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
Researchers at Ruhr-Universit??t Bochum and the University of Wuppertal in Germany have come up with a new fabrication process for transparent ultra-thin silver films. The new process produces a material capable of increasing the efficiency of solar cells and light-emitting diodes.Up till now, traditional chemical methods have not been able to produce ultra-thin and pure silver films, the scientis...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
(Bloomberg) -- India’s monetary policy makers and government officials will meet Monday in a board meeting that promises to be anything but its usual dull affair.Locked in a power struggle over how much capital the central bank needs and how tough its lending rules should be, a trained accountant parachuted into the Reserve Bank of India’s board by the government in August may be key t...Read More
Nov 17 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More
(Adds Technicolor SA, Visa, General Electric (NYSE:GE), LyondellBasell)Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:** Technicolor SA TCH.PA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people fam...Read More
All-weather stocks perform fine in all kinds of economic environments. Stocks with a general long-term upward trend may be all-weather stocks. Here are two such dividend stocks you can buy on dips and pretty much hold for a long, long time in your portfolio.Bank on TD Bank to do wellToronto-Dominion Bank (TSX:TD)(NYSE:TD) is a top 10 North American bank and is the fifth-largest in terms of total a...Read More
(IDEX Online) - Botswana Diamonds has acquired the 50% share previously held by Alrosa in their Sunland joint venture and now holds 100% of the equity in Sunland Minerals. The company's 100% ownership allows for a new investor to enter as a new joint venture partner, the miner said, adding that advanced negotiations are underway with potential partner. Work could begin in the f...Read More
Earlier this year, Crown Mining (TSXV: CWM) bought 100% of the Moonlight-Superior property in northeastern California for US$375,000 in cash and 2.75 million shares.The land package is best known for its Superior and Engels deposits, which produced over 161 million lb. copper as underground mining operations between 1915 and 1930.But the property, 200 km northeast of Sacramento and 145 km northwes...Read More
Commodities Analysis by The Gold Reportcovering: . Read The Gold Report 's latest article on Investing.comRead full newsRead More
Barrick Gold is interested in early-stage exploration in South America's Guyana Shield and wants "more exposure" in Canada, Executive Vice President of Exploration Rob Krcmarov said in an investor presentation Friday."We'd also look to copper opportunities that are within our operating regions, but only if they meet our investment criteria," he said via webcast from the London event.Barrick has a...Read More
Barrick Gold is interested in early-stage exploration in South America's Guyana Shield and wants "more exposure" in Canada, Executive Vice President of Exploration Rob Krcmarov said in an investor presentation Friday."We'd also look to copper opportunities that are within our operating regions, but only if they meet our investment criteria," he said via webcast from the London event.Barrick has a...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
[Editor’s Note: This story was originally published March 2018. It has since been republished and updated to reflect new information in the fast-paced marijuana industry.]While it’s open to debate whether President Donald Trump made America great, the 2016 election did produce one undeniable result: it laid the foundation for cannabis-related businesses, thereby dramatically improving...Read More
* Prices down for 6th week; Brent off 4.6 pct, U.S. crude 5.6 pct* OPEC could cut supply by 1.4 mln bpd to prevent glut* Russia resisting calls to join renewed cuts* GRAPHIC-U.S. oil output and storage: https://tmsnrt.rs/2PXBD8e* U.S. weekly rig count rises by two this week (Adds settlement prices, CFTC data)By Jessica Resnick-AultNEW YORK, Nov 16 (Reuters) - Oil ended slightly firmer after volati...Read More
Nov 16 (Reuters) - The chief executive officer of Indian online fashion retailer Myntra, Ananth Narayanan, has decided to resign, days after the co-founder and group chief executive of its parent Flipkart stepped down, the Times of India reported on Friday.Bengaluru-based Myntra, which was bought by e-commerce group Flipkart in 2014, could also see a job cut of up to 500 people, the paper reported...Read More
* NSE, BSE end about 0.6 pct higher* Reliance top boost* Yes Bank falls 7.2 pctNov 16 (Reuters) - Indian shares posted their best close in more than six weeks on Friday, powered by gains in the country's biggest company by market value Reliance Industries Ltd RELI.NS .The broader NSE index .NSEI closed 0.62 percent higher at 10,682.2, while the benchmark BSE index .BSESN ended up 0.56 percent...Read More
Investing.com - Gold prices surged on Friday as American officials dashed hopes for an imminent solution to trade tensions between China and the U.S. and the dollar suffered from dovish comments from the Federal Reserve and a bearish call from Morgan Stanley (NYSE:MS).At 10:49 AM ET (15:49 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange jumped...Read More
NEW DELHI/SHANGHAI, Nov 16 (Reuters) - India's Vedanta Ltd VDAN.NS has been selling copper concentrate on the spot market from stockpiles at its Sterlite smelter, a company official said, after the facility was forced to stop operating earlier this year amid pollution concerns.The company is disposing of around 70,000 tonnes of copper concentrate that have been lying unused since the closure of th...Read More