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

A new means of exploiting previously overlooked zones of gold mineralization may prove to be the type of disruptive technology needed once the global COVID-19 pandemic is over.Called sustainable mining by drilling (SMD), it uses a unique, surface-based drilling system to get at narrow vein deposits that have been considered uneconomic using existing mining techniques.SMD's creators believe the tec...Read More

Russia's space agency Roscosmos has condemned U.S. President Donald Trump's order that encourages citizens to mine the moon and other celestial bodies with commercial purposes.The government body likened the policy to colonialism and said it "hardly sets the countries to fruitful cooperation.""There have already been examples in history when one country decided to start seizing territories in its...Read More

Every mining environment poses different challenges but mining houses tend to prioritise the enhancement of mine health and safety procedures, and technology service provider In2IT Technologies CTO Vishal Barapatre says that the Internet of Things (IoT) is “a top choice” in this regard.He explains that sensor-based feedback was used in mines long before the term IoT had even originate...Read More

I'm old enough to remember the last economic crisis America suffered.In 2008, I'd just broken into the business as a financial writer and had a front-row seat to the meltdown. Day in and day out, I reported and analyzed all of the moving parts...The subprime loans and bad mortgages, the sovereign debt and collateralized debt obligations, car companies that overextended themselves, the banks that...Read More

- An interview with 1933 Industries' heads of cultivationRyan and Jennie George know how to cultivate craft cannabis. They have been perfecting their skills since 2008 when they established a small grow in their home state of Arizona, eventually building a 5,000 sq. ft. operation. "We spent several years learning the complexities of cultivating craft cannabis. It was important for us to learn th...Read More

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Amid the current coronavirus crisis, could these 3 ASX gold shares be a good long-term buy? The post Can ASX 200 gold shares boost your returns amid the coronavirus crisis? appeared first on Motley Fool Australia.Read full newsRead More

The Dow finished the the week up 12.7%The Dow finished the last day of the holiday-shorted week up over 280 points, losing some of its midday rally after Democrats in congress blocked McConnell's bid to unanimously add $250 billion in small-business aid. However, the Fed announced new programs directed at small and medium-sized business, totaling up to $2.3 trillion. This news was enough to out...Read More

Stocks chugged higher as the government responded to the coronavirus crisis with more funding While the first full trading week of April was a short one, it was jam-packed with market-moving headlines, which, for the most part, kept the major indexes chugging higher. On Monday, the Dow extended its Friday rally as news over slowing coronavirus cases in New York and Europe encouraged investors. Som...Read More

Bank stocks will kick off earnings season next week Investors will return from a long weekend to the start of yet another earnings season, with bank stocks taking center stage this week. Blue chips JPMorgan Chase (JPM) and Goldman Sachs (GS) will start it off, while sector peers Morgan Stanley (MS) and Wells Fargo (WFC) will also attract investor's attention. Dow component and healthcare issue Uni...Read More

BlackRock's massive Aladdin software will be hosted on Microsoft's platformLast night BlackRock, Inc (NYSE:BLK) announced Aladdin, its investment management and operations platform, will be hosted on Microsoft's (MSFT)Azure cloud network. In response, Deutsche Bank hiked its price target to $478 from $462, and Jefferies moved to $525 from $514. At last check, BLKis up 6.1% to trade at $478.24.BLK...Read More

The company pulled their quarterly and full-year outlookStitch Fix Inc (NASDAQ:SFIX) is up 23% to trade at $16.68, despite at least three analysts cutting their price targets today, including one to $11 from $15 from Piper Sandler. This surge came after SFIX became the latest company to pull its third quarter and full-year outlook due to the coronavirus outbreak. However, the e-tailer stated thei...Read More

In its latest unprecedented economic bailout program, the Fed on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economyRead full newsRead More

Rio Tinto's 40-day moving average has had bearish implications in the past Copper prices have taken a backseat to gold amid the global COVID-19 pandemic. That hasn't stopped mining stockRio Tinto plc (ADR) (NYSE:RIO) however, from joining in on the broad-market rally. RIO is up 31% since its March 23 bottom of $35.35, but this rally has taken the copper name to a trendline that, if history is any...Read More

The Federal Reserve proposed an additional $2.3 worth of financial aidThe Dow Jones Industrial Average (DJI) is heading into the holiday weekend on a hot streak, up almost 400 points at midday. Today's rise comes after the Federal Reserve pumped another $2.3 trillion into businesses and revenue-pinched local governments. Fed Chair Jerome Powell, in a video press conference earlier, acknowledged...Read More

Australia-based miner MMG Ltd has declared force majeure on copper concentrate supplies from its Las Bambas mine in Peru, four sources told Reuters on Thursday.Read full newsRead More

The U.S. Senate just warned its members against using Zoom as a video chat platform The U.S. Senate just advised its members against using popular video chat platform Zoom Video (NASDAQ:ZM) due to security concerns, asking them to find an alternative platform while working remotely. Zoom has addressed some of these security concerns by hiring Facebook's (FB) former security head Alex Stamos. Despi...Read More

Deutsche Bank cut its price target to $295 from $300Costco Wholesale Corp (NASDAQ:COST) is down 2% to trade at $299.76, after a price-target cut from Deutsche Bank to $295 from $300. The analyst stated that Costco's core same-store sales and U.S. comp sales for March fell short of their expectations, as stock-up strength faded and customers stayed home. COST has taken a number of volatile swings...Read More

Jefferies downgraded Anthem stock to "hold" from "buy," and cut its price target to $257After yesterday's pop for insurance providers, traders are pulling back from Anthem Inc (NYSE:ANTM) this morning. The stock is trading down 0.8% at $244.99 on a downgrade from Jefferies to "hold" from "buy." The analyst also cut its price target to $257 from $354, adding that the insurance stock is the most ex...Read More

The Fed announced a $2.3 trillion lending plan for the economyIn the wake of yesterday's outsized gains, Dow Jones Industrial Average (DJI) futures fought their way into the black, after paring triple-digit losses from earlier this morning.Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are sitting just below fair value, as investors unpack the 6.6 million rise in weekly jobless...Read More