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

Following long months without a captain at the helm, the giant fashion jewelry company Pandora hopes to see the newly appointed President and CEO, Alexander Lacik steer the ship into more profitable lanes. But this week, the company announced that its Chief Operating Officer, Jeremy Schwartz, had announced his immediate resignation. The year 2018 was an awful year for Pandora.   The sto...Read More

On April 1, American Gemological Laboratories celebrated its tenth anniversary under Christopher Smith's management. When he stepped into the shoes of Cap Beasly in 2009, he had a team of six gemologists and a lab in dire need of new clients. "We are now a team of thirteen,' Smith said. "It is a matter of great pride to see the company growing, embracing a good value system and achieving more...Read More

Eurostar Diamond Traders, one of the largest diamond companies in Antwerp - and in the world - is bankrupt, the Dutch-language daily De Tijd reported. According to reports, the company has outstanding debts of more than $500 million. Founded in 1978, its principal, Kaushik Mehta, built Eurostar into a giant, global corporation. The company expanded worldwide, setting up offices in Botswana, China...Read More

I just got back from a week driving around Baja, Mexico with my wife and daughter, and we had a terrific time.You might think it's a little crazy to spend spring break taking a Jeep an hour off the nearest paved road just to find a secluded surf spot but it's par for the course in our family. Heck last year we were in El Salvador - a country that has one of the highest murder rates in the world -...Read More

Since closing the acquisition of its namesake high-grade copper-zinc project in northern British Columbia in December 2017, Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has completed a field season of data collection and drilling, and published a resource update.The company says it is on track to complete a feasibility study on Kutcho before the end of September, and, if everything goes according to pl...Read More

The World Federation of Diamond Bourses (WFDB) has welcomed overall the changes by the Gemological Institute of America (GIA) to its reports for lab-grown diamonds. The GIA said its reports will be changed to come into line with revisions to the U.S. Federal Trade Commission (FTC) Jewelry Guides announced last year. As reported earlier, of July 1, the GIA will discontinue the GIA Synthetic Diamon...Read More

LONDON – The UK’s financial regulator added a small diamond pricing firm to its roster of companies managing market benchmarks, opening the way to making the precious stones a more investable asset.The Financial Conduct Authority has authorized U2 Diamond Prices as a benchmark administrator, joining firms such as FTSE International and ICE Benchmark Administration The move will allow...Read More

Publisher's Note: An earlier version of this article implied that the Union of Concern Scientists supports the Nuclear Energy Leadership Act. It does not and we are sorry for the error.What could Bill Gates, many environmentalists, and President Trump all agree on?What kind of legislation could nine Republican senators and six Democratic senators all introduce together?In short, one of the most im...Read More

Desert Gold Ventures Inc. (TSXV:DAU, OTC:DAUGF, FKFT:QXR2.F) ("Desert Gold") and Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti") are pleased to announce that they have entered into a definitive combination agreement (the "Definitive Agreement") to which Desert Gold will acquire all of the issued and outstanding common shares of Ashanti (the "Ashanti Shares"), (the "Proposed Transaction").Read full newsRead More

It was a broad-based rally on Wall Street Stocks had a strong showing today, rallying out of the gate for a convincing start to the second quarter. Traders cheered signs of improving economic conditions in China and the U.S., with tech shares leading the S&P 500 and Nasdaq higher. Still, strength was seen across the board, as the financial sector, including Dow components JPMorgan Chase, Goldman S...Read More

Vancouver's Teck Resources and Japanese partner Sumitomo Metal Mining and Sumitomo Corp. have closed their $1.2-billion transaction giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.The Quebrada Blanca property is 240 km southeast of Iquique at an elevation of 4,400 metres.Teck received the final permit to go forward with a $4.7-billion expansion at the mine and mill in...Read More

Vancouver's Teck Resources and Japanese partner Sumitomo Metal Mining and Sumitomo Corp. have closed their $1.2-billion transaction giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.The Quebrada Blanca property is 240 km southeast of Iquique at an elevation of 4,400 metres.Teck received the final permit to go forward with a $4.7-billion expansion at the mine and mill in...Read More

Vancouver's Teck Resources and Japanese partner Sumitomo Metal Mining and Sumitomo Corp. have closed their $1.2-billion transaction giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.The Quebrada Blanca property is 240 km southeast of Iquique at an elevation of 4,400 metres.Teck received the final permit to go forward with a $4.7-billion expansion at the mine and mill in...Read More

A bearish signal just flashed amidst the gaming sector's Macau liftCasino stock Las Vegas Sands Corp. (NYSE:LVS) is higher, along with several sector peers, after Chinese gambling territory Macau reported well-received revenue data for March. As a result, the security is up 3.7% at $63.26 -- trading at a level not seen since early September. However, traders may not want to bet on LVS just yet. Th...Read More

BHP Group Ltd said on Tuesday initial estimates indicated its iron ore production would take a hit of about 6 million to 8 million tonnes after disruption and damage caused by tropical cyclone Veronica last week.The world's biggest miner said its 2019 financial year production and unit cost guidance are under review because of the cyclone which hit Western Australia.BHP's 2018 iron ore output came...Read More

The brokerage firm downgraded the shares to "hold"It's a rip-roaring start to the second quarter, with the stock market rallying on upbeat global manufacturing data. Among individual stocks making notable moves are online family care marketplace Care.com Inc (NYSE:CRCM), marketing analytics firm Comscore, Inc. (NASDAQ:SCOR), and pulmonary disease specialist Pulmatrix Inc (NASDAQ:PULM). Here's a qu...Read More

The security tends to struggle in April, tooThe shares of Puma Biotechnology Inc (NASDAQ:PBYI) are down 9.3% to trade at $35.29, one of the worst stocks on the Nasdaq today, after the company inked an exclusive licensing deal with Pierre Fabre to develop and commercialize its cancer treatment, Nerlynx, in the European Union. The shares are likely suffering because, as analysts at Guggenheim and...Read More

From its opening day highs of $88.60, LYFT has taken the elevator back down to below its IPO price of $72 on only its second day of trading...Read full newsRead More

Stocks broke above their short-term consolidation on Friday and they got close to the recent local high. The S&P 500 index was the highest since the early October more than a week ago. But then the market traded within a consolidation. Will the uptrend resume today?Briefly:Intraday trade: The S&P 500 gained 0.7% on Friday, after opening 0.5% higher. The market will probably open higher aga...Read More

U.S. stocks rose, tracking a global rally as better-than-expected manufacturing data out of China helped assuage worries of a broad economic slowdown.Read full newsRead More