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

SAO PAULO - Vale SA said on Tuesday a London arbitration court had ordered BSG Resources Limited to pay the iron ore miner $1.246 billion related to a dispute between the companies over a joint venture in Guinea.The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government.(Reporting by Marcelo Teixeira, Editing by Ros...Read More

Indian state copper miner Hindustan Copper is in the initial stages of an $800 million expansion program, Resources Monitor reported Tuesday.Currently, Hindustan produces around 40,000 tonnes of copper per year, but the company plans to increase production to around 200,000 tonnes by 2025.Construction is underway at a major new underground mine in the state of Madhya Pradesh, according to Resource...Read More

Indian state copper miner Hindustan Copper is in the initial stages of an $800 million expansion program, Resources Monitor reported Tuesday.Currently, Hindustan produces around 40,000 tonnes of copper per year, but the company plans to increase production to around 200,000 tonnes by 2025.Construction is underway at a major new underground mine in the state of Madhya Pradesh, according to Resource...Read More

Indian state copper miner Hindustan Copper is in the initial stages of an $800 million expansion program, Resources Monitor reported Tuesday.Currently, Hindustan produces around 40,000 tonnes of copper per year, but the company plans to increase production to around 200,000 tonnes by 2025.Construction is underway at a major new underground mine in the state of Madhya Pradesh, according to Resource...Read More

There's also unusual options activity on GWPH and MRVLGrubHub Inc (NYSE:GRUB) put options are trading at six times the normal rate today, with more than 12,000 contracts on the tape. A bulk of this volume occurred at the May 80 put, where Trade-Alert is highlighting an $11 million transaction that is betting on GRUB shares to fall further below $80 in the weeks ahead, though this activity may be t...Read More

DAL has had a volatile run on the chartsOne of the handful of airliners in focus this week is Delta Air Lines, Inc. (NYSE:DAL). Slated to reported first-quarter earnings before the market opens tomorrow, April 10, the airline giant is one of the many suffering on the back of Boeing's (BA) production halt. Below we will dive into what the options market is pricing in for the shares' post-earnings...Read More

Speculators may be liquidating positions on one sinking steel stockThe U.S. stock market is selling off today, with Wall Street spooked by escalating trade tensions between the U.S. and the European Union (EU). Among individual names making notable moves are 3D imaging specialist FARO Technologies, Inc. (NASDAQ:FARO), automation systems name HollySys Automation Technologies Ltd (NASDAQ:HOLI), and...Read More

NBEV was overbought heading into todayFresh off its best day of 2019 thanks to a big Walmart partnership, New Age Beverages Corp (NASDAQ:NBEV) stock has been unable to extend those gains today, down 9.6% to trade at $5.96, at last check. Although the catalyst for the pullback is unknown, options traders are swarming for the second straight day.More specifically, 50,000 NBEV options have changed...Read More

With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years following the start of production at its Lindi jumbo graphite project in southeastern Tanzania. By Tuesday afternoon, the company's shares had climbed over 8% on the ASX.Under an agreement announced that morning, Walkab...Read More

With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years following the start of production at its Lindi jumbo graphite project in southeastern Tanzania. By Tuesday afternoon, the company's shares had climbed over 8% on the ASX.Under an agreement announced that morning, Walkab...Read More

The drink stock tends to outperform in the April-July periodBeverage giant PepsiCo, Inc. (NASDAQ:PEP) touched a record high of $123.19 on March 27, barreling through former resistance in the $120-$122 neighborhood. Since then, that area - also home to a 10% year-to-date gain -- has switched roles to provide support, and PEP's recent pullback from all-time peaks presents an opportunity to get in on...Read More

Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Chile and among the world ?s largest. Last year the mine produced 560,000 tonnes of copper, placing it among Chile ?s top three producing mines. "This ye...Read More

Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.Collahuasi, majority owned by Anglo American and Glencore, is a copper mine located in northern Chile and among the world ?s largest. Last year the mine produced 560,000 tonnes of copper, placing it among Chile ?s top three producing mines. "This ye...Read More

Great Panther Mining (TSX:GPR; NYSE:GPL) (Read full newsRead More

Boeing continues to be the worst Dow stockThe Dow Jones Industrial Average (DJI) is down triple digits, as Boeing's (BA) 737 MAX jet troubles continue. Elsewhere, tariff threats between the European Union (EU) and the U.S. are keeping traders on the sideline, as is another downwardly revised global growth forecast from the International Monetary Fund (IMF). Against this backdrop, the S&P 500 I...Read More

The recent jump in platinum-group metals prices is boosting miners' profits, but that doesn't mean they are likely to increase supply anytime soon, according to the world's No. 1 producer.Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa. The so-called rand basket price for the industry has increased by 20 to 25 p...Read More

Options traders are betting on more upside for the sharesThe shares of Apple Inc. (NASDAQ:AAPL) are higher yet again today, with help from a price-target boost to $225 from $215 at Wedbush. The stock is now pacing for a 10th consecutive day in the black, and its second straight close above $200 -- a feat not accomplished since November. The last time the FAANG stock closed lower was on March 26 --...Read More

Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings. We are not going to change the policy; we think it has served...Read More

Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings. We are not going to change the policy; we think it has served...Read More

Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the...Read More