bullion Market Association (LBMA) said Societe Generale had resigned as a market maker for gold and silver, as France's third-largest bank pushes ahead with a downsizing of its commodities business.SocGen said this month it would cut 1,600 jobs to boost profits after poor performance last year and exit over-the-counter commodities trading.SocGen declined to comment on its resignation.In...Read More

Glencore Plc cut its full-year copper-output goal by about 3% and lowered production targets for other commodities from nickel to oil, as the world's biggest metal trader deals with multiple problems across its operations. The shares fell.There was no mention of changes to the company's marketing-profits guidance, which it often updates in production reports.Key insightsGlencore's disappointing ou...Read More

Glencore Plc cut its full-year copper-output goal by about 3% and lowered production targets for other commodities from nickel to oil, as the world's biggest metal trader deals with multiple problems across its operations. The shares fell.There was no mention of changes to the company's marketing-profits guidance, which it often updates in production reports.Key insightsGlencore's disappointing ou...Read More

Earnings out of Dow components have been strongDow Jones Industrial Average (DJI) futures are pointing to a positive open this morning ahead of a huge day of earnings on Wall Street. Strong quarterly reports from blue chips McDonald's (MCD), Merck (MRK), and Pfizer (PFE) are getting the ball rolling for the 30-stock index, while former Dow component General Electric (GE) is also set to soar after...Read More

Africa-focused Alphamin Resources (TSX-V: AFM) has begun commissioning its Bisie tin mine in North Kivu, a remote province in the eastern region of the Democratic Republic of Congo (DRC).The Mauritius-based miner kicked off construction at Bisie, considered one of the world's highest-grade known tin deposits, in 2017. At the time, an updated feasibility study projected that the mine could produce...Read More

As Tokyo traders go on holiday, EWJ just rallied into a potentially formidable layer of chart resistanceJapanese stocks were a remarkably hot commodity among investors last week, according to the latest fund flows data (via Bank of America-Merrill Lynch). BAML reports inflows of $5.4 billion into Japanese equity funds during the week ended April 24, yielding their biggest one-week take since March...Read More

Analysts estimate the company will report a $0.06 loss per share, but that doesn't mean it can't glimmer in other ways.Read full newsRead More

A bitter battle for control of Canada's Guyana Goldfields (TSX: GUY) between the miner and dissent shareholders led by founder and ousted chairman, Patrick Sheridan, has been finally settled this week, costing the company's head his job.As part of the agreement, the Toronto-based miner is appointing two new independent directors to the board - Alan Pangbourne and Allen Palmiere - with other two...Read More

A bitter battle for control of Canada's Guyana Goldfields (TSX: GUY) between the miner and dissent shareholders led by founder and ousted chairman, Patrick Sheridan, has been finally settled this week, costing the company's head his job.As part of the agreement, the Toronto-based miner is appointing two new independent directors to the board - Alan Pangbourne and Allen Palmiere - with other two...Read More

Tower Resources (TSXV: TWR) announced this week that its team of geologists started an exploration program on the Nechako property, located in the western Canadian province of British Columbia.In a press release, Tower said the campaign will begin with infill reverse circulation or RC drilling at the head of the Nechako dispersal train.In the current RC drilling program, six to eight infill holes...Read More

Tower Resources (TSXV: TWR) announced this week that its team of geologists started an exploration program on the Nechako property, located in the western Canadian province of British Columbia.In a press release, Tower said the campaign will begin with infill reverse circulation or RC drilling at the head of the Nechako dispersal train.In the current RC drilling program, six to eight infill holes...Read More

Tower Resources (TSXV: TWR) announced this week that its team of geologists started an exploration program on the Nechako property, located in the western Canadian province of British Columbia.In a press release, Tower said the campaign will begin with infill reverse circulation or RC drilling at the head of the Nechako dispersal train.In the current RC drilling program, six to eight infill holes...Read More