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
Galway Metals Inc. is pleased to report assay results from drilling south of the Richard Zone in that area, and between the Richard and Jubilee Zones.Read full newsRead More
Indonesia's coordinating minister overseeing maritime resources and investm...Read full newsRead More
Northstar Gold Corp. (CSE:NSG) announces that diamond drilling has commenced at the Company's 100%-owned Miller Gold Property.Read full newsRead More
DVA shares have broken out of a series of lower highsHealthcare stock DaVita Inc (NYSE:DVA) has recently pulled back after hitting record highs and reporting strong quarterly results. On a longer-term basis, the shares seem to have broken out of a series of lower highs in place since 2015, hinting that more upside is possible going forward. There's plenty of bearish bias that could unwind around D...Read More
QMX Gold has entered into an agreement with a syndicate of underwriters co-led by Canaccord Genuity Corp. and Mackie Research Capital Corporation.Read full newsRead More
Expedia just laid off 12% of its workforce Online travel specialist Expedia Group Inc (NASDAQ:EXPE) is gapping lower today on news that the company plans on cutting 3,000 jobs -- 12% of its workforce -- in an effort to streamline its business. This comes right on the heels of the company's decision to forgo a full-year forecast amid the growing coronavirus uncertainty. EXPE is now trading back bel...Read More
Nexus Gold Corp. is pleased to update shareholders on the upcoming drill campaign at the 100%-owned McKenzie Gold Project, located in Red Lake, Ontario.Read full newsRead More
Amex Exploration Inc. is very pleased to announce that it has added a 4th drill rig to its 100% owned Perron gold property located Northwestern Quebec.Read full newsRead More
Anxieties over the spread of the coronavirus from Italy to the U.S. are high The Dow Jones Industrial Average (DJI) this morning was on pace to recoup some of its massive 1,031-point sell-off on Monday, but has since turned lower around midday, brushing off a post-earnings pop from Home Depot (HD). Despite thisrebound attempt, coronavirus anxiety is still high, with investors fretting over a possi...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report chemical assays from two drill holes that intersected strong radioactivity early in the winter drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of S...Read More
HD is enjoying a morning lift after earningsShares of retailer Home Depot Inc (NYSE:HD) are up 1.8% this morning, last seen at $244.34, following the company's upbeat quarterly report. The Lowe's (LOW) rival reported earnings of $2.28 per share for the fourth quarter, higher than the anticipated $2.10 per share. The home improvement giant also reported better-than-expected sales of $25.78 bill...Read More
MRNA calls are all the rage latelyModerna Inc. (NASDAQ:MRNA) shares are surging 11.21% to trade at $20.54 this morning, as the company delivers its experimental coronavirus vaccine to the United States for human testing. Given the fact that the infection appears to be leading the charge in the sharp stock market drop, the vaccine is a welcome response to the spreading threat.Moderna stock has reli...Read More
The homebuilding stock is now up 20% year-to-dateThe shares of Toll Brothers Inc (NYSE:TOL) are down 0.1% to trade at $46.90 this morning, despite a bull note from SunTrust Robinson. The brokerage firm hiked its price target to $47 from $37, in line with the homebuilding stock's closing perch yesterday of $46.98.Homebuilding stocks like Toll Brothers were one of the strongest groups in 2019, and...Read More
Rockfire Resources (LSE: ROCK) chief executive David Price has hailed a set of " extremely positive " results from its drilling in north Queensland, Austra...Read full newsRead More
GE is up nearly 15% year-over-yearBoston-based General Electric Company (NYSE:GE) is enjoying a 1% lift this morning, last seen just shy of $12 after sharing its annual report. The report stated the conglomerateemployed a more consolidated 205,000 people, 70,000 of which were U.S.-based in 2019. This compares to 2018's count of 283,000. Yesterday GE was one of the many in the broad-market selloff...Read More
Mastercard's CEO Ajay Banga will resign, effective Jan. 1, 2021The shares of Mastercard Inc (NYSE:MA) are being dragged even further down the charts this morning following news of CEO Ajay Banga's resignation, at the start of 2021. Banga will be replaced by Chief Product Officer Michael Miebach. Also pressuring shares this morning is an updated current-quarter forecast from the company, predicting...Read More
Home Depot stock is pacing to open higher after earningsDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as U.S. stocks prepare to gain back some of Monday's monster losses, which sent the blue-chip index spiraling more than 1,000 points. While coronavirus headlines continue to swirl, traders this morning are also monitoring earnings updates, namely from Dow co...Read More
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Find thousands of coupons, promo codes and discounts. Plus get Cash Back savings with online rebates.Read full newsRead More
Shares in Firestone have plummeted from 56.5p in November 2016 to just 0.30p on Tuesday, as lower than expected diamond prices saw the company struggle to pay down debt.Read More