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

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to provide final assay results from its recently completed summer drilling program on the Hurricane zone at the Larocque East property. Highlights include assay results from drill holes LE19-28 and LE19-29. The Hurricane zone is located on the Company's 100% owned Larocque East property (the "Property") in the Eastern A...Read More

The price of copper will have to rise drastically to decarbonise world by 2025, research has found.Read full newsRead More

The Dow has explored a more than 350-point trading range today alreadyThe Dow Jones Industrial Average (DJI) has relinquished an early morning lead,after the Institute for Supply Management's (ISM) manufacturing index fell to 47.8% in September -- its lowest level in over 10 years -- indicating trade tensions are creating a headwind for the U.S. economy. Shortly after the report was released, Pres...Read More

A key gold mine in Mexico will be shut down due to protests.Read full newsRead More

With the outlook for gold price being positive (the recent interest rate cut by Fed, which was the second cut of 2019, has reaffirmed this outlook), and with the sector witnessing major deals and consolidation this year, it would be interesting to see how the top 2 gold mining companies...Read full newsRead More

Home Depot stock has been a long-term outperformer Shares of home improvement name Home Depot Inc (NYSE:HD) have been climbing the charts this year. Currently, the stock is testing support at its +10% year-over-year mark and $250 billion market cap. With a 14-day Relative Strength Index (RSI) reading of 50, another layer of support is now being added, making it the perfect time to jump onto HD's u...Read More

Most analysts have remained bullish on VMWVMware, Inc. (NYSE:VMW) is trading up 2.4% at $155.56, thanks to bullish analyst attention. Wells Fargo this morning upgraded its opinion on the software name to "outperform" and boosted its price target by $40 to $180. This price level served as a ceiling for the shares from June through early August, and represents 20% upside to last night's close of $15...Read More

Checking in on the equity ETF in the midst of a historically rare moving average streakThe following is a reprint of the market commentary from the October 2019 edition of The Option Advisor, published on September 27. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.Regular followers of our analysis will be aware of...Read More

Geron's blood cancer drug, imetelstat, was just granted fast track status by the FDAGeron Corporation (NASDAQ:GERN) stock is soaring this morning, following an announcement that the Food and Drug Administration (FDA) granted fast track status to the biotech's experimental therapy, imetelstat, used to treat patients with myelofibrosis (MF) -- a type of blood cancer. The firm plans to meet with the...Read More

Most analysts remain upbeat toward CLF stockB. Riley FBR cut its Cleveland-Cliffs Inc (NYSE:CLF) price target to $13 from $16, with the analyst in coverage citing an "evolving macro and price environment" for the mining company, pointing specifically to a sharp decline in Atlantic pellet premium. Nevertheless, the firm maintained its "buy" rating on CLF, with the analyst saying the stock is attrac...Read More

ADT is poised to conquer a key trendline todayOne of the better stocks on the New York Stock Exchange (NYSE) this morning is ADT Inc (NYSE:ADT), up 3.8% to trade at $6.51. This is after the home security specialist said it's selling its Canadian operations to telecom operator Telus Corp for $527.55 million. The deal is expected to be closed in the fourth quarter. Today's breakout has ADT stock o...Read More

Investors will be monitoring a number of economic reports todayU.S. stock market futures are trading above fair value this morning, pointing toward a strong start to the fourth quarter for the Dow Jones Industrial Average (DJI). Today's session features a number of economic reports, including the Institute for Supply Management's (ISM) manufacturing index, as well as several Fed speeches. Still, m...Read More

Palladium One Mining (TSXV: PDM) has defined a global resource of more than 1 million oz. palladium-equivalent at its Lantinen Koillismaa (LK) project in northern Finland.The junior released a mineral resource for the project's Kaukua target, 160 km southeast of the nearest major rail line at Rovaniemi and 190 km northeast of the port city of Oulu.Kaukau has a pit-constrained resource of 11 millio...Read More

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has poured first gold at its El Nino underground mine in Nevada.The El Nino mine is part of the South Arturo mine project, which is a joint venture between Premier (40%) and Nevada Gold Mines (60%). Nevada Gold Mines is owned by Barrick Gold (TSX: ABX; NYSE: GOLD) and Newmont Goldcorp (TSX: NGT; NYSE: NEM).South Arturo is 40 km northwest of the...Read More

The benchmark S&P/ASX200 index was also higher at the time of writing, ahead of today's decision by the Reserve Bank of Australia which is widely tipped to announce a second rate cut for this year.Chinese markets are now closed for national holidays until next Tuesday.The gold price has sunk to US$1,468 an ounce on the spot market and economic bellwether copper also closed lower on the London...Read More

Stellar result for PolarXSPONSOREDpolarx"Exploration success will have to accelerate to keep up with ‘green' global ambitions… there is only one way this can be achieved," said Bernstein senior research analyst Paul Gait.Read More

Dear Rich Lifer,We spent last Thanksgiving on Kauai, trading Black Friday and turkey for surfing Hanalei Bay and eating poke.The weather was terrific. The waves were great. And at the risk of being heretical, I like Hawaiian shave ice more than pumpkin pie.So you can imagine what I was thinking when this invitation showed up in my mailbox …It was sent from The Westin in Princeville, a hotel...Read More

A Reuters news report stating Kinross Gold (TSX: K; NYSE: KGC) is "putting future deals in Russia on hold" after recently acquiring a development project in the country is "an unfortunate mischaracterization," the company told The Northern Miner."We are not paused in the country, as we are active with two operating mines, a robust and successful exploration program that has added to mine life, and...Read More

Lithium Americas (TSX: LAC; NYSE: LAC) has released an updated feasibility study that boosted the production capacity of Cauchar?--Olaroz lithium project in Argentina's Jujuy province to 40,000 tonnes per annum from 25,000 tonnes per annum.Lithium Americas and Ganfeng Lithium (TSXV: ILC; US-OTC: ILHMF) each own 50% of the project.The feasibility study, which updates the one tabled in 2017, says...Read More

This week's episode features a special interview with CPM Group's Jeffrey Christian by acting editor-in-chief Trish Saywell. Christian discusses precious metals prices and the macroeconomic dynamics that might be influencing them in terms of both supply and demand. He also says that it's time to play gold on the long side, but that an upward move may take four to five years to materialize.All this...Read More