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

SAN FRANCISCO, Oct 24 (Reuters) - Tesla Inc reported a net profit, positive cash flow and fatter-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk's promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.Tesla reiterated that it expected to repeat its positive net profit in the current quart...Read More

JBLU has wildly underperformed in 2018JetBlue Airways Corporation (NASDAQ:JBLU) is 2% lower in electronic trading, after the stock received two price-target cuts overnight. The bear notes come roughly 24 hours after the company reported a drop in third-quarter profit -- though the results still beat the consensus estimate -- with Stifel and Imperial Capital lowering their respective price targets...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

RNC Minerals (TSX: RNX) announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018.According to the Toronto-based company, such production represents a 199% increase when compared to the third quarter of 2017 and a 135% increase when compared to the second quarter of 2018.The Toronto-based miner also reported that gold production for the first nine months...Read More

RNC Minerals (TSX: RNX) announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018.According to the Toronto-based company, such production represents a 199% increase when compared to the third quarter of 2017 and a 135% increase when compared to the second quarter of 2018.The Toronto-based miner also reported that gold production for the first nine months...Read More

RNC Minerals (TSX: RNX) announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018.According to the Toronto-based company, such production represents a 199% increase when compared to the third quarter of 2017 and a 135% increase when compared to the second quarter of 2018.The Toronto-based miner also reported that gold production for the first nine months...Read More

RNC Minerals (TSX: RNX) announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018.According to the Toronto-based company, such production represents a 199% increase when compared to the third quarter of 2017 and a 135% increase when compared to the second quarter of 2018.The Toronto-based miner also reported that gold production for the first nine months...Read More

S&P and Nasdaq-100 futures are in the red, howeverDow Jones Industrial Average (DJI) futures are trading above fair value this morning, overcoming earlier weakness to now signal a nearly triple-digit jump at the open for the index. It's another huge day of Dow earnings, with Boeing (BA) setting the tone with an impressive quarterly report that has the shares ready to rally at the open. There will...Read More

Boeing shares had been in a ugly slump heading into todayThe shares of Boeing Co (NYSE:BA) are up 4.2% ahead of the bell, after the Dow name posted an impressive third-quarter earnings beat. The aerospace and industrial giant reported adjusted quarterly profit of $3.58 per share, exceeding the average analyst estimate of $3.47. Boeing also upped its fiscal-year revenue and profit forecasts. Boe...Read More

Up to $5 billion worth of mining assets may be offloaded as a result of the merger between Barrick Gold (TSX, NYSE:ABX) and Randgold Resources (LON:RRS), expected to happen in the first three months of 2019.According to BMO Capital Markets analyst Andrew Kaip, it is almost certain that the New Barrick will sell a number of non-core assets to position the company as the lowest cost western-based g...Read More

Up to $5 billion worth of mining assets may be offloaded as a result of the merger between Barrick Gold (TSX, NYSE:ABX) and Randgold Resources (LON:RRS), expected to happen in the first three months of 2019.According to BMO Capital Markets analyst Andrew Kaip, it is almost certain that the New Barrick will sell a number of non-core assets to position the company as the lowest cost western-based g...Read More

Up to $5 billion worth of mining assets may be offloaded as a result of the merger between Barrick Gold (TSX, NYSE:ABX) and Randgold Resources (LON:RRS), expected to happen in the first three months of 2019.According to BMO Capital Markets analyst Andrew Kaip, it is almost certain that the New Barrick will sell a number of non-core assets to position the company as the lowest cost western-based g...Read More

Tesla Inc Chief Executive Elon Musk put electric heavy commercial trucks on the ...Read full newsRead More

Canadian miners Pan American Silver (TSX: PAAS) and Canasil Resources (TSX:CLZ) signed a non-binding Letter of Intent providing for Pan American to acquire Canasil's interest in the Sandra-Escobar project in Durango, Mexico.The LOI provides for the parties to enter into a Definitive Agreement covering the acquisition of Canasil's interest by Pan American for a payment of CDN $2 million and grant o...Read More

Canadian miners Pan American Silver (TSX: PAAS) and Canasil Resources (TSX:CLZ) signed a non-binding Letter of Intent providing for Pan American to acquire Canasil's interest in the Sandra-Escobar project in Durango, Mexico.The LOI provides for the parties to enter into a Definitive Agreement covering the acquisition of Canasil's interest by Pan American for a payment of CDN $2 million and grant o...Read More

Canadian miners Pan American Silver (TSX: PAAS) and Canasil Resources (TSX:CLZ) signed a non-binding Letter of Intent providing for Pan American to acquire Canasil's interest in the Sandra-Escobar project in Durango, Mexico.The LOI provides for the parties to enter into a Definitive Agreement covering the acquisition of Canasil's interest by Pan American for a payment of CDN $2 million and grant o...Read More

Just the numbers coming out of China should be cause for concern for Beijing energy planners...Read full newsRead More

It's rare to see the VIX and SPX both higher year-to-date this late in the yearAfter yesterday's down day, the S&P 500 Index (SPX) is positive on the year by over 2%. The Cboe Volatility Index (VIX), however, has nearly doubled. The VIX is the 30-day implied volatility of the S&P 500 and it usually moves in the opposite direction as stocks. For each year since 1990 (the first year we have VIX data...Read More