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

Imperial Metals' (TSX:III) stock rocketed 62% last week over a two-day period on the news that Australia's Newcrest Mining (ASX:NCM) is taking a $1.1 billion stake in the company's Red Chris copper-gold mine - a price that has shocked investors and observers.The copper-gold mining company's stock shot from C$1.98 per share on March 8 to $3.20 per share on March 11. On Wednesday it was trading at $...Read More

How the index performs after these closely watched technical signalsJust three short months ago, Wall Street was talking about the major market indexes forming a "death cross." This week, however, the Dow Jones Industrial Average (DJI) just saw its 50-day and 200-day moving averages make a "golden cross," typically seen as a bullish sign of things to come. As such, we decided to take a look at how...Read More

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Continental Gold (TSX: CNL) has announced a discrete resource estimate for the Broad Mineralized Zone 1 (BMZ1) in the central-west portion of the Yaragua system at its Buritica gold project in Antioquia, Colombia.The zone contains 828,870 measured and indicated tonnes grading 14.15 grams gold per tonne and 22.9 grams silver for 377,000 oz. gold and 611,000 oz. silver. It also contains 141,150 infe...Read More

Continental Gold (TSX: CNL) has announced a discrete resource estimate for the Broad Mineralized Zone 1 (BMZ1) in the central-west portion of the Yaragua system at its Buritica gold project in Antioquia, Colombia.The zone contains 828,870 measured and indicated tonnes grading 14.15 grams gold per tonne and 22.9 grams silver for 377,000 oz. gold and 611,000 oz. silver. It also contains 141,150 infe...Read More

is pleased to announce that the final drill holes in the winter drilling campaign have intersected intervals of strong radioactivity associated with pitchblende uranium mineralization at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium on the Company's 100% owned Larocque East Property in the eastern Athabasca basin region of Saskatchewan (Figure 1), home to the worl...Read More

The stock just pulled back to a key trendline amid the 737 MAX 8 scandalSeveral airlines have felt the heat after the recent Boeing (BA) 737 MAX 8 crash and subsequent global grounding, including United Airlines parent United Continental Holdings Inc (NASDAQ:UAL). The equity has slipped roughly 12% off its year-to-date peak of $90.93, touched on Feb. 26, trading today at $80.26. The drop, however,...Read More

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The Fed's next policy decision will come out in a few hoursU.S. stocks are trading modestly lower ahead of this afternoon's Fed decision. The Dow Jones Industrial Average (DJI), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are all in the red, with the latter index dragged down by a poor earnings reaction for FedEx (FDX). On top of a 2:30 p.m. ET press conference from Fed Chair Jerome Powell, w...Read More

Bayer AG shares are down over 12% in European trading - the biggest drop since 2003 - after a U.S. jury found the RoundUp weed killer was a substantial factor in a California man's cancer...Read full newsRead More

Both DLTR and DG options are attractively priced at the momentEvercore ISI has had a busy morning weighing in on the retail sector. The brokerage firm initiated coverage on Dollar Tree, Inc. (NASDAQ:DLTR) with an "in-line" rating and $105 price target. In addition, Telsey Advisory Group upgraded DLTR to "outperform" from "market perform," while boosting its price target to $117 from $103, followi...Read More

Another brokerage firm is concerned about BBBY marginsEvercore ISI initiated coverage on Bed Bath & Beyond Inc. (NASDAQ:BBBY) with an "underperform" rating and $12 price target -- a discount to last night's close at $13.97. The brokerage firm expressed concern over falling margins and same-store sales, as well as increasing competition from online and discount retailers -- notably, Amazon.com (AMZ...Read More

Goldman Sachs details why it's growing more bearish on MNST and LUVEquity analysts at Goldman Sachs this morning lowered their outlooks on the shares of energy drink giant Monster Beverage Corp (NASDAQ:MNST) and travel concern Southwest Airlines Co (NYSE:LUV). The bear notes have both MNST and LUV stocks trading in the red early on today. Looking closer at MNST, Goldman downgraded its opinion to...Read More

The FDA approved SAGE's postpartum depression drug ZulressoThe shares of SAGE Therapeutics Inc (NASDAQ:SAGE) are up 2% at $159.20, after its postpartum depression (PPD) drug, Zulresso, was approved by the Food and Drug Administration (FDA). Some experts' negative comments could be paring back further gains, including Leerink analyst Marc Goodman, who called the new treatment a "niche product" and...Read More

SK Innovation Co., a supplier to automakers including Volkswagen AG, is aiming to break even on its electric-vehicle battery business by 2021, when it expects to reach mass production rates at plants being built now.The South Korean company, which earns money today from its core oil-refining and petrochemical operations, expects to ramp up EV battery-cell capacity from about 5 gigawatt hours now t...Read More

Oil prices are trading lower in pre-market actionDow Jones Industrial Average (DJI) futures are trading cautiously above fair value ahead of the final day of the Fed meeting. While next to no one is expecting an interest rate hike, investors are still keen to hear economic projections from Fed Chair Jerome Powell at a 2:30 p.m. ET press conference. U.S.-China trade talks remain in focus, too, esp...Read More

A new ?165 million (about $218 million) coal mine, Woodhouse Colliery, has been unanimously approved by councillors in the county of Cumbria, in northwest England. The mine promises hundreds of jobs, but also protests by environmental activists.West Cumbria Mining plans to open the country's first new deep coal mine next to the site of the former Hag colliery in Whitehaven, which closed down t...Read More

Gas and iron ore operations on Australia's west coast are bracing for an approaching cyclone just as a severe storm in the nation's northeast dumps heavy rain on Rio Tinto Group's biggest bauxite mine.Tropical cyclone Veronica is 545 kilometers (339 miles) north of Port Hedland, a key export point for Western Australia's iron ore shipments. The storm is forecast to intensify as it moves closer to...Read More

Zinc prices climbed to $2,845 a tonne on Wednesday after data showed LME warehouses now hold little over 58,000 tonnes of the metal; less than two days' worth of global consumption.Inventories are down 55% this year and are on course to arrive at levels last seen in 1990. Zinc stocks peaked in 2012 at the height of the commodities boom, reaching 1.2 million tonnes.Inventories held by the Shanghai...Read More

Energy and resources open innovation platform Unearthed joined forces with Adelaide-based OZ Minerals to launch the Explorer Challenge, a competition that brings together data scientists, geoscientists and mining professionals to create machine learning-based mining solutions.Competitors who achieve the goal of predicting the next big mineral deposit in South Australia using real geoscientific dat...Read More