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 unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology will start shifting back to b...Read More

It's another wild day of trading for U.S. stocks, as recent volatility persists. The Dow Jones Industrial Average (DJI) has traded in a range of more than 500 points on both sides of breakeven, but was last seen modestly lower. After plunging into correction territory yesterday, the index is now pacing for its worst week since October 2008, during the heart of the financial crisis. The S&P 500 Ind...Read More

JOHANNESBURG, Feb 9 (Reuters) - South Africa's Kumba Iron Ore said on Friday it had reversed a 4.8 billion rand ($396 million) pretax impairment charge on its Sishen mine in its 2017 results, following an improved operational performance at the mine.The unit of Anglo American said reversal, net of tax and non-controlling interest, was 2.6 billion rand and would be included in its basic earnings bu...Read More

Expedia Inc (NASDAQ:EXPE) stock is struggling today, down 16.8% to trade at $102.39 -- fresh off an annual low of $102.06 and on track for its worst day since July 2013. The freefall comes after the company reported fourth-quarter earnings and revenue below analyst forecasts. Expedia also gave a disappointing 2018 forecast -- citing marketing costs that would outpace revenue growth -- and several...Read More

Image: ShutterstockCopper and base metals markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81,500 a tonne yesterday, a 147% surge since the beginning of 2017.Lithium carbonate prices began its run up two years ago, going from $6,100 per tonne to average $23,350 so far this year on hop...Read More

Image: ShutterstockCopper and base metals markets are having terrible week, but the rally in the price of cobalt shows no signs of fizzling out. The metal quoted on the LME rose to a fresh 9-year peak of $81,500 a tonne yesterday, a 147% surge since the beginning of 2017.Lithium carbonate prices began its run up two years ago, going from $6,100 per tonne to average $23,350 so far this year on hop...Read More

Casino stocks Wynn Resorts, Ltd (NASDAQ:WYNN) and Penn National Gaming, Inc (NASDAQ:PENN) were targeted by analysts this morning, with both securities trading lower, at last check.Below, we will take a look at today's analyst notes, and how WYNN and PENN stocks have been faring on the charts of late.Analyst: Take Profits on WYNNWynn Resorts stock gapped lower in late January, backing down from thr...Read More

Initial reports of an Amazon delivery service weighed on FedEx Corporation (NYSE:FDX) and United Parcel Service, Inc. (NYSE:UPS) stocks back in October, though Goldman Sachs analysts called the concerns overblown. Today, however, FDX and UPS stocks are once again in the red, amid reports that Amazon.com (AMZN) is planning to roll out "Shipping with Amazon" -- a service that delivers packages from...Read More

West Africa-focused gold producer Avocet Mining (LON:AVM) has finally concluded the three-times delayed sale of some key assets in Burkina Faso for $5 million to Ghana-based Balaji Group, a move that should avoid a looming bankruptcy.The $5-million deal includes the Inata gold mine and the Souma exploration project.The transaction, which includes the Inata gold mine and the Souma exploration pro...Read More

West Africa-focused gold producer Avocet Mining (LON:AVM) has finally concluded the three-times delayed sale of some key assets in Burkina Faso for $5 million to Ghana-based Balaji Group, a move that should avoid a looming bankruptcy.The $5-million deal includes the Inata gold mine and the Souma exploration project.The transaction, which includes the Inata gold mine and the Souma exploration pro...Read More

Amid swinging stock futures, shares of FireEye Inc (NASDAQ:FEYE) have jumped 13.6% in electronic trading, after the cybersecurity company reported an adjusted fourth-quarter profit of 1 cent per share -- its first since going public in 2013 -- citing cost-cutting measures and its new subscription-based structure. FEYE also gave better-than-expected full-year guidance.Wall Street has been quick to...Read More

Stock futures have swung wildly this morning, suggesting another volatile session could be in store. After falling into correction territory yesterday,Dow Jones Industrial Average (DJI) futures are trading above fair value, and the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are pointed higher. As of yesterday's close, the Dow is on track to post its worst weekly loss since October 2008, while...Read More

(Bloomberg) Adani Enterprises Ltd. can't catch a break.The Indian conglomerate trying to build one of the world's largest coal mines has already had its own funding bid for a rail line stymied by the Queensland state government. Now, a funding proposal for another line that could carry its coal to the coast for export has been canned.Rail operator Aurizon Holdings Ltd., which hoped to build a c...Read More

Canada's top uranium producer Cameco (TSX:CCO) (NYSE:CCJ) injected some optimism in the depressed yellow powder market by posting a better-than-expected quarterly profit, on the back of improved prices and its efforts to cut production to ease a current oversupply.Uranium prices have fallen more than 70% since the Fukushima disaster in 2011, remaining low since then as a result of global glut of...Read More

Endeavour Mining has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4 percent this year, its country manager said on Friday.The Canadian company's Agbaou and Ity mines yielded a combined 236,000 ounces of gold last year, and plan to produce 245,000 in 2018.But operations in Agbaou were re...Read More

Endeavour Mining has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4 percent this year, its country manager said on Friday.The Canadian company's Agbaou and Ity mines yielded a combined 236,000 ounces of gold last year, and plan to produce 245,000 in 2018.But operations in Agbaou were re...Read More

Namibia's top diamond producer, Namdeb, a 50/50 joint venture company between the country's government and De Beers it's selling its Elizabeth Bay mine in a move that will affect at least 130 of its 1,700 employees.The announcement comes three weeks after the company wrote to staff offering voluntary redundancies, saying the move sought to ensure the sustainability of Namdeb land-based operations....Read More

VANCOUVER, B.C., Feb.08, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfurt:FMG) is ple...Read full newsRead More

The U.S. tobacco giant has many ways to profit in the year ahead and beyond.Read full newsRead More

LOVELOCK - An agency that encourages stewardship over prohibition is the Environmental Protection Agency that Administrator Scott Pruitt represented to the Nevada mining industry on Feb. 5.Read full newsRead More