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

Plus, Jefferies believes Infinera will continue to lag the marketThe Dow is down over 400 points this afternoon, as investors eye growing political tensions in Europe. Among individual stock movers today, biotech stocks Evolus Inc (NASDAQ:EOLS) and Revance Therapeutics Inc (NASDAQ:RVNC) are trending in opposite directions after a C-Suite shakeup, while tech concern Infinera Corp. (NASDAQ:INFN...Read More

W??hrungskrise in der T? 1/4 rkei: Goldpreis in Lira erreicht RekordhochRead full newsRead More

Both struggling airlines seem overdue for downgradesThe U.S. stock market has put in an impressive May performance, with the S&P 500 Index (SPX) pacing toward a notable 1.5% monthly return -- a strong start to a historically bearish period. However, the broad-market index tends to underperform in June, particularly during midterm election years. Among individual SPX names that typically lag are ai...Read More

In Gold we Trust. Gold and the Three Changes Leading to theRead full newsRead More

The healthcare stock has been the best SPX performer in June, going back 10 yearsThe stock market isn't known for summer rallies, per the old adage "Sell in May and go away." In fact, monthly seasonality data from Schaeffer's Quantitative Analyst Chris Prybal reveals that, since the inception of the SPDR S&P 500 ETF Trust (SPY), June and August are two of only three months out of the year where SP...Read More

The shares are testing a key trendlineAlcoa Corp (NYSE:AA) stock is down 1.6% today, possibly on news the company's shut down one of three potlines at an Indiana plant. However, AA has been a strong performer on the charts since the split from Arconic (ARNC) back in late 2016, more than doubling to its current perch of $47.12. What's more, the stock's recent pullback to a familiar trendline could...Read More

(Bloomberg) - Lagune Exploitation Afrique in Ivory Coast said it is in talks with a unit of Sumitomo Corp. about a partnership for the development of a bauxite deposit and the construction of two alumina plants for 218 billion CFA francs ($375 million).Lagune Exploitation is developing the 34.5 million metric tons Benene deposit in the country's east that will produce 750,000 tons of the alumina-...Read More

BOX has hit a record high earlier this monthCloud storage concern Box Inc (NYSE:BOX) is slated to report first-quarter earnings after the market closes tomorrow, May 30. The tech stock has been moving higher on the charts ahead of the company's earnings release -- thanks to a late-April bounce off its 200-day moving average. After hitting its May 10 record high of $28.68, the stock consolidated...Read More

Source: Maurice Jackson for Streetwise Reports 05/29/2018Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.Maurice Jackson: Joining us today is Jamie Keech of Capitalist Exploits. Today we'll be discussing platinum. Jamie, thank you for talking with me today about platinum. First, tell us a...Read More

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces that it has entered into an understanding with Dominion Diamond Mines ULC ("Dominion"), which allows Mountain Province's customers to certify their qualifying polished diamonds under the Canadamark?,,? certification program.The Canadamark program is a strategic initiative of Dominion. Throug...Read More

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces that it has entered into an understanding with Dominion Diamond Mines ULC ("Dominion"), which allows Mountain Province's customers to certify their qualifying polished diamonds under the Canadamark?,,? certification program.The Canadamark program is a strategic initiative of Dominion. Throug...Read More

Falling Treasury yields are weighing on financial stocksThe Dow Jones Industrial Average (DJI) has plummeted triple digits as political uncertainty in Italy and Spain continue to weigh on global markets. The blue-chip index's notable losses can also be attributed to underperforming Dow names JPMorgan Chase (JPM) and Goldman Sachs (GS), which are lower with Treasury yields. Also trading in the r...Read More

LONDON, May 29 (Reuters) - Russian gold miner Petropavlovsk has asked British regulators to investigate the identity of shareholders pressing for an overhaul of the board only a year after a previous revolt forced change, sources close to the company said.The London-listed firm, which has underperformed peers for about a decade, is near the end of a quest to bring on technology to boost profits fr...Read More

LONDON, May 29 (Reuters) - Russian gold miner Petropavlovsk has asked British regulators to investigate the identity of shareholders pressing for an overhaul of the board only a year after a previous revolt forced change, sources close to the company said.The London-listed firm, which has underperformed peers for about a decade, is near the end of a quest to bring on technology to boost profits fr...Read More

Increased demand for battery materials used in electric vehicles and energy storage is what's supposed to reignite interest in the mining sector now that the China-induced supercycle in commodities demand are levelling off.Prices for lithium and cobalt have soared. Graphite and rare earth prices are making a comeback. Nickel, where EV-related demand is still tiny, has been caught up in the euphori...Read More

(Bloomberg) - Mining companies in the Democratic Republic of Congo told the government it will lose more than $3 billion over a decade and face legal action if plans to implement a new industry code proceed.Miners including Glencore Plc and Randgold Resources Ltd. are demanding the government abandon aspects of the legislation approved by President Joseph Kabila in March. Discussions about the re...Read More

(Bloomberg) - Mining companies in the Democratic Republic of Congo told the government it will lose more than $3 billion over a decade and face legal action if plans to implement a new industry code proceed.Miners including Glencore Plc and Randgold Resources Ltd. are demanding the government abandon aspects of the legislation approved by President Joseph Kabila in March. Discussions about the re...Read More

Apple is reportedly using OLED screens in 2019 iPhonesUniversal Display Corporation (NASDAQ:OLED) stock is up 10.6% to trade at $110.25 -- one of the best stocks on the Nasdaq in early trading -- amid reports that Apple (AAPL) will be ditching LCD screens and use OLED screens for the upcoming iPhone in 2019. Currently, only the iPhone X has an OLED screen. As a result, Universal Display call optio...Read More

(Bloomberg) - India faces a copper supply shock after a state government ordered billionaire Anil Agarwal's Vedanta Ltd. to shut down a plant permanently following deadly protests in a move that will slash nationwide output and stoke demand for imports. The company's shares fell.The Tamil Nadu government directed the southern state's pollution control board to seal the 400,000 metric-ton-per-year...Read More

(Bloomberg) - India faces a copper supply shock after a state government ordered billionaire Anil Agarwal's Vedanta Ltd. to shut down a plant permanently following deadly protests in a move that will slash nationwide output and stoke demand for imports. The company's shares fell.The Tamil Nadu government directed the southern state's pollution control board to seal the 400,000 metric-ton-per-year...Read More