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

NTAP is set for its lowest close in monthsShares of NetApp Inc. (NASDAQ:NTAP) are down 11.7% at $68.87 in early trading, after the company announced a fiscal second-quarter earnings beat, but disappointed with a soft third-quarter revenue forecast. Analysts have been quick to respond, with respective price-target cuts to $77 and $83 coming from Citigroup and Susquehanna, and Morgan Stanley callin...Read More

CSCO's October pullback found support at its 200-day trendlineThe shares of Cisco Systems, Inc. (NASDAQ:CSCO) are up 4.7% to trade at $46.42 this morning, alone at the top of the Dow, after the company reported adjusted fiscal first-quarter earnings of 75 cents per share and revenue of $13.07 billion, both exceeding expectations. CEO Chuck Robbins noted Cisco was impacted by the U.S. tariffs on...Read More

What do you do if you're a family that owns significant gold mineralisation, and you're seeking commercial support to extract the full potential? Well, in the case of the Williams family, you turn to the expertise of PVW Resources to join forces.Gold rushes and gold prospecting are part of Australia's rich history, and provide some of the most iconic and enduring images of the country's past. The...Read More

JCP lowered its same-store sales forecast for the key holiday seasonRetail earnings are rolling in this week, with J C Penney Company Inc (NYSE:JCP) coming in as one of the latest names to unveil its results. While the department store reported a slimmer-than-expected first-quarter loss of 52 cents, revenue of $2.65 billion fell short. Plus, the retailer said same-store sales plunged 5.4% over the...Read More

Nov 15 (Reuters) - Hedge fund Paulson & Co on Thursday called for the immediate resignation of Detour Gold Corp's interim Chief Executive Officer Michael Kenyon and board member Alex Morrison, adding it does not favor a fire sale of the gold miner.Paulson said under Kenyon the company "unsuccessfully tried to boost short-term performance" including "questionably running up its accounts payable t...Read More

Nov 15 (Reuters) - Hedge fund Paulson & Co on Thursday called for the immediate resignation of Detour Gold Corp's interim Chief Executive Officer Michael Kenyon and board member Alex Morrison, adding it does not favor a fire sale of the gold miner.Paulson said under Kenyon the company "unsuccessfully tried to boost short-term performance" including "questionably running up its accounts payable t...Read More

Call buying has been very popular on ORCL in recent weeksOracle Corporation (NYSE:ORCL) is trading up 3.8% before the open, thanks to news that Warren Buffett's Berkshire Hathaway (BRK.A) took a $2.13 billion stake in the tech company. The vote of confidence goes against the broader sentiment across Wall Street, since the majority of brokerage firms have just "hold" ratings on ORCL shares. Options...Read More

The Dow and S&P 500 are set to extend their losing streaksFutures on the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are slightly lower today, as both indexes look to extend their losing streaks. Investors are digesting quarterly reports from blue-chips Walmart (WMT) and Cisco Systems (CSCO), as well as a rebounding tech sector -- including Apple (AAPL) -- that has Nasdaq-100 In...Read More

Germany-based fertilizer producer K+S AG (FRA:SDF1) has revised down its full-year earnings guidance after a severe drought hit production at its main mine network in the third quarter.The miner now expects earnings before interest, taxes, depreciation and amortization (EBITDA) to come at between 570 and 630 million euros, compared to the 660 to 740 million euros previously forecast."The extr...Read More

Germany-based fertilizer producer K+S AG (FRA:SDF1) has revised down its full-year earnings guidance after a severe drought hit production at its main mine network in the third quarter.The miner now expects earnings before interest, taxes, depreciation and amortization (EBITDA) to come at between 570 and 630 million euros, compared to the 660 to 740 million euros previously forecast."The extr...Read More

Vancouver-based Silver Range Resources (TSX-V:SNG) announced today that it has optioned its Gold Chief property in Nevada to CrocanCapital Corp.Crocan is interested in acquiring a 100% interest in the project. To do so, the firm would have to provide aggregate cash payments of $160,000 and aggregate issuances of 650,000 Crocan shares by November 2, 2021.Under the terms of the agreement, Silver Ran...Read More

Vancouver-based Silver Range Resources (TSX-V:SNG) announced today that it has optioned its Gold Chief property in Nevada to CrocanCapital Corp.Crocan is interested in acquiring a 100% interest in the project. To do so, the firm would have to provide aggregate cash payments of $160,000 and aggregate issuances of 650,000 Crocan shares by November 2, 2021.Under the terms of the agreement, Silver Ran...Read More

Vancouver-based Silver Range Resources (TSX-V:SNG) announced today that it has optioned its Gold Chief property in Nevada to CrocanCapital Corp.Crocan is interested in acquiring a 100% interest in the project. To do so, the firm would have to provide aggregate cash payments of $160,000 and aggregate issuances of 650,000 Crocan shares by November 2, 2021.Under the terms of the agreement, Silver Ran...Read More

Vancouver-based Zinc One Resources (TSXV: Z) announced today that following a drill program at unreported holes in the Mina Grande Centro zone of the Bongar?? Zinc Mine in north-central Peru, the northern and western perimeters of mineralization previously mined were delineated.In a statement, Zinc One said 24.1% zinc was intercepted over a length of 28 metres.Mina Grande Centro is part of one of...Read More

Botswana Diamonds (LON:BOD) has bought Russian diamond miner Alrosa's 50% stake in their Sunland Minerals joint venture (JV) and the company said it is close to bringing a new partner into the project.In a statement, the company described the unnamed new investor as "a large diamond producer with new ideas and keen to find new kimberlites in Botswana," adding that the potential new partner will ac...Read More

Botswana Diamonds (LON:BOD) has bought Russian diamond miner Alrosa's 50% stake in their Sunland Minerals joint venture (JV) and the company said it is close to bringing a new partner into the project.In a statement, the company described the unnamed new investor as "a large diamond producer with new ideas and keen to find new kimberlites in Botswana," adding that the potential new partner will ac...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) got a boost Thursday after the company announced the board of directors had approved a $1.3 billion expansion of its Los Pelambres copper mine in Chile.The awaited upgrade of Los Pelambres will add 60,000 tonnes of copper a year to the company's overall production once in full operation. Annual production is expected to increase from 40,000 tonn...Read More

* Jump in supply comes as demand outlook weakens* OPEC+ discuss supply cut of up to 1.4 million bpd -sources* POLL-U.S. crude stockpile likely up for eighth week* U.S. crude oil stocks rise sharply, climbing 8.8 mln bbls-API (Adds API data, Breakingviews item in related content field)By Devika Krishna KumarNEW YORK, Nov 14 (Reuters) - Oil rose about 1 percent on Wednesday, recouping some of the pr...Read More