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
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Azincourt Energy (AAZ.V) treated shareholders with back to back news releases in recent sessions. This tiny U308 ExplorerCo is on the cusp of a fully funded $1.2M drilling campaign at its flagship East Preston Project located in the prolific Athabasca Basin of northern Saskatchewan.Read full newsRead More
Dec 04, 2019 (Market Insight Reports via COMTEX) -- The Global Gold MiningMarket research provides a basic overview of the industry including definitions,...Read full newsRead More
The Dow ended the week on a high note, following a strong nonfarm payrolls reportThe Dow snagged a 337-point win today, following a strong U.S. jobs report. Data showed 266,000 jobs were added in November, exceeding economists' expectations. Several stocks boosted the blue-chip index, too, including Goldman Sachs (GS), which rallied 3.4% on a strong day for financials. More broadly, a booming ener...Read More
A new strategic alliance is a boon for cleantech newcomer Greenlane Renewables (TSXV:GRN), according to Beacon Securities analyst Ahmad ShaathRead full newsRead More
SFIX earnings are due after Monday's closeOptions volume is running hot on Stitch Fix Inc (NASDAQ:SFIX), as the retailer prepares to report earnings after the stock market closes next Monday, Dec. 9. With a little under two hours left in today's trading, around 7,000 puts and 5,400 calls have changed hands on SFIX -- three times what's typically seen at this point, and volume pacing in the 92nd an...Read More
MGM has been holding near its 52-week peak from NovemberMGM Resorts International (NYSE:MGM) hit an annual high of $32.24 back on Nov. 27, and was last seen holding just below this milestone after finding support in recent sessions near the 20-day moving average, checking in at $32.12. On the day, MGM stock is up 0.6%, even after SunTrust Robinson began coverage on the casino owner with a "hold" r...Read More
Dec 04, 2019 (Market Insight Reports via COMTEX) -- The Global Gold MiningMarket research provides a basic overview of the industry including definitions,...Read full newsRead More
The Dow made outsized moves in both directions this weekThe first week of December was a wild one on Wall Street, with the Dow making triple-digit moves on four separate occasions. Ahead of the Dec. 15 deadline for the U.S. add tariffs on more Chinese goods, investors reacted to a wide range of trade rhetoric from both sides. Stocks took a hit early in the week after President Donald Trump suggest...Read More
Oil is getting a boost on an OPEC agreementStocks continue to climb after this morning's impressive jobs report, with the Dow Jones Industrial Average (DJI) sporting a more than 300-point lead at the halfway point. Positive China buzz and rising oil prices are only adding to the bullish bias, after Organization of the Petroleum Exporting Countries (OPEC) members agreed on even deeper production c...Read More
CHWY just ran into its 40-day moving average, which has spelled trouble for the stock in the past The shares of online pet supply retailer Chewy Inc (NYSE:CHWY) have been making several attempts to distance themselves from their late-November bottom near the $21 level. Just yesterday, the stock picked up a 6.3% gain on a mixed analyst note from Morgan Stanley, and continues to climb higher today -...Read More
Trade Desk stock has more than doubled in 2019Digital advertising firm Trade Desk Inc (NASDAQ:TTD) is moving higher this morning, following an upgrade to "buy" from "hold" at Needham. The brokerage firm said the company's top line should get a boost as demand for ads rise ahead of next year's U.S. presidential election. From a broader perspective, six of the 13 following analysts held a "buy" or...Read More
All other ATNX analysts are bullishAthenex Inc (NASDAQ:ATNX) yesterday touched its highest point since August, testing the site of a massive bear gap from that time, recently enjoying support from the 10-day moving average. Thursday's price action came as a result of news of a $60 million private stock offering with a group of institutional investors, and the shares are up another 1% today at $16....Read More
Cassava announced promising results for a mid-stage study of its lead Alzheimer's drug The shares of Cassava Sciences Inc (NASDAQ:SAVA) are having another blowout day of trading, already up 24.4% at $2.24, and earlier touched a fresh annual high of $2.31. Now pacing for their highest close in over a year, the stock's surge comes after the drugmaker's lead Alzheimer's treatment, PTI-125, showed eff...Read More
Call traders are targeting weeklies that expire later todayA big earnings winner to close out the week is Ulta Beauty Inc (NASDAQ:ULTA), after the cosmetics retailer reported adjusted third-quarter earnings of $2.25 per share, easily toppling the $2.13 estimates. Revenue and same-store sales met expectations, with the company touting its higher-end cosmetics products. No fewer than five brokera...Read More
China said it will some tariffs on U.S. soybean and pork importsStock futures are pointed confidently higher to end the week, as Wall Street reacts to a blowout jobs report. The Labor Department said the U.S. added 266,000 jobs in November -- handily toppling estimates for 187,000 new positions -- while the unemployment rate dipped to 3.5%. Dow Jones Industrial Average (DJI) futures, which were in...Read More
Demand for fully electric battery cars surged by almost 230% in November, even as the overall UK car market continued to be dragged down.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce the appointment of Mr. Richard Hoy to its Board of Directors. With over 30 years experience, Mr. Hoy has a highly successful track record of leading and building enterprise sales teams to deliver accountable and significant revenue growth. He is appointed as an active board m...Read More
Christopher Lewis8 hours ago (Dec 05, 2019 4:45 PM GMT)Gold markets initially tried to rally during the trading session on Thursday, but at this point it looks as if the 50 day EMA, and perhaps even more telling the shooting star from the previous session, are offering enough resistance to keep the market in check. Keep in mind that the jobs number comes out on Friday, and that of course makes a h...Read More
Chris Vermeulen18 hours ago (Dec 05, 2019 7:08 AM GMT)We expected Gold to rally above $1750 before the end of this year, but the global trade wars and news cycles stalled the rally in Gold over the past 2 months. Now, it appears Gold is poised for another rally pushing much higher.But wait, if you’re thinking I’m just another one of those traders who is always bullish on gold,...Read More