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

There's plenty in the ground to meet the needs of an electric-car future, but not enough mines.Read full newsRead More

The United Nations has announced the UN Security Council will convene Friday to discuss the situation in the Middle East, following calls by the US to hold an emergency session on the protests in Iran.Read full newsRead More

CAIRO: Daesh's Sinai branch said it executed one of its members for collaborating with the Palestinian Hamas movement, and called for the killing of all Hamas members and anyone cooperating with it. The "judge" of the Sinai Province terrorist organization described Hamas as an "apostate" group because of its security cooperation with Egypt, its prevention of fighters from moving from Gaza to the S...Read More

The Bloomberg Commodities Spot Index, tracking the price of 22 raw materials, jumped to its highest since December, 2014, on ThursdayRead full newsRead More

U.S. President Donald Trump has signaled support for anti-government protests in Iran, but in two weeks he faces a decision on U.S. policy toward the Islamic Republic that suddenly seems riskier than it did a week ago.Read full newsRead More

Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fueled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports.Read full newsRead More

China plans to curb the rise of the machines as power surpluses dwindle.Read full newsRead More

Australia-based SolGold has released a maiden resource for the Alpala deposit at its Cascabel copper-gold porphyry project in Ecuador.Read full newsRead More

Following a $54 million impairment charge in its Nzema mine, located approximately 70km from Takoradi in southwestern Ghana, Endeavour Mining (TSX:EDV) announced it has sold its 90% stake in the project to African contracting group BCM International. The remaining 10% is held by the Ghanaian government.The transaction was originally disclosed in August last year and it was completed in late Decemb...Read More

Following a $54 million impairment charge in its Nzema mine, located approximately 70km from Takoradi in southwestern Ghana, Endeavour Mining (TSX:EDV) announced it has sold its 90% stake in the project to African contracting group BCM International. The remaining 10% is held by the Ghanaian government.The transaction was originally disclosed in August last year and it was completed in late Decemb...Read More

The yellow metal fell quickly to $1,308.20 per ounce after the latest Fed minutes were released at 2:00 p.m. EST on Wednesday.Read full newsRead More

The Trump administration unveiled a controversial proposal Thursday to permit drilling in most U.S. continental-shelf waters, including protected areas of the Arctic and the Atlantic, where oil and gas exploration is opposed by governors from New Jersey to Florida, nearly a dozen attorneys general, more than 100 U.S. lawmakers and the Defense Department. Under the proposal, only one [...]Read f...Read More

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019."We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting lon...Read More

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019."We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting lon...Read More

Subscribers to Schaeffer's Weekly Options Countdown service doubled their money earlier this week on our FedEx Corporation (NYSE:FDX) weekly 1/5 245-strike call recommendation. Here's a closer look at what put FDX stock on our bullish radar for the first week of 2018, and how the options trade we recommended last Sunday, Dec. 31, unfolded.On Tuesday, Dec. 19, FedEx reported blowout fiscal second-q...Read More

Roxgold Inc. (TSX:ROXG) announced that the Ministry of Environment and Sustainable Development of Burkina Faso has granted the company permitting approval to develop the Bagassi South project, located within its high-grade Yaramoko gold mine in the Hound?(C) greenstone region of the West African country."The approval of the Environmental and Social Impact Assessment for Bagassi South allows us to...Read More

Roxgold Inc. (TSX:ROXG) announced that the Ministry of Environment and Sustainable Development of Burkina Faso has granted the company permitting approval to develop the Bagassi South project, located within its high-grade Yaramoko gold mine in the Hound?(C) greenstone region of the West African country."The approval of the Environmental and Social Impact Assessment for Bagassi South allows us to...Read More

Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ('Wallbridge') is pleased to announce the appointment of Dr. Attila Pentek as Vice President, Exploration effective January 1, 2018, subject to TSX approval.Read full newsRead More

U.S. stocks had another stellar day, with the Dow topping the 25,000 mark for the first time in history. A solid day for financial stocks helped the blue-chip index higher, overshadowing losses from Intel (INTC). Likewise, the S&P and Nasdaq also touched fresh record highs, as Wall Street applauded encouraging data on private-sector payrolls ahead of tomorrow's monthly jobs report. Commodities al...Read More

It could be the sharp urban-rural divide, worries about a breakdown in authority or scars from the 2009 uprising. But whatever the cause, residents of the capital are sitting this one out.Read full newsRead More