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
Searchlight Resources Inc. (TSXV:SCLT) is pleased to announce that it has closed the first tranche of a private placement financing.Read full newsRead More
U.S. manufacturing data helped push the Dow into the blackThe Dow finished on a modestly high note today, closingin the black after trading on both sides of the aisle earlier in the day. The blue-chip index spent the morningin the red, down triple digits at its session lows amid global growth concerns stemming from weak data out of Europe. But the Dow ultimately drifted higher, propped up by upbea...Read More
Catalyst Pharmaceuticals and Plus Therapeutics are both trading toward the bottom of the Nasdaq Stocks have been trading on both sides of breakeven today as disappointing economic data out of Europe stoked fears of a slowing global economy. Three stocks in particular making moves today are healthcare names Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), Plus Therapeutics Inc (NASDAQ:PSTV), and Polarty...Read More
The U.K. travel firm declared bankruptcy earlier todayCarnival Corp (NYSE:CCL) is trading lower today, as travel stocks swoon on news of U.K. tour company Thomas Cook's collapse. CCL shares are down 1.9% to trade at $47.30 -- pacing for a fourth straight drop, and retreating from a historically bearish trendline -- and put traders are driving a busier-than-usual session in the stock's options pits...Read More
Guggenheim said Truly and White Claw dominate the hard seltzer marketBoston Beer Company Inc (NYSE:SAM) is trading up 3.7% today at $358.16, thanks to a bullish analyst update. Guggenheim boosted its price target on the security to $462 from $449, saying they expect the company's Truly hard seltzer sales to grow 160% in 2019 and another 85% in 2020, estimates the brokerage firm view as conservativ...Read More
Renforth Resources Inc. is pleased to advise shareholders that initial petrographic characterization has been completed on 23 thin-section samples.Read full newsRead More
Fidelity Minerals Corp. is pleased to announce the acquisition of a portfolio of projects including Las Brujas, Cerro el Bronce, and Porphyritic Copper.Read full newsRead More
Despite a volatile year, Amazon stock has added 32% over the past nine monthsOnline powerhouse Amazon.com, Inc. (NASDAQ:AMZN) is sinking in afternoon trading, last seen down 0.8% at $1,779.59. However, the stock's recent pullback may be a buy signal for AMZN traders, as data from Schaeffer's Senior Quantitative Analyst Rocky White suggests the FAANG leader may be ready for its next surge higher....Read More
Renforth Resources Inc. reminds shareholders that Renforth has commissioned new technical reports for its New Alger and Parbec properties.Read full newsRead More
2019 Drill Program Results Will Form Part of the Company's Pre-Feasibility StudyDrill Program Follows Successful Funding to Advance PFS WorkCompany hosts Senator Murkowski at Graphite One Facility in Nome, AlaskaVancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announced today that it has commenced its 2019 Drilling Program (the "2019 Drilling Pro...Read More
Snap has accused Facebook of undermining business practices, according to reportsFacebook Inc (NASDAQ:FB) was slammed earlier, after a Wall Street Journal report (subscription required) said rival Snap (SNAP) came out with a list of ways in which the social media giant attempted to sabotage it. According to those familiar with the matter, Snap's dossier, titled Project Voldemort, highlights under...Read More
Nike has a mixed history of earnings reactionsEarly bird Nike Inc (NYSE:NKE) will get a jump-start on this fall's earnings season this week, set to report its fiscal first-quarter earnings tomorrow after the close, Sept. 24. Ahead of the event, NKE options traders have come out of the woodwork in larger-than-normal numbers, with some eyeing a post-earnings pullback from the apparel giant.Less tha...Read More
The Dow was down more than 100 points in early tradingThe Dow Jones Industrial Average (DJI) was down more than 100 points earlier, as disappointing eurozone and German factory data fanned fears of a slowing global economy. The blue-chip index has since erased these earlier losses, after IHS Markit's flash purchasing managers index (PMI) for U.S. manufacturing arrived at a better-than-expected 51...Read More
However, BB stock plummeted after the firm's last quarterly reportBlackBerry Ltd (NYSE:BB) will report fiscal-year earnings ahead of the bell tomorrow. Prior to the announcement, options traders are betting bullishly on the smartphone provider, with BB options flying off the shelves at an accelerated clip today.BlackBerry stock fell 8.8% the session after the company reported earnings in late June...Read More
Every investor in California Gold Mining Inc. (CNSX:CGM) should be aware of the most powerful shareholder groups...Read full newsRead More
Both AK Steel and U.S. Steel are surrounded by pessimismJ.P. Morgan Securities weighed in on the steel industry today, and the results weren't pretty. AK Steel Holding Corporation (NYSE:AKS) was downgraded to "underweight" from "overweight," while United States Steel Corporation (NYSE:X) saw its rating cut to "neutral" from "overweight," and price target trimmed to $14 from $26. The brokerage...Read More
The firm expects its reduced gluten Goodwheat product to be ready for retail by year's endThe shares of Arcadia Biosciences Inc (NASDAQ:RKDA) are looking to snap their four-day losing streak today, after the U.S. Patent and Trademark Office gave the firm's reduced gluten Goodwheat product a patent. The product, which contains 75% less allergenic gluten than traditional wheat, is slated for commerc...Read More
The analyst called fundamental concerns "overblown"Chewy Inc (NYSE:CHWY) stock plunged 10.5% last week -- and tagged a record low of $26.29 on Friday -- after the online pet retailer reported a larger-than-anticipated second-quarter loss. This morning, though, CHWY shares are up 3.6% at $27.35, after Nomura Instinet upgraded the stock to "buy" from "neutral," calling concerns over Chewy "overblown...Read More
The brokerage firm expects 20% upside from the yoga apparel nameShares of Lululemon Athletica Inc. (NASDAQ:LULU) are inching their way higher this morning, up 0.2% at $189.75 in electronic trading. Behind the positive shift is a bull note out of Piper Jaffray in which the firm initiated coverage with an "overweight" rating and $227 price target, implying expected upside of 20% to Friday's close....Read More
Weak German and eurozone factory data is weighing on stock futuresFutures on the Dow Jones Industrial Average (DJI) are churning below fair value this morning, as disappointing manufacturing data out of Germany reignites concerns of a slowing global economy. Data from IHS Markit also showed a sharp slowdown in eurozone factory activity in August, too. U.S.-China trade headlines continue to swirl,...Read More