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

High risk/high reward. That's the bet being made by global lithium miners in Argentina who are brushing aside a recession, a currency crisis and political uncertainty in their hunger for the mineral that helps power electric cars.Rising demand and limited supply have resulted in lithium prices tripling over four years. In response, companies have been scrambling to build new mines, putting Argenti...Read More

U.S. stock markets are closed to honor President George H.W. BushU.S. stock markets are shuttered for a national day of mourning for President George H.W. Bush, who last week passed away at the age of 94. The last time Wall Street was shut down to honor someone was Jan. 2, 2007, after President Gerald Ford died. So, do these planned, non-holiday respites tend to invigorate stock market bulls, or j...Read More

The options market is pricing in a larger-than-usual post-earnings move for ULTA stockIt's been a pretty quiet stretch for Ulta Beauty Inc (NASDAQ:ULTA) stock, per its 60-day historical volatility of 26.7% -- in the 22nd annual percentile. The options market is bracing for big swing on Friday, after the cosmetics retailer takes its turn in the earnings confessional after the market closes tomorrow...Read More

Kroger will report earnings before tomorrow's openAlthough the stock market is closed today, things will pick back up tomorrow. Kicking things off bright and early will be Kroger Co (NYSE:KR), set to release its third-quarter report before the market opens Thursday, Dec. 6. Ahead of the event, options traders have been targeting calls, and anticipating another big post-earnings move.Looking at K...Read More

BENGALURU - Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50 percent in less than four months to record levels - just as gold failed to capitalize on some seemingly bullish scenarios.A sustained supply deficit coupled with robust demand and rising interest from speculators have pushed prices of palladium - used mainly in emissions-reducing cataly...Read More

Australia's Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017.The operation will add to the Perth-based company annual output, until now on depending on just one mine - Lulo, in Angola.The commercial recoveries are being processed through a 1.1 million tonne-per-year plant, which is a key milestone in Lucapa's develo...Read More

Australia's Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017.The operation will add to the Perth-based company annual output, until now on depending on just one mine - Lulo, in Angola.The commercial recoveries are being processed through a 1.1 million tonne-per-year plant, which is a key milestone in Lucapa's develo...Read More

Zimbabwe's government is letting two new private companies mine diamonds in the country and may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.Mines minister Winston Chitando said any company or person with title for diamonds would have to go into partnership with the four companies allo...Read More

Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More

Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More

Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More

How you can transform lagging indicators into leading indicators. From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of the trading world's constant need to stay ahead of the curve since the first exchange opened its door over 200 years ago.After all, every trader is always looking for an edge... Some way to predict what will happen next... And hopefully...Read More

Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More

Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More

Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More

Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More

Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More

Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More

Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday it was considering legal actions against the Malaysian government over the new conditions imposed on the company to renew its licence for a processing plant on the country's east coast.The miner, one of the world's main suppliers of rare earths outside China, said it was disappointed with the government's intention to impose new req...Read More

* OPEC works on deal to cut output, still needs Russia on board* Canadian supply cut lends support* Soaring U.S. output is OPEC's biggest headache* Texas oil output more than Iraq, OPEC's No.2 producer -Barclays (Adds API data)By Jessica Resnick-AultNEW YORK, Dec 4 (Reuters) - Oil prices pared gains in volatile trade on Tuesday amid fears that demand would stall due to a trade war between the Unit...Read More