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

SandRidge Energy Inc's biggest shareholder, Carl Icahn, called on Tuesday for the replacement of two directors and the removal of a poison pill barring individual shareholders from accumulating more than 10 percent of the U.S. shale producer's stock.Read full newsRead More

Department of Energy says US to produce more than 11 million barrels per day by end of next year - Anadolu AgencyRead full newsRead More

Brixton Metals Corporation (TSXV:BBB) (the 'Company' or 'Brixton') is pleased to announce that, following the completion of its $3 million private placement, the Company has commenced drilling at its Langis and Hudson Bay projects located in the Cobalt Camp of Ontario, Canada. Drilling is currently underway and is focusing on high grade cobalt and silver targets as extension of...Read More

Gold and silver will see a sell off if they fail to break key resistances of $1327 and $1740. Copper needs to trade over $318.40 for the rest of the week to prevent a sell off. Crude oil looks headed for $65.00. Crypto currency volatility (I will not call it a sell off) should be positive for bullion. Chinese demand will zoom in bullion before their New Year next month. Chinese buyers will be us...Read More

Gold and silver will see a sell off if they fail to break key resistances of $1327 and $1740. Copper needs to trade over $318.40 for the rest of the week to prevent a sell off. Crude oil looks headed for $65.00. Crypto currency volatility (I will not call it a sell off) should be positive for bullion. Chinese demand will zoom in bullion before their New Year next month. Chinese buyers will be us...Read More

Add Mike Novogratz to the list of investors looking to Canada for a quick route to public markets to tap the latest crazesRead full newsRead More

Chile's Codelco, the world's top copper producer, announced today that it will invest $250 million to modify the shape of the current pit at its Andina mine, located in the Valpara?-so region. The goal of the plan is to redirect mineral extraction toward zones where there are no glaciers, while still maintaining the size of the mine and expected output. In a media statement, Codelco said that ther...Read More

Chile's Codelco, the world's top copper producer, announced today that it will invest $250 million to modify the shape of the current pit at its Andina mine, located in the Valpara?-so region. The goal of the plan is to redirect mineral extraction toward zones where there are no glaciers, while still maintaining the size of the mine and expected output. In a media statement, Codelco said that ther...Read More

The company, which was formed last year from the combination of NewCastle Gold, Anfield Gold and Trek Mining, says 2018 will be a milestone year.Read full newsRead More

SANAA: A threat by Houthi militias to cut off vital Red Sea shipping routes is a "flagrant" challenge to international law, according to a Yemeni minister. Abdul-Raqib Fat'h, a minister and chairman of the Yemeni Higher Relief Committee, said in a statement to a Yemeni news agency, and quoted by SPA, that the threat to cut off international navigation in the Red Sea is an "open and flagrant challe...Read More

General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.Read full newsRead More

Brent touches $68.29 per barrel as US inventories drop, however, Iran says Opec is 'not keen' on an oil price riseRead full newsRead More

U.S. stocks continued to march higher, with all three major market indexes touching fresh record highs. Itmarks the first time since 2000 in which the Dow, S&P, and Nasdaq all touched a record high within the first six sessions of the year, as well as the first time ever that they have notched all-time highs in each of the first six sessions. This monumental day was guided by a rally in healthcare...Read More

The odds of a rate hike at the next Bank of Canada meeting more than doubled after a blockbuster December jobs report, but Canada's best-performing preferred share fund isn't rushing to adjust its strategy.Read full newsRead More

Newrange Gold Corp. (TSX VENTURE: NRG) (OTC PINK: CMBPF) (FRANKFURT: X6C) ('Newrange' or the 'Company') is pleased to announce multiple new rock units favorable for hosting gold mineralization have been identified in the Merritt target area at the Company's 100% controlled Pamlico Project in western Nevada.Read full newsRead More

In early August, Sprint Corp (NYSE:S) lost its footing atop its formerly supportive 200-day moving average, and the shares have been struggling since -- a move only exacerbated by the telecom concern's cancelled merger with T-Mobile (TMUS) in early November. Today, S stock is down 0.5% to trade at $5.76, and some options traders have been bracing for even bigger losses.Taking a closer look at the...Read More

Gold's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More

Gold's outperformed most major assets since the U.S Federal Reserve last month raised interest rates -- even bitcoin.Read full newsRead More

The U.S. gold market suffered a net deficit this year compared to a small surplus in 2016. This was quite interesting because U.S. physical gold demand will be down considerably this year. In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150 metric tons this year. The majority of the decline in U.S. gold demand is from the physical bar and coin sector that is down 56%...Read More

Switzerland's central bank said it expects to make a record profit of $55.2 billion in 2017, citing higher global equity and bond prices as well as a weaker Swiss franc.Read full newsRead More