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
Investors are focused on rising turmoil between the U.S. and Iran The Dow Jones Industrial Average (DJI) is still lower at midday as geopolitical tensions, sparked by the killing of Iranian military commander Qassem Soleimani, remain high. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC), however, are treading near breakeven after paring most of their intraday losses. Elsewhere, February-dated...Read More
CRM options traders could be cheering the price actionSalesforce.com, Inc. (NYSE:CRM) is spiking to new all-time highs today thanks to bullish analyst attention. RBC came in and raised its opinion to "top pick" from "outperform," while boosting its price target to $215 from $200. The brokerage firm wrote that there are a number of ways CRM shares could see "significant" upside in 2020. The stock w...Read More
Long term, AZO has been climbing the chartsShares of car parts retailer AutoZone, Inc. (NYSE:AZO) are down 2.7% at $1,155.79 this morning, after being on the receiving end of a downgrade at Wedbush. The brokerage firm lowered its rating to "neutral" from "outperform" and cut its price target to $1,225 from $1,375, citing AutoZone stock's reach to near peak valuation from its 2019's rise of more...Read More
Craig-Hallum also initiated coverage with a "buy" rating and $20 price targetA big winner this Monday morning is SmileDirectClub Inc (NASDAQ:SDC), up 12.3% to trade at $9.41. That's because the teledentistry name just launched a new line of oral care products, exclusively available at Walmart (WMT) stores. In addition, Craig-Hallum initiated coverage on SDC with a "buy" rating and $20 price targe...Read More
Plug Power won a $172 million contract from an unnamed Fortune 100 company The shares of Plug Power Inc (NASDAQ:PLUG) are soaring today, after the company won a contract from an unnamed Fortune 100 client for hydrogen fuel cell deployments at the "close of 2019." The contract is valued at more than $172 million. The stock is up 10.2% at $3.56 in response. Looking back, Plug Power stock hit a five...Read More
Stocks are set to continue Friday's weaknessDow Jones Industrial Average (DJI) futures are pointing to more losses for stocks, as tensions remain high between the U.S. and Iran. This would extend the selling from Friday that was sparked by the airstrikes in Baghdad that killed Irarian military commander Qassem Soleimani, with President Donald Trump yesterday threatening sanctions on Iraq should th...Read More
Declining volatility is a plus for bullsThe first two trading days of 2020 did not lack market-moving macro catalysts. The new year and new decade got off to a roaring start, as U.S. equities rallied in response to China's central bank reducing the reserve ratio for commercial banks by 50 basis points. The S&P 500 Index (SPX - 3,234.85) advanced nearly 1% to kick off 2020 on the news, closing at a...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce the appointment of Jason DePue as VP Sales for AT&T/FirstNet accounts effective immediately. Career Overview:Most Recently Director of Business Development and Sr. Director of Sales at SONIM TechnologiesVP Sales at Kyocera Mobile for AT&T Business SolutionsSenior Product Marke...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Non-precious metals small-cap miners can expect to see target share prices climb by upto 90% on current levels over the next 12 months, Peel Hunt said in its 2020 outlook, publishedRead More
The two operations produced over 49,000 carats to achieve combined sales of US$55 million.The 70%-owned Mothae kimberlite mine in Lesotho realised record tonnes processed and grade in the December quarter to produce 167 stones grading more than 4.8ct and 46 stones at more than 10.8ct.Its first full year of operations in 2019 produced more than 30,000ct, about 45% ahead of plan.The 40%-owned Lulo a...Read More
Provincial governor Rodolfo Suarez issued law 9209 to reform water protection law 7722 of 2007, which effectively prohibited mining through banning the use of cyanide (used in gold processing) and sulphuric acid (used in copper processing).Suarez also announced his support for 19 mining projects including those seeking to exploit uranium, copper, gold, lead, silver, zinc and iron ore, which he sai...Read More
(IDEX Online) - A panel debate about the future of diamonds will take place at the upcoming Vicenzaoro January show. The debate, which has been organized by The Futurist CEO Paola De Luca, will be introduced by Gaetano Cavalieri, president of CIBJO. The speakers are designer Tomasz Donocik; Esther Ligthart, jewelry blogger and writer, David Brough, editor and co-founder of Jewellery Out...Read More
(IDEX Online) - Lucapa Diamond Company Limited said its production hit a record high in 2019. Annual production reached 49,120 carats with sales from the Mothae kimberlite mine in Lesotho and the Lulo alluvial mine in Angola in totaling $55 million. During Q4 they produced 287 +4.8 carat diamonds, making a combined total of 1,164 such stones during the year including five diamonds sized over...Read More
(IDEX Online) - The non-profit organization Mercury Free Mining (MFM) will test a new technique that could end the use of toxic mercury in artisanal gold mining. The new technique has been developed by Sluice Goose Industries and uses the Goldrop gold separating processor, which it says is significantly more efficient than traditional gold panning. The process will be tested over a 10-da...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesProvincial governor Rodolfo Suarez issued law 9209 to reform water protection law 7722 of 2007, which effectively prohibited mining through banning the use of cyanide (used in gold processing) and sulphuric acid (used in copper processing).Suarez also announced his support for 19 mining projects including those seeking to exploit u...Read More
Dear Reader,Stocks ran red this morning… stained crimson by the blood of Iranian Gen. Qassim Soleimani.A Reaper drone of the United States Air Force sent this hellcat over the rainbow early Friday.The late departed was no second-rater, no minion. Explains Matthew Hoh of the Center for International Policy:The equivalent of the killing of Gen. Soleimani would be as if the Iranians assassinate...Read More
Revival takes staged approach to Beartrack-ArnettSPONSOREDSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesMincor Resources, a small nickel mining specialist, earlier this week reported a hit of 17.6m assaying 5% nickel from work at i...Read More
Revival takes staged approach to Beartrack-ArnettSPONSOREDSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesIn ‘Building uncertainty advantage in a climate of change', our colleagues cited examples of mining companies that are st...Read More
The latest results from the Silver Coin deposit at Ascot Resources' (TSX: AOT) Premier gold project continue to show high-grade mineralization at this zone.Drill highlights include 7 metres of 30.81 grams gold per tonne; 3 metres of 28.96 grams gold per tonne; and 5 metres of 12.24 grams gold per tonne."The new intercepts underpin a better understanding and predictability of the geological model a...Read More