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

Pure Gold's mine in Red Lake is on track for its first pour this year.Read full newsRead More

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Golden Lake Exploration (GLM.C) is a fairly new entry in the junior exploration arena. It began trading last summer withRead full newsRead More

The Nasdaq hit a new record highStocks rallied to round out the week, thanks to an uplifting jobs report which shed light on the 2.5 million jobs that were added last month -- the largest gain on record. That report did much to fuel hopes of the beginning of economic recovery in the wake of the coronavirus pandemic. Of the three major indexes, the tech-heavy Nasdaq was the one most investors had...Read More

Current news releases distributed by Cision in Canada including multimedia press releases, investor relations and disclosure, and company news.Read full newsRead More

Investors weighed a mixed bag of jobs data The U.S. faced a tumultuous week as the country quickly turned its attention from U.S.-China relations to civil unrest, as protests against police brutality began in all fifty states following the death of George Floyd. The Dow Jones Industrial Average (DJI), the S&P 500 (SPX), and the Nasdaq Composite (IXIC) are all working toward a third straight w...Read More

Stitch Fix's fiscal third-quarter earnings are due out on MondayThe shares of online style service Stitch Fix Inc. (NASDAQ:SFIX) are up 1.4% at $25.50, ahead of the company's fiscal third-quarter earnings report, which is due out after the close on Monday, June 8. SFIX is pacing for a five-day win streak, though pressure at its year-to-date breakeven level is keeping this rally in check.More broad...Read More

AstraZeneca saw a rise in capacity for its COVID-19 vaccine candidateThe shares of AstraZeneca plc (NYSE:AZN) are up 0.2% at $53.99 this afternoon, amid news that the pharmaceutical company signed new agreements that will raise the global supply capacity for its COVID-19 vaccine candidate to more than 2 billion doses. A phase 2/3 trial of the drug has already began with around 10,000 volunteers,...Read More

The Dow and S&P 500 are both eyeing their biggest weekly wins since early AprilThis morning's uplifting jobs report is putting even more wind at Wall Street's back at midday. The Dow JonesIndustrial Average (DJI) is up nearly 1,000 points at last check, on track for a fifth straight win and biggest weekly win since early April. The S&P500 Index (SPX) and Nasdaq Composite (IXIC) are climbing...Read More

Gap reported a quarterly loss of nearly $1 billion after Coronavirus-related store closuresThe shares of Gap Inc. (NYSE: GPS) are trading on both sides of the aisle today, last seen at $12.14, after the retail company reported a steeper-than-expected first-quarter loss as well as revenue that came in lower-than-anticipated. The company's quarterly loss of nearly $1 billion is due to stores closi...Read More

Ciena reported an earnings and revenue beat yesterday morning and analysts are optimisticThe shares of Ciena Group (NYSE:CIEN) are up 1.7% at $54.79 at last check, following a fresh round of bull notes one day after the company's second-quarter earnings. The communications and networking name has seen no fewer than three price-target hikes this morning, the highest coming from Cowen to $73 from $6...Read More

DocuSign's (DOCU) first-quarter profits and revenue were better than Wall Street anticipatedThe shares of DocuSign Inc (NASDAQ:DOCU) are up 1% to trade at $141.52, after reporting positive results in the earnings confessional yesterday evening. The company reported fiscal first-quarter profits of 12 cents on revenue of $297.02 billion, both of which were higher than analysts' estimates. .In resp...Read More

Zumiez reported first-quarter losses and revenue that missed analysts' estimatesThe shares of Zumiez Inc (NASDAQ:ZUMZ) are off 4.1% to trade at $28 this morning, following the apparel retailer's first-quarter report. Zumiez posted losses of 84 cents per share and $137.77 million in revenue, missing analysts' estimates. The firm declined to provide a current-quarter forecast at this time, but added...Read More

The U.S. also surprisingly added jobs last monthFutures on the Dow Jones Industrial Average (DJI) are up nearly 600 points above fair value this morning, soaring after the U.S. Labor Department's May unemployment rate came in at 13.3%, much better than the anticipated 19.5% estimate.The report also showed that 2.5 million jobs were added last month, a surprise figure considering the expected loss...Read More

You would think that anyone in the gold industry would be getting rich right now, but informal miners in many countries are missing out.Read full newsRead More

The company announced a placement to new and existing institutional investors to raise up to £16 million. The issue price is 21.5p, a discount to its Thursday closing price of 24p.Read More

The proposals for NEVs, which encompass electric vehicles, came from a number of delegates attending the 13th sessions of the National People's Congress (NPC) and Chinese People's PoliticalRead More

Look beyond market approach to project valuations: van ZylLeadershipRupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources The company announced a placement to new and existing institutional investors to raise up to £16 million. The issue price i...Read More

Papua New Guinea (PNG) has threatened Barrick Gold (TSX: ABX; NYSE: GOLD) with criminal proceedings, claiming the company's joint venture in the country was planning to illegally export US$13 million in silver and gold to Australia.The country's mining regulator said that Barrick Niugini Limited (BNL) asked earlier this week for clearance to ship precious metals to the Perth Mint.The move, the Min...Read More

Gold-backed ETFs added 154 tonnes for net inflows of US$8.5 billion across all regions in May, boosting global holdings to a new all-time high of 3,510 tonnes, according to new data from the World Gold Council.Year-to-date, inflows of 623 tonnes, representing a value of US$33.7 billion, now exceed what was initially the highest level of annual inflows of 591 tonnes in 2009.During May, North Americ...Read More