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

Renforth Resources (CSE:RFR) (Read full newsRead More

Australia-based Forefront played a significant role in the future of international mine safety when it launched an innovative application product to the worlds' mining community at the fourth International Symposium on Block and Sublevel Caving, held in Vancouver October 2018.The event presented the perfect opportunity to launch HEX-RITE, a lifting tool used for charging high explosives into drawp...Read More

Australia-based Forefront played a significant role in the future of international mine safety when it launched an innovative application product to the worlds' mining community at the fourth International Symposium on Block and Sublevel Caving, held in Vancouver October 2018.The event presented the perfect opportunity to launch HEX-RITE, a lifting tool used for charging high explosives into drawp...Read More

Minnesota- based Tacora Resources has secured the needed cash to restart the Scully iron ore mine at Wabush, Newfoundland. Funds are available from a $212 million private equity and senior secured debt financing as well as up to $64 million in mining equipment and debt financing.Tacora acquired the Scully mine in July 2017 and conducted a feasibility study for the mine's reopening. The results w...Read More

Minnesota- based Tacora Resources has secured the needed cash to restart the Scully iron ore mine at Wabush, Newfoundland. Funds are available from a $212 million private equity and senior secured debt financing as well as up to $64 million in mining equipment and debt financing.Tacora acquired the Scully mine in July 2017 and conducted a feasibility study for the mine's reopening. The results w...Read More

FREETOWN - Sierra Leone President Julius Maada Bio has called for an immediate end to a strike at Iluka Resources' mining unit Sierra Rutile, which has shuttered operations since last week.The strike is the second in the past month at Sierra Rutile, one of Sierra Leone's largest companies, following a week-long stoppage in October that led Iluka to cut its output forecast of rutile, which is used...Read More

Funding shortfalls see large U.S. public pension funds turning to opportunistic investments, which often involve overhauling something that retirement systems hope to sell at a profit, sometimes taking on debt to finance construction.Read full newsRead More

Additional drilling at its 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project's resource estimate from a maiden resource estimate in 2015, according to Tinka Resources (TSXV: TK). The carbonate replacement deposit at Ayawilca contains two different types of mineralization; tin-copper mineralization (the tin zone...Read More

Additional drilling at its 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project's resource estimate from a maiden resource estimate in 2015, according to Tinka Resources (TSXV: TK). The carbonate replacement deposit at Ayawilca contains two different types of mineralization; tin-copper mineralization (the tin zone...Read More

UTX has ended December higher nine times over the past 10 yearsIt's been a rough day for blue chip United Technologies Corporation (NYSE:UTX) down 5.7% to trade at $120.56. Driving the stock lower is the announcement that the company will split into three separate entities: aerospace, elevators, and building divisions. It is one of the biggest companies ever to pursue such a split, and has been u...Read More

Deutsche Telekom on Monday said it will launch a network of electric vehicle cha...Read full newsRead More

The S&P and Nasdaq have both traded in positive territory todayAfter starting the day in negative territory on new tariff threats from U.S. President Donald Trump, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have tested positive territory, though the former was last seen in the red once again. Meanwhile, a sharp sell-off from United Technologies (UTX) is keeping pressure on the Dow Jones I...Read More

Plus, 23 other stocks that tend to struggle in the final month of the yearOn Monday, we outlined 25 stocks to buy before December, if history is any indicator. Today, we're focusing on the worst-performing stocks in the final month of the year, historically. Among them are video game makers Take-Two Interactive Software, Inc. (NASDAQ:TTWO) and Activision Blizzard, Inc. (NASDAQ:ATVI). Below are th...Read More

Demand for electric cars will continue to surge irrespective of oil prices as consumers buy into a technology aimed at making driving fun while being environmentally friendly, according to Royal Dutch Shell Plc."It's a technology many of our customers like," Istvan Kapitany, head of Shell's global retail business, said in an interview in St. Petersburg, Russia. "They get a joy out of it, they feel...Read More

UAL will present at a Credit Suisse conference this weekThe shares of United Continental (NYSE:UAL) have continued to push higher, up almost 59% year-over-year and notching an all-time closing high on Friday. Prior to this, a pullback was neatly contained near the site of UAL's September high and the 20-day moving average. The outperforming airline name looks poised to keep rolling, especially wit...Read More

LONDON - Nigeria has awarded a mining contract to ten exploration and consulting companies as part of the country's efforts to develop the sector, the mining and steel development minister said on Tuesday.Abubakar Bawa Bwari did not say how much the contracts were worth but in July he had said eight firms would be awarded a government contract to the tune of 12.7 billion naira ($41.5 million).Nige...Read More

LONDON - Nigeria has awarded a mining contract to ten exploration and consulting companies as part of the country's efforts to develop the sector, the mining and steel development minister said on Tuesday.Abubakar Bawa Bwari did not say how much the contracts were worth but in July he had said eight firms would be awarded a government contract to the tune of 12.7 billion naira ($41.5 million).Nige...Read More

Spirit Airlines shares touched a new annual highSpirit Airlines Incorporated (NYSE: SAVE) stock is up in almost 21% to trade at $61.58 this morning -- and earlier notched a new three-year high of $62.01 -- after the company upped its fourth-quarter unit revenue guidance, based on an increase in non-ticket revenue such as luggage and seating, as well as a higher load factor. As such, a pair of anal...Read More

Gold prices headed lower for a third straight session Tuesday, with a key dollar benchmark strengthening on the back of weakness in the euro and British pound, as traders eyed news tied to the U.K.'s exit from the European Union. U.S. stock indexes were mixed, offering little support to the haven metal even as remarks from President Donald Trump stoked fresh anxieties about the prospects of a nea...Read More

Anglo American (LON:AAL) has increased its copper production guidance from its Chilean operations this year to 660,000 tonnes, up from a range of 630,000 to 660,000 tonnes previously anticipated, based on planned expansions at its Los Bronces and Collahuasi mines.The world's number four diversified miner has also set new targets for the next three years. It now expects to generate between 630,000...Read More