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

While the government has encouraged regulatory agencies to use virtual meetings to avoid face-to-face meetings, in practice, that has not been so simple for public hearings related to the award of concession contracts or prior consultation processes, Angela Salazar, head of mining at Lloredo Camacho said on a Colombia Mining Legal Tour webinar."The ANM [National Mining Agency] has implemented a mi...Read More

Publisher's Note: Oil is the cheapest it's been in years. That means it's time to start looking at it from a contrarian perspective. I've stayed away from oil for nearly eight years. I told you shale companies would go bankrupt. Over 200 oil companies have gone bankrupt since 2015. Oil prices went negative this year. It's time to start looking around for upside. You can start with this interview...Read More

Like much of the world, Argentina remains locked down, its citizens more or less homebound due to the global COVID-19 pandemic. Amid the torpor, Yamana Gold, a Canada-based mining company, has forged a new partnership around a gold mining project in the Patagonian province of Chubut. The move has led activists to accuse Yamana of [...]Read full newsRead More

Gold and silver will remain firm on developments in USA. Copper is on the verge of a big technical breakout. Crude oil is bullish. OPEC has decided to continue with production cuts. If India had faced a similar mass arson then global leaders would have condemned India with "secularism is at risk" slogan. The arsonists would have been divided between religion, caste and creed. USA's NATO allies a...Read More

Gold and silver will remain firm on developments in USA. Copper is on the verge of a big technical breakout. Crude oil is bullish. OPEC has decided to continue with production cuts. If India had faced a similar mass arson then global leaders would have condemned India with "secularism is at risk" slogan. The arsonists would have been divided between religion, caste and creed. USA's NATO allies a...Read More

Continued protests and the civil unrest that comes with them do little to deter investorsCivil unrest around the U.S. didn't hinder a rise in markets, with the Dow managing to tack on 267 points as investors eyed a reopening economy over protests. Meanwhile, the S&P 500 barely inched its way into positive territory, mostly in part to a lift in bank stocks, while the Nasdaq also struggled to mark a...Read More

Granada Gold Mine is pleased to provide an update of its 2020 pRead full newsRead More

Call volume is surging in the options pitsThe shares of online pet store Chewy Inc (NYSE:CHWY) are seeing a surge in call volume today, with 48,000 contracts traded compared to just 6,000 puts. Most popular is the weekly 6/5 50-strike call, where new positions are being opened. Second is the 45-strike call in the same session, which also happens to be the sixth most popular open interest positio...Read More

NV Gold Corporation is pleased to announce the Company has entereRead full newsRead More

Chilean Metals Inc. (Read full newsRead More

Planet Fitness reopened around 800 facilities in North AmericaThe shares of Planet Fitness Inc (NYSE:PLNT) are soaring today, up 7.6% at $72.66 at last check, after the fitness center franchise reported about 60% of its customers returned amid the reopening of around 800 gyms across the U.S. and Canada in the last week. Furthermore, the company also reported that memberships remain stable in gym...Read More

The Dow and S&P are higher midday, while the Nasdaq has taken a breather The Dow Jones Industrial Average (DJI) is trading up around triple-digits this afternoon, with stocks tied to the reopening U.S. economy leading the charge. The S&P 500 Index (SPX) is hovering at breakevenby midday, while a lackluster day for the tech sector has the Nasdaq Composite (IXIC) paring some of its earlier gains....Read More

Starbucks asked employees to further limit working hours or take unpaid leaveThe shares of Starbucks Corporation (NASDAQ: SBUX) are down 0.8% at $77.68 this morning, after the company asked employees to further limit their hours or take unpaid leave until September. Though the popular coffee chain has regained nearly two-thirds of its comparable U.S. sales from the past year as it reopens stores,...Read More

Western Union has offered MoneyGram a takeover offerOne of the best stocks on the Nasdaq so far today is MoneyGram International Inc (NASDAQ:MGI), up 32.4% at $3.43 at last check. The big move from the penny stock comes after Bloomberg News reported on a possible takeover offer from money transfer rival Western Union (WU). Following the news, BTIG chimed in that the combination would be subject t...Read More

Dick's Sporting Goods first-quarter losses and revenue were well below Wall Street's estimatesSports retailer Dick's Sporting Goods (NYSE:DKS) entered the earnings confessional this morning, reporting first-quarter losses and revenue that came in lower than analysts' estimates. Same-store sales missed estimates as well, falling nearly 30%, though its e-commerce sales more than tripled. As a resul...Read More

Several analysts are issuing bull notes to Slack stock todaySeveral analysts are raving about work-from-home staple Slack Technologies Inc (NYSE:WORK) this morning, including Cowen, which initiated coverage with an "outperform" rating and a $45 price target. The brokerage noted the recent shift to permanent remote work, sparked by stay-at-home orders, has given Slack the opportunity to accelerat...Read More

ADM is well overdue for a round of downgradesLast week, at Schaeffer's we dove into how the S&P 500 Index (SPX) is behaving during the current market turmoil, specifically exploring what, if anything, we could expect going forward. The analysis used an oscillator index called the Choppiness Index, and showed how the S&P 500 has performed based on specific key levels, including various spikes and b...Read More

Civil unrest has overshadowed the coronavirus and China tensionsDow Jones Industrial Average (DJI) futures are up around 150 points above fair value this morning, despite dipping overnight in the wake of U.S. President Donald Trump's statement that he will deploy the military if protests aroundthe country continue. As investors focus on states easing lockdowns, futures on the S&P 500 Index (SPX)...Read More

Key markets had closed higher yesterday and futures were pointing higher for Toronto, Europe and in Australasia.Gold was up to almost US$1,744 an ounce on the spot market.Base metals closed mainly higher on the London Metal Exchange yesterday after the latest Chinese manufacturing data for May rose above the 50 mark, indicating expansion.The Caixin Manufacturing PMI came in higher-than-expected at...Read More

The study shows a post-tax NPV of US$1.4 billion and IRR of 38.Read More