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
Moody's cut its debt rating on Boeing to "A3"Controversial airplane maker Boeing Co (NYSE:BA) is once again making headlines today, riding on the back of news investor service Moody's cut its debt rating. Specifically, the firm has cut Boeing to "A3," or four levels above "speculative grade." Moody's cited the volatile drama and fatal consequences of its 737 Max jet as the catalyst. BA looks to h...Read More
Sweden's central bank ended five years of negative interest rates on Thursd...Read full newsRead More
DBX implied volatilities are low at the momentOne of the better stocks on Wall Street today is Dropbox Inc (NASDAQ:DBX), up 9.1% to trade at $18.56, although the catalyst is unknown. In response to the breakout, there's noteworthy options activity going on worthy of examination.At last check, already over 32,000 calls have changed hands, a whopping 58 times the expected intraday amount and 29 tim...Read More
China said on Thursday it will sell 40,000 tonnes of frozen pork from its state ...Read full newsRead More
If you're not a bitcoin enthusiast, you probably haven't heard what...Read full newsRead More
Turkey took three out of the top five.Read full newsRead More
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./VANCOUVER, Dec. 19, 2019 /CNW/ - Tinka Resources Limitedis pleased to announce that it has... | December 19,2019Read full newsRead More
The firm plans on rolling back on fertilizer production until markets improve The shares of Fortune 500 name Mosaic Co (NYSE:MOS) are slipping today, following yesterday's one-month closing high of $20.86. The dip comes after Mosaic said it will reduce its fertilizer production, blaming weak market conditions and a problematic harvest in the U.S., which has dampened demand for the product. At las...Read More
CSCO shares are sporting strong gains todayU.S. stocks are continuing their steady grind higher, overcoming impeachment headwinds thanks to a strong day from a number of big-name tech stocks -- including Dow Jones Industrial Average (DJI) component Cisco Systems (CSCO). Like the Dow, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have tagged new highs, with Netflix (NFLX) again standing as a...Read More
CSCO this morning toppled its 80-day moving averageTechnology giant Cisco Systems, Inc. (NASDAQ:CSCO) is the top Dow stock today, enjoying a 1.5% lifton the heels of an upgrade out of Barclays. Analyst Tim Long upgraded the blue chip to "overweight" from "equal weight," citing growth in a handful of key products that should improve within the next year for the company. CSCO is now trading at $47....Read More
Calls are rising in popularity today in responseBreakups can be difficult, but Match Group Inc (NASDAQ:MTCH) seems to be doing just fine. Match Group stock is up 3.4% to trade at $73.68, after the Tinder app owner announced it will spin off all from parent company InterActiveCorp (IAC). The transition will be complete by the second quarter of 2020, with MTCH shareholders receiving one share of se...Read More
Needham just added Chegg to its conviction list for 2020Online learning platform Chegg Inc (NYSE:CHGG) is up today after Needham called the stock one of its top picks for 2020, and adding the equity to its conviction list. Now, the security is eyeing a five-day win streak -- its longest in over a month. At last check, the shares of CHGG are up 1.1% to trade at $38.81. In recent months CHGG has be...Read More
Wednesday saw Rockfire Resources (LSE:ROCK) reveal assay results for the last two drill holes at its increasingly prospective Plateau gold deposits in Quee...Read full newsRead More
Barclays believes JNJ stock is trading at a discountAnalysts' top 2020 picks are starting to roll in, and Barclays this morning mentioned Johnson & Johnson (NYSE:JNJ) as a stock that could be strong for bulls in the coming year. In a note, the brokerage firm wrote that the blue-chip drugmaker is still trading at a discount due to this year's litigation issues, and in response it upped its view to...Read More
Weekly jobless claims fell in the past week, but less than expectedDow Jones Industrial Average (DJI) futures are modestly higher this morning, as investors brush off the political drama in Washington D.C. Last night, the House of Representatives voted to impeach President Donald Trump on two counts: abuse of power and obstruction of Congress. Futures on the S&P 500 Index (SPX) and Nasdaq-100 In...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that for the first time, the Company can offer its Uniden (R) UV350 and accessories via Ingram Micro in the United States to the two leading U.S. Tier 1 wireless carriers. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very excited to now have commercial distribution...Read More
The S&P500 ended its five-day rising streak yesterday but closed down only 0.04% to 3,191.14, having hit another record intraday. In London, the FTSE 100 Index advanced 0.2% to 7,540.75, hitting the highest in almost 20 weeks with its sixth consecutive advance, Bloomberg reported. The gold price is similar to this time yesterday, around US$1,475 an ounce on the spot market. Amon...Read More
While current leaders in surface and underground mining equipment, and rock milling, are facing "the potential challenge of a structurally shrinking aftermarket" that is vital to all major players,Read More
The company had set out to raise $80 million at $7.28 per share in a bank-led bought deal raising. Yesterday it said the $12 million over-allotment option was exercised in full.Read More
Thirty-three-year-old Micromine, owned by Sydney-based technology-focused private equity firm Potentia Capital and the founding Tuder family, also has offices in Brazil and Peru.Micromine regional manager Guido Perez said large and junior companies were developing new precious and base metals projects across Mexico. A solid pipeline of projects, competitive operating costs and rising metal prices...Read More