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

LUV is heading toward its highest close since MarchThe shares of Southwest Airlines Co (NYSE:LUV) are up 2.2% to trade at $56.17, after Macquarie upgraded the airliner to "outperform" from "neutral." The analyst in coverage touted the company's new revenue management system, which could boost efficiency once the grounding of its Boeing 737 Max fleet ends. Should today's price action hold, Southw...Read More

Wedbush boosted its rating on the Amazon rival to "outperform"Wedbush upgraded Etsy Inc (NASDAQ:ETSY) stock to "outperform" from "neutral," and raised its price target to $66 from $64 -- a 20% premium to last night's close. The brokerage firm waxed optimistic on the online marketplace's pre-holiday season launches of Etsy ads and free shipping could improve gross merchandise sales (GMS) and margin...Read More

The World Gold Council (WGC) on Thursday published a set of guidelines for gold ...Read full newsRead More

LONDON, Sept. 12, 2019 /CNW/ -- The World Gold Council, the market development organisation for the gold industry, has today announced the launch of its Res...Read full newsRead More

Castle Creek Pharmaceutical agreed to acquire Fibrocell Science for $63.3 million The shares of Fibrocell Science Inc (NASDAQ:FCSC) are booming on a buyout deal from Castle Creek Pharmaceutical. The privately held company has agreed to acquire Fibrocell Science for about $63.3 million. In response, the penny stock has tacked on 60.1% to trade at $2.93, eyeing its highest close in over a year. On...Read More

Beijing said it would exempt pork and soybeans from additional tariffs Dow Jones Industrial Average (DJI) futures are signaling a higher start, building on the momentum that sent the blue-chip index to its longest winning streak in 16 months yesterday. Upbeat trade headlines continue to drive the positive price action, with China's Commerce Ministry saying earlier it will add pork and soybeans to...Read More

Our Senior Market Strategist Matthew Timpane gives 3 tips for tradersSchaeffer's Senior Market Strategist Matthew Timpane recently sat down with Christopher M. Uhl, CMA, from the How to Trade Stocks and Options podcast. The two discussed some of our favorite topics here at Schaeffer's, and some of the most important things we believe options traders should be considering when looking for potential...Read More

The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More

The industry was in survival mode in response to the crash in nickel prices from 2011's magical annual average peak of US$10.36/lb to 2016's miserable $4.35/lb.Read More

The Angolan Ministry of Mineral Resources and Petroleum has announced that the public bidding process for five minerals concessions, being offered to local and international investors, will be opened on October 7. Previously, it had been expected that the bidding period would run from September 30 and October 2. The short delay is to accommodate an extension to the roadshow currently being underta...Read More

IronRidge derisks through diverse discoveries SPONSOREDironridge resources The focus of the 2019 summer drilling campaign hinged on the westerly Rau project, which hosts the advanced-stage Tiger project in a polymetallic district with more than 15 underexplored targets, saysRead More

Stellar result for PolarXSPONSOREDpolarxCurrault, deputy general counsel and corporate secretary at Freeport-McMoRan, joined the company in 2008 following a 20-year career at Jones Walker LLP, where he had worked with the company as outside corporate and securities counsel since 1995.Freeport-McMoRan said Currault had played a significant role in every major transaction for the company in the past...Read More

One of my favorite Seinfeld episodes is when Kramer storms into Jerry's apartment and starts complaining about another golfer who picked up his ball in the middle of the fairway to clean it.Kramer goes on to say that he penalized his friend a stroke for breaking the rule.Elaine then asks, "What is the big deal?" and Kramer replies, "Hey, a rule is a rule, and without rules there's chaos."The same...Read More

WINDHOEK – Namdeb Holdings, a joint venture between the Namibian Government and Anglo American's diamond unit De Beers Group, said on Thursday that it has sold Elizabeth Bay Mine and its associated marine assets as a going concern to Lewcor, a 100% Namibian-owned consortium.Namdeb, which unsuccessfully explored a variety of options to extend the life of its Elizabeth Bay Mine beyond 2019...Read More

I brought my Jeep to a stop in front of the steps of the Capitol Building...The Congressman waved to me from those stairs he had descended countless times over his three decades in the House of Representatives. He smiled broadly as he climbed into my passenger seat."Hello Jimmy, thanks so much for the lift," he said.The congressman I was picking up was former California Representative Dana Rohraba...Read More

Traders and investors in India are very bullish on gold and silver today. They expect gold and silver to zoom after the European central bank meeting. There will be good demand in futures as well as physical market in India today. Monetary easing by way of interest rate cut and new bond issuances is expected by the ECB today. Outlook by the ECB will be the key. Eurozone economy at the moment is...Read More

Traders and investors in India are very bullish on gold and silver today. They expect gold and silver to zoom after the European central bank meeting. There will be good demand in futures as well as physical market in India today. Monetary easing by way of interest rate cut and new bond issuances is expected by the ECB today. Outlook by the ECB will be the key. Eurozone economy at the moment is...Read More

Welcome to TGOD's facility in Valleyfield, Quebec, soon to be the largest certified organic cannabis facility in the world.Final stages of Phase 1a construction...Read full newsRead More

The S&P 500 extended its winning streak, as wellThe Dow roared to its seventh straight win today, its longest winning streak since May 2018. The blue-chip index also came within a chip-shot of its July 15 record close in intraday action, as traders cheered President Donald Trump's "gesture of good will" toward China, as well as his tweet that Beijing may "be buying large amounts of [U.S] agricultu...Read More

The weekly 9/13 9-strike put is GE's most active option todayGeneral Electric Company (NYSE:GE) stock jumped to a four-week peak of $9.51 earlier. However, the shares have since swung 0.5% lower on news the company plans to buy back $5 billion of existing debt, and one options trader appears to be bracing for an even stiffer pullback.At last check around 93,000 calls and 74,000 puts have changed h...Read More