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 American bank warned investors "be ready for some near-term, supply-driven volatility" in the copper market.Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsB2Gold produced 1.03Moz in 2022. The C$1.Read More
(IDEX Online) - US and EU officials are to consult diamond industry leaders on further measures against Russia for its "unprovoked war in Ukraine".James O'Brien, head of the Office of Sanctions Coordination in Joe Biden's administration, will seek the views of diamond retailers, manufacturers, laboratories, and industry trade associations.The US currently sanctions rough diamonds from Ru...Read More
The pricing will be at the higher of the five-day volume-weighted average price (VWAP) in the period immediately following this announcement and the five-day VWAP for the five-day trading periodRead More
2022 was a bumper year for diamond sales, thanks to pent-up demand from the market, and a buoyant global economy, but the pace has lagged in 2023, thanks to a slowdown of activity in China.Read More
Look beyond market approach to project valuations: van ZylLeadershipPutting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources The pricing will be at the higher of the five-day volume-weighted average price (VW...Read More
First Quantum Minerals' (TSX: FM) shares rose Wednesday after the company said its local unit Minera Panama inked a draft concession contract with the Panamanian government for the Cobre Panama mine.The proposed agreement, which follows months of difficult negotiations, meets the goals the government outlined in January 2022 regarding government revenues, environmental protections, labour standard...Read More
With the South American country assembling cars for many different manufacturers, the company saw an opportunity to harness their concerns about supply threats to their supply chain to help furtherRead More
Amid an increasing demand for nickel, driven largely by the growing need for electric vehicle batteries, a handful of exploration companies are making their mark in Sudbury's historic and prolific nickel mining camp.Magna Mining (TSXV: NICU), SPC Nickel Corp. (TSXV: SPC) and Archer Exploration (CSE: RCHR), which all have properties in the region of northern Ontario, have announced a series of prom...Read More
(IDEX Online) - Hong Kong's sales of watches, jewelry, clocks and other valuable gifts leapt 23.1 per cent in January, buoyed by an early lunar Chinese New Year and Covid relaxations. It follows a yo-yo 2022, marked by dramatic monthly drops (-35.9 per cent in April) and increases (30.1 per cent in July). Sales for January 2023 were $566.8m, the highest figure for three years, according to th...Read More
Mr. Powell frightened the horses yesterday.The Dow Jones Industrial Average plunged 532 panicked points on his congressional testimony that:We continue to anticipate that ongoing increases in the target range for the federal funds rate will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time. In addition, we are continu...Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsMore than 220 organizations, with representation from groups involved in the defence of water, l...Read More
Putting local content at heart of ESG effortsSPONSOREDsaudi ministry of industry and mineral resourcesBarksdale has line of sight on Sunnyside permitSPONSOREDbarksdale resourcesMid-tier Aeris on copper growth trajectorySPONSOREDaeris resources Alma in right commodity at right addressSPONSOREDalma metalsThe company said it also provides legal protections necessary to both parties to ensure durabili...Read More
The rising popularity of electric vehicles (EVs) has led to an increase in the need for battery metals such as cobalt, lithium, nickel, and copper.However, obtaining these metals can be a challenge for automakers due to a number of issues ranging from geopolitics to competitive supply chains. In response to those issues, EV manufacturers are going directly to the source.In recent years, automakers...Read More
(IDEX Online) - De Beers today announced slower sales during Cycle 2, down 24 per cent on last year, as uncertainty persists and many sightholders delayed purchases. Total sales were $495m (provisional) compared with $652m during Cycle 2 of 2022. They were up nine per cent on the previous Cycle. De Beers reportedly raised the prices of smaller goods at its latest sight, amid speculat...Read More
P10, Inc. (NYSE:NYSE:PX) Q4 2022 Earnings Conference Call March 6, 2023 5:00 PM ETCompany ParticipantsRobert Alpert - Chairman & Co-CEOMark Hood - EVP, Operations & IRWilliam Souder...Read full newsRead More
Cyclacel Pharmaceuticals, Inc. (NASDAQ:NASDAQ:CYCC) Q4 2022 Earnings Conference Call March 6, 2023 4:30 PM ETCompany ParticipantsIrina Koffler - Investor RelationsSpiro Rombotis - President...Read full newsRead More
Domo, Inc. (NASDAQ:NASDAQ:DOMO) Q4 2023 Results Conference Call March 6, 2023 5:00 PM ETCompany ParticipantsPeter Lowry - Investor RelationsJohn Mellor - CEO (Outgoing)Josh James - CEOJulie...Read full newsRead More
Nutanix, Inc. (NASDAQ:NASDAQ:NTNX) Q2 2023 Earnings Conference Call March 6, 2023 4:30 PM ETCompany ParticipantsRichard Valera - Investor RelationsRajiv Ramaswami - President and Chief...Read full newsRead More
Cara Therapeutics, Inc. (NASDAQ:NASDAQ:CARA) Q4 2022 Results Conference Call March 6, 2023 4:30 PM ETCompany ParticipantsMatt Murphy - Manager, IRChris Posner - CEORyan Maynard - CFODr.Read full newsRead More