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

The private sector added fewer jobs than were expected last monthDow Jones Industrial Average (DJI) futures are pointed higher, with the blue-chip index signaling a strong bounce after yesterday's sharp sell-off. Investors are monitoring the political situation in Italy, where right-wing party leader Matteo Salvini is calling for a snap election as soon as possible -- even amid reports the two maj...Read More

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead 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

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

World's largest mortgage bankers- Fannie Mae and Freddie Mac, would soon go bankrupt.No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for ne...Read More

Oil is putting in a strong outperformance relative to copper this yearCopper is used to build almost anything, and oil is used to power almost anything. So, these commodities are often looked at as economic indicators. The chart below shows the typical yearly path of these commodities along with the S&P 500 Index (SPX). I also show this year's return. Despite oil's woes over the last few days, it'...Read More

Mining News reported that Tanzania's Pangea Minerals Limited has announced it will reduce its workforce next month, in an attempt to cut operating costs.Read full newsRead More

Gold Mining Stock Outlook - June 2018Read full newsRead More

India is seeking rights to mine for gold and diamonds in Russia's resource-rich Far East, Trade Minister Suresh Prabhu told Reuters on Tuesday.Read full newsRead More

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to report $752,000 in revenue in Q2 2018, a 14% increase over the same period in 2017.Key Highlights:Raised $2.2 million in gross funding through equity financingImproved gross margin to 35.7% up from 23.7% in the same period last yearContinued on U.S. expansion growth in Q2, 9% of Q2...Read More

South Africa's Gold Fields is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.Gold Fields' finances might be "a little bit negative" this year before likely improving in 2019, when the company should begin to reap the rewards from two years of heavy invest...Read More

The number of electric vehicles (EVs) on roads worldwide is set to more than triple by the end of the decade, growing to 13 million from 3.7 million last year, the International Energy Agency (IEA) said Wednesday.According to Paris-based institution, the total amount of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increase...Read More

Families face pressure to decide the fate of their relatives' grave, dividing the community of Azacualpa where as many as 350 bodies have already been exhumedRead full newsRead More

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.According to Ernst & Young's Digital Mining report, current digital solutions are merely functional or siloed and only address parts of the value chain.Miners should adopt a progressive, multiy...Read More

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.According to Ernst & Young's Digital Mining report, current digital solutions are merely functional or siloed and only address parts of the value chain.Miners should adopt a progressive, multiy...Read More

Mountain Province Diamonds (TSX, NASDAQ: MPVD) said Wednesday it had found a 95-carat gem diamond at its Gahcho Ku?(C) mine located in Canada's Northwest Territories.It's the largest gem quality diamond and the fourth biggest recovered from Gahcho Ku?(C) since production began just under two years ago.The white octahedron of "top clarity" is the largest gem quality diamond and fourth largest ston...Read More

SHANGHAI, May 30 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index surged to a high since November last year at 95.03 overnight and closed 0.47% higher from Monday at 94.85 as euro plunged on concerns over the Italy election crisis. Base metals went down across the board as a result.The White House announced last n...Read More

SHANGHAI, May 30 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index surged to a high since November last year at 95.03 overnight and closed 0.47% higher from Monday at 94.85 as euro plunged on concerns over the Italy election crisis. Base metals went down across the board as a result.The White House announced last n...Read More