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

Globally, there were 1,349 announced mining deals valued at $86.3 billion through December 18 this year, up 60% from the 2017 total, according to data compiled by Bloomberg.During the heady days of the China-induced supercycle in metals demand, mergers and acquisition in the industry topped $100 billion three years in a row, peaking at $149 billion in 2012 before slumping to little over $50 billi...Read More

Keep watching IYT to see what might be next for the broader equities marketLast week was certainly a rough one for the broad-equity benchmarks, but it was particularly brutal for shipping giant FedEx (FDX). On Wednesday, the stock registered its biggest daily percentage drop in a decade after taking a hatchet to its fiscal 2019 profit forecast. The news caused a ripple effect across the transports...Read More

The brokerage firm removed the FAANG stock from its "Best Ideas" listThe shares of Facebook, Inc. (NASDAQ:FB) are trading down 1.4% at $123.212 -- earlier hitting a nearly two-year low of $123.05, after Wedbush removed the FAANG stock from its "Best Ideas" list. However, the brokerage firm maintained its "outperform" rating and $220 price target, a 76% premium to Friday's close.Today's negative pr...Read More

JD's pre-market gains quickly evaporatedJD.com, Inc. (NASDAQ:JD) was last seen down 7.7% at $19.46, as traders react to news that the company's founder and CEO Richard Liu will not be charged after being accused of rape back in September. JD shares were trading above $30 before the news hit, and wound up hitting an all-time low of $19.21 a month ago. Meanwhile, option traders' sentiment has shifte...Read More

Image by Adam Fagen By Joe DeauxForget frankincense or myrrh - chaos in global markets makes gold the holiday asset hedge funds are getting behind.Money managers are the most bullish they've been on bullion in half a year amid a multitude of threats that could slow economic growth and deepen the plunge for equities.As financial anxieties heighten, investors have poured about $1.56 billion into exc...Read More

Tesla short sellers have been hitting the exits latelyThe shares of Tesla Inc (NASDAQ:TSLA) are down 2.6% in electronic trading today, after it was reported the company had cut the price of its Model 3 vehicle in China. This is the third time in the past two months Tesla has reduced the price of the vehicle. Tesla stock started December off strong in the wake of a big bull note. Last week, howev...Read More

Rumors surfaced late Friday Trump was considering firing the Fed chairIt's an abbreviated session on Wall Street today, with the stock market closing at 1 p.m. ET for the Christmas holiday, and shuttered all day tomorrow. Traders are less than cheerful, with Dow Jones Industrial Average (DJI) futures trading well below fair value this morning. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Inde...Read More

Could the action in stocks be foreshadowing a recession?"The SPX closed below its 80-week moving average on Friday, currently situated at 2,660... breaks of the 80-week moving average have usually preceded tests of the 160-week moving average, which approximates a roughly three-year moving average. With the 160-week moving average currently situated around 2,400, bulls run the risk of at least ano...Read More

B.C.'s mining industry is an essential part of the economic and social foundation of the province. A vibrant, competitive, growing industry provides benefits to British Columbians in all corners of the province.However, the rapid pace of change seen both in industry and in broader society requires bold and innovative solutions to ensure that the B.C. mining sector is fiscally competitive with juri...Read More

BRIEF-Equinox Gold Energizes Crusher At Aurizona Gold Mine, Comm:BRIEF-Equinox Gold Energizes Crusher At Aurizona Gold Mine, Commences CommissioningRead full newsRead More

The TSX Index often enjoys a Santa Claus rally heading into the end of the year, but 2018 has served up a Santa rout, which might be a fantastic gift for savvy self-directed TFSA investors.Let's take a look at two stocks that have taken a beating in the past few months and could be attractive picks for a buy-and-hold TFSA portfolio today.Nutrien (TSX:NTR)(NYSE:NTR)Nutrien is a global leader in the...Read More

Hello, Fools. I'm back to call attention to three stocks popped last week. Why? Because after a stock rallies over a short period of time, one of two things usually happens: it continues to soar as traders ride the positive wave of momentum; or it falls back down to earth as value-oriented investors lock in their gains.Our list is filled with gold and silver plays this week, as investors run away...Read More

Continental Gold's (TSX:CNL) shares have remained in free fall ever since three of its geologists were murdered by an attack on its facilities at its Berlin property in northwestern Colombia in late September 2018. Even the latest surge in gold, which sees the yellow metal trading at over US$1,260 per ounce has failed to revive Continental Gold's stock. For the year to date, the miner is down by 3...Read More

It has been a tough year for silver miners because of sharply weaker silver and the stagnant outlook for the white metal. Despite gold soaring in recent weeks because of growing uncertainty regarding the outlook for the global economy, silver remains trading below US$15 per ounce. This has seen the gold-to-silver ratio widen to require 86 ounces of silver to purchase a single ounce of gold.That ra...Read More

ScoZinc's processing facilities for its zinc-lead mine near Halifax, Nova Scotia. Source: ScoZinc Mining Ltd.ScoZinc Mining Ltd. [SZM-TSXV; SWNLF-OTC] said Monday December 24 that it is poised to be one of Canada's next base metal producers after releasing a project update and improved economic study for its wholly-owned ScoZinc zinc-lead mine in Nova Scotia.The forecast came after the company sai...Read More

(IDEX Online) - The England and Wales Court of Appeal recently ruled in favor of veteran diamantaire Willie Nagel in a case featuring Antwerp sightholder Pluczenik.   The Belgian firm will have to pay $3.3 million to its former broker, W Nagel Ltd., after the court agreed with a ruling of a lower court that Pluczenik violated an agreement between the sides from 20 years ago.   Nagel told...Read More

(IDEX Online) - Diamcor Mining Inc. sold 1,905 carats of rough stones from its Krone-Endora at Venetia Project for $303,138.39, resulting in an average price of $158.60 per carat.   The company tendered 2,256 carats of rough diamonds; the balance of 351 carats will be tendered along with additional rough diamonds delivered by the company in January.         Tota...Read More

(IDEX Online) - The head of Angolan diamond marketing company Sodiam said a second diamond cutting and polishing factory is to be established in Saurimo in February.   Sodiam CEO Neves Silva said that the plant, part of the company's strategic plan for the 2018-2022 period, will initially be able to process 4,000 carats of rough diamonds per month, according to a report on Macauweb.   Th...Read More

This time of year always makes me reminiscent. With all the holiday time spent with family and the New Year approaching, I like to look around at what I've accomplished. And look back at my life to think about how I got to where I am. Your next two issues will be special-one piece in two parts. I'll discuss something near and dear to me; something that's helped me to become not only the financial...Read More

Peninsula Energy Ltd (ASX:PEN) has signed a new uranium toll milling agreement for the Lance Projects in Wyoming, US with its existing toll milling service provider Uranium One Americas, Inc.The agreement commences on January 1, 2019 and has an initial term of 5 years with the ability for Peninsula to extend the term at its option for an additional 5-year period thereafter. Since production o...Read More