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 price of gold and gold mining stocks were very competitive in 2017. The yellow metal ended the year up a little more than 13 percent-its best year since 2010-while gold stocks, as measured by the NYSE Arca Gold Miners Index, gained more than 11 percent. All of this occurred even as large-cap stocks regularly closed at all-time highs and cryptocurrencies invited massive speculation.We can than...Read More

After touching a record high in intraday trading,the Dow ended the day just below breakeven, snapping a four-session win streak. However, the S&Pand Nasdaq both finished at record closing highs, and have yet to end a session in 2018 in the red. A rally in several tech and retail stocks helped push the indexes higher, though bank stocks pulled back ahead of the start of fourth-quarter earnings seas...Read More

Recently formed Equinox Gold (TSX-V:EQX) announced that its board of directors approved $146 million for the full-scale construction at the Aurizona Gold mine, located in the Maranh??o state of north-eastern Brazil.With the idea of pouring gold in late 2018, the company says it has already spent $25 million advancing detailed engineering work, raising the existing tailings facility, refurbishing e...Read More

Enforcer Gold Corp (TSXV:VEIN,FSE:N071) is pleased to announce the appointment of Antoine Fournier as Vice President of Exploration. President & CEO, Steve Roebuck, comments: 'We are very pleased to welcome Antoine Fournier to the Enforcer team. Antoine is a highly skilled geologist and mining executive with a diverse background in exploration in northern Ontario and Quebec. He is pa...Read More

Universal Display Corporation (NASDAQ:OLED) had a huge year in 2017 and that momentum is carrying over to the new year, with the shares adding 8.7% today to trade at $194.90, earlier tapping a record high of $196.90. This move comes after Susquehanna earlier lifted its price target to $215 from $195. OLED stock could also be feeling tailwinds fromCES, where a number of new products have featured O...Read More

Cirrus Logic, Inc. (NASDAQ:CRUS) stock was downgraded this morning by KeyBanc to "sector weight" from "overweight." The firm cited Apple (AAPL) as the reason for the downgrade, due to fears that the iPhone X sales may be "worse than expected." The news has CRUS stock down 0.5% today at $53.60. CRUS shares have lost 16% during the past six months, and fell to an annual low of $48.61 on Dec 6. A mi...Read More

Falco Resources Ltd. (TSXV:FPC) ('Falco' or the 'Company') is pleased to announce the appointment of Mr. Ronald Bougie to the position of Vice President Engineering and Construction and Mr. Guy Belleau to Mine General Manager for the Horne 5 Project. Mr. Bougie has over 25 years of construction and project development experience gained throughout the construction of several suc...Read More

It's another record-setting day on Wall Street, with the Dow, S&P 500 Index (SPX), and Nasdaq Composite (IXIC) fresh off all-time peaks. While the major market indexes are trading in a tight range, however, several individual stocks are making big moves, including electric car maker Tesla Inc (NASDAQ:TSLA), Snapchat parent Snap Inc (NYSE:SNAP), and gene-editing name Intellia Therapeutics Inc (NASD...Read More

(The opinions expressed here are those of the author, a columnist for Reuters)Read full newsRead More

GoPro Inc (NASDAQ:GPRO) stock fell to a record low of $5.04 today, after the firm cutits fourth-quarter sales forecast, announced plans to cut its workforce, and said it will exit the drone business. In addition, the firm slashed the price of its Hero6 cameras, and announced the departure of two high-level executives. However, GPRO stock is off its session lows, at last check, amid reports the fir...Read More

OPEC is monitoring unrest in Iran as well as Venezuela's economic crisis, but the group will only boost output if there are significant and sustained production disruptions from those countries, a senior OPEC source from a major Middle Eastern oil producer said.Read full newsRead More

Not many people had expected the U.S. to turn to Europe for natural gas this winter.Read full newsRead More

Weight Watchers International, Inc. (NYSE:WTW) stock is among the best of the S&P 500 Index (SPX) today, after Oprah Winfrey -- a major WTW stakeholder -- fueled speculation about a serious presidential bid in 2020. Against this backdrop, WTW shares were last seen 13.3% higher at $53.14, on pace for their best day since an early November post-earnings bull gap. What's more, Weight Watchers options...Read More

U.S. stocks enjoyed their best start to a calendar year in over a decade last week, as traders enjoyed a belated Santa Claus rally. But what could that mean for the rest of the year? Below, we break down the stats for the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC), and what huge gains in Week 1 have meant historically.Dow's Best Start to the Year Since 200...Read More

GrubHub Inc (NYSE:GRUB) stock has received a flurry of analyst attention today. While Wedbush downgraded the online restaurant delivery concern to "neutral" from "outperform,"the brokerage firm also upped its price target by $5 to $70. Two other firms chimed in with price-target hikes as well, including Jefferies (to $73) and Wells Fargo (to $68). It appears the hikeswere not enough to offset the...Read More

U.S. stocks are trading in a tight range today, as the market continues to absorb last week's huge gains. While the Nasdaq Composite (IXIC) has managed to push higher, both the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are holding just below breakeven -- potentially due to a round of profit-taking -- though all three indexes tagged record highs earlier. There's little to digest on...Read More

Gold prices closed higher for an 11th straight session on Friday -- the longest daily win streak on record. And while February gold futures are trading down 0.2% today at $1,319.80 an ounce, they are still holding near September highs. This price action has been mirrored in the SPDR Gold Trust ETF (GLD), though bullish options traders have been relatively absent amid the recent boon. After bottomi...Read More

KOLWEZI, Democratic Republic of Congo, Jan. 08, 2018 (GLOBE NEWSWIRE) - Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that ongoing upgrading work at the Mwadingusha hydropower plant in the Democratic Republic of Congo (DRC) has almost tripled the plant's interim power output from 11 to 32 megawatts (MW)....Read More

KOLWEZI, Democratic Republic of Congo, Jan. 08, 2018 (GLOBE NEWSWIRE) - Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that ongoing upgrading work at the Mwadingusha hydropower plant in the Democratic Republic of Congo (DRC) has almost tripled the plant's interim power output from 11 to 32 megawatts (MW)....Read More

DUBAI, Jan 8 (Reuters) - An affiliate of Qatari conglomerate Aamal Co plans to build three factories to produce copper wires, aluminium bars and drums for cables, projects that could make the country more self-reliant in the face of an embargo by other Arab states.The factories will be established by Senyar Industries Qatar Holding, owned 50 percent by Aamal and 50 percent by Egyptian cable maker...Read More