The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

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

The company reported disappointing fourth-quarter earnings and revenue The shares of Harley-Davidson Inc (NYSE:HOG) are spiraling this morning, down 7.5% at $33.84, after the motorcycle concern reported fourth-quarter earnings and revenue below analysts' expectations. The company said tariff costs surged in the quarter, and predicted an eight-year low in 2019 motorcycle shipments. Today, the secur...Read More

The struggling airliner is ripe for downgradesDelta Air Lines, Inc. (NYSE:DAL) has sat out the post-Christmas broad-market rally, with its 20-day moving average serving as a stiff ceiling in recent weeks. Plus, the shares recently formed a bearish flag pattern, suggesting more downside could be in store. There have been two downgrades to DAL already in January, but there's still ample room for mor...Read More

Mongolia is working with overseas investigators to look into claims of corruption at its giant Oyu Tolgoi copper mine, the country's anti-graft body said on Tuesday, after the re-arrest of a former minister suspected of "abuse of power".Bayartsogt Sangajav was first arrested last April and released in June in a probe into 2009 negotiations over the development of the mine, then owned by Canada's I...Read More

Mongolia is working with overseas investigators to look into claims of corruption at its giant Oyu Tolgoi copper mine, the country's anti-graft body said on Tuesday, after the re-arrest of a former minister suspected of "abuse of power".Bayartsogt Sangajav was first arrested last April and released in June in a probe into 2009 negotiations over the development of the mine, then owned by Canada's I...Read More

VYGR fell to a record low of $7.76 last ThursdayThe shares of Voyager Therapeutics Inc (NASDAQ:VYGR) are up 44% to trade at $11.58 this morning, after the gene therapy specialist inked a development deal with Neurocrine Biosciences (NBIX). The deal will focus on Parkinson's disease and Friedreich's ataxia treatments, and Voyager could get up to $1.7 billion in potential milestone payments on top...Read More

Canada's M2 Cobalt Corporation said on Tuesday that its initial drilling indicates that there may be more cobalt in Uganda than previously thought."We are excited so far that in this short time we got really promising results in three target areas," Jennifer Hinton, the firm's director for East Africa operations, told Reuters.Any discoveries would add much-needed diversity in the supply of cobalt,...Read More

Germany's TUEV SUED on Tuesday said two of its employees have been arrested in Brazil as authorities begin a criminal investigation in the wake of a devastating dam rupture in Brazil which has left over 300 people dead.Prosecutors in Brazil arrested three employees of Brazilian miner Vale SA and two contractors tasked with attesting to the safety of the Corrego do Feijao dam. TUEV SUED confirmed i...Read More

Tomasz Wi?>niewski16 hours ago (Jan 29, 2019 9:14 AM GMT)Gold starts this week on the front foot. Today, the precious metal is making new yearly highs and is currently fighting on a very important horizontal resistance around the 1307 USD/oz.This area is crucial for the Gold since early 2015. Once buyers will manage to break this resistance, the way towards 1357 will be opened. We said that a few...Read More

Apple is set to report earnings after the closeDow Jones Industrial Average (DJI) futures are trading modestly above fair value this morning, with Wall Street's focus staying on earnings and global relations. For earnings, Dow components 3M (MMM), Pfizer (PFE), and Verizon (VZ) all reported this morning, and Apple (AAPL) is set to reveal its quarterly report after the close. On the international f...Read More

The world's largest miner, BHP, (ASX:BHP) is considering whether to appeal an Australian Federal Court's decision related to income derived from its Singapore-based marketing unit, which has left the company with an A$82 million ($59m) tax bill.In November, BHP won the case with the Australian Taxation Office (ATO) in an administrative court, but the Federal Court heard an appeal from the tax aut...Read More

The Dow-tracking ETF is "relatively overbought," based on recent RSI trendsThe rapid-fire rebound in stocks from the worst of their late-December lows slowed a bit last week, just as the small-cap Russell 2000 Index (RUT) closed in on a double-digit percentage return for 2019. But the Dow Jones Industrial Average (DJI) outperformed its equity benchmark peers for the period, ending Friday up 0.1% f...Read More

Ontario-based Aura Resources (TSXV: AUU) announced it has entered into a definitive agreement with Vancouver-based Minaurum Gold (TSXV: MGG) and its Mexican subsidiary to acquire an interest in the East Taviche property located in Oaxaca, southeastern Mexico.To acquire an initial 80% interest in the project, Minaurum has to issue 100,000 common shares, reimburse all Taviche project concession fees...Read More

Ontario-based Aura Resources (TSXV: AUU) announced it has entered into a definitive agreement with Vancouver-based Minaurum Gold (TSXV: MGG) and its Mexican subsidiary to acquire an interest in the East Taviche property located in Oaxaca, southeastern Mexico.To acquire an initial 80% interest in the project, Minaurum has to issue 100,000 common shares, reimburse all Taviche project concession fees...Read More

Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More

Precious gemstones miner Gemfields has chosen to pay ?5.8 million (about $7.8m) to community members residing near its Montepuez ruby mine in Mozambique, in a "no admission of liability" move that settles a claim of human rights abuses brought against it by locals.Leigh Day, the London-based law firm representing a group of 273 Mozambicans, argued last year that security forces employed by the...Read More

Precious gemstones miner Gemfields has chosen to pay ?5.8 million (about $7.8m) to community members residing near its Montepuez ruby mine in Mozambique, in a "no admission of liability" move that settles a claim of human rights abuses brought against it by locals.Leigh Day, the London-based law firm representing a group of 273 Mozambicans, argued last year that security forces employed by the...Read More

Lithium is set to soar - and leave investors pocking huge profits.Even with all the headlines and controversy surrounding Tesla founder Elon Musk, recent research shows that even bad press can't stop the momentum of a huge component that makes Tesla what it is today.In fact, Tesla merely helped highlight how completely critical lithium is in today's increasingly-technological world... and how scar...Read More

Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More

Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More

Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More