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

J.P. Morgan Securities downgraded JBLU to "neutral" from "overweight"JetBlue Airways Corp (NASDAQ: JBLU) is up 7% to trade at $8.05 at last check. This comes amid a slew of skepticism and downgrades throughout the airline sector. J.P. Morgan Securities is increasingly convinced that the airline industry's road to recovery back to 2019 levels of output will be a multi-year affair. The analyst subse...Read More

The S&P 500 and Nasdaq are also up big at middayThe Dow Jones Industrial Average (DJI) is beginning the new week with fantastic strength, currently up over 1,000 points at midday. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are soaring as well, as investors remain hopeful amid reports of stabilizing hospital rates in the U.S. Building off this silver lining are reports from New York...Read More

Kraft Heinz said it will slow restaurant supply production, while ramping up output in its packaged food units Kraft Heinz Co (NASDAQ:KHC) announced that it has significantly decreased restaurant supply production at three plants, two in the U.S. and one in the U.K., in response to dwindling consumer demand, specifically in Europe. Meanwhile, Kraft said its packaged food units are working in three...Read More

Guggenheim upgraded EBAY from "neutral" to "buy"Ebay Inc (NASDAQ: EBAY) is joining in on the broad market rally today, up 4.5% to trade at $30.70 at last check. This comes after Guggenheim upgraded the "increasingly defensive" EBAY stock from "neutral" to "buy," citing the company's valuation and minimal inventory risk.Since mid-February highs just below $40, Ebay has careened to an annual low on...Read More

Gilead said it plans on producing 1 million treatment courses of its experimental coronavirus drug by the end of 2020Gilead Sciences, Inc. (NASDAQ:GILD) is up 1% to trade at $79 this morning after the drugmaker said it plans on ramping up production on its experimental coronavirus treatment remdesivir, to 1 million treatment courses by the end of the year. Currently 1.5 million doses of the drug,...Read More

ECR Minerals (LSE:ECR) has raised ?500,000 in a 100 million share equity placing at 0.5p per share to ensure it is fully funded for the rest of 2020. Chief...Read full newsRead More

Oil prices are signaling a pullback today Dow Jones Industrial Average (DJI) futures look ready to kick off the week with a flourish, sitting over 700 points above fair value.Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also sharply higher before the open,as investors are encouraged by somewhat upbeat coronavirus rhetoric coming from the White House yesterday that touted s...Read More

The federal government announced temporary changes to the foreign investment review framework designed to protect Australia's national interest as it deals with the economic implications arising fromRead More

(IDEX Online) - Billionaire British jeweler Laurence Graff has launched a perfume range inspired by his 302.37-carat emerald-cut Lesedi La Rona diamond.A collection of six fragrances are being sold in bottles shaped like the iconic stone at $340 for 100ml.Mr Graff, 81, paid $53m in 2017 for a rough 1,109-carat stone discovered by Lucara at their Karowe Mine, in Botswana. It was the world'...Read More

(IDEX Online) - Anglo American, parent company of De Beers, has detailed a wide-ranging package of health and social care measures for its 90,000 employees worldwide during the coronavirus crisis. It includes paying all its 47,000 employees in South Africa, during the current 21-day lockdown, and making its hospital and other healthcare facilities available to Covid-19 patients. The company is als...Read More

JOHANNESBURG (miningweekly.com) – Diversified mining company Anglo American is going to remarkable lengths to support South Africa through the devastating Covid-19 crisis.The London- and Johannesburg-listed company, headed by Australian Mark Cutifani, is showing far-reaching corporate humanitarianism by taking firm steps to support employees, host communities, contractors, suppliers, hospita...Read More

(IDEX Online) - A US jeweler who was shot in one of several robberies at his store has died of coronavirus-related complications.Randy Flatau, 70, had run Randy's Fine Jewelers, in Beaumont, south-east Texas, selling jewelry and watches for several decades.He hadn't traveled recently, but reportedly had underlying health issues.Relatives told the local KFDM TV channel he was a great man...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 resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Editor's Note: Mining Journal is making some of its most important coverage o...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesEditor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here.The Tweet said that despite the company implementing a strict epidemiological boundary a worker died d...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 resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Most analysts acknowledge that the flood of government stimulus spending will...Read More

The COVID-19 pandemic continues to negatively impact commodity markets, with prices for metals such as copper, zinc, lead, aluminium and many others falling rapidly since the shuttering of mines and disruption to supply chains around the world. One metal, however, is defiantly bucking the trend.The spot price for uranium oxide in the past few weeks has risen by 14% to over US$27 per lb., ending a...Read More

Growing moves by governments and organizations to set a price on carbon emissions have set up a prospective niche market in battery metals exploration and development. Lithium, cobalt, graphite and vanadium are directly applicable to energy storage, while nickel and copper are seeing growing demand as inputs for electric vehicle manufacturers. Below, we provide an overview of eight companies with...Read More

Panama's Ministry of Health confirmed that one person has died at the Cobre Panam?? operation due to complications caused by COVID-19.On Sunday, the government agency posted a tweet saying that following the identification of the first case of COVID-19 at the site on March 24, and despite efforts to stabilize the patient and isolate others suspected of carrying the infection, a worker died over th...Read More

Atalaya Mining (LSE: ATYM) has restarted its Riotinto copper mine in Spain after local authorities in Andaluc?-a determined that mining operations supplying other essential industries should remain open.The Cyprus-headquartered company had closed the mine on March 30 in response to the Spanish government's royal decree, which ordered the suspension of non-essential business operations, including m...Read More

LSE-listed Gem Diamonds’ second round of the flexible tender sales process has been concluded and raised a further $6.7-million for a selection of  large, high-quality diamonds recovered at its Letšeng mine, in Lesotho.The company achieved an average value of $1 615 /ct for the first quarter of 2020.AdvertisementThe flexible tender sales process was put in place as a result of th...Read More