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
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 financeSPONSOREDminexiaWhile the pace was certainly lively and the stamina of certain press members truly remarkable, the buzz around the city was more than enough...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 financeSPONSOREDminexiaLast week's ‘From the Capital' column recounted efforts by Tom Palmer, the head of leading gold miner Newmont Corporation, to broaden t...Read More
WoodMac's best case scenario is that demand from this sector would be delayed to later this year. "As a result, we believe that there is now a significant downside risk to our forecast of 0.Read More
CAPE TOWN – Angolan State-owned diamond mining company Endiama plans to sell as much as 30% of its shares in an initial public offering in 2022.The sale is part of a government plan to increase transparency in the diamond sector and bolster production, chairperson Jose Manuel Ganga Junior said in an interview in Cape Town. Angola is the world’s seventh-biggest diamond producer.Advertis...Read More
$5.7 billion...That's how much money Tesla (NASDAQ: TSLA) short sellers lost in just two days.To put that in perspective, that is more money than the Dallas Cowboys - America's most valuable sports team - are worth.On Monday, people betting against the electric car giant lost $3.1 billion. That same day, Elon Musk, the charismatic CEO of the company, made himself $4.4 billion.Tuesday was like a la...Read More
Adamera Minerals (TSXV:ADZ, OTC:DDNFF) Begins 2020 with Renewed OptimismRead full newsRead More
BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More
BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More
Starcore International Mines announces start of surface exploration drilling program of 3000m on the Santa Elena target in Quer?(C)taro MexicoRead full newsRead More
The Nasdaq hit a record high earlierU.S. stocks pulled together big wins across the board in today's trading. The Nasdaq nabbed an afternoon peak above 9,574, brushing off Tesla's (TSLA)worst daily loss since 2012. The Dow roared to an 483-point gain -- it's third straight win andbest single-session win since June 4 -- as blue chipsUnitedHealth (UNH) and IBM (IBM) both finished at or above 5% for...Read More
Burkina Faso's gold production probably fell slightly last year due partly ...Read full newsRead More
Short-term options players have been buying putsProduct developer Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is down 5% this afternoon, last seen at $120.50, after the company last night announced the departure of Senior Executive Dan Houser. This comes just ahead of the video game maker's fiscal third-quarter earnings, which are due after the close tomorrow, Feb. 6. TTWO has struggled to...Read More
Intercontinental Exchange is rumored to be interested in buying eBayExchange operator Intercontinental Exchange Inc (NYSE:ICE) was in focus this morning, after a Wall Street Journal report indicated the company made a $30 billion bid to acquire e-commerce icon eBay (EBAY). Earlier today, news surfaced Intercontinental did manage to acquire loyalty program provider Bridge2 Solutions. In response,...Read More
United Airlines just pulled back to a historically bullish signal on the charts United Airlines Holdings Inc (NASDAQ:UAL) has seen an impressive bounce off its late-January lows. The stock is eyeing its third consecutive win, and just successfully closed last month's bear gap. News that the company agreed to buy Westwind School of Aeronautics, making it the first and only major U.S. carrier to own...Read More
The Nasdaq has been waffling at the breakeven but eventually hit a new intraday high Stocks are making modest moves at midday. the Nasdaq Composite Index (IXIC) hit even more fresh highs, and while it has been waffling at both sides of the breakeven today, it was last seen in the black. The Dow Jones Industrial Average (DJI) issporting an almost 300-point gain, with it and the S&P 500 Index (S...Read More
PINS has added 18% in 2020Social media platform Pinterest Inc (NYSE:PINS) is moving lower this morning ,despite seeing an initiation of coverage from Loop Capital of a "buy" rating and $29 price target yesterday evening. The firm even went on to say PINS has "great potential as an advertising and eCommerce platform," and that it could be "very profitable." At last check, PINS was down 2.2% at to t...Read More
Both calls and puts are spiking in popularity todayThe shares of Spotify Technology SA (NYSE:SPOT) are in focus this morning, after the streaming service provider reported an adjusted fourth-quarter loss of $1.26 per share, which fell short of expectations. Spotify's first-quarter guidance missed estimates as well, but the company did announce the strategic acquisition of Bill Simmons' The Ringe...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM") today announced that it has signed commercial agreements to supply custom designed plant-based packaging with two US food producers who distribute throughout the United States. The Company estimates the agreements will deliver between $1.7 million to $2.0 million (Canadian dollars) in organic growth on an...Read More
Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has received a $600,000 purchase order for its 4G rugged PoC handset devices.Marc Seelenfreund, CEO of Siyata Mobile, commented, "This is an exciting win for Siyata as it demonstrates the strong continual market demand for our Push-to-Talk over Cellular (PoC) rugged handsets. Our r...Read More
Tesla's stock doubles year-to-dateRead full newsRead More