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

Not many asset classes performed well in 2018, but gold managed to escape with only about a 1% loss -- and the charts tell me it could shine even more brightly in 2019. After all, a 1% drop for 2018 was actually pretty decent considering the fact that gold had a massive swoon over the summer, down more than 10% at one point. And remember that many other asset classes did even worse....Read More

Gold miners are continuing to glitter in 2019, as U.S. stocks fade early in Tuesday's trading session. After opening higher for a third straight session, the big S&P 500 index is reversing course as the trading day progresses, cooling off as investors hope for a rebound following the worst year for stocks since the financial crisis of 2008. With investor uncertainty abounding in 2019, one of the...Read More

As investment flows and increased risk appetite driven by U.S. quantitative easing and the emergence of ETFs have pushed copper prices higher than the fundamentals suggest in the near term, RBC Capital Markets is warning that a correction is possible in the near term. However, copper remains the firm’s preferred base metal and it raised its price forecasts to reflect an improving supply-dema...Read More

With all the noise and uncertainty floating around these days in the global economy, it’s no surprise everyone is looking for a unique way to profit from gold, the generally acknowledged safe haven in times of strife.John Redstone, analyst with Desjardins Securities, has come up with a list of six base metals companies that are also well-leveraged for a rising gold price. Interestingly enoug...Read More

Analysts and strategists at UBS share their views on commoditiesQ: What is your take on recent developments in base metals?A: We were concerned over the base metals in early April, because of the potential for a global synchronised slowdown over the summer and into Q4, and because of the potential for risk capital to exit positions. We now believe that the slowdown is priced in, and we anticipate...Read More

It's proving to be an ugly day for the market. As of this writing, all major stock market indices are down at least 1.5%, dragging stocks to the lowest levels seen since the start of this summer. Simply put, the price action we're seeing in the broad market Tuesday doesn't paint a particularly rosy picture for stocks' staying power during the rest of 2018. But while Mr. Market gets gut-punched t...Read More

Gold is glittering this October - and miners are proving to be one of the best ways to play the trend. Since bottoming back in the middle of September, the average gold mining stock has surged around 15% higher, vs. a 3.3% stumble in the S&P 500 over that same time frame. That's not totally surprising. After last week's big "risk off" moment on Wednesday and Thursday, a flight to quality to gold...Read More

Canada's Barrick Gold Corp. is reportedly near an agreement to buy London-listed Randgold Resources Ltd. in a deal that could be worth as much as $18 billion, according to media reports. The agreement could be announced as soon as Monday, according to a report from Reuters citing a person familiar with the talks. Mining blog IKN first reported the news on Sunday, and Bloomberg later said the t...Read More

Gold prices have taken it on the chin, but don't be scared to shop the space. Goldcorp (GG) saw a weak second quarter, with lower gold production and higher-than-estimated costs. The company has advised the third quarter will also be soft, while forecasting a strong fourth quarter. The company's grand 20/20/20 goal (for 20% higher production, 20% higher reserves, and 20% lower costs) was resta...Read More

As the adage goes, buy the dip. Copper's recent pullback to around $6,000 a metric ton due to trade tensions between the U.S. and China presents a buying opportunity, according to Citigroup Inc. analysts. Copper is often known as Dr. Copper -- the metal with a Ph.D. in economics -- because of its ability to anticipate shifts in the global economy. Copper is used in industries including construct...Read More

Commodities from oil to precious metals showed their strength Wednesday, April 18, pushing higher across the board. While gold futures for June delivery were up 0.34% to $1,354.10 per ounce, other metals were rallying harder. Silver futures for May delivery gained 2.61% to $17.23 per ounce. Copper futures for July delivery soared 2.37% to $317.65 per pound. Platinum spot prices jumped 0.95% to $...Read More

Amid the threat of a trade war breaking out between the U.S. and China, Wall Street and Main Street alike look for gold prices to continue their rally next week. The yellow metal rose sharply this week and by late Friday morning was up some $40 from the lows of Tuesday. The first leg higher came when the Federal Reserve did not appear to be signaling any increase in policymakers' pace of monetar...Read More

The markets are tanking on Thursday, with the Dow down 500 points earlier in the session amid concerns about rising interest rates and ongoing troubles at Action Alerts PLUS holding Facebook (FB) . And that was before President Trump slapped China with $60 billion in tariffs. Here are three top takes from the columnists ofReal Money andReal Money Pro, our premium site for active investor...Read More

A weight has been lifted from the gold market after the Federal Reserve signaled Wednesday that it is in no hurry to raise rates faster than it was already expecting this year, according to one gold analyst. In a telephone interview, George Milling-Stanley, head of gold investments at State Street Global Advisors said that he now expects gold prices to eventually retest the top of its recent ran...Read More

The next move for gold prices may not please the bulls, who are likely betting for the return of stock market volatility boosting sentiment around the yellow metal. "In the last four gold selloffs, greater than average volume occurred across the entire futures chain while front month gold prices held support -- this suggests new longs and accumulation in the lower $1300's," says Bank of America...Read More

U.S. markets are staging a long-awaited rebound this week, bouncing higher for a third straight session Wednesday after a particularly nasty short Thanksgiving trading week. That might pull investors' attention back away from conventionally defensive assets like gold. But that's a big mistake. After a prolonged stretch of underperformance, gold is finally staging a major turnaround here. Simply...Read More

(Bloomberg) -- High prices for lithium and cobalt will hinder sales growth in battery-powered vehicles the next few years, according to HSBC Holdings Plc (LON:HSBA).Global market share by 2025 for fully electric vehicles will be lower than previously projected -- 9.4 percent, compared with an earlier estimate of 10.5 percent, HSBC analysts Alexandre Falcao and Augusto Ensiki said in a report....Read More

(Adds closing prices)By Josephine Mason and Julien PonthusLONDON, Dec 3 (Reuters) - Mining and energy stocks led a rally in British equity markets on Monday after Washington and Beijing agreed a ceasefire in their trade conflict, which has upended financial markets, and oil prices surged ahead of an OPEC meeting.Starting the final month of the year on a positive note, the blue-chip index ended the...Read More

Investing.com - Gold prices rose to more-than-a-month high on Monday as a drop in the dollar lent support to the precious metal following news that the U.S. and China agreed to put any new tariffs on hold for 90 days.At 11:04 AM ET (16:04 GMT), gold futures for February delivery on the Comex division of the New York Mercantile Exchange gained $12.60, or 1.03%, to $1,238.60 a troy ounce, after touc...Read More

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 2.1 pct, FTSE 250 up 1.3 percent* Xi, Trump agree truce on sidelines of G20 summit* RPC falls after ending takeover talks with Bain Capital* Convenience store McColl's sinks after profit alertLONDON, Dec 3 (Reuters) - Mining and energy stocks led a rally in British equity markets on Monday after Washington and Beiji...Read More