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
The city has one of the country's most vibrant economies, having successfully transitioned from a predominantly resource-based economy to a diverse knowledge-based one, and in recent years has beenRead More
Jan 19, 2020 (GoldStocks.com via COMTEX) -- After last week's trading activity, some gold stocks are gaining more attention. Bit it's not just based on the...Read full newsRead More
The IMF now sees growth at 3.3% this year, down from 3.4% and also cut the 2021 forecast to 3.4% from 3.6%. Yet it still lifted the outlook for China to 6%. Slower growth rates imply lower interest rates. Low interest rates along with high inflation will result in continued rise on gold investment demand for the rest of the year. If gold price rise sharply and silver lags, then retail investor...Read More
The IMF now sees growth at 3.3% this year, down from 3.4% and also cut the 2021 forecast to 3.4% from 3.6%. Yet it still lifted the outlook for China to 6%. Slower growth rates imply lower interest rates. Low interest rates along with high inflation will result in continued rise on gold investment demand for the rest of the year. If gold price rise sharply and silver lags, then retail investor...Read More
If you've decided to invest in gold for retirement, you'll want to do your research. Here are three ways to get started.Read full newsRead More
Not for dissemination in the United States or through U.S. newswiresVANCOUVER, British Columbia, Dec.27, 2018(GLOBE NEWSWIRE) -- Auramex Resource...Read full newsRead More
The CDC reported the first U.S. case of the coronavirus earlierThe Dow finished lower by triple digits today and snapped a five-day winning streak in the process. The blue-chip index was down more than 200 points at its session low, after the Centers for Disease Control and Prevention (CDC) reported the first U.S. case of the coronavirus that's killed at least six people in China. Boeing (BA) als...Read More
Bullfrog Gold Corp (CSE:BFG, OTCQB:BFGC, FSE:11B) is pleased to announce the closing of a non-brokered private placement financing.Read full newsRead More
Silver Spruce Resources Inc., further to its news release dated Nov. 29, 2019, announcing the termination of the Cocula project, is seeking the approval of the TSX Venture Exchange to an amendment dated Sept. 10, 2019, to the letter of agreement dated July 13, 2019, with ProDeMin SA de CV. Under the terms of theRead full newsRead More
FireFox Gold Corp. is pleased to report that it has completed a three-hole at the Utsamo Target area within its 100% owned Jeesi?? Gold Project.Read full newsRead More
The Resolute Mining Limited (ASX:RSG) share price is pushing higher on Monday after providing an update on its gold hedging strategy... The post Resolute Mining share price higher after gold hedge update appeared first on Motley Fool Australia.Read full newsRead More
Jan 19, 2020 (GoldStocks.com via COMTEX) -- After last week's trading activity, some gold stocks are gaining more attention. Bit it's not just based on the...Read full newsRead More
The commodities stock is at a four-year lowDomestic steel stocks are getting hammered today, and that has meant a new nearly four-year low of $9.81 for United States Steel Corporation (NYSE:X), the shares last seen 6.5% lower on the day. They've broken below a long-time floor at the $10 level, but some options traders may be betting X can reclaim double-digit territory soon.For instance, call vo...Read More
Talisker Resources Ltd. announces that it has changed its auditors from BDO Canada LLP to PricewaterhouseCoopers LLP.Read full newsRead More
Halliburton posted fourth-quarter earnings and revenue that exceeded analysts' estimatesOil producer Halliburton Company (NYSE:HAL) stepped into the earnings confessional this morning to report adjusted fourth-quarter earnings of 32 cents per share on$5.19 billion in revenue -- both of which beat analysts' estimates. The firm cited increased activity globally, specifically in the Middle East, Asia...Read More
STM has blazed a path higher over the past five monthsThe U.S. stock market ended 2019 on a high note, thanks in part to strength in technology stocks. The semiconductor sector, in particular, helped lead the Nasdaq Composite (IXIC) to its largest annual return since 2013, with the tech-rich index gaining 35.2% last year. One name from this group caught our attention this week -- Swiss chipmaker S...Read More
Tilray was nearing overbought territory heading into todayThe last time we checked in with Tilray Inc (NASDAQ:TLRY), it was New Years Eve, and options traders were blasting the weed stock's recent bottom. Fast forward three weeks, and TLRY has rallied into a trendline that has historically bearish implications for the next month. More specifically, Tilray stock is trading within one standard dev...Read More
The U.S.-China trade agreement and the coronavirus are in focus todayThe Dow Jones Industrial Average (DJI) is looking to snap its five-day win streak today as Wall Street continues to keep an eye on the coronavirus outbreak in China that has already claimed four lives. The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are cooling off from last week's all-time highs, as well. Meanwhile, pipe...Read More
AMD has been a long-term outperformer Chip name Advanced Micro Devices, Inc. (NASDAQ:AMD) is up 1.2% and fresh off a record high of $51.81 this morning, surging after receiving two analyst bull notes. Deutsche Bank hiked its price target to $40 from $29, while Northland Capital Markets raised to $42. The catalysts are unclear, but the double dose of optimism has AMD pacing toward a fourth straigh...Read More
Short interest on COST is at the highest point since MarchThe shares of Costco Wholesale Corporation (NASDAQ:COST) have jumped 2.1% out of the gate to trade at $310.92, after Oppenheimer upgraded the retail stock to "outperform" from "perform," while lifting its price target to $335 from $300. The brokerage firm wrote about the equity's attractive valuation, while mentioning the company's improvin...Read More