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

Drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA) stock is on the rise, after receiving an upgrade to "buy" from "neutral"from brokerage firm Citigroup. TEVA stock also scored a price-target hike to $24 from $16 -- a 50% increase -- as analysts continue to wax optimistic on Teva's job cuts and and dividend suspension plans. In notes to clients, Citigroup said it prefers "to move off the...Read More

Cowen and Company this morning weighed in on social media stocks Snap Inc (NYSE:SNAP), Facebook Inc (NASDAQ:FB), and Twitter Inc (NYSE:TWTR). While the update for SNAP shares was a bearish one, FB and TWTR both saw their price targets hiked. We'll take a closer look at the analyst attention and how the stocks are reacting below. Cowen Downgrades SNAP StockSnap is trading 4.4% lower out of the gate...Read More

Commodities are forging a record-setting run of gains that straddles the end of 2017 and the start of the new year as crude oil notches multiyear highs and investors bet that booming global manufacturing output will help to sustain rising demand for raw materials.Read full newsRead More

Tesla Inc (NASDAQ:TSLA) stock is down 2.9% to trade at $308.02 this morning, after the electric car company once again pushed back its production goal for its new Model 3. Tesla now expects to produce 2,500 Model 3s per week by the end of this quarter -- half of what it earlier forecast -- and won't hit itstarget of 5,000 Model 3s until the second quarter. In addition, the car concern's fourth-qu...Read More

Futures on the Dow Jones Industrial Average (DJIA) are trading well above fair value before of a busy economic day on Wall Street. Already, traders were hit with better-than-expected ADP jobs data -- which showed private payrolls jumped by 250,000 in December, compared to a consensus estimate of 188,000. After notching a new record high yesterday alongside the S&P 500 Index (SPX) and Nasdaq Compos...Read More

With VAT introduced on January 1, prices of most goods and services are set to rise by at least 5% UAE residents who have to pay value-added tax (VAT) on their gold purchases will find some comfort in retailers deciding to absorb the VAT costs for the month of January.Pure Gold Jewellers has announced that it will absorb VAT on all gold and diamond purchases from January 1 to 31, 2018.With VAT int...Read More

Meet Globe 24-7 at one of the world's premier technical mineral exploration conferences, AME's Mineral Exploration Roundup 2018 will take place in beautiful Vancouver, BC. Every year, explorers from around the world come together to share their latest findings, stories, successes and innovative ideas to further the exploration industry.As the industry gains momentum, and sees a resurgence in many...Read More

While it's pulled back a bit since New Year, the price of copper ended 2017 near a four-year high of $3.30 a pound ($7,260 per tonne) extending the bull run in the red metal for a second year. Measured from its multi-year lows struck at the beginning of 2016, copper has gained more than 70% in value.The rally for zinc has been even more spectacular with the metal, mainly used to galvanize steel, e...Read More

After overindulging during the holidays, most folks strive to get their lives back on track in January…This year will be different! No more sweets. No booze. Instead of snacking on the couch and binge-watching my favorite shows, I'll hit the gym three days a week...Of course, there are plenty of companies ready to cash in on your dubious resolutions. Weight Watchers (NYSE:WTW) is hyping the...Read More

Dear Reader,A new, long-term, secular bull market in gold has begun.This new trend will take gold past $1,400 per ounce by the end of 2018, past $4,000 per ounce by 2020 (if not sooner) and ultimately to $10,000 per ounce or higher by the mid-2020s.This bull market actually began on Dec. 17, 2015, when the dollar price of gold sank to $1,051 per ounce. This new bull market was two years old last w...Read More

The most important piece of evidence that the next great bull market in gold has begun is the technical behavior of the prior bear market itself.Over many decades, commodities rallies have exhibited 50% retracements (bear markets) before resuming their long-term upward trends based on the slow, steady devaluation of the fiat currency in which the commodities are priced.Using the $252 price from Au...Read More

Too many people are dying on our roads.The number of deaths annually - nearly 40,000 - means someone dies in a car every 13 minutes.The economic impact related to care and productivity losses amounts to over $80 billion. The National Highway Traffic Safety Administration estimates the overall economic cost of traffic accidents approaches $1 trillion.Despite the daunting figures, the truth is motor...Read More

Welcome to 2018!!It’s a brand new year with a brand new Trump agenda in play.And this time, there’s $1 trillion in government payments up for grabs!You might think that Trump and the Republicans might take a few weeks to catch their breath after passing the highly contested tax cut at the end of 2017.But even before leaving Washington for his Christmas vacation, Trump told reporters to...Read More

Mason Graphite's Lac Gueret graphite project near Baie Comeau, Quebec. Source: Mason Graphite Inc.Mason Graphite Inc. [LLG-TSXV; MGPHF-OTCQX] said Thursday January 4 that it has raised $45 million from a private placement offering of 18.75 million shares priced at $2.40 per share.Mason is a graphite mining and processing company focused on developing the 100%-owned Lac Gueret Project in northern Q...Read More

The Fort Hills oil sands project is located 90 km north of Fort McMurray, Alberta. Source: Suncor Energy Inc.Teck Resources Ltd. [TECK.B-TSX; TECK-NYSE] and Suncor Energy Inc. [SU-TSX] are taking a bigger stake in the Fort Hills oil sands project in Alberta, Teck said in a progress update. With an expected mine life in excess of 50 years, the Fort Hills oil sands project in the Athabasca region of...Read More

The United States was founded on secession. It didn’t have to be violent, but it was. Whose fault was that? Was it the United States’ fault for insisting on more local governance? Or was it England’s fault for ignoring the consent of the governed?In 1991, when Ukraine and Belarus declared their independence from the USSR, things did not end violently. They were allowed to exit th...Read More

Investors jumped back into copper on Thursday after reports that top consumer China is slashing import quotas of scrap metal, a bullish development first rumoured last year.After pulling back over the first three trading days of the year, Comex copper bounced back to just below $3.30 a pound ($7,270 per tonne) in New York, up over 1% from Wednesday's settlement. While gains were pared by early af...Read More

(IDEX Online) - Laurelton Diamonds Belgium BVBA will be holding viewings of its next tender of rough and sawn goods at the Antwerp Diamond Tender Facility.   The tender will include a selection of white, Cape rough parcels in sizes from +5 cts to -7 in regular and high quality assortments.   There will also be a range of white and yellow sawn Kaps offered in sized parcels from +3 gr to -...Read More

(IDEX Online) - Galatea Ltd., a wholly-owned subsidiary of Sarine Technologies Ltd has further stepped up its enforcement initiatives against the fraudulent use of its Galaxy (R) inclusion mapping technology and systems, Sarine said in a statement.   Galatea is taking action against a manufacturer in Surat, India for its deliberate under-reporting of rough stone weights and underpayment of am...Read More

(IDEX Online) - Retail business in Hong Kong's export markets is expected to grow in the coming year, according to a worldwide study of year-end sales released by the Hong Kong Trade Development Council (HKTDC).   The HKTDC report on preliminary 2017 Christmas sales in Hong Kong's key export destinations - including both traditional and emerging markets - found solid growth in the...Read More