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

The stock market at all-time highs feels good. Your account should be swollen. I hope it's not an infection.What we do here is only a piece of the larger puzzle. You won't see me writing about low-cost Vanguard Admiral shares here, but stuff like that should be the anchor of your overall portfolio. Here, we do hard assets, wealth protection, and contrarian commentary and ideas. That last part...Read More

The president blasted the Fed for keeping interest rates too highThe Dow spent most of the day in positive territory, but ran out of steam down the stretch to finish flat. The S&P 500 and Nasdaq were also strong early on, hitting record highs, but pared these gains into the close. Investors monitored an afternoon speech from President Donald Trump, who said China has cheated the U.S. on trade in t...Read More

Silver Spruce Resources Inc. is pleased to announce the receipt of the initial batch of sample assays from its October 2019 field due diligence program.Read full newsRead More

FDA staffers' review of Amarin's Vascepa is being well-received by Wall StreetThe S&P 500 and Nasdaq are trading at new highs today, as investors digest a speech from President Donald Trump at the Economic Club of New York. Among three stocks making notable moves higher today are IT specialist DXC Technology Co (NYSE:DXC), factory automation equipment maker Rockwell Automation (NYSE:ROK), and bio...Read More

Options volume is high on DIS, ROKU, CBSWalt Disney Co (NYSE:DIS) is trading higher today as its Disney+ streaming service launches, last seen up 1.4% at $138.70, even though the company said stronger-than-expected demand for the service resulted in a number of glitches for users. Either way, options volume has picked up amid the buzz, with calls crossing at three times the pace expected.The most...Read More

Golden Predator is pleased to announce tests have successfully confirmed that EnviroLeach Technologies's formula effectively extracts and recovers gold.Read full newsRead More

The president's address is scheduled for middayThe Dow Jones Industrial Average (DJI) is up modestly at midday, getting a lift from Walt Disney (DIS) stock, which is higher amid the launch of the Disney+ streaming service. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are cautiously higher, too -- tagging new record highs earlier -- as traders look toward today's speech from President Donald...Read More

Low implied volatility is also something to monitor on GRMNGPS specialist Garmin Ltd. (NASDAQ:GRMN) has been on a tear up the charts this year, already tacking on more than 50% year-to-date. Also fresh off a late-October post-earnings bull gap that lead to the stock's nearly 12-year high, the equity is looking unstoppable. Plus, the company's plans to roll out an automatic emergency landing syste...Read More

BMO sees "further upside" for Skyworks Solutions stockWith its fiscal fourth-quarter earnings due out after the close tonight, chipmaker Skyworks Solutions Inc (NASDAQ:SWKS) is getting plenty of attention today. The stock just hit a 16-month high of $102.40 earlier, and is now up 1.2% at $101.62 following a price target hike to $120 from $100 at BMO. The analyst cited sector peer Qorvo's (QRVO) we...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Company has entered into an agreement with PI Financial Corp. (the "Underwriter") for a bought deal private placement to raise aggregate gross proceeds of C$3.50 million (the "Offering" or the "Brokered Financing") and a non-brokered private placement of Units (as defined below) (the "Non-Brokered Fi...Read More

Whisper it softly, but there are the very first signs that funds are turning mor...Read full newsRead More

Yageo group said it would buy Kemet in a $1.58 billion deal A buyout proposal from Taiwanese sector peer Yageo Corp has the shares of electronic components maker Kemet Corporation (NYSE:KEM) up 10.8% at $25.60 -- eyeing a fresh yearly high. Specifically, Yageo said it plans on purchasing Kemet for $1.58 billion, or $27.20 per share -- a roughly 18% premium to KEM's Monday close -- in hopes of expa...Read More

This is the second time a trial for the therapy has been placed on clinical hold in 2019The worst stock on the Nasdaq this morning is Solid Biosciences Inc (NASDAQ:SLDB), down 69.2% to trade at $3.39, and earlier hitting a new record low of $3.15. This comes after a trial for the drugmaker's therapy for Duchenne muscular dystrophy was put on clinical hold by the Food and Drug Administration (FDA)...Read More

Deutsche Bank just became the latest firm to raise its view on KR sharesComing into the quarter we highlighted Kroger Co (NYSE:KR) and its 320-day moving average, a trendline that was acting as resistance. After the stock broke out last week thanks to the company's well-received analyst day -- where it released a strong full-year outlook -- this moving average may have switched roles, acting as su...Read More

DIS stock is pointed higher as Netflix rival Disney+ makes its debutStock futures are tentatively higher ahead of President Donald Trump's speech later today at the Economic Club of New York, which Wall Street will undoubtedly be dissecting for any indicator on the status of trade between the U.S. and China. This comes after yesterday's Boeing rally offset Trump's earlier pessimism about China tar...Read More

When the mid-cap index takes on 2,000, stocks tend to sell off hardStarting in early July, the S&P 500 Index (SPX) spent several long months churning sideways beneath a pair of round-number "pressure points" that proved extremely challenging to move past. The first of these was the "mega round" 3,000 millennium level, and the second was the 20% year-to-date return level at 3,008. Both of these wer...Read More

David Becker5 hours ago (Nov 11, 2019 8:10 PM GMT)Gold prices edged lower on Monday, and showed little energy to bounce following a sharp drop on Friday. US yields also remain elevated following a surge on Friday and the dollar consolidated its recent gains. The strong showing in US yields put downward pressure on the greenback, and weaker than expected data in the UK did little to help ease deman...Read More

Ole Hansen14 hours ago (Nov 11, 2019 10:51 AM GMT)Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.The below summary highlights futures positions and changes made by hedge funds across 24 commodities futures up until last Tuesd...Read More

There will be economic indications later this week with both the US and China set to release retail sales figures, Bloomberg noted.Metals and mining stocks were down a collective 2.7% in London yesterday, where most base metals also closed lower on the London Metal Exchange.Glencore (LSE: GLEN) closed down 3.5%.The big mover among Toronto's gold equities was Semafo (TSX: SMF), which plunged a furt...Read More

The company had forecast iron ore sales of 307-332 million tonnes following the fatal Brumadinho tailings dam disaster in Minas Gerais state in January. It had outlined iron ore production guidance of 400Mt for 2019, at its Vale Day presentation in London last December.The company then warned last month the Itabiruçu stoppage and revision of its sales plan meant iron ore and pellet sal...Read More