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

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it will be filing its Q3 2019 financial results on Thursday November 14th, 2019 and will be hosting a conference call to discuss these results on Friday, November 15th at 9:00 AM EST (6:00 AM PST). Conference call details are set out below.Marc Seelenfreund, CEO of Siyata Mo...Read More

Just one analyst recommends buying the stock, making it ripe for upgradesHomebuilding stocks have been one of the strongest groups in 2019, and Toll Brothers Inc (NYSE:TOL) has been no exception. The shares are up more than 24% in 2019, holding near annual-high territory, yet the sentiment picture remains extremely bearish -- setting up an ideal situation for contrarian bulls.The easiest place to...Read More

A historically bearish signal has flashed for X, just ahead of its third-quarter earnings reportThe shares of United States Steel Corporation (NYSE:X) are edging back down towards their three-year lows at the $10 level, off 1.2% at $12.12 at last check, after the stock's 100-day moving average thwarted its latest attempt at a rally. This puts X at a 32.9% year-to-date deficit, just ahead of its th...Read More

MRK and PFE are propping up the Dow todayThe Dow Jones Industrial Average (DJI) is slowly climbing at midday, as Wall Street weighs the latest batch of corporate reports and economic data. The blue-chip index is shaking off an October dip in consumer confidence, and is instead being propped up by encouraging earnings reports from pharmaceutical giants Pfizer (PFE) and Merck (MRK). The S&P 500 I...Read More

South African miner AngloGold Ashanti said on Monday that it expects its full-ye...Read full newsRead More

It's a busy week for FAANG earningsIt's the thick of earnings season, and FAANG stocks will be in focus this week. In today's trading, Wall Street is reacting to Alphabet's (GOOGL) earnings report. Looking ahead, Apple (AAPL) and Facebook, Inc. (NASDAQ:FB) are scheduled to tell all in the earnings confessional after the market closes tomorrow, Oct. 30, and the options market is pricing in a bigger...Read More

Short-term traders were very put-heavyXerox Holdings Corp (NYSE:XRX) is gaining 15% this morning to trade at $35.41, thanks to the company's third-quarter earnings beat and upwardly revised full-year profit outlook. This price action has XRX stock jumping above the 200-day moving average and testing the site of the July earnings bear gap. Xerox had moved lower following the last two earnings relea...Read More

The faux meat maker's lock-up period expiredIt was Beyond Meat Inc's (NASDAQ:BYND) third time stepping into the earnings confessional as a public company, and the stock is experiencing a steep sell-off in the wake of the results. While the plant-based burger name posted a third-quarter profit of 6 cents per share on $91.96 million in revenue -- both of which exceeded analysts' estimates -- and l...Read More

Analysts have been quick to chime in after GRUB earningsGrubHub Inc (NYSE:GRUB) reported third-quarter adjusted earnings of 27 cents per share -- in line with the consensus estimate -- on $322 million in revenue, well below the $330.5 million analysts were expecting. The company also gave lower-than-anticipated current-quarter guidance amid rising competition in the food delivery space. In a lette...Read More

U.S. stock futures are trading just below fair valueWith earnings dominating the headlines again, Dow Jones Industrial Average (DJI) futures are trading below fair value this morning. Futures on the S&P 500 Index (SPX) are also pointing to a lower open for stocks, as the broad-market index looks set to cool after yesterday's record high. Alphabet's (GOOGL) poorly received earnings update is one re...Read More

SBUX's recent pullback has found supportAt least one analyst is expecting big things from Starbucks Corporation (NASDAQ:SBUX) in the earnings confessional this week. The coffee chain is set to report third-quarter results after the close tomorrow, Oct. 30, and KeyBanc envisions strong same-store sales growth of 5%, above the consensus view of 4.5% growth. The analyst also does not think the U.S.-C...Read More

Traders are dumping capital into the 2x VIX futures tracker as fast as TVIX can burn it upEveryone loves a good underdog story, and Wall Street investors are of course no exception -- but in the case of the VelocityShares Daily 2x VIX Short-Term ETN (NASDAQ:TVIX), some traders are simply taking this trope too far.The exchange-traded note (ETN) is one of those leveraged volatility products that you...Read More

The Developer of the Year award highlights the importance of a recent mineral discovery that has had a ripple effect on it or other exploration activities.Read full newsRead More

Key North American market futures were buoyant after the S&P500 touched a record 3,041.81 intraday, boosted by the firming possibility of a US-China trade deal, further positive earnings and the prospect of another interest rate cut this week.On the other side of the pond, the FTSE100 closed slightly higher as the European Union agreed to extend the Brexit deadline.Palladium earlier hit US$1,8...Read More

The LME unveiled its responsible sourcing requirements on Friday after picking through feedback to a consultation document it put out in April.Read More

However the CEO of Northern Dynasty Minerals' (TSX: NDM) subsidiary said it was clear sworn opponents of the project were "alarmed at the steady progress Pebble continues to make" towards a final federal environmental impact statement and Record of Decision from the US Army Corps of Engineers.Northern Dynasty describes Pebble as the most significant undeveloped copper and gold resource in the worl...Read More

(IDEX Online) - Tiffany & Co. has confirmed it has received an unsolicited, non-binding proposal from LVMH Moet Hennessy - Louis Vuitton to acquire it for $120 per share in cash.The luxury jeweler said that while the two sides are not in discussion, its Board of Directors is reviewing the proposal to determine the best course of action for the company and its shareholders. According to a...Read More

(IDEX Online) - New research by the De Beers Group in its latest Diamond Insight Report reveals the increasing role women are taking in purchasing engagement rings. According to the research, the share of U.S. women buying their own engagement ring doubled from 7 percent to 14 percent within a five-year period.The research also found that when women buy their own diamond engagement ring they spend...Read More

(IDEX Online) - Diamond explorer Botswana Diamonds has announced that its associate Vutomi Mining Pty Ltd has received a mining permit for the iconic Marsfontein Mine. The permit covers the mine's diamond-bearing gravels and unprocessed stockpiles.The mine, which comprises a kimberlite blow, operated for two years in the late 1990s with a pay-back of its entire development cost in less than f...Read More

LONDON - Anglo American unit De Beers said its 2019 marketing budget will exceed last year's figure of $170-million and will focus on the biggest market the United States, where women lavishing diamonds on themselves has boosted sales.While US demand has held firm, the diamond market has weakened elsewhere and trade tensions and protests in Hong Kong have dented sales in China, the second larg...Read More