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

KINSHASA, Nov 29 (Reuters) - The authorities in Democratic Republic of Congo will audit the supply chain for Glencore's Kamoto project next week to determine where small amounts of uranium detected in its cobalt come from, the mines minister said on Thursday.Glencore subsidiary Katanga Mining said on Nov. 6 it had halted cobalt exports from Kamoto in southeastern Congo while it builds a facility t...Read More

SANTIAGO, Nov 29 (Reuters) - Chile's Codelco, the world's largest copper producer, said on Thursday that mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.The state-run copper miner earned $1.42 billion pretax between January and September as production costs jumped 5 percent to $1.39 from the year-ago peri...Read More

Nov 29 (Reuters) - Detour Gold Corp said on Thursday Chief Executive Officer Michael Kenyon will head the company until it finds a permanent replacement, pushing back against hedge fund Paulson & Co's demand to immediately replace him.Paulson & Co, which has a stake of about 6 percent in the miner, has pushed for Kenyon's resignation, saying the company had "unsuccessfully tried to boost short-ter...Read More

The Dow components are enjoying bullish analyst notes this morningBoeing Co (NYSE:BA) yesterday gained nearly 5% amid the broad-market tailwinds, closing atop its 10-day moving average for the first time in over two weeks, while technical traders may have also noticed a quick rebound back above the longer-term 320-day moving average, as well. Prior to Nov. 19, the shares had not closed below this...Read More

Yesterday was the Dow's best session since MarchDow Jones Industrial Average (DJIA) futures are signaling a pullback, after the index enjoyed its best session since March yesterday. The optimism generated from Fed Chair Jerome Powell's dovish comments on interest rates has seemingly worn off, replaced by tension ahead of this weekend's G-20 summit, where U.S. and Chinese leaders are expected to...Read More

World's top diamond producer by output Alrosa (MCX:ALRS) made $90 million in six auctions held in Israel this year.The auctions were for large rough diamonds, with the latest one focusing on special size gems larger than 10.8 carats - and it fetched $17 million. 100 companies from Israel, Belgium, Hong Kong, India, UAE, the US, and Russia were invited to participate, and 44 took home the coveted s...Read More

World's top diamond producer by output Alrosa (MCX:ALRS) made $90 million in six auctions held in Israel this year.The auctions were for large rough diamonds, with the latest one focusing on special size gems larger than 10.8 carats - and it fetched $17 million. 100 companies from Israel, Belgium, Hong Kong, India, UAE, the US, and Russia were invited to participate, and 44 took home the coveted s...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

A hidden gem trading under a secret name could be the key to retirement riches.Picture theperfect stock 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...Read More

UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More

UK-based Altus Strategies (AIM: ALS, TSX-V: ALTS) announced the discovery of what the company calls "the Simret silver prospect" at its 100%-owned Daro project, located in the Tigray Regional State of northern Ethiopia.In a media statement, the project generator said that Simret showed silver grades that include 944 g/t Ag and 540 g/t Ag, which were taken from rock chip sampling of quartz veins. L...Read More

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), and For Heroes Only are pleased to announce a partnership to create and launch a new subscription-based program.For Heroes Only uplifts and inspires kids to live healthy, thriving and happy lives. By mixing technology, medias, pedagogy and storytelling together into never ending real life adventur...Read More

Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has entered into an agreement with CBD Science Processing Corp. (CBD Science) to supply a Portable Extraction and Processing Facility, to be delivered in Q1 2019.The Portable Extraction and Processing facility is self-contained and includes turnkey components from Quadron's portf...Read More

Investing.com - Gold prices were virtually flat on Wednesday morning trade in Asia, with little investor activity and no clear catalysts to drive prices in either direction.Gold futures for February delivery were up 0.1% to $1,221.10 by 10:15PM ET (03:13AM GMT) on the Comex commodity exchange.Gold has been moving for almost two weeks within a relatively narrow range within a few dollars in either...Read More

* Prices slump more than 30 pct since the beginning of October* U.S. crude inventories up 14 pct in last 10 weeks* OPEC and allies meet next week to discuss supply cuts* Saudi Arabia says it will not cut oil output alone (Updates to settlement, adds quotes)By David GaffenNEW YORK, Nov 28 (Reuters) - Oil prices fell about 2.5 percent on Wednesday after U.S. crude inventories rose for the 10th strai...Read More

Nov 28 (Reuters) - U.S. stocks rose higher on Wednesday after Federal Reserve Chairman Jerome Powell said that the gradual interest-rate hikes are meant to balance risks as it tries to keep the economy on track.At 12:01 a.m. EDT the Dow Jones Industrial Average .DJI was up 303.60 points, or 1.23 percent, at 25,052.33, the S&P 500 .SPX was up 23.41 points, or 0.87 percent, at 2,705.58 and the N...Read More

* NSE index end up 0.4 pct, BSE index 0.6 pct higher* Nifty IT index up 2.9 pct, Yes Bank top pct loserNov 28 (Reuters) - Indian shares closed higher for the third straight session on Wednesday, helped by IT stocks such as Tata Consultancy Services Ltd TCS.NS and Infosys Ltd INFY.NS , although investor sentiment was cautious ahead of the expiry of futures and options contracts later this wee...Read More

* Plant shut in May after 13 people killed in protests* Vedanta not given notice, opportunity to explain its position* National Green Tribunal to give verdict on Dec. 7 (Adds quotes, details of plant)By Mayank Bhardwaj and Sudarshan VaradhanNEW DELHI, Nov 28 (Reuters) - An Indian court-appointed panel said on Wednesday that there were insufficient grounds to permanently close Vedanta Ltd's VDAN.NS...Read More

(Repeats to additional subscribers without change to text)* Plant shut in May after 13 people killed in protests* Vedanta not given notice, opportunity to explain its position* National Green Tribunal to give verdict on Dec. 7By Mayank Bhardwaj and Sudarshan VaradhanNEW DELHI, Nov 28 (Reuters) - An Indian court-appointed panel said on Wednesday that there were insufficient grounds to permanently c...Read More

NEW DELHI, Nov 28 (Reuters) - An Indian court-appointed panel said a government order to close down resources company, Vedanta Ltd's VDAN.NS copper smelter after protests by environment activists turned violent was a case of administrative overreach, said lawyers involved in the case.The committee set up by the National Green Tribunal said the closure of the plant in southern Tamil Nadu (NS:TNNP)...Read More