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

Nexus Gold Corp. reports its second phase of prospecting on its McKenzie Gold Project, has now been completed.Read full newsRead More

Both ANAB and DERM are seeing heightened options activityThe U.S. stock market is drifting lower to end the week, as Wall Street waits in limbo for any U.S.-China trade developments. Two stocks stocks making vastly different moves today are skin disease specialists AnaptysBio Inc (NASDAQ:ANAB) and Dermira Inc (NASDAQ:DERM). Here's a quick look at what's moving the shares of ANAB and DERM.ANAB In N...Read More

Bulls are eyeing the $500 and $600 levels on TSLALooking through today's options data, Trade-Alert called out a couple trades in Tesla Inc (NASDAQ:TSLA) this morning that grabbed our attention. Specifically, it looks as though a traders spent roughly $1 million combined buying the June 500 and January 2022 600-strike calls. With TSLA last seen at $335.36, it would need to rally 49% to top $500, an...Read More

WORK earlier nabbed a record lowThe shares of Slack Technologies Inc (NYSE:WORK) are down 1.5% to trade at $19.95, after Wedbush initiated coverage on the software name with an "underpeform" rating. While setting a price target of $14 -- a 31% downside to yesterday's close at $20.34 -- the analyst in coverage cited the threat of Microsoft's (MSFT) Teams application as a growth inhibitor.It's been...Read More

Nov 07, 2019 (Financial News Media via COMTEX) -- FN Media Group Presents Oilprice.com Market Commentary London - November 7, 2019 - 2019 is already on track...Read full newsRead More

Trump said he hasn't agreed to roll back U.S. tariffs on Chinese goodsThe Dow Jones Industrial Average (DJI) started the day trading in positive territory thanks to a big earnings win for Disney (DIS). However, the blue-chip index has since swung lower after President Donald Trump told reporters he has not yet agreed to roll back tariffs on Chinese goods, after word of the potential agreement sen...Read More

Shopify has pulled back to a supportive long-term trendlineShopify Inc (NYSE:SHOP) is moving 2% higher to trade at $291.50 this afternoon, reversing course off its recent trend lower on the charts. SHOP has struggled to make gains since dropping from its Aug. 27 record high of $409.55, most recently when it surprised Wall Street with a third-quarter loss late last month. However, the equity remain...Read More

A Bloomberg report suggests HP is having doubts about Xerox's proposed takeover The shares of HP Inc (NYSE:HPQ) are lower, after a report from Bloomberg came out last evening indicating Xerox's (XRX) bid to take over HP is a cash-and-stock offer of $22 per share. The report also noted some hesitancy from HP, however, with sources familiar with the matter stating that the printing name has some con...Read More

PLNT has reclaimed its 200-day trendline todayA big earnings winner this morning is Planet Fitness Inc (NYSE:PLNT), which reported adjusted third-quarter earnings of 36 cents, on par with estimates. Revenue and same-store sales topped expectations though, and the company upped its fiscal year forecast. In response, PLNT is up 12.1% to trade at $70.29 this morning, on track for its best single-ses...Read More

Call buying has been popular on FL, tooFoot Locker, Inc. (NYSE:FL) has been grinding higher since a disappointing earnings report in August sent them to annual lows near $33, closing yesterday at $46.48. This was the best close since May, and puts the shares comfortably above recent congestion in the $45 area. This morning the retail stock is now up 1%, after a bullish analyst note.Susquehanna thi...Read More

The Dow is signaling a slightly higher open this morning Stock futures are pointing to a mixed open, with the S&P set to cool its heels following yet another record close after a Reuters report noted some hesitancy within the Trump administrationover the mutual U.S.-China tariff repeals discussed earlier this week. Sources suggest there's an internal divide among White House officials over whether...Read More

Goldman Sachs lifted its MTW rating to "buy" from "sell"The shares of Manitowoc Company Inc (NYSE:MTW) are set to open up more than 8%, after the crane manufacturer reported adjusted third-quarter earnings of 54 cents per share, blowing past the 34 cents per-share profit analysts were expecting. This is offsetting a top-line miss, with Manitowoc recording revenue of $448 million for the three-mont...Read More

Disney stock has had a stellar 2019 Shares of theme park and broadcasting beast Walt Disney Co (NYSE:DIS) are up 5.8% in electronic trading, putting the stock on track for its best day in almost seven months. Triggering the boom is Disney's fiscal fourth-quarter results, where the company reported a better-than-expected profit thanks to strong growth from its flagship parks and the film business....Read More

Christopher Lewis8 hours ago (Nov 07, 2019 4:48 PM GMT)Gold markets have fallen a bit during the trading session on Thursday, reaching towards the $1475 level. This is an area that should offer support, but if it does not it’s likely that we will then face support at the $1450 level next. All things being equal, this is a market that should attract a certain amount of buying pressure eventu...Read More

The company's shares were at 14.6p at the start of November. Its current market value is about £34 million.UK stockbroker SI Capital is now IronRidge's sole broker after arranging the placement.CEO Vincent Mascolo said IronRidge was on track to start drilling "multiple targets across our suite of gold projects in Cote d'Ivoire in the near term" and deliver a maiden mineral resource for the C...Read More

Solid prices for coking coal and iron ore, coupled with weak steel prices, have created a challenging environment for steel players in 2019, but the company believes mounting supply tightness willRead More

Swick Mining Services founder and managing director Kent Swick told the company's annual general meeting in Perth, Western Australia, after several years pegged around A$135-140 million of annualRead More

A convoy carrying mine workers was attacked by gunmen, 40km from SEMAFO's Boungou gold mine in the Est region, killing 37 people and injuring a further 60.Read More

Those involved in the build-up to the Kimberley Process (KP) plenary meeting to be held in New Delhi, India, later this month, are experiencing “whirlwind days”, the World Diamond Council (WDC) said in a blog post this week.The KP plenary meeting will open on November 18 and conclude on November 22.AdvertisementWith a range of critical issues as yet unsettled, participants are sharing...Read More

Nordic Mining prepares for lift-offSPONSOREDnordic miningIronRidge derisks through diverse discoveries SPONSOREDironridge resources Polymetal building with good momentumSPONSOREDpolymetal internationalAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftGold's on a tear. Whoops, no it's not, as you get another significant one-day drop. Coking coal look strong. Wr...Read More