The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Precious metals miner Hochschild Mining on Wednesday reported a near 9% jump in ...Read full newsRead More
The bear signal flashing could mean new lows for Exxon Mobil Blue chip Exxon Mobil Corporation (NYSE:XOM) is trading modestly higher today, up 0.2% at $69.24, though continued pressure from its 40-day moving average is thwarting the stock's attempt to break free from its year-to-date lows in the $66-68 region. Another trendline, in the form of the equity's 70-day moving average, is sitting just ab...Read More
The energy name will report third-quarter earnings after next Monday's closeIt's been a relatively quiet stretch for Transocean LTD (NYSE:RIG), per the stock's 30-day historical volatility of 50.3%, which registers in the tame 35th annual percentile. However, that could all change after the offshore drilling contractor steps in the earnings confessional after the market closes this Monday, Oct. 28...Read More
Goldman Sachs is saying Dick's Sporting Goods is now a buyDick's Sporting Goods, Inc. (NYSE:DKS) is trading up 1.5% this morning at $40.50, after Goldman Sachs upgraded its rating on the retailer to "buy" and set a $45 price target, which represents two-year-high territory for the shares. This comes as the options market has also been changing its tune on DKS, with call buying picking up in recent...Read More
RBC set a Street-high price target on NVDA stockRBC Capital raised its Nvidia Corporation (NASDAQ:NVDA) price target to $251 from $217 -- the highest on Wall Street, and a 27.5% premium to last night's close at $196.86. Analyst Mitch Steves pointed to Intel earnings, which showed strong data center demand, and he believes NVDA will likely experience higher growth relative to [central processing un...Read More
Verizon announced third-quarter earnings and revenue that topped analysts' expectations It was Verizon Communications Inc's (NYSE:VZ) turn to step into the earnings confessional this morning, reporting adjusted third-quarter earnings of $1.25 per share, and total revenue of $32.89 billion -- both of which beat analysts' estimates. The U.S. wireless carrier also boasted growth in subscribers that t...Read More
The chip stock is swimming in price-target hikes this morningTechnology powerhouse Intel Corporation (NASDAQ:INTC) is making notable moves this morning, already up 3.2%, to trade at $53.89. The Microsoft (MSFT) rival reported a third-quarter beat and simultaneously raised its full-year revenue guidance, with added comments from Chief Financial Officer George Davis saying the company saw no need t...Read More
Most in the analyst community are already skeptical of BUDA big earnings loser this morning is Anheuser-Busch Inbev NV (NYSE:BUD), after the beermaker's third-quarter numbers disappointed the Street. In addition, the company trimmed its profit growth forecasts, citing slower beer sales in Brazil and South Korea.All of this has Anheuser Busch stock down 8.3% this morning at $84, in what would be...Read More
Amazon's dismal earnings showing is weighing on U.S. marketsU.S. stocks are gearing up for what's looking like a mostly lower open this morning. Dow Jones Industrial Average (DJI) futures are modestly below fair value as traders have another full slate of earnings to consider, including quarterly results from Intel (INTC) and Amazon.com (AMZN), the latter of which is moving sharply lower before th...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), in support of a strategic shift to an enterprise selling model, Venzee has announced the appointment of Peter Montross, Markus Westerholz, and Sean Copeland to its Board of Directors. The group joins Dan Wilkinson and John Abrams - both previously named to the Venzee board.To accommodate these changes, Venzee h...Read More
SolGold has discovered a new copper-gold-silver-molybdenum porphyry system at its wholly owned Cisne Loja project in southern Ecuador. The company says it found mineralized outcrops that indicate the presence of a new polymetallic porphyry system with outcropping porphyry-style copper, gold, silver and molybdenum-rich mineralized veining over an area of 2 km by 1 kilometre.SolGold says the minera...Read More
"We got what we paid for," CEO Graham Kerr said at the meeting in Perth, Western Australia, suggesting a "slightly promotional" zinc-lead-silver resource put on the main Taylor project by the previousRead More
Still, Rio's Frenchman who says he is British will bring his usual Gallic flourish to the day, making it all the more bearable for those who will be a day older when it's all said and done but notRead More
Diamond-producing countries on the African continent received about $8.1-billion in 2018, or 9.5% of the $85.9-billion worth of revenues generated from the sale of diamond jewellery, and some still may consider that an insufficient share, World Diamond Council (WDC) president Stephane Fischler told delegates attending the Russia-Africa Summit in Sochi, Russia, earlier this week.He stressed t...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesProduction from Katanga rose by 13% quarter on quarter to 59,400 tonnes, while a shutdown at one of the copper smelters at Mopani saw output at the mine plummet from 10,300t in Q2 to 1,200t in Q3.Read More
Polymetal building with good momentumSPONSOREDpolymetal internationalMather told the Gold and Alternative Investments Conference in Sydney that SolGold was the "most important company to evolve in the past 10 or 20 years".Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThat's in addition to the group's 2019-20 spend of $30 million across its Australia and US holdings, with the former looking for a repeat of the miner's highly profitable DeGrussa copper-gold mine in Western Australia's Bryah Basin. Golden Mile goes back to the futureSPONSOREDgolden mile resourcesSimich said the addition of MOD'...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftTo help it get there, it would eliminate up to 500 permanent jobs, "some of which we exp...Read More
Between 2000 and 2017 deaths from heart disease have decreased 9% while deaths from alzheimer's have increased 145%.According to the Alzheimer's Association, an estimated 5.8 million Americans of all ages are living with Alzheimer’s dementia in 2019.By 2050, the number of people age 65 and older with Alzheimer's dementia may grow to a projected 13.8 million, barring no medical breakthroughs...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftWell so much for that World Cup. It was fun while it lasted but, in the end, we got abou...Read More