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

A surging retail sector is giving Dollar Tree stock a lift The shares of Dollar Tree, Inc. (NASDAQ:DLTR) are on the rebound today, on a halo lift from several retail stocks that are surging post-earnings. Today's pop closely follows Dollar Tree's own earnings report on Nov. 25, which caused the stock to lose 15.2% on the day. The equity seems to have found support in the $88-$90 region -- home t...Read More

Fed Chair Jerome Powell will speak Wednesday afternoon after the Fed's decision Kicking off the second week of December is a slightly lighter batch of earnings, with retail at the forefront yet again. Big names like Stitch Fix (SFIX), American Eagle Outfitters (AEO), Children's Place (PLCE), Lululemon Athletica (LULU), and Tailored Brands (TLRD) make up a large portion of the list, as well as tech...Read More

Oil prices are rising againStocks are generally searching for direction at midday, as investors consider a muddied outlook for U.S.-China trade talks. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are all trading in the red at last check, despite another positive day for the energy sector. January crude futures are trading up 0.3%, at $58.63 per barrel, a...Read More

American Outdoor Brands will report its second-quarter earnings after the close today The shares of American Outdoor Brands Corp (NASDAQ:AOBC) are popping ahead of the firm's second-quarter earnings report due out after the close tonight. AOBC is up 3.2% to trade at $9.32, so far. Looking back, the security has been in rally mode since bottoming out at an eight-year low of $5.41 in early October,...Read More

CMG options are affordably priced at the moment, tooIt's been almost over a month since we last checked in with Chipotle Mexican Grill, Inc. (NYSE:CMG), when analysts were piling on the bull notes ahead of earnings. A lot has gone down since then, but the song sounds the same for Chipotle stock, as the analyst community remains skeptical.According to Schaeffer's Senior Quantitative Analyst Rocky...Read More

DFS still remains 41% higher year-to-dateDiscover Bank parent Discover Financial Services (NYSE:DFS) is down 1.3% to trade at $82.76 this morning. Weighing on the equity is a fresh downgrade to "neutral" from "buy" and price-target cut to $89 from $96 out of Instinet. The analyst in coverage is pessimistic about the company's upcoming earnings growth. DFS is now pulling back to recent support of...Read More

Weekly call traders had an interest in all three stocksRetail stocks are still in focus on Wall Street, with Dollar General Corp. (NYSE:DG), Five Below Inc (NASDAQ:FIVE), and Signet Jewelers Ltd. (NYSE:SIG) all making post-earnings moves this morning -- and all to the upside. Let's take a quick look at how DG, FIVE, and SIG shares are trading, and some of the data to consider for each name.Startin...Read More

NKE calls have picked up in popularity latelyThe best Dow stock this morning is Nike Inc (NYSE:NKE), after Goldman Sachs upgraded the retail icon to "buy" from "neutral," added it to its conviction list, and boosted its price target to $112. The analyst in coverage thinks Nike is on the verge of big earnings growth, and sees China revenues as a big driver going forward, especially with younger co...Read More

China's solar module exports rose to the equivalent of 58 gigawatts of capa...Read full newsRead More

Investors cheered Spanish group Repsol's pledge to slash net carbon emissio...Read full newsRead More

After a brief lull in the third quarter, a burst of at least 15 new Chinese defaults since the start of November have sent the year's total to 120.4 billion yuan ($17.1 billion), and about to eclipse the 121.9 billion yuan record set in 2018.Read full newsRead More

United Airlines stock is inching higher amid a series of leadership transitions A spate of leadership transitions has United Airlines Holdings Inc (NASDAQ:UAL) inching higher this morning. The firm announced that its current CEO, Oscar Munoz, would leave his spot to become Executive Chairman of the Board of Directors, while current president, Scott Kirby, will transition into the CEO role. It was...Read More

President Trump said U.S.-China trade talks are progressingWall Street bounced back yesterday from its early week drubbing, and Dow futures are pointed confidently higher once more today. The latest U.S.-China trade headline is powering this morning's surge, after ChineseCommerce Ministry spokesman, Gao Feng, confirmed both sides are communicating with each other. However, additional details wer...Read More

This year has seen 348 deals worth more than $30.5 billion, including net debt, according to Refinitiv Eikon data.Read full newsRead More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces that its 100% owned subsidiary, Select Sands America Corp., has entered into a 3-year supply agreement with a large cap exploration and production company in The Eagle Ford Basin. The contract is for the supply of Select Sands' 100 mesh product.Select Sands President and CEO, Zig Vitols remarked, "Our s...Read More

James Hyerczyk10 hours ago (Dec 04, 2019 2:59 PM GMT)Gold futures are trading lower on Wednesday shortly after the regular session opening. The price action indicates traders are putting more emphasis on a potential trade deal between the United States and China than a report showing weaker-than-expected private sector jobs data.Rising Treasury yields and increasing demand for risky assets are als...Read More

Lukman Otunuga16 hours ago (Dec 04, 2019 9:03 AM GMT)Given how the delay will most likely result in prolonged uncertainty and tensions between the worlds two largest economies, Gold is positioned to shine through the market chaos. Appetite towards the precious metal should also receive a boost from global growth concerns, Brexit drama and renewed speculation around lower interest rates. Bulls will...Read More

James Hyerczyk13 hours ago (Dec 04, 2019 12:16 PM GMT)It’s that time of year when FX Empire brings out the big guns to predict where gold prices will go in 2020. The forecasts, while as fallible as any others out there, are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls.There is so...Read More

The increased stake, of about 3%, was reported by Adriatic as it also flagged exploration success extending the potential of its key Rupice deposit, including a drill intercept of 10m grading 2.Read More

(IDEX Online) - Unrest in Hong Kong hit jewelry chain Tiffany & Co. hard in its third quarter. The company reported that worldwide net sales of $1 billion and comparable sales were unchanged from the prior year. Excluding Hong Kong, worldwide net sales and comparable sales increased by 4 percent and 3 percent, respectively.Worldwide net sales for the third quarter were unchanged from the prior...Read More