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

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

PLUG puts are a hot commodity todayPenny stock Plug Power Inc (NASDAQ:PLUG) is taking a hit today, down 12.2% to trade at $3.29. This comes in the wake of a public stock offering of 40 million shares, with the intention to use the proceeds to offset capital expenditures. With the stock landing on the short-sale restricted list this morning, options trading has ramped up.In just the first hour of...Read More

Peak open interest on LULU is in the weekly 12/6 seriesLululemon Athletica Inc. (NASDAQ:LULU) has had a great 2019, soaring 85.5% and hitting an all-time high of $229.65 last week before closing yesterday at $225.53. More bullish analyst attention is coming through on the outperforming retailer, and this matches the sentiment seen in the options pits, where traders have seemingly been betting on m...Read More

The offer means Astellas is buying Audentes for around $60 per shareGene therapy concern Audentes Therapeutics Inc (NASDAQ:BOLD) has more than doubled this morning, surging 104.9% to trade at $58.63, on news that Japan-based drugmaker Astellas Pharma is set to buy the company in a $3 billion cash deal. BMO and Wedbush both lifted their price targets to the per-share buyout price of $60 in response...Read More

LYFT has struggled since its March IPORide-hailing service Lyft Inc (NASDAQ:LYFT) is down 1.6% this morning at $46.63, sinking lower on the back of a late-night bear note from Piper Jaffray. Analyst Alexander Potter cut his price target by $19 to $60, though the adjustment still sits 26.6% above Monday night's close at $47.39. Potter also stated that LYFT has a "more believable path to profitabili...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce that the Company will start transload operations in George West, TX in Live Oak County in January of 2020. As a supplier of high quality Northern White Sands, the proximity of its mine in Arkansas gives the Company a distance advantage when compared to sources in the upper mid-west. Selec...Read More

The White House is also wrestling with France on tariffsAfter the market kicked off December on a sour note, Dow futures are now staring at an over 200-point drop, pivoting away from earlier gains after President Donald Trump'sremarks at a London news conference. Speaking ahead of a NATO meeting, Trump's noted he "like[s] the idea of waiting until after the [2020] election for the China deal,"cast...Read More

Context is everything when it comes to the fear index, so watch this sentiment indicator carefullyThe notion of the Cboe Volatility Index (VIX) being "high" or "low" is, as you're likely aware, entirely a matter of context. During calendar years 2010 through 2016, the average daily VIX reading was 17.92 -- not sky-high by any means, but still a figure that would have seemed downright panicky durin...Read More

David Becker5 hours ago (Dec 02, 2019 7:50 PM GMT)Gold prices whipsawed and formed a doji day with a long tail as prices initially moved lower but rebounded following a softer than anticipated US ISM manufacturing report. The data helped put pressure on the US yields which weighed on the US dollar paving the way for gold to remain buoyed. Traders will now focus on the US employment report which is...Read More

Christopher Lewis8 hours ago (Dec 02, 2019 5:11 PM GMT)Gold markets initially pulled back during the trading session on Monday, but then bounced in order to form a bit of a hammer. At this point in time it looks as if the $1450 level continues to be a massive support of level, as we have seen the market bounce from there a couple of different times. This is also the top of an ascending triangle th...Read More

Michael Seery10 hours ago (Dec 02, 2019 2:41 PM GMT)I had been recommending a bearish position in the December contract from around the 1,460 level as it is time to exit due to expiration as prices are right near 1,457 while rolling over into the February contract at 1,464 and if you took that trade continue to place the stop loss above the 10 day high standing at the November 20th high of 1,486 a...Read More

The latest sales pricing compares with the preliminary $6,200-6,500/t guidance in October.Read More