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

By Sumeet ChatterjeeNUSA DUA, Indonesia, Oct 12 (Reuters) - State Bank of India SBI.NS , the country's largest lender, sees its provision for bad loans remaining high for at least the next two quarters, after which it will start softening as it steps up efforts to improve asset quality, its chairman said on Friday.The state-run lender is also seeing a slowdown in "accretion" of new bad loans, Ra...Read More

Investing.com - Here are the top five things you need to know in financial markets on Friday, October 12:1. Big Banks Report EarningsResults from three of the four big banks are expected before the opening bell on Friday. Investors are waiting to see whether bank stocks remain a safe haven after the volatile week in the stock market, as JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Citigro...Read More

(Adds company news items and futures)Oct 12 - Britain's FTSE 100 .FTSE index is seen opening 27 points higher at 7,034 with FTSE 100 futures .FFIc1 up 0.51 percent ahead of the cash market open on Friday, according to financial bookmakers.* ASHMORE: Emerging markets-focused fund manager Ashmore ASHM.L said assets under management rose 3 percent in its first quarter, boosted by inflows of client...Read More

Oct 12 - Britain's FTSE 100 .FTSE index is seen opening 27 points higher at 7,034 on Friday, according to financial bookmakers.* ATALAYA MINING: Copper producer Atalaya Mining ATYM.L , AYM.TO , which is backed by Swiss trading giant Trafigura, is looking for a buyer, two banking sources said on Thursday. PATISSERIE VALERIE: The owner of Britain's Patisserie Valerie café chain warned on Thur...Read More

After the market sell-off we have seen last week, investors are surely left feeling a little jittery and apprehensive when considering their portfolios.But this is a good time to re-evaluate things, re-balance our portfolios, and make sure we are well positioned for the coming years.Let's take a look here at two stocks in particular that have rallied big in the last year.Labrador Iron Ore Royalty...Read More

Silver miners are being pummeled because the white metal remains weak, down by 14% over the last year, which has triggered a sharp sell-off of miners, as illustrated by the Global X Silver Miners ETF losing a whopping 28% over that period. While the immediate future for silver appears gloomy, it shouldn't deter investors from considering primary silver miners with high-quality assets, robust bala...Read More

There is no other way to describe this week than ugly. The Dow fell another 545 points on Thursday, closing below its 200-day moving average after plunging 831 points on Wednesday. Friday saw a bounce-back, but it fell far short of recouping losses.It was just as ugly with the S&P 500, which closed well below its primary support at the 200-day moving average going into Friday's earnings reports in...Read More

When Henrik Fisker joined First Cobalt's (TSX-V: FCC) board of directors in September, it was like a marriage of the minds between the global automotive design entrepreneur and the company's president and CEO, Trent Mell.Both Fisker and Mell are focused on providing cobalt to the American EV market efficiently, and also on maintaining stringent ethical mining practices.First Cobalt is operating do...Read More

When Henrik Fisker joined First Cobalt's (TSX-V: FCC) board of directors in September, it was like a marriage of the minds between the global automotive design entrepreneur and the company's president and CEO, Trent Mell.Both Fisker and Mell are focused on providing cobalt to the American EV market efficiently, and also on maintaining stringent ethical mining practices.First Cobalt is operating do...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

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