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
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Tucker, who called gold's rise to US$1,500 well before it happened, also discusses why he thinks the metal will pass its old high this year.Read full newsRead More
CEO says world's second biggest miner could see 'zero net debt' by end of year if gold rally continuesRead full newsRead More
CEO says world's second biggest miner could see 'zero net debt' by end of year if gold rally continuesRead full newsRead More
And as stocks rebound - for no reason whatsoever - copper continues to fall...Read full newsRead More
Copper, often a barometer of global growth, fell 1.5% to settle at $2.684 a pound.Read full newsRead More
Copper, often a barometer of global growth, fell 1.5% to settle at $2.684 a pound.Read full newsRead More
VANCOUVER, British Columbia, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. ("Ceylon Graphite" or the "Company") (TSX-V: CYL) (OTC...Read full newsRead More
Panic over the coronavirus has cooled off todayAfter its worst session since October yesterday, the Dow staged a furious comeback today -- adding over 180 points -- as investor panic over the coronavirus cooled off. The blue-chip index snapped a five-day losing streak in the process, as Wall Street unpacked the latest economic data and corporate reports. The S&P 500 and Nasdaq both finished confid...Read More
Jan 27, 2020 (GoldStocks.com via COMTEX) -- Over the course of 2019, the rally in gold stocks was one of the most remarkable events. It saw the price of the...Read full newsRead More
Northstar Gold Corp. (CSE:NSG) provides the following Miller Gold Property exploration update.Read full newsRead More
Precipitate is pleased to announce it has facilitated the sale of 4.5 million common shares of the Company previously registered to Everton Resources.Read full newsRead More
CIEN stock has been moving higher in recent monthsNetworking specialist Ciena Corporation (NYSE:CIEN) seems to be setting up nicely for bulls. The shares just spiked to the upside from a recent consolidation pattern stemming from a December earnings breakout, hinting the stock is prepared for another move higher. With the previously resistant 30-day moving average still playing catch-up, the upsid...Read More
Stocks are continuing their recovery from yesterday's massive sell-off The Dow Jones Industrial Average (DJI) has extended its rebound at the halfway mark, adding over 200 points, as investors attempt to recover from yesterday's steep sell-off. The blue-chip index is getting a boost from Apple, which is surging midday despite news that the coronavirus could slow iPhone production. The S&P 500 Ind...Read More
XRT is currently trading above all major moving averagesOver the last few weeks in this space, we have taken a hard look at retail giant Walmart (WMT) and the chart levels traders should be watching. This week we're not venturing too far from this, taking a closer look at the retail sector as a whole, since we're not only coming off the holiday season, but some surprising trends in the space have...Read More
GE's 50-day moving average has emerged as support in 2020Lost in the panic over the spreading coronavirus, there's a full slate of earnings for investors to unpack this week. One notable name on deck is former blue chip General Electric Company (NYSE:GE), which is set to report fourth-quarter earnings before the open tomorrow, Jan. 29. Ahead of the event, we broke down recent options activity sur...Read More
Both stocks have been strong in recent monthsTwo names enjoying bullish attention this morning are video game stocks Activision Blizzard, Inc. (NASDAQ:ATVI) and Electronic Arts Inc (NASDAQ:EA). Both saw their price targets raised at Piper Sandler, helping lift ATVI and EA shares this morning.Call of Duty maker ATVI's price target was increased to $69 from $62, pricing in more than 17% upside from...Read More
Eight straight down days drops copper 10.2% to more than 3-month low as China struggles to contain coronavirus outbreak.Read full newsRead More
DLPH is on track for its best day everAt the top of the New York Stock Exchange this morning is Delphi Technologies PLC (NYSE:DLPH), up a whopping 63.3% to trade at $16, on track for its best day ever by a wide margin. This comes after the U.K.-based auto parts manufacturer was bought out by rival U.S. auto parts maker BorgWarner (BWA) in an all-stock deal valued at $3.3 billion in enterprise valu...Read More