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 Nasdaq is also comfortably higherThe Dow Jones Industrial Average (DJI) is kicking off the week with big gains -- up triple digits at midday -- but is ceding the spotlight to the S&P 500 Index (SPX), which just nabbed a new all-time high of 3,044.08 and is cruising toward its fourth straight win. The Nasdaq Composite (IXIC) is is nearing its own record highs and four-day winning streak, as...Read More

Workers signed a contract outlining a mix of one-time bonuses and three U.S. plant closuresThe General Motors Company (NYSE:GM) strike has come to a close, with workers agreeing to sign a new four-year labor contract, which awards union members part of the 40-day strike a combination of one-time bonuses, and outlines the closure of three U.S. plants. While the strike may be over, the United Auto W...Read More

We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this yearRead full newsRead More

Oct 26, 2019 (HTF Market Intelligence via COMTEX) -- An extensive analysis of the Global Gold Metals market strategy of the leading companies in the...Read full newsRead More

Analysts love RingCentral stockRingCentral Inc (NYSE:RNG) shares recently bounced from the $150 area, near the site of their huge bull gap earlier this month, and today they're trading up 0.5% at $161.41, thanks to a bullish note out of brokerage firm Jefferies. The analyst in coverage says they see a path where the company's annual revenue can top $2 billion, keeping their "buy" recommendation in...Read More

The Paris retailer made a $14.5 billion unsolicited bid for TiffanyTiffany & Co. (NYSE:TIF) stock is red-hot this morning, after Paris-based LVMH made a $14.5 billion buyout bid for the U.S. jeweler. The Louis Vuitton owner's unsolicited offer equates to roughly $120 per TIF share -- a 21.7% premium to last Friday's close at $98.55 per share -- and has the retail stock up 32.4% out of the gate to...Read More

SPOT is on track for its biggest one-day jump everThe shares of Spotify Technology SA (NYSE:SPOT) are up 10% to trade at $132.90 this morning, on track for the best single-session gain ever. The media streaming name reported adjusted third-quarter earnings of 40 cents per share, blowing past the analyst estimates of a 31 cents per share loss. Revenue and premium subscribers also surpassed expect...Read More

CFO Louis Hsieh resigned from the company for personal reasonsThe shares of electric carmaker Nio Inc (NYSE:NIO) are sinking even further into penny-stock territory, amid newsthe firm's chief financial officer (CFO), Louis T. Hsieh, will be resigning from his post for personal reasons. A search for a replacement has been initiated, with Hsieh's resignation taking effect on Wednesday, Oct. 30. The...Read More

YUMC looks to be in recovery mode after a recent fall off its September highsGlobal fast food name Yum China Holdings Inc (NYSE:YUMC) is up 2.3% at $44.58 this morning, after brokerage firm Jefferies initiated coverage with a "buy" rating and $54.60 price target. The target isa 25% premium to Friday's close of $43.57, and top the equity's Sept. 13 annual high of $48.36. The bull note also comes j...Read More

Earnings have been strong this morningU.S. stock futures are trading above fair value this morning, putting the S&P 500 Index (SPX) on pace to hit a record high. Dow Jones Industrial Average (DJI) futures are comfortably in the black, as well, pointing to a roughly 100-point rise at the open, thanks to a strong earnings reaction for blue chip Walgreens Boots Alliance (WBA). Lingering optimism...Read More

The sentiment backdrop still favors a breakout, even with Fed uncertainty in the mix"Even though the SPX failed at resistance levels last week, I still see growing potential for a breakout. First, the headwind of an options-related call ceiling disappeared last Friday with October options expiration. Additionally, looking ahead to November standard expiration, it appears the major SPY call open in...Read More

What a rare AAPL outperformance signal means for the DowThe following is a reprint of the market commentary from the November 2019 edition of The Option Advisor, published on October 25. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.There's been something of a "changing of the guard" going on this quarter among th...Read More

Negotiators have agreed to properly resolve their concerns, Bloomberg reported, with presidents Donald Trump and Xi Jinping aiming to sign a pact in Chile next month.The S&P500 closed up 0.4% on Friday to 3,022.55, near a record high.Meanwhile the gold price remains above US$1,500 an ounce, about $1,504/oz on the spot market, ahead of a US Federal Reserve meeting this week where another rate c...Read More

Jacques kicked off LME Week in London by reflecting on the transformation and disruption in mining in the early 2000s.Read More

The Swedish manufacturer said cancellation of a large machine purchase and the deferral of others saw equipment orders dip 27% in the period, compared with the previous corresponding quarter, with higher equipment service revenues and growth in the attachments and tools business lifting overall revenues, compared with the September 2018 quarter, from SEK9,651 million (US$996 million) to SEK10,158...Read More

(IDEX Online) - AIM-listed mining company BlueRock Diamonds plc has sold a 20.72-carat gem-quality stone recovered from the Kareevlei Diamond mine for $236,000 ($11,389/carat).The company said this was a record price achieved for a single stone. The previousrecord sale was the 24.8-carat stone sold in June 2019 for $190,000 ($7,862/carat).BlueRock executive chairman Mike Houston said the sale cont...Read More

(IDEX Online) - The Gemological Institute of America (GIA) has appointed Mark Buntz as its senior vice president and chief marketing officer to lead its global marketing efforts and drive the future of the GIA brand. He succeeds Kathryn Kimmel, who retired in August after 30 years with GIA. In his new role, Buntz will support the expansion of GIA's education, laboratory services - includ...Read More

(IDEX Online) - Younger consumers are feeling flush this holiday season and look set to increase their spending this year, according to the latest consumer survey from the National Retail Federation."Younger consumers are helping drive the spending increase this year," said Phil Rist, Prosper Insights executive vice president of Strategy. "They're not just spending on their immediate family m...Read More

Aim-listed Botswana Diamonds on Monday announced that its 40%-owned associate Vutomi Mining had been granted a mining permit for the diamond-bearing gravels and residual unprocessed stockpiles around the iconic Marsfontein mine.Vutomi partnered with Eurafrican Diamond Corporate (EDC) to mine and process the identified deposits on both Marsfontein and Thorny River.AdvertisementEDC has started with...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe 2019 programme comprised 10 holes for 7,610m and its US$9.2 million budget was funded by South32 as the third and final payment under an option agreement. Three of the six holes for 4,596m had contained copper mineralisation and were designed as infill holes to the 300m-to-400m step-out holes completed in 2017 and 2018. Highlight...Read More