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
Stage is set for big rally in gold and silver unless various US November jobs numbers beat street expectation by a big margin. U.S. President Donald Trump announced tariffs on metal imports from Brazil and Argentina. USA has threatened to impose new tariffs on trade with the European Union after the World Trade Organization (WTO) ruled that the EU had not complied with an order to halt illegal s...Read More
Two F words we can appreciate: fashion and function - and one Vancouver-based company has brought them together to create stylish performance wear so you're ready to tackle whatever life hands you. DUER makes comfortable pants for men and women out of No Sweat Fabric, Performance Denim, Limitless Stretch fabric, and Live Lite/Free fabric, for active urbanites constantly on the go: whether its ri...Read More
Two F words we can appreciate: fashion and function - and one Vancouver-based company has brought them together to create stylish performance wear so you're ready to tackle whatever life hands you. DUER makes comfortable pants for men and women out of No Sweat Fabric, Performance Denim, Limitless Stretch fabric, and Live Lite/Free fabric, for active urbanites constantly on the go: whether its ri...Read More
CHINA-MINING/ZIJIN (UPDATE 3):UPDATE 3-China's Zijin Mining to buy Canada's Continental Gold for $1 bln amid security riskRead full newsRead More
StrikePoint Gold Inc. announces final drill results from the 2019 surface drilling program from the Willoughby property located in British Columbia's prolific Golden Triangle.Read full newsRead More
TerraX Minerals Inc. announces filing of a technical report supporting the first mineral resource estimate on its 100% owned Yellowknife City Gold Project.Read full newsRead More
Galway Metals Inc. reports assay results from drill hole between the recent Richard Zone discovery and the Jubilee Zone.Read full newsRead More
Tuesday saw Forum Energy Metals (TSX.V:FMC) announce the completion of a Rio Tinto-led exploration campaign on its Janice Lake sedimentary copper project i...Read full newsRead More
Osisko Mining Inc. provides new drilling results from their 100% owned Windfall gold project.Read full newsRead More
Trump's assertions that he could wait on a trade deal with China dragged stocks lower todayConcerning comments from U.S. President Donald Trump that he may not be ready to make a trade deal with China until next year's election had the Dow continuing its slide today -- down 280 points for its biggest one-day dip since early October. A report also said the president is still planning on placing new...Read More
GoldON Resources Ltd. reports 1006.5 metres of core drilling has been completed through nine holes on its 100%-owned Slate Falls Gold-Silver Project.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Delta's price action is hurting other airline stocks Looking across Wall Street today, two stocks making big moves are Delta Air Lines, Inc. (NYSE:DAL) and Lands' End, Inc. (NASDAQ:LE). For Delta, the shares are down 2.5% at $55.33, putting them back below the 50-day moving average, due to a poor load factor number from the company for November -- an update that's weighing on most other airline st...Read More
ETSY is continuing its recent downtrend on the chartsSmall business retail platform Etsy Inc (NASDAQ:ETSY) has vastly underperformed on the charts this year, with overhead pressure from the $60 ceiling in September and October preceding the shares' late-October post-earnings bear gap. With ETSY still trading in annual-low territory and down nearly 9% in 2019, now is the perfect time to buy puts.Ta...Read More
Renforth Resources Inc. is pleased to announce the discovery of a new gold bearing zone north of the historic Thompson-Cadillac Mine mineralized veins.Read full newsRead More
BEIJING/TORONTO (Reuters) - China's Zijin Mining Group Co Ltd has agreed to buy Canadian miner Continental Gold Incfor C$1.3 billion ($1 billion), but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.State-backed Zijin's offer forRead full newsRead More
CHINA-MINING/ZIJIN (UPDATE 3):UPDATE 3-China's Zijin Mining to buy Canada's Continental Gold for $1 bln amid security riskRead full newsRead More
Uber stock just ran up to a historically bearish trendline It's been a pretty dismal first year as a publicly traded company from Uber Technologies Inc (NYSE:UBER). The stock has been on a choppy path downward ever since it hit a record high of $47.08 in June. In the past few months, the stock's 60-day moving average, and a disappointing third-quarter earnings report in early November, had UBER bo...Read More
Tech shares are pacing the market sell-offStocks are getting hammered again today, with the Dow Jones Industrial Average (DJI) dropping more than 400 points, to put it on pace for its worst day since early October. The selling comes after President Donald Trump suggested a trade deal with China may not happen until after the 2020 presidential election, while his tariff threats toward France are ap...Read More
Schaeffer's Senior V.P. of Research sat down for a long conversation on optionsSchaeffer's Senior V.P. of Research Todd Salamone just joined Ed Modla from the Options Clearing Corporation (OCC) on the Wide World of Options podcast. The main point of discussion was buying long call options, and the differences between buying options versus selling options.In their more than 40-minute talk, Todd bre...Read More