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 exercise specialist will report earnings tomorrow morningPeloton Interactive Inc (NASDAQ:PTON) is slated to take its inaugural turn in the earnings confessional as a publicly traded company before the market opens tomorrow, Nov. 5. The options market is pricing in a volatile earnings reaction, with the implied earnings deviation for PTONlast seen at 19.7%, and speculators are taking positions...Read More

At least four analysts have lifted their price targets on Alibaba stock The shares of Alibaba Group Holding Ltd (NYSE:BABA) are up 2.9% to trade at $181.56, and just hit a one-month high of $182.40 earlier today, following a flurry of analysts notes. At least five brokerages lifted their price targets, includingBofA-Merrill Lynch and J.P. Morgan Securities, which raised their estimates to $234 an...Read More

Angkor Resources Corp. CEO Stephen Burega is pleased to announce the results of a drill program at its Koan Nheak license.Read full newsRead More

Authorities in India's capital New Delhi banished from the roads cars with ...Read full newsRead More

Lignite and bituminous coal produced 50% less energy than renewables in Germany during the first three quarters of 2019.Read full newsRead More

Tsingshan Holding Group is now making waves in a different market: the London Metal Exchange.Read full newsRead More

WWE shares have been crushed in the second half of 2019World Wrestling Entertainment, Inc. (NYSE:WWE) stock has been selling off since its peak above $100 back in April, including last week's bear gap from the $66 regionto below $57, and today the shares are adding to these woes. The stock is trading down 3% at $54.27, after Wells Fargo cut its price target to $80 from $94 and said the company has...Read More

The pharma stock could hit record highs soonDrugmaker Zoetis Inc (NYSE:ZTS) will report earnings before the open this Thursday, Nov. 7. While the shares of ZTS have already added more than 46% so far in 2019, and touched a record high of $130.20 in mid-October, the stock is once again flashing a historic buy signal -- suggesting more upside could be in store before year's end.Specifically, Zoetis...Read More

Wells Fargo is bullish on Marvell's 5G potentialA chip stock to keep an eye on is Marvell Technology Group Ltd. (NASDAQ:MRVL), for a lot of reasons. For starters, MRVL is up 5% to trade at $26.36 today, after Wells Fargo upgraded it to "outperform" from "market perform" and hiked its price target to $32. Plus, the stock recently pulled back to the 160-day moving average, which historically been a...Read More

The Dow is brushing off a big loss for MCD stockThe Dow Jones Industrial Average (DJI) is trading up triple digits at midday, brushing off a big drop for blue chip McDonald's (MCD). The fast food stock was last seen down 2.5% on the unexpected ouster of CEO Steve Easterbrook. Instead, investors are reacting to upbeat U.S.-China trade buzz, which has the Dow, S&P 500 Index (SPX), and Nasdaq Compos...Read More

AMRN is ripe for downgradesBiopharmaceutical name Amarin Corporation plc (NASDAQ:AMRN) has had a volatile year on the charts. Stuck in a series of higher lows since early August, the AMRN isfailing to fully recover from two drastic bear gaps seen earlier this year. While the $14 has cushioned drastic pullbacks of late, AMRN looks to be once again approaching a key level -- one which tends to ha...Read More

Jefferies thinks the stock's risk/reward is fair at current levelsJefferies downgraded Papa John's International, Inc. (NASDAQ:PZZA) to "hold" from "buy," but left its $58 price target intact. The brokerage firm said "material upside" to sales seem unlikely given increased competition in the pizza delivery space, and believes that while same-store sales will improve in coming quarters, this is alr...Read More

CEO Steve Easterbrook was ousted after the board deemed a consensual relationship he was having with an employee inappropriate The shares of McDonald's Corp (NYSE:MCD) stock are trading lower this morning after the company fired its Chief Executive Officer Steve Easterbrook for a consensual relationship with another employee that the board deemed inappropriate. Easterbrook in an email said the rel...Read More

OKE is still 8% off its mid-September peakNatural gas specialist ONEOK, Inc. (NYSE:OKE) is moving higher in today's trading, last seen up 1.1% at $71.05. The equity is enjoying an upgrade to "buy" from "neutral" and an $81 price target at Goldman Sachs. Coming on the heels of a respectable third-quarter report last week, analyst Michael Lapides said his outlook for 2020 through 2022 represents a...Read More

The chip stock has found support at its 10-day moving averageThe shares of Nvidia Corporation (NASDAQ:NVDA) are up 2% to trade at $206.61 today, enjoying a price-target hike to $200 from $165 at Craig-Hallum. That's two bull notes in as many weeks for the chip stock, and has NVDA already erasing last week's 1% decline. Nvidia stock took a nice bounce off the $170 region in late September, and ha...Read More

Hopes that U.S. companies will soon be able to sell to Huawei is sending stocks higher this morning Dow Jones Industrial Average (DJI) futures are signaling a record high today, up more than 100 points in pre-market trading after Commerce Secretary Wilbur Ross on Sunday confirmed that U.S. companies would be granted licenses to do business with Huawei in the near future. The S&P 500 Index (SPX)...Read More

The U.S. Justice Department and SEC are investigating Under ArmourUnder Armour Inc (NYSE:UAA) stock is sinking in electronic trading -- down 13.4%, at last check -- on news the athletic apparel retailer is being investigated by U.S. federal regulators over possible accounting fraud. The Wall Street Journal initially reported on the probe, which is being conducted by the Justice Department and the...Read More

Allogene Therapeutics has received many bull notes since going public last yearCAR-T therapy has been the big thing in oncology in recent years, and one name at the forefront of the immuno-oncology movement is Allogene Therapeutics Inc (NASDAQ:ALLO). In fact, Canaccord Genuity came out with a note this morning praising the company, saying its allogeneic CAR-Ts could be a market leader in the allog...Read More

Potential support resides at prior highs, which coincided with previous Fed rate cuts"A couple of factors that could be supportive of stocks in the weeks ahead is the contrarian implications of low earnings expectations as we move into earnings season. And, since late April, when the SPX was trading around 2,950, short interest on SPX component stocks is up nearly 11%..."-- Monday Morning Outlook,...Read More

The Northern Miner hosted its third annual Progressive Mine Forum in October. During the event, Tony Makuch, president and CEO of Kirkland Lake Gold (TSX: KL; NYSE: KL), sat down with Northern Miner publisher Anthony Vaccaro for an in-depth fireside chat in front of an audience at the MaRS Discovery District in downtown Toronto. The following is an edited transcript of the discussion. The followin...Read More