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

* Power firm Eskom facing financial crisis* Government debating whether to split firm* Miners say Eskom's tariffs erode competitivenessSouth African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said on Wednesday, warning that tariff hikes alone would not solve Eskom's problems.Top government officials...Read More

Rescue teams on Wednesday saved the last miner missing after an earth tremor struck a copper mine near the Polish town of Rudna, 70 miles east of the German border, the mine's owner said.KGHM Polska Miedz initially reported 14 miners missing after the tremor hit the mine early on Tuesday afternoon, 770 metres below the earth's surface. All but one of the miners were found on Tuesday. Some had suff...Read More

Rescue teams on Wednesday saved the last miner missing after an earth tremor struck a copper mine near the Polish town of Rudna, 70 miles east of the German border, the mine's owner said.KGHM Polska Miedz initially reported 14 miners missing after the tremor hit the mine early on Tuesday afternoon, 770 metres below the earth's surface. All but one of the miners were found on Tuesday. Some had suff...Read More

ArcelorMittal's application to bid for the Bosnian government's stake in the Ljubija iron ore mine has been rejected over procedural issues, prompting the world's largest steelmaker to warn of risks to the future of mining in the area.ArcelorMittal owns a steel plant in the central Bosnian town of Zenica where it processes iron ore from its mines in Prijedor in the north of the country.The governm...Read More

SNC-Lavalin Group Inc. won't reveal the location of a "serious problem" in its mining business that fueled an epic share rout Monday. But analysts are pointing the finger at Chile.AltaCorp Capital, Desjardins Capital Markets, Canaccord Genuity and Raymond James say a copper mine run by Codelco, Chile's state-owned copper producer, is the probable source of SNC's pain. SNC Chief Executive Officer N...Read More

Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.But if you rely on forecasts of EV take-up from the US Energy Information Administration, you may well wonder what the hype is about.The EIA Energy Outlook 2019, released last week, foresees uptake of electric vehi...Read More

Top iron ore producer Vale's decision to decommission its upstream tailings dams following the deadly dam burst on Friday at its facility in C??rrego do Feij??o, Brazil has lit a fire under iron ore prices.The Chinese import price of 62% Fe content ore jumped 5% on Wednesday to trade at $82.53 per dry metric tonne, according to data supplied by Fastmarkets MB. The price of the steelmaking raw mate...Read More

The shares are pacing for their worst day everThe shares of AC Immune SA (NASDAQ:ACIU) are down 68.3% at $3.40, after the company and partner Roche said they're halting late-stage trials of Alzheimer's drug crenezumab. The medical research concern said the drug would likely fail to meet its primary goal. ACIU stock is now plumbing new record lows -- dropping to $3.34 earlier -- and on pace for its...Read More

The chipmaker's Q4 profit was in-line with estimates, while revenue fell shortAdvanced Micro Devices, Inc. (NASDAQ:AMD) reported fourth-quarter adjusted profit of 8 cents per share -- in line with estimates -- while revenue of $1.42 billion fell just short of the forecast. However, the chipmaker said data center sales surged 8.5% in the three-month period to a record $986 million, and upped its 20...Read More

United Nations human rights experts called for an urgent and impartial investigation on Wednesday into the collapse of Vale's tailing dam in Brazil, which killed at least 99 people, as well as into the toxicity of the mining waste, which is now heading towards a river that provides drinking water to communities in five of the country's 26 states.The tailings dam used at Vale's C??rrego do Feij??o...Read More

A few simple tools can help anyone make smarter trades.It used to take years of practice and hours of research to consistently make winning trades in the stock market, but nowadaysfinding profitable trades shouldn't have to be a full-time job. In fact, trading like a pro can really be as easy as 1-2-3, with the right tools and technology!According to one company, there's a simple recipe that can...Read More

ZNGA has already added 14.5% in 2019The shares of Zynga Inc (NASDAQ:ZNGA) are up 1.8% to trade at $4.50 this morning, after Goldman Sachs initiated coverage on the game developer with a "buy" rating and $5.30 price target. This comes as Zynga prepares to report its fourth-quarter earnings next Wednesday, Feb. 6. Goldman's price target represents 20% upside from ZNGA's closing perch yesterday of...Read More

Venezuela is home to rich gold deposits and holds billions of dollars of foreign reserves in gold bars in the central bank's vaults. The question is, how much is there?The answer has taken on added significance as beleaguered President Nicolas Maduro faces increasing pressure to resign. Last week, countries including the U.S. and U.K. recognized the leader of the National Assembly, Juan Guaido, as...Read More

JNPR is on the short-sale restricted list todayJuniper Networks, Inc. (NYSE:JNPR) is trading down 8.8% this morning at $25.48, one of the worst stocks on the New York Stock Exchange (NYSE), after the tech company reported fourth-quarter revenue below estimates -- the first such miss in at least eight quarters -- due to notable weakness out of its cloud business. The company also issued a disappoin...Read More

Huge earnings, trade talks, and a Fed decision are all in focus todayThere is a ton happening on Wall Street today, and Dow Jones Industrial Average (DJI) futures are signaling a strong open as the rush gets underway. For starters, traders are reacting positively to earnings from Apple (AAPL) and Boeing (BA), just two of several high-profile names on the earnings slate today. The quarterly reports...Read More

No excuse for simply not knowing how TSF disasters happen or failing to learn from one's mistakesRead full newsRead More

A closer look at January returns could be a bullish signStocks are off to a hot start in 2019. The S&P 500 Index (SPX) has gained over 5% with just a couple of days left in January. Based on historical data, it's important that stocks begin the year on a positive note. According to the January Barometer, the first month of the year is an indicator on how the rest of the year will play out. Below,...Read More

Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Mat?-as project in the department of C??rdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former manageme...Read More

Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Mat?-as project in the department of C??rdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former manageme...Read More

Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Mat?-as project in the department of C??rdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former manageme...Read More