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
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More
Police say the practice could damage rivers which are protected from anything that damages them.Read full newsRead More
Individuals thought to be finding flecks of gold at Afon Wen but police say there is no gold rushRead full newsRead More
Randgold Resources Ltd. fell the most in 18 months in London after a series of setbacks across its African mines hit both earnings and gold production.Read full newsRead More
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More
Barrick Gold, Randgold Resources, Newmont Mining, Freeport McMoran and Goldcorp all make the short list for stocks to consider in this commodity segment -- but which of them are best positioned to prosper?Read full newsRead More
Bombardier, Inc. (TSX:BBD.B) has gone through some turbulent times in recent years, but the company is arguably on the mend, and investors are wondering if this is the right time to add the stock to their portfolios.Let's take a look at the train and plane maker to see if it deserves to be on your buy list.CSeries sagaBombardier's problems can be traced back to the day the company decided to go ah...Read More
The global economic upswing, which has been underway since late 2016, has been a boon for base metals and miners. This is because of growing demand for steel, copper, zinc, and nickel, driven by an uptick in manufacturing, notably in China, and rising investment in critical infrastructure in China and India.Despite this growing optimism, Labrador Iron Ore Royalty Corporation (TSX:LIF) reported a...Read More
U.S. President Donald Trump announced on Tuesday that the United States is officially walking away from the 2015 Iranian nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA).As Anti-Media has already outlined, it appears that right from the get-go, it was the United States that implemented this agreement in bad faith - not Iran. To put it bluntly, the United States is t...Read More
(IDEX Online) - Mountain Province Diamonds Inc. reported earnings from mine operations of C$24.6 million and net income of C$700,000 in its financial and operating results for the quarter ended March 31. Included in the determination of net income is an unrealized foreign exchange loss for the quarter of $10.3 million on the translation of the company's USD-denominated long-term debt, the m...Read More
Stocks Gently Rise on Low InflationThe stock market held onto recent price gains through the first full week of May, after the Labor Department reported that inflation was tamer than expected. In the month of April, consumer prices showed a small increase, with the consumer price index rising by 0.2% compared to expectations of 0.3%.Remember, this popular measure of inflation excludes energy and f...Read More
U.S. President Donald Trump announced on Tuesday that the United States is officially walking away from the 2015 Iranian nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA).As Anti-Media has already outlined, it appears that right from the get-go, it was the United States that implemented this agreement in bad faith - not Iran. To put it bluntly, the United States is t...Read More
Barrick Gold has agreed to increase its stake in Midas Gold to 20 percent and join forces to develop the Stibnite Gold project in Idaho.Read full newsRead More
The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More
The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More
The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More
The blue-chip index grabbed a seventh straight positive finishThe Dow capped off a strong week by closing higher for a seventh consecutive session, securing its longest winning streak in six months. Healthcare stocks were in focus most of the day, as President Donald Trump outlined a plan he promised would "lower prices at the pharmacy counter." The S&P 500 also rose today, though a cooling tech s...Read More