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
Colombian Forjando Futuros foundation issued a report accusing 33 companies and 150 individuals, both foreign and Colombian, of forcing people living in rural communities out of their land.According to the document, the forced displacement was ordered by the firms and individuals but executed by either the National Army or the guerrilla group known as the Revolutionary Armed Forces of Colombia.The...Read More
Colombian Forjando Futuros foundation issued a report accusing 33 companies and 150 individuals, both foreign and Colombian, of forcing people living in rural communities out of their land.According to the document, the forced displacement was ordered by the firms and individuals but executed by either the National Army or the guerrilla group known as the Revolutionary Armed Forces of Colombia.The...Read More
Colombian Forjando Futuros foundation issued a report accusing 33 companies and 150 individuals, both foreign and Colombian, of forcing people living in rural communities out of their land.According to the document, the forced displacement was ordered by the firms and individuals but executed by either the National Army or the guerrilla group known as the Revolutionary Armed Forces of Colombia.The...Read More
A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfectstock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands o...Read More
By Malini MenonNEW DELHI, Dec 8 (Reuters) - Dozens of chartered planes carrying celebrities, including former U.S. secretary of state Hillary Clinton, flew into a sleepy airport in western India for the lavish pre-wedding festivities for the daughter of India's richest man.Isha Ambani, 27, daughter of Reliance Industries RELI.NS chairman Mukesh Ambani, will marry Anand Piramal, 33, in the financ...Read More
(For a live blog on the U.S. stock market, click LIVE/ or type LIVE/ in an Eikon news window.)* S&P 500 erases most gains from week earlier* Technology, Internet shares lead declines* Dow transports post biggest weekly loss in over 7 years* Biotech Moderna falls in market debut* Indexes down: Dow 2.24 pct, S&P 500 2.33 pct, Nasdaq 3.05 pct (Updates with close of U.S. trading)By Lewis Kra...Read More
Dec 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:** Activist investor Elliott has taken a position in Germany's Bayer BAYGn.DE , the latest in a string of investments in German companies, three people familiar with the matter told Reuters. Brazilian food processor BRF SA BRFS3.SA has agreed on the sale of around 800 million reais ($206 m...Read More
(IDEX Online) - The global diamond industry emerged stronger in 2017 with 2 percent growth across all segments of the value chain, following a period of high volatility, according to the Bain & Company report on the industry's performance in 2017 and the first half of this year. In line with positive luxury market trends, global diamond jewelry sales grew last year, fueled by stro...Read More
(IDEX Online) - Lucapa Diamond Company said that commercial diamond recoveries have commenced at the new treatment plant at the Mothae diamond mine in Lesotho. Managing Director Stephen Wetherall said the commencement of commercial recoveries through the new 1.1Mtpa Mothae plant represented another key milestone in Lucapa's strategic development plan. "Lucapa is on track to become on...Read More
One of the major drags on the market, besides trade wars, has been uncertainty about whether the Fed will raise rates this month. Despite the verbal bravado of Federal Reserve Chairman, Jerome Powell, over how strong the U.S. economy is, he doesn't live in a vacuum.Powell's borne the brunt of President Trump's recent accusations that the Fed's hikes are what's hurting the stock market and threaten...Read More
For the Eastern Washington town of Republic, dreams of revival rest on a new approach to gold mining.Read full newsRead More
The statement accuses Canada ofRead full newsRead More
For the Eastern Washington town of Republic, dreams of revival rest on a new approach to gold mining.Read full newsRead More
To help make sure your next airport selfie is on fleek, Herschel is giving away the ultimate travel gear prize pack, valued at over $1,200.Read full newsRead More
To help make sure your next airport selfie is on fleek, Herschel is giving away the ultimate travel gear prize pack, valued at over $1,200.Read full newsRead More
Trading options is often scary... but it doesn't have to be!It's the biggest mistake options traders make... and it's the reason why 9 people out of 10 quit options...Most options traders fall for the same trap - they "buy" an option and end up losing money on 90% of their trades.Of course, any options player knows that losing trades are part of the game. But it doesn't mean losing has to be the n...Read More
Getting "funded" means traders can take risks without putting their own money on the line.It is possible to build a large portfolio and never lose money from a trade ever again.Need proof?Here's how it works... Every day, "regular" traders turn into professional part-time "funded traders" using a unique trading program.All it takes is undergoing training, and learning the materials.Then someone li...Read More
Researchers from Chalmers University of Technology, the University of Gothenburg,the University of Jyv??skyl??, and Stanford University have found a way to make the surface of a gold object melt at room temperature.The discovery came as a fluke after the scientists started analyzing the yellow metal to its most intrinsic and smallest components.First, they placed a small piece of gold in an electr...Read More
Researchers from Chalmers University of Technology, the University of Gothenburg,the University of Jyv??skyl??, and Stanford University have found a way to make the surface of a gold object melt at room temperature.The discovery came as a fluke after the scientists started analyzing the yellow metal to its most intrinsic and smallest components.First, they placed a small piece of gold in an electr...Read More
Researchers from Chalmers University of Technology, the University of Gothenburg,the University of Jyv??skyl??, and Stanford University have found a way to make the surface of a gold object melt at room temperature.The discovery came as a fluke after the scientists started analyzing the yellow metal to its most intrinsic and smallest components.First, they placed a small piece of gold in an electr...Read More