News and Reports

Year in Review 2023 and Outlook for 2024

January 04, 2024

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

Year in Review 2022 and Outlook for 2023

January 2023

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: The Heart of Global Copper

October 2021

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 Gold

June 2021

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 Gold Mining and Canadian Juniors

April 2021

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

An Overview of the Golden Triangle

July 2020

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

An Overview of Quebec Gold Mining

April 2020

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

An Overview of the Red Lake Mining District

January, 2020

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

Gold Prices On Track for Best Annual Rally in 7 years

January 01, 1970 / in.investing.com

Investing.com - Gold prices hit a fresh one-month high on Friday in holiday-thinned trading and was on track for its best annual gains since 2010 as weakness in the dollar supported the precious metal.Comex gold futures rose 0.12% to $1,298.70 a troy ounce by 4:18AM ET (9:18GMT) Friday, just off its intraday high of $1,299.00 which was its highest level since November 29.Futures were on the rise f...Read More

CORRECTED-FOREX-Dollar stuck near 1-month low, commodity currencies buoyant

January 01, 1970 / in.investing.com

(Corrects reference to euro's performance in 16th paragraph to 2003 from 2013)* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and...Read More

FOREX-Dollar wallows near 1-month low, commodity currencies supported

January 01, 1970 / in.investing.com

* Dollar index stuck near 1-month low* Seasonal factors seen weighing on dollar at year's end* Australian, Canadian dollars at 2-month highsBy Shinichi SaoshiroTOKYO, Dec 29 (Reuters) - The dollar wallowed near a one-month low against a basket of currencies on Friday, while currencies like the Australian and Canadian dollars were at two-month highs thanks to firmer commodity prices.The dollar inde...Read More

PRECIOUS-Gold hits 1-month high as weaker dollar lifts commodities

January 01, 1970 / in.investing.com

* Technical signals for gold seen as positive-analyst* Silver ETF holdings edge up to highest since September* GRAPHIC-2017 asset returns: http://tmsnrt.rs/2jvdmXl (Updates prices, market comment; adds byline, NEW YORK dateline)By Chris Prentice and Jan HarveyNEW YORK/LONDON, Dec 28 (Reuters) - Gold extended gains on Thursday to a one-month high on a strong technical outlook and a U.S. dollar at a...Read More

FOREX-Dollar index hits 1-month low, bitcoin slides again

January 01, 1970 / in.investing.com

* Dollar index on track for worst year since 2003* Euro reaches 1-month high vs dollar* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin falls as South Korea curbs cryptocurrency trading (Updates market action, adds graphic on bitcoin)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a one-month low versus a basket of currencies on Thursday on a less upbeat U.S. gr...Read More

US STOCKS-Tech, financial gains lift Wall Street

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.14 pct, S&P 0.07 pct, Nasdaq 0.13 pct (Updates to early afternoon)By Sruthi ShankarDec 28 (Reuters) - Wall Street indexes rose slightly in thin holiday trading on Thursday, supported by gains in technology and financial...Read More

GLOBAL MARKETS-World stocks rally with surge in metals prices, U.S. dollar retreats

January 01, 1970 / in.investing.com

* Copper rally keeps focus on global growth* MSCI world index set for 14th month of gains* U.S. dollar under pressure (Updates to U.S. market open; updates byline and dateline, previous LONDON)By Trevor HunnicuttDec 28 (Reuters) - World stocks trotted higher in light, holiday trading on Thursday, moving to record levels as rising industrial metals prices gestured to a strong finish to the year for...Read More

US STOCKS-Wall Street lifted by gains in technology shares

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.08 pct, Nasdaq 0.05 pct (Changes comment, updates prices, adds details)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes were slightly higher in late morning trading on Thursday, helped by gai...Read More

FOREX-Dollar index sinks to 4-week low; bitcoin sags

January 01, 1970 / in.investing.com

* Dollar index on track for worst year since 2003* Australian dollar and New Zealand dollar hit 2-month highs* Bitcoin sheds over 30 pct since record peak near $20,000 (Updates market action, changes dateline, previous LONDON)By Richard LeongNEW YORK, Dec 28 (Reuters) - The dollar fell to a four-week low against a basket of currencies on Thursday on a less certain U.S. economic outlook after the p...Read More

US STOCKS-Wall Street higher as tech stocks advance

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Indexes up: Dow 0.21 pct, S&P 0.11 pct, Nasdaq 0.19 pct (Updates to open)By Sruthi ShankarDec 28 (Reuters) - Wall Street's main indexes rose in thin holiday trading on Thursday, helped by gains in technology stocks.Apple (NASDAQ:AAPL) AP...Read More

US STOCKS-Wall St set to rise in muted holiday trading

January 01, 1970 / in.investing.com

* S&P 500 on track for best annual gains since 2013* Live Ventures soars after reporting revenue jump* J.B. Hunt Transport down on disappointing forecast* Futures up: Dow 40 pts, S&P 2 pts, Nasdaq 14.25 pts (Adds comment, details on companies, updates prices)By Sruthi ShankarDec 28 (Reuters) - Wall Street was set to open higher in thin holiday trading on Thursday, helped by a rally in comm...Read More

US STOCKS-Futures point to positive session on Wall St

January 01, 1970 / in.investing.com

* Futures up: Dow 44 pts, S&P 2.5 pts, Nasdaq 16.75 ptsBy Sruthi ShankarDec 28 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Thursday, helped by a rally in commodities and a weaker dollar.The dollar slipped to a four-week low against a basket of currencies, under pressure by a recent dip in U.S. 10-year bond yields. USD/ A weaker dollar tends to boost revenue of co...Read More

GLOBAL MARKETS-World stocks in year-end rally as dollar retreats, copper surges

January 01, 1970 / in.investing.com

* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Sujata RaoLONDON, Dec 28 (Reuters) - Buoyant commodity prices alongside a pullback in U.S. bond yields and the dollar propelled world stocks to new record highs on Thursday, signalling the rally would likely extend into 2018.MSCI's world equity index .MIWD00000PUS , which tracks shares in 47 countries, has risen about 22 percent this yea...Read More

Gold Prices Advance to 1-Month High as Dollar Moves Lower

January 01, 1970 / in.investing.com

Investing.com - Gold prices hit a one-month high on Thursday, in holiday-thinned trading as weakness in the dollar supported the precious metal.Comex gold futures rose 0.28% to $1,295.00 a troy ounce by 4:32AM ET (9:32GMT) Thursday, just off its intraday high of $1,296.10 which was its highest level since November 29.Futures were on the rise for a third straight session and were on track for weakl...Read More

Indian shares flat ahead of derivatives expiry; metal stocks up

January 01, 1970 / in.investing.com

* NSE index up 0.06 pct, BSE index 0.02 pct higher* Metal stocks rally* Hindalco Industries hits record highBy Vishal SridharDec 28 (Reuters) - Indian shares were little changed on Thursday ahead of expiry of derivatives contracts and on lingering concerns over government borrowing exceeding target, but metals stocks such as Vedanta Ltd VDAN.NS rose tracking global commodity prices.India said on...Read More

FOREX -Dollar falls broadly; commodity currencies stand tall

January 01, 1970 / in.investing.com

* Dollar index slips to lowest since Dec. 1* Australian dollar and Canadian dollar hit 2-month highs* Bitcoin slides more than 10 pct at one point (Updates levels)By Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar slid broadly on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this week's rally in metals and oil prices.In...Read More

FOREX-Dollar slips to 3-1/2 week lows; commodity currencies stand tall

January 01, 1970 / in.investing.com

* Dollar index slips to lowest since Dec. 1* Commodity currencies remain firm, Aussie hits 2-month high* Recent pullback in US 10-year yield weighs on dlr -analyst (Updates prices, adds comments)By Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar was on the defensive on Thursday, hampered by a recent dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this w...Read More

FOREX-Dollar near 3-1/2 week lows; commodity currencies stand tall

January 01, 1970 / in.investing.com

* Dollar index languishes near 3-1/2 week lows* Pullback in U.S. 10-year yield weighs on dollar -analyst* Commodity currencies remain firm, Aussie hits 2-month highBy Masayuki KitanoSINGAPORE, Dec 28 (Reuters) - The dollar was on the defensive on Thursday, facing headwinds from a dip in U.S. 10-year bond yields, while commodity-linked currencies were bolstered by this week's rally in metal and oil...Read More

VEGOILS-Market factors to watch December 28

January 01, 1970 / in.investing.com

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures were up over 1 percent on Wednesday evening, hitting their highest in more than a week on a rise in exports and tracking stronger related edible oils. POI/* U.S. wheat futures climbed more than 1 percent on Wednesday while corn was higher for the sixth s...Read More

GLOBAL MARKETS-World stocks climb as copper rally points to strong economy

January 01, 1970 / in.investing.com

* Copper near 4-year high, boding well for 2018 growth* Bonds stage a rally after selloff last week* Oil, iPhone X concerns weigh on stocks, but indexes edge up* Global growth expectations hit U.S. dollar (Updates to U.S. stock market close)By Trevor HunnicuttDec 27 (Reuters) - Global stocks edged higher on Wednesday, shrugging off faltering oil prices and reports of soft iPhone X demand, as a ral...Read More

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