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

Why is there such a huge gap between spot price and future price in gold/silver?1. Mines are closed or closing. There will be no new supplies.2. Global lockdown is preventing physical gold and silver to be transferred from one nation to another. 3. Lack of alternate safe investment avenue and availability of free money to fund managers and large corporates has resulted in shor...Read More

The Dow Jones Industrial Average saw its gains firm Wednesday midday, helping the blue-chip index find purchase above the psychologically significant level...Read full newsRead More

Oil logged its third straight winThe Dow capitalized on yesterday's historic gain with another win today, its first set of back-to-back wins since Feb. 6. The blue-chip index climbed over 1,100 points at its session highs, thanks in part to big days from both Boeing (BA) and Nike (NKE). However, the Dow came off its highs in last-minute trading, amid a possible impasse with the stimulus bill betw...Read More

The SPX is still up 11.5% a year annualized off its 2009 bottomIt's been an absolute bloodbath on Wall Street the last two months, there's no sugarcoating it. How bad is it, actually? Well, after Monday's historic drop, it was the sixth largest pullback for the S&P 500 Index (SPX) going back to 1928, according to Schaeffer's Senior Quantitative Analyst Rocky White. However, stocks have made a bit...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Morgan Stanley upgraded from "equal-weight" to "overweight"Virgin Galactic Holdings Inc (NYSE:SPCE) is up 6.9% to trade at $17.45 at last check. The aerospace company was upgraded to "overweight" from "equal-weight" by Morgan Stanley, who believes the company has a healthy enough cash position to navigate the near-term discord. However, Morgan Stanley also cut its price target to $24 from $30 due...Read More

KeyBanc upgraded KB Home to "overweight" from "sector weight"Homebuilding concern KB Home (NYSE:KBH) is enjoying an impressive day of gains, up 22.2% at $19.08 this afternoon following an upgrade to "overweight" from "sector weight" from KeyBanc. The analyst maintained its $25 price target. KeyBanc's bull note comes right ahead of KBH's first-quarter earnings report, which is due out after the clo...Read More

Red Rock Resources (LSE:RRR) has said it sees " upside potential rather than a potential for more downside surprises" as the world continues to move throug...Read full newsRead More

Sirios announces the temporary suspension of all its exploration field work, in compliance to the directives of the Quebec government.Read full newsRead More

Steppe Gold Limited is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia.Read full newsRead More

Customers must sell their gold, silver and platinum this week. Otherwise, ABN Amro will do that for them...Read full newsRead More

Emgold Mining Corporation announces that, subject to regulatory approval, it has retained futurum bank AG?,,? to initiate market-making services.Read full newsRead More

Stocks are rallying midday on the back of the $2 trillion emergency stimulus bill passed late last night Falling back earlier following this morning's modest rally, the Dow Jones Industrial Average (DJI) is now seeing a resurgence, up over 800 points midday thanks to boosts from Boeing (BA) and Nike (NKE), the latter surging on an earnings beat. The S&P 500 Index (SPX) and Nasdaq Composite (IXI...Read More

The Canadian miner is studying options to maintain control.Read full newsRead More

Customers must sell their gold, silver and platinum this week. Otherwise, ABN Amro will do that for them...Read full newsRead More

Target decided to withdraw its first-quarter and full year forecast Target Corp (NYSE:TGT) CEO Brian Cornell announced the company will be withdrawing its guidance for the first quarter and fiscal year due to the economic impact caused by the coronavirus pandemic. The big-box retailer also delayed plans to remodel hundreds of stores to instead focus on providing food, medicine and other essential...Read More

Pelaton's top investor Wellington Management sold $100 million worth of sharesPeloton Interactive Inc (NASDAQ:PTON) is down 0.8% to trade at $24.36 at last check, despite "stay at home" stocks rising amid the global pandemic as fitness clubs close. Weighing on the shares today are SEC filings that show Pelaton's top investor Wellington Management sold 4 million shares at varying prices worth abou...Read More

Piper Sandler upgraded HSY to "overweight" from "underweight" Hershey Co (NYSE:HSY) is getting a boost this morning, up 3.4% at $4.08 after Piper Sandler upgraded the packaged foods producer to "overweight" from "underweight," and hiked its price target to $138 from $134 -- a 13% premium to last night's close. The analyst said Hershey will likely benefit from the heavy amount of retail traffic and...Read More

Put options have been popular on the FAANG nameMost Americans are stuck inside with nothing to do, so social media and internet use has ballooned. All these extra eyeballs means increased traffic for social media powerhouse Facebook, Inc. (NASDAQ:FB), which said its platform use has spiked since the virus outbreak triggered quarantines across the country. However, Facebook also noted that its ad...Read More

A U.S. emergency stimulus package was reached late last nightDow Jones Industrial Average (DJI) futures are eyeing modest gains this morning following last night's wild surge, with all eyes onthe $2 trillion stimulus package negotiations that were finally agreed upon late last night. Republican Senate Majority Leader Mitch McConnell called the stimulus package "a war time level of investment in o...Read More