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
January 27, 2020 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / January 27, 2020 / First Mining Gold Corp. (Read full newsRead More
To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More
To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More
A new development at Greenlane Renewables has Beacon Securities analyst Ahmad Shaathy raising his price target on the stock.Read full newsRead More
Thor Mining (LSE:THR) took a significant step forward at its Bonya project in the Northern Territory of Australia on Thursday, establishing maiden mineral...Read full newsRead More
AAPL and BA were two big earnings winners todayThe Dow scraped together another win today, propped up by post-earnings surges from blue chips Apple (AAPL) and Boeing (BA). The blue-chip index was up more than 220 points at its session highs, but pared away most of its gains in the final hour. Elsewhere, the Federal Open Market Committee (FOMC) wrapped up its January meeting by keeping the benchma...Read More
January 27, 2020 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / January 27, 2020 / First Mining Gold Corp. (Read full newsRead More
Barrick Gold will start to ship gold worth up to $280 million from Tanzania, chi...Read full newsRead More
Freeport-McMoran Inc , the world's largest publicly traded copper producer,...Read full newsRead More
Freeport-McMoran Inc , the world's largest publicly traded copper producer,...Read full newsRead More
Freeport-McMoran Inc , the world's largest publicly traded copper producer,...Read full newsRead More
Booking stock looks like a great pick for bulls next monthThe month of January is coming to an end, and its no secret that the start to 2020 has already been a wild ride for stocks. Looking ahead to February, the shortest month of the year still comes with its own notable winners and losers, and below, we will take a look at the former, guiding you toward 25 S&P 500 Index (SPX) stocks that have hi...Read More
Cree is expected to report earnings after the close tonight Semiconductor concern Cree, Inc. (NASDAQ:CREE) is part of the sector-wide slide happening today, after several chip stocks posted disappointing quarterly reports. At last check, CREE was down 0.9% to trade at $51.85, after running into a recent ceiling at the 200-day moving average earlier today. This comes just ahead of its own quarterly...Read More
MGM is typically one of the worst performers in FebruaryCasino stocks have taken a hit recently, as the coronavirus outbreak disrupts Macau's gambling operations. While MGM Resorts International (NYSE:MGM) is up 1.9% to trade at $31.56 today, things won't get easier for the casino stock in February. That's because MGM showed up on a list of the worst S&P 500 stocks to own in February over the pa...Read More
Apple and Boeing are continuing to prop up the Dow midday, as the former snaps up a brand-new highThe Dow Jones Industrial Average (DJI) is holding steady on its morning gains, with a more than 100-point pop at the midway mark, as blue chips Apple (AAPL) and Boeing (BA) continue to prop up the index, with the iPhone manufacturer hitting an all-time high. Meanwhile, the S&P 500 Index (SPX) and th...Read More
AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More
AMD was overdue for bull notes anywayChip name Advanced Micro Devices, Inc. (NASDAQ:AMD) took its turn in the earnings confessional this morning, and the results were all over the place. The company reported adjusted fourth-quarter earnings of 32 cents per share on $2.13 billion in revenue, both of which topped analyst estimates. However, AMD's revenue forecast for the first quarter came in well...Read More
From the many hundreds of listed small cap explorers, barely a handful will become long-term success stories. But pick the right one as an investor and gains can be monumental. Like mid-tier gold miner Northern Star (ASX:NST), which has grown from a $5m market cap wannabe to $9 billion mid-tier gold miner. That's a gain ...Read full newsRead More
Amazon stock recently pulled back to its 50-day trendlineFAANG name Amazon.com, Inc. (NASDAQ:AMZN) is up 0.6% this morning at $1,863.38 after receiving a double dose of price-target hikes out of BMO and Deutsche Bank. The brokerage firms raised to $2,150 and $2,275, respectively, the latter of which represents a nearly 23% upside to last night's close of $1,853.25. This bullish sentiment is the no...Read More
A Wall Street Journal report said L Brands' CEO is considering a full or partial sale of its Victoria's Secret unit The shares of L Brands Inc (NYSE:LB) are eyeing their biggest one-day percentage in nearly 10 months, up 12.1% and trading at $23.05, after the Wall Street Journal reported that CEO Leslie Wexner is not only exploring a full or partial sale of the company's struggling lingerie unit V...Read More