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

Less than a year after acquiring a 76% stake in the Coscuez emerald mine in Colombia, Fura Gems (TSXV: FURA; US-OTC: FUGMF) has completed a maiden resource estimate that puts the potential mine life of the project at 30 years.The company mapped more than 20 km of underground tunnels, drilled more than 1,600 metres and recovered nearly 16,000 carats of emeralds from bulk samples and came up with an...Read More

Red Pine Exploration Inc (TSXV:RPX) (Read full newsRead More

SALT LAKE CITY, Utah - 12 December 2018 - Boart Longyear is introducing its LF?,,?160 surface coring drill rig and FL262 Freedom?,,? Loader into the African market. After beinglaunched in late 2016, this rig and loader combination is already being successfully used in North and South America, Australia, and Turkey.The African continent got to see its first LF160 rig and FL262 Freedom Loader at an...Read More

Barrick Gold Corp. has reached an agreement with the Tanzanian government on a $300 million payment, a milestone toward resolving a dispute that has crippled the miner's subsidiary in the African country, according to people familiar with the situation. The two sides made significant progress on a deal that includes Acacia Mining Plc paying $300 million in installmentsExecutives from the Toronto-b...Read More

Barrick Gold Corp. has reached an agreement with the Tanzanian government on a $300 million payment, a milestone toward resolving a dispute that has crippled the miner's subsidiary in the African country, according to people familiar with the situation. The two sides made significant progress on a deal that includes Acacia Mining Plc paying $300 million in installmentsExecutives from the Toronto-b...Read More

A recent report on Canada's mining sector suggests that there may soon be a rebound in the industry, but it warns that a drop in the number of mining engineering graduates needs to be countered with educational reform to achieve sustainability.The Mining Industry Human Resources Council's (MiHR) annual Canadian Mining Labour Market Outlook 2019 notes declining enrollment in mining engineering p...Read More

A recent report on Canada's mining sector suggests that there may soon be a rebound in the industry, but it warns that a drop in the number of mining engineering graduates needs to be countered with educational reform to achieve sustainability.The Mining Industry Human Resources Council's (MiHR) annual Canadian Mining Labour Market Outlook 2019 notes declining enrollment in mining engineering p...Read More

A recent report on Canada's mining sector suggests that there may soon be a rebound in the industry, but it warns that a drop in the number of mining engineering graduates needs to be countered with educational reform to achieve sustainability.The Mining Industry Human Resources Council's (MiHR) annual Canadian Mining Labour Market Outlook 2019 notes declining enrollment in mining engineering p...Read More

Tech stocks have been under heavy scrutiny in recent monthsDespite today's gains, the tech sector has been stumbling into the New Year, still reeling from October's sell-off. If history is any guide, there could be more trouble ahead for cloud concern Akamai Technologies, Inc. (NASDAQ:AKAM) and cybersecurity name Symantec Corporation (NASDAQ:SYMC), both flashing bearish signals heading into 2019...Read More

The Dow is sporting a massive lead halfway through the dayThe Dow Jones Industrial Average (DJI) is up big at midday, as Wall Street reacts to a round of positive trade headlines. Maybe most notably, the Wall Street Journal is reporting that China could give foreign companies greater access in the country, on top of news that President Donald Trump may intervene in the case of Huawei Chief Financi...Read More

The brokerage firm initiated coverage with a "buy" ratingThe shares of Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) are trading up 17.7% at $9.32, after B. Riley initiated coverage on the drug stock with a "buy" rating and $28 price target -- a 253% premium to last night's close. The brokerage firm waxed optimistic on Aramchol, the drugmaker's Non-Alcoholic Steatohepatitis (NASH) treatment.This upbeat...Read More

The S&P's hair trigger has been especially sensitive latelyUnless you've been hiding under a rock, you're probably aware that the stock market has been pretty volatile lately, especially compared to the slow burn higher of 2017. Day traders especially might have noticed the massive intraday swings we've experienced lately; for instance, the Dow erased a 500-point deficit to end higher Monday, and...Read More

A South African consortium called Project Halo has submitted the winning bid of 3.05 billion rand ($215 million) for three major assets of Tegeta Exploration & Resources (Pty) Ltd., the Gupta family-linked mining company under administration since February.Project Halo will buy Optimum Coal Mine (Pty) Ltd., for a maximum of 2.8 billion rand, Koornfontein Mines (Pty) Ltd. for 200 million rand and O...Read More

A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More

The drug company's experimental Tourette's treatment failed a mid-stage study Shares of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) are down 21% at $67.77, after the company said its Tourette's drugfailed a mid-stage trial. The dramatic early drop sent NBIX stock to a new annual low of $64.72, and the security is pacing for its worst day since September 2013. NBIX has surrendered roughly 47% since...Read More

Voters in the world's second-largest producer of mined copper and zinc cast out some fierce opponents of giant mines, ushering in a change of guard that could potentially lure investments to some of Peru's most impoverished regions.Citizens in Cajamarca, the South American nation's poorest region, elected pro-investment candidate Mesias Guevara, ending the rule of an anti-mining movement that has...Read More

Voters in the world's second-largest producer of mined copper and zinc cast out some fierce opponents of giant mines, ushering in a change of guard that could potentially lure investments to some of Peru's most impoverished regions.Citizens in Cajamarca, the South American nation's poorest region, elected pro-investment candidate Mesias Guevara, ending the rule of an anti-mining movement that has...Read More

ATHENS, Dec 12 (Reuters) - Greece is trying to avert the possible closure of Europe's biggest nickel producer Larco and is looking at ways to ensure there are no interruptions to its electricity supply, the country's energy ministry said on Wednesday.Larco, which is 55 percent owned by the Greek state, owes about 280 million euros in unpaid electricity bills to state-controlled power utility Pub...Read More

U.K. Prime Minister Theresa May is facing a vote of no-confidence from members of her own Conservative party on Wednesday. Here's what investors need to know about it and what it means for Brexit. The vote is expected after the London close, around 6 p.m. to 8 p.m. local time (1 p.m.-3 p.m. Eastern U.S. time), with results expected around 9 p.m. (4 p.m. Eastern). First of all, the leadership chall...Read More

KBW is cautious on the banking sector in 2019KBW is cautious on the banking sector in 2019, saying it does not "see enough positive catalysts emerging," and suggesting traders "stick with quality and self-help stocks." Additionally, the brokerage firm downgraded several bank stocks to "market weight" from "overweight," including Bank of America Corp (NYSE:BAC). KBW also dropped its BAC price targe...Read More