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

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

Societe Miniere de Boke, which mines aluminum raw material bauxite in Guinea, signed agreements with the West African nation to spend $3 billion on a railway, an alumina refinery and the development of new mining areas.The 135-kilometer (84-mile) railway, which will link mining operations to a river terminal, will cost an estimated $1.2 billion and is expected to start operations in 2022, the grou...Read More

The two stocks are now staring at year-to-date lossesThis morning, two names in the healthcare sector are lower after receiving some bearish analyst attention. For starters, athenahealth, Inc (NASDAQ:ATHN) is down 0.3% to trade at $132.25, after Wells Fargo downgraded the IT services specialist to "market perform" from "outperform," while slashing its price target to $135 from $185. -- the per-sh...Read More

Both retailers reported quarterly profit and revenue missesWhile Amazon (AMZN) unveiled record Cyber Monday sales, Buckle Inc (NYSE:BKE) reported third-quarter earnings of 42 cents per share on $215.1 million in revenue -- lower than analysts were expecting. What's more, the retailer confirmed same-store sales for the three-month period plunged 1.4%. BKE stock has dropped 8.2% to trade at $19.17,...Read More

JOHANNESBURG - South Africa's Gold Fields is not acting in good faith in talks with the government over planned job cuts, mining minister Gwede Mantashe said on Monday, a setback for negotiations aimed at ending a weeks-long strike.Most workers at Gold Fields' struggling South Deep mine have been on strike since Nov. 2 over the company's plans to cut around 1,100 jobs, or 30 percent of its workfor...Read More

JOHANNESBURG - South Africa's Gold Fields is not acting in good faith in talks with the government over planned job cuts, mining minister Gwede Mantashe said on Monday, a setback for negotiations aimed at ending a weeks-long strike.Most workers at Gold Fields' struggling South Deep mine have been on strike since Nov. 2 over the company's plans to cut around 1,100 jobs, or 30 percent of its workfor...Read More

LONDON - La Mancha Group plans to buy more underground gold mines in Africa and is ready to snap up mines that Barrick Gold and Randgold Resources will sell after their merger, its billionaire chairman Naguib Sawiris said on Tuesday."The Barrick disposals might be in geographies where we are very strong and that makes sense for us," Sawiris told reporters on the sidelines of the Mines and Money co...Read More

LONDON - La Mancha Group plans to buy more underground gold mines in Africa and is ready to snap up mines that Barrick Gold and Randgold Resources will sell after their merger, its billionaire chairman Naguib Sawiris said on Tuesday."The Barrick disposals might be in geographies where we are very strong and that makes sense for us," Sawiris told reporters on the sidelines of the Mines and Money co...Read More

Financial technology company Tradewind Markets has made its VaultChain metals-trading blockchain platform available for silver producers, building on the company's work with gold mining companies that began earlier this year.One of the first clients of the new service, Tradewind says, is Japan's Sumitomo Corporation Global (SCMI US Inc), but the company is confident there will be more miners using...Read More

Trump said it's "highly unlikely" the U.S. will delay tariff increasesStock futures appear poised to pull back from yesterday's strong rebound, as fresh trade tensions between the U.S. and China surface ahead of Friday's G-20 summit, where leaders of the countries are expected to meet. President Donald Trump told the Wall Street Journal it was "highly unlikely" the U.S. would delay its tariff incr...Read More

Amid heavy tech-sector outflows, FAANG stocks have been racking up ominous-sounding death crossesThere has been much ado about "death crosses" among the talking heads of Wall Street, particularly regarding the so-called "FAANG" stocks. Case in point: A MarketWatch headline on Nov. 20 warned, "Netflix's 'death cross' is the third for FAANG stocks and Nasdaq Composite is next." Against this backdrop...Read More

GM puts and calls were both active yesterdayGeneral Motors (NYSE: GM) stock closed up 4.8% yesterday following the company's announcement it'll be halting production at three North American plants. This was the shares' best session since they rallied more than 9% after earnings late last month, as they push higher from their two-year low of $30.56 on Oct. 24. GM settled Monday's session at $37.65,...Read More

Mountain Province Diamonds (TSX, NASDAQ: MPVD) issued a statement today saying it expects the Gahcho Ku?(C) mine, its joint venture with De Beers, to produce between 6.6 and 6.9 million carats in 2019, recovered after processing 3.1 to 3.2 million tonnes of ore.This guidance for the new fiscal year estimates that production costs would be up to CAD$120 per tonne of ore processed and of CAD$50 to...Read More

Mountain Province Diamonds (TSX, NASDAQ: MPVD) issued a statement today saying it expects the Gahcho Ku?(C) mine, its joint venture with De Beers, to produce between 6.6 and 6.9 million carats in 2019, recovered after processing 3.1 to 3.2 million tonnes of ore.This guidance for the new fiscal year estimates that production costs would be up to CAD$120 per tonne of ore processed and of CAD$50 to...Read More

Nevada Zinc (TSXV: NZN) announced today that it has started a Preliminary Economic Assessment on its flagship Lone Mountain zinc project.The project is located in Eureka County, east-central Nevada, and it comprises 231 claims covering 1,619 hectares. Nevada Zinc has run some drill programs on the property with results showing numerous broad intersections of medium to high-grade non-sulphide zinc...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

BHP, (ASX, LON, NYSE: BHP) the world's number one miner, today made an exceptionally rare public disclosure of drilling results from a very early-stage exploration program in South Australia, which is already being called by some experts "the thickest high-grade copper intersection seen in years."The mining giant identified an iron oxide, copper, gold (IOCG) mineralized system located 65 km south...Read More

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that one of the largest herb growers in the Midwest U.S., Mariposa Farms, has made the switch away from petroleum-based PET packaging to good natured (R) plant-based materials.With a presence across 15 states supplying retailers such as Walmart, Hy-Vee, and Price Chopper as well as...Read More

* Prices rebound from Friday when hit lowest since October 2017 U.S. equity market rally boosts oil prices* Saudi Arabia pumps record amount of oil in Nov - source* Hedge funds raise U.S. crude oil net longs -CFTC (Updates with CFTC data)By Stephanie KellyNEW YORK, Nov 26 (Reuters) - Oil prices rose nearly 3 percent on Monday, clawing back some of last week's steep losses, but gains were capped by...Read More

Nov 26 (Reuters) - Jet Airways Ltd JET.NS , the biggest full-service carrier in India, has been under dark clouds for the past few months.While intense pricing competition, weak rupee and rising fuel costs have hurt Indian airlines like IndiGo owned by InterGlobe Aviation Ltd INGL.NS and SpiceJet Ltd SPJT.BO , Jet Airways is in a league of its own.Saddled with a debt of about 80.52 billion rupees...Read More