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 London Bullion Market Association (LBMA) announced that it has added optical AI developer Alitheon to the pool of five companies that support the Gold Bar Integrity (GBI) initiative.The GBI was launched in March 2022 by the LBMA and the World Gold Council with the goal of digitally monitoring gold moving through the global supply chain by confirming provenance and providing transparency over t...Read More
Iamgold (TSX: IMG; NYSE: IAG) says drill results support expanding the Gosselin discovery that could be added to the C??t?(C) project targeting first-pour next year in northern Ontario. The Gosselin deposit lies beside C??t?(C), a joint venture between Iamgold as operator and Japan's Sumitomo Metal Mining 125 km southwest of Timmins. C??t?(C) remains on schedule to start production in early 2...Read More
Today we trample sacred ground... trumpet a message of heresy... and offend the pieties. For we challenge the cherished and soothing assumptions of democracy.In 2001, academic Hans-Hermann Hoppe scribbled a book bearing the soaring title Democracy: The God That Failed. Hoppe's work is a dart leveled against that holiest of secular divinities.Hoppe's primary tort against democracy?It wastes. It exh...Read More
Measures like the Inflation Reduction Act in the U.S. pressure automakers to source critical minerals in ESG-friendly jurisdictions, but it could be challenging to change supply chain flows already directed towards China, Mark Ferguson, Research Director and the Head of Mining Studies, S&P Global Market Intelligence, told Mining.com Executive Editor Frik Els at AME BC Roundup in January. They talk...Read More
(IDEX Online) - Zimbabwe's central bank has notified diamond and other miners that half the royalties due to the government must be paid in raw minerals.The move is designed to maintain the value of the country's assets by building up a national reserve of precious metals and stones. It was announced last October by President Emmerson Mnangagwa (pictured).The Reserve Bank of Zimbabwe sai...Read More
Meta Platforms, Inc. reported a surprisingly upbeat Q4 2022 quarter with numbers surging past estimates. Click here for our take on META stock now.Read full newsRead More
SS&C Technologies Holdings, Inc. reported its Q3 2022 financial results on October 27, 2022, missing revenue and earnings estimates. Click for our take on SSNC.Read full newsRead More
Iovance Biotherapeutics, Inc. is poised to complete its rolling Biologic License Application for advanced melanoma this quarter. Click here for our review of IOVA.Read full newsRead More
Verona Pharma's primary endpoint and all key secondary endpoints met in second phase 3 study known as ENHANCE-1. Click here for our updates and review of VRNA.Read full newsRead More
The following slide deck was published by C.H. Robinson Worldwide, Inc.Read full newsRead More
Today, we take our first look at electrical vehicle charging manufacturer Wallbox N.V. Is this EV-related company a Buy? Click here for our take on WBX stock.Read full newsRead More
Software Aktiengesellschaft (OTCQX:SWDAF) Q4 2022 Earnings Conference Call February 1, 2023 3:30 AM ETCompany ParticipantsRobert Hildebrandt - Director, IRSanjay Brahmawar - CEODaniela...Read full newsRead More
The statement of the Federal Open Market Committee concerning the recent 25 basis point rise in the Fed's policy rate of interest was received fairly well in the markets.Read full newsRead More
Caterpillar stock is currently trading below its historical levels. See why I continue to have a buy rating on the CAT stock.Read full newsRead More
SoFi's adjusted EBITDA performance in Q4'22 and the outlook for FY 2023 are impressive. Read why I believe SOFI stock can further revalue to the upside.Read full newsRead More
With its latest dividend increase, Energy Transfer's dividend has reached back to its level prior to the cut in 2020. Read my bullish take on ET stock here.Read full newsRead More
Sun Pharmaceuticals Industries Ltd. ADR (OTCPK:SMPQY) Q3 2023 Earnings Conference Call January 31, 2023 8:00 AM ETCompany ParticipantsAbhishek Sharma - Head of Investor RelationsDilip...Read full newsRead More
Ormat Technologies appears to be an unprofitable business. So, why do we say we will keep an eye on ORA stock? Click here to find out.Read full newsRead More
Western Digital Corporation (NASDAQ:NASDAQ:WDC) Q2 2023 Results Conference Call January 31, 2023 4:30 PM ETCompany ParticipantsPeter Andrew - Investor RelationsDavid Goeckeler - CEOWissam...Read full newsRead More
Canadian Pacific Railway Limited (NYSE:NYSE:CP) Q4 2022 Earnings Conference Call January 31, 2023 4:30 PM ETCompany ParticipantsMaeghan Albiston - Investor RelationsKeith Creel - President...Read full newsRead More