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

World stocks hit a new all time high on Friday with U.S. equity futures rising for the 8th trading day out of 9 in 2018 and the Dow is just a little over 300 points away from 26,000. The euro surged to a three-year high as Germany was said to reach aRead full newsRead More

The euro jumped to its highest level in three years after German negotiators reached a preliminary accord on a coalition.Read full newsRead More

The Dow Jones Industrial Average (DJI) is putting an exclamation point on its big week, with the index rallying over 200 points to fresh record highs. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have surged to all-time peaks, too, despite weakness out of the tech sector, highlighted by Facebook (FB) stock's slide. Financial shares are picking up the slack, with Dow component JPMorgan Chase...Read More

The stock markets have rocketed higher since Trump's election win on hopes for big corporate tax cuts. This extreme rally has left stocks exceedingly overvalued and overbought today. A major selloff is long overdue and likely imminent. When stocks inevitably roll over and mean revert lower to rebalance away euphoric sentiment, gold is the main beneficiary. Gold investment demand soars when stocks...Read More

Social media stocks are in the spotlight today, after Facebook (FB) said it is adjusting its News Feed strategy -- earning the FAANG stock a rare downgrade. FB rival Snap Inc (NYSE:SNAP) was also downgraded today, with Raymond James lowering its rating to "underperform" from "market perform," saying Snapchat user growth remains challenging, and that that the platform's young audience isn't as attr...Read More

By Collin Kettell on January 12, 2018?>>?Frank discusses gold and Hive Blockchain, a company where he is chairman. They have partnered with Genesis. Hive is a cryptocurrency mining and investing company. He became interested in the space when found out that the CEO of Fidelity a company with two trillion in funds has been discussing bitcoin. He says, "Something big is happening." Hive made far mor...Read More

News of a political breakthrough for German Chancellor Angela Merkel has the U.S. dollar cooling against the euro. In turn, February gold futures are flirting with four-month highs, while a fresh round of bullish brokerage notes is also drawing attention to gold stocks. Among those in focus are Agnico Eagle Mines Ltd (NYSE:AEM), Barrick Gold Corp (NYSE:ABX), and Yamana Gold Inc. (NYSE:AUY). Here'...Read More

Twitter Inc (NYSE:TWTR) has been a long-time punching bag for Wall Street, but the social media stock has been a technical outperformer since bottoming at $14.12 last April. In fact, it just surged 42.3% in the fourth quarter. This technical strength is continuing today, with the shares last seen trading at a two-year high of $25.70, as a bullish analyst note has lifted TWTR stock 5.8% this mornin...Read More

Electronic Arts Inc. (NASDAQ:EA) is down 0.8% to trade at $111.00 this morning, after Morgan Stanley downgraded the video game stock to "equal weight" from "overweight," while issuing a price-target cut to $120 from $126. Morgan Stanley cited weak digital revenue for its "Star Wars" game, as well as the company's conservative stance on upcoming titles, as reasons for the downgrade. SunTrust Robins...Read More

Facebook, Inc. (NASDAQ:FB) is falling in early trading, after CEO Mark Zuckerberg, announced that the social media platform will be filtering its News Feed to prioritize what's been shared by a user's family and friends, as opposed to non-advertising content produced by publishers and other businesses. Zuckerberg said he expects the shift to have a negative impact on user engagement and time spent...Read More

US-based Planetary Resources is now a step closer to begin mining asteroids as it successfully launched Thursday night its Arkyd-6 spacecraft, the company's second technology for celestial bodies-observing tests.The Redmond, Washington-based firm had been working on its Arkyd-6 imaging satellite for years with the goal of developing a tool able to deliver affordable, on-demand intelligence of n...Read More

Futures on the Dow Jones Industrial Average (DJI) are trading well above fair value, after the blue-chip index closed at a fresh record high on Thursday. Traders are cheering signs of political stabilization in Germany -- where Chancellor Angela Merkel's CDU party and Martin Schulz's Social Democratic party have reportedly agreed to an outline to begin formal coalition negotiations -- as well as d...Read More

Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, received Friday approval from Angolan President Joao Louren??o to expand its stake in local producer Catoca.The deal, worth $70 million, gives Alrosa a further 8.2% stake in Catoca Mining, providing the diamond giant with access to a production base outside Russia.Deal gives Alrosa a further 8.2% stake in Catoca Mining, p...Read More

Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, received Friday approval from Angolan President Joao Louren??o to expand its stake in local producer Catoca.The deal, worth $70 million, gives Alrosa a further 8.2% stake in Catoca Mining, providing the diamond giant with access to a production base outside Russia.Deal gives Alrosa a further 8.2% stake in Catoca Mining, p...Read More

Indonesian authorities inked Friday a deal with state-owned holding Asahan Aluminum, or Inalum, which sets a framework for Freeport-McMoRan (NYSE:FCX) to transfer control of its massive Grasberg copper and gold mine as agreed last year.The country and the Phoenix, Arizona-based miner had arranged in principle in August that up to a 51% stake in Freeport's local unit, PT Freeport Indonesia (PTFI),...Read More

Indonesian authorities inked Friday a deal with state-owned holding Asahan Aluminum, or Inalum, which sets a framework for Freeport-McMoRan (NYSE:FCX) to transfer control of its massive Grasberg copper and gold mine as agreed last year.The country and the Phoenix, Arizona-based miner had arranged in principle in August that up to a 51% stake in Freeport's local unit, PT Freeport Indonesia (PTFI),...Read More

Indonesian authorities inked Friday a deal with state-owned holding Asahan Aluminum, or Inalum, which sets a framework for Freeport-McMoRan (NYSE:FCX) to transfer control of its massive Grasberg copper and gold mine as agreed last year.The country and the Phoenix, Arizona-based miner had arranged in principle in August that up to a 51% stake in Freeport's local unit, PT Freeport Indonesia (PTFI),...Read More

Track shifts in trading by currency as regulatory conditions changeRead full newsRead More

While debate rages over how much lithium the battery industry can consume, there's a more scarce mineral that has carmakers worried.Read full newsRead More

Canada's First Majestic Silver (NYSE:AG) (TSX:FR) has agreed to buy fellow miner Primero Mining (TSX:P) in a cash and stock deal valued at $320 million, including debt.With the acquisition, the Mexico-focused company gains access to Primero's flagship asset, the San Dimas silver-gold mine, located in what First Majestic defines as it "backyard", in the state of Durango.As a result of the trans...Read More