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

Two things have me becoming more and more bullish with respect to gold prices. Stock market weakness, or should I say carnage, has left many investors battered and looking for a safe haven in the storm. Like gold. The U.S. dollar has the potential to go lower as interest rates hikes are potentially moderated and as the economy going forward has many downside risks. A lower U.S. dollar is positive...Read More

Full Report: The Gold Bulls Just Regained the Upper Hand By: Frank HolmesCommodity traders appear excited about gold again as stocks are on pace for their worst year since 2008, and their worst December since 1931. Bullish bets on the yellow metal outnumbered bearish ones for the week ended December 11, resulting in the first instance of net positive contracts since July, according to Commodity...Read More

The Dow Jones Industrial Average fell 799 points at the beginning of this month, just one day after a truce between U.S. President Donald Trump and Chinese President Xi Jinping on their trade dispute following weekend talks in Argentina. And we've seen more turbulence and runoff throughout the month. Do you know why? Because investor optimism over a resolution faded.Trump himself warned he would r...Read More

John Thornton aims to turn around the lagging fortunes of Barrick Gold Corp, the world's largest gold-mining companyRead full newsRead More

Just one request, please do not trade while drunk during the vacations. Merry Christmas. Enjoy the present and forget the past.Gold needs a close over $1260 and silver needs a close over $1490 today to zoom next week. Volumes will be there from Asia. Trading volumes will be down next week but not zero. Holiday goers will enjoy as petrol/diesel prices are low. The current market situation is that...Read More

Just one request, please do not trade while drunk during the vacations. Merry Christmas. Enjoy the present and forget the past.Gold needs a close over $1260 and silver needs a close over $1490 today to zoom next week. Volumes will be there from Asia. Trading volumes will be down next week but not zero. Holiday goers will enjoy as petrol/diesel prices are low. The current market situation is that...Read More

The Nasdaq Composite closed in bear market territory todayThe Dow once again erased intraday gains to finish lower, ultimately collecting its third straight daily loss. The blue-chip index explored a range of over 858 points today, with losses accelerating in the afternoon as the prospect of a government shutdown loomed large ahead of the weekend. The Nasdaq Composite, meanwhile, closed in officia...Read More

MET is among the worst performing stocks after the Fed tightens up on ratesShares of Metlife Inc. (NYSE:MET) are down 0.6% at $39.11, after the company on Thursday reached a settlement with the state of Massachusetts over claims that it failed to pay pensions to thousands of retirees it improperly "presumed dead." The insurance provider will have to pay $1 million fine to resolve the claim filed l...Read More

Ireland is demanding $1.9 billion in back taxes from PerrigoPerrigo Company (NYSE:PRGO) said it has been ordered by Ireland to pay $1.9 billion in back taxes for 2013. The bill comes after it was found that intellectual property sales of Elan Pharma -- which Perrigo acquired in 2013 in a corporate tax inversion -- were taxed incorrectly. In reaction, PRGO stock is down 26.5% to trade at $38.47, ea...Read More

AAPL and BB are pacing for their lowest closes in over a yearStocks are struggling the week before Christmas. Three names taking part in the widespread weakness are iPhone maker Apple Inc. (NASDAQ:AAPL), tech name BlackBerry Ltd (NYSE:BB), and e-commerce services provider Shopify Inc (NYSE:SHOP). Let's take a look at the damage shares of AAPL, BB, and SHOP have experienced today. Apple Stock Flir...Read More

Gautam Adani's long quest to build a coal mine in the Australian outback faces another setback, with the Queensland state government refusing to sign off on the company's plans before further studies into the project's environmental impact are complete."Two plans are yet to be approved before any significant disturbance can commence at the Carmichael coal mine," Queensland's Department of Environm...Read More

BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More

BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More

BMO Capital Markets' metals and mining division faced upheaval this year after losing its two veteran co-heads during an already tough time for the resource industry. Its new leaders aim to prove the investment bank remains as strong as ever in the sector.The Bank of Montreal unit is accelerating lending and adding more bankers, including a sales-and-trading team poached from Bank of Nova Scotia,...Read More

Effective Immediately Next Green Wave will begin trading on the OTCQB under the ticker symbol NXGWF VANCOUVER, DECEMBER 21, 2018 - Next Green Wave ("NGW" or the "Company") (CSE: NGW)...Read full newsRead More

Gold futures pulled back from a six-month high Friday, but bullion finished the week higher as a recent downturn in the stock market - underpinned by the Federal Reserve's policy message - helped to drive demand to so-called haven assets. Gold for February delivery on Comex GCG9, -0.69% lost $9.80, or 0.8%, to settle at $1,258.10 an ounce, with the contract marking a weekly increase of about 1.4...Read More

Barrick Gold Corp has laid off more than half of its staff at the company's Toronto head office, while its long serving director Anthony Munk is stepping down, the Globe and Mail reported on Friday.Munk, who is Barrick Gold founder Peter Munk's son, has tendered his resignation, the report said.The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchas...Read More

ExGen Resources Inc. (TSXV:EXG; OTC:BXXRF) ("ExGen") announced that, further to its December 5, 2018 news release, it has increased the size of its previously announced non-brokered private placement of units (each a "Unit").Read full newsRead More

Oil prices also fell to annual lows this weekIt's been a brutal December for Wall Street, and this week was no exception. The Dow and S&P 500 are all staring at their worst week s since March, while the Nasdaq is headed toward its biggest weekly loss since January 2016. Plus, all three indexes remain deep in correction territory, and sport month-to-date deficits of 11% or more. The sell-off starte...Read More

Congress has yet to pass a spending bill to avoid a partial government shutdown at midnightThe Dow Jones Industrial Average (DJI) was last seen modestly higher -- getting help from a post-earnings bull gap for Nike (NKE) -- overcoming a brief turn lower as a potential government shutdown looms. Traders are also reacting to a round of lackluster economic data, with the personal consumption expendit...Read More