Barrick on the backfoot as FY22 output misses guidance
Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold’s (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on…
Commodities Markets
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
US stocks gain over first trading week of 2023
U.S. markets rose moderately last week after investors digested mixed news on the work front. Markets initially retreated after employers added 223,000 jobs in December, more than analysts expected, which…
Manganese batteries market may face deficit in 2024
The high-purity manganese market may face a deficit as early as 2024, according to people in the industry. An essential component of the steel-making process, manganese has played an increasing…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
World Gold Council sees positive 2023 outlook for gold amidst global uncertainty
Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the World Gold…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
Saskatchewan juniors jostle to advance Canada’s next new uranium mine
With uranium prices continuing their slow climb over the last four years while the geopolitical situation highlights the need for secure energy supplies, all eyes are on Canada’s next big…
A scary time for everyone as gloomy forecasts for mining and exploration show
With annual financial budgets looming, the end of October is a frightening time in the calendar. This year is especially scary because of the considerable political and financial uncertainty. Soaring…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Manitoba juniors look to capitalize on lithium fever
With lithium prices at a record high – around US$71,000 a tonne for lithium carbonate – and demand for green technology surging, a cadre of exploration and development companies is…
Beaver Creek: Industry heavyweights weigh in on gold’s role in a changing world order
The Precious Metals Summit currently underway in Beaver Creek, CO has heard how gold is poised to play an increasingly important role in a changing global geopolitical landscape. During a…