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
I've gotta tell ya, the past few years have been kinda rough for a perma-bear kinda guy like me. Watching the stock market hit new high after new high for wrong reason after wrong reason, I knew the village wouldn't believe when a wolf was truly on the prowl. The wolf is here. Though it looks more like a bear. Many are still in denial, grasping at the green days like life rafts. Hoping the bott...Read More
The state's largest gas utility plans to invest $30 million a year in a bid to replace 5% of fossil gas by 2024.Read full newsRead More
Family members of top government officials are involved in South Sudan's corrupt gold mining sector which is booming and threatening the fragile peace that ended the five-year-long civil war, warned a new report by The Sentry. Read full newsRead More
What are the best gold stocks to watch in 2020? Analysts at Raymond James recently shared gold stocks on their radar right now.Read full newsRead More
The Dow finished the day modestly in the redThe Dow inched its way into the red within the last half-hour of trading,paring earlier gains triggered by an upbeat coronavirus outlook and a surge in cruise stocks. "We are seeing progress, but the virus is not under control yet," said Adam Phillips, director of portfolio strategy at EP Wealth Advisors. Also in focus is the potential of a Phase 4 relie...Read More
As all readers will be aware, this year has seen the outbreak of Covid-19 has driven one of the most significant market sell-offs in history. As more and m...Read full newsRead More
First, the coronavirus pandemic brought the cannabis sector (and the markets) down. Then, cannabis bounced back, posting record sales and being labelled an essential service in most locations.How do you find the cannabis companies that will succeed during uncertain times? Look for those that have been doing it right, and have the track record to show it. For Indiva Limited (TSX-V:NDVA, OTC:NDVAF,...Read More
T announced at $5.5 billion term-loan agreement todayAT&T Inc. (NYSE:T) announced this morning a $5.5 billion term-loan agreement to give themselves "financial flexibility" during the global pandemic, and reaffirmed its commitment to pay a dividend. In response, the shares of the mobile are up 4% at $30.62 in afternoon trading. It's been a slippery slope downward for AT&T during the past few m...Read More
EU antitrust regulators appear to be building their case against Facebook Social media giant Facebook Inc. (NASDAQ:FB) is up 2.1% at $169.14 at last check, despite a report from Reuters that the European Union (EU) antitrust regulators sent out follow-up questionnaire to companies focusing on Facebook's Marketplace. The document touched on ways the platform's online marketplace is unfairly benefit...Read More
The S&P 500 and Nasdaq hit four-week highs earlierThe Dow Jones Industrial Average (DJI) is building off of yesterday's rally, now up over 600 points at midday and heading toward back-to-back wins. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are following suit, with all three benchmarks hitting four-week intraday highs amida possible global slowdown of the coronavirus outbreak. Howe...Read More
Microsoft devices have seen an uptick in use amid "stay at home" ordersBlue chip and household technology name Microsoft Corporation (NASDAQ:MSFT) has succumbed to nearly every hill of the stock market roller-coaster that has become 2020. In late February, the company warned investors that it expected its Windows units to miss their third-quarter guidance due to the coronavirus outbreak. The resul...Read More
Raymond James downgraded Shopify to "market perform" from "outperform" Shopify Inc (NYSE: SHOP) is down 2.5% to trade at $380.36 this morning, succumbing to a downgrade from Raymond James to "market perform" from "outperform." This comes just one day after D.A. Davidson cut its price target to $500 from $675. The latter did maintain its "buy" rating, calling SHOP "one of the most attractive long-t...Read More
AZO puts have been popularAutoZone, Inc (NYSE: AZO) announced a series of precautions it will take in response to COVID-19. One of those precautions included adding additional time off for eligible employees, with 80 hours for full-time employees and 40 hours for part-time. Additionally, AutoZone has also reduced most stores' hours, increased cleaning and disinfecting, and now offers curbside pic...Read More
There are rumors a Phase 4 stimulus package is on the way next month Dow Jones Industrial Average (DJI) futures look ready to build off yesterday's resounding rally, up more than 700 points above fair value this morning.Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also soaring, as more signs point to a possible global slowdown of the coronavirus pandemic. New COVID-19 case...Read More
Animated publicationRead full newsRead More
Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ | FSE: A23) , a pioneer in military robotics, services, and innovation in the auto industry, previously announced, on February 11, 2020, that it received a CAD $1.5 Million contract with Israel's Ministry of Defense ("MOD"). "We are delighted to announce that we have received payments, on schedule, for 15% of amounts...Read More
Based on its recent share price of 10.5c, the latter would account for 9.5 million shares, or 4.1% of the company, with Swick's shares trading at 21c 12 months ago and 27c in August.Regarding the dividend, the payout to shareholders will be 0.3c per share.It will be the first interim dividend paid since 2015.As at December 30, Swick had total assets of $151.7 million (including cash of $12 million...Read More
Share this articleThe Canadian Minister of Public Safety and Emergency Preparedness has deemed exploration and mining essential services during the current COVID-19 outbreak.The list includes:Businesses that ensure global continuity of supply of mining materials and products (e.g. metals such as copper, nickel and gold) and that support supply chains including:Mining operations, production and pro...Read More
Aim-listed ldiamond producer BlueRock Diamonds’ good performance during the first quarter of 2020 has been overshadowed by the ongoing Covid-19 pandemic which has halted operations.The group, which owns and operates the Kareevlei diamond mine, in Kimberley, sold 3 267 ct during the first three months of the year, a surge of 77% compared with the 1 847 ct sold in the comparative quarter last...Read More
(IDEX Online) - Credit ratings on 70,000 jewelry firms will take account of the impact of coronavirus, says the Jewelers' Board of Trade.The non-profit organization says its reports will now include a business's rating as it stood before the Covid-19 crisis, for the sake of transparency."If a firm was highly rated prior to the crisis, that will be visible to the JBT member," said the boa...Read More