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

BRKA sold its entire stakes in four major U.S. airlinesBerkshire Hathaway Inc. (NYSE:BRK.A) sent airline stocks tumbling after CEO Warren Buffet announced that the conglomerate sold its entire stakes in the four largest U.S. airlines -- Delta Air Lines (DAL), American Airlines (AAL), Southwest Airlines (LUV), and United Airlines (UAL). The company also reported a first-quarter earnings and revenue...Read More

Constellation Brands upped their stake in Canopy Growth to 38.6% thisThe shares of pot producer Canopy Growth Corp (NYSE:CGC) are climbing higher this morning, up 4.9% to trade at $15.97 after beverage name Constellation Brands (STZ) exercised warrants to buy shares of CGC, raising its stake to 38.6%. Jefferies chimed in, saying that the move was "financially sensible," but warning that it's still...Read More

INTC has found a short-term floor at the $57 levelIntel Corporation (NASDAQ:INTC) is making headlines this morning, after TechCrunch reported over the weekend that the chip company is reportedly in advanced talk to acquire Israeli public transit app developer Moovit for $1 billion. Moovit, whose free mobile navigation app provides transit data to more than 750 million users in 100 countries, prev...Read More

The U.S. and China are in dispute over the coronavirus originsDow Jones Industrial Average (DJI) futures are poised to open the week with a triple-digit move below fair value. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also bracing for sharp losses, as investors eye a crumbling airline sector, grounded after Warren Buffett's Berkshire Hathaway dumped all of its airline s...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF | FRA:WK3D) (the "Company" or "Siyata") is pleased to announce the Company has partnered with TASSTA, a global mission critical push-to-talk (MCPTT) software provider and end-to-end solution for critical communications. The initial opportunities to work together are in Southeast Asia.TASSTA has integrated its MCPTT application...Read More

Several large-cap gold mining stocks are buy rated and have not experienced much negative analyst reaction just before earnings releases. Industry fundamentals are also upbeat.Read full newsRead More

Johns Hopkins University puts the total confirmed COVID-19 cases at 3.5 million, with more than 1.1 million in the US.Gold has dropped below US$1,700 an ounce on the spot market to $1,696/oz earlier.Commodities closed lower across the board on the London Metal Exchange on Friday as China entered a five-day holiday.Among the mining majors, Rio Tinto (LSE: RIO) closed 1.9% lower in London.In New Yor...Read More

Bluestone had announced the bought-deal offering at $1.75 per share last month and said on Friday the over-allotment option was exercised in full.Read More

With the Chinese company to have less than a 10% stake and no board seat, AVZ won't have to get Foreign Investment Review Board permission for the deal. Yibin Tianyi will pay 4.Read More

(IDEX Online) - The IDEX Polished Diamond Price Index crept up slightly, by 0.7 per cent in April, a possible indication that the market is showing the first signs of recovery. In March, prices slid 1.6 per cent as the COVID-19 pandemic began to bite. February also saw slow sales, with prices down 1.27 per cent. Throughout April the Index rose slowly but steadily day by day in a virtual strai...Read More

Diversified mining company Rio Tinto is investing $10-million in a variety of grassroots projects across Canada and the US to support local community efforts to fight Covid-19.The group’s investment is targeted at practical solutions like funding the food banks or counselling and support services that are helping frontline response workers and the communities around its operations, says...Read More

(IDEX Online) - The supply of rough diamonds must flow freely again when the world emerges from the coronavirus pandemic, says De Beers boss Bruce Cleaver.In an impassioned open letter, the CEO argues his company has a global, even more than a corporate, responsibility to its workers and customers not to halt production."The continuity of our (mining) operations is central to our people, the local...Read More

Aim-listed diversified miner Vast Resources has commented on articles published in the Zimbabwean press during the last week of April, around the Chiadzwa community concession block joint venture, for which Vast is awaiting finalisation of a mining agreement.The company wishes to mine the Chiadzwa diamond fields, in Zimbabwe, through its subsidiary Katanga Mining, in joint venture with Zimbabwe Co...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resources"With an upgrade ratio of at least 1.4 on both Tower and Rail, ore sorting has demonstrated an ability to reject low sulphide waste," president and CEO Alistair Ross said.Read More

Africa offers pre-production and operating companies large areas of underexplored prospective terrain and, in many countries, established mining legislation. West Africa, in particular, has attracted many explorers, developers and producers looking to deliver competitive returns for shareholders. Notably, a number of countries on this continent have a free carried interest provision, whereby they...Read More

In the coming decades, the ability to combine massively reduced greenhouse gas emissions with wider business goals will be the hallmark of successful mining companies.Climate change is recognized by the Principles for Responsible Investment as "the highest priority ESG [environmental, social and governance] issue facing investors." It is a key focus for investment research and decision-making and...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) welcomed a court ruling on May 1 ordering the government of Papua New Guinea (PNG) to review a requested lease extension for the Porgera gold mine.The Canadian gold producer and its Chinese partner, Zijin Mining, temporarily halted operations at the mine in Enga Province a week ago, following Prime Minister James Marape's decision not to renew Porgera's long-sou...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSeven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootIn the meantime, especially as inflation fears grow and central banks shower an estimated US$7.Read More

Our good friend and silver guru David Morgan is the featured guest at the PCMA event on May 5, 2020 titled: COVID-19 AND THE "PERFECT STORM" FOR PRECIOUS METALS. You can still register at this link if you'd like to hear him.https://www.pcmacanada.com/events/EventDetails.aspx?id=1371474David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high ne...Read More

Our good friend and silver guru David Morgan is the featured guest at the PCMA event on May 5, 2020 titled: COVID-19 AND THE "PERFECT STORM" FOR PRECIOUS METALS. You can still register at this link if you'd like to hear him.https://www.pcmacanada.com/events/EventDetails.aspx?id=1371474David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high ne...Read More