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
Here we review one of the top-performing ASX large-cap shares over the past 12 months: Northern Star Resources Ltd (ASX:NST). The post Why this ASX 200 gold miner has been a top performer over the past year appeared first on Motley Fool Australia.Read full newsRead More
Germany's growing robo-advisory market could be seen as a bellwether for how the country's banking market will evolve, according to a new research paper by Deutsche Bank.Read full newsRead More
Oil prices remained under pressure as wellIt was another bloodbath on Wall Street today. The Dow, S&P 500, and Nasdaq all fell by 4.5% or more, with the blue-chip index closing in bear market territory. The latter two indexes briefly dipped into bear market territory, but ultimately did not close there. The global economy continues to struggle in the face of the spreading coronavirus outbreak, esp...Read More
The 80-day moving average has meant more downside for SFM in the past Grocery store concern Sprouts Farmers Market Inc (NASDAQ:SFM) has endured a choppy journey lower in the past 12 months, evidenced by its 26.2% year-over-year deficit and early February record low of $14.51. While the shares have since bounced from this region, the rally was short-lived, with SFM consolidating back below the $17....Read More
JPMorgan Reaped $100 Million as China Squeezed Niche Nickel MarketRead full newsRead More
The Dow has completely erased yesterday's rebound Stocks have completely erased yesterday's rebound by midday, with the Dow Jones Industrial Average (DJI) off over 1,100 points amid concerns over the White House's vague fiscal response to the coronavirus-related blow the economy has taken in recent weeks. The S&P 500 (SPX) and Nasdaq-100 Index (IXIC) are also deep in the red at the halfway poin...Read More
There's optimism to be unwound in the options pits, too It has been a rocky road for Exelon Corporation (NASDAQ:EXC) is recent weeks, with the utility services specialist falling victim to the broader market's steep slide. In fact, at the end of last month, the stock hit its lowest level since late-2018, and is now struggling to conquer its year-to-date breakeven, which it closed south of on Frida...Read More
Greatland Gold (LSE:GGP) was one of Wednesday's biggest winners after announcing another excellent set of drilling results at its Havieron project in Austr...Read full newsRead More
Goldman Sachs added Eli Lilly to its "Conviction Buy" listEli Lilly and Co (NYSE:LLY) is up 0.3% to trade at $140.81 at last check, shaking off the broader market sell-off thanks to some bullish analyst attention. The drug manufacturer was just added to the "Conviction Buy" list at Goldman Sachs, with the brokerage firm waxing optimistic that LLY has one of the strongest potentials for growth desp...Read More
The automaker announced that it was temporarily stopping production at its Italian factories European automakers are spinning their wheels today as several big names said they would be halting production and temporarily closing factories in an effort to combat the rapidly spreading coronavirus. Fiat Chrysler Automobiles NV (NYSE:FCAU) is one of the names getting hit today after announcing plans to...Read More
PepsiCo Inc's stocks are down after the company bought Rockstar Energy BeverageShares of PepsiCo Inc. (NYSE:PEP) are down 3.5% today, last seen trading at $130.66,after the company confirmed it had acquired Rockstar Energy Beverage in a $3.85 billion deal. The food and beverage giant has had a distribution deal with Rockstar since 2009, and while Rockstar's products are available in over 30 count...Read More
SOLY continues to teeter along its year-to-date breakeven priceShares of Soliton Inc (NASDAQ:SOLY) are surging 7% at $11.40 this morning, higher after the medical device company received 510(k) Premarket Notification clearance at the Food and Drug Administration (FDA) for its Generation II Rapid Acoustic Pulse (RAP) device. The tattoo removal device is similar to its generation I version, but is...Read More
The timing of President Trump's proposed 0% payroll tax rate is uncertainYesterday's market bounce looks to be short-lived, with Dow Jones Industrial Average (DJI) futures pointing to an almost 800 point drop before the open this morning. The resumed selloff comes after U.S. President Donald Trump proposed on Tuesday a 0% payroll tax rate for the remainder of the year, though it was not specifie...Read 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, announced today a new contract with the Israel Electric Company (IEC).A2Z has three prior pre-existing contracts with the IEC for various products and services. This new contract is for additional services for systems not cov...Read More
A look at which stocks do best after a V-bottomIt might be premature, but Tuesday's early morning spike made me hopeful. Besides, you need to be quick to make money in trading. I became curious what stocks should be targeted during a V-bottom. As of now, the recent pullback is similar in magnitude to the one we experienced in late 2018. From late September of that year until the market bottom on C...Read More
Gold has been one of the best performing commodities in over a year, with the global gold price rising from close to $1,300 per ounce in the beginning of 2019 to about $1,630 per ounce in February 2020. The rise in price in 2019 was led by rising trade tension between US-China...Read full newsRead More
As Euro Manganese (TSXV: EMN; ASX: EMN) advances feasibility studies at its wholly owned Chvaletice manganese project about 90 km east of Prague in the Czech Republic, it has also been lining up potential customers for planned output from its demonstration plant, which is projected to come online in late 2020.So far, the company has queued up five prospective customers for about 55% of the planned...Read More
What was surprising about the Prospectors and Developers Association of Canada (PDAC) conference this year was how many people actually showed up, with Covid-19 ripping around the world. According to figures from Johns Hopkins' Coronavirus Resource Centre on March 10, 118,101 people have been infected and 4,262 have died.While many conferences and large gatherings elsewhere have been cancelled, th...Read More
Rarely at the top of the buy list of leading investment banks Australian-listed Alumina, which takes its name from what it produces, and Iluka Resources, a titanium minerals and zircon specialistRead More
Brand Finance looks at marketing investment, stakeholder equity and the impact of those on a company's performance to produce its brand strength rating.Despite falling 1.1% year on year, Rio's score of 71.8 beat BHP's 71 after the latter registered a 2.5% drop versus 2018. Vale came third with a score of 66.2, down 5.2%."As with the majority of brands in the ranking, Rio Tinto has dropped in brand...Read More