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

NVDA's 200-day moving average has emerged as resistanceEarlier this week, we profiled the 25 best stocks since 2009, based on annualized returns. A quick glance at the list -- compiled by Schaeffer's Senior Quantitative Analyst Rocky White -- reveals it is heavily populated by one particular sector: semiconductors. Chip stocks have ruled the roost in the last decade, and leading the charge is Nvid...Read More

Aben Resources Ltd. (TSXV:ABN) (OTCQB:ABNAF) has implemented operational procedures across the company to protect the health of its office staff, field crews, contractors, stakeholders, and local communities during the COVID-19 global pandemic. Read full newsRead More

Walgreens stock tends to underperform during the second quarter Things aren't looking good for pharmacy bigwig and Dow member Walgreens Boots Alliance Inc (NASDAQ:WBA). The shares of WBA are down 3.4% at $44.20, bringing their year-to-date deficit to 24.6%, just ahead of the company's fiscal second-quarter earnings report, due out before the open tomorrow. Furthermore, tomorrow's earnings aren't t...Read More

The S&P 500 and Nasdaq are sharply lower as wellThe Dow Jones Industrial Average (DJI) is down over 600 points at midday,a bleak start for what could be another roller-coaster month and quarteramid the COVID-19 pandemic. President Donald Trump announced Tuesday that the next two weeks could be "very, very painful," as the White House projects between 100,000 and 240,000 coronavirus-related death...Read More

Put volume for AER is running in the 100th percentile of its annual range today Independent aircraft leasing name AerCap Holdings N.V. (NYSE:AER) hasn't been immune to the devastating effects the coronavirus has had on the flight space. The stock has been limping along with most of its sector peers, down 10.3% at $20.40 today, with any hope of a rebound now completely snuffed out. The stock is now...Read More

Home Depot stock received price target cuts after sharing in-store changesIn an effort to combat the COVID-19 outbreak, Home Depot Inc (NYSE:HD) implemented a few preventative measures to ensure the safety of its customers and employees. These changes include closing stores early, limiting the number of customers allowed inside at one time, and encouraging social distancing practicing in stores by...Read More

Carrier Global will replace Macy's on the S&P 500Macy's Inc (NYSE: M) is down 7.5% to trade at $4.54 this morning, following the S&P Dow Jones Indices decision to replace Macy's with Carrier Global (CARR) on the benchmark S&P 500 Index (SPX), and move M to a small-cap 600 index, effective April 6. Macy's has been hit hard by the global coronavirus pandemic, with an onslaught of store closures m...Read More

Caterpillar won't be giving out annual salary increases or bonuses amid COVID-19 headwindsCaterpillar Inc. (NYSE:CAT) stock's recent rally is reversing course this morning, down 3.7% at $116.04 at last check. The company said it would not give annual salary increases to employees this year in an effort to tighten costs and combat the economic hit it's taken during the coronavirus pandemic. CAT a...Read More

The Dow is fresh off its worst quarter everDow Jones Industrial Average (DJI) futures are starting off April on the wrong foot,eyeing an almost 800-point drop this morning. Fresh off its worst quarter ever,the blue-chip index is facing particularly stiff coronavirus headwinds today, after U.S. President Donald Trump warned Americans yesterday to get ready for a "very painful two weeks." Futures o...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") today announced that it has launched the next generation line of Uniden (R) cellular signal boosters, helping families and businesses improve network connectivity for work, school and entertainment purposes. The new home office line of cellular signal boosters includes the Uniden (R) U60C 4G and Unide...Read More

A look at what last month's historically heightened VIX can tell us about stocks The stock market recently experienced the fastest market crash on record, so it's not a complete surprise that the CBOE Volatility Index (VIX) recently closed at its most extreme level. The March 16 VIX close of 82.69 barely topped the peak reached during the financial crisis in 2008. During the 1998 stock market drop...Read More

'We have been receiving reports of people taking advantage of the current situation'Read full newsRead More

"Copper jumped, while the other LME metals were a mixed bag on Tuesday, after Chinese manufacturing activity recovered sharply in March," Marex Spectron's Anna Stablum said from the LME desk (Singapore).However, she said some analysts believed the worst was yet to come as the survey only asked how business compared to the previous month, which showed the deepest contraction since at least 2005.Mor...Read More

In early March, BHP (NYSE: BHP; LON: BHP) Chairman Ken MacKenzie said the mining giant was in a strong position should COVID-19's impact on the market create M&A opportunities."On balance, the business is in very good shape," Reuters reported MacKenzie as saying during the Australian Financial Review summit in Sydney on March 10. "I'm not sure if there will be any opportunities that will come from...Read More

Editor'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 hereCAML's operations in Kazakhstan and North Macedonia remain unaffected by the pandemic, despite confirmed cases in both countries increasing from about 20 to 350 over the...Read More

Share this articleVANCOUVER - Teck Resources Ltd. says it has temporarily slowed operations and reduced its crews by up to 50 per cent at its steelmaking coal and Highland Valley Copper operations in response to the COVID-19 pandemic.The company, which also suspended its 2020 financial guidance, says the steps taken on March 25 will be in place for an initial period of two weeks and then be re-ev...Read More

The owner of a jewelry store was shot dead during an armed raid in Stamford, Connecticut, USA. Mark Vuono, aged 69, suffered a fatal gunshot wound on Saturday afternoon (28 March).It's the first homicide of a jeweler in the United States since January 2018, according to Jewelers' Security Alliance.  The alarm was raised by a customer who entered the store at 2.45pm. ...Read More

(IDEX Online) - Gem Diamonds sold stones worth $12.1m at its first flexible tender sale, introduced as a result of coronavirus travel restrictions. Its sale of large, high quality diamonds from the Letseng mine, in Lesotho, should have taken place in Antwerp from 16 to 25 March. CEO Clifford Elphick said: The results of the initial round of the flexible tender sales process for a selection of Lets...Read More

(IDEX Online) - Prices for March followed a similar pattern to recent months, with no movement at all in the majority of carat, color and clarity categories and a mix of fluctuations in those which did see change. Smaller stones, (up to 0.39) both round and fancy, were at a virtual standstill.The trend among changes that were seen in the 1.00-1.24ct rounds was generally up, by around three per cen...Read More

JOHANNESBURG (miningweekly.com) – Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call.Daehnke disclosed that the bank was benefitting from building up increased capital levels over the last few years in line with Basel requirements. As at December 31, the group had a...Read More