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

"California is no longer a strategic consideration. It's a tactical consideration,'' said strategist Mike Madrid.Read full newsRead More

One needs to keep on booking profit as long as gold does not break $1633.80 and silver does not break $1882.90. There is a big technical resistance between $1633.80-$1648.50 and $1663.30. For gold to rise to $1900-$2000 for the rest of the year, it has to break and trade over $1633.80-$1648.50-$1663.30 zone. Why am writing this? This is always a slip between the cup and the lip. The Lip here is...Read More

One needs to keep on booking profit as long as gold does not break $1633.80 and silver does not break $1882.90. There is a big technical resistance between $1633.80-$1648.50 and $1663.30. For gold to rise to $1900-$2000 for the rest of the year, it has to break and trade over $1633.80-$1648.50-$1663.30 zone. Why am writing this? This is always a slip between the cup and the lip. The Lip here is...Read More

CANEX Metals Inc. announces results for 41 rock samples and 15 reconnaissance soil samples from their Gold Range Property.Read full newsRead More

Lingering COVID-19 fears may have triggered the midday sell-off on Wall StreetThe Dow finished with a triple-digit loss today, its third-straight day moving at least 100 points, regardless of direction. The blue-chip index was down by almost 400 points at its session lows, hit by a sudden midday sell-off potentially triggered by lingered COVID-19 concerns. The S&P 500 and Nasdaq also closed in th...Read More

Blue Thunder Mining Inc. (TSXV:BLUE) is pleased to announce that it has signed a Letter of Intent (Read full newsRead More

The shares of Avis Budget Group are trading near two-year highs after a fourth-quarter earnings beatRental car specialist Avis Budget Group Inc. (NASDAQ:CAR) entered the earnings confessional last night after the close with impressive results. Specifically, the firm posted fourth-quarter profits of $1.90 per share and a jump in revenue to a record $2.2 billion, both of which beat out analysts' es...Read More

LL shares are spiking todayLumber Liquidators Holdings Inc (NYSE:LL) is in focus today, with the stock last seen trading 27% higher at $10.38, fueled by online speculation that the shares could keep rocketing higher. This price action has LL pacing for its first close atop the 200-day moving average since mid-December, and options activity is through the roof in the meantime. So far today, roughl...Read More

Earnings season will end with a bang, as several retailers to report The final week of February will be a busy one. Investors will be sifting through a deluge of economic data, while earnings season is set to go out with a bang. In the forefront will be gross domestic product data for the fourth quarter, as well as a slew of home sales figures and consumer spending. As for earnings, the single blu...Read More

MGM has had a difficult start to FebruaryMere days off news its CEO Jim Murren has stepped down, MGM Resorts International (NYSE:MGM) is now buzzing after revealing it fell victim to a data breach in 2019. Reportedly the information of 10.6 million guests was compromised, though major financial systems were not affected. In response, MGM is down 0.2% at $32.11, at last check. MGM Resorts stock h...Read More

Global Energy Metals (TSX-V:GEMC) has unveiled plans to develop its nickel/cobalt projects near Tesla's Gigafactory in Nevada. The firm hopes to complete a...Read full newsRead More

Global Energy Metals (TSX-V:GEMC) has unveiled plans to develop its nickel/cobalt projects near Tesla's Gigafactory in Nevada. The firm hopes to complete a...Read full newsRead More

Stocks are suddenly pulling back sharply at middayStocks are suddenly selling off sharply at midday, with the Dow Jones Industrial Average (DJI) down almost 300 points at last check. The losses are just as deep for the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), while gold prices surge to fresh highs amid the risk-off trading. At last check, April-dated gold futures were trading up 0.8% at...Read More

Options traders have been focused on calls for a whileRenewable resource stock Plug Power Inc (NASDAQ:PLUG) is having a resurgent start to 2020, up 72.8% year-to-date. PLUG is 3.4% higher today too, last seen at $5.85, and options traders are piling on the penny stock with an emphasis on calls. At last check, 62,000 calls have changed hands, 10 times the average intraday amount and nearly seven t...Read More

ECR Minerals (LSE:ECR) is reviewing commercial options for its gold projects across Victoria, Australia, after receiving third party interest. In a wider u...Read full newsRead More

ETFC has already had a volatile run over the past 12 monthsShares of E-Trade Financial Corp (NASDAQ:ETFC) are surging this morning, last seen up 24.7% at $56.04, earlier off an annual high of $56.30, after news it has accepted a buyout offer from Morgan Stanley (MS), for $13 billion in stock. The purchase will allow Morgan Stanley to build on its wealth management sector through the addition of E...Read More

DPZ hit a new record high right out of the gateA big earnings winner this morning is Domino's Pizza, Inc. (NYSE:DPZ). The restaurant company reported adjusted fourth-quarter earnings of $3.13 per share on $1.15 billion in revenue, both of whichtopped analyst expectations. Same-store sales also roared past estimates, and the company attributed faster delivery and new promotions as catalysts behind...Read More

L Brands will sell its lingerie unit to Sycamore Partners After months of speculation surrounding L Brands Inc (NYSE:LB) and speculation that it wanted to sell its struggling subsidiary Victoria's Secret, it appears that the rumors were true. It was announced this morning that the firm will be selling a controlling stake in the lingerie brand to Sycamore Partners for $525 million. Additionally, L...Read More

Traders have economic data to sift through this morningU.S. stock futures are pointing to a lower open, with earnings and economic data in focus. Weekly jobless claims showed 210,000 Americans filed for unemployment benefits in the past week, matching expectations, and thePhilly Fed manufacturing index rose to a three-year high in February. Still, the Dow Jones Industrial Average (DJI) looks set f...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaHot Chili managing director Christian Easterday believes Cortadera is well on its way to being a tier-one copper deposit, with copper-equival...Read More