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

Several analysts are issuing bull notes to Slack stock todaySeveral analysts are raving about work-from-home staple Slack Technologies Inc (NYSE:WORK) this morning, including Cowen, which initiated coverage with an "outperform" rating and a $45 price target. The brokerage noted the recent shift to permanent remote work, sparked by stay-at-home orders, has given Slack the opportunity to accelerat...Read More

ADM is well overdue for a round of downgradesLast week, at Schaeffer's we dove into how the S&P 500 Index (SPX) is behaving during the current market turmoil, specifically exploring what, if anything, we could expect going forward. The analysis used an oscillator index called the Choppiness Index, and showed how the S&P 500 has performed based on specific key levels, including various spikes and b...Read More

Civil unrest has overshadowed the coronavirus and China tensionsDow Jones Industrial Average (DJI) futures are up around 150 points above fair value this morning, despite dipping overnight in the wake of U.S. President Donald Trump's statement that he will deploy the military if protests aroundthe country continue. As investors focus on states easing lockdowns, futures on the S&P 500 Index (SPX)...Read More

Key markets had closed higher yesterday and futures were pointing higher for Toronto, Europe and in Australasia.Gold was up to almost US$1,744 an ounce on the spot market.Base metals closed mainly higher on the London Metal Exchange yesterday after the latest Chinese manufacturing data for May rose above the 50 mark, indicating expansion.The Caixin Manufacturing PMI came in higher-than-expected at...Read More

The study shows a post-tax NPV of US$1.4 billion and IRR of 38.Read More

The gold producer completed a A$1 billion placement to institutional investors in late April, and launched a $100 million SPP.Read More

The update has the potential to extend Santa Rita's life to more than 26 years and includes an indicated resource of 54.6 million tonnes grading 0.61% nickel sulphide, 0.2% copper and 0.Read More

The country's mining sector has recorded 411 confirmed cases and one death due to the global pandemic, according to the Minerals Council South Africa, from more than 218,000 employees screened and 6,528 tested.Sibanye-Stillwater (JSE: SSW) confirmed last week 51 employees had tested positive for COVID-19 at its Thembelani mine at its Rustenburg platinum group metals operation, taking its total to...Read More

(IDEX Online) - Bulk sampling at Marsfontein, South Africa, has yielded encouraging results, according to the exploration company Botswana Diamonds. It has recovered a total of 111 macro diamonds, mostly from high-interest kimberlite, but also from dumped kimberlitic material left from previous mining activity. The company, which expanded from Botswana into South Africa and Zimbabwe, says the resu...Read More

(IDEX Online) - A gang swapped $5.3m of diamonds for a bag of worthless pebbles in an audacious sleight-of-hand heist at a top London jeweler.Detectives said the astonishing raid was like something from the Ocean's Eleven movie franchise, starring George Clooney and Brad Pitt.The thieves posed as wealthy Russian businessmen to dupe luxury jeweler Boodles - founded in 1798 - out of seven stone...Read More

(IDEX Online) - The Diamond Producers Association, representing the world's biggest producers, is changing its name to Natural Diamond Council in a move that will distance it from the lab-grown sector.The industry authority, whose members include Alrosa, De Beers Group, Dominion Diamond Mines, Lucara Diamond, Petra Diamonds, RZM Murowa, and Rio Tinto, is also adopting the new brand name "Only...Read More

Osisko Mining (TSX: OSK) has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to purchase, on a bought-deal private placement basis, 41.1 million units of the company at $3.65 each for gross proceeds of $150 million.Each unit consists of one share and half of a warrant. The underwriters will also have the option to purchase...Read More

This episode features First Cobalt CEO Trent Mell in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Trent discusses how there will be an 'avalanche' of demand for cobalt from the electric vehicle market, and what it's like to work with Glencore at First Cobalt's cobalt refinery in northern Ontario. He also discussed...Read More

When my colleagues and I at the Far Eastern Economic Review and other news organizations covered Hong Kong's return to Chinese rule on July 1, 1997, many of us were cautiously optimistic that China would keep its promise under the Basic Law that the former British colony would retain its autonomy under a system of 'One Country, Two Systems'.That confidence began to erode last year when millions of...Read More

Centerra Gold (TSX: CG) has declared commercial production at its ?-ks? 1/4 t mine in Turkey, four months after it poured first gold at the operation.The Toronto-based company now has three producing mines, including Kumtor in the Kyrgyz Republic and Mount Milligan in British Columbia."Commercial production at ?-ks? 1/4 t marks a major milestone for the company. ?-ks? 1/4 t was delivered on time a...Read More

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesOver the past six months, as the share prices of banks have crashed under the weight of the COVID-19 pandemic and government r...Read More

The modern American caste system is rarely this exposed.While the markets hover 10% away from all-time highs, everything else is in a downward spiral.One in four American workers are collecting, or still simply trying to file for, unemployment.One in three renters didn't make a full payment last month. It will be worse this month. Plus eviction and mortgage protections soon expire and courts are o...Read More

Steve Kerr saw the positives in the Warriors' organization long before he was hired as the team's head coach.Read full newsRead More

It's the state's secondnd large utility to?EUR...consider pursuing sources.Read full newsRead More

Protests and relations with China do little to dash investor's hopes regarding U.S. economyDespite an uprising in social turmoil in the U.S., stocks marked the first day of June with gains. The Dow closed up 91 points, while the S&P 500 and Nasdaq marked closes modestly in the black. Despite relations with China on the brink of collapse, investors in the U.S. are still optimistic as the economy co...Read More