Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 45 points at 8:35 AM EDT.S&P 500 futures added 18 points following release of the U.S. May Employment Report. Consensus for May Non-farm Payrolls was a drop to 125,000 from revised 147,000 in April. Actual was 139,000. Consensus for the May Unemployment Rate was unchanged from April at 4.2%. Actual was. unchanged....Read More
The word of the day is crashout. That's what the kids say these days instead of cluster*u*k.What we have witnessed over the last 36 hours was indeed a crashout of epic proportions.It started out somewhat innocently, with Musk and Trump sparring over electric vehicle (EV) tax credits and the Big Beautiful Bill (BBB).Source: XBut something bigger was simmering behind the scenes...As we all know by n...Read More
In 1975, an engineer at Kodak invented the world's first digital camera.The prototype took 23 seconds to capture a black and white picture. The image was stored on a cassette tape and could be displayed on a television.The technology was primitive, but clearly had potential. Still, digital cameras would threaten Kodak's lucrative film photography business. So Kodak executives ditched the project.A...Read More
For details on how your data is used and stored, see our Privacy Notice. Demand for mined commodities exceeded pre-pandemic levels in 2021. Despite macro-economic headwinds over the next few years, growth seems assured and could be supercharged by a faster decarbonisation pathway. Supply constraints and disruptions continue and are likely to be exacerbated by economic sanctions on Russia...Read More
Early 2022 has brought the most traumatic events in Kazakhstan’s 30 years of modern independence. Widespread protests and civil unrest led to unprecedented scenes of violence on the country’s streets. Especially in Almaty, the largest city. More than 225 lives have been lost.What began as peaceful demonstrations against a sharp increase in the price of LPG fuel in resource-ri...Read More
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This webinar is open to Wood Mackenzie clients with the following subscription ONLY:Asia Pacific Power ServiceAsia Pacific Renewables ServicePlease register with your business email if your company has access the subscription above. Successful registration is based on email domain detection. Feel free to contact angel.hang@woodmac.com or luis.catalan@woodmac.com if you have any questions or e...Read More
We stand at a pivotal moment for the metals that will be essential to the energy transition. Metals-intensive low-carbon electrification remains a significant demand driver for transition metals, but geopolitical tensions and a challenging fiscal environment mean net-zero policies are being rolled back.For copper, EV and grid-related growth will boost long-term demand, but short-term supply-demand...Read More
For details on how your data is used and stored, see our Privacy Notice. Metals and mining companies are starting to shake off the sector’s long-held dedication to capital discipline. In stark contrast to Big Oil corporates which are cutting budgets, Big Mining are upping investment with the goal of growing mine supply. James Whiteside, Head of Metals and Mining Research, analysed...Read More
The copper market is on the brink of transformation, driven by increasing demand for copper-intensive technologies and the urgent need for sustainable practices across the metals and mining industry.Our interactive copper infographic offers a comprehensive overview of the future of the copper market, detailing the key trends and projections that will shape the industry through 2034.Fill out the fo...Read More
What will be the key themes for copper in the year ahead? Growing economic and political uncertainty amid the slew of elections in some key copper-producing and consuming countries is one area we will be watching closely.Crucially, the timing of any interest rate cuts as well as energy transition-related developments will determine the strength of demand, notwithstanding the uncertainties due to t...Read More
For details on how your data is used and stored, see our Privacy Notice. The road to zero carbon will see an extraordinary build out of low carbon electric vehicles (EVs) and renewable power generating capacity. And as the world reduces its dependence on hydrocarbons, metals will be a linchpin of a zero carbon economy. Copper – in the form of wire, cable and foil – will bind...Read More
For details on how your data is used and stored, see our Privacy Notice. Copper has often been important for technological progress. It was copper cladding for sailing ships’ hulls that led to dramatic improvements in speed, manoeuvrability and durability in the late 18th and early 19th centuries. That history continues in the modern era: copper is one of the critical metals &ndash...Read More
For details on how your data is used and stored, see our Privacy Notice.CESCO Week, one of the mining industry's premier annual gatherings, is held every April in Santiago, Chile. Organised by the Center for Copper and Mining Studies (CESCO), this event brings together global mining executives, investors, government officials, and experts to discuss key market trends, challenges, and opportunities...Read More
Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will underpin a huge increase in long-term demand.At the recent Future Facing Mined Commodities Forum, we looked at the importance of these two metals for the energy tran...Read More
Whatever happened to the Donald Trump and Elon Musk visit to Fort Knox?You'll recall the buzz from earlier this year. Trump and Musk loudly announced they were going to visit the U.S. bullion depository at Fort Knox, Kentucky to make sure the U.S. gold was actually there. The press was invited to tag along. Musk claimed that his DOGE team was ready to "audit" the gold bars to see that there were n...Read More
Generation Mining (TSX: GENM, US-OTC: GENMF) shares nearly hit a two-year high Friday as it spotlighted Ontario government support for its $990-million capex Marathon copper-palladium project.Located 300 km east of Thunder Bay, Marathon represents Canada's next shovel-ready critical minerals project after receiving its final construction permit last month. It would be one of North America's few pa...Read More
Rio Tinto's (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn't fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to the contrary. Management and board remained "absolutely aligned" on the company's values, strategy and performance assessment, Stausholm said Friday, according to Australian media. His successor could "very well be" an internal c...Read More
EarthLabs (TSXV: SPOT; US-OTC: SPOFF) has released a new episode of its flagship series EarthLabs Expeditions, offering an up-close look at West Red Lake Gold Mines (TSXV: WRLG, US-OTC: WRLGF) at a pivotal moment in the company's growth.The episode marks a return to northern Ontario where West Red Lake Gold finished its bulk sample program and conducted a first gold pour from the revitalized Madse...Read More
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is set to begin trading on the New York Stock Exchange starting Monday after obtaining all regulatory approval. The stock will trade under the ticker symbol "AAUC" the same as its Toronto-listed shares.The NYSE listing approval "represents a significant milestone" that reflects the continued growth of Allied's business, the company said in a news release th...Read More