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

Angola, the world's fifth-largest diamond producer, is working on easing up its restrictive legislation over the industry in order to attract more foreign investment, up production and secure higher government revenue.The country has historically had in place limiting rules over diamond operations, including not allowing foreigners to hold a majority stake and a requirement to sell all precious s...Read More

SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More

SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More

SHANGHAI, Jun 6 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite upbeat economic data, the US dollar weakened and fell below 94 overnight to close at 93.86. The euro rose following a report that the European Central Bank would discuss an exit from its quantitative easing program next week, which eased worries over the It...Read More

(Updates with U.S. markets' closing levels)* MSCI global stock index eases* Copper rises amid wage talks at world's largest mine* Oil prices end higherBy Caroline ValetkevitchNEW YORK, June 5 (Reuters) - The Nasdaq hit a record closing high for the second day in a row on Tuesday, helped by tech and consumer discretionary shares, while the euro recovered after Italy's new prime minister said the go...Read More

* U.S. stocks mostly gain, Nasdaq hits a record high* Copper rises amid wage talks at world's largest mine* Oil prices end higherBy Caroline ValetkevitchNEW YORK, June 5 (Reuters) - U.S. stocks mostly edged higher on Tuesday as technology shares extended recent gains while U.S. Treasury yields fell on safe-haven buying after Italy's new prime minister outlined new economic policies that could add...Read More

* Stocks mostly ease, though Nasdaq hits a record high* Copper rises amid wage talks at world's largest mine* Trade discussions a worry for investors (Updates to noon trading in U.S. markets; changes dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, June 5 (Reuters) - Stocks on world indexes edged lower and the Mexican peso and Canadian dollar fell on Tuesday amid concerns over a trade w...Read More

(Corrects paragraph one to say Netflix (NASDAQ:NFLX) to join the S&P 100, not the S&p 500)* MSCI world tech stock index climbs 0.7 pct to new record high* Italian bonds see modest selling ahead of govt confidence vote* Peso slides vs the dollar as tariff spat with U.S. escalates* Copper rises as wage talks rumble on at world's largest mine* Crude oil prices crawl up after 3 sessions of los...Read More

Investing.com - Gold prices traded slightly lower in mid-morning trade on Tuesday as positive economic data sent the dollar to its best level of the day against major rivals.At 10:30AM ET (14:30GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange slipped 70 cents, or 0.05%, to $1,296.60 a troy ounce.Meanwhile, the U.S. dollar index, which measures the gr...Read More

* MSCI world tech stock index climbs 0.7 pct to new record high* Italian bonds see modest selling ahead of govt confidence vote* Peso slides vs the dollar as tariff spat with U.S. escalates* Copper rises as wage talks rumble on at world's largest mine* Crude oil prices crawl up after 3 sessions of lossesBy Marc JonesLONDON, June 5 (Reuters) - World tech stocks hit a record high on Tuesday, spurred...Read More

Goldcorp Inc. (TSX:G)(NYSE:GG) is down 0.66% today to $18.07, which may have some folks eyeing the stock in light of its recent announcements. Meanwhile, Fortuna Silver Mines Inc. (TSX:FVI)(NYSE:FSM) is up 0.28% to $7.20, as silver stocks continue to oscillate. But like most silver stocks on the TSX, it's still fairly cheap.So, are these stocks a buy? Let's take a closer look.Can junior miners of...Read More

Canadian steel stocks took a beating after the White House announced that it would impose tariffs on steel imports of 25% on Canada and other key allies. This represented another stage in what has been a roller-coaster year for the industry. The Trump administration had originally exempted Canada from steel tariffs, but elected not to extend the exemption after NAFTA talks failed to net a deal in...Read More

US Cobalt's Iron Creek Project in the Idaho Cobalt Belt. Source: First Cobalt Corp.First Cobalt Corp. [FCC-TSXV; OTCQB-FTSSF; FCC-ASX] recently enhanced its position as a pure-play North American cobalt company by acquiring all of the issued and outstanding shares of US Cobalt Inc. [USCO-TSXV, USCFF-OTCQB].The deal puts First Cobalt in a position to benefit from protectionist trade policies rather...Read More

The Lac Gueret Graphite Project in northern Quebec. Source: Mason Graphite Inc.Mason Graphite Inc. [LLG-TSXV; MGPHF-OTCQX] said Wednesday June 6 that it has received the main environmental permit for its Lac Gueret Project in northern Quebec.Mason is a graphite mining and processing company focused on developing the Lac Gueret Project where the graphite grade is believed by management to be among...Read More

The Copper Mountain copper-gold mine near Princeton, southwest British Columbia. The mine is 75%-owned by Copper Mountain Mining and 25% owned by Mitsubishi Materials Corp. Photo courtesy Copper Mountain Mining Corp.On 18 April this year, copper-gold producer Copper Mountain Mining Corp. [CMMC-TSX; C6C-ASX] completed a significant transaction by closing its acquisition of the Queensland focused Al...Read More

CALGARY - The CEO of Suncor Energy Inc. says it will continue to avoid spending on large growth projects in Canada despite the federal government's move last week to purchase the Trans Mountain pipeline system and its stalled expansion from Kinder Morgan Canada Ltd.The $4.5-billion sale to ensure the project is built doesn't change his view that Canada is falling behind other nations, notably...Read More

I have avoided writing about David Hogg up to this point because I don’t find him particularly relevant. His stale arguments in favor of gun control are not novel or compelling. He uses bully tactics to force businesses and people to bend to the will of the anti-gun lobby.But something just happened to David Hogg that is a bigger threat to Americans than mass shootings. He was “Swatted...Read More

As a result, the Vancouver-headquartered miner doubled Cozamin's total measured and indicated resources to 217,000t of red metal, compared with the previous resource announced at the end of December.The resource update stokes optimism that the increasing copper resource could support a mine expansion, according to company president and CEO Darren Pylot.The news sent Capstone's TSX-quoted equity (C...Read More

Palmer has been with Bluejay for six years, is also finance director of SigmaRoc and a partner at Heytesbury Corporate, which provides management consulting, company secretarial and corporate services.  He previously worked at Apple where he was finance manager.Bluejay CEO Roderick McIllree said he expected the change to be seamless as the company focused its time and resources on the Dundas...Read More

The licence for the 2.5 hectare kimberlite pipe concession was said to be an "important development" for the company, as it was last prospected in 1986 and Botswana Diamonds suspects its kimberlite pipe size, grade and diamond quality may have been underestimated in the past.The licence is adjacent to De Beers' Oaks mine, which had a grade of 53 carats per hundred tonnes, and is also expected to h...Read More