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

* NSE index up 0.54 pct, BSE 0.45 pct higher* F&O expiry on ThursdayNov 27 (Reuters) - Indian shares ended higher for a second consecutive session on Tuesday, mirroring the previous session's move of a surge in the last two hours, ahead of the expiry of futures and options contracts later this week.The benchmark BSE index .BSESN closed up 0.45 percent at 35,513.14.The broader NSE index .NSEI e...Read More

(New throughout, updates prices, market activity and comments)* Dollar rises to nearly two-week high* Silver, platinum fall to lowest in nearly two weeks* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXlBy Swati VermaNov 27 (Reuters) - Gold fell on Tuesday to its lowest in more than a week, as the dollar rallied after comments from U.S. Federal Reserve Vice Chair Richard Clarida bolstered expe...Read More

* Dow, S&P end up with Nasdaq flat* United Tech decline weighs on Dow* Materials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.netDOW, S&P CLO...Read More

* Dow, S&P up with Nasdaq flat as Apple pares losses* United Tech decline weighs on Dow* Materials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.n...Read More

* Indexes marginally higher; Apple pares losses* United Tech decline weighs on Dow* Materials, industrials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reute...Read More

* Car makers lead losers* STOXX retreats from one-week high, down 0.2 pct* Thomas Cook (NS:THOM) tanks after another profit warning (Adds quotes, context)By Danilo Masoni and Julien PonthusMILAN, Nov 27 (Reuters) - European shares fell on Tuesday after a new threat by Washington to impose more tariffs on Chinese products and fears the trade war could spread to Europe after a report in Germany of p...Read More

MILAN, Nov 27 (Reuters) - European shares fell in morning deals on Tuesday as the focus turned to possible developments in the Sino-U.S. trade dispute after a fresh threat from Washington to impose tariffs on more Chinese imports, while Thomas Cook (NS:THOM) tanked on a profit warning.The pan-European STOXX 600 .STOXX benchmark was down 0.3 percent by 0822 GMT, pulling back from the one-week high...Read More

(Updates with company news and futures)Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers, with FTSE 100 futures FFIc1 roughly flat ahead of the market open.* OIL: Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC's top producer pushes for supply cuts ahead of the group's m...Read More

Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers.* OIL: Oil markets were trading cautiously on Tuesday, with mixed signals from top exporter Saudi Arabia ahead of an OPEC meeting in Austria next week. International Brent crude oil futures LCOc1 were down 0.3 percent at $60.30 per barrel as at 0530 GMT. GO...Read More

Over the course of the past few months, we've been hearing more and more about the growing crisis emerging from the oil-rich province of Alberta. Specifically, Canada's pipelines are heavily backed up and at capacity and unable to meet the growing demand to reach refineries within the U.S.Additionally, a growing discontent from just about anywhere outside of Alberta towards building pipelines to r...Read More

Russel Metals Inc. (TSX:RUS), is once again hitting 52-week lows. The Canadian metal manufacturer has been under pressure from a variety of sources which has caused the stock to sell off significantly over the last couple of weeks. This stock has a number of positive attributes that could potentially make it a value investors dream.The fact that the oil price, especially in Canada, has been under...Read More

Investors responded, sending the little-traded Altus' share price up 6.8% to 3.8p (US4.85c).The boost came from rock chip sampling at the Simret prospect, which is part of the Daro VMS project.The highest numbers from the 31-sample programme were 944g/t and 540g/t silver, and 3.55g/t gold.Altus CEO Steve Poulton said the numbers showed the possibilities of the region's copper-gold-silver mineralis...Read More

The reduced rate of steel production and falling profitability is being blamed by China's steel mills on the US versus China trade war which is starting to hit construction and manufacturing, tw...Read More

Logging diamond drill core at the Hank Project in B.C.'s Golden Triangle region. Source: Golden Ridge Resources Ltd.Golden Ridge Resources Ltd. [GLDN-TSXV] shares were active again Wednesday November 28 after the company reported additional assay results from drilling on the Williams Zone at its Hank Project in British Columbia's Golden Triangle District.The stock was down 31.03% or $0.045 to 10 c...Read More

Madsen Mine portal and ramp entrance, Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV] said Wednesday November 28 that it is pleased with the results of a test mining program which has now been completed at its 100%-owned Madsen Gold Project in Red Lake, Ontario.Pure Gold shares advanced on the news, rising 5.45% or $0.03 to 58 cents. The 52-week range is 46 cents a...Read More

(IDEX Online) - Registration for the next International Diamond Week in Israel (IDWI), to be held January 28 - 30, 2019, is proceeding at a brisk pace, according to the Israel Diamond Exchange (IDE) which is organizing the event.   The IDE noted that buyers had registered from all over the world, and included a high percentage of new participants. Moreover, official delegations are being org...Read More

(IDEX Online) - Mountain Province Diamonds Inc. reported that production guidance for the for the Gahcho Ku?(C) Mine in the three-year period 2019 to 2021 provides evidence of "a sustainable and smooth mining rate as the mine performance maintains a steady state".   For fiscal year 2019, 6.6 million carats - 6.9 million carats were recovered, with production costs of $110 - $120 per tonne pro...Read More

(IDEX Online) - Zimbabwe does not plan to change its ownership rules for diamonds, its mining minister said on Monday, hitting hopes among some investors of a more friendly approach.   The country's indigenization law states that the government must hold 51% of diamond and platinum mines.   Zimbabwe changed its empowerment law in March limiting the rules that mandate majority state...Read More

(IDEX Online) - CEDEX, the first certified Blockchain based diamond exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets, has launched the beta version of its diamond commodity exchange.   The move comes seven months after raising more than $20 million in an Initial Coin Offering (ICO).   CEDEX says it platform connects...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedImperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the...Read More