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

Options traders may be selling to open their calls todayOne stock bucking the broad market trend today is Beyond Meat Inc (NASDAQ:BYND), up 3.7% to trade at $120.50, although the catalyst is unknown. With the faux meat concern now up a whopping 61% in 2020, options traders are getting in on the action today. At last check, 47,000 calls have changed hands, 1.2 times the average intraday amount a...Read More

Apple's revenue warning is slamming the semiconductor spaceThe Dow Jones Industrial Average (DJI) is extending this morning's losses, and is now eyeing its third straight skid as Apple's (AAPL) coronavirus-related quarterly revenue warning continues to spook Wall Street. The tech-rich Nasdaq Composite Index (IXIC) is taking a hit, with the semiconductor sector badly shaken by Apple's announcem...Read More

This represents a 53% increase over the 65.4 million ounces recorded in 2018.Read full newsRead More

Production and unit costs at all its major assets are on track to achieve full-year guidance.Read full newsRead More

WMT is up 19% year-over-yearBlue chip Walmart Inc (NYSE:WMT) stepped into the earnings confessional this morning, and the results left a lot to be desired. The retail giant reported adjusted fourth-quarter earnings of $1.38 per share on $141.67 billion in revenue, both of which fell short of estimates. Walmart's full-year forecast also missed the mark, citing an upcoming stagnation of e-commerce...Read More

Tesla is in advanced stages of talks to use batteries from CATL that...Read full newsRead More

Disappointing earnings are shattering MDT todayMedical equipment name Medtronic PLC (NYSE:MDT) is moving lower this morning, suffering on the heels of a disappointing third-quarter revenue in response to the heightened impact of the coronavirus. Outbreak-based headwinds is nothing new for stocks, as just this morning Apple (AAPL) sent the Dow spiraling on its own revenue warning. In response, MDT...Read More

Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), a North American leader in plant-based food packaging and products, has today announced that Beacon Securities has initiated analyst coverage on the Company.The research coverage on good natured (R) is prepared by an analyst at Beacon Securities and represents the views of the analyst. good natured (R) is...Read More

Keybanc downgraded Tencent to "sector weight" from "overweight"The shares of China-based streaming specialist Tencent Music Entertainment Group (NYSE:TME) are down 3% to trade at $12.75 following a downgrade from Keybanc to "sector weight" from "overweight." The analyst pointed to regulatory headwinds surrounding its lucky draw feature, and ongoing competition from the short video sector. The bea...Read More

Fellow blue chip Walmart is also adding to the bearish backdropU.S. stock futures are signaling a lower open, as traders digest an underwhelming earnings report out of Walmart (WMT), and news from Apple (AAPL) that coronavirus headwinds will cause its second-quarter revenue to come in lower than expected. This latter update is set to weigh on the broader technology sector, with chip stocks in part...Read More

Portfolio insurance through options could help during market confusionThe last time I wrote in this space, I mentioned we could see a buyable pullback, and we got such a pullback a week later after January OPEX. If you remember, I mentioned there was a considerable gap between implied volatility and historical volatility spread, which is usually a precursor to volatility events. But it can be extr...Read More

"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards decarbonisation and we've been active advocates for this andRead More

(IDEX Online) - TRIGEM has opened a Belgian-certified independent boiling facility in Dubai in partnership with Charlotte Quality Boiling Belgium. The new facility can boil 1.4 million carats of rough and polished diamonds each month using the exclusive Antwerp Charlotte Boil chemical formula.TRIGEM's Charlotte Boiling facility is located in the Jewellery and Gemplex Building, in Jumeirah Lak...Read More

(IDEX Online) - Coronavirus is being blamed for a sharp decline in imports to the U.S. Overall volumes of shipping containers entering the country will be down 3.8 percent in January and 12.9 percent in February (year-on-year), according to estimates by Global Port Tracker, which forecasts container trends.March is set to be down 9.5 percent, it says, in a report released by the National Retail Fe...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 financeSPONSOREDminexiaThe government, which owns 34% of the giant copper-gold mine, had cancelled an earlier power agreement, with the parties then agreeing a bind...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 financeSPONSOREDminexia"We have been very thoughtful and deliberate about the construct of our portfolio over many years now clearly the world trend is towards deca...Read More

Look beyond market approach to project valuations: van ZylLeadershipCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesOn a headline basis, underlying net profit after tax fell year-on-year from A$228 million to $164 million, though ope...Read More

Orocobre (TSX: ORL; ASX: ORL) owns 34.7% of Advantage Lithium's (TSXV: AAL; US-OTC: AVLIF) common shares, and the two companies are joint-venture partners on Advantage Lithium's Cauchari lithium project in northern Argentina's Jujuy province.Orocobre owns 25% of the Cauchari project and Advantage Lithium 75%, and the lithium project is just 20 km south of Orocobre's Olaroz lithium facility, which...Read More

Silver prices rose 30% from US$15.25 per oz. at the end of June 2019 to as high as US$19.75 per oz. by Sept. 4. The most important aspect of this was that the move was based on very little investment demand for physical silver.Traditionally, investors buying physical silver has been the single most important driver of silver prices. When investors were buying very little, or were actually net sell...Read More

This episode features excerpts from the Barrick Gold and Freeport-McMoRan conference calls. Barrick Gold CEO Mark Bristow discusses the focus on ESG as a 'strategic imperative', the company outlook, the dividend, and the gold market. Freeport-McMoRan CEO Richard C. Adkerson discusses the company's focus on ESG and safety, the copper market, and the latest news from its massive Grasberg project in...Read More