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

Bank earnings drove early upside in today's sessionFollowing this week's brutal two-day sell-off, U.S. stocks managed to finish today comfortably higher. The Dow got an early boost from well-received JPMorgan earnings -- though the blue-chip bank erased its gains by the close -- and FAANG stocks also snapped back from their recent losses. However, sentiment remained skittish, with the major equity...Read More

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Meanwhile, IOVA is rallying on a favorable FDA updateThe U.S. stock market rallied out of the gate, but was last seen down from its earlier highs. Three stocks making notables moves today are health-centered direct selling specialist Youngevity International Inc (NASDAQ:YGYI), biotech Iovance Biotherapeutics Inc (NASDAQ:IOVA), and financial concern PNC Financial Services Group Inc (NYSE:PNC). Her...Read More

The drop in AAII bulls could be a buy signal for the stock marketAs the U.S. stock market began its recent reversal, Wall Street bulls hit the exits at a rapid-fire rate. In fact, the National Association of Active Investment Managers (NAAIM) exposure index dropped by nearly 32 points, or 37%, last week -- the biggest point drop since August 2013, and the biggest percentage drop since February 201...Read More

SANTIAGO, Oct 12 (Reuters) - Chile's environmental court on Friday ordered Canada's Barrick Gold Corp to definitively close the Chilean side of its stalled Pascua-Lama mining project, a final procedural step that draws a line under a long-running saga.The court, sitting in the northern Chilean city of Antofagasta, approved by two votes to one the closure of the polemical project that straddles the...Read More

Gold prices ended lower on Friday, pulling back from their highest level in more than two months as U.S. and global stocks moved up in the wake of a two-day downturn that drove investors to the perceived safety of the precious metal. December gold GCZ8, -0.49% declined by $5.60, or nearly 0.5%, to settle at $1,222 an ounce, a day after its highest finish since Aug. 1, for a most-active contract,...Read More

Gold prices ended lower on Friday, pulling back from their highest level in more than two months as U.S. and global stocks moved up in the wake of a two-day downturn that drove investors to the perceived safety of the precious metal. December gold GCZ8, -0.49% declined by $5.60, or nearly 0.5%, to settle at $1,222 an ounce, a day after its highest finish since Aug. 1, for a most-active contract,...Read More

AAPL logged a two-day decline of 5.5% on Wednesday and ThursdayThe tech sector got hit particularly hard during the heavy selling on Wall Street this week. This recent pullback has likely created several bullish trading opportunities, too, with Apple Inc. (NASDAQ:AAPL) falling 5.5% from its Oct. 9 close of $226.87 to its Oct. 11 settlement at $214.45. The FAANG stock is bouncing back fast, though...Read More

This week's downturn could yield rallies from several stocksStocks earlier this week were clobbered, turning in their worst day in months. However, many individual stocks have flashed bullish signals in the wake of the bloodbath. If past is precedent, two healthcare names could climb into November: drugmaker Incyte Corporation (NASDAQ:INCY) and medical device maker ABIOMED, Inc. (NASDAQ:ABMD). Bot...Read More

The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More

More than 30 gold miners have died in an informal pit in the Democratic Republic of Congo's South Kivu province after a landslide, officials said Thursday, with dozens more feared trapped.The incident happened a week ago in Misisi in the Fizi region.Read full newsRead More

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

Company won't release independent expert's report until after takeover offer is due to closeRead full newsRead More

The SPX strung together its worst losing streak since November 2016Wall Street took a big hit this week as concern over rising interest rates -- a subject President Donald Trump was quick to weigh in on -- sent traders heading toward the exit en masse. The major benchmarks plunged below key technical levels, with the Dow tallying a two-day loss of 1,377 points between Wednesday and Thursday, the S...Read More

There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More

BAC is on pace for its worst week since MarchBank of America Corp (NYSE:BAC) stock is trading flat this afternoon, last seenat $28.40. Amid today's focus on big banking earnings, traders are more than likely gearing up for Bank of America's upcoming third-quarter earnings report, which is slated to hit the Street before the market opens on Monday, Oct. 15. Below we will take a look at how BAC has...Read More

All three benchmarks are still heading for their worst week since MarchThe U.S. stock market is stabilizing, with the Dow Jones Industrial Average (DJI) up triple digits and the S&P 500 Index (SPX) set to snap its six-day skid. The Nasdaq Composite (IXIC) is higher, too, as FAANG stocks rally. Today's upside comes after two days of sharp selling, with traders also watching the start of earnings...Read More

Get ready for an influx of pot stock profits.On October 17th, marijuana will be 100% legal in Canada.That's sparking a new wave of IPOs. And shares could surge 501% - 1,364% in the coming weeks - just like the recent weed stock IPOs.One investor's research has uncovered a secret way to access red hot IPO shares.Click here right now for details on this urgent trading situation.Canada is the first c...Read More

Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More

(Bloomberg) - Gold Fields Ltd. shareholders getting impatient over the company's failure to stem losses at the huge South Deep deposit in South Africa shouldn't lose hope, said Chief Executive Officer Nick Holland.Gold Fields said in August it's embarking on yet another turnaround plan at the operation, its only one left in South Africa. South Deep's disappointing performance has been a drag on t...Read More