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

Herbalife stock just met up with a historically bullish long-term trendlineVitamin company Herbalife Nutrition Ltd (NYSE:HLF) has suffered a steep descent off its February peak of $61.77, taking a 45% haircut on its way to a one-year low of $33.62 last week. The stock has rebounded since, up 6.2% so far this month. What's more, on its way down, the security met up with a long-term trendline that h...Read More

CIEN options can be had for a bargain at the moment tooWhen we last checked in with Ciena Corporation (NYSE:CIEN), the stock was flashing a bullish signal ahead of earnings. Today, three price-target cuts -- the lowest coming from UBS to $43 from $46 -- have CIEN down 2% to trade at $39.11. The good news is that this puts the networking technology concern back near the same bullish alarm that sou...Read More

The Fed's September policy meeting is right around the cornerBank stocks will be in focus over the next two weeks, with the Fed's two-day policy meeting set to begin on Tuesday, Sept. 17. KBW is weighing in on the sector ahead of the event, issuing bear notes overnight for big banks Bank of America Corp (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM).Five weeks after upgrading BAC stock to "outperf...Read More

2 healthcare stocks to watch todayHealthcare stock Microbot Medical Inc (NASDAQ:MBOT) is gaining out of the gate today, possibly due to news the company will demonstrate its self-cleaning shunt at a conference next week. MBOT shares were last seen trading 10.2% higher at $5.40, though this still leaves them far below their brief January peak of $19.40. The stock has essentially trended lower since...Read More

DOMO stock is headed for its biggest one-day drop everThe shares of cloud-based software company Domo Inc (NASDAQ:DOMO) are taking a nosedive today, after the firm slashed its full-year revenue guidance and forecast a larger-than-anticipated adjusted per-share loss. This is offsetting the company's slimmer-than-expected second-quarter loss of 96 cents on in-line revenue of $41.7 million. DOMO stoc...Read More

BYND has shed 35% since its late-July peakThe shares of Beyond Meat Inc (NASDAQ:BYND) are down 3.3% to trade at $155.72 this morning, after receiving an equivalent of its first "sell" rating. D.A. Davidson initiated coverage on the plant-based burger maker with an "underperform" rating and price target of $130, a level not traded at since early June.The analyst in coverage cited a cautious approa...Read More

As every investor would know, not every swing hits the sweet spot. But really big losses can really drag down an...Read full newsRead More

Shares of gold miners were broadly higher in afternoon trading Tuesday, as worries about escalating U.S.-China trade tensions, data showing a surprise...Read full newsRead More

CAKE has shed 27% over the past 12 months Restaurant chain Cheesecake Factory Inc (NASDAQ:CAKE) is up 1.4% this morning, thanks to a fresh bull note out of Wells Fargo. The brokerage firm upgraded to "outperform" from "market perform," and hiked its price target to $50 from $46. Analyst Jon Tower said the company's recent acquisition of Fox Restaurant Concepts, current television marketing effort...Read More

The S&P and Nasdaq are headed for higher opens, too Dow Jones Industrial Average (DJI) futures are trading above fair value, putting the blue-chip index on track to add to its impressive weekly gain, but have eased back from their earlier highs following this morning's nonfarm payrolls report. Data from the Labor Department showed the U.S. added 130,000 new jobs in August -- fewer than economists...Read More

Due to Morgan's Comet Minerals being unable to conventionally assay the Titan nickel ground, a new process has been developed by associated company WildIP.Read More

The prestigious Prodiam Forum will once again be held during Madrid Joya (the Madrid Jewelry Fair), which runs September 12-15. The Prodiam Forum is a recurring, educational forum at which hundreds of gem and jewelry professional gather for a comprehensive info session on the currently most important developments in the gem and jewelry trade. This year's Prodiam Forum will be held during the...Read More

The announcement of the intention to repeal the Indigenisation and Economic Empowerment Act by the Zimbabwe government in March 2019 was driven by various factors, including investor, political and legal motivations, global law practice and legal services provider Eversheds Sutherland tells Mining Weekly. The Act, implemented by former Zimbabwe President Robert Mugabe in 2008, stated that 51% of m...Read More

Former and long-time president Zimbabwe, Robert Mugabe, 95, died Thursday, September 5, in a Singapore hospital. Zimbabwe's incumbent president, Emmerson Mnangagwa, said on Twitter that his predecessor was "an icon of liberation a pan-Africanist who dedicated his life to the emancipation and empowerment of the people," adding that Mugabe's "contribution to the history of Zimbabwe and Af...Read More

Earlier this week, IDEX published its Polished Price Index for the month of August. A usual, August was a very quiet month since traders in diamond centers such as Belgium and Israel were on leave. Therefore, trading volumes of polished were low and no significant price changes of polished diamonds were registered. During the first eight months of the year, diamond prices have shown a slight decl...Read More

The gold industry feels optimistic for the first time in years, as the price of the precious metal steadily rises amid fears of a global economic downturn. Gold miners, in the meantime, vow to stay disciplined to avoid becoming overleveraged, as some were during gold's last run-up.At around US$1,525 per oz., gold is trading at its highest level since 2013, and is up about 20% so far this year. Gol...Read More

The financial institution said falling real rates continued to provide the catalyst for higher gold prices as global real rates continued to decline with an estimated $17 trillion in negative yielding debt. The report said recession fears persisted as US yield curves remained inverted while "spot gold prices appear to be pricing in two further rate cuts in 2019 by the [US Federal Reserve] and a co...Read More

Friedland is chairman and CEO of HPX.A signing ceremony was held in Conakry yesterday, attended by Guinea president Alpha Condé and former South African president Kgalema Motlanthe.Motlanthe and Ivanhoe Mines director Guy de Selliers de Moranville had agreed to become co-chairmen of the HPX subsidiary that will hold the Nimba asset and both have joined the board of Société des...Read More

CAPE TOWN – Botswana’s government and De Beers are in “cordial” negotiations about a new diamond-sales pact to replace their current 10-year deal which expires in 2020 and it should be concluded after next month’s election, President Mokgweetsi Masisi said.“Everything is going as planned,” Masisi said Thursday in an interview with Bloomberg TV at the World...Read More

Thanks to television shows like Flip This House and Income Property, many people want to make income as a real estate investor. And why wouldn't you? In just an hour (or less, if you don't count commercials), you can watch people make tens of thousands of dollars by just picking out a property and sprucing it up.Of course, we both know it's not as easy as they make it seem on HGTV, but real estate...Read More