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

Airline giant United Continental Holdings, Inc. (NYSE:UAL) sold off sharply after its late-January earnings report, as traders reacted negatively to news that UAL plans to increase capacity and continue matching prices with lower-cost carriers. Following this big bear gap, the stock is now trading directly below its 10-month moving average and staring up at the convergence of its 40-day, 200-day,...Read More

South32's South African coal assets will be spun off within six months, its president and chief operating officer Mike Fraser said.Fraser said that South32, which was spun out from BHP Billiton in 2015, had received a number of offers for the assets which it up for sale in November last year as part of a shift away from coal."After we made the announcement there was significant interest already fr...Read More

South32's South African coal assets will be spun off within six months, its president and chief operating officer Mike Fraser said.Fraser said that South32, which was spun out from BHP Billiton in 2015, had received a number of offers for the assets which it up for sale in November last year as part of a shift away from coal."After we made the announcement there was significant interest already fr...Read More

Dow name and tech powerhouse Apple Inc. (NASDAQ:AAPL) has pulled back with the broader market in recent days, but Cowen analyst David Seaburg said yesterday that you shouldn't count Apple out just yet, telling CNBC the stock is a "no-brainer." Of course, this comes after the company last week reported fiscal first-quarter earnings. Meanwhile, AAPL shares are bouncing back today, last seen up 2.1%...Read More

Gold demand rallied in the closing months of 2017, gaining 6% year-on-year in Q4 to reach 1,095.8 tonnes (t). However, overall demand for the full year fell by 7% to 4,071.7t, compared with 2016, according to the World Gold Council's latest Gold Demand Trends report.Inflows into exchange-traded funds (ETFs) continued steadily throughout the year, totalling 202.8t, but lagged behind the exceptional...Read More

Monday's broad-market sell-off sent the CBOE Volatility Index (VIX) up more than 115% -- its biggest one-day gain ever. As such, the VelocityShares Daily Inverse VIX Short-Term ETN (XIV) -- an exchange-traded note issued by Credit Suisse Group AG (NYSE:CS) that mirrors the inverse performance of VIX -- was down 14.3% at 99 when the stock market closed, and plunged more than 80% in after-hours trad...Read More

Shares of food delivery expert Grubhub Inc (NYSE:GRUB) and restaurant issue Wingstop Inc (NASDAQ:WING) have performed well over the past year, and analysts this morning are upwardly revising their outlooks. Below is a closer look at the bullish brokerage notes and how GRUB and WING stocks have been performing on the charts. Grubhub Set to Release Earnings This WeekGrubhub stock hit a record high o...Read More

Stock futures are pointed dramatically lower for the third straight day, following yesterday's historic collapse that saw the Dow down more than 1,100 points by the close. Specifically, Dow Jones Industrial Average (DJI) futures are trading more than 600 points below fair value, and S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also significantly lower. Stocks around the world a...Read More

Zimbabwe's mining industry, until now based mostly on platinum and diamonds, will soon count lithium as one of its key sub-sectors, as the country has struck a deal with an South African junior company whose project is expected to generate revenue of $1.4 billion over eight years.Speaking on the sidelines of a mining conference in Cape Town, Zimbabwe's new Minister of Mines and Mining Development,...Read More

U.S. stocks were in a tailspin again yesterday, with the Dow Jones Industrial Average (DJI) dropping more than 1,000 points in its steepest one-day loss ever. What's more, it was the fourth massive drop for the Dow in six sessions -- something we haven't seen in two years -- and the first time since the financial crisis that the index gave up 1.5% or more in back-to-back sessions. Below, we take a...Read More

Anglo American's De Beers, the world's largest rough diamond producer by value, is once again exploring for new deposits after securing 16 licences in South Africa, its home-country, and said it's also considering to apply for similar permits in Zimbabwe and the Democratic Republic of Congo."I'm excited about what I'm seeing in Zimbabwe," Phillip Barton, chief executive officer of De Beers' South...Read More

Chile's economy is poised to improve by mid-year as rebounding copper prices and President-elect Sebastian Pinera's promise of business-friendly policies increase optimism among investors, according to a central bank survey released on Tuesday.The study, which surveyed the perceptions of more than 200 business owners and managers throughout Chile, found that many of those interviewed had launched...Read More

955 workers were trapped in a mine shaft by a power cut on WednesdayRead full newsRead More

Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) is investing 200 million Swedish crowns (about $25 million) in a new titanium and nickel metal powder plant to strengthen its position in the metal 3D printing market.3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file. The technique, already popular in aeros...Read More

The Queen of Sheba was rightRead full newsRead More

* Gecamines wants renegotiations to start in second quarterRead full newsRead More

VANCOUVER, British Columbia, Feb.05, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfur...Read full newsRead More

These companies glittered more brightly than their peers.Read full newsRead More

During her last news conference in December, Janet Yellen stood firm on her record stating, "The global economy is doing well. We're in a synchronized expansion. This is the first time in many years that we've seen this."While attempting to lock in her record, Yellen urged, "There's less to lose sleep about now than has been true for quite some time."Well, a lot of people lost sleep these past few...Read More

We hope Mr. Jerome Hayden Powell enjoyed his first day on the job…After the Dow plunged an ominous 666 points Friday - and over 1,000 for the week - the Dow ended today 1,175 points lower.It was down 1,500 at one point.The S&P also plunged 113 crimson points today.The Nasdaq, 273.For these past boozy years investors have "bought the dip" after every substantial sell-off.Today... they did...Read More