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
Last week, I gave you a rundown of the single most important investment you can make: dividend stocks.Considering that I typically write about cannabis stocks, I'll quote a Bob Marley deep cut here:"In high tide or in low tide, I'll be by your side."That is the mighty dividend stock. There is no decent stock portfolio in the world that is complete without dividends.Much like a marriage, there isn'...Read More
There wasn't much to drive stocks higher todayStocks spent the majority of the day in the red, and though the Dow managed to pare most of its losses by the close, it finished lower for a third straight day. The S&P 500 also logged a third consecutive loss as tech weakness outweighed strength from the energy sector, while the Nasdaq fell, as well. Meanwhile, retail earnings and trade buzz were also...Read More
Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guine...Read full newsRead More
Forum Energy Metals (TSX.V-FMC) has launched a key survey on its Fir Island uranium project in Canada to generate targets for a drill programme early next...Read full newsRead More
TWTR is attempting to rebound off its recent lowsTwitter Inc (NYSE:TWTR) gapped sharply lower in late October, in reaction to the social media firm's dismal third-quarter earnings report. The shares eventually found a floor near their year-to-date breakeven level at $28.74, and have since bounced more than 4% -- including today's 2.6% gain that has TWTR stock trading at $29.93.Today's pop has spar...Read More
The bill to legalize marijuana on the federal level in the U.S. was approved in a 24-10 vote by theHouse Judiciary Committee While the Dow is sinking midday amid a weakening retail sector, news that the U.S. House Judiciary Committee has approved a bill to legalize marijuana on the federal level has the pot sector flying high. The bill, called the Marijuana Opportunity Reinvestment and Expungement...Read More
FL stock's last two earnings reactions were uglySneaker retailer Foot Locker, Inc. (NYSE:FL) is down 0.3% at $42.25 this afternoon, with options running hot. The company is slated to report third-quarter earnings before the open tomorrow, Nov. 22. Below, we will take a look at what the options market is pricing in for the stock's post-earnings move, and look at how the security has been performin...Read More
Ambarella, HP, and VMware will also reportIt will be an abbreviated week on Wall Street, with markets shuttered Thursday, Nov. 28, and closing early on Friday, Nov. 29, for the Thanksgiving holiday. There's plenty of action for investors to consider, though, with an onslaught of retail earnings slated for release ahead of Black Friday -- the unofficial start to the holiday shopping season. The eco...Read More
Germany's cartel authority said on Thursday it was fining the country'...Read full newsRead More
Cyprus-based investment firm Sycamore Mining on Tuesday signed a pact with Guine...Read full newsRead More
Macy's and BJs Wholesale stocks are lower after earningsThe U.S. stock market is lower at midday, as traders digest a new round of retail earnings, with Macy's (M) and BJs Wholesale Club (BJ) the latest to turn in disappointing results. Wall Street is also waiting on fresh U.S.-China trade updates -- with the latest reports indicating Beijing invited American negotiators to hold face-to-face tal...Read More
Calls are trading at a slightly quicker-than-usual clip on Freeport-McMoRan stockThe shares of mining concern Freeport-McMoRan Inc (NYSE:FCX) are inching lower this afternoon, on the heels of the company announcing it is setting lower treatment charges for 2020. FCX and three Chinese copper smelters are planning on a 23% cut in annual treatment and refining charges next year, which will push the i...Read More
UBS slashed its price target to $48 and cut its rating to "sell" Applied Materials, Inc. (NASDAQ:AMAT) is falling even deeper off Monday's record high of $63.07, down 4.2% to trade at $57.16 after UBS cut the semiconductor stock to "sell" from "neutral," and slashed its target by one dollar to $48. The analyst foresees AMAT's wafer fab equipment run rate contracting in the first half of 2020, putt...Read More
BBBY has had a volatile run since early OctoberShares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) saw a healthy bull gap in early October, just after the company announced Mark Tritton as its new CEO. Since then, the equity has received a handful of bull notes, but quickly backpedaled after revealing an e-mail hacking incident later that month. And although BBBY still clings to a 13% year-to-date gai...Read More
A report from the Wall Street Journal said China may have invited the U.S. to continue trade negotiations in Beijing Stock futures are inching higher this morning, with the Dow signaling a roughly 19-point gain at the open after a new Wall Street Journal report suggested that Chinainvited U.S. officials to its capital to continue trade negotiations during a phone call last week. This follows yeste...Read More
Target stock has had an outstanding year on the chartsJust one day off a blowout earnings report that led to a new record high, Target Corporation (NYSE:TGT) is up 1.3% in electronic trading, continuing its climb higher and set to open at another all-time peak after receiving a fresh round of bull notes. Following last night's close, no fewer than 10 brokerage firms handed out a price-target hike...Read More
South African mining firm AngloGold Ashanti reached an agreement with Guinea...Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry today provides commentary on the U.S. House of Representatives Judiciary Committee approval of the Marijuana Opportunity Reinvestment and Expungement Act of 2019, also called the MORE Act, which if enacted into law would officially remove cannabi...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has received network approval for the Uniden (R) UV350 dedicated in-vehicle smartphone from an additional Tier 1 cellular carrier in the United States. Commercial launch of the UV350 is anticipated shortly with this Tier 1 U.S. cellular carrier.Marc Seelenfreund, CEO of Siyat...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a leader in intelligent content distribution with functional integration to 175 major retailers and their brand suppliers, and EnterWorks (R), the leading provider of Master Data Management (MDM) and Product Information Management (PIM) solutions, today announced their partnership to enable best-in-class cont...Read More