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
AMZN is facing off with a key trendline todayLast week, we profiled the best performing stocks since 2009, based on annualized returns. It's no surprise FAANG stock Amazon Inc (NASDAQ:AMZN) found itself on that list, boasting a return of 36.8%. Looking towards the future now heading into a new month, Schaeffer's Senior Quantitative Analyst Rocky White broke down the best S&P 500 stocks to own in A...Read More
Emgold has completed the acquisition of 100% ownership of 21 patented and 60 unpatented mineral claims of the New York Canyon Property.Read full newsRead More
Best results include 0.5m core length grading 1584g/t silver and 5.56g/t gold from hole LV20-219Read full newsRead More
The Dow is up over 440 pointsThe Dow Jones Industrial Average (DJI) is continuing its surge after a triple-digit open, expanding on Friday's weekly win for indexes. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also in the black, after social distancing measures were extended to April 30 by U.S. President Donald Trump on Sunday. Bracing for another volatile week, sentiment was also boos...Read More
Dramatic swings in sentiment have caused indicators to flip-flop from bearish slanting to bullishly alignedIn the December 2019 edition of The Option Advisor, published on November 22, 2019, we at Schaeffer's highlighted option indicators that were flashy warning signs for the broad market.Inserted below is the concluding paragraph of that article:As always, we must consider these indicators in...Read More
Ulta has closed all of its stores until further notice Cosmetics retailer Ulta Beauty Inc (NASDAQ:ULTA) is in the spotlight today after announcing the temporary closure of all its stores until further notice. The company said that its employees will continue to receive benefits, and will be paid until mid-April. Ulta added that it will continue to operate online and plans on giving its distributio...Read More
Johnson & Johnson hopes to have 1 billion doses available by early 2021Johnson & Johnson (NYSE:JNJ) is the top Dow stock this morning, up 5.5% at $129.86, after the company announced that its experimental vaccine for the coronavirus will be ready for human testing by September, while the drug's availability for widespread emergency use will be ready in early 2021. Additionally, the drugmaker said...Read More
The company reported a third-quarter earnings beatCal-Maine Foods Inc (NASDAQ:CALM) is up 0.5% this morning to trade at $42.61, after reporting a third quarter earnings beat. The fishing and farming company announced profits of 28 cents per share, higher than Wall Street's estimated 18 cents per share. Cal-Maine Foods' also reported revenue that came in above estimates. The company stated that the...Read More
Last week's wild surge isn't over yet, it would seem Futures on the Dow Jones Industrial Average (DJI) are looking at a triple-digit open this morning, right on the heels of one of Wall Street's wildest trading weeks ever. Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) futures are also higher before the bell. More volatility on Wall Street could be in the cards this week, with investors looki...Read More
MONTR??AL, March 30, 2020 /PRNewswire/ - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF), based in Montr?(C)al, Canada, focused on push-to-talk over cellular communications, today announced that Arlen Hansen, Investor Relations, will present live at VirtualInvestorConferences.com on April 2nd.DATE: Thursday, April 2ndTIME: 11:30 AM ETLINK: https://tinyurl.com/April2TechVICThis will be a liv...Read More
There were 63,159 new confirmed cases of the virus yesterday, taking the global tally to 634,835 people, according to the World Health Organisation.The number of deaths increased by 3,464 to 29,957.The oil price has tumbled towards US$20 per barrel while gold is worth about US$1,630 an ounce on the spot market."In China, workers are returning to factories just to be told about delayed or cancelled...Read More
New and existing domestic and offshore institutional investors participated in the two-tranche placement of 694 million shares, which was conducted at 18c per share, a 23.Read More
The company said it was evaluating how to ensure supply of concentrate to its zinc smelters following the loss of volumes from Tara, Europe's largest zinc mine.Canadian bank BMO forecast Tara would produce about 135,000 tonnes of zinc in concentrate in 2020, representing 45% of Boliden's total zinc production this year.BMO said the 14-day shutdown would have "relatively limited impact on overall p...Read More
Owing to public health restrictions on the movement of people and products in Botswana, South Africa and India, diamond miner De Beers will not hold its third rough diamond sales cycle of this year.As a result, De Beers is enabling sightholders to defer 100% of their Sight 3 allocations to later in the year.AdvertisementThe miner intends to “seek innovative ways” to meet rough diamond...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe fall in the copper price in response to a slowdown of the global economy in the face of the worldwide spread of the COVID-19 virus has hit the company's financial plans hard.The company has yet to report its 2019 full year financials, but at the end of the third quarter it had US$14.6 million in cash and a negative working capi...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesProduction fell 5.3% to 1.58 million tonnes in 2019 from 1.68Mt in 2018, while C1 cash costs increased 1.8% to $1.41 per pound from $1.39/lb in the prior year period. Codelco's C3 fully allocated cost fell 2.8% to $2.24/lb from $2.30/lb.Codelco said operations in the second semester overcame many of the difficulties the company exp...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company reported its La Esperanza camp was violently attacked by people throwing dynamite and shooting guns, and burning several installations and vehicles.The project in Morona Santiago province is at the advanced exploration stage, although work has been paralyzed since 2006 due to opposition to its development from the Shaur...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpain's government issued a Royal Decree to combat COVID-19 requiring the closure of all but essential industries from March 30 - April 10. Mining was not classified as an essential industry.Canadian bank BMO said the impact of the shutdown to Atalaya was likely to be "relatively limited at this stage", but that a prolonged shutdow...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesTrilogy said the US Bureau of Land Management had released the final environmental impact statement for the Ambler Mining District Industrial Access Project.Read More
Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000 gold-equivalent oz. this year.Under a definitive agreement approved by the boards of both companies, each Alio common share will be exchanged for 0.67 of an Argonaut common share, giving Argonaut and Alio shareholders...Read More