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

SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app ...Read full newsRead More

Canada's Saracen Mineral Holdings is the buyer.Read full newsRead More

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Read full newsRead More

Oil prices are plummeting todayThe Dow Jones Industrial Average (DJI) is hitting fresh highs today, boosted by big gains for Walt Disney (DIS) stock. However, the upside is modest, as energy giant Chevron (CVX) sells off with oil prices. Specifically, December-dated crude is down 1.8% at $56.71 per barrel. Wall Street is also watching for updates on the U.S.-China trade front, and digesting news o...Read More

URBN has been climbing higher since its mid-August lowsDespite receiving an early morning bull note from RBC to $28 from $23, Urban Outfitters, Inc. (NASDAQ:URBN) is down 2.7% at $30.22 today, potentially sinking alongside its sector peers. URBN may also be in focus for the options market, as the retailer is slated to report third-quarter results after the market close, tomorrow, Nov. 19. Urban...Read More

RACE's 10-day moving average caught its latest pullbackItalian carmaker Ferrari NV (NYSE:RACE) was unable to get a halo lift this morning from sector peer Ford's (F) big electric SUV announcement. At last check, RACE was down 1% to trade at $165.55, but the stock still flashing a bullish signal that could lead to new record highs. More specifically, RACE's recent Nov. 4 record high of $172.88...Read More

HUN stock is in focus this morning following bullish brokerage attentionChemical stock Huntsman Corporation (NYSE:HUN) has been consolidating on the charts since early September, recently finding nice support from the 200-day moving average. While the $24-$25 range -- site of the shares' early 2019 highs -- is certainly on the radar as potential resistance, HUN just snagged a bullish analyst note,...Read More

SPWR is fresh off its eighth straight weekly lossJust a week after SunPower Corporation (NASDAQ:SPWR) was shining amid news of a strategic spin-off, the stock is now down 4.1% to trade at $7.96, after the company launched a public offering of common stock valued at 22 million shares. In response, options traders have perked up this morning.More specifically, in just the first hour of trading toda...Read More

L Brands stock has already shed nearly 30% in 2019Retail giant L Brands Inc (NYSE:LB) was slammed with a set of price-target cuts this morning, adding to its already grim run on the charts. RBC dropped its target price to $21 from $22, while Wedbush slashed its LB price target to $16 from $20. This double dose of bear notes comes just ahead of the company's quarterly report, which is scheduled fo...Read More

Chinese officials are reportedly skeptical a trade deal will be reachedFresh off Friday's 11th record close of 2019 and first-ever trip over 28,000, Dow futures are indicating a slightly negative open this morning after a report indicated Chineseofficials are pessimistic about the prospects of a trade deal with the U.S. More specifically, Beijing is said to be troubled by President Donald Trump's...Read More

Short-covering could potentially keep volatility compressed during the next few months"... [S]tocks have held their own amid a plethora of shorting activity that has pushed total short interest on SPX components to the highest level since June 2018. With a relatively low bar set with respect to earnings, and more clarity on China-U.S. trade, an unwinding of the six-month build in short interest co...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") will release financial and operational results for the third quarter of 2019 after market close on Wednesday November 20, and host a conference call with investors on Thursday November 21, 2019 at 11:00 AM EST (8:00 AM PST).Details of the conference call:Date: Thursday November 21, 2019Time: 11:00 AM EST (8:00 AM...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce a purchase order for $950,000 has been received from a US distributor servicing cellular carriers, first responders and commercial fleets.Marc Seelenfreund, CEO of Siyata Mobile, commented, "This purchase order from a top US distributor demonstrates the growing acceptance of th...Read More

Single-asset company Troilus Gold (TSX: TLG; US-OTC: CHXMF) has updated the resource estimate for its wholly owned Troilus gold project, 170 km north of Chibougamau, Quebec.Indicated resources for the project stand at 159.1 million tonnes grading 0.78 gram gold per tonne, 0.09% copper and 1.19 grams silver per tonne for 3.97 million contained oz. gold, 301.15 million contained lb. copper and 6.07...Read More

Aside from two non-executive directors who put in a combined $230,000, investors participating in the raising pricing new shares at 26c weren't disclosed, with Hartleys, Euroz and Blackwood Capitals the market firms involved.Tietto has been strongly backed because of hits of good-grading shallow ounces in a West African country generally considered to be a stable, investment-supportive jurisdictio...Read More

The Russian nickel major said output would grow by 15-30% to 250,000-280,000 tonnes.Read More

(IDEX Online) - With its publication in Arabic, "The Diamond Terminology Guideline" is now available in 10 languages. The latest version, which was published by the DMCC, ensures unity in diamond terminology across Arabic-speaking countries.The guideline sets a universal standard for the diamond and jewelry trade when communicating about diamonds and laboratory-grown diamonds. It is also designed...Read More

(IDEX Online) - Junior miner Diamcor Mining Inc. has reported net income of C$350,676 ($265,208) for its second fiscal quarter, ended September 30. This compares favorable to a net loss of C$417,368 ($315,646) in the prior fiscal year. Despite the increase in profit, Diamcor saw a drop in sales revenue. The company sold 3882.82 carats of rough diamonds, generating revenues of C$730,962 (...Read More

(IDEX Online) - The National Retail Federation has reported that despite a slowdown in the U.S. economy, consumers are still spending and the important holiday season looks on track to perform better than last year. Retail sales in October increased 0.2 percent seasonally adjusted over September and were up 4.2 percent unadjusted year-over-year. "Despite the gradual slowdown in the U.S. econo...Read More

London-listed Petra Diamonds has effected some organisational changes to help facilitate the rapid execution of its Project 2022 strategy.These changes include a flatter management structure, with mines now reporting directly to CE Richard Duffy.AdvertisementThe company on Friday reported that the restructuring had resulted in the removal of the COO role and that Luctor Roode was, therefore, leavi...Read More