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

GM has broken past a key trendlineFresh off an earnings victory earlier this week, the shares of General Motors Company (NYSE:GM) are up 1.1% to trade at $36.87 this morning, despite reports of the auto giant halting two renovation projects in Detroit, citing "structural costs are not aligned with the market realities." General Motors stock gapped higher on Wednesday in the wake of its blowout...Read More

Is a harmonious conclusion to the six-month-long US-China trade battle finally within reach? Or this just a ploy to push US stocks higher ahead of an election that will decide which party controls Congress for the balance of Trump's term?Read full newsRead More

RIO DE JANEIRO, Nov 2 (Reuters) - Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices for its highest quality ore above $90 per tonne in 2019, an executive said.Chief Financial Officer Luciano Siani said the Chinese demand would also support prices for average q...Read More

Gold miners earned the ire of investors including billionaire hedge-fund manager John Paulson for entering into bad deals that destroyed shareholder value in the past. Shareholders of the two companies announcing a merger Monday signaled they think this time may be different.Barrick Gold Corp. Executive Chairman John Thornton said his company isn't paying a premium under its agreement to buy Randg...Read More

The shares have been bouncing from a key technical level in recent weeksCiti Research upgraded Wells Fargo & Co (NYSE:WFC) to "buy" from "neutral," saying the bank's potential to return to revenue growth next year could prove "issues are moving to [the] rear view mirror." The brokerage firm maintained its $60 price target on WFC, a 12% premium to last night's close at $53.56.In reaction, WFC is up...Read More

Earnings beats don't seem to be enough for SHAK and LOCO tradersThe shares of restaurant stocks Shake Shack Inc (NYSE:SHAK) and El Pollo LoCo Holdings, Inc. (NASDAQ:LOCO) are trading sharply lower in premarket action. Both companies presented quarterly results last evening, and clearly Wall Street is disappointed in what it saw. We'll take a closer look at SHAK and LOCO below. Same-Store Sales Sin...Read More

The DJI is fending off a sharp post-earnings drop from Apple (AAPL)Futures on the Dow Jones Industrial Average (DJI) are rising once more, trading more than 200 points above fair value, thanks to a strong monthly nonfarm payrolls report. The data indicated the U.S. gained 250,000 jobs in October, beating economists' forecast of 190,000. The blue-chip index is heading toward its fourth straight win...Read More

Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More

Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More

Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More

Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More

Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More

The US Supreme Court will hear on Monday why a group of Virginia miners believe states should not have the right to ban uranium mining for public health reasons, part of a long dispute over a moratorium the state put in place on the radioactive metal in 1982.The bid by a Virginia Energy Resources' subsidiary and other owners of the largest US uranium deposit seeks to revive a lawsuit thrown out by...Read More

The world's fastest-growing vertically integrated global cannabis company could net investors a huge return in the months to come.The worldwide trend toward marijuana legalization has triggered a wave of growth opportunities for investors around the globe.Beyond the explosive Canadian market - this diversified cannabis operator maintains production, processing, and distribution facilities worldwid...Read More

Brazil's Institute of Environment and Water Resources (IBAMA) has issued an environmental license for the Marac??s Menchen Mine expansion project, owned by Largo Resources (TSX: LGO).Marac??s Menchen is a 17,690-hectare property located in the eastern Bahia State of Brazil, roughly 250 kilometres southwest of the state capital, Salvador. According to Largo, the mine boasts one of the highest-grade...Read More

As a way of raising awareness and interest in the mining industry among junior high and high school students in Nova Scotia, Canada, a provincial industry group is offering over C$8,000 in cash prizes to kids with some basic video skills.The Mining ROCKS! contest, now in its fifth year, hopes to inspire children to learn about the industry, get creative and win big, Sean Kirby, executive directo...Read More

The alternative route will shorten shipment times between India and Russia...by 40%!Read full newsRead More

* Fall extends hefty October losses for Brent, WTI* Signs of rising supplies ahead of Iran sanctions* Benchmark prices continue weakness from October* U.S. crude hits lowest level since April (New throughout, adds settlement prices, new quotes)By David GaffenNEW YORK, Nov 1 (Reuters) - Oil fell nearly 3 percent on Thursday, with U.S. crude futures hitting lows not seen since April, due to growing...Read More

NEW DELHI, Nov 1 (Reuters) - India is likely to announce new steps to support small and medium-sized businesses, such as increased access to credit and financial markets, at an industry event on Nov. 2, the finance ministry said in a tweet.Prime Minister Narendra Modi will launch a programme to support the businesses in New Delhi on Friday, the finance ministry said.Modi's government is pushing th...Read More

* Tepid start to November* IT sector hit by firm rupee* Yes Bank top gainer on NSE, closes up 8.5 pctNov 1 (Reuters) - Indian shares ended little changed on Thursday as losses in IT stocks, pressured by a strong rupee, marginally outweighed gains in the financial sector.The broader NSE index .NSEI ended 0.06 percent lower at 10,380.45, while the benchmark BSE index .BSESN closed mostly flat at 3...Read More