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

OPEC production cuts helped oil futures rack up a healthy gain for the weekStocks fell across the board today, with losses deepening as the session continued. Futures came off their lows ahead of the open after the November jobs report showed continued expansion in the labor market and wage growth, but the monthly gains were ultimately shy of expectations. Meanwhile, following Thursday's Huawei-dr...Read More

All three indexes are staring at steep weekly lossesIt was a brutal start to December for the stock market, as icy trade relations with China were once again at the forefront of market activity. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all heading toward steep weekly losses, despite starting the week off hot amid the U.S.-China trade truce. The m...Read More

Sentiment got way too dire on W stock after earningsWayfair Inc (NYSE:W) gapped drastically lower on Nov. 1, as traders reacted to a quarterly earnings report that had the online furnishings retailer reporting a wider-than-forecast per-share loss, even as revenue topped expectations.The dire reaction to Wayfair's financial results is perhaps most concisely summarized by a Wall Street Journal artic...Read More

The DJT is pacing for its biggest weekly loss in over seven yearsTransports have taken a hit during this week's broad-market sell-off, with the Dow Jones Transportation Average (DJT) pacing for its biggest weekly loss since August 2011-- down 7.9% so far. This pullback may have created attractive entry points for some names, with DJT component Union Pacific Corporation (NYSE:UNP) in particular fla...Read More

Gold futures settled Friday at their highest since July, logging their biggest weekly gain since August following market turmoil that sent stocks reeling and pressured Treasury yields and the U.S. dollar. Gold for February delivery GCG9, +0.84% on Comex rose $9, or 0.7%, to settle at $1,252.60 an ounce. For the week, gold was up 2.2%, which was the biggest such gain since a 2.5% rise in the week...Read More

Gold futures settled Friday at their highest since July, logging their biggest weekly gain since August following market turmoil that sent stocks reeling and pressured Treasury yields and the U.S. dollar. Gold for February delivery GCG9, +0.84% on Comex rose $9, or 0.7%, to settle at $1,252.60 an ounce. For the week, gold was up 2.2%, which was the biggest such gain since a 2.5% rise in the week...Read More

Pot stocks are popping after Altria's CRON stakeU.S. stocks are lower again today, amid lingering concerns about U.S.-China trade and after a tame jobs report. However, one group is bucking the trend: weed stocks. Aphria Inc (NYSE:APHA) is higher on a nod from Citron Research, while fellow pot stocks Aurora Cannabis Inc (NYSE:ACB) and Canopy Growth Corp (NYSE:CGC) are enjoying a halo lift from Cro...Read More

Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More

Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More

AKRX stock hit a multi-year low earlierThe shares of Akorn, Inc. (NASDAQ:AKRX) have plunged 19.4% to trade at $4.51, earlier bottoming at an eight-year low of $3.54. The stock is reacting to a Delaware court ruling, which upheld an October judgement that found Germany-based Fresenius (FMS) legally ended its $4 billion bid for Akron back in April. Against this backdrop, AKRX options volume is runni...Read More

Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes in both years.All-in sustaining costs for gold will come in at US$935 per oz. in 2019 and US$975 per oz. in 2020, while AISCs for copper will reach $2.45 per lb. next year and $2.55 per lb. in 2020.Longe...Read More

Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes in both years.All-in sustaining costs for gold will come in at US$935 per oz. in 2019 and US$975 per oz. in 2020, while AISCs for copper will reach $2.45 per lb. next year and $2.55 per lb. in 2020.Longe...Read More

Newmont Mining (NYSE: NEM) expects its attributable gold production will reach 5.2 million ounces in 2019 and 4.9 million ounces in 2020, while attributable copper production will be 45,000 tonnes in both years.All-in sustaining costs for gold will come in at US$935 per oz. in 2019 and US$975 per oz. in 2020, while AISCs for copper will reach $2.45 per lb. next year and $2.55 per lb. in 2020.Longe...Read More

The shares could be poised to break out of consolidation modeThe shares of animal drug maker Zoetis Inc (NYSE:ZTS) have taken a breather since touching a record high of $96.57 in early November. However, the outperforming equity could be ready to launch its next leg higher, with ZTS shares flashing historical buy signals.Specifically, Zoetis stock is back within one standard deviation of both its...Read More

Picture this: your circuit is optimized at a certain level and everything is going smoothly. Under your current conditions, you have maximized operations and are producing at optimal levels until circumstances change. Production requirements have increased due to greater market demands or different ore properties are discovered in sections of your mine.Ultimately, when it comes time to ramp up pro...Read More

A short article looking at the sound reasoning for using advanced slurry valves in a number of industries where targeted efficiencies and productivities require process parameters that may seem totally intolerable for materials and construction - namely nonstop exposure to abrasive and erosive solids that often move at very high velocities.Fully complying with engineering codes, safety standards a...Read More

In the world of modern-day mining, two considerations are always uppermost in company boardrooms. The safety of employees is the greatest priority, while the need to be competitive in increasingly tightening business conditions comes a very close second. Miners analyze every aspect of their operations in the minutest detail in search of the marginal gains necessary to improve efficiencies and boos...Read More

Oil prices are soaring after OPEC and Russia agreed to a production cutU.S. stocks are selling off again, with the Dow Jones Industrial Average (DJI) down more than 200 points at midday. A tepid November jobs report did little to jump-start markets this morning, with the blue-chip index pivoting sharply lower. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are firmly in the red as well, under...Read More

Located at G??llivare, Sweden, LKAB's Malmberget iron ore mine was facing high maintenance times on its conveyor systems due to wear and tear from material impact on the belt. After installing Metso's impact cradles and belt cleaners, the plant was able to extend belt life as well as significantly cut down on roller change-outs, reduce material spillage and improve safety.The end product for the c...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More