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

AbbVie stock seemed ready to make a fast, aggressive moveSubscribers to Schaeffer's Volatility Series -- an options subscription service that includes our popular Volatility Trader and Weekly Volatility Trader into one package -- just scored a major profit on the AbbVie Inc (NYSE:ABBV) September 67.50-strike put and call straddle. Below, we'll explain why we entered a straddle for ABBV shares, an...Read More

Rite Aid and Conagra stocks are both higher after profit beats Stocks have turned lower today as investors fret over impeachment drama out of Washington, D.C. Three stocks in particular making moves today are pharmacy name Rite Aid Corporation (NYSE:RAD), food producer Conagra Brands Inc (NYSE:CAG), and online travel site Ctrip.Com International Ltd (NASDAQ:CTRP). Below, we'll dig into what's movi...Read More

Rumors are swirling the U.S. may not extend Huawei waiversChip stocks are trading lower today after a Bloomberg News report indicated the Trump administration may not extend waivers to U.S. tech companies supplying Chinese telecom giant Huawei. As a result, Skyworks Solutions Inc (NASDAQ:SWKS) stock, which also saw its price target cut to $74 at $78 at Susquehanna, is down 1.2% at $80.02.Against t...Read More

Short sellers have started covering on both mining stocksU.S.-China trade tensions and geopolitical uncertainty has been a boon for gold prices in recent months, and mining shares have benefited from this increased appetite for the safe-haven asset. Two gold stocks in particular that caught our attention are Barrick Gold Corp (NYSE:GOLD) and Eldorado Gold Corp (NYSE:EGO), both of which have been t...Read More

An earlier version of this story misspelled the first name of the chief analyst at ActivTrades. This has been corrected. AFP/Getty Images Gold futures settled higher on Thursday, a day after a surge by the U.S. dollar prompted the precious metal to suffer its worst daily decline in nearly three weeks. Gold moved higher "due to tepid, dovish GDP data" covering the second quarter, with the market an...Read More

An earlier version of this story misspelled the first name of the chief analyst at ActivTrades. This has been corrected. AFP/Getty Images Gold futures settled higher on Thursday, a day after a surge by the U.S. dollar prompted the precious metal to suffer its worst daily decline in nearly three weeks. Gold moved higher "due to tepid, dovish GDP data" covering the second quarter, with the market an...Read More

September 25, 2019 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / September 25, 2019 / First Mining Gold Corp. (Read full newsRead More

BYND calls have ramped up in volume this morningThe shares of Beyond Meat Inc (NASDAQ:BYND) are in focus this morning, after news that McDonald's (MCD) will test a new plant-based burger in Canada using Beyond Meat patties. The 12-week test will feature the plant-based burgerin 28 restaurants in Ontario. In response to the link-up with the golden arches, BYND options traders are coming out in dro...Read More

Bloomberg News indicated the U.S. may not extend Huawei waiversThe Dow Jones Industrial Average (DJI) and its index peers have turned lower today, weighed down by weakness in the tech and energy sectors. Semiconductor stocks in particular are struggling, after Bloomberg News reported the White House may not extend waivers to Chinese tech giant Huawei's U.S. suppliers, while another down day for oi...Read More

The pharma stocks have put up huge losses this yearThis morning we're looking at Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN), Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL), and Marinus Pharmaceuticals Inc (NASDAQ:MRNS). All three pharma stocks have had a difficult time on the charts, but today the shares are trying to rebound. Let's dig in to the shares of ALXN, RIGL, and MRNS.For ALXN, William Blair...Read More

Next week will also feature motor vehicle sales and manufacturing dataWith September wrapping up, there's a lot to unpack as a new month unfolds. The main highlight will be the September nonfarm payrolls report, as traders look for more information on the state of the economy. Five regional Fed presidents will take the mic throughout the week, plus Fed Governor Michelle Bowman. It's relatively qui...Read More

Gold prospecting in the San Gabriel Mountains started in the mid-1800s and continues today.Read full newsRead More

September 25, 2019 (ACCESSWIRE via COMTEX) -- VANCOUVER, BC / ACCESSWIRE / September 25, 2019 / First Mining Gold Corp. (Read full newsRead More

SQ had shed 19% this quarter going into todayWhen we checked in with Square Inc (NYSE:SQ) last month, J.P. Morgan Securities was saying to "buy the dip." Today, Wells Fargo is echoing that sentiment, upgrading Square to "outperform" from "market perform." The analyst in coverage glowed about the company's fundamentals and valuation, and noted that negative investor sentiment is already baked in....Read More

Most analysts remain skeptical of outperforming WHR stockJ.P. Morgan Securities upgraded Whirlpool Corporation (NYSE:WHR) to "overweight" from "neutral," citing stabilizing domestic shipments through the end of this year. The brokerage firm also said it sees WHR's "valuation as inexpensive," and set a 2020 price target of $172 -- $17 above its 2019 target price of $155. In reaction, the stock is u...Read More

BMO upgraded Boston Beer to "outperform"Adult beverage concern Boston Beer Company Inc (NYSE:SAM) could be looking at a second day in the black, following a bull note from BMO. Specifically, the analyst upgraded the security to "outperform" from "market perform," and lifted its price target to $410 from $350 -- a 17.5% premium to last night's close. BMO said SAM's 2020 earnings per share could su...Read More

Target stock is named a "top pick" by Cowen and CompanyRetail powerhouse Target Corporation (NYSE:TGT) is at it again, this morning up 0.6% to trade at $107.47, after Cowen and Company named TGT a "top pick" and hiked its price target to $130 from $120. The firm said while the stock's strong chart performance helps, the main driver making them "incrementally more upbeat" is the company's recent s...Read More

China will reportedly increase its U.S. soybean purchases next monthFutures on the Dow Jones Industrial Average (DJI) are above fair value this morning, as the blue-chip index looks to build on Wednesday's big swing higher. Today's attention will remain focused on U.S.-China trade, after a Bloomberg News report suggested China may boost the amount of U.S. soybeans it buys in October. Wall Street w...Read More

Drill results from Wesdome Gold Mine's (TSX: WDO) Kiena complex in Quebec have confirmed high-grade gold mineralization in the Kiena Deep A zone.The 65-sq.-km Kiena complex, 10 km from the city of Val-d'Or, includes a fully-permitted mine, a 930-metre shaft and a 2,000-tonne-per-day mill.Wesdome operated the Kiena mine from August 2006 to June 2013, during which time it produced 1.8 million ton...Read More

The event heard from a mixed of big producers and "smaller … underappreciated base metals miners", host Jefferies said.The bank's analysts said management teams from Freeport McMoRan, Anglo American, Vale, Teck, HudBay Minerals, Ivanhoe Mines, OZ Minerals, KAZ Minerals, Lundin Mining, Ero Copper, Taseko and Northern Dynasty Minerals expressed a general tone of "cautious optimism"."These min...Read More