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

Options volume is accelerated today There hasn't been muchto write home about for GameStop Corp. (NYSE:GME). Today, though, the stock is up 7.6% to trade at $3.88, after Barron's reported hedge fund manager Michael Burry -- whose famous bet against subprime mortgages ahead of the 2008 housing crisis was featured in the movie "The Big Short" -- just went long on GME stock. Scion Asset Management...Read More

The yield-curve inversion has popped up once again The Dow Jones Industrial Average (DJI) has turned lower, reversing early gains, as recession anxieties begin to creep back in. Speaking from the central bank's annual symposium in Jackson Hole, Wyoming, Philadelphia Fed President Patrick Harker and Kansas City Fed President Esther George said they don't see a case for additional rate cuts right...Read More

Retail earnings will remain in focusNext week will be filled with plenty of economic updates, as the latest gross domestic product (GDP) data comes front and center. Wall Street will also sift through data on durable goods orders, international trade, and personal income and spending. As far as earnings, names like Ulta Beauty (ULTA) and Best Buy (BBY) will take center stage, as the retail sector...Read More

Mustang Bio is lower despite a FDA expedited designationTwo biotech names under pressure this morning are Mustang Bio Inc (NASDAQ:MBIO) and Retrophin Inc (NASDAQ:RTRX). Below, we'll get in to what's caused each stock to make suchoutsized moves lower today.First up is Mustang Bio, down 6% to trade at $4.36, despite the Food and Drug Administration (FDA) granting expedited review status to the compa...Read More

The brokerage firm is targeting major upside for the software stockMizuho Securities initiated coverage on Workday Inc (NASDAQ:WDAY) with a "buy" rating and a $225 price target -- a 17.8% premium to last night's close at $190.92. The brokerage firm said the company's cloud platform and prism analytics products could be "game-changers," potentially becoming $1 billion businesses.Today's bull note c...Read More

The firm posted better-than-expected second-quarter earnings Department store name Nordstrom, Inc. (NYSE:JWN) is following yesterday's big retail gains with a win of its own. The shares of JWN are up 11.7% at $29.65, after the firm reported second-quarter earnings that exceeded analysts' estimates. Nordstrom said it cut costs and cleared more inventory via online sales. The company also reported a...Read More

W is more than 45% above its late-December bottomOnline furniture retailer Wayfair Inc (NYSE:W) is surging right out of the gate this morning, already up 3.3% at $118.88, after receiving a fresh bull note from Stifel. The brokerage firm upgraded to a "buy" from "hold," with a $150 price target, saying the stock's recent 12% drop made an attractive entry point for buyers. Interestingly, the stock...Read More

Weekly jobless claims fell more than expected last week Dow Jones Industrial Average (DJI) futures are trading modestly above fair value, with the blue-chip index set to build on yesterday's retail-focused rally. The Fed's annual symposium in Jackson Hole, Wyoming, will kick off later today, whereFed presidents will comment on the global economy. Investors will be eager for any details about U.S....Read More

Solaredge shares are set for a rare pullbackSolaredge Technologies Inc (NASDAQ:SEDG) is set to slide 6.3% at the open due to news the alternative energy company's CEO Guy Sella is taking a medical leave of absence. Meanwhile, UBS downgraded the shares to "neutral" from "buy," though it also raised its price target to $90 from $73, saying it expects solar installations to peak over the next year. S...Read More

August 20, 2019 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / August 19, 2019, 2018 / Harmony Gold Mining Co. Ltd. (NYSE: HMY) will be discussing...Read full newsRead More

Harmony Gold Mining Co. is assessing the acquisition of new assets, including AngloGold Ashanti Ltd.'s last underground operation in South Africa, as it seeks to replace depleting reserves.Read full newsRead More

By Peter Hobson, Yawen Chen3 Min ReadLONDON/BEIJING (Reuters) - China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May.FILE PHOTO: A gold ring is seen on the hand of a customer at Caibai Jewelry store, in Beijing, C...Read More

The fall was largely the result of a $504 million impairment on the company's South Africa Energy Coal division.Read More

IDEX' Research Director Ken Gassman is the author of the cover story of the September issue of IDEX Magazine. Entitled "Solving the puzzle for diamantaires - how to capture a greater share of consumer spending" Gassman tries to understand why the diamond industry is so different from other markets, where producers, suppliers and retailers closely monitor shoppers' buying habits, and ofte...Read More

One hundred and twenty years after the first miners began panning for gold in the Yukon River, RESOLVE, a solutions-focused NGO, announced the launch of Salmon Gold, an innovative approach to sourcing gold responsibly and restoring fish habitats in Alaska, the Yukon Territory, and British Columbia, with its partners, Tiffany & Co. and Apple. Gold from the project is now in the supply chains o...Read More

The Antwerp World Diamond Centre (AWDC) has thrown its weight behind the prestigious International Film Festival Antwerpen (IFFA) in the latter's quest for additional sponsors for the festival's first edition. The IFFA is scheduled to take place from March 10-15, 2020, various theaters throughout the city and in the Elizabeth Hall, adjacent to Antwerp's Diamond Quarter.  Quoti...Read More

An earlier edition of a Diamond Week at the DDC.   This week, the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), hosted over 50 exhibitors and several hundred buyers at its tenth India Diamond Week on the DDC's state-of-the-art trading floor at the International Gem Tower in Manhattan. The DDC leadership said that wi...Read More

The Gem & Jewellery Export Promotion Council (GJEPC), the Antwerp World Diamond Centre (AWDC) and the Israel Diamond Institute (IDI) drafted and sent a joint letter to Celine Lau, director of Jewellery Fairs at Informa Markets, the firm that runs the Hong Kong Gem & Jewellery Fair that will take place in the second half of September, asking Lau to postpone the show. The joint letter sent b...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe company said EBITDA of US$1.3 billion for the first half of 2019 was struck on 19.1% highe...Read More

Dear Rich Lifer,Over the weekend, I shared some of the pros and cons of buying a vacation home.Not only do you need to be able to cover the upfront costs of buying a second home, you also have ongoing yearly expenses to cover as well.And unless you intend on renting out the property for a good chunk of the year, forget about seeing a significant return on your investment.But, a few readers asked i...Read More