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

Even before COVID-19 had been declared a pandemic, the mining industry in Canada's northern territories was facing challenging circumstances. The ongoing protectionist trade wars were leading to lower commodity prices, and the impact on potential mine closures and decreased exploration expenditures was becoming more dire.According to preliminary figures released in February by Natural Resources Ca...Read More

We've been warning about negative rates for years.Well, it's taken a little bit longer than expected, but they're finally here.Interest rates on short-term Treasury bills turned negative in late March, when one-month T-Bills were trading at a negative yield of minus-15 basis points.So it's already happening, somewhat naturally as demand for the perceived safety of U.S. Treasuries surges. But negat...Read More

Mine and project closures related to COVID-19 have begun to drive the uranium spot price higher, helping the metal break past $27 per pound.Read full newsRead More

Gold Mining Stocks' Outlook Bright on Coronavirus FearsRead full newsRead More

The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More

Oil futures remained at their lowest since 2002The Dow finished the volatile day slightly higher, a majority of gains pared by another brutal jobs report, which showed 5.2 million unemployment claims in the past week alone. Though earnings data surrounding most stocks also remains dim, the Nasdaq managed to end the day up nearly 140 points thanks to a lead in tech, while the S&P 500 finished marg...Read More

Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. We highlight companies that have the most growth potential by utilizing our proprietary analytics platform.Read full newsRead More

Join us for a FREE virtual Breakfast Briefing on April 23rd at 9 am (EST) -- Alen Paul Silverrstieen of Imagination Park Technologies Inc. will be presenting...Read full newsRead More

VANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Loop Insights Inc. (TSXV:MTRX) (the "Company" or "Loop") - provider of transformative artificial intelligence (AI) solutions- is pleased to announce the appointment of Teresa N. Taylor to the Company's Board of Advisors. As a long-time resident of Ferndale, Washington, Teresa is deeply involved in local government. Most recently...Read More

Mylan NV named a new executive chairmanMylan NV (NASDAQ:MYL) is down 0.7%, last seen trading at $15.39, amid news that the pharmaceutical company named Chairman Robert Coury to be the new executive chairman, the second time Coury has been appointed to the position. Coury was previously CEO of Mylan from 2002 to 2012 before becoming executive chairman from 2012 to 2016. In this capacity, he will wo...Read More

Abbott posted a first-quarter earnings and revenue beatAbbott Laboratories (NYSE:ABT) is up 4.7% to trade at $95.20 -- recovering from its earlier dip -- following its first-quarter earnings report. The company reported profits of 65 cents per share and revenue of $7.73 billion, beating Wall Street's estimates. Abbott also said a recent ramp up in coronavirus testing would help it weather throug...Read More

The pharmacy firm reported a wider-than-expected loss for its fiscal fourth quarterIt's been a dismal day so far for pharmacy name Rite Aid Corporation (NYSE:RAD), after stepping into the earnings confessional early this morning. The firm posted fiscal fourth-quarter losses of 37 cents per share, which was wider than analysts' estimates, while the reported $5.73 billion in revenue was higher than...Read More

Streaming name Netflix will report earnings next weekNext week will bring a slew of notable earnings, including the likes of blue chips Visa (V), IBM (IBM), Intel (INTC), Coca-Cola (KO), and American Express (AXP). Netflix (NFLX) and Snap (SNAP) will also step into the earnings confessional, while weekly jobless claims will remain in focus as Wall Street closely follows the economic fallout of COV...Read More

Jobless claims topped expectations yet again this weekThe Dow Jones Industrial Average (DJI) is modestly lower at midday, despite having pared harsher triple-digit losses from the morning. Weighing on the Dow is another batch of weekly jobless claims that topped estimates, meaning it took just four weeksto erase all employment gains experienced in the last 11 years since the Great Recession. C...Read More

The equity has shed nearly 8% in 2020Shares of e-commerce name Square Inc (NYSE:SQ) are down 4.6% to trade at $58.54 after receiving a downgrade to "underperform" from "market perform" by Raymond James. Though SQ has been performing above what usually calls for a downgrade from the brokerage, they cited significant risks due to coronavirus that could take the company a long time to recover from. S...Read More

Reports that Hertz is seeking a government bailout to avoid bankruptcy are rocking the car rental stock Hertz Global Holdings Inc (NYSE:HTZ) is down 10.5%, last seen trading at $5.17, amid reports that the car rental concern is seeking aid from the U.S. government to avoid bankruptcy. HTZ recently tried to buck car rental sector's selloff, however, the company is potentially looking at a budget...Read More

Bank of New York Mellon posted first-quarter earnings and revenue that beat analysts' estimates Financial name Bank of New York Mellon Corp (NYSE:BK) is up 6.4% at $36.88 after posting first-quarter earnings of $1.05 per share, and revenue of $4.11 billion, both of which came in higher than analysts' estimates. The investment bank cited increased fee revenue and higher transaction volumes for the...Read More

Microsoft and Apple will report earnings next weekAs April comes to a close and the pandemic continues to encroach on the U.S. economy, there's a jam-packed slate on tap for investors next week. The highlight will be an advance reading of first-quarter gross domestic product (GDP), which willundoubtedlyshow the beginning economic effects of the coronavirus outbreak. The Federal Open Market Committ...Read More

President Trump will announce guidelines to reopening the economy later todayAfter a sluggish start, Dow Jones Industrial Average (DJI) futures are climbing, shaking off subpar economic data this morning. The positive price action comes even after the latest weekly jobless claims report of 5.24 million, that topped the 5 million estimate. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index...Read More

The latest retail sales and factory output reports showing declines "were the most solid pieces of evidence yet that the economy was in deep recession and potentially at risk of a depression," Reuters reported.The data comes as the number of confirmed COVID-19 cases globally has risen above 2 million, according to tracking by the Johns Hopkins University.Meanwhile Chinese steel exports jumped in M...Read More