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

Vale (NYSE: VALE), the world's top producer of nickel and iron ore, has received non-binding offers for its operations on the Pacific island of New Caledonia, it said on a conference call on Wednesday.The Brazilian mining giant said it expected to have "relevant news" on the topic within a month or two.Vale put its New Caledonia nickel assets on the block in December. The decision came after it ha...Read More

Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe.Thirty-two countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of April 3, though that number has since dropped down to 729 as restrictions begin to ease in certain areas, analysts at...Read More

Nicaragua-focused Condor Gold (TSX: COG; LSE: CNR) has been granted an environmental permit for the development and exploitation of the Mestiza gold asset, a complementary open pit to the company's flagship La India gold project, in the country's west.The high-grade Mestiza deposit hosts more than 100,000 contained oz. gold resources and is one of the two satellite pits of the fully permitted La I...Read More

(IDEX Online) - Bharat Diamond Week is going digital after organizers were forced to cancel the physical event, scheduled for August, because of coronavirus. Buyers and sellers at the "diamond-only" show will be able to meet on a secure digital platform. The Bharat Diamond Bourse (BDB) canceled the three-day event because of travel restrictions but says it wanted to provide the industry with a muc...Read More

JOHANNESBURG (miningweekly.com) ­– Diamond mining and marketing company De Beers on Wednesday announced a $200 000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in gender-based violence resulting from Covid-19.Mining Weekly can report that the donation...Read More

Gold is now the highest it has been since 2012, trading at $1,700 per ounce as I write. Gold is now outperforming stocks year to date, over the past year, past two years, past three years, past four, and past five years. The widely followed sector ETF, VanEck Vectors Gold Miners ETF (NYSE: GDX), has finally broken through resistance at $31 - a long-awaited milestone. Large gold miners are alrea...Read More

Four of the world's top artificial intelligence-focused venture capital funds, Baidu Ventures, DCVC, 8VC and Grids Capital, participated in the raising.Read More

VANCOUVER, BC / ACCESSWIRE / April 28, 2020 / Blue Lagoon Resources Inc. (theRead full newsRead More

This three-part series explores developments in RNG and what these developments will likely mean for whom. Part one delves into activities in specific states-from a New York bill to promote decarbonization in the transportation sector, to developments in Oregon and Colorado and early work in Minnesota and Hawaii.Part two explores RNG pricing and market trends in both the transportation fuel and u...Read More

Laurion Mineral Exploration Inc. (TSXV:LME and OTC:LMEFF) is pleased to report the commencement of the 2020 exploration drill program at its 100% owned Ishkoday Project.Read full newsRead More

June-dated crude fell once again after yesterdays dramatic dropThe Dow closed down around 30 points after a volatile day of trading, snapping a four-day win streak. The Nasdaq and S&P 500 also closed in the red, after the latter hovered around breakeven. Positivity surrounding states easing lockdown measures and the reopening the U.S. economy appeared dimmed after Dr. Anthony Fauci said opening...Read More

Meanwhile, corporations with large market caps are survivingThe month of April has seen Wall Street rebuild from the swift and sudden sell-off in March. With a little over five days remaining, the S&P 500 Index (SPX) is on its way to an 8.6% monthly win, a commendable bounceback from March's 12.5% hole. The prevailing question on investors' minds is: was that the bottom? Stocks are climbing, yet a...Read More

KDP reported a first-quarter earnings and revenue beatKeurig Dr Pepper Inc (NYSE:KDP) is up 6.5% to trade at $27.54, at last check, bouncing off a positive first-quarter report. The beverage name posted earnings of 29 cents per share and revenue of $2.61 billion, higher than Wall Street's estimates of 27 cents per share and $2.55 billion in revenue. Following the news, three analysts raised their...Read More

AMD will announce its first-quarter earnings after the close tonight Chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) is getting ready to head into the earnings confessional after the close this evening, and options bulls are already paying attention. So far today, 131,000 calls have crossed the tape, compared to 40,000 puts. The weekly 5/1 65-strike call is by far the most popular, with posit...Read More

Oil prices are once again in the red as wellThe Dow Jones Industrial Average (DJI) is experiencing some serious volatility at midday, giving back triple-digit gains from the morning and currently dancing around breakeven despite positive blue-chip earnings reports. Meanwhile, the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are currently in the red, with an underperforming tech sector weigh...Read More

MMM beat Wall Street's earnings and revenue estimatesThe shares of 3M Co (NYSE:MMM) are up 4.7% to trade at $160.79, after reporting first-quarter earnings of $2.16 per share and revenue of $8.08 billion, both of which are higher than Wall Street's estimates. The blue chip company cited increased demand for its N95 masks during the coronavirus pandemic, though it also suspended its 2020 outlook as...Read More

HOG reported earnings of 45 cents per shareShares of Harley-Davidson Inc (NYSE:HOG) are up 12.5% to trade at $21.30 after a fiscal fourth-quarter earnings beat. The motorcycle king reported profits of 45 cents per share, much higher than Wall Street's estimated 9 cents per share, though they also announced a lower-than-anticipated revenue -- unsurprising with 50% of their dealerships now closed. F...Read More

JetBlue is the first major U.S. airline to require face coverings for its customers during travel Members of the airline sector have had a tough time digging themselves out of their mid-March trough, and JetBlue Airways Corporation (NASDAQ:JBLU) is no exception. The stock has been trading sideways for the most part, with its early April surge swiftly cut down by the $12 region, and even more press...Read More

The Fed's two-day meeting will kick off later todayDow Jones Industrial Average (DJI) futures are once again signaling a solid push above fair value. A healthy round of upbeat blue-chip earnings reports is fueling the surge, with the likes of 3M (MMM) and Pfizer (PFE) scoring top-line profit beats. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also confidently in the black,...Read More

Gold figures to play a starring role as a store of value as investor expectations on future inflation climb amid global stimulus efforts that have put a flood of cash into the financial system.Read full newsRead More