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 financeSPONSOREDminexiaViews of global economic activity are in transition after all major economic regions and country groupings appear to have experienced slower...Read More

"The board completed a thoughtful and robust process and we believe Peter's 30-plus years of mining industry leadership, together with his admirable performance while serving in the CEO role on an interim basis, make him the right choice to lead Hudbay," chairman Stephen Lang said. Lang himself was appointed as Hudbay's chairman in October, replacing Alan Hibben as agreed under a settlement w...Read More

"If you can't beat 'em, join 'em..."This tired phrase is very simple in theory, yet applies to so many complicated things - investing included.We've all seen it play out before in our own lives: somebody less capable somehow manages to outdo us. It's maddening and could make you wonder why you even bother trying at all. "What are they doing that I'm not!" you may scream into your pillow on especia...Read More

Steppe Gold is the first company ever to receive funding from the Mongolian National Investment Fund PIF SPV.Read full newsRead More

Deep-South Resources Inc. announces closure of its second tranche, totaling $319,000 of its current private placement.Read full newsRead More

Industrial metals will be impacted more by the Corona Virus in China. Silver can also be impacted. Industrial metals can sell off and test 2019 lows and even fall below 2019's low if China's Corona Virus becomes an epidemic. Too early to comment. A few hundred people getting diseased by the virus is not an epidemic in the world's populous nation. The next three weeks will be crucial. Chinese int...Read More

Industrial metals will be impacted more by the Corona Virus in China. Silver can also be impacted. Industrial metals can sell off and test 2019 lows and even fall below 2019's low if China's Corona Virus becomes an epidemic. Too early to comment. A few hundred people getting diseased by the virus is not an epidemic in the world's populous nation. The next three weeks will be crucial. Chinese int...Read More

Adamera Minerals announces it has entered into an option / joint venture agreement with Hochschild Mining (US) Inc. on its Cooke Mountain gold project.Read full newsRead More

IBM led the latest round of upbeat earnings reportsThe Dow finished lower today despite strong IBM (IBM) earnings, erasing its earlier gains in the final hour of trading on a down day for Boeing (BA). The S&P 500 and Nasdaq closed in the black and nabbed new record highs, thanks to strength in the semiconductor sector. Investors also monitored updates on the coronavirus outbreak, after President...Read More

Tesla is now bigger than Volkswagen, the world's largest automaker. It is now also bigger than GM ($50BN) and BMW ($51BN) combined, and is almost 3 times bigger than Ford ($36.5BN).Read full newsRead More

INTC has tacked on 29% over the past 12 monthsJoining the busy earnings slate this week is Dow name Intel Corporation (NASDAQ:INTC). The company is scheduled to report after the close tomorrow, Jan. 23. Below we will take a look at how INTC has been faring on the charts, and what the options market is pricing in for post-earnings moves. At last check, the equity is up 3% at $62.28, and earlier tou...Read More

ABT call open interest is only in the 6th annual percentileAbbott Laboratories (NYSE:ABT) is in the winner's circle once again today thanks to the company's impressive quarterly sales update. The healthcare stock was last seen 2.8% higher at $92.21, earlier tagging an all-time high of $92.45, and options traders are moving in.Overall, calls are crossing at four times the expected rate, outpacing p...Read More

Adamera Minerals announces it has entered into an option / joint venture agreement with Hochschild Mining (US) Inc. on its Cooke Mountain gold project.Read full newsRead More

The Chinese stock is headed toward its fourth straight lossIt's been a rough stretch for Momo Inc (NASDAQ:MOMO), with shares of the Beijing-based social media name pacing toward a fourth straight loss. This downside comes amid headwinds for Chinese stocks, which have struggled this week on fears of a coronavirus outbreak. Today, MOMO stock is down 8% at $32.96, breaching support atop its 200-day m...Read More

Tech stocks are leading the charge after a positive reaction to IBM earningsThe Dow Jones Industrial Average (DJI) is trading higher today, as traders brush off worries over the coronavirus outbreak, and turn their attention to fourth-quarter earnings season. A positive reaction for big-cap tech name IBM (IBM) is helping boost the Dow, while fellow blue chip Intel (INTC) is hitting new highs ahea...Read More

UNH has been on a sharp uptrendThe shares of insurance giant UnitedHealth Group Inc (NYSE:UNH) appear to be setting up nicely for an upside move. The stock is carving out a bullish flag pattern, suggesting it's in good shape to add to its three-month rally of roughly 22%. Plus, there's currently familiar support in play from the 40-day moving average, which has been bullish for the shares in the p...Read More

Ariana Resources (LSE:AAU) climbed to a multi-month high of 2.95p a share on Wednesday morning after locating several high-grade gold zones at its Tavsan p...Read full newsRead More

NPTN was upgraded to "buy" this morningNeoPhotonics Corp (NYSE:NPTN) shares are rallying this morning, last seen 8.9% higher at $9.34, thanks to an upgrade out of Needham. The brokerage firm upgraded its view on the transmitter producer to "buy" from "hold," and set an $11 price target, saying among other things that the rollout of 5G technology could help the company this year.Options activity ha...Read More

Calls are tremendously popular todayAs the coronavirus spreads from Asia to the U.S., putting the world on high alert, help could soon be on the way. Biopharmaceutical name Moderna Inc (NASDAQ:MRNA) confirmed this morning that it was working with national agencies on developing a potential vaccineto the infection. Moderna -- which is also developing vaccines for the Zika virus and herpes -- will...Read More

The blue chip has added 15% over the past 12 monthsBlue chip Johnson & Johnson (NYSE:JNJ) is fresh off an earnings blunder, down 1.7% this morning, last seen at $146.70. The company reported adjusted fourth-quarter earnings of $1.88 per share, but missed revenue estimates and forecast a weak full-year profit, triggering today's drop-off. Long term the equity has been climbing, up nearly 16% from...Read More