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

Morgan Stanley earnings weighed in early tradingStocks started the day in negative territory, thanks to a dismal earnings report from Morgan Stanley (MS) and reports of a potential U.S. investigation into Chinese tech firm Huawei. However, the major indexes swung higher in afternoon trading, after a Wall Street Journal report suggested the U.S. is considering lifting tariffs on China to accelerate...Read More

Gold's dimming supply prospects have caught the eye of one billionaire."For the first time in my life, I bought gold because it is a good hedge," Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. "Supply is shrinking and that is going to have a positive impact on the price."Spending on new mines began to dry up after prices of the metal tumbled from a record in 2...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

* Does not provide EBITDA forecast, shares reverse course* Sees global consumption growth for aluminum between 3-4 pct* Expects global aluminum deficit to continueTop U.S. aluminum producer Alcoa Corp beat Wall Street estimates for quarterly profit on Wednesday, buoyed by strength in its alumina segment, but shares slipped after the company did not provide a closely watched profit measure for the...Read More

Sandvik Mining and Rock Technology has launched an automation upgrade package for its DD422i and DD422iE underground drilling jumbos. The upgrade has been developed to deliver 24/7 underground drilling for both miners and tunnelers.The new package contains three individual options which are available for both DD422i and DD422iE and can be selected as individual enhancements or as a total solution...Read More

Cars.com announced it was exploring a possible saleStocks are confidently in the black at midday, flipping higher despite a subpar earnings report from banking giant Morgan Stanley. Among names making notable moves higher are defense stock Northrop Grumman Corporation (NYSE:NOC), healthcare concern Five Prime Therapeutics Inc (NASDAQ:FPRX), and auto retailer Cars.com Inc (NYSE:CARS). Below, we'll...Read More

Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018's fourth quarter, propelling its 2018 gold production to 37,108 oz. gold, a slight improvement over 2017 gold production.The company processed 45,538 tonnes of run of mine ore from its Palito and Sao Chico gold mines - its highest quarterly throughput of the year - at an average grade of 7.39 grams gold per tonne, as well...Read More

Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018's fourth quarter, propelling its 2018 gold production to 37,108 oz. gold, a slight improvement over 2017 gold production.The company processed 45,538 tonnes of run of mine ore from its Palito and Sao Chico gold mines - its highest quarterly throughput of the year - at an average grade of 7.39 grams gold per tonne, as well...Read More

Serabi Gold (TSX: SBI; LON; SRB) produced a record 10,256 oz. gold in 2018's fourth quarter, propelling its 2018 gold production to 37,108 oz. gold, a slight improvement over 2017 gold production.The company processed 45,538 tonnes of run of mine ore from its Palito and Sao Chico gold mines - its highest quarterly throughput of the year - at an average grade of 7.39 grams gold per tonne, as well...Read More

Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs of $985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the third quarter...Read More

Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs of $985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the third quarter...Read More

Wesdome Gold Mines (TSX: WDO) expects to produce 72,000-80,000 ounces of gold this year at all-in sustaining costs of $985-$1,040 per oz. at its Eagle River mine complex in northern Ontario.The gold producer also forecasts a significant grade increase to 15.5-16.5 grams gold per tonne, compared to a reserve grade of 12.2 grams gold and a recent high of 13.3 grams gold achieved in the third quarter...Read More

BRASILIA - A retired Army officer who last year advised a Canadian company seeking to mine gold in the Amazon returned to the head of Brazil's indigenous rights agency on Thursday, vowing to improve the lives of the country's native peoples.General Franklimberg Ribeiro de Freitas had run the National Indian Foundation (Funai) until April 2018, but was fired by the previous government under pressur...Read More

BRASILIA - A retired Army officer who last year advised a Canadian company seeking to mine gold in the Amazon returned to the head of Brazil's indigenous rights agency on Thursday, vowing to improve the lives of the country's native peoples.General Franklimberg Ribeiro de Freitas had run the National Indian Foundation (Funai) until April 2018, but was fired by the previous government under pressur...Read More

Before today, it was FOSL put buying that was popularThe shares of Fossil Group Inc (NASDAQ:FOSL) are higher this afternoon amid heavy trading volumes, after the company inked a deal to sell $40 million worth of smartwatch technology to Alphabet's (GOOGL) Google. What's more, FOSL call options are flying off the shelves today, with traders opening positions at a number of different strikes. For ex...Read More

U.S. markets will be closed on Monday for Martin Luther King Jr. DayIt will be a busy yet abbreviated week, with markets closed on Monday for Martin Luther King Jr. Day. Earnings season will continue to pick up steam next week, with a number of Dow stocks in focus, including IBM (IBM), Johnson & Johnson (JNJ),and Intel (INTC). Starbucks (SBUX) and Ford Motor (F) will also be in the earnings spotli...Read More

Stocks went slightly up yesterday, as investors' sentiment remained bullish following the recent advances. The S&P 500 index extended its short-term uptrend, before closing just 0.2% higher. Is this a short-term topping pattern or just another consolidation within an uptrend?The U.S. stock market indexes gained 0.2-0.6% on Wednesday, extending their short-term uptrend, as investors' sentiment...Read More

Trevali Mining (TSX:TV; OTCQX: TREVF) announced on Thursday that president and chief executive officer Dr. Mark Cruise and chair of the board of directors Mike Hoffman plan to step down.Both Cruise and Hoffman will continue in their current roles until their successors are appointed in order to ensure a smooth transition to a new leadership team for the long-term benefit of Trevali and its stakeho...Read More

Short-term SKX volatility expectations are soaringSkechers USA Inc (NYSE:SKX) stock is hot today, with some pointing to buzz surrounding a potential takeover of the footwear firm by North Face parent VF Corp (VFC). Whatever the reason, SKX shares were last seen up 5.8% to trade at $26.81, and options traders are in overdrive.Most recently, around 36,000 calls and 10,100 puts had changed hands on S...Read More

Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line remained elusive for another session. "The dovish U.S. Federal Reserve has been supporting the market," with some officials at the central bank suggesting a cautious approach to future interest-rate hikes, analysts at ICICI Bank wrote in a daily note. "This...Read More