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
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Gold broke past $1600 after World Health Organization had cautioned there was not yet enough data to know if the epidemic had slowed. World Health Organization (WHO) Director-General said Chinese data "appears to show a decline in new cases" but any apparent trend "must be interpreted very cautiously." Russia said it will suspend entry of many Chinese citizens. Corporate profitability will be af...Read More
Gold broke past $1600 after World Health Organization had cautioned there was not yet enough data to know if the epidemic had slowed. World Health Organization (WHO) Director-General said Chinese data "appears to show a decline in new cases" but any apparent trend "must be interpreted very cautiously." Russia said it will suspend entry of many Chinese citizens. Corporate profitability will be af...Read More
Three of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group, are approaching a tipping point which could see sharp share-price corrections as an era of rising profits and generous dividends comes to an end.Read full newsRead More
Three of the world's biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group, are approaching a tipping point which could see sharp share-price corrections as an era of rising profits and generous dividends comes to an end.Read full newsRead More
Commander Resources Ltd. reports results from a 70 line kilometre Induced Polarization survey completed at the Company's Pedro Gold project.Read full newsRead More
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Gold futures logged their fifth straight gainThe Dow bounced back with a triple-digit win today, snapping a three-day losing streak in the process. The blue-chip index was propped up by a recovery from Apple (AAPL), while the number of newly confirmed coronavirus cases came in at their lowest level since January. In addition, China's Ministry of Industry and Information Technology said it would be...Read More
The price of gold broke past US$1,600 per ounce on Monday as businesses continued to be impacted by COVID-19.Read full newsRead More
When it comes to Saturday night's big fight, it will just be Tyson Fury in the ring. The pressure, the adrenalin, the expectation; it will...Read full newsRead More
SEDG and SPWR stocks are making double-digit percentage movesA number of solar stocks are moving higher today, and options traders are moving in. Starting with Canadian Solar Inc. (NASDAQ:CSIQ), the stock is trading up 5.5% at $24.80, trading at its highest point in almost a year following news the company is selling a plant in Japan for $205 million, and calls are crossing at 19 times the pace e...Read More
OLED earnings are due out tomorrow eveningApple (AAPL) supplier Universal Display Corporation (NASDAQ:OLED) is enjoying a modest 0.3% lift this afternoon, last seen at $178.31 as Wall Street gears up for the company's fourth-quarter report. Slated for after the close tomorrow, Feb. 20, below we will dive into what the options market is pricing in the for the stock's post-earnings moves, and see h...Read More
BLUE has shed 40% over the past 12 monthsGene therapy developer bluebird bio Inc (NASDAQ:BLUE) is down 9% at $80.64 in afternoon trading, sinking after weak fourth-quarter results and news its blood disorder therapy drug Zynteglo application was pushed back to the second-half of the year. Analysts have been far from happy with the news, BMO Capital saying the delay could send approval up to mid-2...Read More
Tesla and Apple are back in the spotlight todayThe S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) both hit record highs by midday, propped up mostly by a recovering tech sector. Specifically, Apple (AAPL) made a rebound after yesterday's steep sell-off, while Tesla (TSLA) climbed even higher on a price-target hike from Piper Sandler. Meanwhile, Apple's rebound is boosting the Dow Jones...Read More
ROKU options can be had for a bargain at the momentStreaming name Roku Inc (NASDAQ:ROKU) had a rough go of it in the earnings confessional earlier this month, shedding 6.3% the day after the report. However, that pullback could have bullish implications if history is any guide, as data from Schaeffer's Senior Quantitative Analyst Rocky White suggests the stock may be flashing a buy signal as it n...Read More
Options traders preferred puts on LCLendingClub Corporation (NYSE:LC) is trading down 8.1% at $12.10, following the company's quarterly earnings release and news it's buying Radius Bank in a cash-and-stock deal valued at $185 million. LC shares have been trending lower over the past year, and the 200-day moving average has acted as stiff resistance over that time. Options traders seem to be in goo...Read More
A rebound in Apple shares could help the major indexes bounce back todayU.S. stock futures are trading above fair value this morning, as the Dow Jones Industrial Average (DJI) looks to snap its three-day losing streak. Traders so far are monitoring the release of the producer price index (PPI) for January, which increased more than expected for the month. Later on, investors will be met with the F...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report assays from the first drill hole of the winter program at the Hurricane zone. Discovered in 2018, Hurricane is a zone of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Drill hole LE20-30 in...Read More