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
Sonos stock is looking at its highest finish of 2019Electronics stock Sonos Inc (NASDAQ:SONO) is one of the biggest winners on the Street today, thanks to upbeat attention on the brokerage front. Raymond James updated its rating on SONO shares to "strong buy" from "outperform," noting that the security trades near the same levels as GoPro (GPRO) and Arlo Technologies (ARLO), even though the compan...Read More
Aramark is one of the best stocks on the NYSE todayOne of the top stocks on the New York Stock Exchange (NYSE) this morning is Aramark (NYSE:ARMK), up 10.5% to trade at $40.99, on track to snap a five-day losing streak. This comes after activist investor Paul Hilal's Mantle Ridge bought a roughly 10% stake in the food services provider, becoming its top investor. Stifel loves the development, up...Read More
The company is selling its corporate apparel business for $62 million Suit maker Tailored Brands Inc (NYSE:TLRD) announced today that it would be selling its corporate apparel business to a group led by the firm's U.K. executive team, in a $62 million deal. The company said some of these funds would go to debt reduction, and hiked its current-quarter earnings forecast. TLRD stock is up 7.5% at $5....Read More
PCG stock is headed toward levels not seen since late JanuaryPG&E Corporation (NYSE:PCG) stock is down 28% in electronic trading, set to open near levels not seen since late January. The negative premarket price action comes after a federal judge late Friday ruled the California utility firm could retain the sole rights to present its Chapter 11 bankruptcy plan, ending efforts from two major PCG s...Read More
Call traders have taken interest in the stocks, as wellDeckers Outdoor Corp (NYSE:DECK) is one stock that could be in for a strong session today, after Pivotal Research upgraded the shares to "buy" from "hold," saying the recent pullback marks an attractive entry point. DECK stock was testing the $180 a month ago, but then gapped lower, closing Friday at $134.29. The equity does seem to be finding...Read More
The 10-year Treasury yield continues to bounce back Dow Jones Industrial Average (DJI) futures are signaling a strong start to the week, pointing to a 293-point burst out of the gate for the blue-chip index. The 10-year Treasury yield -- which helped fuel a late-week rally on Friday -- continues to bounce back, climbing to 1.61%, at last check. But the big driver this morning is news that the U.S....Read More
The Chinese tech firm posted a second-quarter earnings beatChinese tech name SINA Corp (NASDAQ:SINA) is up 6.8% at $40.20 in electronic trading, after the company announced a second-quarter earnings and revenue beat. This marks the eighth straight earnings beat for the company, according to Thomson Reuters. Some of the quarter's success boost came from Weibo's (WB) live-streaming business, combi...Read More
A historical gold boom has resulted in thousands of abandoned mines spread across the Mojave desert that have grave environmental repercussions.Read full newsRead More
Large gold miners like Newmont Goldcorp aren't the only ones that could benefit from the rising price of gold. JPMorgan says to look at the stocks of small mining companies as well.Read full newsRead More
The surprising truth about S&P returns after previous yield curve inversionsThese past weeks have shown us that the equity markets are extremely vulnerable to headline risk, with interest rates and the trade war moving front and center. This has translated into a volatile market environment where eight of the past 13 trading days have triggered an S&P 500 Index (SPX - 2,888.68) move of plus or min...Read More
You won't find 'tizzy' among the 2,500 words in the Dictionary of Economics, but it's a good word to use if you're talking to your grandmother.Read full newsRead More
You won't find 'tizzy' among the 2,500 words in the Dictionary of Economics, but it's a good word to use if you're talking to your grandmother.Read full newsRead More
Premier Gold Mines (TSX: PG) is convinced it can add years to the mine life at its 2,000-tonne-per-day Mercedes gold-silver mine in Mexico's Sonora state."We've got about a four- to five-year mine life based on current reserves, and that was the life when we bought it in 2016, so we've been successful in replacing reserves every year," the company's president and CEO, Ewan Downie, tells The Northe...Read More
WMS has 25 years' experience supporting the Australian underground coal industry and is renowned for the supply and installation of cavity fill and strata consolidation phenolic foams, polyurethane chemicals and ventilation control devices.WMS is the Australian and New Zealand exclusive distributor of Weber Mining products including Rocsil, Fenoflex and Marithan products. It played a role in...Read More
The benchmark S&P/ASX200 has improved after Friday's slump and BHP (ASX: BHP) was up 0.58% at the time of writing.However Australian gold miner Saracen Mineral Holdings (ASX: SAR) was down 4.3% after today announcing a record profit, with production increasing and costs dropping and an inaugural dividend policy applying from FY2020.Mining stocks in Toronto were unchanged overall on Friday, as...Read More
"We are delighted that our vision of bringing this historic mine back into production after almost thirty years of closure has taken a significant step forward," said AfriTin chief executive Anthony Viljoen.AfriTin has already started producing tin concentrate at Uis, following the completion of its phase one pilot plant in July. The next step is to ramp up that plant to its capacity of 500,000 to...Read More
One of the world's leading suppliers of mineral drilling down-hole and information management technologies, and drilling fluids, Imdex is seeing better profit margins on more technology-led instrumentRead More
The Association Fran?? ?aise de Gemmologie (the French Association of Gemmology) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September 9, 2019, at: l'ASIEM, 6 rue Albert de Lapparent, Paris, France. Among the speakers are: Alan Bronstein, President of the Natural Color Diamond Association A...Read More
The diamond company Forevermark is betting on India. The company believes that the India's middle-class consumption is key to its success in what is thought to becom the second largest consumer market for diamond jewelry. Talking to Moneycontrol, Sachin Jain, President, Forevermark India, said, "We are present in 60 markets in India. We are present in Tier I, II, III and IV markets." Re...Read More
Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security has granted a renewal of TSX-listed Tsodilo Resources’ prospecting licence in the country for an additional two years, ending September 30, 2021.The licence area, which is within the Orapa Kimberlite Field (OKF), contains the company’s BK16 kimberlite project.AdvertisementTsodilo plans to soon start a...Read More