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

Options bears have been loading up on puts ahead of GPRO's third-quarter resultsMobile camera firm GoPro Inc (NASDAQ:GPRO) is set to report third-quarter earnings after the market closes this Thursday, Nov. 1. Ahead of the event, analysts are expecting GPRO to report a loss of 6 cents per share on $272.3 million in revenue -- down from its year-ago profit of 15 cents per share on $329.8 million in...Read More

Glencore Plc's coal mining business will eclipse its copper unit next year and become the world's biggest commodity trader's most profitable operation.Despite making a lot of noise about its electric vehicle-focused mines such as nickel, copper and cobalt, Glencore has continued to buy more coal assets, adding rival Rio Tinto's Australian operations to its portfolio this year. That, along with soa...Read More

Key collaborations are lifting the stocks from all-time-low territoryA pair of penny stocks are notably higher in early trading: KemPharm Inc (NASDAQ:KMPH) and OpGen Inc (NASDAQ:OPGN). KMPH stock is soaring after a licensing deal with KVK Tech to commercialize its opioid painkiller, Apadaz, and the drug developer will receive up to $3.4 million in pre-launch funds, and could get up to $53 million...Read More

JOHANNESBURG, Oct 31 - South Africa's Impala Platinum (Implats) said on Wednesday it was in talks to sell its 1 Shaft operation in Rustenburg in a move to make its struggling mines profitable, sending its shares higher.Implats plans to trim staff by about a third - more than 13,000 jobs - over two years at its labour-intensive, conventional operations in the Rustenburg platinum belt, where its 1 S...Read More

Canada's Barrick Gold and takeover target Randgold Resources are boosting their dividend payouts ahead of shareholder votes next week on their $6.1 billion deal, the miners said Wednesday.Barrick's all-stock purchase of the African miner, announced in September, spurred some analyst criticism because it lacked a premium for Randgold, which has a record of strong operational and financial performan...Read More

Canada's Barrick Gold and takeover target Randgold Resources are boosting their dividend payouts ahead of shareholder votes next week on their $6.1 billion deal, the miners said Wednesday.Barrick's all-stock purchase of the African miner, announced in September, spurred some analyst criticism because it lacked a premium for Randgold, which has a record of strong operational and financial performan...Read More

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More

Africa-focused Gem Diamonds (LON:GEMD) said Wednesday it's on track to meet its long-term targets, as third-quarter production rose 27% in the three months to Sep. 30, when compared to the same period last year.The company, which has found over a dozen of huge precious rocks at its flagship Let??eng mine in Lesotho this year, now expects to recover 120,000 carats to 124,000 carats of diamonds...Read More

EA fell to an annual low on MondayAfter adding 4% yesterday on the back of Take-Two Interactive's (TTWO) successful "Red Dead" roll-out, the shares of Electronic Arts Inc. (NASDAQ:EA) are down 4.3% ahead of the bell this morning. While the video game maker reported fiscal second-quarter earnings and revenue that exceeded analyst expectations, it forecast third-quarter revenue -- a period which e...Read More

The bearish brokerage notes come in reaction to the biotech's earnings reportThe hits keep on coming for Clovis Oncology Inc (NASDAQ:CLVS), with the shares down 18.7% in electronic trading, set to open at a new two-year low of $13.50 per share. Today's premarket downside comes in reaction to the cancer specialist's wider-than-expected third-quarter loss of $1.71 per share. The Rubrica maker also s...Read More

Stock market indexes are hoping to pare steep October lossesU.S. stocks look ready for another strong showing, with the major indexes set to chip away at steep October losses. Futures on the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq-100 Index (NDX) are trading far above fair value, getting a boost from the latest round of corporate earnings. The tech sector is poised to r...Read More

Swedish engineering company Epiroc announced today that it will be supporting the work of Kimberley Ekapa Mining to help digitize the company's Kimberley underground mine, located South Africa's Kimberley town and whose yearly production reached 755,645 carats in June 2018.In detail, Kimberley Ekapa wants to implement Epiroc's Mobilaris Mining Intelligence, known as MMI, to enable situational awar...Read More

Swedish engineering company Epiroc announced today that it will be supporting the work of Kimberley Ekapa Mining to help digitize the company's Kimberley underground mine, located South Africa's Kimberley town and whose yearly production reached 755,645 carats in June 2018.In detail, Kimberley Ekapa wants to implement Epiroc's Mobilaris Mining Intelligence, known as MMI, to enable situational awar...Read More

One investor guru thinks this may be the next big play to make in gold.The world's wealthiest investors always grab the headlines...Especially with a track record that's off the charts, producing explosive gains like this:$1.29 to $23.86, where $10,000 grew to over $184,000!Or how about his record-breaking score last month, 9 cents Canadian to C$1.18 in about 2 weeks, turning $10,000 into over $1...Read More

World's top diamond producer by output Alrosa (MCX:ALRS) said Wednesday it had begun production at its new Verkhne-Munskoye diamond field in eastern Siberia, which Russian President Vladimir Putin said would reinforce the state-controlled firm's position as a world leader.The Verkhne-Munskoye deposit, which has a 20-year productive life, will partly substitute suspended output at Alrosa's undergr...Read More

Democrats are expected to gain several House seats this yearMidterm elections are a week away and you would expect them to have an important effect on stocks. This week I'm comparing Election Day -- the day after the first Monday in November -- in midterm years, presidential election years, and off years. I'm curious about how stocks tend to behave leading up to the elections and thereafter. Not o...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces the Canadian launch of Siyata's Uniden (R) UV350 ("UV350"), the world's first and only all-in-one 4G/LTE in-vehicle IoT device designed for safer, smart and more advanced instant communication in commercial fleets and vehicles.The UV350 provides its enterprise customers with the first ever...Read More

* RBI "looked the other way" when banks lent excessively - Jaitley* Banks lent indiscriminately in 2008-2014 - Jaitley* Comments come after RBI official's call for more independence (Updates with quotes, background, details)By Manoj Kumar and Suvashree ChoudhuryNEW DELHI/MUMBAI, Oct 30 (Reuters) - India's Finance Minister Arun Jaitley blamed the Reserve Bank of India on Tuesday for failing to stop...Read More

* Trump expects "great deal" with China, but more tariffs if not* IEA's Birol says fuel demand could take a hit* US crude stocks up 5.7 mln bbls, more than forecast-API (Adds API data on U.S. crude inventories)By Stephanie KellyNEW YORK, Oct 30 (Reuters) - Oil prices dropped more than 1 percent on Tuesday on signs of rising supply and concern that global economic growth and demand for fu...Read More