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

Labrador Gold (TSXV: LAB) announced today that it is staking additional 92 claims at the Hopedale project, located 30 kilometres southwest of the community of Hopedale in eastern Labrador, Canada.In detail, the claims are situated at the northern end of the Florence Lake greenstone belt, which is adjacent to the Thurber Dog area where the company has reported grab samples up to 7.87 g/t gold and w...Read More

Labrador Gold (TSXV: LAB) announced today that it is staking additional 92 claims at the Hopedale project, located 30 kilometres southwest of the community of Hopedale in eastern Labrador, Canada.In detail, the claims are situated at the northern end of the Florence Lake greenstone belt, which is adjacent to the Thurber Dog area where the company has reported grab samples up to 7.87 g/t gold and w...Read More

Safe-haven buying triggered by US President Donald Trump's decision to call off a meeting with North Korea pushed gold back above this critical level.Read full newsRead More

Both the U.S. and North Korea have shown a willingness to still meetStocks struggled today amid growing political uncertainty and a big drop in oil prices. Traders continued to consider the up-and-down relationship between the U.S. and North Korea, with President Donald Trump suggesting the nations could still arrange a meeting. Meanwhile, reports that Russia and the Organization of the Petroleum...Read More

The proportion of US miners with Progressive Massive Fibrosis has grown dramatically since 1978, with a significantly accelerated rate of increase since 1996. This is according to researchers at the University of Illinois, who delved into the data of 314,176 miners applying for black lung benefits from 1970 through 2016. Of those, 4,679 people were suffering from PMF.The scientists also found that...Read More

Moor Analytics Weekly Report Via GoldinAmerica.com Last week Michael made it clear that $1291 had strong potential to be a floor. And he has been spot on from that day. Yesterday's options expiration was the likely catalyst as the large ITM put positions must have had second thoughts about going home short. Thus they bought in their deltas starting the rally. We would add that above $1296 o...Read More

Brent Cook of Exploration Insights says while institutional and retail funds are scarceRead full newsRead More

Plus, long-time Herbalife defender Carl Icahn lightened his positionThe stock market is trending lower today amid sliding oil prices. Among individual stock movers today, streaming name Roku Inc (NASDAQ:ROKU) and regional airline Alaska Air Group, Inc. (NYSE:ALK) are pointed higher, while supplements stock Herbalife Nutrition Ltd (NYSE:HLF) is crumbling. Here's a closer look at how the shares...Read More

(Bloomberg) - As it battles to remain the world's biggest copper producer, Codelco just achieved a new, less enviable mantle - the only major mining company with an all-male board and senior management team.On Friday, Chilean President Sebastian Pinera tapped executive Juan Benavides to be chairman of the state-owned company. Earlier this month, he appointed Hernan de Solminihac and Patricio Brio...Read More

(Bloomberg) - As it battles to remain the world's biggest copper producer, Codelco just achieved a new, less enviable mantle - the only major mining company with an all-male board and senior management team.On Friday, Chilean President Sebastian Pinera tapped executive Juan Benavides to be chairman of the state-owned company. Earlier this month, he appointed Hernan de Solminihac and Patricio Brio...Read More

SANTIAGO, May 24 (Reuters) - Chilean state copper company Codelco reported a slight increase in first quarter profits over the same period the previous year, as rising copper prices offset increasing costs at the world's top producer of the red metal.Codelco, which delivers all its profits to the Chilean state, reported pre-tax earnings of $537 million between January and March, an increase of nea...Read More

Die Eurokrise ist zur? 1/4 ckRead full newsRead More

Gold recently fell below $1,300 per ounce for the first time in 2018. Does that spell trouble for gold this summer?Read full newsRead More

Great Bear Resources (TSXV:GBR, OTC:GTBDF) (theRead full newsRead More

Americans might think they're living in the future of consumer payments, but many in the industry are looking to ChinaRead full newsRead More

Gold finished modestly lower Friday, pressured by strength in the U.S. dollar, but prices held just above the key $1,300-an-ounce level to score a gain for the week. June gold GCM8, +0.09% fell by 70 cents, or less than 0.1%, to settle at $1,303.70 an ounce, but climbed roughly 1% for the week. It settled at the highest finish since May 14 on Thursday, after President Donald Trump announced the ca...Read More

The energy fund is headed toward its worst day since FebruaryOil prices are plummeting today on reports the Organization of the Petroleum Exporting Countries (OPEC) and Russia are considering ramping up crude production to offset supply drops from Iran and Venezuela. At last check, July-dated crude futures are down 4.2% at $67.75 per barrel. Options traders are betting on even stiffer headwinds fo...Read More

What's more, the security's short-term options are a bargainUnitedHealth Group Inc (NYSE:UNH) stock is near the top of the Dow today, last seen 0.7% higher at $244.47, as traders digest a long-term partnership with Quest Diagnostics (DGX). What's more, UNH shares could once again lead blue chips during the holiday-shortened week, if recent history is any indicator, and the insurance concern's shor...Read More

Chilean President Sebastian Pinera named Juan Benavides, a former chief executive officer of Chile retail leader Falabella, as chairman of the board of directors at Codelco, the world's top copper producer, the government said on Friday.Benavides was currently serving as chairman at Chilean private pension fund manager AFP Habitat.The 60-year-old Benavides had previously led Falabella, one of Lati...Read More

One trader today is using options to simulate a long stock purchaseMarvell Technology Group Ltd. (NASDAQ:MRVL) is popping today, after the semiconductor firm's $6 billion deal to buy Cavium (CAVM) received clearance from the Committee on Foreign Investment in the United States (CFIUS). At last check, MRVL shares were up 2.5% to trade at $22.50, and one speculator appears to be using options to sim...Read More