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

This is shaping up to be the worst day in roughly a decade for EA and TTWOVideo game stocks are getting trounced this morning, after two industry giants faltered in the earnings confessional. First, there's Take-Two Interactive Software, Inc. (NASDAQ: TTWO), down 13.4% to trade at $92.93 after reporting weaker-than-expected fiscal third-quarter earnings, even as revenue topped expectations. The...Read More

Humana reported fourth-quarter earnings and revenue that beat analysts' expectationsThe shares of Humana Inc (NYSE:HUM) were up in pre-market trading, after the health insurance concern announced fourth-quarter profit and revenue that beat analysts' expectations, thanks to growth in Medicare Advantage plans. However, they quickly reversed course, now down 3.3% at $293.26, after the company's ch...Read More

* Govt working to unblock giant Simandou iron ore project* Infrastructure cost is considered a major obstacleGuinea stands by its requirement that output from the long-delayed Simandou iron ore project must be exported from a Guinean port, despite the collapse of a deal aimed at jump-starting development, its mines minister said on Wednesday.Simandou is one of the world's biggest iron deposits, co...Read More

MGNX has more than doubled todayMacroGenics Inc (NASDAQ:MGNX) is blowing up today, skyrocketing 172% to trade at $30.21. The monster move is a result of a positive late-stage trial update for the company's breast cancer treatment, Margetuximab. This price action puts the stock back near its 52-week high of $32.74 from 11 months ago, and comes just two days after the shares touched an all-time low...Read More

Snap is headed toward its best day in almost a yearThe shares of Snap Inc (NYSE:SNAP) have surged 25.5% out of the gate to trade at $8.82. Fueling the upside is the Snapchat parent's impressive earnings report, as well as a round of bullish brokerage notes. As such, SNAP stock is set for its best day since Feb. 7, 2018, when it jumped 47.6% in a single session. For the fourth quarter, Snap unveile...Read More

Zambia, Africa's second-largest copper producer, sees recent changes to its mining royalties regime as fair and won't consider a review despite warnings from the industry that it could deter investment and result in job losses, Finance Minister Margaret Mwanakatwe said."There is no renegotiation taking place because a law has been passed in parliament to change the tax regime""There is no renegoti...Read More

Zambia, Africa's second-largest copper producer, sees recent changes to its mining royalties regime as fair and won't consider a review despite warnings from the industry that it could deter investment and result in job losses, Finance Minister Margaret Mwanakatwe said."There is no renegotiation taking place because a law has been passed in parliament to change the tax regime""There is no renegoti...Read More

South Africa's biggest gold producer would consider buying more assets in the country after paying off debt from previous acquisitions.Sibanye Gold Ltd. hasn't discussed deals, but AngloGold Ashanti Ltd.'s Mponeng mine and Gold Fields Ltd.'s troubled South Deep operation would both fit into the company's portfolio, Chief Executive Officer Neal Froneman said in an interview in Cape Town. Still, for...Read More

General Motors is also set to gain after earningsU.S. stock futures are pointing to a slightly lower open this morning after President Donald Trump's State of the Union address last night. Traders will also be digesting another important dose of quarterly earnings reports, including well-received results from Walt Disney (DIS) and General Motors (GM). Elsewhere, Treasury Secretary Steven Mnuchin c...Read More

Iran is allegedly negotiating with Switzerland, South Africa, France, the United Kingdom, Russia, Austria, Germany and Bosnia to carry out financial transactions in cryptocurrency...Read full newsRead More

Digging into the RSI for the S&P 500The S&P 500 Index (SPX) has been ripping higher since Christmas, gaining 15% since then. The index just had its best month since October 2015, and its best January since 1987. As a result of these gains, the Relative Strength Indicator (RSI)is getting close to overbought territory. The RSI is a popular overbought/oversold indicator. It's an oscillator that range...Read More

Shares in Calidus Resources (ASX:CAI) soared 25% Wednesday after the company increased the mineral resource at its Warrawoona gold project in Western Australia's Pilbara region by a whopping 75%.The new mineral resource estimate now sits at 21.2 million tonnes grading 1.83g/t gold for 1.25 million ounces.About 64% of the new resources is in the confident indicated category status, with the higher-...Read More

Shares in Calidus Resources (ASX:CAI) soared 25% Wednesday after the company increased the mineral resource at its Warrawoona gold project in Western Australia's Pilbara region by a whopping 75%.The new mineral resource estimate now sits at 21.2 million tonnes grading 1.83g/t gold for 1.25 million ounces.About 64% of the new resources is in the confident indicated category status, with the higher-...Read More

RJK Explorations (TSXV: RJX.A) announced this week that it has entered into a property option agreement with Anthony "Tony" Bishop for the Bishop Nipissing diamond properties in Ontario, Canada.Kimberlite on Bishop Nipissing Diamond Claims. Photo by RJK.In a press release, RJK said the exploration properties total 2,090 hectares encompassing at least 18 potential kimberlite pipes located approxima...Read More

RJK Explorations (TSXV: RJX.A) announced this week that it has entered into a property option agreement with Anthony "Tony" Bishop for the Bishop Nipissing diamond properties in Ontario, Canada.Kimberlite on Bishop Nipissing Diamond Claims. Photo by RJK.In a press release, RJK said the exploration properties total 2,090 hectares encompassing at least 18 potential kimberlite pipes located approxima...Read More

The Australian Bureau of Statistics issued a report this week that shows that the country's mining sector set a new record for exports in 2018."Australia's resources exports - including minerals, metals and petroleum - generated $248 billion in revenue. This is the highest-ever annual export value and accounted for 72 per cent of Australia's goods exports," the Minerals Council of Australia said i...Read More

A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfectstock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands o...Read More

Hot Chili has executed a binding memorandum of understanding to acquire a landholding that adjoins two of its projects in Chile.Read full newsRead More

* Two binding bids in coal plants sale* One bid from Greece's GEK Terna, Czech Seven Energy, sources say* Second bid by Greek industrial group Mytilineos -sources* PPC seeks higher price, board to meet this week to decideGreece's Public Power Corp. (PPC) is seeking a higher price from two bidders for three coal-fired plants it is selling to boost competition in the energy market, a company source...Read More

Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThe global move away from carbon-based energy generation to renewable energy generation via wind turbines, solar and even wave energy, together wit...Read More