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
Contact Gold Continues to Advance Pony Creek Project, NevadaRead full newsRead More
Blue Star Gold Corp. is pleased to announce the first analytical and assay results for the 2019 drill program on the Company's Hood River concessions.Read full newsRead More
KatoroGold (LSE:KAT) jumped by 10pc to 1.1p a share on Tuesday afterfurtheroutlining the exploration potential of its Haneti project inTanzania. The firm said the project, which covers c.5,000km2, is apolymetallic system with identified potential for both nickelsulphides and laterites, platinuRead full newsRead More
The brokerage firm thinks the gun stock is attractively pricedThe U.S. stock market is soaring today on positive U.S.-China trade buzz. Among individual stocks making big moves is travel name American Airlines Group Inc (NASDAQ:AAL), gun maker American Outdoor Brands Corp (NASDAQ:AOBC), and steel producer United States Steel Corporation (NYSE:X). Here's a quick roundup of what's moving the shares...Read More
Plus, Dave & Busters options are attractively priced at the momentThe shares of Dave & Buster's Entertainment Inc (NASDAQ:PLAY) are down 0.6% to trade at $40.74 today. Amidst a relatively quiet session though, PLAY's typically quiet options pits have come to life, with a strong slant toward calls. With around two hours left in trading today, more than 2,600 calls have changed hands today, double...Read More
These three alternatives have seen very different levels of performance.Read full newsRead More
1933 Industries Inc. is a vertically integrated cannabis company with operations in the United States and CanadaRead full newsRead More
There are a number of potential market-moving events on the calendar this monthOctober's set to be a busy month, with plenty of potential market-moving events on the docket. While high-level U.S.-China trade talks are set to resume tomorrow, Oct. 10, third-quarter earnings season is poised to kick off next week when big banks -- including JPMorgan Chase (JPM) and Goldman Sachs (GS) -- step up to t...Read More
The Fed's latest meeting minutes will be released at 2 p.m. ET todayThe Dow Jones Industrial Average (DJI) is on the rebound today, up triple digits on renewed optimism that a trade deal with China is imminent. A day before the two superpowers are set to hold high-level talks in Washington, D.C., a Bloomberg report indicated China is open to a partial trade deal, provided the U.S. doesn't impose...Read More
The firm said Monolithic Power Systems stock is a "strong sell"A scathing note from Spruce Point Capital Management this morning has sent the shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) falling down the charts. The short seller issued a "strong sell" rating and predicted 75% to 85% downside risk for the chip stock, citing "too many red flags to ignore," and said hopes for a takeover are...Read More
Armenian villagers are locked in what they say is a David-and-Goliath style battle for the environment and their livelihoods, standing guard around the clock to protect their land from a multinational mining company.Protesters say planned gold mining in the south will not only pollute drinking waterRead full newsRead More
QGEN shares just touched a new lowLife-sciences stock Qiagen NV (NYSE:QGEN) was one of the worst performers on Wall Street on Tuesday, losing more than 20% after the company's disappointing quarterly sales update and news its CEO was stepping down. Bearish analyst notes continue to roll in, with Deutsche Bank downgrading its opinion to "hold" last evening, while Cowen dropped its price target to $...Read More
The brokerage firm said increased competition creates risk for the Roomba makerThe shares of iRobot Corporation (NASDAQ:IRBT) are down 9.4% at $52.02, after Raymond James downgraded the stock to "underperform" from "market perform," citing expectations for "robot wars," with rising competition "peeling back prices at the high end." This will likely increase pricing pressure on the Roomba maker, th...Read More
ROKU's recent pullback found a cushion at the $100 levelAlmost three weeks ago, Pivotal Research called Roku Inc (NASDAQ:ROKU) "overvalued" and said it's time to sell the streaming stock. Today, Macquarie is singing a different tune, raising its rating to "outperform" and hiking its price target to $130 from $110. The analyst in coverage sees an international shift in cord-cutting, and combined w...Read More
The firm posted third-quarter earnings and revenue that exceeded analysts' estimates, though The shares of denim maker Levi Strauss & Co. (NYSE:LEVI) are slightly lower after last night's earnings report. The firm reported third-quarter profits of 31 cents -- beating analysts' estimates of 28 cents per share -- and revenue of $1.45 billion, which also exceeded expectations. LEVI did report a decli...Read More
Bloomberg is reporting China is open to making a dealDow Jones Industrial Average (DJI) futures are soaring above fair value this morning, thanks to upbeat trade headlines. Specifically, Wall Street is reacting to a Bloomberg report suggesting China is willing to accept a partial trade deal if the U.S. doesn't impose more tariffs. In response, trade-sensitive names like Apple (AAPL) and Caterpilla...Read More
Gold and nickel look set to be winners, while coal, iron ore and zinc may struggle, the bank said.Read full newsRead More
Implats said the transaction wouldRead full newsRead More
Two of our favorite sentiment surveys are historically far apart Two popular sentiment surveys that we follow are showing vastly different outlooks for investors. You would expect some optimism given that the S&P 500 Index (SPX) is up 15% on the year and less than 5% away from its all-time high. The sentiment survey done by Investors Intelligence (II) shows optimism just as one would expect. The s...Read More
"The trade war is only becoming more complex, all of the sudden encompassing issues related to capital markets, moral concerns, and cultural institutions. For markets, this is complicating an already complicated situation," IG market analyst Kyle Rodda tweeted this morning.Meanwhile the US and Japan yesterday signed two new trade agreements.Gold has bobbed back up over US$1,500 an ounce to $1,507/...Read More