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

Two years after commercial production began in October 2016, Newmont Mining's (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold.Newmont Suriname - a subsidiary of the Colorado-based company - owns 75% of the mine and Suriname's state-owned oil company, Staatsolie Maatschappij Suriname, owns the remaining 25% stake.Construction of the mine, about 60 km south of Moengo and 1...Read More

Drilling at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow high-grade mineralization.The company was following up on several shallow high-grade gold intersections it had reported in 2011, and in the process has found new near-surface discoveries including a number...Read More

Drilling at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow high-grade mineralization.The company was following up on several shallow high-grade gold intersections it had reported in 2011, and in the process has found new near-surface discoveries including a number...Read More

With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running.Read full newsRead More

Brussels responded to Italy's budget proposal and implemented theRead full newsRead More

In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infe...Read More

In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infe...Read More

In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infe...Read More

(Excerpt from upcoming article by Alisha Hiyate in Diamonds in Canada magazine, published by The Northern Miner ) In 2013, De Beers Canada turned down a chance to own a majority stake in Peregrine Diamonds' Chidliak project in Nunavut. Five years later, it now owns the project outright.So what changed in that time period? De Beers Canada CEO Kim Truter says that the timing just wasn't quite ri...Read More

(Excerpt from upcoming article by Alisha Hiyate in Diamonds in Canada magazine, published by The Northern Miner ) In 2013, De Beers Canada turned down a chance to own a majority stake in Peregrine Diamonds' Chidliak project in Nunavut. Five years later, it now owns the project outright.So what changed in that time period? De Beers Canada CEO Kim Truter says that the timing just wasn't quite ri...Read More

Kenya has won a case against Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation in 2013 of a licence for mining niobium and rare earth minerals, a court ruling made public on Tuesday showed.The decision could add to wariness about Kenya's nascent mining industry among investors already spooked by resource nationalism in neighbouring Tanzania, analyst...Read More

Trump's trade spat with China directly impacted CAT and MMM earningsIt's an ugly day on Wall Street, with the Dow Jones Industrial Average (DJI) down more than 400 points at midday and on track to breach the 25,000 level on a closing basis for the first time since July 12. Weighing on the blue-chip index are negative earnings reactions for Caterpillar (CAT) and 3M (MMM), with results for both firm...Read More

China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More

Near-term HRL options are pricing in low volatility expectations at the momentSpam producer Hormel Foods (NYSE:HRL) fell 5% in immediate aftermath of its late-August quarterly report, but quickly pivoted that same day and went on to gain more than 10% over the next few weeks. The stock is up 14.8% in 2018 and 36% year-over-year, with a recent pullback contained by its 40-day moving average. With t...Read More

China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More

The stock market opened with a resounding thud on Tuesday morning, as the Dow Jones Industrial Average DJIA, -0.99% , at one point, had shed more than 500 points. The S&P 500 index SPX, -0.66% and the Nasdaq Composite COMP, -1.63% endured even harder hits, down more than 2% each. Read: Dow plunges amid corporate outlook, China selloff So, you must positioning yourself for that tasty bounc...Read More

The earnings disappointments continue with CAT and 3M the latest to add to fears aboutRead full newsRead More

Could this biotech bet bank you 1,700% profit?Contributed by Raging BullBig pharma isn't what it use to be and investors are wondering what the future holds for the Goliaths of the industry.Kyle Dennis, one of the most well known up and coming traders, saw this shift happening when others didn't. Years ago, he began to place a heavy emphasis on small-cap biotech stocks he saw enormous upside for a...Read More

Short-term options premiums are relatively rich at the moment, thoughThe shares of Cronos Group Inc (NASDAQ:CRON) topped out at a record high of $15.30 on Sept. 19, as the cannabis craze gripped Wall Street. The weed stock has since retreated from this milestone, and following a quick pop higher last week ahead of Canada's legalization of recreational marijuana, is down 8.2% today to trade at $7.8...Read More

The company is making fast progress on its expansion into automotive and wants to start manufacturing ASAP.Read full newsRead More