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
Drilling for the first time south of ROBINO gold showing on large AU33 gold project, DIOS hits some 80 m of fractured brecciated altered tonalite.Read full newsRead More
Draya Michele's clothing line with superdown is guaranteed to sell out. Find out all of the details on the influencer-approved affordable clothing collection.Read full newsRead More
Meanwhile, sale talk has AYR shares running red-hotThe U.S. stock market is mixed today, as Wall Street sifts through a deluge of earnings reports. Among individual names making notable moves today is weed stock Tilray Inc (NASDAQ:TLRY), aircraft issue Aircastle Limited (NYSE:AYR), and semiconductor processing equipment specialist Lam Research Corporation (NASDAQ:LRCX). Here's a quick roundup of w...Read More
RSX is trying to push through the $24 regionThe VanEck Vectors Russia ETF (RSX) has been in focus multiple times in 2019, due to geopolitical developments, and the exchange-traded fund (ETF) is again making a big move today. RSX was last seen trading up 1% at $23.83, pacing for its best close in a month, likely thanks to buzz around Russia's agreement with Turkey to share Syrian territory, followi...Read More
October 21, 2019: Mitchell Smith posted an article on LinkedInRead full newsRead More
Ford is lower after trimming its full-year guidanceWhile Tesla (TSLA) shocked the auto world with its earnings beat yesterday evening, Ford Motor Company (NYSE:F) hasn't been so lucky. Ford shares are down 7% to trade at $8.56, after the carmaker cut its full-year earnings forecast, citing weak demand in China and higher warranty costs. Also weighing on Ford is a 50-cent price-target cut to...Read More
Seahawk Ventures Inc. (CSE: SHV) is pleased to inform shareholders on the company's exploration activities in the Urban-Barry Gold Camp where Osisko Mining and Bonterra Resources continue to report impressive high grade gold intersections from their ongoing diamond drill programsRead full newsRead More
The retailer will report fiscal second-quarter earnings tomorrow morningOptions traders are blasting VF Corp (NYSE:VFC) today, as the retailer gets ready to report earnings tomorrow morning. At last check, 7,527 puts were on the tape, 37 times what's typically seen at this point, and a new 52-week peak. Call traders are busy, too, with around 2,400 contracts exchanged, quadruple the expected intra...Read More
Nexus Gold Corp. (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to provide an update regarding the proposed November drill program at it's 100%-owned Dakouli 2 gold concession, located in Burkina Faso, West Africa.Read full newsRead More
Sally Beauty has been suffering long term on the chartsShares of Sally Beauty Holdings, Inc. (NYSE:SBH) are down 1.2% at $16.20 this afternoon, reversing course after two-day climb up the charts, and a recent lift off their early September lows. Today's pullback may not be one-off, however, as data from Schaeffer's Senior Quantitative Analyst Rocky White, suggests a long-term bear signal may be f...Read More
Great Bear reported its intention to create and spin-out a two percent Net Smelter Royalty on potential future mineral production at the Dixie property.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has launched the Company's flagship Push-to-Talk LTE Uniden (R) UV350 in-vehicle device that is integrated with Nova Talk, a leading enterprise PoC solution for instant communication.The UV350 provides its enterprise customers with the first ever dedicated in-vehicle Push-to-...Read More
3M's earnings report is weighing on the DowThe Dow Jones Industrial Average (DJI) is lower at midday, but has pared a triple-digit deficit at its session lows, as a dismal earnings report from 3M (MMM) offsets well-received quarterly reports from Microsoft (MSFT) and Dow Inc (DOW). The S&P 500 Index (SPX) is sitting just above breakeven, while the Nasdaq Composite (IXIC) is confidently higher...Read More
Facebook and Alphabet will also report earnings Traders are gearing up for another busy few days of earnings, with Apple's (AAPL) quarterly report due right in the middle of the week. Fellow tech concerns Alphabet (GOOGL) and Facebook (FB) are also set to release their numbers, while reports from names like Merck (MRK) and Bristol-Myers Squibb (BMY) will put the healthcare sector in focus. The eco...Read More
Analysts are calling Neovasc and PDS Biotechnology a "buy"Penny stocks Neovasc Inc (NASDAQ:NVCN) and PDS Biotechnology Corp (NASDAQ:PDSB) are both on analysts' radars today, and soaring as a result. Specifically, H.C. Wainwright initiated coverage on Neovasc with a "buy" rating and a price target of $9 -- almost triple yesterday's close at $3.61. Likewise, Chardan initiated coverage on PDS Biotech...Read More
The study has 19 previous examples to take from, tooUnion Pacific Corporation (NYSE:UNP) has been strong in recent weeks, and today the shares have moved above the $170 level, last seen up 0.2% at $170.45. From a longer-term perspective, the stock recently pulled back to the 10-month moving average, which historically been a good time to go bullish on the freight concern. Schaeffer's Senior Quanti...Read More
Draya Michele's clothing line with superdown is guaranteed to sell out. Find out all of the details on the influencer-approved affordable clothing collection.Read full newsRead More
J.P. Morgan Securities downgraded the stock to "underweight"Shares of Acorda Therapeutics Inc (NASDAQ:ACOR) are plunging this morning, already down 13.9% to trade at $2.33. Acorda issued a double-whammy last night,sharing its corporate restructuring plan -- which includes a 25% cut to its workforce -- and unveiling lackluster third-quarter sales of Inbrija, its Parkinson's drug. As such, ACOR was...Read More
TSLA is on track for its best day since January 2012One of the top earnings winners this morning is Tesla Inc (NASDAQ:TSLA). The electric car concern reported adjusted third-quarter earnings of $1.86 per share, blowing past the estimated loss of 42 cents per share. The surprise profit beat was enough to overshadow a revenue miss, while CEO Elon Musk detailed a cheaper SUV rollout and revealed Tes...Read More
eBay predicted weaker-than-expected revenue for its fourth quarter The shares of eBay Inc (NASDAQ:EBAY) are eyeing four-month lows today, following a sub-par earnings report. While its reported earnings per share of 67 centsand $2.65 billion in revenue beat analyst estimates, the e-tailer predicted weaker-than-expected revenue for the holiday quarter. The forecast has analysts swarming thestock. S...Read More