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

Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals, the deputy mines minister said on Wednesday, part of efforts to lift output in a sector vital to the country's economic revival.Zimbabwe sits on the second-largest known platinum deposits after neighbouring South Africa and President Emmerson Mnangagwa is keen to revive mining after years of reticence by for...Read More

The marijuana company will expand its Alberta facility by more than initially plannedCanadian marijuana concern Aurora Cannabis Inc (NYSE:ACB) just announced that is will be expanding its Aurora Sun production facility in Alberta by 33% more than initially planned, in order to meet the ever-growing global demand for medical-grade marijuana. The shares of ACB are inching higher in response, up 1% a...Read More

Cowen likes AMD's positioning versus rival IntelXilinx, Inc. (NASDAQ:XLNX) has been a notable outperformer in recent months, outpacing the S&P 500 Index (SPX) by almost 28 percentage points over the past 60 sessions. In fact, Schaeffer's Quantitative Analyst Chris Prybal just pointed out that XLNX has seen the largest increase in market cap since September among all companies valued under $40 bill...Read More

UAA is nearing a historically bullish trendlineAthletic retailer Under Armour Inc (NYSE:UAA) is moving higher in this morning's trading. Its new-found surge comes just after Citigroup upgraded to "buy" from "neutral" and hiked its price target to $29 from $23. The firm said UAA holds a "renewed focus" for profit growth, and has adapted to the "changing athletic landscape." In response, UAA is up...Read More

A short squeeze could be fueling the solar stock's rallyAbout a month ago, Goldman Sachs waxed optimistically over large-cap solar stocks. Today, the brokerage firm upped the ante, adding First Solar, Inc. (NASDAQ:FSLR) to its "Americas Conviction List," while reiterating its "buy" rating, and raising its price target to $75 from $64. The analyst in coverage glowed about the company's strong U.S...Read More

Nearly 2,000 Zambian villagers have the right to sue mining company Vedanta in the English courts, London's Supreme Court said on Wednesday, raising the prospect other companies could face legal action in England related to their activities abroad.India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, appealed a lower-court ruling that a case in which vil...Read More

Nearly 2,000 Zambian villagers have the right to sue mining company Vedanta in the English courts, London's Supreme Court said on Wednesday, raising the prospect other companies could face legal action in England related to their activities abroad.India-listed Vedanta, which delisted from London last year but maintains a legal base in Britain, appealed a lower-court ruling that a case in which vil...Read More

Benchmark Metals Inc. (TSXV: BNCH)'s stock jumped at the open after the company released additional assay results from its Lawyer's gold and silver project. Investor reaction to these results was felt early, pushing Benchmark shares up over 10% for a market capitalization of over $8 million.The Lawyer's project is located in the Toodoggone Mineral District, on the eastern extent of the Stikine Ter...Read More

Benchmark Metals Inc. (TSXV: BNCH)'s stock jumped at the open after the company released additional assay results from its Lawyer's gold and silver project. Investor reaction to these results was felt early, pushing Benchmark shares up over 10% for a market capitalization of over $8 million.The Lawyer's project is located in the Toodoggone Mineral District, on the eastern extent of the Stikine Ter...Read More

Azerbaijan's leading gold mining company, Anglo Asian Mining, said on Wednesday its gold output rose five percent in the first quarter of 2019 to 17,245 ounces.London-listed Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the Azeri state in which the company holds 51 percent.The company said its total production of gold-equivalent ounces (GEO), which includes oth...Read More

Azerbaijan's leading gold mining company, Anglo Asian Mining, said on Wednesday its gold output rose five percent in the first quarter of 2019 to 17,245 ounces.London-listed Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the Azeri state in which the company holds 51 percent.The company said its total production of gold-equivalent ounces (GEO), which includes oth...Read More

Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday its board has rejected a A$1.5bn (about $1.1B) takeover proposal from Australian retail and industrial conglomerate Wesfarmers.Lynas, one of the world's main suppliers of rare earths outside China, said the offer undervalued the company's "intellectual property." The miner also said it could deliver better shareholder value in its c...Read More

The CPI rose more than expected last monthDow Jones Industrial Average (DJI) futures are trading modestly above fair value ahead of a busy day on Wall Street. Inflation data has already been released, with the consumer price index (CPI) rising 0.4% in March -- the biggest jump since January 2018.Congressional testimony from several big bank bosses, including JPMorgan Chase (JPM) CEO Jamie Dimon an...Read More

Canada's First Vanadium (TSX-V: FVAN) has published indicated mineral resources for its Nevada-based Carlin project, considered the largest, highest grade primary vanadium deposit in North America.The company, which in March more than doubled the size of the vanadium property from 1,331 acres to 3,177 acres, said Carlin's maiden resource has far exceeded expectations and will provide a base for a...Read More

Carube Copper (TSXV: CUC) announced this week that it acquired a 100% interest in 300 mineral claims covering the Stewart Brook gold project area in Guysborough County, Nova Scotia.The claims were acquired through staking directly from the government, cover 46 square kilometers and are located along strike of Atlantic Gold's Cochrane Hill deposit. Three historical gold districts are within 5 kilom...Read More

Carube Copper (TSXV: CUC) announced this week that it acquired a 100% interest in 300 mineral claims covering the Stewart Brook gold project area in Guysborough County, Nova Scotia.The claims were acquired through staking directly from the government, cover 46 square kilometers and are located along strike of Atlantic Gold's Cochrane Hill deposit. Three historical gold districts are within 5 kilom...Read More

Carube Copper (TSXV: CUC) announced this week that it acquired a 100% interest in 300 mineral claims covering the Stewart Brook gold project area in Guysborough County, Nova Scotia.The claims were acquired through staking directly from the government, cover 46 square kilometers and are located along strike of Atlantic Gold's Cochrane Hill deposit. Three historical gold districts are within 5 kilom...Read More

"The copper and silver mineralization is in sandstone and shale, and is especially concentrated where these rocks contain layers of carbon in the form of fossilized plant fragments"Aurania Resources (TSXV: ARU) reported finding high-grade copper and silver over an area measuring six kilometres by three kilometres in the Kirus target area of the Lost Cities - Cutucu project in southeastern Ecuador....Read More

"The copper and silver mineralization is in sandstone and shale, and is especially concentrated where these rocks contain layers of carbon in the form of fossilized plant fragments"Aurania Resources (TSXV: ARU) reported finding high-grade copper and silver over an area measuring six kilometres by three kilometres in the Kirus target area of the Lost Cities - Cutucu project in southeastern Ecuador....Read More

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