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

Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile's geological gold potential by closing two deals with exploration juniors in the South American country, the world's top copper producer.The Melbourne-based company kicked off the week by signing an option agreement with Canada's Cornerstone Capital (TSX-V:CGP), which could result in the gold miner acquiring up to a 75% int...Read More

Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile's geological gold potential by closing two deals with exploration juniors in the South American country, the world's top copper producer.The Melbourne-based company kicked off the week by signing an option agreement with Canada's Cornerstone Capital (TSX-V:CGP), which could result in the gold miner acquiring up to a 75% int...Read More

Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile's geological gold potential by closing two deals with exploration juniors in the South American country, the world's top copper producer.The Melbourne-based company kicked off the week by signing an option agreement with Canada's Cornerstone Capital (TSX-V:CGP), which could result in the gold miner acquiring up to a 75% int...Read More

Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile's geological gold potential by closing two deals with exploration juniors in the South American country, the world's top copper producer.The Melbourne-based company kicked off the week by signing an option agreement with Canada's Cornerstone Capital (TSX-V:CGP), which could result in the gold miner acquiring up to a 75% int...Read More

Some of the world's biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit.The world's biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it's too rich for them to do it on their own.The technology siphons...Read More

TRV's 200-day moving average has been resistance for monthsTravelers Companies Inc (NYSE:TRV) is trading up 0.9% this morning at $124.18, trying to overcome a bear note out of RBC. The brokerage firm downgraded the insurance giant to "sector perform" from "outperform" and dropped its price target to $133 from $143. Citing the California wildfires and Hurricane Michael, RBC lowered its fourth-quart...Read More

ENTX is on track to trade near its late-October highsThe shares of Entera Bio Ltd. (NASDAQ:ENTX) are up 26.3% in electronic trading, after the biotech name announced a licensing deal with Amgen (AMGN) to collaborate on oral treatments for inflammatory diseases and other serious illnesses. Entera will receive up to $270 million in milestone payments, and will retain all property rights to its oral...Read More

Trump tweeted about "productive conversations" with BeijingFollowing Monday's volatile session, Dow Jones Industrial Average (DJIA) futures are trading more than 375 points above fair value this morning on news of fresh trade talks between Washington and Beijing. In addition to an overnight phone call between Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer, and Chine...Read More

GABORONE - Mowana Mine, Botswana's only operating copper mine, has suspended operations due to working capital constraints which has seen the company fail to pay salaries and suppliers, it said on Tuesday.Mowana had a conditional $4 million working capital facility from Fujax Minerals and Energy Limited, from which it had drawn down $1 million.Copper prices on the international market have been re...Read More

GABORONE - Mowana Mine, Botswana's only operating copper mine, has suspended operations due to working capital constraints which has seen the company fail to pay salaries and suppliers, it said on Tuesday.Mowana had a conditional $4 million working capital facility from Fujax Minerals and Energy Limited, from which it had drawn down $1 million.Copper prices on the international market have been re...Read More

The 64-week moving average for AAPL just switched roles to act as resistanceIt wasn't that long ago that Wall Street was celebrating Apple's (AAPL) record-setting incursion into trillion-dollar market cap territory -- and so the spate of recent headlines (perhaps colored with the faintest tint of Schadenfreude?) crowing that Microsoft (MSFT) had now surpassed its cooler, upscale rival in terms of...Read More

Lithium Australia (ASX: LIT) announced today that it has expanded its holdings in Western Australia by completing the formalities on an option over the Youanmi lithium project, located in the Archean Yilgarn Block, 450 kilometres north-east of Perth.In a media statement, Lithium Australia said that the project consists of three exploration licences that were secured through completion of a binding...Read More

Antipa Minerals (ASX:AZY), the company conducting exploration at a Western Australia-based copper project with partner Rio Tinto (ASX, LON, NYSE:RIO), said Tuesday it had so far failed to find any economically viable veins of ore at the asset.In an update Tuesday, the junior miner noted "weak mineralization" in the Folly target area that is part of the Citadel project, located in the Paterson pro...Read More

Global miner Anglo American (LON:AAL) is ending 2018 on a high note, the company reported Tuesday. Anglo expects total production for the year to be 2% above of previous guidance, with costs decreasing by 5%."We are also confident about the outlook, with production expected to increase by 3% in 2019, with cost inflation fully absorbed by our productivity and cost improvements," chief executive M...Read More

Global miner Anglo American (LON:AAL) is ending 2018 on a high note, the company reported Tuesday. Anglo expects total production for the year to be 2% above of previous guidance, with costs decreasing by 5%."We are also confident about the outlook, with production expected to increase by 3% in 2019, with cost inflation fully absorbed by our productivity and cost improvements," chief executive M...Read More

Despite gold firming of late, silver continues to languish at below US$15 per ounce, triggering considerable speculation that the white metal may never recover. This has had a sharp impact on primary silver miners, causing many to fall substantially in value since the start of 2018. While the poor outlook for the white metal bodes poorly for many silver miners, it shouldn't deter contrarian invest...Read More

Cadence CEO Kiran Morzaria reportedly implied to those on the call Bacanora would raise cash at 25p (US31.5c), which would have been a discount to the share price at Friday's market close....Read More

The company said Monday it continued to work with the local and national governments to resolve the situation and remained cautiously confident the Ministerio Público and local police would enforce the rule of law. Until such time, operations might remain suspended, Aura said."We are obviously extremely disappointed and frustrated that we have experienced another invasion from a small numbe...Read More

Share this articleEDMONTON - Alberta is looking for someone to build a new oil refinery, but Premier Rachel Notley says any deal needs to work for both industry and taxpayers."The project must make sense for Alberta," Notley said Tuesday. "It must have a return on investment for Albertans, and it must diversify the way we use the energy resources that we as Albertans all own."Notley announced the...Read More

Share this articleTORONTO - Canada's main stock index was higher in late-morning trading, boosted by gains in the consumer staples sector as well as in financial and industrial stocks.The S&P/TSX composite index was up 69.40 points at 14,797.68.In New York, the Dow Jones industrial average was up 110.23 points at 24,533.49. The S&P 500 index was up 19.11 points at 2,656.83, while the Nasdaq compos...Read More