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

* Thousands march to protest wages at gold operations* Union hands over lists of demands* Threatens "full on strike" at firm's platinum site* Sibanye says management considering demandsJOHANNESBURG - A South African union representing just under half of all workers at Sibanye-Stillwater's platinum mine will extend a one-day strike if the company does not return to the negotiating table, its presid...Read More

Both stocks just grabbed their highest closes in weeksNike Inc (NYSE:NKE) shares notched their highest close since October on Friday, and they're on the rise again today. Cowen and Company upgraded its opinion on the blue chip to "outperform" from "market perform" and boosted its price target to $90 from $80. In the note, analysts said they expect gross margins to improve for the company, helped i...Read More

Tanzania intends to cancel permits for mineral sites belonging to large-scale miners that remain undeveloped and will allocate the licences to smallholders, President John Magufuli said.The announcement comes amid a tax dispute between the state and Acacia Mining Plc, in which the government is demanding $190 billion in penalties, after claiming the company had under-declared export revenue since...Read More

Tanzania intends to cancel permits for mineral sites belonging to large-scale miners that remain undeveloped and will allocate the licences to smallholders, President John Magufuli said.The announcement comes amid a tax dispute between the state and Acacia Mining Plc, in which the government is demanding $190 billion in penalties, after claiming the company had under-declared export revenue since...Read More

Analyst departure sees Canadian bank drop coverage of 18 mining companiesRead full newsRead More

There's a better potential haven than gold for investors spooked by the risk of a recession this year - mid-sized producers who've outperformed both bullion and the rest of the mining industry.Companies including Canada's Kirkland Lake Gold Ltd. and Australia's Northern Star Resources Ltd. have scope to extend gains and should be in focus for investors looking for a safe harbor, according to Joe F...Read More

There's a better potential haven than gold for investors spooked by the risk of a recession this year - mid-sized producers who've outperformed both bullion and the rest of the mining industry.Companies including Canada's Kirkland Lake Gold Ltd. and Australia's Northern Star Resources Ltd. have scope to extend gains and should be in focus for investors looking for a safe harbor, according to Joe F...Read More

Elliott Management is pushing for changes at the online retailerThe shares of eBay Inc (NASDAQ:EBAY) are up 12.1% to trade at $34.50, after the Wall Street Journal reported Elliott Management and Starboard Management hold stakes in the online retailer. Additionally, the former unveiled a letter sent to EBAY's board of directors outlining a five-point plan -- which includes dropping StubHub -- that...Read More

KUALA LUMPUR - More of the billions of tonnes of materials the world uses each year must be recycled and reused to keep climate change in check, researchers said on Tuesday.Only about a tenth of the nearly 93 billion tonnes of materials utilised annually - including minerals, metals, fossil fuels and biomass - are currently put back into service, said a report by Amsterdam-based social enterprise...Read More

South Africa's Gold Fields (JSE:GFI) (NYSE:GFI) on Tuesday denied a report by Bloomberg speculating that the company wants to combine with rival AngloGold Ashanti."This article is factually incorrect and we completely disassociate ourselves with this statement," Gold Fields said in a statement.Earlier, Bloomberg published an article outlining a $8 billion tie-up quoting "a person familiar with the...Read More

South Africa's Gold Fields (JSE:GFI) (NYSE:GFI) on Tuesday denied a report by Bloomberg speculating that the company wants to combine with rival AngloGold Ashanti."This article is factually incorrect and we completely disassociate ourselves with this statement," Gold Fields said in a statement.Earlier, Bloomberg published an article outlining a $8 billion tie-up quoting "a person familiar with the...Read More

South Africa's Gold Fields (JSE:GFI) (NYSE:GFI) on Tuesday denied a report by Bloomberg speculating that the company wants to combine with rival AngloGold Ashanti."This article is factually incorrect and we completely disassociate ourselves with this statement," Gold Fields said in a statement.Earlier, Bloomberg published an article outlining a $8 billion tie-up quoting "a person familiar with the...Read More

This company's innovative products have industry heavyweights paying close attention as they work towards becoming a leader in the VR and AR multi-billion dollar markets.With the enormous potential for VR and AR, both technologies have created interest and excitement through multiple industries and corporate sectors.Building on its past work for some of the most noteworthy companies in the world,...Read More

MELBOURNE - Australian cobalt developer Jervois Mining said on Tuesday it has agreed to buy a Canadian cobalt explorer with operations in Uganda, as the hunt for quality mines in the battery materials sector gains pace.Jervois, which is backed by ex-Glencore executives, is offering one of its shares for every share in M2 Cobalt, valuing the Canadian company at C$16.6 million ($12.5 million), a 4.5...Read More

MELBOURNE - Australian cobalt developer Jervois Mining said on Tuesday it has agreed to buy a Canadian cobalt explorer with operations in Uganda, as the hunt for quality mines in the battery materials sector gains pace.Jervois, which is backed by ex-Glencore executives, is offering one of its shares for every share in M2 Cobalt, valuing the Canadian company at C$16.6 million ($12.5 million), a 4.5...Read More

Earnings from JNJ and TRV are out this morningComing off a fourth straight weekly win, U.S. stocks are indicating a lower open this morning. Dow Jones Industrial Average (DJI) futures are trading more than 100 points below fair value, as traders consider earnings from blue chips Johnson & Johnson (JNJ) and Travelers Companies (TRV), with IBM (IBM) set to report after the bell. Despite the heavy ea...Read More

SANTIAGO - The union of supervisors at state miner Codelco's Gabriela Mistral mine in northern Chile has rejected the company's final offer for a new collective labor agreement, raising the specter of a strike in the coming days, the union president told Reuters on Tuesday.The union said Codelco, the world's top copper miner, failed to satisfy its demands for a signing bonus, and that the company...Read More

Full-year production at Barrick Gold's Loulo-Gounkoto mining complex in Mali, which the Canadian miner obtained as part of its merger with Randgold, fell shy of expected targets, mainly as a consequence of a week-long strike at the operation, the company said.The Mali-based operation, one of the pillars of the country's economy since Loulo went into production in 2005, produced 1.29 million gold o...Read More

Full-year production at Barrick Gold's Loulo-Gounkoto mining complex in Mali, which the Canadian miner obtained as part of its merger with Randgold, fell shy of expected targets, mainly as a consequence of a week-long strike at the operation, the company said.The Mali-based operation, one of the pillars of the country's economy since Loulo went into production in 2005, produced 1.29 million gold o...Read More

MO short sellers have been cashing outThe shares of Altria Group Inc (NYSE:MO) aredown 2.4% in electronic trading, after Morgan Stanley downgraded the tobacco name to "underweight" from "equal-weight," while trimming its price target to $45 from $54. The analyst in coverage lowered their earnings growth forecast, and warned that Altria's business algorithm is at risk from changing demographic tr...Read More