The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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 from The University of Western Australia, Universit?(C) Laval and McGill University applied a first-of-its-kind technique that measures the long-term life cycle of sulphur, which helps explain the preferential location of high-value mineral deposits at the edges of ancient continents.In a paper published in Nature Communications, the scientists explain how they charted the life cycle o...Read More
While employees at Google and Microsoft are wary of collaborating with the military, Amazon revels in it.Read full newsRead More
...could potentially "plunge large parts of California into the sea almost instantly"...Read full newsRead More
NEW DELHI, Nov 3 (Reuters) - India's Reliance Communications Ltd RLCM.NS posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.Net profit for the July-September quarter came in at 67.98 billion rupees ($939 million), compared to a profit of 420 million rupees a year earlier.Revenue from operations fell 41.7 percent to 3.34 billion rupees.The company said earlier...Read More
(Updates through close of U.S. trading)By David RandallNEW YORK, Nov 2 (Reuters) - Concerns that a trade deal between the United States and China may not be imminent reined in a rally in world equity markets and reversed gains on Wall Street on Friday, while strong U.S. wage growth boosted U.S. bond yields.Markets had earlier climbed on hopes that the world's two biggest economies were mending the...Read More
(For a live blog on the U.S. stock market, click LIVE/ or type LIVE/ in an Eikon news window)* Apple falls on forecast; market cap drops below $1 trln* Trump has not sought draft China trade plan -Kudlow on CNBC* Industrial index ends down 0.3 pct* Indexes down: Dow 0.4 pct, S&P 500 0.6 pct, Nasdaq 1 pct(Updates to close)By Caroline ValetkevitchNEW YORK, Nov 2 (Reuters) - U.S. stocks snapped a...Read More
High valuations justifiable if investors factor in potential of U.S. legalization on a federal level and legalization in the EURead full newsRead More
With the Basic Materials sector poised to log strong growth in the third quarter, it will be interesting to see how miners Alamos Gold and First Majestic Silver fare when they report quarterly results.Read full newsRead More
Striking workers at Gold Fields have blocked access to the company's South Deep mine in South Africa and are intimidating other employees, spokesman Sven Lunsche said.A small team of workers is only able to perform essential services like pumping water from the mine, Lunsche said Saturday by phone. The strike, involving more than 3,000 workers, started Friday afternoon to protest the gold miner's...Read More
Striking workers at Gold Fields have blocked access to the company's South Deep mine in South Africa and are intimidating other employees, spokesman Sven Lunsche said.A small team of workers is only able to perform essential services like pumping water from the mine, Lunsche said Saturday by phone. The strike, involving more than 3,000 workers, started Friday afternoon to protest the gold miner's...Read More
Looking for the top gold mining stocks going into 2019 and 2020? Should you buy or sell? Click to learn more about these interesting golden stocks!Read full newsRead More
With the Basic Materials sector poised to log strong growth in the third quarter, it will be interesting to see how miners Alamos Gold and First Majestic Silver fare when they report quarterly results.Read full newsRead More
Yikes. The stock-market rollercoaster ride is enough to get any investor a little nervous. Yet, so far swings in the Dow Jones Industrial Average's DJIA, -0.43% and S&P 500 SPX, -0.63% are still only a tremor on any longer-term view. Stock prices are higher than they were even one year ago. Nonetheless for many investors it's an overdue reminder that stock prices can fall - and fall a long w...Read More
What goes up must eventually come down...Read full newsRead More
By Suvashree ChoudhuryMUMBAI, Nov 2 (Reuters) - The Indian rupee was the second-best performer in Asia, rising the most in over five years on Friday, on lower global oil prices and as China and the United States expressed optimism about resolving their bruising trade war.A decline in oil prices and the rally in the currency also boosted bonds, which rose to their highest in nearly two months."Afte...Read More
* U.S. sanctions against Iran oil exports start next week* U.S. to temporarily allow 8 importers to keep buying Iran oil* OPEC, Russia, U.S. oil supply rising, filling inventories* GRAPHIC-Top 3 crude oil production: https://tmsnrt.rs/2Rua0R8 (Adds settlement prices, CFTC data, Trump tweet)By Devika Krishna KumarNEW YORK, Nov 2 (Reuters) - Oil prices fell about 1 percent on Friday and notched a we...Read More
Nov 2 (Reuters) - Punjab National Bank (PNB) PNBK.NS reported a third straight quarterly loss on Friday, as India's second-largest state lender by assets set aside more money to account for a massive fraud.Net loss came in at 45.32 billion rupees ($622.74 million) for the three months ended Sept. 30, compared with a profit of 5.61 billion rupees a year earlier, the bank said in a statement https...Read More
Investing.com - Gold prices were higher on Friday as the U.S. dollar inched down, despite a better-than-expected jobs report.Comex gold futures for December delivery rose 0.11% to $1,237.40 a troy ounce as of 10:33 AM ET (14:33 GMT).Gold was higher due to a fall in the greenback. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, inched d...Read More
* U.S.-China trade deal hopes trigger risk rally* Emerging market shares head for best day since early 2016* Europe higher with Germany's DAX leading the charge* Hong Kong, Korean markets have best day in seven years* U.S. jobs data comes in strong* Dollar steadies, sterling builds on strongest day of the year* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Marc JonesLONDON, Nov 2 (Reu...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 on track for best week in nearly 2 years* Burberry , miners boosted by hopes of end to U.S.-China row* JPM China fund up 10 percentBy Josephine MasonLONDON, Nov 2 (Reuters) - UK shares bounced for a fourth session on Friday as mining and luxury goods stocks led a rally amid growing optimism about a Brexit deal and...Read More