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
Madestones, an Antwerp-based distributor of lab-grown diamonds, has entered into a partnership with Italian jewellery brand Royal Wings, jointly creating an exclusive collection that blends two innovations into a uniquely produced, feather-light 18-karat gold tennis bracelet, set with lab-grown diamonds. Defined as a disruptive product in today's market for high-end jewellery, Royal Wings an...Read More
The US Commerce Department published data showing that retail sales rose a healthy 0.7 per cent in July, calling it a sign of consumer confidence. US consumers spent more at retail stores and restaurants in July. Analysts see this as a sign that consumers are not too worried about the slower growth that have affected the financial markets and that consumer confidence remains level. Retail sales ro...Read More
Money goes where it is treated best. That's not a hard concept to grasp. For the past 10 years, that has been in global equities. But that is now changing. After the financial crisis in 2008, global stocks began to soar because of central bank interventions that included things like interest rate cuts and quantitative easing. You remember quantitative easing, right? That's where central banker...Read More
Stocks started strong but the major indexes finished in the redStocks gained out of the gate, but the upside was capped amid negative trade headlines and more recession fears. The Dow, S&P, and Nasdaq all traded on both sides of breakeven before ending lower, with the former index failing to capitalize on a big move from Johnson & Johnson (JNJ). A deeper inversion in Treasury yields only added to...Read More
Alba Mineral Resources plans to reopen a historic Welsh gold mining belt favoured by royalty.Read full newsRead More
A federal court upheld a patent ruling against the generic drugmakerThe U.S. stock market has erased its earlier lead on renewed U.S.-China trade tensions. Among individual names making volatile moves are burger chain Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), generic drugmaker Mallinckrodt PLC (NYSE:MNK), and software solutions firm SilverSun Technologies Inc (NASDAQ:SSNT). Here's a quick loo...Read More
Bloomberg said China's antitrust authority is probing Tencent MusicChina-based streaming service Tencent Music Entertainment Group (NYSE:TME) is under fire today, after Bloomberg reported that the company is being probed by China's antitrust authority, which could snuff out several exclusive licensing deals with the likes of Sony Music Entertainment, Warner Music Group, and others. The report has...Read More
Vancouver, Canada - TheNewswire - August 27, 2019 - Nexus Gold Corp. (Read full newsRead More
TECD shares recently fell below the 200-day moving averageTech Data Corp (NASDAQ:TECD) shares are falling sharply today after Citigroup cut its price target to $91 from $100. The brokerage firm put the stock on a list of names it believes are seeing negative catalysts, and expects the company's second-quarter results to come in at the lower end of the expected range. Citi believes TECD is still wo...Read More
Nexus Gold Corp. (Read full newsRead More
Steppe Gold Limited (TSX:STGO) (the "Company" or "Steppe Gold") is pleased to announce that following the approval of shareholders of the Company at the special meeting of shareholders held on August 23, 2019 (the "Special Meeting") it has completed the second and final tranche of its previously announced private placement (the "Offering") issuing US$3.04 million principal amount of 10% two year...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q2 FY19") and six months ended June 30, 2019 ("YTD").Key Highlights:Revenues for three months ended June 30, 2019 increased 120% to $2,337,411 compared to $1,064,589 for the three months ended June 30, 2018. Revenues for the 6 months ended June...Read More
The DJI was up more than 150 points earlierThe Dow Jones Industrial Average (DJI) has reversed course at midday, erasing early gains sparked by China's announcement that it might retract car-buying restrictions to boost consumption. Investors are also digesting mixed signals on the trade front, after a spokesperson for China's Foreign Ministry reiterated today they were unaware of phone calls betw...Read More
ATVI stock is eyeing its best close of 2019The shares of Activision Blizzard, Inc. (NASDAQ:ATVI) popped higher today, after the video game maker launched "World of Warcraft Classic." Players are reportedly facing lengthy queues just to get into the game. ATVI shares are now pacing for their highest close of 2019, and bullish options bets are flying off the shelves at nine times the average intrada...Read More
The shares have pulled back to their 80-day moving averageA sharp bounce off its 320-day moving average in late December sent Microsoft Corporation (NASDAQ:MSFT) scaling the charts, with the Dow stock topping out at a record high of $141.67 on July 26. Since then, the shares have pulled back to familiar support at a key trendline, and history suggests MSFT stock could be headed back into uncharted...Read More
J.P. Morgan Securities cut its rating on the printing stockJ.P. Morgan Securities downgraded Xerox Holdings Corp (NYSE:XRX) to "underweight" from "neutral," citing declining revenues. The brokerage firm also said Xerox's possible sale of its financing unit and its current capital allocation plan create short-term risk for XRX bondholders.The skepticism toward XRX has picked up elsewhere on Wall St...Read More
There's a lack of sideline cash to fuel future rallies for EOGIn early August, oil name EOG Resources Inc's (NYSE:EOG) post-earnings pop was quickly halted at its 40-day moving average. The trendline was perched near $88 at the time -- a previously supportive region that also coincides with EOG's $50 billion market cap. The security is now trading below a trendline connecting higher lows since 200...Read More
Video game stocks have been under pressure from political headwinds latelyThe shares of Zynga Inc (NASDAQ:ZNGA) are up 3.4% to trade at $5.79 this morning, after Wedbush named the video game maker to its "Best Ideas" list. The brokerage firm raved about the company's catalog of titles such as"Merge Dragons!" and "Empires & Puzzles," and noted that upcoming releases could drive growth through 2021...Read More
J. Jill reported second quarter revenue that exceeded analysts' estimates Retail name J. Jill Inc (NYSE:JILL) is in focus this morning, with the company reporting a strong second quarter this morning. The company posted revenue that beat analysts' expectations, citing positive traffic over the summer, and a smaller-than-expected loss for the period. The firm also lifted its full-year guidance. In...Read More
Oil futures are up, as well Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, getting a boost from Johnson & Johnson (JNJ) stock. This is offsetting uncertainty surrounding the latest U.S.-China trade headlines, after a spokesperson for China's Foreign Ministry said they were unaware of a phone call between the two countries that was touted by U.S. Presiden...Read More