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

JPM options can be had for a bargain right nowOne of the best Dow stocks of 2019 turned out to be JPMorgan Chase & Co. (NYSE:JPM), up 38% year-to-date. Although the security is fresh off an annual high of $135.78 on Friday, there's reason to believe JPM could keep climbing into the new year.More specifically, JPM is the only Dow name to show up on Schaeffer's Senior Quantitative Analyst Rocky W...Read More

(Bloomberg) -- A torrent of deal-making among gold producers that's pushed M&A in the sector to an eight-year high is seen spilling over into the wider mining industry -- if there's a rally in global growth.Pending and completed gold acquisitions have reached about $33 billion so far in 2019, the highestRead full newsRead More

Costo stock is inching lower ahead of the retailer's fiscal first-quarter earnings report It's more of the same for Costco Wholesale Corporation (NASDAQ:COST) stock ahead of the retailer's fiscal first-quarter earnings report, due out after the close tomorrow evening. Since being rejected by the $307 region -- home to its early September record highs -- the stock has been consolidating just south...Read More

STMP is currently trading above very strong support levels Building on our comments as displayed on the accompanying chart, the price action in Stamps.com Inc. (NASDAQ:STMP) in recent years can be divided into five very distinct periods, viz. 1) An enormous, tenfold rally (though not without its major fits and starts) that drove the shares from the upper-$20s in the spring of 2014 to a peak above...Read More

BA and HD are at the bottom of the Dow todayWhile the Nasdaq Composite (IXIC) and S&P 500 Index (SPX) follow this week's flat trading action, the Dow Jones Industrial Average (DJI) is underperforming due to weakness in Boeing (BA) and Home Depot (HD) shares. Semiconductor stocks in particular have been a strong point today, though traders have mostly stayed on the sidelines ahead of this afternoon...Read More

FTSV has casually added 500% in two monthsClinical stage immuno-oncology name Forty Seven Inc (NASDAQ:FTSV) has exploded this week, rising from Friday's close of $14.44 to settle at $34.66 yesterday, thanks to a well-received showing at the American Society of Hematology's (ASH) annual meeting (see the company's presentation here). This recent surge is just an acceleration of previously strong pri...Read More

There's a lot of skepticism surrounding BYND sharesThe shares of Beyond Meat Inc (NASDAQ:BYND) are up 1.1% to trade at $75.46 today, after the company announced the launching of Beyond Beef in Canada. This is the faux meat concern's first foray outside of the U.S., and had previously linked with McDonald's (MCD) to test a new plant-based burger in Canada using Beyond Meat patties.As the weathe...Read More

The credit card stock has been on an impressive long-term climb higherCredit and debit card name Mastercard Inc (NYSE:MA) is buzzing this morning, fresh off a bull note from SunTrust Robinson, and news it has begun testing its new digital service that can immediately and securely mark a person's identity in the physical or virtual realm. SunTrust hiked its price target to $340 from $325, marking...Read More

November inflation numbers rose by a larger-than-expected amountWall Street struggled to gain momentum yesterday, and today's price action could be more of the same. Dow Jones Industrial Average (DJI) futures are churning slightly below fair value, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are signaling modestly higher opens. There's caution ahead of this afternoon's policy...Read More

Home Depot's 2020 sales growth forecast fell below analysts' estimates Home Depot Inc (NYSE:HD) has taken quite a tumble off its late-November record high of $239.30, thanks in part to a disappointing earnings report,and it doesn't look much better for the retailer today. In fact, the security is down 2% in pre-market trading, after the firm projected between 3.5% and 4% sales growth for 2020, whi...Read More

Porsche has taken down payments from 30,000 customers in Europe for its Taycan, ...Read full newsRead More

Saudi Aramco shares jumped in Riyadh, quickly touching their upward limit, as investors rushed to buy a piece of the world's largest initial public offering.Read full newsRead More

So far this December has been similar to what's been seen in recent yearsOver the past 50 years, December has been the best month of the year for the S&P 500 Index (SPX). In the table below, you see all the gains have occurred in the second half of the month. The broad market index averages a slight loss in the first half of December, but the second half averages a gain of more than 1.5% -- with...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that Tango Tango, a FirstNet Certified?,,? Push-to-Talk application and communications service provider, has partnered with Siyata to offer the Uniden (R) UV350 dedicated in-vehicle device to its first responder customers in the United States.Tango Tango uses advanced networking...Read More

Christopher Lewis7 hours ago (Dec 10, 2019 5:34 PM GMT)Gold markets trying to rally a bit during the trading session on Tuesday but could not sustain any meaningful gains. At this point, the market looks very likely to continue to struggle in general, as we have seen a bit of a grind lower over the last several months. This has been a gentle move lower, so that is one thing the buyers can take a b...Read More

James Hyerczyk12 hours ago (Dec 10, 2019 12:40 PM GMT)Gold futures are edging higher on Tuesday, boosted by lower demand for risky assets. Treasury yields are also trading lower which is pushing down the U.S. Dollar, driving up demand for dollar-denominated gold. Worries over the looming U.S. tariffs on Chinese goods that are supposed to kick in on December 15 is one catalyst underpinning gold. Th...Read More

Key market indices closed higher around the globe yesterday and most futures were looking up at the time of writing.News out of Indonesia boosted copper and nickel prices in London, Marex Spectron said, referring to reports the country's  copper concentrate output was below target and it would double royalties on sales of nickel ore to 10%.Copper closed almost 1% higher while nickel rose 3.4%...Read More

The JORC resource for Koroua Island is 52.7 million tonnes at 13.3% heavy minerals, which includes over 1Mt of iron minerals, largely magnetite, plus there are traces of gold and rare earth minerals that require further investigation.  The total resource for Sigatoka is now over 184Mt across Koroua Island, Sigatoka River and Kulukulu. The Kulukulu foreshore appears to be more concen...Read More

The company has added more than 1,100 new staff over the past two years and has outgrown its Applecross office. Its new facility in Subiaco is currently being fit out.Read More

(IDEX Online) - Production at Petra Diamonds' South African mines has been hit by ongoing rolling power cuts across the country. Following a request by Eskom, the South African electricity utility, Petra halted produced, hoisting and processing at the Cullinan, Finsch and Koffiefontein mines on December 9. On December 10, Eskom downgraded the situation from the unprecedented Stage 6...Read More