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 broad stock market fluctuated within a short-term consolidation range yesterday following Tuesday's decline. Is this a topping pattern before another leg down or just some relatively flat correction within a new uptrend?The U.S. stock market indexes gained 0.1-0.7% on Wednesday, as they fluctuated following Tuesday's decline. The S&P 500 index continued its rebound off the December t26th m...Read More

Wall Street cheered earnings from several chipmakersThe Dow started the session in the red following hawkish comments from Commerce Secretary Wilbur Ross on U.S.-China trade negotiations -- though it was Ross's confusion over furloughed federal workers visiting food banks that became a major news story. The blue-chip index made a couple of brief forays into positive territoryas well-received earni...Read More

As bad as things have been for Facebook since the Cambridge Analytica scandal broke one year ago, one team of researchers think the reality of the company's circumstances is even more dire than investors realize.Read full newsRead More

Apple, Amazon, and Facebook will be reporting quarterly earnings Earnings season is in full swing, with FAANG members Apple (AAPL), Amazon (AMZN), and Facebook (FB) set to report next week. In addition, several blue chips will step into the earnings spotlight, including Chevron (CVX), Boeing (BA), Verizon (VZ), and Visa (V). Elsewhere, traders will digest the Fed's policy statement and the subsequ...Read More

Searchlight Resources Inc. (TSXV:SRCH) is pleased to announce that at the Annual General MeetingRead full newsRead More

Freeport McMoRan Inc shares slid 9 percent on Thursday after the world's second-largest copper miner posted lower-than-expected quarterly profit and forecast a drop in 2019 production.A 14 percent dive in copper prices slammed the company in the fourth quarter, yet the chief executive officer said U.S. demand remains strong and underpins Freeport's plans for a major expansion in the United States....Read More

Freeport McMoRan Inc shares slid 9 percent on Thursday after the world's second-largest copper miner posted lower-than-expected quarterly profit and forecast a drop in 2019 production.A 14 percent dive in copper prices slammed the company in the fourth quarter, yet the chief executive officer said U.S. demand remains strong and underpins Freeport's plans for a major expansion in the United States....Read More

The stock just pulled back to a historically bullish moving average Since their early November bull gap that resulted in a two-year high of $69.00, the shares of TripAdvisor Inc (NASDAQ:TRIP) pulled back. Recently, though, TRIP has found support in the $52-$54 area and is already 5.1% higher this year. Plus, the travel concern just retreated to a key trendline -- a signal that, if history is any i...Read More

Toronto-based Anaconda Mining has shared updated resource numbers for two gold projects - Great Northern near the village of Jackson's Arm, Newfoundland and Cape Spencer 15 km east of Saint John, New Brunswick.The Great Northern project includes the Rattling Brook and Thor deposits. Rattling Brook has an inferred resource of 5.5 million tonnes averaging 1.45 g/t gold for 255,000 contained oz. usin...Read More

Toronto-based Anaconda Mining has shared updated resource numbers for two gold projects - Great Northern near the village of Jackson's Arm, Newfoundland and Cape Spencer 15 km east of Saint John, New Brunswick.The Great Northern project includes the Rattling Brook and Thor deposits. Rattling Brook has an inferred resource of 5.5 million tonnes averaging 1.45 g/t gold for 255,000 contained oz. usin...Read More

One analyst targets new record highs for SQThe Dow and S&P 500 are lower today, but a resurgent tech sector is powering the Nasdaq. Three names moving higher today are chip stocks Micron Technology, Inc. (NASDAQ:MU) and Nvidia Corporation (NASDAQ:NVDA), as well as Square Inc (NYSE:SQ). Below, we'll take a look at what's moving the shares of MU, NVDA, and SQ.MU Rally Running into Familiar Resistan...Read More

Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.At the Red Chris copper-gold mine 80 km south of Dease Lake, Q4 production was 15.6 million lb. of copper (up 15% from Q3) and 12,366 oz. of gold (up 41% from Q3). Mill throughput for 2018 averaged 29,228 t/d and annual...Read More

Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.At the Red Chris copper-gold mine 80 km south of Dease Lake, Q4 production was 15.6 million lb. of copper (up 15% from Q3) and 12,366 oz. of gold (up 41% from Q3). Mill throughput for 2018 averaged 29,228 t/d and annual...Read More

Gold prices finished lower on Thursday, with the metal's short-term prospects linked to a firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute. Longer term, most analysts remain upbeat in their outlook for precious metals as a mixed picture for the economic outlook and major global issues, including those tra...Read More

Gold prices finished lower on Thursday, with the metal's short-term prospects linked to a firmer dollar, but investors keeping watch over the impact of the partial shutdown of the U.S. government and ongoing U.S.-China trade dispute. Longer term, most analysts remain upbeat in their outlook for precious metals as a mixed picture for the economic outlook and major global issues, including those tra...Read More

INTC is about to present earningsIntel Corporation (NASDAQ:INTC) call volume is running in the 99th annual percentile, while almost tripling the number of puts traded today. The February 52.50 call -- home to peak open interest -- is most popular today, followed by the March 52.50 call. This call preference is part of a longer-term trend on INTC, which has a Schaeffer's put/call open interest rati...Read More

Chile state development agency Corfo said on Thursday it reached a deal with world top lithium miner Albemarle Corp in a long-running contract dispute and would not file a previously threatened arbitration suit against the U.S-based producer.The dispute centered around a contract term that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount to comp...Read More

The Star-Orion South diamond project 60 km east of Prince Albert is moving toward the bulk sampling stage. Owner Star Diamond Corp. says that Rio Tinto Exploration Canada - holder of an option to earn a 60% interest - has begun sonic and core drilling of up to 25 pilot holes in preparation for bulk sampling the Orion South kimberlite.The sonic drilling will provide a detailed look at the overburde...Read More

FLSmidth will supply machinery and equipment for the 0.5Mt/annum extension of the world class refinery of Utkal Alumina International Limited (UAIL) in Odisha.Utkal Alumna International is a wholly-owned subsidiary of Hindalco Industries, an industry leader in aluminium and copper. It is the metals flagship company of the Aditya Birla Group, the world's largest aluminium rolling company and one of...Read More

Shares in Jardine Matheson Holdings, a 186-year old firm listed in Singapore, plummeted 83% on Thursday, wiping more than $40 billion off the market value of the storied conglomerate.The stock quickly recovered and traders immediately pointed to the most likely reason for the strange dealings - a fat finger.Fat finger trades are human errors - more often than not pressing the wrong buttons SGX lat...Read More