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

We've barely even begun to tap the potential for cannabis molecules and derivatives to revolutionize medicine.At the recent CannMed 2019 conference in Pasadena, CA, we were introduced to what may be the future.A group of scientists have developed a way to create synthetic and stable acids that are naturally found in cannabis plants but will rapidly degrade when the plant is harvested. This include...Read More

A well-received jobs report for September capped a week filled with disappointing economic dataU.S. stocks ended the week on a high note, with the Dow tacking on over 370 points after a well-received U.S. jobs report for September. The economy added a softer-than-forecast 136,000 jobs during the month, while the unemployment rate fell to a 50-year low of 3.5%. The lukewarm data effectively served...Read More

The nickel market is being roiled by Indonesia's impending ban on ore exports, with traders rushing to withdraw as much metal as possible.Read full newsRead More

A new report shows 10% of global copper miners are in loss making territory amid falling price and higher costs.Read full newsRead More

HP will cut up to 16% of its global workforceHP Inc (NYSE:HPQ) stock is spiraling -- down 10% at $16.56, fresh off a two-year low of $16.46 -- after the tech giant said it will cut about 7,000-9,000 jobs, or up to 16% of its workforce, as part of a broader restructuring effort, which will result in a one-time charge of $1 billion. However, the company also expects these actions to result in saving...Read More

Yesterday, weed stocks were generally green. The day before too. This brought about a load of folks on social media talking about how 'cannabis is back!' and 'the bear market is over!' Ugh. Seriously, you guys. It's not over. Not by a long shot. Currently, Canopy Growth Corp (WEED.T), the big bellwether of the cannabis ...Read full newsRead More

Some AVYA options traders may just scored major profitsTwo of the biggest stock moves today are coming from RingCentral Inc (NYSE:RNG) and Avaya Holdings Corp (NYSE:AVYA). The companies last evening announced an exclusive partnership, sending the shares of each soaring, and options activity has picked up in a major way, as well. Let's jump into what's happening around RNG and AVYA shares.RNG was l...Read More

The research firm called SDC a "cash incinerating 'unicorn'"The U.S. stock market is soaring after this morning's jobs report, though all three benchmarks are headed toward a weekly loss. Two individual stocks making notable moves in today's trading are electric car concern Nio Inc (NYSE:NIO) and teledentistry name SmileDirectClub Inc (NASDAQ:SDC). Here's a quick look at what's moving the shares o...Read More

AMTD and SCHW made headlines on plans to eliminate commissionsThis was quite the week on Wall Street, with stocks finishing September strong on Monday, thanks to encouraging buzz on U.S-China trade relations. The Nasdaq Composite (IXIC), Dow Jones Industrial Average (DJI), and S&P 500 Index (SPX) all posted a monthly gain for September, while the latter two took a third straight quarterly win. How...Read More

The pizza chain will report earnings next weekDomino's Pizza, Inc. (NYSE:DPZ) will report earnings on Tuesday, Oct. 8. Ahead of the report, analysts at Wedbush initiated coverage with an "outperform" rating, citing overly negative sentiment toward the pizza chain. The brokerage firm also waxed optimistic on Domino's ability to withstand third-party delivery challenges, and established a price targ...Read More

Keefe Bruyette downgraded the equity to an "underperform" rating, and slashed its target price target to $19.50U.K.-based investment management name Janus Henderson Group PLC (NYSE:JHG) is eyeing its fourth consecutive loss today, following a downgrade to "underperform" from "market perform" at Keefe Bruyette. The analyst also slashed its price target to $19.50 from $21, foreseeing "challenged" or...Read More

The September jobs report is propping up Wall StreetThe Dow Jones Industrial Average (DJI) is enjoying outsized gains today, up triple digits after a mixed September jobs report. The report, which showed the unemployment rate falling to a 50-year low, still leaves the door open for the Fed to cut interest rates later this month, as nonfarm payrolls rose by fewer than expected. In addition, Apple...Read More

The chip stock tends to outperform in the fourth quarterTexas Instruments Incorporated (NASDAQ:TXN) stock has been racing up the charts since taking a sharp bounce off its 200-day moving average in late May, with the shares hitting a record high of $131.80 on Oct. 1. The equity has pulled back slightly from this milestone, but history suggests new highs could be on the horizon.Specifically, the ch...Read More

JUNEAU, Alaska (AP) - The U.S. Forest Service will hold a public meeting to unveil changes to an operations plan for an Alaska gold mine.Tongass National Forest officials are scheduled to provide information Tuesday on an amended operations plan for the Kensington Gold Mine, The Juneau Empire reported .The plan by Coeur Alaska Inc. includes 10 additional years of tailings and waste rock storage at...Read More

COST has still added 40% in 2019Costco Wholesale Corporation (NASDAQ:COST) is seeing a sluggish start to today's trading, last seen down 1% at $286.15, after the company reported quarterly revenue and comparable-store sales that missed analyst estimates. While Costco said its fiscal fourth-quarter sales miss was due to increased competition, it still managed to beat per-share earnings expectations...Read More

Nomura Instinet started with a $70 price target and "buy" ratingThe shares of Etsy Inc (NASDAQ:ETSY) are slightly higher this morning, after Nomura Instinet initiated coverage with a "buy" rating, and a $70 price target -- right back underneath the equity's late-March record highs. The analyst said the e-tailer's new free shipping program could help boost its e-commerce market share and margins. T...Read More

Long-term put traders have targeted WLL stockWhiting Petroleum Corp (NYSE:WLL) has been obliterated on the charts in the past year, suffering a steady downtrend, and more recently falling from $18 to yesterday's close of $7.31 in under two months. The energy concern is under pressure again today, down another 2.5% at $7.10, after Credit Suisse downgraded WLL to "underperform" from "neutral," and l...Read More

William Blair initiated coverage on FIVE stock with an "outperform" ratingWilliam Blair initiated coverage on Five Below Inc (NASDAQ:FIVE) with an "outperform" rating, saying the company creates a "unique" experience for young shoppers, and cited an "attractive" financial backdrop and "solid" cash flow. Additionally, the analyst in coverage forecast high-teen to low 20% annual revenue growth for t...Read More

AAPL has reclaimed its year-over-year breakeven level today as a resultWhen we checked in with Apple Inc. (NASDAQ:AAPL) on Monday, J.P. Morgan Securities was bullish on the company's iPhone 11 volume forecasts. Those predictions have now rang true, after Nikkei reported that Apple had asked suppliers to boost production up to eight million units. The news has Apple stock up 2%, to trade at $225.30...Read More

The unemployment rate moved lower again U.S. stock futures are pointing to a positive start to the trading day following the release of the September jobs report. Nonfarm payrolls for the month rose by 136,000 -- 9,000 fewer than expected, though the unemployment rate fell to 3.5%, the lowest in almost 50 years. This caps off a week of mostly disappointing economic data that has reignited calls fo...Read More