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

MOSCOW - Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters.The company, which vies with Brazil's Vale to be the world's largest nickel producer, has been profitable for years thanks to its resource-rich Arctic oper...Read More

* Stock markets fall amid gloomy trade outlook* Investors have pulled large investments out of oil* IEA boss warns oil markets face "unprecedented uncertainty"* U.S. crude stocks likely up for 9th week -poll* U.S. crude oil stocks unexpectedly fall 1.5 mln bbls-API (Adds API data)By Devika Krishna KumarNEW YORK, Nov 20 (Reuters) - Oil prices tumbled more than 6 percent on Tuesday in heav...Read More

* Apple leads global tech stock shakeout* European auto stocks hit on Ghosn arrest* Weak U.S. home builder sentiment hits dollar* Oil falls half a percent on global economic worries* Markets no longer pricing in ECB rate hike in 2019* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Abhinav RamnarayanLONDON, Nov 20 (Reuters) - World stock markets fell on Tuesday as worries over softening...Read More

MUMBAI, Nov 20 (Reuters) - The Reserve Bank of India's decision to allow lenders more time to adhere to additional capital buffer norms under Basel 3 is credit negative for the country's state-run banks, Moody's Investors Service said in a release on Tuesday.The RBI after a nine-hour marathon board meeting announced late Monday that it has extended the timeline for Indian banks to set aside an add...Read More

Investing.com - Gold prices were on track for a sixth-straight session of gains on Tuesday as a string of dovish remarks from Federal Reserve policymakers and an equity selloff supported the precious metal.At 9:13 AM ET (14:13 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange edged forward $1.10, or 0.09%, to $1,226.40 a troy ounce.The recent winnin...Read More

Investing.com - Gold prices were little changed on Tuesday even after New York Fed President John Williams (NYSE:WMB) said the Federal Reserve “will be likely raising interest rates somewhat.”Gold futures for December delivery on the?EUR?Comex?EUR?division of the New York Mercantile?EUR?Exchange traded 0.08% lower at?EUR?$1,224.3?EUR?a troy ounce by?EUR?1:34 AM ET (06:34 GMT).?EUR??EUR...Read More

The company has completed the Chinese State Administration of Foreign Exchange (SAFE) registration, a three-pronged process that took place over the past two months.Nevsun said Tuesday the SAFE registration was the last Chinese regulatory condition which, together with Investment Canada Act approval received last month, rendered both regulatory conditions met.According to Nevsun, which operates th...Read More

DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsThe PLP has finalised a right-of-way agreement with the Alaska Peninsula Corporation (APC) that secures the...Read More

The gold sector has been under pressure for seven years, but contrarian investors are looking at recent developments in the industry and thinking it might be time to start kicking the tires on some of the beaten-up stocks.Let's take a look at Barrick Gold (TSX:ABX)(NYSE:ABX) to see if it deserves to be on your buy list for 2019.ConsolidationHigh-quality gold deposits are becoming harder to find, a...Read More

The exploration camp for IDM Mining's development stage Red Mountain gold project east of Stewart, northwest British Columbia. Photo by Ellsworth Dickson.IDM Mining Ltd. [IDM-TSXV; IDMMF-OTCQB] said Wednesday November 21 that it has expanded the underground drilling program at its development stage Red Mountain gold project east of Stewart, northwest British Columbia.The company said it has added...Read More

Exploration activities at the Pebble Project in Alaska. Source: Northern Dynasty Minerals Ltd.Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE] shares advanced on Wednesday November 21 after the company declared a small win in its fight to develop the giant Pebble gold-copper project in Alaska.The company said its Pebble Limited Partnership (PLP) subsidiary has finalized a right-of-way agreement...Read More

VANCOUVER, BRITISH COLUMBIA / November 21, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) and Highbury Energy Inc. ("Highbury") are pleased to report completion of a comprehensive study analyzing beneficial gasification routes from Petroleum Coke ("Petcoke") to three products of value: Hydrogen, FT Liquids and Fuel Gas. Each of these products has potential m...Read More

The World Diamond Council (WDC) has reiterated its support for the Kimberley Process (KP) certification scheme to end trade in conflict diamonds, while expressing concern over the progress in reforming its scope.In a press statement issued after the conclusion of the 2018 KP plenary meeting, in Belgium, the WDC said the KP plenary’s final communique of the submission by the Canadian governme...Read More

(IDEX Online) - While reiterating its support for the Kimberley Process Certification Scheme (KPCS) as the most effective means possible to end the trade in conflict diamonds, the World Diamond Council (WDC) expressed concern that more progress was not made in reforming its scope during the 2018 KP Plenary Meeting that ended on November 16 hosted by the European Union in Brussels, Belgium.  ...Read More

(IDEX Online) - Sales of fine jewelry and fine watches rose by 5.3 percent in the U.S. market in September, when compared to the same month a year ago, as the graph below illustrates.   The rise is the lowest seen so far this year, but is nonetheless a solid increase.   Overall sales in September, the last month for which figures are available, were an estimated $5.5 billion, according...Read More

Broda said BHP could get "first-mover advantage into the next cycle" if it sticks to its new framework."We therefore see BHP as likely much more active in M&A going forward, especially should the target have high-quality growth options," he said.The major's CFO Peter Beaven summarised the plan as looking earlier at possible big plays."We could lose all our investment on these if, for instance,...Read More

It reported a loss after tax of US$2.2 million for the three months to September 30, down from the $1.4 million loss a year ago, but an improvement on the previous quarter's loss of $3.2 million.This translated to a 0.3c loss per share, steady on the year, but an improvement on the June quarter's 0.5c/share loss.Revenue for the quarter was $9 million, 23% higher on the year and up 11% from the Jun...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedWhile there are no assays at this stage, the two widely spaced diamond holes intersected several zones of secondary copper and narrow veins starting just below surface.The company said it opened up the potential of the wider T20 project, which covers around 3350sq.km.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limit...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedLast week's Asia CESCO conference in Shanghai was expected to throw some light on the contradictions in the market for copper, arguably the most important metal in the global economy because of its widespread uses in everything from electronics to construction.But anyone expecting a clear picture at the event organised by a Chilean...Read More

A common question people ask is, “Where did all my money go?” Sometimes it's a joke, but often it's a serious question. The reason people ask this question is because they do not fundamentally understand how cash flow works. They do not really control their money. Rather, it controls them.Today, many people are in financial trouble because they have too much cash flowing out of their p...Read More