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

On the face of it, the so called trade US-China trade deal looks a sham just to fool the voters. US treasury secretary has said that trade tariff's with China will be there until the second phase of the trade agreement. Trump's biggest vote bank is farming states. Energy companies have a history of funding Republicans. Chinese will be buying very large quantities to American farm produce and Ame...Read More

On the face of it, the so called trade US-China trade deal looks a sham just to fool the voters. US treasury secretary has said that trade tariff's with China will be there until the second phase of the trade agreement. Trump's biggest vote bank is farming states. Energy companies have a history of funding Republicans. Chinese will be buying very large quantities to American farm produce and Ame...Read More

UnitedHealth (UNH) was a big post-earnings winner todayThe Dow locked up a solid win -- and fresh record intraday high -- after the U.S. and China made the "phase one" trade deal official. It was the blue-chip index's third straight win, with UnitedHealth (UNH) a big earnings winner today. The S&P 500 and Nasdaq both hit new record highs, as well. Although the text of the trade deal is yet to be r...Read More

According to eMarketer, Pinterest is now the third-largest social media platform Social media name Pinterest Inc (NYSE:PINS) is surging today, pacing for a second straight day of big gains after research firm eMarketer unveiled data that showed PINS U.S. user base surpassed Snap's (SNAP) Snapchat last year, making it the third largest social media platform. The data also showed the online scrapboo...Read More

The Dow managed to bounce back after slipping below the breakeven this morningThe Dow Jones Industrial Average (DJI) initially slipped out of the gate on concerning comments from Treasury Secretary Steven Mnuchin. The blue-chip index has since bounced back to hit a record high, with the trade deal signing currently underway. Comments from National Economic Council Director Larry Kudlow that U.S....Read More

A short squeeze could keep the upside goingOne of the best stocks on the New York Stock Exchange (NYSE) this morning is Shake Shack Inc (NYSE:SHAK). SHAK is up 9.6% to trade at $70.16, on track for its best day since Aug. 6. Although the catalyst is unclear, Goldman Sachs did weigh in on the company's exclusive partnership with GrubHub (GRUB), predicting an 80% rally from its current levels. What...Read More

Analysts are surrounding JPM with price-target hikes todayKeeping up with this week's theme of bank stocks, JPMorgan Chase & Co. (NYSE:JPM) is back in headlines just one day after sharing an upbeat quarterly report. After the close yesterday and first thing this morning, JPM has received no fewer than seven price-target hikes, including one to $151 from $146 at Jefferies, and to $150 from $148 at...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") has started a reconstruction project to optimize and consolidate processing assets to improve costs. The Company has also completed the purchase of the Diaz Rail Loading Facility, located in Diaz Arkansas (the "Diaz Rail Facility"), for the remaining payment of US$968,747. Under the lease-to-purchase agreement, the...Read More

Puts have been popular for some time nowOne of the worst stocks on the New York Stock Exchange (NYSE) today is Target Corporation (NYSE:TGT), down 6.3% to trade at $117.34. The retailer's holiday sales figures of 1.4% came in drastically lower than last year's 5.7% growth, with underperformance in the electronics, toys, and home products areas. Target stock hit a record high of $130.24 on Dec. 20...Read More

The FDA just granted the stock's advanced prostate cancer treatment priority review statusThe shares of health care name Clovis Oncology Inc (NASDAQ:CLVS) are surging in electronic trading, following news the U.S. Food and Drug Administration (FDA) granted priority review status to its Rubraca therapy in patients with advanced prostate cancer. The stock is up 26.5% ahead of the bell, set to pop ba...Read More

Goldman Sachs and Bank of America both reported earnings beatsU.S. stock futures are sitting below fair value this morning, as Wall Street awaits the official signing of a "phase one" trade deal between the U.S. and China. Ahead of the 11:30 a.m. ET signing, there remains some tension between the countries, especially after Treasury Secretary Steven Mnuchin said this morning that tariffs between...Read More

BYND has had a volatile 2020 so farVeggie burger maker Beyond Meat Inc (NASDAQ:BYND) is down 4.1% this morning to trade at $112.20, after receiving a downgrade to "market perform" from "outperform" at Bernstein. The analyst slam comes on the heels of Beyond Meat's announcement it has entered into a multi-year pea protein supply deal with Roquette Fr??res. Bernstein analyst Alexia Howard said the...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced completion of functional integration to more than 250 of the world's largest retail destinations, growing revenue-generating retail endpoints above plan.John Abrams, President and CEO of Venzee said, "while achieving integration with so many large retailers is an important milestone for the Venzee...Read More

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) a pioneer in military robotics and innovation in the automotive industry has announced that they have signed a contract and received its first purchase order for $175,000CDN to provide sophisticated software for integration between applications and Point of Sale (POS) for NCR Corporation (NYSE: NCR), a leading enterp...Read More

The S&P 500, Nasdaq Composite and Dow Jones Industrial indexes all pulled back from records as the conditions underscored lingering concern about future progress in negotiations, Bloomberg reported.However Australia's benchmark S&P/ASX200 was in record territory in morning trade and edging towards the 7,000 mark.Australian gold producers were three of the biggest risers at the time of writ...Read More

Endeavour Mining (TSX: EDV) has walked away from a potential 1.47 billion lb. (US$1.9-billion) acquisition of Centamin (TSX: CEE; LON: CEY), citing lack of information on the targeted company's assets.The gold miner said the quality of the data shared by the Egypt-focused company during an accelerated due diligence process was "insufficient" to make an offer and as a result, merger talks have been...Read More

Andrew Forrest, one of Australia's richest men, last year came within a hair's breadth of forfeiting an iron ore tenement because of what initially seemed to be the late lodgement of a renewalRead More

Environmental, social and governance (ESG) is becoming more of a central issue for miners, as evidenced by BlackRock boss Larry Fink's annual letter to CEOs, released yesterday.Read More

Share this articleVANCOUBER, B.C. - Mining company Teck Resources Ltd. says it is purchasing the SunMine solar electricity generating facility in B.C. from the City of Kimberley.The Vancouver-based company says it has agreed to pay about $2 million, matching the city's debt associated with the operation.The 1.05-megawatt SunMine opened in 2015 on reclaimed land at Teck's Sullivan Mine, which w...Read More

(IDEX Online) - The DMCC has opened a new state-of-the-art luxury vault and safe deposit facility in the Almas Towers in Dubai. This is the second jewelry vault in the Almas Tower, which is the base of many for many of the emirate's jewelry traders.818 Vault is equipped with a secure dual control locking mechanism. Each safety deposit locker has two 10-lever locks that are accessed with two u...Read More