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
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesThere are those in the market who reckon Cupric is the spearhead of what could be the first of many projects in...Read More
The non-profit organisation hopes to provide a necessary educational function by distributing information about useful processes, tools, courses and case histories where landuse design can improve the outcomes of mine reclamation projects.Landform design is an emerging practice that draws together civil and mining engineering, ecology, geochemistry, and other fields to reclaim mine lands. It allow...Read More
"Cannabis is dead; long live cannabis." Mushrooms, mark my words.. -Ancient potstocks proverb Seriously though, folks, the cannabis sector is in trouble. Take a look at the Horizons Marijuana Life Sciences ETF, a basket of some of the largest cannabis stocks on the market. Here is equity.guru founder, Chris Parry's take on how the growing pains of ...Read full newsRead More
Banded iron formation-hosted gold deposits are attractive targets thanks to their potential for large, district-scale gold mining.Read full newsRead More
The Dow and S&P finished the third quarter with a winThe Dow closed the book on September with a strong gain. The blue-chip index got an early morning boost after White House officials denied reports it was considering a cap on capital flows to China. The S&P 500 and Nasdaq both ended confidently higher, too, with a resurgent tech sector creating tailwinds. All three benchmarks finished out the...Read More
The brokerage firm is upbeat about Newell's turnaround effortsSunTrust Robinson upgraded Newell Co (NASDAQ:NWL) stock to "buy" from "hold," and lifted its price target by $10 to $25 -- the highest on Wall Street, according to Refinitiv data. The brokerage firm said it expects the Sharpie maker's turnaround plan to continue into next year, and waxed optimistic over an end to the company's "misguide...Read More
Thor Industries stock is surging after earnings, while weak sales hits Cal-Maine stock Big gains from Apple (AAPL) are helping boost stocks at midday. Three other names making major moves are RV manufacturers Thor Industries, Inc. (NYSE:THO) and Winnebago Industries, Inc. (NYSE:WGO), as well as egg producer Cal-Maine Foods Inc (NASDAQ:CALM). Below, we'll explore what's driving the shares of THO,...Read More
Drug data from the weekend has SGEN shares at record levelsSeattle Genetics, Inc. (NASDAQ:SGEN) is booming today, up 12% at $85.14, and earlier it hit an all-time high of $88.20, thanks to upbeat drug data presented over the weekend for its bladder cancer treatment. Analysts at Stifel, Guggenheim, and SVB Leerink all raised their price targets on the stock, the highest of $102 coming from the latt...Read More
Nevada Sunrise Gold is pleased to announce the order dismissing the forfeiture proceedings against the Company's water right in the Clayton Valley Basin.Read full newsRead More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry is pleased to report that its portfolio company QVI Inc., a cannabis infused product manufacturer located in Sonoma County, California, is experiencing greater than initially anticipated demand for its manufacturing services.QVI reports that dem...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has received an additional purchase order from a leading taxi technology distributor. As previously announced on July 22, this customer's original purchase order of $360,000 has been increased to total over $850,000. The customer will equip their taxi drivers with the...Read More
The analyst predicted an 8% drop in sales for Tesla's third-quarter The shares of Tesla, Inc. (NASDAQ:TSLA) are down at midday, following a note from Cowen regarding the company's upcoming third-quarter deliveries report this week. Specifically, the analyst foresees a slight drop from TSLA's second-quarter numbers, predicting a sequential decline of 11% in Model 3 deliveries, with U.S. sales down...Read More
AAPL shares are at the top of the DowThe Dow Jones Industrial Average (DJI) is in positive territory today, as the U.S. stock market holds onto its early gains thanks to the White House's dismissal of reports indicating it would cap capital flows to China. Apple (AAPL) remains the top Dow gainer at midday, in response to J.P. Morgan Securities' bullish iPhone forecast, with tech as a whole standin...Read More
IMMU calls have ramped up in volume this morningOne of the worst stocks on the Nasdaq today is Immunomedics, Inc. (NASDAQ:IMMU), after the company said it was delaying the submission of its application for Food and Drug Administration (FDA) approval of its breast cancer drug until late November or early December. IMMU is down 12.2% to trade at $12.50 at last check, on track for its fifth straigh...Read More
All three analysts in coverage call the shares a "buy"Analysts are chiming in on Canadian clinical-stage biopharmaceutical firm BELLUS Health Inc (NASDAQ:BLU) today. Specifically, Jefferies initiated coverage with an "outperform" rating and a $20 price target -- a 208% premium to last night's close at $6.48. Cowen followed suit with its own "outperform" rating, saying the company holds "blockbuste...Read More
A look at the best stocks to own heading into 2020, if past is prologueWhen the S&P 500 Index (SPX) is up 10% or more year-to-date through the end of September, then October tends to be a bearish month for U.S. stocks, per recent data from Schaeffer's Senior Quantitative Analyst Rocky White. However, several stocks tend to shine in the month of October -- including Kroger Co (NYSE:KR). Meanwhile,...Read More
The firm announced new data for its cancer drugThe shares of pharmaceutical company Amgen, Inc. (NASDAQ:AMGN) are higher, after the company presented data for AMG510 at the European Society of Medical Oncology (ESMO) summit over the weekend. The treatment is currently being tested on patients with advanced colorectal cancer and those with non-small cell lung cancer in early stage studies. AMGN sto...Read More
Battle over Alaska's Pebble Mine has highlighted Daniel Schindler's work on Bristol Bay salmonRead full newsRead More
Wedbush lifted its price target on BBBY to $16Wedbush upgraded Bed Bath & Beyond Inc. (NASDAQ:BBBY) to "outperform" from "neutral," and raised its price target by $2 to $16 -- a nearly 62% premium to last Friday's close at $9.89. The brokerage firm said it expects the retailer to announce a new CEO when it unveils its fiscal second-quarter financial report after the close this Wednesday, Oct. 2, a...Read More
AAPL options can be had for a bargain right now, tooLast week, analysts were bullish on Apple Inc. (NASDAQ:AAPL) because of the potential impact of 5G capabilities. Today, it's iPhones, after J.P. Morgan Securities set a December 2020 price target of $265, and a December 2019 goal of $243. The analyst in coverage also upped its iPhone volume forecasts for the fourth quarter of 2019 and first quart...Read More