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

Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More

Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More

Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $5,550,500 (the 'Offering'). Sprott Capital Partners acted as lead agent, on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc. (collectively, the 'Agents...Read More

Oil prices had a huge dayStocks rallied today, taking their cue from a surge in oil prices following President Donald Trump's decision to pull the U.S. from the Iran nuclear deal. Thanks to a strong second-half push, the Dow closed the day well into triple-digit-gain territory, overcoming Walt Disney's (DIS) weak earnings reaction and Walmart's (WMT) M&A-related sell-off. For economic data, trader...Read More

North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases.This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates, which makes dollar-priced gold a less a...Read More

North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases.This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates, which makes dollar-priced gold a less a...Read More

Mines and Money Daily Issue 37 Onsite report from Mines and Money New York. by Andrew Thake, Mines and Money This year's Mines and Money New York kicked off on Tuesday.Read full newsRead More

WMT bought a controlling stake in India's e-tailer FlipkartUnder growing pressure from Amazon (AMZN), Walmart Inc (NYSE:WMT) said it paid $16 billion for a 77% controlling stake of Indian e-tailer Flipkart. The deal is the biggest ever for the U.S. retailer, with the company saying it could lower its full-year per-share earnings by 25 cents to 30 cents. In reaction, WMT shares are trading down 2.5...Read More

TWLO is eyeing its best day since 2016 after earningsStocks are surging today, as oil prices continue to climb. Retail giant Sears Holdings Corp (NASDAQ:SHLD) and cloud stock Twilio Inc (NYSE:TWLO) are soaring, while airliner American Airlines Group Inc (NASDAQ:AAL) is grounded. Here's a closer look at what has shares of SHLD, TWLO, and AAL moving today.Sears Stock Higher After Scoring Amazon Tire...Read More

Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") the "Company") a leading Canadian gold and copper mineral explorer in Cambodia, is pleased to announce that it is proceeding with a financing for up to CDN $2 million in unsecured convertible notes of the Corporation (the 'Notes').Read full newsRead More

Last time this rare options signal sounded, the shares skyrocketedTenet Healthcare Corp (NYSE:THC) stock has been on fire lately, with the shares exploring two-year highs in the wake of last week's earnings win. What's more, THC options are trading at a relative bargain, despite the equity's advance. The last time Tenet shares were trading near new highs and simultaneously sported attractively pri...Read More

Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.Read full newsRead More

Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.Read full newsRead More

Put buying has been unusually popular on FTRTelecom stock Frontier Communications Corp (NASDAQ:FTR) continues to struggle on the charts, down another 8.8% today at $8.92, following a bear note out of Citigroup. An analyst there downgraded FTR shares to "sell" from "neutral," and cut his price target by $1.00 to $6.25, expecting increased pressure on the company's free cash flow going forward. Opti...Read More

Japan Gold (TSXV:JG) ('Japan Gold' or the 'Company') is pleased to announce updates to the Company's website, which will provide a detailed summary of all of Japan Gold's projects include project highlights, historical data, exploration potential, recent work and exploration plans, where applicable.Read full newsRead More

Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF)('Fremont' or the 'Company') is pleased to announce that it has commenced a five-hole drill program totalling a minimum 1000m at Gold Bar and Gold Canyon in northern Nevada (see Fremont news release dated March 5, 2018).Read full newsRead More

The potential to become wealthy often means investing in an enterprise when it is small and waiting for the entity to grow large. For this reason, many investors are willing to take chances on what they believe to be hot penny stocks.Investors in these stocks often lose everything … but they can also end up earning massive profits from a small amount of investment capital. For example, Book...Read More

A Tesla Model S burst into flames after aRead full newsRead More

Oil stocks are on the rise after the U.S. withdrew from the Iran nuclear dealIn the wake of President Donald Trump's decision to pull the U.S. out of the Iran nuclear deal, oil prices have skyrocketed. At last check, June-dated crude was up 2.9% at $71.07 per barrel. Oil stocks are enjoying the bounce, including Anadarko Petroleum Corporation (NYSE:APC) and Callon Petroleum Company (NYSE:CPE),...Read More

Energy stocks CVX and XOM are some of the Dow's bet performersStocks are cautiously higher at midday, with oil prices on the mend following the U.S. decision to withdraw from the Iran nuclear deal. June crude futures have soared 2.7% to $70.90 per barrel, at last check, and energy stocks are lifting the S&P 500 Index (SPX). Likewise, oil giants Chevron (CVX) and Exxon Mobil (XOM) are near the top...Read More