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

Aurex Energy Corp. today announced that it has signed a letter of intent to enter into a joint venture, with a private arms-length third-party.Read full newsRead More

The U.S. is reportedly still trying to limit capital flows to ChinaThe Dow Jones Industrial Average (DJI) is getting shelled today -- heading toward its second straight loss -- as the prospects of a U.S.-China trade resolution later this week fade. The blue-chip index nursed a more than 300-point drop at its session lows, after the Trump administration blacklisted several Chinese artificial inte...Read More

The GoPro supplier is eyeing its lowest close in a month GoPro supplier Ambarella Inc (NASDAQ:AMBA) is sinking today, as the Trump administration continues to blacklist even more Chinese companies, including some of the country's top AI startups. The semiconductor sector has been hit especially hard by the news, dragging down AMBA, which has lost 11.2% to trade at $50.81 -- on pace for its lowest...Read More

CBOE has had an outstanding 2019 so farA look at the chart for Cboe Global Markets Inc (BATS:CBOE) suggests it's a good time to go long on the long-time outperformer. The shares are bouncing strongly from support at the 80-day and 100-day moving averages, which are right near a trendline connecting higher lows since mid-April. The stock right now is holding right near the 20% year-to-date return l...Read More

TGT stock is higher on Toys 'R' Us buzzTarget Corporation (NYSE:TGT) is running hot today, on news the retailer partnered with Tru Kids -- owner of the Toys 'R' Us brand. Specifically, shoppers who visit ToysRUs.com to browse toys will be redirected to Target's website once they click "buy." A new "strong buy" rating at Raymond James is only fueling the tailwinds, with TGT stock up 0.6% to trade a...Read More

Around 20 people were killed in an attack on a gold mining site in northern Burkina Faso, security sources said Saturday, the latest in a spate of violence generally blamed on a jihadist insurgency."Armed individuals attacked the gold mining site at Dolmane... leaving around 20 dead, mainly goldRead full newsRead More

SWTX and STSA IPO'd on the same day last monthSpringWorks Therapeutics Inc (NASDAQ:SWTX) and Satsuma Pharmaceuticals Inc (NASDAQ:STSA) both went public fairly recently, and now analysts are weighing in. Let's take a look at how Wall Street is lining up on the shares of SWTX and STSA. For SWTX, J.P. Morgan Securities, Cowen, and Wedbush all began coverage with the equivalent of a "buy" rating, with...Read More

Short-term BA options are attractively priced at the momentThe shares of Boeing Co (NYSE:BA) are down 1.4% to trade at $371.29 this morning, after a Wall Street Journal report indicated tensions between U.S. and European regulators could delay the 737 MAX return in 2020. More specifically, the European Union Aviation Safety Agency (EASA) isn't happy with the U.S. Federal Aviation Agency's (FAA) s...Read More

The brokerage firm slashed its PBYI price target by 67%Goldman Sachs downgraded Puma Biotechnology Inc (NASDAQ:PBYI) stock to "sell" from "neutral," and slashed its price target to $8 from $24 -- a 20.6% discount to last night's close. The brokerage firm expressed concern over slowing Nerlynx sales growth, and said the potential risk from Seattle Genetics' (SGEN) breast cancer treatment is "undera...Read More

Nio's third-quarter deliveries grew by 35.1% The shares of electric car maker Nio Inc (NYSE:NIO) are way higher this morning, after the firm's third-quarter deliveries report came in better than expected. Specifically, NIO said it delivered 4,799 vehicles in the third quarter -- a 35.1% boost from the previous quarter -- citing expedited shipments prior to China's national holiday. At last check N...Read More

U.S. stock futures are sharply below fair valueFutures on the Dow Jones Industrial Average (DJI) are pointing to another down day on Wall Street. Cautious trading looks set to continue ahead of U.S.-China trade talks this week, with S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures also pointing to a sharp pullback at the open, after the Trump administration blacklisted more Chinese companie...Read More

The S&P 500 just broke an unusually long-term streak above its 160-day moving averageThe featured commentary in our October issue of The Option Advisor was well-timed, as it was just this last Wednesday, Oct. 2, that the S&P 500 Index (SPX) finally snapped a winning streak of historically rare proportions above its 160-day moving average. Following 143 consecutive daily closes above this under-the...Read More

Officials started two days of negotiations on Monday, with high-level talks involving Chinese vice premier Liu He, US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin scheduled for Thursday, Bloomberg reported.European and Australian market indices had closed higher yesterday while US and Asian markets closed lower.China meanwhile has reportedly added more than 100 tonn...Read More

(IDEX Online) - SCS Global Services (SCS) has announced the launch of a pilot program to audit and analyze the sustainability of lab grown diamonds. SCS is a third-party certifier and standards developer that has been retained by the Lab Grown Diamond Council to create an independent "product" sustainability certification standard for diamonds."The pilot audits mark an important step in the proces...Read More

(IDEX Online) - The Diamond Empowerment Fund will distribute grants totaling $470,000 to nine beneficiaries on three continents. The grants will support girls' education, entrepreneurship, youth empowerment and higher education opportunities.This year for the first time, a grant is being given to a program for girls in high school at the Ambaba Girls School in Surat, India. The program focuse...Read More

(IDEX Online) - The Diamond Producers Association (DPA) has launched its new Real is Rare, Real is a Diamond campaign. Called "The Diamond Journey," it follows the journey from discovery to a finished 2-carat engagementThe DPA says that besides themes of love and romance, the campaign highlights the heirloom quality of diamonds to encourage consumers to understand the legacy of diamonds. This camp...Read More

Members of the World Diamond Council (WDC) assembled in Antwerp, Belgium, on October 2 and 3, for the organisation’s annual general meeting (AGM), where proceedings were dominated by discussions about the pending conclusion of the Kimberley Process’ review and reform process, and the related call by the WDC and others that the scope of the Kimberley Process Certification Scheme (KPCS)...Read More

MOSCOW – The former head of a Siberian diamond mine owned by Alrosa where eight men were killed in a flood two years ago was found dead in a pre-trial detention centre on Tuesday, a day after he was arrested, Russian investigating authorities said.A regional branch of the federal Investigative Committee said there were indications the death of Alexey Burkser at the centre in the remote Yakut...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 limitedThe future of mining is (still) peopleSPONSOREDproudfootUnder the agreement, Eloro will conduct an exploration and development over four-years after signing a definitive agreem...Read More

You hear it all the time from Dr. Oz and other medical gurus: Eat more fruits and veggies.And the USDA recommends five to nine servings each day to help reduce the risk of heart attack, stroke, cancer, and early death.An analysis from the School of Public Health at Imperial College London shows that participants who had 10 servings - 28 ounces - daily experienced a:24% reduced risk of heart diseas...Read More