The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
A look at two historical underperformers with attractively priced optionsStocks are off to a rough start in October, as lackluster economic data spooks investors. What's more, several stocks could be in for a rough month, or quarter, if recent history is any indicator. Among the worst stocks to own in October and the fourth quarter, respectively, are semiconductor concern Advanced Micro Devices, I...Read More
Gold's recent rise giving miners and investors something to digRead full newsRead More
LYV shares are testing the 160-day moving averageLive Nation Entertainment, Inc. (NYSE:LYV) looks like it could be ready to bounce on the charts. After hitting an all-time high of $73.72 on July 26, the shares have gradually pulled back slightly to test the 160-day moving average, as well as a trendline connecting its lows from June and February -- hinting at potential chart support. Analysts at J...Read More
The firm just announced a CBD collaboration with International Flavors & FragrancesThe shares of Neptune Wellness Solutions Inc (NASDAQ:NEPT) are surging after the health and wellness company announced a strategic collaboration with International Flavors & Fragrances (IFF) to co-develop hemp-derived CBD products for the U.S. market. While the stock initially jumped on the news, it was last seen do...Read More
The brokerage firm can't justify ATVI's stock price with its fundamentalsBernstein downgraded Activision Blizzard, Inc. (NASDAQ:ATVI) to "underperform" from "market perform," saying, "the market is paying too much on the hope that this is the trough." The brokerage firm went on to say that it "cannot reconcile the current stock price with ATVI's risk-adjusted fundamentals," but raised its price ta...Read More
MNST is heading for its lowest close since AprilThe shares of Monster Beverage Corp (NASDAQ:MNST) are lower this morning, after Guggenheim cut its rating to "neutral" from "buy." The analyst in coverage also slashed their price target to $60 from $74, and noted that they see Coca-Cola's (KO) foray into the energy drink business as a big headwind. At last check, Monster Beverage stock was down 2....Read More
Dow futures are sharply below fair valueDow Jones Industrial Average (DJI) futures are trading below fair value this morning, pointing to a more than 100-point drop for the index, as U.S. stocks look to extend their weak start to the fourth quarter. The Dow and S&P 500 Index (SPX) experienced sharp losses on Tuesday due to bleak manufacturing data, and economic data is in focus again today, with t...Read More
Stocks tend to underperform after the gap between bulls and bears gets this wideIt was just about seven months ago -- and roughly 6% ago, in terms of S&P 500 Index (SPX) returns -- that we last discussed the significance of the so-called "bulls minus bears" measure in the weekly Investors Intelligence (II) sentiment survey. This metric, as literally as the name suggests, tells us how wide the gulf...Read More
Traders should target underperforming stocks with a high number of "buy" ratingsThis week I'm going to do a basic sector analysis using our contrarian philosophy. For those unfamiliar with our contrarian approach, we look for stocks which have performed well but are despised by investors. The pessimism is an indicator of sideline money. As a stock outperforms, it starts to become clear for the bea...Read More
Stellar result for PolarXSPONSOREDpolarxRio entered an option agreement in May to earn up to 80% of the project by spending C$30 million (US$22.7 million) on exploration. Highlights of the first two holes were 44.78m at 0.38% copper and 2.1g/t silver from 45.22m, plus 63m at 0.18% copper from 19m.Forum said Rio had drilled 21 holes over the summer and copper mineralisation at the project had...Read More
The contract has provisions for it to be extended for up to a further three years.The scope of work to be carried out by Downer under the contract is pre-strip overburden removal and Downer will use existing capital equipment.This contract will start on October 1, 2019, and replaces an existing contract which started in 2016 and expired on September 30, 2019.Downer CEO Grant Fenn said the contract...Read More
(IDEX Online) - The IDEX Polished Diamond Price Index showed little movement in September, with prices declining only slightly during the month. The Index began the month at 121.00 and ended it at 120.35.OutlookThe important September edition of the Hong Kong Jewellery and Gem Fair saw weaker-than-usual turnout. Hardly surprising given the tension over the ongoing pro-democracy demonstr...Read More
(IDEX Online) - De Beers Group Auctions has appointed Alastair Bickerstaff as head of Product Development and Sales. The new role was created following the departure of the head of Sales and CRM and is intended to develop more synergy between product development and sales and to better address its customers product needs.The company said this appointment makes De Beers Group Auctions better placed...Read More
(IDEX Online) - Helzberg Diamonds is offering the ultimate wedding service for engaged couples - a wedding service. The jewelry retailer has ordained hundreds of its associates across the U.S. enabling all Helzberg Diamonds stores to perform legal marriage ceremonies.The associates have been ordained through a partnership with the Universal Life Church. To get married in-store, couples need t...Read More
(IDEX Online) - Diamonds from Zimbabwe and gold from the Democratic Republic of the Congo (DRC) are among items from five countries seized at U.S. borders over suspicions of forced labor. In a statement released yesterday, U.S. Customs and Border Protection (CBP) singled out gold mined in artisanal small mines (ASM) in eastern Democratic Republic of the Congo (DRC) and rough diamonds from the...Read More
JOHANNESBURG (miningweekly.com) – Modern, sustainable and innovative mining was capable of building thriving mining communities that were healthier, better educated and employed in greater numbers, Anglo American CEO Mark Cutifani said on Wednesday when he delivered a keynote address at the Joburg Indaba.Cutifani said communities and governments wanted the company to partner with them to ach...Read More
Global diversified miner Anglo American CE Mark Cutifani has been inducted into the South African Mining Hall of Fame for his contribution to the industry over the last 12 years.Anglo American South Africa has about 50 000 employees, working at own- and subsidiary operations in the diamonds, platinum-group metals, iron-ore and coal sectors, across the country.AdvertisementThe Joburg Indaba So...Read More
JOHANNESBURG – Zimbabwe accused the US of ignorance after the US Customs and Border Protection announced it’s blocking rough diamond imports from the Marange fields because they were produced with forced labor.“It’s unfortunate that the US authorities have been misinformed or misled to believe that Zimbabwe is mining diamonds through forced labor,” government spokesma...Read More
Hochschild Mining (LSE: HOC) has mined precious metal epithermal vein deposits in South America for nearly 50 years, and operates three underground mines: two in southern Peru, and one in southern Argentina. The mines produced 245,325 equivalent oz. gold, or 19.9 million equivalent oz. silver, in the first half of 2019, the second-highest production figures in the company's history.So investors co...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 systemesIt is often quoted that humans are appalling at making predictions, especially about the future.Read More