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

Aurania Resources' (TSXV: ARU) exploration team announced the discovery of silver-lead-zinc mineralization in grab samples that run as high as 325 g/t silver, 48% zinc, and 39% lead in its Lost Cities - Cutucu project in Ecuador.In a media statement, the Toronto-based miner said that the discovery was made between the new Tiria epithermal gold-silver target and the Jempe copper porphyry zone.Accor...Read More

Aurania Resources' (TSXV: ARU) exploration team announced the discovery of silver-lead-zinc mineralization in grab samples that run as high as 325 g/t silver, 48% zinc, and 39% lead in its Lost Cities – Cutucu project in Ecuador.In a media statement, the Toronto-based miner said that the discovery was made between the new Tiria epithermal gold-silver target and the Jempe copper porphyry zone...Read More

The body representing the mining industry in Canada's Nova Scotia province is calling on governments and companies to do a better job of managing project developments, so exposure to radon and uranium can be reduced.Radon is a naturally-occurring gas produced by radioactive decay of uranium, and it is found in measurable quantities in all rocks and soils in Nova Scotia.Radon is a naturally-occurri...Read More

Aurania Resources' (TSXV: ARU) exploration team announced the discovery of silver-lead-zinc mineralization in grab samples that run as high as 325 g/t silver, 48% zinc, and 39% lead in its Lost Cities - Cutucu project in Ecuador.In a media statement, the Toronto-based miner said that the discovery was made between the new Tiria epithermal gold-silver target and the Jempe copper porphyry zone.Accor...Read More

* Russia accepts need for cuts, bargains with Saudi -sources* Optimism on trade talks ahead of G20 meeting* U.S. inventories rise for 10th straight week* U.S. crude reserves hit record highs in 2017 -EIA (Adds settlement prices)By Jessica Resnick-AultNEW YORK, Nov 29 (Reuters) - Oil reversed course and rose as much as 2 percent on Thursday, after industry sources said Russia had accepted the need...Read More

Nov 29 (Reuters) - The Indian rupee rose to a three-month high against the dollar on Thursday while bond yields were at their lowest levels since early May as most Asian markets rallied following the U.S. Federal Reserve's comments, helping boost appetite for riskier assets.Fed Chair Jerome Powell said the Fed's policy rate is now "just below" a level that neither brakes nor boosts a healthy econo...Read More

(Repeats item first published on Wednesday with no changes to text)* BJP faces major challenges in retaining 3 Hindi-speaking states* Party won 95 percent of seats in the states in 2014 election* BJP could lose Madhya Pradesh, state it has ruled for 15 years* Modi's chances of retaining power hurt if BJP loses the 3 states* Big BJP losses could lead to sell-off in financial marketsBy Rajendra Jadh...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 0.8 pct; Midcaps up 0.6 pct* Intu sinks after consortium abandons bid, sends shivers through property sector* Investors mourn UK funeral sector probe; Dignity sinksBy Josephine MasonLONDON, Nov 29 (Reuters) - UK shares jumped almost 1 percent on Thursday as Wall Street's rally spread across Europe after the Fed...Read More

* NSE index up 0.9 pct, BSE index up 1 pct* Hindalco Industries top gainer* Yes Bank hits over 2-1/2-yr low on debt downgradeBy Krishna V KurupNov 29 (Reuters) - Indian shares rose 1 percent on Thursday, tracking broader Asian markets that rallied after the U.S. Federal Reserve chairman's comments were interpreted as a dovish shift, and ahead of the expiry of futures and options contracts late...Read More

The stocks of Franco-Nevada (TSX:FNV)(NYSE:FNV) and Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) both experienced lows on September 11. However, Franco-Nevada stock has fared much better by appreciating about 16% while Wheaton Precious Metals stock is only trading about 2% higher since then.The two companies are in a similar line of business. Why is there a big difference in their recent price acti...Read More

There is growing conjecture that now is the time for investors to bolster their exposure to gold. The yellow metal has again rebounded, rising to just over US$1,220 per ounce as fears of a market correction and slower than expected economic growth coupled with rising geopolitical risk have spooked investors. While they typically think of senior miners like Barrick Gold Corp. and Goldcorp Inc. when...Read More

Canadian savers are constantly searching for reliable stocks to add to their RRSP portfolios.For much of 2018, the market appeared expensive, but the recent correction is finally giving buy-and-hold investors an opportunity to pick up some top names on the TSX Index at attractive prices.Let's take a look at Suncor (TSX:SU) (NYSE:SU) and Nutrien (TSX:NTR) (NYSE:NTR) to see if one deserves to be on...Read More

This year has been a very difficult time for silver investors and miners. The white metal has fallen by over 16% since the start of 2018 to be trading at around US$14.60 per ounce, and there are signs that a recovery is a long way off.Nonetheless, this shouldn't deter investors from acquiring primary silver miner Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS). Recent developments indicate that...Read More

The company has the Elandsfontein phosphate project on South Africa's west coast, is in the process of buying the Hinda phosphate project in the Republic of Congo and also has the rights to the Aflao prospect in Ghana. Elandsfontein is currently under care and maintenance after six weeks of operation in 2017, and needs around US$16 million to get back into production. The compa...Read More

The surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More

"This gives them the ability to analyse and upload field data in real-time from the most isolated locations around Australasia," Inmarsat said in a statement.Imdex's (ASX: IMD) cloud-based hub aggregates and transmits field data from subsurface instrumentation and mobile units, allowing an automated and instant upload of the data to a company's headquarters.Imdex's general manager product developm...Read More

The BMW i3 battery-powered automobile. Source: BMW Group.BMW Group is teaming up with BASF SE, Samsung SDI and Samsung Electronics to launch a cobalt pilot project in the Democratic Republic of Congo (DRC) in a bid to improve working conditions in artisanal mining operations as well as living conditions in surrounding communities.Cobalt, which is produced primarily as a by-product of copper and ni...Read More

Goldcorp's Pe??asquito gold mine about 200 km northeast of Zacatecas, Mexico. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX; GG-NYSE] says it has produced the first dor?(C) gold bar from the Pyrite Leach Project (PLP) at its 100%-owned Pe??asquito mine in Mexico. The aim of the project is to allow Pe??asquito to process ore which was previously considered uneconomic, including significant amounts alre...Read More

Working underground at SilverCrest's Las Chispas Project in Sonora, Mexico. Source: SilverCrest Metals Inc.SSR Mining Inc. [SSRM-TSX, NASDAQ] is acquiring a 9.9% stake in SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] by purchasing 8.2 million common shares of the company via a private placement.The total consideration is $30.7 million or $3.73, marking a 19% premium on the closing price of Silv...Read More

Quartz carbonate vein breccia with pyrite and chalcopyrite from the first ever drill hole on the Cole Target, KH18-18Metallis Resources Inc. [TSX-V: MTS; OTCQB: MTLFF] is pleased to announce the second set of assay results from the Company's 2018 drilling program at its 100%-owned Kirkham Property in the prolific Golden Triangle of northwest British Columbia. The first ever drill program at the Co...Read More