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
"Gold's resilience is partially a reflection of the diverse drivers of demand which underpin the wider investment case for gold, alongside its ability to outperform under periods of market stress thatRead More
Aim-listed Firestone Diamonds recorded a solid operational performance at its Liqhobong diamond mine, in Lesotho, in the quarter ended September 30 – the first quarter of its 2020 financial year.However from a market perspective, pricing remained subdued, CEO Paul Bosma said on Wednesday.AdvertisementHe indicated that the company continued to engage with its debtholders to ensure it was able...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe company reported 14% lower copper production year-on-year at 864 million pounds as the giant Grasberg mine in Indonesia continues to transition to underground, and a disappointing performance at Cerro Verde impacted output.The Phoenix, Arizona-based company reported a net loss of US$131 million, or 9c per share for the period, af...Read More
The CEO of WeWork just lit $10 billion on fire. And his lead investor, Japan's SoftBank, paid him $1.7 billion for doing so. The entire world is losing its marbles. This is big business stuff, you know. The kind they talk about on CNBC. People got MBAs for this!Wall Street's darlings are literally companies that make no money. I'm looking at you Spotify and Uber and Lyft and Peloton and, and, an...Read More
Mark Compton, executive director of the American Exploration and Mining Association (AEMA), the national voice for exploration and development sector, reflecting on the various legislative initiativesRead More
Earnings disappointments from McDonald's and Travelers knocked the Dow lower With earnings season at full tilt, a mixed day of of blue chip reports wound up sending the Dow lower during that last hour of trading. The index initially inched higher after Procter & Gamble (PG) and United Technologies (UTX) both posted well-received quarterly reports, but eventually succumbed to disappointing results...Read More
Investigators said Sunday they had arrested several people after five illegally-built dams collapsed at a Siberian gold mine, killing 15 workers.Read full newsRead More
Revival Gold Inc. announces the conclusion of its summer 2019 drilling program at the Arnett and adjacent Beartrack gold projects in Lemhi County.Read full newsRead More
MRK is trading down on rival BMY's successStocks are hovering near breakeven today as traders digest a huge round of earnings releases. Two names to watch today are drugmaker Merck & Co, Inc. (NYSE:MRK) and real estate concern Howard Hughes Corp (NYSE:HHC). Here's what's moving the shares of MRK and HHC today. Options Trades Take Sides on MerckMRK has pulled back 3.6% today to trade at $81.47, fol...Read More
Blonde ?,,? Cannabis Products Sold Out Following September DebutRead full newsRead More
Weekly 10/25 options are flying off the shelves todayThe shares of Biogen Inc (NASDAQ:BIIB) have skyrocketed today, after the company surprised investors with plans to submit its Alzheimer's treatment for regulatory approval in the U.S. Biogen discontinued two late-stage trials of aducanumab earlier this year, but said later data showed encouraging results in memory, language, and orientation amon...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce the addition of two additional revenue-generating Fortune 1000 manufacturing clients based in the United States and acquired through Venzee's previously announced partner engagement sales model. Both clients are marquee name global manufacturers using the Venzee platform for automated and...Read More
Hershey stock has been a strong outperformer on the chartsThe shares of candy king Hershey Co (NYSE:HSY) have been on fire in 2019, up 43% so far this year. After notching an all-time high of $162.20 in early September, the security has taken a breather on the charts, pulling back to support at its 80-day moving average. Against this backdrop -- and considering Wall Street seems late to the prover...Read More
PG and UTX are propping up the Dow todayThe Dow Jones Industrial Average (DJI) is modestly higher at midday, as investors sift through the latest batch of corporate reports. So far, the blue-chip index is shrugging off lackluster earnings from Travelers (TRV) and McDonald's (MCD), and is instead propped up by post-earnings gains from Procter & Gamble (PG) and United Technologies (UTX). Boeing (B...Read More
Local officials open a criminal investigation over reports the dam was built illegally.Read full newsRead More
Credit Suisse slashed its price target on Freeport-McMoRan to $11 from $13The shares of Freeport-McMoRan Inc (NYSE:FCX) are down 1.1% to trade at $9.71, ahead of tomorrow's before-the-open third-quarter earnings report. Credit Suisse already came in with a price target cut to $11 from $13 and slashed its Q3 EBITDA estimate to $610 million, and the analyst predicted that the broader metals and mini...Read More
New report shows private funds raising money for investment in metals and mining came up empty in Q3 and so far this year commitments total a paltry $100m.Read full newsRead More
Unionized miners will hold a day-long strike on Tuesday in a show of solidarity with ongoing protests over the high cost of living and extreme inequality in the country.Read full newsRead More
It's a major shift in sentiment among STMP options tradersStamps.com Inc. (NASDAQ:STMP) stock is near the top of the Nasdaq today, on news the online shipping concern is teaming up with delivery giant United Parcel Service (UPS). The partnership will offer Stamps.com customers up to 55% off daily UPS shipping rates, as UPS attempts to woo small business customers. At last check, STMP shares are up...Read More
UAA options traders could be using calls to hedgeThe shares of Under Armour Inc (NYSE:UAA) are in focus today, after founder and CEO Kevin Plank announced he will step down in 2020. Replacing him will be current Chief Operating Officer Patrik Frisk, who joined the company in 2017 and has been a key part in the retailer's recent three-year transformation plan.The shakeup has Under Armour stock up 1...Read More