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

Chile's Codelco, the world's largest copper producer, saw profit nosedive in the first three months of the year as prices for the metal dropped to an average of US$2.49 per lb. in the same period compared to US$2.72 a year earlier.The state-owned miner reported an 85% decline in profit to US$54 million in the first quarter of 2020, even though production climbed 6% to 361,000 tonnes.Lower costs -...Read More

BMO Capital Markets has hiked its long-run gold and silver price forecasts to US$1,400 per oz. and US$18.25 per oz., increases of 16.7% and 5.8%, respectively.The bank's long term price forecasts have been "static" since 2015, the analysts stated, noting that "changing a long-term price is not something we take lightly, or indeed do very often."In the nearer term, BMO's analysts forecast gold pric...Read More

After beginning the year by formally appointing Peter Kukielski as its CEO, and this month settling a long-drawn-out boardroom battle with its second-largest investor, Canadian copper producer Hudbay Minerals (TSX, NYSE: HBM) is setting its sights on gold.Despite strong performance at its Canadian operations, Hudbay swung to a loss in the first three months of the year, mainly due to weak base met...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 resourcesMacron unveiled an US$8 billion support package for France's car industry on Tuesday, including subsidies of up to €12,00...Read More

Week 20 (23/05/2020-28/05/2020) Company news Americas Golden Star Resources puts close to 60 workers at the mine in Ghana under quarantine but expects only limited impact on production and underground development.Sierra Metals says it's seeking approval to restart mining activities at Yauricocha as the country's state of emergency and nationwide lockdown have been extended again, to...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSolaris issued 25 million shares priced at 80c, with each unit including a three-year warrant priced at $1.20.The proceeds will be used to advance exploration at the Warintza copper-molybdenum project in Ecuador, including a comprehensive geophysical survey and expanded drilling programme.Artemis all set thanks to unique approachSP...Read More

On May 16, the USS Portland sailed out to sea, where it was attacked by an airborne drone.With one swift action, the crewmen took aim with America's newest, and most powerful, laser weapon, destroying the target mid-flight.Furthermore, the Navy was so proud of its new laser weapon (and perhaps eager to demonstrate this capability to adversaries like China) that it released footage of the test on Y...Read More

Doug Kirkpatrick explains how leaders can help create individualized opportunities for employees in order to find the gold hidden in your workplace.Read full newsRead More

Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility.Read full newsRead More

President Trump will hold a surprise news conference on China tomorrowThe Dow seemed ready to log its third consecutive day in the black on Thursday, but pivoted lower in the final hour of trading to finish almost 150 points in the red. Fueling the dramatic dive is news of a surprise announcement that U.S. President Donald Trump is holding a press conference regarding China tomorrow. The blue-ch...Read More

Weekly calls have almost doubled puts in the last 10 daysThe 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. Standing out this week is financial institution JPMorgan Chase & Co (NYSE:JPM). Below, we'll t...Read More

The company has identified four targets at the Decar Nickel District project in central British Columbia, referred to as Baptiste, Sidney, Target B and VanRead full newsRead More

AU options are affordably priced at the moment, tooAs U.S. equities continue to bounce back-- the Dow is heading toward a second-straight monthly win -- gold prices and the appeal for the safe-haven asset have dulled. Mining stock AngloGold Ashanti Limited (NYSE:AU) is nursing a 4.5% May deficit, but there's a silver lining; AU has pulled back to a trendline that has historically bullish implicati...Read More

Adamera Minerals Corp. announces a non-brokered private placementRead full newsRead More

Loop Insights Unveils Latest Global Partner, Germany-Based PasscreatorRead full newsRead More

The stock market is modestly in the black midday, with the Dow up around 80 pointsMajor indexes are modestly higher this afternoon, mostly shaking off this morning's dismal weekly jobless claims, which is giving investors reason to believe the economy has already hit its bottom. The Dow Jones Industrial Average (DJI) is up around 110 points as a number of stocks rally ahead of further reopenings,...Read More

American Airlines said it will reduce management and support staff by 30%The shares of American Airlines Group Inc. (NASDAQ: AAL) are down 4.5% at $11.98 this morning, after the airline announced to employees on Wednesday it will downsize management and support staff by 30%, and then will cut front-line workers due to the coronavirus outbreak. This news is in line with the carrier's plan to opera...Read More

June begins with another round of retail earningsJune kicks off with an eventful week, stuffed to the brim with economic reports and earnings. The beginning of the week starts off slow, with Tuesday featuring motor vehicle sales, though the earnings docket is busy. And much like the previous weeks, investors will eagerly await Thursday's weekly jobless claims. Additionally, the beginning of June f...Read More

WDAY reported a first-quarter revenue beat, while its earnings missed estimatesThe shares of Workday Inc (NASDAQ:WDAY) are up 5.2% at $179.19 at last check, after reporting a first-quarter revenue beat and earnings that came in slightly lower than expected. The earnings beat inspired no fewer than 11 analysts to raise their price targets, including Mizuho to $220, with one price-target cut coming...Read More

HP posted an earnings beat, but revenue that fell short of estimatesHP Inc (NYSE:HPQ) is off 7.8% at $15.79 after last night's fiscal second-quarter earnings report. The tech company posted earnings that beat analysts' estimates, but revenue that missed the mark. HP's current-quarter forecast also came in below expectations, while it withdrew its 2020 outlook amid coronavirus-related uncertainties...Read More