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 S&P has managed to hit an all-time high thoughU.S. stocks are trading mixed so far today. The Dow Jones Industrial Average (DJI) has managed to overcome more selling on Boeing (BA) on the latest 737 MAX news to sport a modest lead, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are holding near breakeven as tech and healthcare shares slump -- though the S&P did manage a fresh record...Read More
HON is seeing support at both the 80- and 160-day moving averagesNorth Carolina-based Honeywell International Inc. (NYSE:HON) has been outperforming on the charts long term, and is now breaking out of a bull flag pattern. The stock also recently came off a convergence of its 80-day and 160-day moving averages, signaling that now is the perfect time to bet on HON with calls. Digging deeper, there l...Read More
Micron will report earnings after the close tomorrowAhead of its fiscal first-quarter earnings report due after the close tomorrow, Dec. 18, analysts are heaping the praise on Micron Technology, Inc. (NASDAQ:MU). Wedbush upgraded the chip stock to "outperform" from "neutral," while hiking its price target all the way to $65 from $44. The analyst in coverage cited several macro trends that could be...Read More
After today's news that some end users of cobalt have been served with a US lawsuit, it is important to remember the salient points of cobalt in relation to the Democratic Republic of Congo (DRC). Here, Benchmark Mineral Intelligence outlines the facts and our opinion of the situation: > The vast majority of DRC cobalt ... Continue reading Cobalt & DRC: A reminder of the salient points ?+'Read ful...Read More
British-native, Canadian resident (and Burnley fan) Andy Robinson is the president and chief operating officer of Standard Lithium, the Vancouver company working with Lanxess in Union County to produce lithium carbonate, a chemical that is used in the manufacture of lithium batteries.Read full newsRead More
BBBY is continuing its trend higher on the chartsAs a part of Bed Bath & Beyond Inc.'s (NASDAQ:BBBY) new CEO Mark Tritton's 2020 restructuring plan, the home product retailer announced the departure of six senior members. A search to fill the newly combined role for the Chief of Marketing and Chief Brand Officer is also underway, as well as a permanent placement for the remaining positions. Tritto...Read More
GS stock received a price-target hike this morningGoldman Sachs Group Inc (NYSE:GS) has benefited from the recent stock market rally, hitting a 52-week high of $230.70 yesterday. During this breakout, call buying has ramped up at the major exchanges. This is according to the 10-day call/put volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PH...Read More
U.S. oil output from seven major shale formations is expected to rise about 29,0...Read full newsRead More
The companies were allegedly part of a system of forced labor that the families claimed led to the death and serious injury of their children.Read full newsRead More
Global coal demand is expected to remain stable until 2024 as growth in Asia off...Read full newsRead More
Sprawled across a spent volcano on the remote edge of the Great Victoria Desert ...Read full newsRead More
Roku stock remains 350% higher year-to-dateRoku Inc (NASDAQ:ROKU) stock's troubles are continuing today, after the streaming company announced its Chief Financial Officer (CFO) Steve Louden will be stepping down from the position, as soon as his replacement is found. Louden cited his desire to relocate to Seattle,as the reason for his resignation. In response, the shares of ROKU are down 2.1% at $...Read More
Dow and S&P futures are little changed after Monday's record highsMarkets kicked off the week with record highs yesterday, but Dow Jones Industrial Average (DJI) futures are signaling a slightly lower open today. After a 4.3% drop on Monday, Boeing (BA) once more is the culprit, with the shares under pressure after the aerospace giant officially announced it's suspending production of the 737 Ma...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide additional details on its core drilling plans for the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figures 1 & 2).The fully funded $2M planned drill p...Read More
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Take the hint! ??'???~?Read full newsRead More
Among those companies were a mix of private explorers and project aggregators, spending millions of dollars in compliance-related funding to try to get funding for exploration, including Murray BasinRead More
Sierra Rutile is now worth just US$50 million, after Iluka chopped $290 million off its valuation, admitting the African enterprise had not met the investment case that underpinned the $330 millionRead More
(IDEX Online) - Jared, in collaboration with James Allen, has opened a concept store in Frederick, Maryland. The retailer said the new format "provides an updated environment that is a significant, yet welcome, departure from a traditional jewelry store."These updates include a more tactile experience for those shopping for bridal jewelry. The store has a hands-on product experience that encourage...Read More
(IDEX Online) - Chow Tai Fook Jewellery Group Limited, in partnership with French jewelry school Haute Ecole de Joaillerie (HEJ), has launched the Loupe Jewellery Academy. The company said academy will shape the future by "incubating and inspiring forthcoming generations in the jewelry industry."The academy, whose curriculum covers design, craftsmanship and sales and marketing, has already held it...Read More